Verso Maine Energy S-4 2 Jul 15 Registration of securities issued in business combination transactions Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2015
Document Documentand Entity Information [Abstract]
Document Type	S4
Amendment Flag	false
Document Period End Date	Mar. 31, 2015
Entity Registrant Name	VERSO PAPER HOLDINGS LLC
Entity Central Index Key	1,395,864
Entity Filer Category	Non-accelerated Filer

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 14,000	$ 5,541	$ 11,240
Accounts receivable, net	280,000	87,866	104,624
Inventories	536,000	110,724	137,687
Assets held for sale	0	60,964	50
Prepaid expenses and other assets	30,000	10,812	20,621
Total current assets	860,000	275,907	274,222
Property, plant, and equipment, net	2,053,000	530,537	742,946
Intangibles and other assets, net	138,000	94,497	104,760
Total assets	3,051,000	900,941	1,121,928
Current liabilities:
Accounts payable	206,000	62,814	88,412
Accrued liabilities	243,000	205,513	122,435
Current maturities of long-term debt	13,000	30,000	13,310
Liabilities related to assets held for sale	0	2,198	0
Total current liabilities	462,000	300,525	224,157
Long-term debt	2,810,000	1,320,211	1,258,472
Other liabilities	585,000	60,522	50,425
Total liabilities	3,857,000	1,681,258	1,533,054
Commitments and contingencies	0	0	0
Equity:
Paid-in-capital	330,000	233,962	231,489
Retained deficit	(1,109,000)	(987,162)	(631,180)
Accumulated other comprehensive loss	(27,000)	(27,117)	(11,435)
Total deficit	(806,000)	(780,317)	(411,126)
Total liabilities and equity	$ 3,051,000	$ 900,941	$ 1,121,928

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement Consolidated Statements Of Operations [Abstract]
Net sales	$ 806,000	$ 299,000	$ 1,296,613	$ 1,388,899	$ 1,474,612
Costs and expenses:
Cost of products sold - (exclusive of depreciation, amortization, and depletion)	728,000	302,000	1,176,002	1,179,085	1,272,630
Depreciation, amortization, and depletion	57,000	26,000	90,897	104,730	118,178
Selling, general, and administrative expenses	55,000	18,000	69,945	73,777	74,364
Restructuring charges	22,000		134,486	1,378	102,404
Total operating expenses	862,000	346,000	1,471,330	1,358,970	1,567,576
Other operating income			0	(3,971)	(60,594)
Operating (loss) income	(56,000)	(47,000)	(174,717)	33,900	(32,370)
Interest income			(1,517)	(1,539)	(1,523)
Interest expense	66,000	34,000	143,846	138,626	127,943
Other loss, net	0	10,000	38,898	7,965	7,380
Net loss	$ (122,000)	$ (91,000)	$ (355,944)	$ (111,152)	$ (166,170)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net loss	$ (122,000)	$ (91,000)	$ (355,944)	$ (111,152)	$ (166,170)
Derivative financial instruments:
Effective portion of net unrealized losses			0	0	(1,365)
Reclassification of accumulated other comprehensive loss to net loss			0	335	5,856
Defined benefit pension plan:
Pension liability adjustment			(17,045)	11,221	(4,185)
Amortization of net loss and prior service cost	0	0	1,363	2,282	2,960
Other			0	0	119
Other comprehensive (loss) income	0	0	(15,682)	13,838	3,385
Comprehensive loss	$ (122,000)	$ (91,000)	$ (371,626)	$ (97,314)	$ (162,785)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' AND MEMBER'S EQUITY - USD ($) $ in Thousands	Total	Paid-in Capital	Retained Deficit	Accumulated Other Comprehensive Income (Loss)
Member's Equity Beginning of Period at Dec. 31, 2011	$ (61,184)	$ 321,110	$ (353,636)	$ (28,658)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash distributions	(82)		(82)
Contribution from parent (Return of capital)	776	776
Net loss	(166,170)		(166,170)
Other comprehensive income (loss)	3,385			3,385
Equity award expense	2,676	2,676
Member's Equity End of Period at Dec. 31, 2012	(220,599)	324,562	(519,888)	(25,273)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash distributions	(140)		(140)
Contribution from parent (Return of capital)	(94,878)	(94,878)
Net loss	(111,152)		(111,152)
Other comprehensive income (loss)	13,838			13,838
Equity award expense	1,805	1,805
Member's Equity End of Period at Dec. 31, 2013	(411,126)	231,489	(631,180)	(11,435)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(91,000)		(91,000)
Other comprehensive income (loss)	0			0
Equity award expense	0	0
Member's Equity End of Period at Mar. 31, 2014	(502,000)	231,000	(722,000)	(11,000)
Member's Equity Beginning of Period at Dec. 31, 2013	(411,126)	231,489	(631,180)	(11,435)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash distributions	(38)		(38)
Contribution from parent (Return of capital)	717	717
Net loss	(355,944)		(355,944)
Other comprehensive income (loss)	(15,682)			(15,682)
Equity award expense	1,756	1,756
Member's Equity End of Period at Dec. 31, 2014	(780,317)	233,962	(987,162)	(27,117)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Contribution from parent (Return of capital)	95,000	95,000
Net loss	(122,000)		(122,000)
Other comprehensive income (loss)	0			0
Equity award expense	1,000	1,000
Member's Equity End of Period at Mar. 31, 2015	$ (806,000)	$ 330,000	$ (1,109,000)	$ (27,000)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash Flows From Operating Activities:
Net loss	$ (122,000)	$ (91,000)	$ (355,944)	$ (111,152)	$ (166,170)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, amortization, and depletion			90,897	104,730	118,178
Non-cash restructuring charges			102,604	0	73,683
Loss on early extinguishment of debt, net			0	0	8,244
Amortization of debt issuance costs	1,000	1,000	8,078	5,368	4,957
Accretion of discount on long-term debt			638	572	1,421
Equity award expense			1,756	1,805	2,676
Gain on disposal of assets			(59)	(4,021)	(45,742)
Trademark impairment			6,300	1,600	3,693
Other, net			2,030	(792)	(4,992)
Changes in assets and liabilities:
Accounts receivable			16,757	(3,610)	27,199
Inventories			17,213	(6,176)	28,269
Prepaid expenses and other assets			(15,470)	5,177	(8,969)
Accounts payable			(21,752)	(8,059)	(18,719)
Accrued liabilities			88,609	(12,904)	(12,426)
Net cash (used in) provided by operating activities	(204,000)	(96,000)	(58,343)	(27,462)	11,302
Cash Flows From Investing Activities:
Proceeds from insurance settlement			0	0	51,003
Proceeds from sale of assets	51,000	0	809	28,397	1,731
Transfers from (to) restricted cash, net	2,000	2,000	844	(1,492)	106
Capital expenditures	(9,000)	(16,000)	(41,963)	(40,660)	(59,909)
Other investing activities	0	5,000	15,020	0	0
Acquisition, net of cash acquired	(128,000)	0
Acquisition of investment securities	5,000	0
Net cash used in investing activities	167,000	(9,000)	(25,290)	(13,755)	(7,069)
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities	317,000	135,000	433,449	145,000	112,500
Payments on revolving credit facilities	(272,000)	(37,000)	(340,449)	(145,000)	(112,500)
Proceeds from long-term debt			0	0	341,191
Debt issuance costs			(2,435)	(220)	(24,459)
Repayments of long-term debt			(13,310)	0	(354,984)
Return of capital			0	(8,653)	0
Contribution from parent			717	0	776
Cash distributions			(38)	(140)	(82)
Net cash provided by (used in) financing activities	45,000	98,000	77,934	(9,013)	(37,558)
Change in cash and cash equivalents	8,000	(7,000)	(5,699)	(50,230)	(33,325)
Cash and cash equivalents at beginning of period	5,541	11,240	11,240	61,470	94,795
Cash and cash equivalents at end of period	14,000	4,000	5,541	11,240	61,470
Non-cash investing and financing activities:
Total interest paid	85,000	66,000	118,220	130,830	$ 114,849
Notes issued for New page acquisition	663,000	0
Stock issued for New page acquisition	46,000	0
Stock issued for convertible warrants	50,000	0
Conversion of accrued interest to long-term debt	19,000	0
Reduction in long-term debt for debt modification	5,000	0
Increase in long-term debt from aid-in-kind Interest	1,000	0
Capital expenditures on account	$ 0	$ 5,000	$ 1,200	$ 11,500

BACKGROUND AND BASIS OF PRESENT

BACKGROUND AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BACKGROUND AND BASIS OF PRESENTATION	BACKGROUND AND BASIS OF PRESENTATION The accompanying condensed consolidated financial statements for Verso Paper Holdings LLC, a Delaware limited liability company, or “Verso Holdings,” include the accounts of Verso Holdings and its subsidiaries. Verso Paper Finance Holdings LLC, or “Verso Finance,” is our sole member and direct parent. As used in this report, the term “Verso” refers to Verso Corporation; the term “NewPage” refers to NewPage Holdings Inc., a Delaware corporation, which is an indirect, wholly owned subsidiary of Verso pursuant to the Merger Agreement (see below); the term “NewPage Corp” refers to NewPage Corporation, a Delaware corporation, which is an indirect, wholly owned subsidiary of NewPage; and the term for any such entity includes its direct and indirect subsidiaries when referring to the entity’s consolidated financial condition or results. Unless otherwise noted, references to “Verso Holdings,” “Company,” “we,” “us,” and “our” refer to Verso Holdings. On January 3, 2014, Verso, Verso Merger Sub Inc., a Delaware corporation and an indirect, wholly owned subsidiary of Verso, or “Merger Sub,” and NewPage entered into an Agreement and Plan of Merger, or the “Merger Agreement,” pursuant to which the parties agreed to merge Merger Sub with and into NewPage on the terms and subject to the conditions set forth in the Merger Agreement, with NewPage surviving the merger as an indirect, wholly owned subsidiary of Verso. On January 7, 2015, Verso consummated the previously announced acquisition of NewPage through the merger of Merger Sub with and into NewPage, or the “NewPage acquisition,” pursuant to the Merger Agreement. As a result of the merger of Merger Sub with and into NewPage, Merger Sub’s separate corporate existence ceased and NewPage continued as the surviving corporation and an indirect, wholly owned subsidiary of Verso (see Note 4). As the NewPage acquisition was consummated in the current reporting period, the unaudited condensed consolidated financial statements for the quarter ended March 31, 2015, includes the results of operations of NewPage beginning January 7, 2015. We have also elected to change our reporting increment from thousands to millions. We operate in the following two market segments: paper and pulp (see Note 14). Our core business platform is as a producer of coated freesheet and coated groundwood papers. Our products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications such as high-end advertising brochures, annual reports, and direct-mail advertising. We have historically relied primarily upon cash flow from operations and borrowings under our revolving credit facilities to finance operations, capital expenditures, and debt service requirements. We are a highly leveraged company. As of March 31, 2015 , we had $2,800 million in borrowings outstanding under our existing financing arrangements, including the revolving credit facility and the floating rate senior secured term loan issued by NewPage Corp. Also as of March 31, 2015 , $35 million was available for future borrowings under the Verso Holdings revolving credit facilities, and $155 million was available for future borrowings under the NewPage Corp revolving credit facility (see Note 6). Our debt arrangements contain financial and other restrictive covenants that limit our ability to engage in activities that may be in our long-term best interests. Failure to comply with those covenants could result in an event of default which, if not cured or waived, could result in the acceleration of all of our debts. If we are unable to repay our indebtedness when due or declared due, our lenders also will have the right to proceed against the collateral pledged to them to secure the indebtedness. Our indebtedness requires us to dedicate a substantial portion of our cash flows from operations to payments for our debt service, thereby reducing the availability of our cash flow to fund working capital, capital expenditures, research and development efforts, and other corporate purposes. In addition, our indebtedness increases our vulnerability to adverse economic and industry conditions and places us at a competitive disadvantage compared to competitors that have less debt. Our ability to achieve our future projected operating results is largely based on the successful integration of NewPage (see Note 4), the borrowing availability of the combined company, and the synergies and operational cost reduction and earnings enhancement initiatives expected to be achieved from the NewPage acquisition. If the integration of NewPage into our business is not completed within the expected time frame, the synergies and other benefits that we expect to achieve could be materially and adversely affected, and these situations could result in additional transaction costs, loss of revenue or other effects associated with uncertainty about the NewPage acquisition. If we are unable to meet our projected performance targets, our liquidity could be adversely impacted and we may need to seek additional sources of liquidity. Our future performance could adversely affect our ability to raise additional capital to fund our operations, and there is no assurance that financing will be available in a sufficient amount, on acceptable terms, or on a timely basis. Our ability to continue as a going concern is dependent on management’s plans, which are primarily centered on the synergies expected to be achieved from the NewPage acquisition. We have certain significant cash outflow requirements over the next twelve months outside of normal paper mill operations, including our current debt service requirements (see Note 6) and integration costs associated with the NewPage acquisition (see Note 4). While we believe that our future operating results will provide sufficient cash flows to fund our operations, debt service requirements, and capital expenditures, our projected future operating results are subject to material uncertainties, especially those related to our ability to successfully achieve the operational benefits of the NewPage acquisition. We believe that our plans for the integration of NewPage, together with cash flows from operations and available borrowings under our revolving credit facilities, are sufficient to allow us to meet our current and future obligations, pay scheduled principal and interest payments, and provide funds for working capital, capital expenditures, and other needs of the business for at least the next twelve months. However, no assurance can be given that our integration of NewPage will be successful or that we will be able to generate sufficient cash flows from operations or that future borrowings will be available under our revolving credit facilities in an amount sufficient to fund our liquidity needs on a long-term basis. This report contains the unaudited condensed consolidated financial statements of Verso Holdings as of March 31, 2015 , and for the three-month periods ended March 31, 2015 and 2014 . The December 31, 2014 , condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required annually by accounting principles generally accepted in the United States of America, or “GAAP.” In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments that are necessary for the fair presentation of Verso Holdings’ financial condition, results of operations, and cash flows for the interim periods presented. Except as disclosed in the notes to the unaudited condensed consolidated financial statements, such adjustments are of a normal, recurring nature. Variable interest entities for which Verso Holdings is the primary beneficiary are consolidated. Intercompany balances and transactions are eliminated in consolidation. The results of operations and cash flows for the interim periods presented may not necessarily be indicative of full-year results. It is suggested that these financial statements be read in conjunction with the audited consolidated financial statements and notes thereto of Verso Holdings contained in its Annual Report on Form 10-K for the year ended December 31, 2014 .

