Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - PACKAGING CORP OF AMERICA | pkg06302015form8-ker.htm |
| EX-99.1 - EXHIBIT 99.1 - PACKAGING CORP OF AMERICA | pkg06302015exhibit991er.htm |
| EX-99.2 - EXHIBIT 99.2 - PACKAGING CORP OF AMERICA | pkg06302015exhibit992share.htm |
Second Quarter 2015 Supplementary Financial Data July 21, 2015
Certain statements in this supplementary data are forward-looking statements. Forward-looking statements include statements about our future financial condition, our industry and our business strategy. Statements that contain words such as “anticipate”, “believe”, “expect”, “intend”, “estimate”, “hope” or similar expressions, are forward-looking statements. These forward-looking statements are based on the current expectations of PCA. Because forward-looking statements involve inherent risks and uncertainties, the plans, actions and actual results of PCA could differ materially. Among the factors that could cause plans, actions and results to differ materially from PCA’s current expectations are those identified under the caption “Risk Factors” in PCA’s Form 10K filed with the Securities and Exchange Commission and available at the SEC’s website at “www.sec.gov”. We undertake no obligation to publically update any forward-looking statements, whether as a result of new information, future events, or otherwise. Packaging Corporation of America
Certain non-U.S. GAAP financial information is presented on these slides. A reconciliation of those numbers to U.S. GAAP financial measures is included in the schedules attached to our press release. Non-GAAP Financial Measures 3
Second Quarter 2015 Guidance $1.03 Operations – Productivity/Lower Costs .06 Corrugated Products Sales Mix .05 Annual Outage Costs .01 Purchased Pulp Costs .01 Tax Rate .01 Other Items .01 Second Quarter 2015 Actual $ 1.18 EPS Change vs. Prior Guidance (Excluding Special Items) 4
Second Quarter 2014 $1.16 Volume .10 Corrugated Products Sales Mix .02 Energy Costs .07 Chemical Costs .02 Tax Rate .04 White Paper Price/Mix (.10) Labor and Benefit Costs (.05) Export Containerboard Price (.02) Annual Outage Costs (.03) Wood Costs (.02) Other (.01) Second Quarter 2015 $ 1.18 EPS Change – Q2 2015 vs. Q2 2014 (Excluding Special Items) 5
Cash Provided by Operations * $196 Key Cash Uses Capital Expenditures $ (86) Common Stock Dividends (54) Share Repurchases (36) Scheduled Term Loan Payments (2) $ (178) June 30, 2015 Ending Cash $ 164 Supplemental Cash Data ($ Millions) 6 * Net of federal and state tax cash payments of $78 million