10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-11-128333 |
| Period End Date | 20110331 |
| Filing Date | 20110505 |
| Fiscal Year | 2011 |
| Fiscal Period | Q1 |
| XBRL Instance | mwv-20110331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$850.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$731.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$790.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$675.00M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Accounts receivable, net |
ReceivablesNetCurrent
|
$827.00M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
168.33M | shares | Point-in-time |
| Accounts receivable, net |
ReceivablesNetCurrent
|
$713.00M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
169.46M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
169.46M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$742.00M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
168.33M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$642.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$128.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$131.00M | USD | Point-in-time |
| Current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
- | USD | Point-in-time |
| Current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$56.00M | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$2.26B | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$2.45B | USD | Point-in-time |
| Property, plant, equipment and forestlands, net |
PropertyPlantAndEquipmentNet
|
$3.31B | USD | Point-in-time |
| Property, plant, equipment and forestlands, net |
PropertyPlantAndEquipmentNet
|
$3.25B | USD | Point-in-time |
| Prepaid pension asset |
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
$1.08B | USD | Point-in-time |
| Prepaid pension asset |
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
$1.05B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$812.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$821.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.22B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.24B | USD | Point-in-time |
| Non-current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$25.00M | USD | Point-in-time |
| Non-current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
- | USD | Point-in-time |
| Total assets |
Assets
|
$8.71B | USD | Point-in-time |
| Total assets |
Assets
|
$8.81B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$551.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$590.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$606.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$480.00M | USD | Point-in-time |
| Notes payable and current maturities of long-term debt |
NotesAndLoansPayableCurrent
|
$7.00M | USD | Point-in-time |
| Notes payable and current maturities of long-term debt |
NotesAndLoansPayableCurrent
|
$7.00M | USD | Point-in-time |
| Current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
- | USD | Point-in-time |
| Current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$23.00M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$1.04B | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$1.23B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$2.04B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$2.03B | USD | Point-in-time |
| Other long-term obligations |
OtherLiabilitiesNoncurrent
|
$1.26B | USD | Point-in-time |
| Other long-term obligations |
OtherLiabilitiesNoncurrent
|
$1.25B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$972.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$981.00M | USD | Point-in-time |
| Non-current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
- | USD | Point-in-time |
| Non-current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$3.00M | USD | Point-in-time |
| Common stock, $0.01 par Shares authorized: 600,000,000 Shares issued and outstanding: 2011 - 169,462,106 (2010 - 168,331,858) |
CommonStockValue
|
$2.00M | USD | Point-in-time |
| Common stock, $0.01 par Shares authorized: 600,000,000 Shares issued and outstanding: 2011 - 169,462,106 (2010 - 168,331,858) |
CommonStockValue
|
$2.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.08B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.09B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$241.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$219.00M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$59.00M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-10.00M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$3.39B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$3.29B | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$20.00M | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$21.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.31B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$8.81B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$8.71B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$1.36B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.26B | USD | 1 Quarter |
| Cost of sales |
CostOfSales
|
$1.05B | USD | 1 Quarter |
| Cost of sales |
CostOfSales
|
$1.03B | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpenses
|
$184.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpenses
|
$164.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$45.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$47.00M | USD | 1 Quarter |
| Other income, net |
OtherIncomeExpenseNet
|
$6.00M | USD | 1 Quarter |
| Other income, net |
OtherIncomeExpenseNet
|
$22.00M | USD | 1 Quarter |
| Income from continuing operations before income taxes |
IncomeFromContinuingOperationsIncludingNonControllingInterestAdjustmentsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$107.00M | USD | 1 Quarter |
| Income from continuing operations before income taxes |
IncomeFromContinuingOperationsIncludingNonControllingInterestAdjustmentsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$28.00M | USD | 1 Quarter |
| Income tax provision (benefit) |
IncomeTaxExpenseBenefit
|
$35.00M | USD | 1 Quarter |
| Income tax provision (benefit) |
IncomeTaxExpenseBenefit
|
$-1.00M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$72.00M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$29.00M | USD | 1 Quarter |
| Loss from discontinued operations, net of income taxes |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-5.00M | USD | 1 Quarter |
| Loss from discontinued operations, net of income taxes |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-6.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$24.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$66.00M | USD | 1 Quarter |
