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Segment Informaiton (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Revenue from External Customers by Product Line
Segment sales to external customers by product line were as follows (dollars in millions):
 
Year Ended December 31
2015
 
2014
 
2013
Packaging sales
$
4,477.3

 
$
4,540.3

 
$
3,431.7

 
 
 
 
 
 
Paper sales
 
 
 
 
 
White papers
1,089.6

 
1,138.5

 
207.0

Market pulp
53.5

 
62.9

 
9.9

 
1,143.1

 
1,201.4

 
216.9

Corporate and Other
121.3

 
110.9

 
16.7

 
$
5,741.7

 
$
5,852.6

 
$
3,665.3

Analysis of Operations by Reportable Segment
An analysis of operations by reportable segment is as follows (dollars in millions):
 
 
Sales, net
 
Operating Income (Loss)
 
Depreciation,
Amortization, and Depletion
 
Capital
Expenditures (l)
 
Assets
Year Ended December 31, 2015
 
Trade
 
Inter-
segment
 
Total
 
 
 
 
Packaging
 
$
4,474.1

 
$
3.2

 
$
4,477.3

 
$
714.9

(a)
$
297.3

 
$
250.3

 
$
4,027.9

Paper
 
1,143.1

 

 
1,143.1

 
112.5

(b)
54.9

 
58.5

 
976.5

Corporate and Other
 
124.5

 
133.8

 
258.3

 
(77.4
)
(c)
4.3

 
5.7

 
280.2

Intersegment eliminations
 

 
(137.0
)
 
(137.0
)
 

 

 

 

 
 
$
5,741.7

 
$

 
$
5,741.7

 
750.0

 
$
356.5

 
$
314.5

 
$
5,284.6

Interest expense, net
 
 
 
 
 
 
 
(85.5
)
 
 
 
 
 
 
Income before taxes
 
 
 
 
 
 
 
$
664.5

 
 
 
 
 
 
 
 
Sales, net
 
Operating Income (Loss)
 
Depreciation,
Amortization, and Depletion
 
Capital
Expenditures (l)
 
Assets
Year Ended December 31, 2014
 
Trade
 
Inter-
segment
 
Total
 
 
 
 
Packaging
 
$
4,534.5

 
$
5.8

 
$
4,540.3

 
$
663.2

(d)
$
323.0

 
$
362.1

 
$
4,105.3

Paper
 
1,201.4

 

 
1,201.4

 
135.4

 
50.6

 
51.7

 
968.6

Corporate and Other
 
116.7

 
144.9

 
261.6

 
(95.9
)
(e)
7.4

 
6.4

 
198.9

Intersegment eliminations
 

 
(150.7
)
 
(150.7
)
 

 

 

 

 
 
$
5,852.6

 
$

 
$
5,852.6

 
702.7

 
$
381.0

 
$
420.2

 
$
5,272.8

Interest expense, net
 
 
 
 
 
 
 
(88.4
)
(f)
 
 
 
 
 
Income before taxes
 
 
 
 
 
 
 
$
614.3

 
 
 
 
 
 
 
 
Sales, net
 
Operating Income (Loss)
 
Depreciation,
Amortization, and Depletion
 
Capital
Expenditures (l)
 
Assets
Year Ended December 31, 2013 (g)
 
Trade
 
Inter-
segment
 
Total
 
 
 
 
Packaging
 
$
3,431.3

 
$
0.4

 
$
3,431.7

 
$
554.2

(h)
$
190.2

 
$
222.2

 
$
3,988.5

Paper
 
216.9

 

 
216.9

 
13.5

(i)
9.1

 
10.0

 
938.4

Corporate and Other
 
17.1

 
28.0

 
45.1

 
(85.8
)
(j)
2.5

 
2.2

 
269.3

Intersegment eliminations
 

 
(28.4
)
 
(28.4
)
 

 

 

 

 
 
$
3,665.3

 
$

 
$
3,665.3

 
481.9

 
$
201.8

 
$
234.4

 
$
5,196.2

Interest expense, net
 
 
 
 
 
 
 
(58.3
)
(k)
 
 
 
 
 
Income before taxes
 
 
 
 
 
 
 
$
423.6

 
 
 
 
 
 

____________
(a)
Includes net charges of $2.0 million primarily related to restructuring activities at our mill in DeRidder, Louisiana and $4.1 million of Boise acquisition integration-related and other costs.
(b)
In September 2015, we sold the remaining land, buildings, and equipment at our paper mill site in St. Helens, Oregon where we ceased paper production in December 2012. We recorded a $6.7 million gain on the sale.
(c)
Includes $9.3 million of Boise acquisition integration-related and other costs. These costs primarily relate to professional fees, severance, retention, relocation, travel, and other integration-related costs.
(d)
Includes $65.8 million of costs related primarily to the conversion of the No. 3 newsprint machine at our DeRidder, Louisiana mill to produce lightweight linerboard and corrugating medium, and our exit from the newsprint business in September 2014. Includes $4.9 million of Boise acquisition integration-related and other costs.
(e)
Includes $13.5 million of Boise acquisition integration-related and other costs and $17.6 million of costs for the settlement of the Kleen Products LLC v Packaging Corp. of America et al class action lawsuit. See Note 19, Commitments, Guarantees, Indemnifications, and Legal Proceedings, for more information.
(f)
Includes $1.5 million of expense related to the write-off of deferred financing costs in connection with the debt refinancing discussed in Note 10, Debt.
(g)
On October 25, 2013, we acquired Boise Inc. (Boise). Our financial results include Boise subsequent to acquisition.
(h)
Includes $18.0 million of expense for the acquisition inventory step-up and $1.4 million of integration-related and other costs incurred in connection with the acquisition of Boise in fourth quarter 2013.
(i)
Includes $3.5 million of expense for acquisition inventory step-up and $1.9 million of income for integration-related and other costs.
(j)
Includes $17.2 million of acquisition-related costs and $17.9 million of integration-related and other costs.
(k)
Includes $10.5 million of expenses for financing the Boise acquisition and $1.1 million of expense for the write-off of deferred financing costs.
(l)
Includes "Additions to property, plant, and equipment" and excludes cash used for "Acquisitions of businesses, net of cash acquired" as reported on our Consolidated Statements of Cash Flows.