SUMMARY OF BUSINESS AND SIGNIFI

SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Nature of Business — The accompanying consolidated financial statements for Verso Paper Holdings LLC, a Delaware limited liability company, or “Verso Holdings,” include the accounts of Verso Holdings and its subsidiaries. Verso Paper Finance Holdings LLC, or “Verso Finance,” is our sole member and direct parent. As used in this report, the term “Verso” refers to Verso Corporation; the term “NewPage” refers to NewPage Holdings Inc., a Delaware corporation, which is an indirect, wholly owned subsidiary of Verso pursuant to the Merger Agreement (see below); the term “NewPage Corp” refers to NewPage Corporation, a Delaware corporation, which is an indirect, wholly owned subsidiary of NewPage; and the term for any such entity includes its direct and indirect subsidiaries when referring to the entity’s consolidated financial condition or results. Unless otherwise noted, references to “Verso Holdings,” “Company,” “we,” “us,” and “our” refer to Verso Holdings. We began operations on August 1, 2006, when we acquired the assets and certain liabilities comprising the business of the Coated and Supercalendered Papers Division of International Paper Company, or “International Paper.” We were formed by affiliates of Apollo Global Management, LLC, or “Apollo,” for the purpose of consummating the acquisition from International Paper. Verso went public on May 14, 2008, with an initial public offering, or “IPO,” of 14 million shares of common stock. On January 3, 2014, Verso, Verso Merger Sub Inc., a Delaware corporation and an indirect, wholly owned subsidiary of Verso, or “Merger Sub,” and NewPage Holdings Inc., a Delaware corporation, or “NewPage,” entered into an Agreement and Plan of Merger, or the “Merger Agreement,” pursuant to which the parties agreed to merge Merger Sub with and into NewPage on the terms and subject to the conditions set forth in the Merger Agreement, with NewPage surviving the merger as an indirect, wholly owned subsidiary of Verso Holdings. On January 7, 2015, Verso Holdings consummated the previously announced acquisition of NewPage through the merger of Merger Sub with and into NewPage, or the “NewPage acquisition,” pursuant to the Merger Agreement. As a result of the merger of Merger Sub with and into NewPage, Merger Sub’s separate corporate existence ceased and NewPage continued as the surviving corporation and an indirect, wholly owned subsidiary of Verso Holdings (see Note 21). As the NewPage acquisition was consummated subsequent to our year-end, the consolidated financial statements for the fiscal year ended December 31, 2014, exclude the impact of NewPage’s operations on our business. We operate in the following two market segments: paper and pulp (see Note 19). Our core business platform is as a producer of coated freesheet and coated groundwood papers. Our products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications such as high-end advertising brochures, annual reports, and direct-mail advertising. Basis of Presentation — This report contains the consolidated financial statements of Verso Holdings as of December 31, 2014 and 2013 , and for the years ended December 31, 2014 , 2013 , and 2012 . Variable interest entities for which Verso Holdings is the primary beneficiary are also consolidated. Intercompany balances and transactions are eliminated in consolidation. Liquidity — We have historically relied primarily upon cash flow from operations and borrowings under our revolving credit facilities to finance operations, capital expenditures, and debt service requirements. We are a highly leveraged company. As of December 31, 2014 , we had $1.3 billion in borrowings outstanding under our existing financing arrangements. Also as of December 31, 2014 , $66.9 million was available for future borrowing under our revolving credit facilities. Our debt arrangements contain financial and other restrictive covenants that limit our ability to engage in activities that may be in our long-term best interests. Failure to comply with those covenants could result in an event of default which, if not cured or waived, could result in the acceleration of all of our debts. If we are unable to repay our indebtedness when due or declared due, our lenders also will have the right to proceed against the collateral pledged to them to secure the indebtedness. Our indebtedness requires us to dedicate a substantial portion of our cash flows from operations to payments for our debt service, thereby reducing the availability of our cash flow to fund working capital, capital expenditures, research and development efforts, and other corporate purposes. In addition, our indebtedness increases our vulnerability to adverse economic and industry conditions and places us at a competitive disadvantage compared to competitors that have less debt. Our ability to achieve our future projected operating results is largely based on the successful integration of NewPage (see Note 4) , the borrowing availability of the combined company, and the synergies and operational cost reduction and earnings enhancement initiatives expected to be achieved from the acquisition. If the integration of NewPage into our business is not completed within the expected time frame, the synergies and other benefits that we expect to achieve could be materially and adversely affected, and these situations could result in additional transaction costs, loss of revenue or other effects associated with uncertainty about the acquisition. If we are unable to meet our projected performance targets, our liquidity could be adversely impacted and we may need to seek additional sources of liquidity. Our future performance could adversely affect our ability to raise additional capital to fund our operations, and there is no assurance that financing will be available in a sufficient amount, on acceptable terms, or on a timely basis. Our ability to continue as a going concern is dependent on management’s plans, which are primarily centered on the synergies expected to be achieved from the NewPage acquisition and on the disposition of the Bucksport mill. We have certain significant cash outflow requirements over the next twelve months outside of normal paper mill operations, including our current debt service requirements (See Note 8), costs associated with the Bucksport mill closure (See Note 16), and transaction and integration costs associated with the NewPage acquisition (See Note 4). While we believe that our future operating results will provide sufficient cash flows to fund our operations, debt service requirements, and capital expenditures, our projected future operating results are subject to material uncertainties, especially those related to our ability to successfully capitalize on the operational benefits of the NewPage acquisition. We believe our plans, together with cash flows from operations and available borrowings under our revolving credit facilities, are sufficient to allow us to meet our current and future obligations, pay scheduled principal and interest payments, and provide funds for working capital, capital expenditures, and other needs of the business for at least the next twelve months. However, no assurance can be given that our integration of NewPage will be successful or that we will be able to generate sufficient cash flows from operations or that future borrowings will be available under our revolving credit facilities in an amount sufficient to fund our liquidity needs on a long-term basis. Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, or “GAAP,” requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from these estimates. Revenue Recognition — Sales are recorded net of rebates, allowances, and discounts. Revenue is recognized when the customer takes title and assumes the risks and rewards of ownership, in accordance with Financial Accounting Standards Board, or “FASB,” Accounting Standards Codification, or “ASC,” Topic 605, Revenue Recognition . Revenue is recorded at the time of shipment for terms designated FOB, or “free on board,” shipping point. For sales transactions designated FOB destination, revenue is recorded when the product is delivered to the customer’s site and when title and risk of loss are transferred. Shipping and Handling Costs — Shipping and handling costs, such as freight to customer destinations, are included in Cost of products sold in the accompanying consolidated statements of operations. When the sales price includes charges to customers for shipping and handling, such amounts are included in Net sales. Planned Maintenance Costs — Maintenance costs for major planned maintenance shutdowns in excess of $0.5 million are deferred and then expensed ratably over the period until the next major planned shutdown, since we believe that operations benefit throughout that period from the maintenance work performed. Other maintenance costs are expensed as incurred. Environmental Costs and Obligations — Costs associated with environmental obligations, such as remediation or closure costs, are accrued when such costs are probable and reasonably estimable. Such accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental obligations are discounted to their present value when the timing of expected cash flows are reliably determinable. Equity Compensation — We account for equity awards in accordance with ASC Topic 718, Compensation – Stock Compensation . ASC Topic 718 requires employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at the grant date based on the fair value of the award. We use the straight-line attribution method to recognize share-based compensation over the service period of the award. Income Taxes — We are a limited liability corporation and are not subject to federal income taxes. We account for our state income taxes in accordance with ASC Topic 740. Fair Value of Financial Instruments — The carrying amounts for cash and cash equivalents, restricted cash, accounts receivable, accounts payable and accrued liabilities, and amounts receivable from or due to related parties approximate fair value due to the short maturity of these instruments. We determine the fair value of our debt based on market information and a review of prices and terms available for similar obligations. See also Note 8, Note 10, Note 13, and Note 14 for additional information regarding the fair value of financial instruments. Cash and Cash Equivalents — Cash and cash equivalents can include highly liquid investments with a maturity of three months or less at the date of purchase. Inventories and Replacement Parts and Other Supplies — Inventory includes all costs directly associated with manufacturing products: materials, labor, and manufacturing overhead and are presented at the lower of cost or market. Costs of raw materials, work-in-progress, and finished goods are determined using the first-in, first-out method. Replacement parts and other supplies are stated using the average cost method and are reflected in Inventories and Intangibles and other assets on the consolidated balance sheet (see also Note 3 and Note 6). Property, Plant, and Equipment — Property, plant, and equipment is stated at cost, net of accumulated depreciation. Interest is capitalized on projects meeting certain criteria and is included in the cost of the assets. The capitalized interest is depreciated over the same useful lives as the related assets. Interest costs of $1.9 million and $1.3 million were capitalized, respectively, in 2014 and 2013 . Expenditures for major repairs and improvements are capitalized, whereas normal repairs and maintenance are expensed as incurred. Depreciation and amortization are computed using the straight-line method for all assets over the assets’ estimated useful lives. Estimated useful lives are as follows: Years Building 20 - 40 Machinery and equipment 10 - 20 Furniture and office equipment 3 - 10 Computer hardware and software 3 - 6 Leasehold improvements Over the shorter of the lease term or the useful life of the improvements Intangible Assets — We account for intangible assets in accordance with ASC Topic 350, Intangibles – Goodwill and Other . Intangible assets primarily consist of trademarks, customer-related intangible assets, and patents obtained through business acquisitions. The useful lives of trademarks were determined to be indefinite and, therefore, these assets are not amortized. Customer-related intangible assets are amortized over their estimated useful lives of approximately twenty-five years . Patents are amortized over their remaining legal lives of ten years . The impairment evaluation of the carrying amount of intangible assets with indefinite lives is conducted annually or more frequently if events or changes in circumstances indicate that an asset might be impaired. Trademarks are evaluated by comparing their fair value to their carrying values. In the third quarter of 2014, we determined that sufficient indicators of a potential impairment of our trademarks existed and we performed an interim analysis of our trademarks for impairment. As a result of our analysis, we determined that the carrying value of our trademarks exceeded their fair value, which was determined using a level 3 fair value measurement. This fair value determination was made using the income approach, which required us to estimate unobservable factors such as a royalty rate and discount rate and identify relevant projected revenue. We recognized an impairment charge of $6.3 million based on a projected reduction of revenues driven primarily by a decline in U.S. demand. In 2013, we also determined that the carrying value of our trademarks exceeded their fair value, and recognized an impairment charge of $1.6 million based on a projection of reduced revenues driven primarily by a decline in U.S. demand. The trademark impairment charges are included in Cost of products sold in our consolidated statement of operations for the years ended December 31, 2014 and 2013. During 2012, based on a projected reduction of revenues primarily as a result of a reduction in production capacity from the closure of the Sartell mill, we recognized a trademarks impairment charge of $3.7 million , which was included in Restructuring charges in our accompanying consolidated statement of operations for the year ended December 31, 2012. Impairment of Long-Lived Assets — Long-lived assets are reviewed for impairment upon the occurrence of events or changes in circumstances that indicate that the carrying value of the assets may not be recoverable, as measured by comparing their net book value to the estimated undiscounted future cash flows generated by their use. Impaired assets are recorded at estimated fair value, determined principally using discounted cash flows. In 2014, based on our plans to dispose of certain assets held by the legal entities that comprise the Bucksport mill (Verso Bucksport LLC and Verso Bucksport Power LLC), we recorded a fixed asset impairment charge of $88.7 million , as the carrying value of the assets held for sale were in excess of the fair value less the cost to sell. The fair value was determined based on the December 5, 2014 membership purchase agreement for the sale of the Bucksport mill. The impairment charge is included in Restructuring charges (see also Note 16) in our accompanying consolidated statements of operations. In 2012, based on a comprehensive assessment of the damage resulting from the fire and explosion at our former paper mill in Sartell, Minnesota, we recorded a fixed asset impairment charge of $66.5 million , which was included in Restructuring charges (see also Note 16) in our accompanying consolidated statements of operations. The impairment charge was calculated based on the excess of carrying value over the estimated fair value of the site, which was estimated based on preliminary negotiations with potential buyers received subsequent to our decision to shut down the mill. Allowance for Doubtful Accounts — We maintain an allowance for doubtful accounts for estimated losses resulting from the inability of customers to make required payments. We manage credit risk related to our trade accounts receivable by continually monitoring the creditworthiness of our customers to whom credit is granted in the normal course of business. Trade accounts receivable balances for sales to unaffiliated customers were approximately $84.0 million at December 31, 2014 , compared to $100.7 million at December 31, 2013 . As of December 31, 2014 , our two largest customers accounted for approximately 27% of our accounts receivable. We establish our allowance for doubtful accounts based upon factors surrounding the credit risks of specific customers, historical trends, and other information. Based on this assessment, an allowance is maintained that represents what is believed to be ultimately uncollectible from such customers. The allowance for doubtful accounts was approximately $0.6 million at December 31, 2014 , compared to $0.7 million at December 31, 2013 . Bad debt expense was $(0.1) million for the year ended December 31, 2014 , compared to $0.3 million for the year ended December 31, 2013 , and $0.1 million for the year ended December 31, 2012 . Deferred Financing Costs — We capitalize costs incurred in connection with borrowings or establishment of credit facilities. These costs are amortized as an adjustment to interest expense over the life of the borrowing or life of the credit facilities using the effective interest method. In the case of early debt principal repayments, we adjust the carrying value of the corresponding deferred financing costs with a charge to interest expense, and similarly adjust the future amortization expense. Asset Retirement Obligations — In accordance with ASC Topic 410, Asset Retirement and Environmental Obligations , a liability and an asset are recorded equal to the present value of the estimated costs associated with the retirement of long-lived assets where a legal or contractual obligation exists. The liability is accreted over time, and the asset is depreciated over its useful life. Our asset retirement obligations under this standard relate to closure and post-closure costs for landfills. Revisions to the liability could occur due to changes in the estimated costs or timing of closure or possible new federal or state regulations affecting the closure. As of December 31, 2014 and 2013 , we had $0.8 million of restricted cash included in Intangibles and other assets in the accompanying consolidated balance sheet related to an asset retirement obligation in the state of Michigan. This cash deposit is required by the state and may only be used for the future closure of a landfill. The following table presents an analysis related to our asset retirement obligations included in Other liabilities and Accrued liabilities in the accompanying consolidated balance sheets: Year Ended December 31, (Dollars in thousands) 2014 2013 Asset retirement obligations, January 1 $ 13,194 $ 11,854 Adjustment to existing liabilities (3,733 ) (190 ) Liabilities related to assets held for sale (1,914 ) — Accretion expense 683 887 Settlement of existing liabilities (262 ) (903 ) Liabilities incurred — 1,546 Asset retirement obligations 7,968 13,194 Less: Current portion (453 ) (486 ) Non-current portion of asset retirement obligations, December 31 $ 7,515 $ 12,708 In addition to the above obligations, we may be required to remove certain materials from our facilities or to remediate them in accordance with current regulations that govern the handling of certain hazardous or potentially hazardous materials. At this time, any such obligations have an indeterminate settlement date, and we believe that adequate information does not exist to reasonably estimate any such potential obligations. Accordingly, we will record a liability for such remediation when sufficient information becomes available to estimate the obligation. Derivative Financial Instruments — Derivative financial instruments are recognized as assets or liabilities in the financial statements and measured at fair value. The effective portion of the changes in the fair value of derivative financial instruments that qualify and are designated as cash flow hedges are recorded in Accumulated other comprehensive loss. Changes in the fair value of derivative financial instruments that are entered into as economic hedges are recognized in current earnings. We use derivative financial instruments to manage our exposure to energy prices and interest rate risk. Effective April 1, 2012, management elected to de-designate the remaining energy swaps that had previously been designated as cash flow hedges and to discontinue hedge accounting prospectively. Pension Benefits — Pension plans cover substantially all of our employees. The defined benefit plans are funded in conformity with the funding requirements of applicable government regulations. Prior service costs are amortized on a straight-line basis over the estimated remaining service periods of employees. Certain employees are covered by defined contribution plans. Our contributions to these plans are based on a percentage of employees’ compensation or employees’ contributions. These plans are funded on a current basis. Accumulated Other Comprehensive Income (Loss) — The following table summarizes the changes in Accumulated other comprehensive income (loss) by balance type for the years ended December 31, 2014 and 2013 : (Dollars in thousands) Losses on Derivative Financial Instruments Defined Benefit Pension Items Total Accumulated other comprehensive loss as of December 31, 2012 $ (335 ) $ (24,938 ) $ (25,273 ) Amounts reclassified from Accumulated other comprehensive income to Cost of products sold 335 2,282 2,617 Pension liability adjustment — 11,221 11,221 Net decrease in other comprehensive loss 335 13,503 13,838 Accumulated other comprehensive loss as of December 31, 2013 — (11,435 ) (11,435 ) Amounts reclassified from Accumulated other comprehensive income to Cost of products sold — 1,363 1,363 Pension liability adjustment — (17,045 ) (17,045 ) Net decrease in other comprehensive loss — (15,682 ) (15,682 ) Accumulated other comprehensive loss as of December 31, 2014 $ — $ (27,117 ) $ (27,117 )