| Less: Net income attributable to non-controlling interests, net of income taxes |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.00M | USD | 1 Quarter |
| Less: Net income attributable to non-controlling interests, net of income taxes |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net income attributable to the company |
NetIncomeLoss
|
$24.00M | USD | 1 Quarter |
| Net income attributable to the company |
NetIncomeLoss
|
$65.00M | USD | 1 Quarter |
| Income from continuing operations attributable to the company |
IncomeLossFromContinuingOperations
|
$71.00M | USD | 1 Quarter |
| Income from continuing operations attributable to the company |
IncomeLossFromContinuingOperations
|
$29.00M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.42 | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.17 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.04 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.03 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareBasic
|
$0.38 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareBasic
|
$0.14 | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.41 | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.17 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.03 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.03 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareDiluted
|
$0.14 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareDiluted
|
$0.38 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
169.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
171.40M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
172.70M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
173.90M | shares | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareDeclared
|
$0.25 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareDeclared
|
$0.23 | USD | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$24.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$66.00M | USD | 1 Quarter |
| Discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-5.00M | USD | 1 Quarter |
| Discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-6.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$99.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$96.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-11.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-23.00M | USD | 1 Quarter |
| Loss on sales of assets, net |
GainLossOnSaleOfOtherAssets
|
$-1.00M | USD | 1 Quarter |
| Loss on sales of assets, net |
GainLossOnSaleOfOtherAssets
|
- | USD | 1 Quarter |
| Pension income |
PensionIncome
|
$20.00M | USD | 1 Quarter |
| Pension income |
PensionIncome
|
$20.00M | USD | 1 Quarter |
| Appreciation in cash surrender value insurance policies |
IncreaseDecreaseInCashSurrenderValueLifeInsurancePolicies
|
$-11.00M | USD | 1 Quarter |
| Appreciation in cash surrender value insurance policies |
IncreaseDecreaseInCashSurrenderValueLifeInsurancePolicies
|
$-6.00M | USD | 1 Quarter |
| Changes in working capital, excluding the effects of acquisitions and dispositions |
IncreaseDecreaseInOperatingCapital
|
$147.00M | USD | 1 Quarter |
| Changes in working capital, excluding the effects of acquisitions and dispositions |
IncreaseDecreaseInOperatingCapital
|
$66.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherNoncurrentOperatingAssetsAndLiabilitiesNetIncludingOtherNonCashAdjustments
|
$-7.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherNoncurrentOperatingAssetsAndLiabilitiesNetIncludingOtherNonCashAdjustments
|
$14.00M | USD | 1 Quarter |
| Net cash used in operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-4.00M | USD | 1 Quarter |
| Net cash used in operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-10.00M | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-5.00M | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-4.00M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-15.00M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-8.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$37.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$113.00M | USD | 1 Quarter |
| Proceeds from dispositions of assets |
ProceedsFromDispositionsOfAssets
|
$2.00M | USD | 1 Quarter |
| Proceeds from dispositions of assets |
ProceedsFromDispositionsOfAssets
|
$3.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-9.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$2.00M | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$46.00M | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$1.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-67.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.00M | USD | 1 Quarter |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.00M | USD | 1 Quarter |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
- | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$16.00M | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$16.00M | USD | 1 Quarter |
| Changes in notes payable and other short-term borrowings, net |
ProceedsFromRepaymentsOfShortTermDebt
|
$11.00M | USD | 1 Quarter |
| Changes in notes payable and other short-term borrowings, net |
ProceedsFromRepaymentsOfShortTermDebt
|
- | USD | 1 Quarter |
| Changes in book overdrafts |
IncreaseDecreaseInOutstandingChecksFinancingActivities
|
$-3.00M | USD | 1 Quarter |
| Changes in book overdrafts |
IncreaseDecreaseInOutstandingChecksFinancingActivities
|
$2.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$42.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$39.00M | USD | 1 Quarter |
| Proceeds from exercises of stock options |
ProceedsFromStockOptionsExercised
|
$10.00M | USD | 1 Quarter |
| Proceeds from exercises of stock options |
ProceedsFromStockOptionsExercised
|
$2.00M | USD | 1 Quarter |
| Stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$26.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-50.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-67.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-20.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$17.00M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-115.00M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-119.00M | USD | 1 Quarter |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$850.00M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$731.00M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$790.00M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$675.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$850.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$731.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$790.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$675.00M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.