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2303301 - Disclosure - Supplemental Balance Sheet Data (Tables)
(http://www.graphicpkg.com/role/SupplementalBalanceSheetDataTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001408075 (http://www.sec.gov/CIK)
Balance Sheet Related Disclosures [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Balance Sheet Related Disclosures [Abstract]
 
Receivables, Net
The following tables provide disclosure related to the components of certain line items included in our consolidated balance sheets.

Receivables, Net:

In millions
2016
2015
Trade
$
370.0

$
344.3

Less: Allowance
(6.7
)
(7.5
)
 
363.3

336.8

Other (1)
63.5

87.1

Total
$
426.8

$
423.9


(1) Includes a receivable of approximately $31 million and $51 million for 2016 and 2015, respectively, from the financial institution under the purchasing and servicing of receivables agreements, which is a Level 3 fair value measurement.

  
Inventories, Net by major class

Inventories, Net by major class:

In millions
2016
2015
Finished Goods
$
238.3

$
265.5

Work in Progress
73.5

50.4

Raw Materials
187.2

163.0

Supplies
83.9

78.2

Total
$
582.9

$
557.1


  
Other Current Assets

Other Current Assets:

In millions
2016
2015
Prepaid Assets
$
34.1

$
30.5

Assets Held for Sale
5.0

—

Fair Value of Derivatives, current portion
7.0

0.4

Total
$
46.1

$
30.9


  
Property, Plant and Equipment, Net
Depreciation is computed using the straight-line method based on the following estimated useful lives of the related assets:

Buildings
40 years
Land improvements
15 years
Machinery and equipment
3 to 40 years
Furniture and fixtures
10 years
Automobiles, trucks and tractors
3 to 5 years

Property, Plant and Equipment, Net:

In millions
2016
2015
Property, Plant and Equipment, at Cost:
 
 
Land and Improvements
$
105.9

$
101.9

Buildings
404.1

379.7

Machinery and Equipment (2)    
4,137.0

3,844.3

Construction-in-Progress
106.4

156.4

 
4,753.4

4,482.3

Less: Accumulated Depreciation (2)    
(3,001.5
)
(2,895.9
)
Total
$
1,751.9

$
1,586.4


(2) Includes gross assets under capital lease of $25.6 million and related accumulated depreciation of $5.0 million as of December 31, 2016 and gross assets under capital lease of $8.8 million and related accumulated depreciation of $4.1 million as of December 31, 2015.

  
Other Assets
Other Assets:

In millions
2016
2015
Deferred Debt Issuance Costs, Net of Amortization of $9.3 million and $7.7 million for 2016 and 2015, respectively    
$
4.5

$
6.1

Deferred Income Tax Assets
3.2

3.6

Pension Assets
3.0

10.4

Long-term Receivables
—

9.4

Fair Value of Derivatives, noncurrent portion
0.7

—

Other
19.6

18.9

Total
$
31.0

$
48.4


  
Other Accrued Liabilities
Other Accrued Liabilities:

In millions
2016
2015
Dividends Payable
$
23.6

$
16.3

Deferred Revenue
11.4

19.5

Accrued Customer Rebates
8.0

6.6

Fair Value of Derivatives, current portion
0.8

14.2

Other
83.4

52.2

Total
$
127.2

$
108.8

  
Other Noncurrent Liabilities
Other Noncurrent Liabilities:

In millions
2016
2015
Deferred Revenue
$
6.7

$
6.1

Multi-employer Plans
30.4

30.5

Workers Compensation Reserve
10.7

11.6

Other
20.3

21.1

Total
$
68.1

$
69.3