Other Income (Expense), Net (Tables)

6 Months Ended

Jun. 30, 2024

Other Income and Expenses [Abstract]

Components of Other Income (Expense), Net

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2024			2023			2024			2023
Asset disposals and write-offs	$	(8.0	)	$	(6.6	)	$	(15.5	)	$	(13.2	)
Jackson mill conversion-related activities (a)		0.6			(1.8	)		(7.6	)		(1.5	)
Facilities closure and other costs (b)		(0.1	)		(2.4	)		—			(7.1	)
DeRidder litigation (c)		(2.0	)		—			(125.7	)		—
DeRidder litigation insurance recovery (c)		2.0			—			125.7			—
Other		(4.7	)		(3.9	)		(11.7	)		(5.4	)
Total	$	(12.2	)	$	(14.7	)	$	(34.8	)	$	(27.2	)

(a)Includes items 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.

(b)For the three months ended June 30, 2024, includes charges consisting of closure costs related to corrugated products facilities. For the six months ended June 30, 2024, these charges were completely offset by income primarily related to a favorable lease buyout for a closed corrugated products facility during the first quarter of 2024. For 2023, includes charges consisting of closure costs related to corrugated products facilities and design centers.

(c)On April 24, 2024, a jury for the remaining DeRidder mill lawsuit that was tried in the U.S. District Court for the Middle District of Louisiana awarded plaintiffs compensatory damages plus interest. The amount of the verdict with interest is within the remaining limits of the Company's liability insurance policies. See Note 19, Commitments, Guarantees, Indemnifications, and Legal Proceedings for additional detail.