RECENT ACCOUNTING DEVELOPMENTS

RECENT ACCOUNTING DEVELOPMENTS	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENT ACCOUNTING DEVELOPMENTS	RECENT ACCOUNTING DEVELOPMENTS ASC Topic 205, Presentation of Financial Statements and ASC Topic 360, Property, Plant, and Equipment. In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity , which changes the criteria for determining which disposals can be presented as discontinued operations and modifies the related disclosure requirements. This guidance should be applied prospectively to new disposals and new classifications of disposal groups as held for sale after the effective date which is fiscal years beginning on or after December 15, 2014, and interim periods within those annual periods. The adoption of this amendment in the first quarter of 2015, did not have a material impact on the presentation of our condensed consolidated financial statements. ASC Topic 605, Revenue Recognition. In May 2014, the FASB issued ASU 2014-09, Revenue From Contracts With Customers. This ASU will replace all current GAAP guidance on this topic and eliminate all industry-specific guidance. The new revenue recognition standard provides a unified model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. This guidance will be effective for periods beginning after December 15, 2016 and can be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. We are evaluating the impact of adopting this new accounting standard on our condensed consolidated financial statements. ASC Topic 205, Presentation of Financial Statements-Going Concern. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern. This ASU provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. The ASU is effective for periods beginning after December 15, 2016. We are evaluating the impact of adopting this new accounting standard on our condensed consolidated financial statements. ASC Topic 835, Interest. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. This ASU changes the presentation of debt issuance costs in financial statements. Under the ASU, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. The ASU is effective for periods beginning after December 15, 2015. We are evaluating the impact of adopting this new accounting standard on our condensed consolidated financial statements. Other new accounting pronouncements issued but not effective until after March 31, 2015 , are not expected to have a significant effect on our condensed consolidated financial statements.	RECENT ACCOUNTING DEVELOPMENTS ASC Topic 405, Obligations from Joint and Several Liability Arrangements. In February 2013, the FASB issued Accounting Standards Update, or “ASU,” 2013-04, Liabilities (Topic 405), Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation is Fixed at the Reporting Date. This ASU defines how entities measure obligations from joint and several liability arrangements which are fixed at the reporting date and for which no U.S. GAAP guidance exists. The guidance also requires entities to disclose the nature, amount and other information about those obligations. The ASU is effective for periods beginning after December 15, 2013. Retrospective presentation for all comparative periods presented is required. The adoption of this amendment in the first quarter of 2014, did not have a material impact on the presentation of our consolidated financial statements. ASC Topic 205, Presentation of Financial Statements and ASC Topic 360, Property, Plant, and Equipment. In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity , which changes the criteria for determining which disposals can be presented as discontinued operations and modifies the related disclosure requirements. This guidance should be applied prospectively to new disposals and new classifications of disposal groups as held for sale after the effective date which is fiscal years beginning on or after December 15, 2014, and interim periods within those annual periods. ASC Topic 605, Revenue Recognition. In May 2014, the FASB issued ASU 2014-09, Revenue From Contracts With Customers. This ASU will replace all current U.S. GAAP guidance on this topic and eliminate all industry-specific guidance. The new revenue recognition standard provides a unified model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. This guidance will be effective for periods beginning after December 15, 2016 and can be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. We are evaluating the impact of adopting this new accounting standard on our consolidated financial statements. ASC Topic 205, Presentation of Financial Statements-Going Concern. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern. This ASU provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. The ASU is effective for periods beginning after December 15, 2016. The adoption of this standard is not expected to have a material impact on the presentation of our consolidated financial statements. Other new accounting pronouncements issued but not effective until after December 31, 2014 , are not expected to have a significant effect on our consolidated financial statements.

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES December 31, (Dollars in thousands) 2014 2013 Raw materials $ 13,337 $ 25,843 Woodyard logs 5,779 6,602 Work-in-process 9,274 14,738 Finished goods 62,477 60,919 Replacement parts and other supplies 19,857 29,585 Inventories $ 110,724 $ 137,687 Amounts presented in the consolidated balance sheets and the table above are adjusted for valuation allowances.

SUPPLEMENTAL FINANCIAL STATEMEN

SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION	SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION Inventories and Replacement Parts and Other Supplies — Inventory values include all costs directly associated with manufacturing products: materials, labor, and manufacturing overhead. These values are presented at the lower of cost or market. Costs of raw materials, woodyard logs, work-in-progress, and finished goods are determined using the first-in, first-out method. Replacement parts and other supplies are stated using the average cost method and are reflected in Inventories and Intangibles and other assets on the accompanying condensed consolidated balance sheets (see Note 5 ). The following table summarizes our inventories by major category: March 31, December 31, (Dollars in millions) 2015 2014 Raw materials $ 110 $ 13 Woodyard logs 11 6 Work-in-process 66 9 Finished goods 271 62 Replacement parts and other supplies 78 20 Inventories $ 536 $ 110 Asset Retirement Obligations — In accordance with ASC Topic 410, Asset Retirement and Environmental Obligations , a liability and an asset are recorded equal to the present value of the estimated costs associated with the retirement of long-lived assets where a legal or contractual obligation exists. The liability is accreted over time, and the asset is depreciated over its useful life. Our asset retirement obligations under this standard relate primarily to closure and post-closure costs for landfills. Revisions to the liability could occur due to changes in the estimated costs or timing of closure or possible new federal or state regulations affecting the closure. The increase in the liability for the three months ended March 31, 2015 , was primarily attributable to the assumption of the asset retirement obligation liabilities associated with landfills acquired in connection with the NewPage acquisition. On March 31, 2015 , and December 31, 2014 , we had $1 million of restricted cash included in Intangibles and other assets in the accompanying condensed consolidated balance sheet related to an asset retirement obligations in the state of Michigan. These cash deposits are required by the state and may only be used for the future closure of a landfill. The following table presents an analysis related to our asset retirement obligations which are included in Other liabilities in the accompanying condensed consolidated balance sheets: Three Months Ended March 31, (Dollars in millions) 2015 2014 Asset retirement obligations, January 1 $ 8 $ 13 Liabilities assumed 9 — Adjustment to existing liabilities — (3 ) Asset retirement obligations 17 10 Less: Current portion (2 ) (1 ) Non-current portion of asset retirement obligations, March 31 $ 15 $ 9 In addition to the above obligations, we may be required to remove certain materials from our facilities or to remediate them in accordance with current regulations that govern the handling of certain hazardous or potentially hazardous materials. At this time, any such obligations have an indeterminate settlement date, and we believe that adequate information does not exist to reasonably estimate any such potential obligations. Accordingly, we will record a liability for such remediation when sufficient information becomes available to estimate the obligation. Property, Plant, and Equipment — Property, plant, and equipment is stated at cost, net of accumulated depreciation. Interest is capitalized on projects meeting certain criteria and is included in the cost of the assets. The capitalized interest is depreciated over the same useful lives as the related assets. Expenditures for major repairs and improvements are capitalized, whereas normal repairs and maintenance are expensed as incurred. Interest costs capitalized for the three months ended March 31, 2015 were not material. $1 million of interest costs were capitalized for the three months ended March 31, 2014 . Depreciation is computed using the straight-line method over the assets’ estimated useful lives. Depreciation expense was $55 million and $26 million for the three-month periods ended March 31, 2015 and 2014 , respectively.

