Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Selected Financial Information by Reportable Segment

Selected financial information by reportable segment was as follows (dollars in millions):

	Sales, net								Operating Income (Loss)
Three Months Ended March 31, 2017	Trade		Inter-segment			Total
Packaging	$	1,251.3	$	5.7		$	1,257.0		$	190.8		(a)
Paper	259.2		—			259.2			29.8
Corporate and Other	26.0		28.2			54.2			(17.5		)	(a)
Intersegment eliminations	—		(33.9		)	(33.9		)	—
	$	1,536.5	$	—		$	1,536.5		203.1
Interest expense, net									(24.0		)
Income before taxes									$	179.1

	Sales, net								Operating Income (Loss)
Three Months Ended March 31, 2016	Trade		Inter-segment			Total
Packaging	$	1,093.8	$	1.7		$	1,095.5		$	161.5		(b)
Paper	280.5		—			280.5			36.1			(b)
Corporate and Other	26.7		36.0			62.7			(16.8		)
Intersegment eliminations	—		(37.7		)	(37.7		)	—
	$	1,401.0	$	—		$	1,401.0		180.8
Interest expense, net									(21.6		)
Income before taxes									$	159.2

___________

(a) The three months ended March 31, 2017 include the following:

1. $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.

2. $5.0 million of costs for the property damage and business interruption insurance deductible corresponding to the February 2017 explosion at our DeRidder, LA mill.

3. $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, 2016 include charges of $2.8 million for facilities closure costs recorded within "Other expense, net" and "Cost of sales" as appropriate.