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Other Income (Expense), Net (Tables)
6 Months Ended
Jun. 30, 2023
Other Income and Expenses [Abstract]  
Components of Other Income (Expense), Net

The components of other income (expense), net, were as follows (dollars in millions):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Asset disposals and write-offs

 

$

(6.6

)

 

$

(13.8

)

 

$

(13.2

)

 

$

(26.4

)

Facilities closure and other income (costs) (a)

 

 

(2.4

)

 

 

0.5

 

 

 

(7.1

)

 

 

0.1

 

Jackson mill conversion-related activities (b)

 

 

(1.8

)

 

 

(1.7

)

 

 

(1.5

)

 

 

(2.1

)

Other

 

 

(3.9

)

 

 

(1.3

)

 

 

(5.4

)

 

 

(3.5

)

Total

 

$

(14.7

)

 

$

(16.3

)

 

$

(27.2

)

 

$

(31.9

)

 

(a)
For 2023, includes charges consisting of closure costs related to corrugated products facilities and design centers. For 2022, includes income primarily consisting of insurance proceeds received for a natural disaster at one of the corrugated products facilities, partially offset by closure costs related to corrugated products facilities and acquisition and integration costs related to the December 2021 Advance Packaging Corporation acquisition.

 

(b)
Includes charges related to the announced discontinuation of production of uncoated freesheet paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.