ACQUISITIONS AND DISPOSITIONS

ACQUISITIONS AND DISPOSITIONS	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Acquisitions and Dispositions [Abstract]
ACQUISITIONS AND DISPOSITIONS	ACQUISITIONS AND DISPOSITIONS NewPage Acquisition - On January 3, 2014, Verso, Merger Sub, and NewPage entered into a Merger Agreement pursuant to which the parties agreed to merge Merger Sub with and into NewPage on the terms and subject to the conditions set forth in the Merger Agreement, with NewPage surviving the merger as an indirect, wholly owned subsidiary of Verso Holdings. Verso Holdings has incurred transaction and integration costs during the three months ended March 31, 2015 of $10 million related to the NewPage acquisition which are included in selling, general and administrative expenses in the accompanying condensed consolidated statements of operations. For the three months ended March 31, 2014, Verso Holdings incurred transaction costs of $10 million related to the NewPage acquisition which were included in Other loss, net in the accompanying condensed consolidated statements of operations for the three months ended March 31, 2014. On January 7, 2015, we consummated the NewPage acquisition pursuant to the Merger Agreement. As a result of the merger, NewPage became a direct, wholly owned subsidiary of Verso Holdings. The NewPage acquisition provides Verso Holdings with assets in a complementary geographic area, a broader portfolio of products, and strategic flexibility to reduce operating costs and enhance our financial condition. As consideration for the NewPage acquisition, Verso Holdings issued (a) $650 million aggregate principal amount of New First Lien Notes and (b) 13,607,693 shares of Verso common stock in exchange for all the outstanding shares of common stock of NewPage. Also as of the date that NewPage became an indirect wholly owned subsidiary of Verso, NewPage had an existing $750 million Term Loan Facility and $350 million ABL Facility of which $734 million and $100 million , respectively were outstanding. As a condition of allowing the acquisition to proceed, the Antitrust Division of the U.S. Department of Justice entered into a settlement with Verso and NewPage that required NewPage to divest its paper mills in Biron, Wisconsin, and Rumford, Maine, which occurred prior to the acquisition of NewPage. Accounting consideration for the NewPage acquisition is as follows: (Dollars in millions) 13,607,693 shares Verso common stock valued at January 7, 2015 closing price $ 46 $650 million face value New First Lien Notes valued at January 7, 2015 closing price 663 Accounting Consideration $ 709 The preliminary allocation of the purchase price to the fair values of assets acquired and liabilities assumed in the NewPage acquisition includes necessary adjustments to reflect the estimated fair values of NewPage’s assets and liabilities at the completion of the NewPage acquisition. The preliminary allocation of the purchase price is as follows: (Dollars in millions) Cash $ 128 Current assets, excluding cash 581 Property, plant, and equipment 1,570 Other long-term assets 47 Current liabilities (277 ) Current portion of long-term debt (3 ) Noncurrent pension and other post-retirement benefit obligations (479 ) Other long-term liabilities (58 ) Long-term debt (800 ) Net assets acquired $ 709 The allocation of the purchase price above is considered preliminary and is based on valuation information, estimates and assumptions available on March 31, 2015. Verso Holdings is still in the process of verifying data and finalizing information related to the valuation and expects to finalize these matters within the second half of 2015 as final asset and liability valuations are completed. The preliminary valuations of the acquired assets and assumed liabilities include, but are not limited to, fixed assets, goodwill, other potential intangible assets, debt, and pension obligations. The valuations reflected herein consist of physical appraisals, discounted cash flow analyses, or other appropriate valuation techniques to determine the fair value of the assets acquired and liabilities assumed. We did not identify a material amount of goodwill as a result of the preliminary purchase price allocation. Although management believes that the preliminary purchase price allocation herein is reasonable, there can be no assurance that finalization of such purchase price allocation will not result in material changes from the preliminary purchase price allocation included herein. The operating results of NewPage are included in Verso Holdings’ financial statements from January 7, 2015 through March 31, 2015. The determination of net sales and net loss attributable to the acquired operations during this period and included in Verso’s condensed consolidated statements of operations was not practicable as the operations are integrated with the consolidated operations. The following unaudited pro forma financial information presents results as if the NewPage acquisition and the related financing, further described in Note 6, occurred on January 1, 2014. The historical consolidated financial information of Verso Holdings and NewPage has been adjusted in the pro forma information to give effect to pro forma events that are directly attributable to the transactions and factually supportable. The unaudited pro forma results do not reflect events that have occurred or may occur after the transactions, including the costs of any integration activities or benefits that may result from realization of future cost savings from operating efficiencies, or any revenue, tax, or other synergies expected to result from the NewPage acquisition. Accordingly, the unaudited pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transactions been effected on the assumed date, nor is it necessarily an indication of future operating results. In addition, the NewPage acquisition did not result in a taxable transaction and Verso Holdings has net operating loss carryforwards and a related full valuation allowance that are expected to offset any deferred tax impact of the NewPage acquisition. Further, as the sale of the Bucksport mill was not directly attributable to the NewPage acquisition, no pro forma adjustment for the Bucksport sale has been made. Pro Forma Three Months Ended (Unaudited) March 31, (Dollars in millions, except per share data) 2015 2014 Revenues $ 838 $ 882 Net loss (100 ) (167 ) Earnings per share - basic and diluted $ (1.23 ) $ (2.05 ) Weighted-average shares outstanding - basic and diluted 81,551,070 81,403,403 Sale of Bucksport Mill - On December 5, 2014, two Verso Holdings subsidiaries entered into an agreement to sell their equity interests in two other Verso Holdings subsidiaries that owned the Bucksport mill to AIM Development (USA) LLC, an indirect, wholly owned subsidiary of American Iron & Metal Company Inc., or “AIM.” On January 29, 2015, the Verso parties and AIM consummated the sale of the Bucksport mill and related assets (see Note 11).	ACQUISITIONS AND DISPOSITIONS On January 3, 2014, Verso, Merger Sub, and NewPage entered into a Merger Agreement pursuant to which the parties agreed to merge Merger Sub with and into NewPage on the terms and subject to the conditions set forth in the Merger Agreement, with NewPage surviving the merger and an indirect, wholly owned subsidiary of Verso Holdings. Verso Holdings has incurred transaction costs of $38.9 million related to the NewPage acquisition which are included in Other loss, net in the accompanying consolidated statements of operations for the year ended December 31, 2014 . On January 7, 2015, Verso Holdings consummated the previously announced NewPage acquisition (see Note 21). On December 5, 2014, two Verso Holdings subsidiaries entered into an agreement to sell their equity interests in two other Verso subsidiaries that owned the Bucksport mill to AIM Development (USA) LLC, an indirect, wholly owned subsidiary of American Iron & Metal Company Inc., or “AIM.” At the end of 2014, based on our disposition plans, we recorded asset impairment charges and write-offs of $102.6 million , as the carrying value of the assets held for sale were in excess of the fair value less the costs to sell. The impairment charge is included in Restructuring charges (see also Note 16) in our accompanying consolidated statements of operations. On January 29, 2015, the Verso parties and AIM consummated the Bucksport transaction (see Note 21). In 2013, we closed the sale of substantially all of the assets of Verso Fiber Farm LLC as well as the sale of substantially all of the assets at our former Sartell mill. The related gains on sale were reflected in Other operating income in the accompanying consolidated statements of operations for the year ended December 31, 2013 . In 2012, we reached a final settlement agreement with our insurance provider for property and business losses resulting from a fire at the former Sartell mill. The related gain of $60.6 million was included in Other operating income in the accompanying consolidated statements of operations for the year ended December 31, 2012 , and represents insurance proceeds in excess of fire related costs and property damage. In addition, $51.0 million of proceeds attributable to property, plant, and equipment were reflected in investing activities on our consolidated statement of cash flows for the year ended December 31, 2012 . Assets and liabilities held for sale at December 31, 2014 and 2013, respectively, were comprised of the following: December 31, December 31, (Dollars in thousands) 2014 (1) 2013 (2) Prepaid expenses and other assets $ 1,353 $ — Property, plant, and equipment, net 58,554 — Intangibles and other assets, net 1,057 50 Assets held for sale $ 60,964 $ 50 Asset retirement obligations and other liabilities $ (2,198 ) $ — Liabilities related to assets held for sale $ (2,198 ) $ — (1) Recorded at fair value less cost to sell. (2) Recorded at carrying value as the expected proceeds less costs to sell exceed carrying value.

PROPERTY, PLANT, AND EQUIPMENT

PROPERTY, PLANT, AND EQUIPMENT	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT, AND EQUIPMENT	PROPERTY, PLANT, AND EQUIPMENT Property, plant, and equipment were as follows: December 31, (Dollars in thousands) 2014 2013 Land and land improvements $ 26,358 $ 30,547 Building and leasehold improvements 111,812 154,521 Machinery, equipment, and other 1,082,030 1,301,368 Construction-in-progress 14,401 37,100 Property, plant, and equipment, gross 1,234,601 1,523,536 Accumulated depreciation (704,064 ) (780,590 ) Property, plant, and equipment, net $ 530,537 $ 742,946 Depreciation expense was $90.2 million , $103.9 million , and $117.2 million for the years ended December 31, 2014 , 2013 , and 2012 , respectively. Property, plant, and equipment at December 31, 2014 , and 2013 include $1.2 million and $11.5 million , respectively, of capital expenditures that were unpaid and included in accounts payable and accrued liabilities.

INTANGIBLES AND OTHER ASSETS

INTANGIBLES AND OTHER ASSETS	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLES AND OTHER ASSETS	INTANGIBLES AND OTHER ASSETS The following table summarizes intangibles and other assets: March 31, December 31, (Dollars in millions) 2015 2014 Amortizable intangible assets: Customer relationships, net of accumulated amortization of $9 million on March 31, 2015, and on December 31, 2014 $ 34 $ 4 Unamortizable intangible assets: Trademarks 10 10 Other assets: Financing costs, net of accumulated amortization of $20 million on March 31, 2015, and $19 million on December 31, 2014 22 23 Deferred major repair 17 21 Replacement parts, net 6 3 Loan to affiliate 23 23 Restricted cash 3 3 Other 23 7 Total other assets 94 80 Intangibles and other assets $ 138 $ 94 Amortization expense of intangibles was not material for each of the three-month periods ended March 31, 2015 , and 2014, respectively. The estimated future amortization expense for intangible assets over the next five years is as follows: (Dollars in millions) 2015 $ 2 2016 2 2017 2 2018 2 2019 2	INTANGIBLES AND OTHER ASSETS Intangibles and other assets consist of the following: December 31, (Dollars in thousands) 2014 2013 Amortizable intangible assets: Customer relationships, net of accumulated amortization of $8.8 million on December 31, 2014, and $8.2 million on December 31, 2013 $ 4,520 $ 5,120 Patents, net of accumulated amortization of $0.9 million on December 31, 2014, and on December 31, 2013 181 296 Total amortizable intangible assets 4,701 5,416 Unamortizable intangible assets: Trademarks 9,880 16,180 Other assets: Financing costs, net of accumulated amortization of $18.8 million on December 31, 2014, and $13.6 million on December 31, 2013 23,118 28,761 Deferred major repair 21,118 16,218 Replacement parts, net 2,838 3,465 Loan to affiliate 23,305 23,305 Restricted cash 2,603 4,946 Other 6,934 6,469 Total other assets 79,916 83,164 Intangibles and other assets $ 94,497 $ 104,760 Amortization expense of intangibles was $0.7 million , $0.8 million , and $0.9 million , respectively, for the years ended December 31, 2014 , 2013 , and 2012 . The estimated future amortization expense for intangible assets over the next five years is as follows: (Dollars in thousands) 2015 $ 615 2016 567 2017 400 2018 300 2019 300 When events or circumstances so indicate, we assess the potential impairment of intangibles and other long-lived assets by comparing the expected undiscounted future cash flows to the carrying value of those assets. In the third quarter of 2014, we determined that sufficient indicators of a potential impairment of our trademarks existed and we performed an interim analysis of our trademarks for impairment. As a result of our analysis, we determined that the carrying value of our trademarks exceeded their fair value, which was determined using a level 3 fair value measurement. This fair value determination was made using the income approach, which required us to estimate unobservable factors such as a royalty rate and discount rate and identify relevant projected revenue. We recognized an impairment charge of $6.3 million based on a projected reduction of revenues driven primarily by a decline in U.S. demand. The trademark impairment charge is included in Cost of products sold in our consolidated statement of operations. In performing our annual impairment test, for our trademarks during the fourth quarter of 2013, we determined that the carrying value of our trademarks exceeded their fair value, and recognized an impairment charge of $1.6 million based on a projected reduction of revenues driven primarily by a decline in U.S. demand. The trademark impairment charge is included in Cost of products sold on our accompanying consolidated statement of operations for the year ended December 31, 2013. During the year ended December 31, 2012, we completed a comprehensive assessment of the damage resulting from the fire and explosion at our former paper mill in Sartell, Minnesota, and announced the decision to permanently close the mill. In the third quarter of 2012, as a result of the closure, we performed an interim impairment analysis of our trademarks, which resulted in an impairment charge of $3.4 million , based on a projected reduction of revenues primarily as a result of a reduction in production capacity. Then, in performing our annual impairment test, we determined that the carrying value of our trademarks exceeded their fair value, and recognized an additional $0.3 million of impairment charge. The trademarks impairment charge is included in Restructuring charges in our accompanying consolidated statement of operations for the year ended December 31, 2012 (see also Note 16).

