XML 39 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Other Income (Expense), Net (Tables)
3 Months Ended
Mar. 31, 2017
Other Income and Expenses [Abstract]  
Components of Other Expense, Net
The components of other income (expense), net, were as follows (dollars in millions):
 
Three Months Ended March 31
 
 
2017
 
2016
 
Hexacomb working capital adjustment (a)
$
2.3

 
$

 
DeRidder mill incident (b)
(5.0
)
 

 
Asset disposals and write-offs
(2.3
)
 
(1.8
)
 
Integration-related, facilities closure and other costs (c)
(0.8
)
 
(2.0
)
 
Other
(1.2
)
 
(0.1
)
 
Total
$
(7.0
)
 
$
(3.9
)
 
___________
(a)
The three months ended March 31, 2017 include $2.3 million of income related to a working capital adjustment from the April 2015 sale of our Hexacomb corrugated manufacturing operations in Europe and Mexico.
(b)
The three months ended March 31, 2017 include $5.0 million of costs for the property damage and business interruption insurance deductible corresponding to the Februrary 2017 explosion at our DeRidder, LA mill.
(c)
The three months ended March 31, 2017 include $0.8 million of charges consisting of closure costs related to corrugated products facilities, integration costs related to the TimBar Corporation and Columbus Container, Inc. acquisitions, and costs related to a lump sum settlement payment of a multiemployer pension plan withdrawal liability for one of our corrugated products facilities.
The three months ended March 31, 2016 include $2.0 million of facilities closure costs.