Other Income (Expense), Net (Tables)

6 Months Ended

Jun. 30, 2026

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,
	2026			2025			2026			2025
Asset disposals and write-offs	$	(11.0	)	$	(10.5	)	$	(17.0	)	$	(18.8	)
Facilities closure and other (costs) income (a)		(8.8	)		25.3			(11.7	)		23.0
Acquisition and integration-related costs (b)		(3.3	)		(1.6	)		(6.7	)		(1.6	)
Wallula mill restructuring (c)		(6.3	)		—			(9.0	)		—
Other		(12.6	)		(9.3	)		(18.8	)		(11.8	)
Total	$	(42.0	)	$	3.9		$	(63.2	)	$	(9.2	)

(a)

For the three and six months ended June 30, 2026, includes charges consisting of closure costs related to corrugated products facilities and the write-off of expenditures related to sustainability and renewable energy projects. The write-off of expenditures related to sustainability and renewable energy projects was recorded following the Company’s decision to defer a specific carbon capture initiative at this time. For the three and six months ended June 30, 2025, includes income related to gains on sales of corrugated products facilities, partially offset by closure costs related to corrugated products facilities.

(b)

For the three and six months ended June, 30, 2026, includes charges for acquisition and integration costs related to recent acquisitions. For the three and six months ended June 30, 2025, includes charges for acquisition and integration costs related to the Greif Acquisition.

(c)

For the three and six months ended June 30, 2026, includes charges related to the announced discontinuation of the No. 2 machine and kraft pulping facilities at the Wallula, Washington containerboard mill.