ACCRUED LIABILITIES

ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
ACCRUED LIABILITIES	ACCRUED LIABILITIES A summary of accrued liabilities is as follows: December 31, (Dollars in thousands) 2014 2013 Accrued interest $ 77,787 $ 58,977 Payroll and employee benefit costs 43,364 40,054 Accrued transaction costs 25,298 — Restructuring costs 24,181 — Accrued sales rebates 11,854 11,573 Derivatives 6,268 4,959 Accrued taxes - other than income 1,455 1,431 Freight and other 15,306 5,441 Accrued liabilities $ 205,513 $ 122,435

DEBT

DEBT	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
DEBT	DEBT A summary of debt is as follows: March 31, 2015 December 31, 2014 Original Interest Par Par (Dollars in millions) Maturity Rate Balance Value Balance Value Verso Holdings Verso Androscoggin Power LLC Revolving 2/6/2015 — % $ — $ — $ 30 $ 30 Revolving Credit Facilities 5/4/2017 4.00 % 94 94 63 63 11.75% Senior Secured Notes - 2012 1/15/2019 11.75 % 424 418 424 418 11.75% Senior Secured Notes - 2015 1/15/2019 11.75 % 658 645 — — 11.75% Secured Notes 1/15/2019 11.75 % 272 272 272 272 13% Second Priority Senior Secured Notes 8/1/2020 13.00 % 277 178 299 299 16% Senior Subordinated Notes 8/1/2020 16.00 % 89 63 102 102 8.75% Second Priority Senior Secured Notes 2/1/2019 8.75 % 96 97 96 97 11.38% Senior Subordinated Notes 8/1/2016 11.38 % 41 41 41 41 Chase NMTC Verso Investment Fund LLC Loan from Verso Finance 12/29/2040 6.50 % 23 23 23 23 NewPage Corp Revolving Credit Facility 2/11/2019 2.82 % 145 145 — — Floating Rate Senior Secured Term Loan 2/11/2021 9.50 % 704 734 — — Total debt for Verso Holdings $ 2,823 $ 2,710 $ 1,350 $ 1,345 Less current maturities of long-term debt (13 ) (13 ) (30 ) (30 ) Total long-term debt for Verso Holdings $ 2,810 $ 2,697 $ 1,320 $ 1,315 We determine the fair value of our long-term debt based on market information and a review of prices and terms available for similar obligations. Our debt is classified as Level 2 within the fair value hierarchy (see Note 9). As of March 31, 2015 , the the fair value of Verso Holdings’ total debt was $2,421 million . As of December 31, 2014 , the fair value of Verso Holdings’ total debt was $1,082 million . Amounts included in interest expense related to long-term debt and amounts of cash interest payments on long-term debt are as follows: Three Months Ended March 31, (Dollars in millions) 2015 2014 Interest expense $ 65 $ 34 Cash interest paid 85 66 Debt issuance cost amortization (1) 1 1 (1) Amortization of debt issuance cost is included in interest expense. Verso Holdings Revolving Credit Facilities. Verso Holdings’ $150 million asset-based loan facility, or “ABL Facility,” had $47 million outstanding, $39 million in letters of credit issued, and $32 million available for future borrowing as of March 31, 2015 . Verso Holdings’ $50 million cash-flow facility, or “Cash Flow Facility,” had $47 million outstanding balance, no letters of credit issued, and $3 million available for future borrowing as of March 31, 2015 . The indebtedness under the revolving credit facilities bears interest at a floating rate based on a margin over a base rate or eurocurrency rate. As of March 31, 2015 , the weighted-average interest rate on outstanding advances was 4.00% . Verso Holdings is required to pay a commitment fee to the lenders in respect of the unutilized commitments under the revolving credit facilities and other customary fees. The indebtedness under the ABL Facility and related guarantees are secured by first-priority security interests, subject to permitted liens, in substantially all of Verso Holdings’, Verso Finance’s, and the subsidiary guarantors’ (excluding, among other subsidiaries, NewPage Investment Company and its subsidiaries) inventory and accounts receivable, or “Verso ABL Priority Collateral,” and second-priority security interests, subject to permitted liens, in substantially all of their other assets, or “Notes Priority Collateral.” The indebtedness under the Cash Flow Facility and related guarantees are secured, pari passu with the 11.75% Senior Secured Notes due 2019 and related guarantees, by first-priority security interests in the Notes Priority Collateral and second-priority security interests in the Verso ABL Priority Collateral. The revolving credit facilities will mature on May 4, 2017 . On January 3, 2014, Verso Holdings entered into certain amendments to the revolving credit facilities in connection with the NewPage acquisition, in which (a) the lenders under each of our revolving credit facilities consented to the NewPage acquisition and the other transactions contemplated by the Merger Agreement, including the incurrence of certain additional indebtedness, (b) the lenders consented to amendments to allow the sale and/or financing of certain non-core assets and (c) the parties agreed to amend our revolving credit facilities to allow for certain other transactions upon the consummation of the NewPage acquisition and the other transactions contemplated by the Merger Agreement. 11.75% Senior Secured Notes due 2019. In 2012, Verso Holdings issued $345 million aggregate principal amount of 11.75% Senior Secured Notes due 2019 , or the “2012 First Lien Notes.” The notes bear interest, payable semi-annually, at the rate of 11.75% per year. The notes are guaranteed jointly and severally on a senior secured basis, by each of Verso Holdings’ existing domestic subsidiaries that guarantee its senior secured credit facility and by each of its future domestic subsidiaries that guarantees certain of its debt or issues disqualified stock. The indebtedness under the notes and related guarantees are secured, pari passu with the Cash Flow Facility and related guarantees, by first-priority security interests in the Notes Priority Collateral and second-priority security interests in the Verso ABL Priority Collateral. The notes will mature on January 15, 2019 . On January 7, 2015, in connection with the consummation of the NewPage acquisition, Verso Holdings issued $650 million aggregate principal amount of 11.75% Senior Secured Notes due 2019, or the “2015 First Lien Notes,” to the stockholders of NewPage as partial consideration in the NewPage acquisition. The 2015 First Lien Notes were issued pursuant to an indenture, or the “2015 First Lien Notes Indenture,” among Verso Holdings, certain subsidiaries of Verso Holdings, as guarantors, and Wilmington Trust, National Association, as trustee. The 2015 First Lien Notes bear interest, payable semi-annually, at the rate of 11.75% per year. The 2015 First Lien Notes are guaranteed, jointly and severally, on a senior secured basis, by each of Verso Holdings’ existing domestic subsidiaries that guarantees its senior secured credit facility and by each of its future domestic subsidiaries that guarantees certain of its debt or issues disqualified stock (including NewPage Holdings Inc., but not guaranteed by any of its subsidiaries). The 2015 First Lien Notes and the related guarantees are secured by first-priority liens in the collateral owned by Verso Holdings and the guarantor, subject to certain permitted liens and exceptions as further described in the 2015 First Lien Notes Indenture and the related security documents. The collateral consists of substantially all of Verso Holdings’ and the guarantors’ tangible and intangible assets securing Verso Holdings’ existing senior secured credit facility, which exclude certain capital stock and other securities of its affiliates and other property. The 2015 First Lien Notes will mature on January 15, 2019 . 13% Second Priority Senior Secured Notes due 2020. On July 2, 2014, the Issuers commenced an offer to exchange any and all of the Issuers’ outstanding 8.75% Second Priority Senior Secured Notes due 2019, or “Old Second Lien Notes,” for their Second Priority Adjustable Senior Secured Notes, or “Adjustable Second Lien Notes,” and warrants issued by Verso that were mandatorily convertible on a one-for-one basis into shares of Verso’s common stock immediately prior to the NewPage acquisition, or “Warrants” (we refer to this exchange offer as the “Second Lien Notes Exchange Offer”). On August 1, 2014, approximately $299 million aggregate principal amount of Old Second Lien Notes were tendered and accepted in exchange for a like amount of Adjustable Second Lien Notes and approximately 9.3 million Warrants in the Second Lien Notes Exchange Offer. The Warrants had no fair value at the date of the closing of the Second Lien Notes Exchange Offer. On January 7, 2015, in connection with the consummation of the NewPage acquisition, the provisions of the Adjustable Second Lien Notes were adjusted as follows: (a) the principal amount of the notes have been adjusted such that a holder of $1,000 principal amount of notes immediately prior to the NewPage acquisition now holds $593.75 principal amount of notes (any adjusted notes that do not bear an authorized denomination have been rounded down); (b) the maturity date of the notes has been extended from February 1, 2019, to August 1, 2020; (c) the interest rate has been adjusted such that the notes bear interest from and after January 7, 2015 at a rate of 10% per annum payable entirely in cash plus 3% per annum payable entirely by increasing the principal amount of the outstanding notes or by issuing additional notes; (d) the optional redemption provisions have been adjusted as provided in the indenture governing the notes; and (e) certain other terms and conditions of the notes have been modified as set forth in the Adjustable Second Lien Notes Indenture. As a result of the principal adjustment, the outstanding principal amount of the Adjustable Second Lien Notes was reduced by approximately $121 million from approximately $299 million before January 7, 2015, to approximately $178 million afterwards. 16% Senior Subordinated Notes due 2020. On July 2, 2014, the Issuers also commenced an offer to exchange any and all of the Issuers’ outstanding 11.38% Senior Subordinated Notes due 2016, or “Old Subordinated Notes” for their new Adjustable Senior Subordinated Notes, or “Adjustable Subordinated Notes,” and Warrants (we refer to this exchange offer as the “Subordinated Notes Exchange Offer”). On August 1, 2014, approximately $102 million aggregate principal amount of Old Subordinated Notes were tendered and accepted in exchange for a like amount of Adjustable Subordinated Notes and approximately 5.4 million Warrants in the Subordinated Notes Exchange Offer. The Warrants had no fair value at the date of the closing of the Subordinated Notes Exchange Offer. On January 7, 2015, in connection with the consummation of the NewPage acquisition, the provisions of the Adjustable Subordinated Notes were adjusted as follows: (a) the principal amount of the notes has been adjusted such that a holder of $1,000 principal amount of notes immediately prior to the NewPage acquisition now holds $620 principal amount of notes (any adjusted notes that do not bear an authorized denomination have been rounded down); (b) the maturity date of the notes has been extended from August 1, 2016, to August 1, 2020; (c) the interest rate has been adjusted such that the notes bear interest from and after the January 7, 2015 at a rate of 11% per annum payable entirely in cash plus 5% per annum payable entirely by increasing the principal amount of the outstanding notes or by issuing additional notes; (d) the optional redemption provisions have been adjusted as provided in the Adjustable Subordinated Notes Indenture; and (e) certain other terms and conditions of the notes have been modified as set forth in the Adjustable Subordinated Notes Indenture. As a result of the principal adjustment, the outstanding principal amount of the Adjustable Subordinated Notes was reduced by approximately $39 million from approximately $102 million before January 7, 2015, to approximately $63 million afterwards. In connection with the Second Lien Notes Exchange Offer and the Subordinated Notes Exchange Offer, the Issuers solicited and received consents to amend the Old Second Lien Notes, the Old Subordinated Notes, and the indentures governing such notes in order to (a) eliminate or waive substantially all of the restrictive covenants contained in the indentures governing such notes, (b) eliminate certain events of default, (c) modify covenants regarding mergers and consolidations, and (d) modify or eliminate certain other provisions, including, in some cases, certain provisions relating to defeasance, contained in such indentures and such notes. In addition, the Issuers solicited and received consents to release the liens and security interests in the collateral securing the Old Second Lien Notes. Verso Androscoggin Power LLC Revolving Credit Facility. On May 5, 2014, acting through a wholly owned subsidiary, Verso Androscoggin Power LLC, or “VAP,” Verso Holdings entered into a credit agreement providing for a revolving credit facility with Barclays Bank PLC and Credit Suisse AG, Cayman Islands Branch. On January 7, 2015, Verso consummated the NewPage acquisition, and as a result, the credit facility was terminated on February 4, 2015. NewPage Corp Revolving Credit Facility. On February 11, 2014, NewPage Corp entered into a $350 million senior secured asset-backed revolving credit facility, or the “NewPage ABL Facility.” The NewPage ABL Facility is with certain lenders and Barclays Bank PLC, as administrative agent and collateral agent; BMO Harris Bank N.A., as co-collateral agent; Barclays Bank PLC, Credit Suisse Securities (USA) LLC, UBS Securities LLC, BMO Capital Markets Corp. and Wells Fargo Bank, National Association, as joint lead arrangers and joint book runners; and Credit Suisse AG, UBS Securities LLC, BMO Harris Bank N.A. and Wells Fargo Bank and National Association, as co-syndication agents. As of March 31, 2015 , the NewPage ABL Facility had $145 million outstanding balance, $38 million letters of credit issued, and $155 million available for future borrowing. Amounts drawn under the NewPage ABL Facility bear annual interest at either the LIBOR rate plus a margin of 1.75% to 2.25% or at a base rate plus a margin of 0.75% to 1.25% . The interest rate margins on the NewPage ABL Facility are subject to adjustments based on the average availability of the NewPage ABL Facility. As of March 31, 2015 , the weighted-average interest rate on outstanding advances