Accrued Liabilities (Tables)

3 Months Ended

Mar. 31, 2025

The components of accrued liabilities were as follows (dollars in millions):


	March 31,		December 31,
	2025		2024
Compensation and benefits	$	101.2	$	168.5
DeRidder litigation and other litigation (a)		59.2		96.2
Customer rebates and other credits		31.3		33.9
Medical insurance and workers’ compensation		29.6		29.1
Franchise, property, sales and use taxes		23.8		18.7
Severance, retention, and relocation		4.6		3.4
Environmental liabilities and asset retirement obligations		3.1		3.2
Other		9.7		9.9
Total	$	262.5	$	362.9

(a)

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. During the fourth quarter of 2024, the Company, certain of its insurers, and the plaintiffs agreed to settle the matter for $59.2 million. For more information, see Note 19, Commitments, Guarantees, Indemnifications, and Legal Proceedings, of the Notes to Consolidated Financial Statements in “Part II, Item 8. Financial Statements and Supplementary Data” of our 2024 Annual Report on Form 10-K. This amount was included in the Consolidated Balance Sheet as of both March 31, 2025 and December 31, 2024. The remaining balance as of December 31, 2024 relates to other settlement amounts that were fully insured and paid out during the first quarter of 2025.