10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-199869 |
| Period End Date | 20120331 |
| Filing Date | 20120501 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | mwv-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 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 |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$656.00M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$483.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$675.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$790.00M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
172.83M | shares | Point-in-time |
| Accounts receivable, net |
ReceivablesNetCurrent
|
$723.00M | USD | Point-in-time |
| Accounts receivable, net |
ReceivablesNetCurrent
|
$848.00M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
170.87M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$742.00M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$649.00M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
170.87M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
172.83M | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$113.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$89.00M | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$2.24B | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$2.06B | USD | Point-in-time |
| Property, plant, equipment and forestlands, net |
PropertyPlantAndEquipmentNet
|
$3.59B | USD | Point-in-time |
| Property, plant, equipment and forestlands, net |
PropertyPlantAndEquipmentNet
|
$3.53B | USD | Point-in-time |
| Prepaid pension asset |
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
$1.00B | USD | Point-in-time |
| Prepaid pension asset |
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
$969.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$832.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$836.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.21B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.19B | USD | Point-in-time |
| Total assets |
Assets
|
$8.76B | USD | Point-in-time |
| Total assets |
Assets
|
$8.70B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$636.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$644.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$591.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$477.00M | USD | Point-in-time |
| Notes payable and current maturities of long-term debt |
NotesAndLoansPayableCurrent
|
$254.00M | USD | Point-in-time |
| Notes payable and current maturities of long-term debt |
NotesAndLoansPayableCurrent
|
$253.00M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$1.38B | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$1.48B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.88B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.88B | USD | Point-in-time |
| Other long-term obligations |
OtherLiabilitiesNoncurrent
|
$1.27B | USD | Point-in-time |
| Other long-term obligations |
OtherLiabilitiesNoncurrent
|
$1.29B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$934.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$898.00M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.01 par Shares authorized: 600,000,000 Shares issued and outstanding: 2012 - 172,834,822 (2011 - 170,870,154) |
CommonStockValue
|
$2.00M | USD | Point-in-time |
| Common stock, $0.01 par Shares authorized: 600,000,000 Shares issued and outstanding: 2012 - 172,834,822 (2011 - 170,870,154) |
CommonStockValue
|
$2.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.16B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.15B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$292.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$298.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-265.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-225.00M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$3.23B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$3.18B | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$20.00M | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$19.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.20B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.25B | 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
|
$8.76B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$8.70B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$1.42B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.36B | USD | 1 Quarter |
| Cost of sales |
CostOfSales
|
$1.05B | USD | 1 Quarter |
| Cost of sales |
CostOfSales
|
$1.11B | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAdministrativeExpenses
|
$184.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAdministrativeExpenses
|
$197.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$44.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$47.00M | USD | 1 Quarter |
| Other income, net |
OtherIncomeExpenseNet
|
$22.00M | USD | 1 Quarter |
| Other income, net |
OtherIncomeExpenseNet
|
$12.00M | USD | 1 Quarter |
| Income from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$107.00M | USD | 1 Quarter |
| Income from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$78.00M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$28.00M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$35.00M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$72.00M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$50.00M | USD | 1 Quarter |
| Loss from discontinued operations, net of income taxes |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-6.00M | USD | 1 Quarter |
| Loss from discontinued operations, net of income taxes |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
- | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$66.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$50.00M | 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
|
$1.00M | USD | 1 Quarter |
| Net income attributable to the company |
NetIncomeLoss
|
$49.00M | USD | 1 Quarter |
| Net income attributable to the company |
NetIncomeLoss
|
$65.00M | USD | 1 Quarter |
| Income from continuing operations attributable to the company |
IncomeLossFromContinuingOperations
|
$49.00M | USD | 1 Quarter |
| Income from continuing operations attributable to the company |
IncomeLossFromContinuingOperations
|
$71.00M | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.29 | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.42 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.04 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
- | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareBasic
|
$0.29 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareBasic
|
$0.38 | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.28 | USD | 1 Quarter |
| Income from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.41 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
- | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.03 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareDiluted
|
$0.38 | USD | 1 Quarter |
| Net income attributable to the company |
EarningsPerShareDiluted
|
$0.28 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
171.90 | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
169.00 | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
172.70 | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
175.30 | shares | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareDeclared
|
$0.25 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareDeclared
|
$0.25 | USD | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$66.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$50.00M | USD | 1 Quarter |
| Discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-6.00M | USD | 1 Quarter |
| Discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
- | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$99.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$99.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-11.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-27.00M | USD | 1 Quarter |
| Loss on sales of assets, net |
GainLossOnSaleOfOtherAssets
|
- | USD | 1 Quarter |
| Loss on sales of assets, net |
GainLossOnSaleOfOtherAssets
|
$-1.00M | USD | 1 Quarter |
| Pension income |
PensionIncome
|
$20.00M | USD | 1 Quarter |
| Pension income |
PensionIncome
|
$15.00M | USD | 1 Quarter |
| Appreciation in cash surrender value insurance policies |
IncreaseDecreaseInCashSurrenderValueLifeInsurancePolicies
|
$-11.00M | USD | 1 Quarter |
| Appreciation in cash surrender value insurance policies |
IncreaseDecreaseInCashSurrenderValueLifeInsurancePolicies
|
$-11.00M | 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
|
$86.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherNoncurrentOperatingAssetsAndLiabilitiesNetIncludingOtherNonCashAdjustments
|
$-7.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherNoncurrentOperatingAssetsAndLiabilitiesNetIncludingOtherNonCashAdjustments
|
$-11.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-10.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$21.00M | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-5.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$21.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-15.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$152.00M | 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
|
$2.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$2.00M | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Discontinued operations |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$46.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-151.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-67.00M | USD | 1 Quarter |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.00M | USD | 1 Quarter |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$12.00M | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$16.00M | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$15.00M | USD | 1 Quarter |
| Changes in book overdrafts |
IncreaseDecreaseInOutstandingChecksFinancingActivities
|
$-3.00M | USD | 1 Quarter |
| Changes in book overdrafts |
IncreaseDecreaseInOutstandingChecksFinancingActivities
|
$-15.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$43.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$42.00M | USD | 1 Quarter |
| Proceeds from exercises of stock options |
ProceedsFromStockOptionsExercised
|
$10.00M | USD | 1 Quarter |
| Proceeds from exercises of stock options |
ProceedsFromStockOptionsExercised
|
$12.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-2.00M | 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
|
$-51.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$8.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$17.00M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-173.00M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-115.00M | USD | 1 Quarter |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$656.00M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$483.00M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$675.00M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$790.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$656.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$483.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$675.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$790.00M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$66.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$50.00M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$70.00M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$41.00M | USD | 1 Quarter |
| Adjustments related to pension and other benefit plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Adjustments related to pension and other benefit plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$5.00M | USD | 1 Quarter |
| Net unrealized loss on derivative instruments |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$6.00M | USD | 1 Quarter |
| Net unrealized loss on derivative instruments |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$1.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$69.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$40.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$135.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$90.00M | USD | 1 Quarter |
| Less: comprehensive income attributable to non-controlling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.00M | USD | 1 Quarter |
| Less: comprehensive income attributable to non-controlling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.00M | USD | 1 Quarter |
| Comprehensive income attributable to the company |
ComprehensiveIncomeNetOfTax
|
$89.00M | USD | 1 Quarter |
| Comprehensive income attributable to the company |
ComprehensiveIncomeNetOfTax
|
$134.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.