was 2.82% . NewPage Corp is also required to pay a commitment fee to the lenders in respect of the unutilized commitments under the revolving credit facilities and other customary fees. The security interest with respect to the NewPage ABL Facility consists of a first-priority lien with respect to most inventory, accounts receivable, bank accounts, and certain other assets of NewPage Corp, or “NewPage ABL Priority Collateral,” and a second-priority lien with respect to all other NewPage Corp assets, or “Term Loan Priority Collateral.” The NewPage ABL Facility will mature on February 11, 2019 . The issuers and guarantors of Verso’s debt securities and the borrower and guarantors of Verso’s credit facilities do not guarantee the obligations under the NewPage ABL Facility, and the borrower and the guarantors under the NewPage ABL Facility do not guarantee the obligations under Verso’s debt securities and credit facilities. Floating Rate Senior Secured Term Loan. On February 11, 2014, NewPage Corp entered into a $750 million term loan facility, or “Term Loan Facility.” The Term Loan Facility is with Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent, Credit Suisse Securities (USA) LLC, Barclays Bank PLC, UBS Securities LLC and BMO Capital Markets Corp., as joint lead arrangers and joint book runners and Wells Fargo Bank, National Association, as documentation agent. Amounts drawn under the Term Loan Facility bear annual interest at either the LIBOR rate plus a margin of 8.25% or at a base rate plus a margin of 7.25% . The interest in effect for the Term Loan Facility at March 31, 2015 was 9.50% . The security interest with respect to the Term Loan Facility consists of a first-priority lien with respect to the Term Loan Priority Collateral and a second-priority lien with respect to the NewPage ABL Priority Collateral. The Term Loan Facility has scheduled principal payments due quarterly that begin on September 30, 2015. However, NewPage Corporation has the right to prepay loans under the Term Loan Facility at any time without premium or penalty, other than customary “breakage” costs with respect to LIBOR rate loans, subject, however, to a prepayment premium for optional prepayments of the Term Loan Facility with a new or replacement term loan facility with an “effective” interest rate less than that applicable to the Term Loan Facility equal to (1) 3.00% if prepaid prior to the first anniversary of the closing date, (2) 2.00% if prepaid on or after the first anniversary of the closing date and prior to the second anniversary of the closing date and (3) 1.00% if prepaid on or after the second anniversary of the closing date and prior to the third anniversary of the closing date. The Term Loan Facility is subject to mandatory prepayments in amounts equal to (1) 100% of the net cash proceeds of indebtedness by NewPage Corp or any of its subsidiary guarantors other than indebtedness permitted under the Term Loan Facility, (2) 100% of the net cash proceeds of any non-ordinary course sale or other disposition of assets by NewPage Corp or any of its subsidiary guarantors (including as a result of casualty or condemnation) (with customary exceptions, thresholds, and reinvestment rights of up to 12 months or 18 months if contractually committed to within 12 months), and (3) 75% of “excess cash flow” for each fiscal year beginning with the fiscal year ending December 31, 2015, subject to possible step-downs based on total net first lien leverage ratio thresholds. As such, immediately prior to the NewPage acquisition on January 7, 2015, $16 million in proceeds from the sale of Biron and Rumford mills were used to pay the September 2015 scheduled principal payment and a portion of the December 2015 scheduled principal payment on the Term Loan Facility, leaving $3 million due in December 2015. Quarterly installments due are $9 million for each quarter ending in 2016, $14 million for each quarter ending in 2017 and $19 million for each quarter ending in 2018 through 2020 with the remaining balance due on February 11, 2021. The issuers and guarantors of Verso’s debt securities and the borrower and guarantors of Verso’s credit facilities do not guarantee the obligations under the NewPage Term Loan Facility, and the borrower and the guarantors under the NewPage Term Loan Facility do not guarantee the obligations under Verso’s debt securities and credit facilities. As of March 31, 2015 , both Verso Holdings and NewPage were in compliance with the covenants in our respective debt agreements.	DEBT A summary of long-term debt is as follows: December 31, 2014 December 31, 2013 (Dollars in thousands) Original Maturity Interest Rate Balance Par Value Balance Par Value Verso Paper Holdings LLC Verso Androscoggin Power LLC Revolving 2/6/2015 6.25 % $ 30,000 $ 30,000 $ — $ — Revolving Credit Facilities 5/4/2017 2.54 % 63,000 63,000 — — 11.75% Senior Secured Notes 1/15/2019 11.75 % 424,654 417,882 426,076 417,882 11.75% Secured Notes 1/15/2019 11.75 % 271,573 271,573 271,573 271,573 8.75% Second Priority Senior Secured Notes 2/1/2019 8.75 % 96,447 96,647 395,018 396,000 Second Priority Adjustable Senior Secured Notes 2/1/2019 8.75 % 298,732 299,353 — — Second Priority Senior Secured Floating Rate Notes 8/1/2014 — % — — 13,310 13,310 11.38% Senior Subordinated Notes 8/1/2016 11.38 % 40,517 40,517 142,500 142,500 Adjustable Senior Subordinated Notes 8/1/2016 11.38 % 101,983 101,983 — — Chase NMTC Verso Investment Fund LLC Loan from Verso Paper Finance Holdings LLC 12/29/2040 6.50 % 23,305 23,305 23,305 23,305 Total debt for Verso Paper Holdings LLC 1,350,211 1,344,260 1,271,782 1,264,570 Less current maturities of long-term debt (30,000 ) (30,000 ) (13,310 ) (13,310 ) Total long-term debt for Verso Paper Holdings LLC $ 1,320,211 $ 1,314,260 $ 1,258,472 $ 1,251,260 We determine the fair value of our debt based on market information and a review of prices and terms available for similar obligations. Our debt is classified as Level 2 within the fair value hierarchy (see also Note 14). As of December 31, 2014 and 2013 , the fair value of Verso Holdings’ total debt was $1,082 million and $881 million , respectively. Amounts included in interest expense related to debt and amounts of cash interest payments on debt are as follows: Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Interest expense $ 137,672 $ 134,527 $ 126,486 Cash interest paid 118,220 130,830 114,849 Debt issuance cost amortization (1) 8,078 5,368 4,957 (1) Amortization of debt issuance cost is included in interest expense. Verso Androscoggin Power LLC Revolving Credit Facility. On May 5, 2014, acting through a wholly owned subsidiary, Verso Androscoggin Power LLC, or “VAP,” Verso Holdings entered into a credit agreement providing for a $40.0 million revolving credit facility with Barclays Bank PLC and Credit Suisse AG, Cayman Islands Branch. As of December 31, 2014 , the revolving credit facility had a $30.0 million outstanding balance, and $10.0 million available for future borrowing. Borrowings under the credit facility bore interest at a rate equal to an applicable margin plus, at the option of VAP, either (a) a base rate determined by reference to the highest of the U.S. federal funds rate plus 0.5% , the prime rate of the administrative agent, and the adjusted LIBOR for a one-month interest period plus 1.00% , or (b) a eurocurrency rate, or “LIBOR,” determined by reference to the cost of funds for eurocurrency deposits in dollars in the London interbank market for the interest period relevant to such borrowing adjusted for certain additional costs. As of December 31, 2014 , the applicable margin for advances under the credit facility was 3.00% for base rate advances and 4.00% for LIBOR advances. As of December 31, 2014 , the weighted-average interest rate on outstanding advances was 6.25% . The indebtedness under the credit facility was secured by substantially all of VAP’s assets, which consist principally of four hydroelectric facilities associated with our Androscoggin mill and related electricity transmission equipment. Verso Maine Power Holdings LLC, VAP’s sole member, guaranteed the payment of the debt outstanding under the credit facility, and its guaranty was secured by a pledge of its equity interest in VAP. Debt issuance costs of approximately $2.4 million were amortized over the life of the facility. On January 7, 2015, Verso consummated the NewPage acquisition, and as a result, the credit facility was terminated on February 4, 2015. Revolving Credit Facilities. In 2012, Verso Holdings entered into revolving credit facilities consisting of a $150.0 million asset-based loan facility, or “ABL Facility,” and a $50.0 million cash-flow facility, or “Cash Flow Facility.” In connection with the revolving credit facilities, debt issuance costs of approximately $9.3 million were deferred and are being amortized over the life of the credit facilities. The indebtedness under the revolving credit facilities bears interest at a floating rate based on a margin over a base rate or eurocurrency rate. Verso Holdings is required to pay commitment fees to the lenders in respect of unutilized commitments under the revolving credit facilities and other customary fees. The indebtedness under the ABL Facility and related guarantees are secured by first-priority security interests, subject to permitted liens, in substantially all of Verso Holdings’, Verso Finance’s, and the subsidiary guarantors’ inventory and accounts receivable, or “ABL Priority Collateral,” and second-priority security interests, subject to permitted liens, in substantially all of their other assets, or “Notes Priority Collateral.” The indebtedness under the Cash Flow Facility and related guarantees are secured, pari passu with the 11.75% Senior Secured Notes due 2019 and related guarantees, by first-priority security interests in the Notes Priority Collateral and second-priority security interests in the ABL Priority Collateral. The revolving credit facilities will mature on May 4, 2017 . On January 3, 2014, Verso Holdings entered into certain amendments to the revolving credit facilities in connection with the Merger, in which (a) the lenders under each of our revolving credit facilities consented to the Merger and the other transactions contemplated by the Merger Agreement, including the incurrence of certain additional indebtedness, (b) the lenders consented to amendments to allow the sale and/or financing of certain non-core assets and (c) the parties agreed to amend our revolving credit facilities to allow for certain other transactions upon the consummation of the Merger and the other transactions contemplated by the Merger Agreement. The ABL Facility had $63.0 million outstanding balance, $39.4 million in letters of credit issued, and $6.9 million available for future borrowing as of December 31, 2014 . The Cash Flow Facility had no outstanding balance, no letters of credit issued, and $50.0 million available for future borrowing as of December 31, 2014 . 11.75% Senior Secured Notes due 2019. In 2012, Verso Holdings issued $345.0 million aggregate principal amount of 11.75% Senior Secured Notes due 2019 . The notes bear interest, payable semi-annually, at the rate of 11.75% per year. The notes are guaranteed jointly and severally by each of Verso Holdings’ subsidiaries, subject to certain exceptions, and the notes and guarantees are senior secured obligations of Verso Holdings and the guarantors, respectively. The indebtedness under the notes and related guarantees are secured, pari passu with the Cash Flow Facility and related guarantees, by first-priority security interests in the Notes Priority Collateral and second-priority security interests in the ABL Priority Collateral. The notes will mature on January 15, 2019 . In 2012, Verso Holdings used the proceeds from the issuance of the 11.75% Senior Secured Notes due 2019 to repurchase and retire the balance of its 11.5% Senior Secured Notes due 2014. Verso Holdings recognized a loss of $34.5 million , which is included in Other loss, net, in our accompanying consolidated statements of operations on the early retirement of notes, including the write-off of unamortized debt issuance costs and unamortized discounts related to the notes. Debt issuance costs of approximately $10.1 million were deferred and are being amortized over the life of the notes. In 2013, Verso Holdings issued $72.9 million aggregate principal amount of its 11.75% Senior Secured Notes due 2019 to certain lenders holding approximately $85.8 million aggregate principal amount of Verso Finance’s Senior Unsecured Term Loans, and net accrued interest through the closing date, at an exchange rate of 85% , in exchange for the assignment to Verso Finance of its Senior Unsecured Term Loans and the cancellation of such loans. There are no longer any outstanding Senior Unsecured Term Loans. In accordance with ASC Topic 470-60, the notes were recorded at the Unsecured Term Loans value exchanged and the amount in excess of par will be amortized over the life of the notes. Debt issuance costs of $2.8 million were expensed as incurred and are recorded in Other loss, net on the accompanying consolidated statements of operations. The exchange and funding of the principal and interest payments on the Senior Unsecured Term Loans were recorded as a Return of capital on Verso Holdings’ statement of member’s equity and the exchange of $85.8 million represents a non-cash financing activity on Verso Holding’s statement of cash flows. The 11.75% Senior Secured Notes due 2019 issued in 2012 and 2013 constitute one class of securities. On January 7, 2015, in connection with the consummation of the NewPage acquisition, Verso Holdings, an indirect, wholly owned subsidiary of Verso, and Verso Paper Inc., a wholly owned subsidiary of Verso Holdings (together with Verso Holdings, or the “Issuers”), entered into an indenture, or the “New First Lien Notes Indenture,” among the Issuers, certain subsidiaries of Verso Holdings, as guarantors, and Wilmington Trust, National Association, as trustee, governing the Issuers’ $650 million aggregate principal amount of 11.75% Senior Secured Notes due 2019, or the “New First Lien Notes,” and issued the New First Lien Notes to the stockholders of NewPage as partial consideration in the NewPage acquisition. The New First Lien Notes are guaranteed, jointly and severally, on a senior secured basis, by each of Verso Holdings’ existing domestic subsidiaries that guarantees its senior secured credit facility and by each of its future domestic subsidiaries that guarantees certain of its debt or issues disqualified stock. The New First Lien Notes are guaranteed by NewPage, but not guaranteed by any of its subsidiaries. The New First Lien Notes and the related guarantees are secured by first-priority liens in the collateral owned by each Issuer and Guarantor, subject to certain permitted liens and exceptions as further described in the New First Lien Notes Indenture and the related security documents. The collateral consists of substantially all of the Issuers’ and the Guarantors’ tangible and intangible assets securing Verso Holdings’ existing senior secured credit facility, which exclude certain capital stock and other securities of its affiliates and other property. The New First Lien Notes and the related guarantees are the senior secured obligations of the Issuers and the Guarantors, respectively, and rank (a) senior in right of payment to all existing and future subordinated indebtedness of the Issuers and the Guarantors, including the Adjustable Subordinated Notes and the Issuers’ existing 11.38% Senior Subordinated Notes due 2016 or the “Old Subordinated Notes” and the related guarantees; (b) equal in right of payment with all existing and future senior indebtedness of the Issuers and the Guarantors, including the Issuers’ existing 11.75% Senior Secured Notes due 2019 or the “Existing First Lien Notes,” 11.75% Secured Notes due 2019 or the “Existing 1.5 Lien Notes,” the Adjustable Second Lien Notes and the 8.75% Second Priority Senior Secured Notes due 2019 or the “Old Second Lien Notes;” (c) effectively pari passu with all existing first-priority secured indebtedness of the Issuers and the Guarantors under Verso Holdings’ senior secured credit facility and the related guarantees, including the Existing First Lien Notes and the related guarantees, to the extent of the value of the collateral securing such obligations; (d) effectively senior to all existing second-priority secured indebtedness of the Issuers and the Guarantors, including the Existing 1.5 Lien Notes and the Adjustable Second Lien Notes and the related guarantees, to the extent of the value of the collateral securing such obligations; (e) effectively senior to all existing and future unsecured indebtedness of the Issuers and the Guarantors, including the Old Second Lien Notes, the Old Subordinated Notes, and the Adjustable Subordinated Notes; and (f) effectively subordinated to all existing and future indebtedness, preferred stock and other liabilities of the Issuers’ non-guarantor subsidiaries, other than indebtedness, preferred stock and liabilities held by an Issuer or a Guarantor. The Issuers will pay interest on the New First Lien Notes at a rate of 11.75% per annum, payable semiannually to holders of record at the close of business on January 1 or July 1 immediately preceding the interest payment date on January 15 and July 15 of each year, commencing July 15, 2015. The New First Lien Notes mature on January 15, 2019. 11.75% Secured Notes due 2019. In 2012, Verso Holdings issued $271.6 million aggregate principal amount of 11.75% Secured Notes due 2019. The notes bear interest, payable semi-annually, at the rate of 11.75% per year. The notes are guaranteed jointly and severally by each of Verso Holdings’ subsidiaries, subject to certain exceptions, and the notes and guarantees are senior secured obligations of Verso Holdings and the guarantors, respectively. The notes and related guarantees are secured by security interests, subject to permitted liens, in substantially all of Verso Holdings’ and the guarantors’ tangible and intangible assets. The security interests securing the notes rank junior to those securing the obligations under the ABL Facility, the Cash Flow Facility, and the 11.75% Senior Secured Notes due 2019 and rank senior to those securing the 8.75% Second Priority Senior Secured Notes due 2019. The notes will mature on January 15, 2019 . Verso Holdings issued the notes pursuant to two separate exchange offers whereby it issued a total of $271.6 million aggregate principal amount of the notes and paid a total of $22.3 million in cash in exchange for $166.9 million aggregate principal amount of its Second Priority Senior Secured Floating Rate Notes due 2014 and for $157.5 million aggregate principal amount of the 11.38% Senior Subordinated Notes due 2016. Verso Holdings recognized a total gain of $26.3 million , net of the write-off of unamortized debt issuance costs, from the exchanges, which is included in Other loss, net in our accompanying consolidated statements of operations. Debt issuance costs of approximately $5.4 million were deferred and are being amortized over the life of the notes. 8.75% Second Priority Senior Secured Notes due 2019 . In 2011, Verso Holdings issued $396.0 million aggregate principal amount of 8.75% Second Priority Senior Secured Notes due 2019. The notes bear interest, payable semi-annually, at the rate of 8.75% per year. The notes are guaranteed jointly and severally by each of Verso Holdings’ subsidiaries, subject to certain exceptions, and the notes and guarantees are senior secured obligations of Verso Holdings and the guarantors, respectively. The notes and related guarantees are secured by second priority liens, subject to permitted liens, on substantially all of Verso Holdings’ and the guarantors’ tangible and intangible assets, excluding securities of Verso Holdings’ affiliates. The notes mature on February 1, 2019 . Second Priority Adjustable Senior Secured Notes. On July 2, 2014, the Issuers commenced an offer to exchange their new Second Priority Adjustable Senior Secured Notes, or “New Second Lien Notes,” and warrants issued by Verso that were mandatorily convertible on a one-for-one basis into shares of Verso’s common stock immediately prior to the NewPage acquisition, or “Warrants,” for any and all of the Issuers’ outstanding 8.75% Second Priority Senior Secured Notes due 2019, or “Old Second Lien Notes” (we refer to this exchange offer as the “Second Lien Notes Exchange Offer”). On August 1, 2014, approximately $299.4 million aggregate principal amount of Old Second Lien Notes were tendered and accepted in exchange for a like amount of New Second Lien Notes and approximately 9.3 million Warrants in the Second Lien Notes Exchange Offer. The Warrants had no fair value at the date of the closing of the Second Lien Notes Exchange Offer. Prior to the consummation of the NewPage acquisition, and as of December 31, 2014, the New Second Lien Notes had substantially the same terms as the Old Second Lien Notes in that the New Second Lien Notes had their original principal amount, bore interest at a rate of 8.75% per annum, had a maturity date of February 1, 2019, and were governed by covenants that are substantially the same as the covenants currently governing the Old Second Lien Notes. As of December 31, 2014 , the accrued interest on the New Second Lien Notes was included in Accrued liabilities in our accompanying consolidated balance sheet. Subsequent to year end, as a result of the consummation of the NewPage acquisition, and effective as of the January 7, 2015, the provisions of the Adjustable Second Lien Notes were adjusted as follows: (a) the principal amount of the notes have been adjusted such that a holder of $1,000 principal amount of notes immediately prior to the NewPage acquisition now holds $593.75 principal amount of notes (any adjusted notes that do not bear an authorized denomination will be rounded down); (b) the maturity date of the notes has been extended from February 1, 2019, to August 1, 2020; (c) the interest rate has been adjusted such that the notes bear interest from and after January 7, 2015 at a rate of 10% per annum payable entirely in cash plus 3% per annum payable entirely by increasing the principal amount of the outstanding notes or by issuing additional notes; (d) the optional redemption provisions have been adjusted as provided in the indenture governing the notes; and (e) certain other terms and conditions of the notes have been modified as set forth in the Adjustable Second Lien Notes Indenture. As a result of the principal adjustment, the outstanding principal amount of the Adjustable Second Lien Notes was reduced by approximately $121.6 million from approximately $299.4 million before January 7, 2015, to approximately $177.7 million afterwards. Second Priority Senior Secured Floating Rate Notes due 2014 . In 2006, Verso Holdings issued $250.0 million aggregate principal amount of Second Priority Senior Secured Floating Rate Notes due 2014. As of December 31, 2013, Verso Holdings had repurchased and retired a total of $236.7 million aggregate principal amount of the notes. The notes matured on August 1, 2014 . 11.38% Senior Subordinated Notes due 2016 . In 2006, Verso Holdings issued $300 million aggregate principal amount of 11.38% Senior Subordinated Notes due 2016. As of December 31, 2014 , Verso Holdings had repurchased and retired a total of $157.5 million aggregate principal amount of the notes. The notes bear interest, payable semi-annually, at the rate of 11.38% per year. The notes mature on August 1, 2016 . Adjustable Senior Subordinated Notes. On July 2, 2014, in accordance with the terms of the Merger Agreement, the Issuers also commenced an offer to exchange their new Adjustable Senior Subordinated Notes, or “New Subordinated Notes,” and Warrants for any and all of the Issuers’ outstanding 11.38% Senior Subordinated Notes due 2016, or “Old Subordinated Notes” (we refer to this exchange offer as the “Subordinated Notes Exchange Offer”). On August 1, 2014, approximately $102.0 million aggregate principal amount of Old Subordinated Notes were tendered and accepted in exchange for a like amount of New Subordinated Notes and approximately 5.4 million Warrants in the Subordinated Notes Exchange Offer. The Warrants had no fair value at the date of the closing of the Subordinated Notes Exchange Offer. Prior to the consummation of the NewPage acquisition, and as of December 31, 2014, the New Subordinated Notes had substantially the same terms as the Old Subordinated Notes in that the New Subordinated Notes had their original principal amount, bore interest at a rate of 11.38% per annum, had a maturity date of August 1, 2016, and were governed by covenants that were substantially the same as the covenants currently governing the Old Subordinated Notes. Subsequent to year end, as a result of the consummation of the NewPage acquisition, and effective as of January 7, 2015, the provisions of the Adjustable Subordinated Notes were adjusted as follows: (a) the principal amount of the notes has been adjusted such that a holder of $1,000 principal amount of notes immediately prior to the NewPage acquisition now holds $620 principal amount of notes (any adjusted notes that do not bear an authorized denomination will be rounded down); (b) the maturity date of the notes has been extended from August 1, 2016, to August 1, 2020; (c) the interest rate has been adjusted such that the notes bear interest from and after the January 7, 2015 at a rate of 11% per annum payable entirely in cash plus 5% per annum payable entirely by increasing the principal amount of the outstanding notes or by issuing additional notes; (d) the optional redemption provisions have been adjusted as provided in the Adjustable Subordinated Notes Indenture; and (e) certain other terms and conditions of the notes have been modified as set forth in the Adjustable Subordinated Notes Indenture. As a result of the principal adjustment, the outstanding principal amount of the Adjustable Subordinated Notes was reduced by approximately $38.8 million from approximately $102.0 million before January 7, 2015, to approximately $63.2 million afterwards. In connection with the Second Lien Notes Exchange Offer and the Subordinated Notes Exchange Offer, the Issuers solicited and received consents to amend the Old Second Lien Notes, the Old Subordinated Notes, and the indentures governing such notes in order to (a) eliminate or waive substantially all of the restrictive covenants contained in the indentures governing such notes, (b) eliminate certain events of default, (c) modify covenants regarding mergers and consolidations, and (d) modify or eliminate certain other provisions, including, in some cases, certain provisions relating to defeasance, contained in such indentures and such notes. In addition, the Issuers solicited and received consents to release the liens and security interests in the collateral securing the Old Second Lien Notes. We refer to the Second Lien Notes Exchange Offer, the Subordinated Notes Exchange Offer, and the transactions in connection therewith collectively as the “Exchange Offers.” Accrued debt issuance costs related to the Exchange Offers of approximately $6.1 million were expensed as incurred and are recorded in Other loss, net on the accompanying consolidated statements of operations. Loan from Verso Paper Finance Holdings LLC/ Verso Paper Holdings LLC . In 2010, Verso Quinnesec REP LLC, an indirect, wholly-owned subsidiary of Verso Holdings, entered into a financing transaction with Chase NMTC Verso Investment Fund, LLC, or the “Investment Fund,” a consolidated variable interest entity. Under this arrangement, Verso Holdings loaned $23.3 million to Verso Finance at an interest rate of 6.5% per year and with a maturity of December 29, 2040 , and Verso Finance, in turn, loaned the funds on similar terms to the Investment Fund. The Investment Fund then contributed the loan proceeds to certain community development entities, which, in turn, loaned the funds on similar terms to Verso Quinnesec REP LLC as partial financing for the renewable energy project at our mill in Quinnesec, Michigan. The scheduled principal payments required under the debt listed above during the years following December 31, 2014 , are set forth below (Amounts are prior to the financing transactions described in Note 21): (Dollars in thousands) 2015 30,000 2016 142,500 2017 63,000 2018 — 2019 1,085,455 2020 and thereafter 23,305 Total debt $ 1,344,260 At December 31, 2014 , we were in compliance with the covenants in our debt agreements.

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES Other liabilities consist of the following: December 31, (Dollars in thousands) 2014 2013 Pension benefit obligation $ 40,584 $ 25,231 Non-controlling interests 7,923 7,923 Asset retirement obligations 7,515 12,708 Deferred compensation 3,670 3,495 Other 830 1,068 Other liabilities $ 60,522 $ 50,425

RETIREMENT PLANS

RETIREMENT PLANS	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
RETIREMENT PLANS	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS PLANS We maintain various defined benefit pension and other postretirement benefit plans that provide retirement benefits for certain current and former hourly employees. The pension plans provide defined benefits based on years of credited service times a specified flat dollar benefit rate. Since the completion of the NewPage acquisition, we have maintained a cash balance defined benefit pension plan for salaried employees, a defined benefit pension plan for hourly employees, and certain Postretirement Benefits Other than Pensions Plan, or “OPEB.” The following table summarizes the components of net periodic benefit cost of our pension plans for the three-month periods ended March 31, 2015 and 2014 : Three Months Ended March 31, (Dollars in millions) 2015 2014 Service cost $ 3 $ 2 Interest cost 16 1 Expected return on plan assets (20 ) (1 ) Net periodic benefit cost $ (1 ) $ 2 The estimated net actuarial loss and prior service cost that are amortized from Accumulated other comprehensive loss and into net periodic pension cost are classified into Cost of products sold on our accompanying condensed consolidated statement of operations. We make contributions that are sufficient to fully fund our actuarially determined costs, generally equal to the minimum amounts required by the Employee Retirement Income Security Act, or “ERISA.” We made contributions to the pension plans of approximately $7 million for the three-month period ended March 31, 2015 . We expect to make cash contributions of approximately $23 million to the pension plans in the remainder of 2015. We made no contributions to the pension plans for the three-month period ended March 31, 2014 . The OPEB obligations of NewPage Corp provide other retirement and post-employment benefits for certain employees, which may include healthcare benefits for certain retirees prior to their reaching age 65, healthcare benefits for certain retirees on and after their reaching age 65, long-term disability benefits, continued group life insurance and extended health and dental benefits. These benefits are provided through various employer- and/or employee-funded postretirement benefit plans. We generally fund the employer portion of these other postretirement benefits on a pay-as-you-go basis. The service and interest related to these obligations were not material from acquisition date to March 31, 2015.	RETIREMENT PLANS Defined Benefit Plan We maintain defined benefit pension plans that provide retirement benefits for certain current and former hourly employees. Employees hired after June 30, 2004, who are not eligible to participate in the pension plans receive an additional company contribution to their accounts under our 401(k) savings plan (see “Other Benefits” discussion below). The pension plans provide defined benefits based on years of credited service times a specified flat dollar benefit rate. During 2014, a curtailment loss of approximately $1.0 million was recognized in Restructuring charges in the consolidated statements of operations due to a reduction in headcount associated with the closure of the Bucksport mill. The curtailment loss included $0.5 million of amortization of prior service cost and a net actuarial loss of $0.5 million . During 2012, a curtailment loss of approximately $1.5 million was recognized in Restructuring charges in the consolidated statements of operations due to a reduction in headcount associated with the closure of the former Sartell mill. The curtailment loss included $0.6 million of amortization of prior service cost and a net actuarial loss of $0.9 million . The following table summarizes the components of net periodic pension cost for the years ended December 31, 2014 , 2013 , and 2012 : Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Components of net periodic pension cost: Service cost $ 5,747 $ 6,613 $ 7,082 Interest cost 3,678 3,115 2,876 Expected return on plan assets (3,617 ) (3,303 ) (2,791 ) Amortization of prior service cost 651 651 740 Amortization of actuarial loss 195 1,631 1,648 Curtailment 982 — 1,517 Net periodic pension cost $ 7,636 $ 8,707 $ 11,072 The following table provides detail on prior service cost and net actuarial loss recognized in Accumulated other comprehensive loss at December 31, 2014 and 2013 : (Dollars in thousands) 2014 2013 Amounts recognized in Accumulated other comprehensive loss: Prior service cost $ 756 $ 1,923 Net actuarial loss 26,361 9,512 The estimated net actuarial loss and prior service cost that will be amortized from Accumulated other comprehensive loss into net periodic pension cost during 2015 is $2.0 million and $0.4 million , respectively. We make contributions that are sufficient to fully fund our actuarially determined costs, generally equal to the minimum amounts required by the Employee Retirement Income Security Act, or “ERISA.” We made contributions to the pension plans of $8.0 million in 2014 , $0.4 million in 2013 , and $10.7 million in 2012 . In 2015, we expect to make cash contributions of approximately $5.2 million to the pension plans. We may also be required to make additional contributions as a result of the closure of the Bucksport and Sartell mills. We expect no plan assets to be returned to the Company in 2015 . The following table sets forth a reconciliation of the plans’ benefit obligation, plan assets and funded status at December 31, 2014 and 2013 : Year Ended December 31, (Dollars in thousands) 2014 2013 Change in Projected Benefit Obligation: Benefit obligation at beginning of period $ 78,701 $ 81,944 Service cost 5,747 6,613 Interest cost 3,678 3,115 Actuarial loss (gain) 17,493 (10,472 ) Benefits paid (2,922 ) (2,499 ) Curtailment 465 — Benefit obligation on December 31 $ 103,162 $ 78,701 Change in Plan Assets: Plan assets at fair value, beginning of fiscal year $ 53,470 $ 51,528 Actual net return on plan assets 4,065 4,052 Employer contributions 7,965 389 Benefits paid (2,922 ) (2,499 ) Plan assets at fair value on December 31 $ 62,578 $ 53,470 Unfunded projected benefit obligation recognized in other liabilities on the consolidated balance sheets $ (40,584 ) $ (25,231 ) The accumulated benefit obligation at December 31, 2014 and 2013 , is $103.2 million and $78.7 million , respectively. The following table summarizes expected future pension benefit payments: (Dollars in thousands) 2015 $ 2,607 2016 2,887 2017 3,196 2018 3,589 2019 4,048 2020-2024 28,277 We evaluate our actuarial assumptions annually as of December 31 (the measurement date) and consider changes in these long-term factors based upon market conditions and the requirements of ASC Topic 715. These assumptions are used to calculate benefit obligations as of December 31 of the current year, and pension expense to be recorded for the following year. The discount rate assumption reflects the yield on a portfolio of high quality fixed-income instruments that have a similar duration to the plans’ liabilities. The expected long-term rate of return assumption reflects the average return expected on the assets invested to provide for the plans’ liabilities. The actuarial assumptions used in the defined benefit pension plans were as follows: 2014 2013 2012 Weighted average assumptions used to determine benefit obligations as of December 31: Discount rate 3.83 % 4.75 % 3.80 % Rate of compensation increase N/A N/A N/A Weighted average assumptions used to determine net periodic pension cost for the fiscal year: Discount rate 4.75 % 3.84 % 4.30 % Rate of compensation increase N/A N/A N/A Expected long-term return on plan assets 6.50 % 6.50 % 6.50 % During 2014, the Company adopted the Society of Actuaries RP-2014 mortality tables in the calculation of our pension benefit obligation as of December 31, 2014, resulting in approximately $4 million of additional actuarial loss in the benefit obligation and accumulated other comprehensive income. The remaining increase in actuarial loss in 2014 is primarily attributable to the decline in the discount rate from the rate used in the 2013 calculation of the pension benefit obligation. The following table provides the pension plans’ asset allocation on December 31, 2014 and 2013 : Allocation of Plan Assets 2014 Allocation on 2013 Allocation on Targeted Allocation December 31, 2014 Targeted Allocation December 31, 2013 Other securities: 55-60% 60% Fixed income funds 44 % 48 % Other funds 11 % 10 % Equity securities: 40-45% 40% Domestic equity funds - large cap 27 % 24 % Domestic equity funds - small cap 12 % 12 % International equity funds 6 % 6 % ASC Topic 820 provides a common definition of fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions used to value the assets or liabilities (see Note 14 – Fair Value of Financial Instruments for more detail). The following table sets forth by level, within the fair value hierarchy, the pension plans’ assets at fair value as of December 31, 2014 and 2013 . (Dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2014 Fixed income funds $ 27,810 $ 27,810 $ — $ — Domestic equity funds - large cap 16,814 16,814 — — Domestic equity funds - small cap 7,569 7,569 — — International equity funds 3,534 3,534 — — Other funds 6,851 6,851 — — Total assets at fair value $ 62,578 $ 62,578 $ — $ — December 31, 2013 Fixed income funds $ 25,764 $ 25,764 $ — $ — Domestic equity funds - large cap 13,086 13,086 — — Domestic equity funds - small cap 6,214 6,214 — — International equity funds 3,167 3,167 — — Other funds 5,239 5,239 — — Total assets at fair value $ 53,470 $ 53,470 $ — $ — Fair value is determined based on the net asset value of units held by the plan at period end. Our primary investment objective is to ensure, over the long-term life of the pension plans, an adequate pool of sufficiently liquid assets to support the benefit obligations. In meeting this objective, the pension plans seek to achieve a high level of investment return through long-term stock and bond investment strategies, consistent with a prudent level of portfolio risk. Any volatility in investment performance compared to investment objectives should be explainable in terms of general economic and market conditions. Our targeted pension fund asset allocation was updated during the fourth quarter of 2014. The expected return on plan assets assumption for 2015 will be 6.50 percent. The expected long-term rate of return on plan assets reflects the weighted-average expected long-term rates of return for the broad categories of investments currently held in the plans (adjusted for expected changes), based on historical rates of return for each broad category, as well as factors that may constrain or enhance returns in the broad categories in the future. The expected long-term rate of return on plan assets is adjusted when there are fundamental changes in expected returns in one or more broad asset categories and when the weighted-average mix of assets in the plans changes significantly. Defined Contribution Plan We sponsor a defined contribution plan to provide salaried, Quinnesec hourly, and certain Bucksport hourly employees an opportunity to accumulate personal funds and to provide additional benefits for retirement. As determined by the provisions of the plan, we contribute annually a percentage of employee earnings. The percentage is based on age and years of credited service for employees who were hired prior to July 1, 2004 and a fixed percentage of earnings to employees who were hired after June 30, 2004. Expense under this plan was $4.9 million , $4.8 million , and $5.6 million for the years ended December 31, 2014 , 2013 , and 2012 respectively. Other Benefits We sponsor a 401(k) plan to provide salaried and hourly employees an opportunity to accumulate personal funds and to provide additional benefits for retirement. Employee contributions may be made on a before-tax or after-tax basis to the plan. Employer matching contributions under the plan were $6.7 million for each of the years ended December 31, 2014 and 2013 , and $7.2 million for the year ended December 31, 2012 .

EQUITY AWARDS

EQUITY AWARDS	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY AWARDS	EQUITY AWARDS Employees of the Company are eligible to receive equity awards from our parent, Verso. Verso’s Amended and Restated 2008 Incentive Award Plan, or the “Incentive Plan,” authorizes the issuance of stock awards covering up to 11,000,000 shares of our common stock. Under the Incentive Plan, stock awards may be granted to employees, consultants, and directors upon approval by the board of directors. Verso has issued non-qualified stock options to certain non-employee directors that vest upon grant and expire 10 years from the date of grant. Verso has also issued time-based non-qualified stock options to officers and management employees in 2014 , 2013 , and 2012 . The time-based options vest one to three years from the date of grant and expire seven years from the date of grant. A summary of stock option plan activity (including the performance-based options) for the years ended December 31, 2014 , 2013 , and 2012 is provided below: Options Outstanding Weighted Average Exercise Price Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value (in thousands) December 31, 2011 1,781,499 $ 3.90 $ 2.59 Options granted 2,193,701 1.46 1.07 Forfeited (90,007 ) 3.48 2.52 December 31, 2012 3,885,193 2.53 1.73 Options granted 564,442 1.29 0.93 Forfeited (15,929 ) 1.53 1.09 December 31, 2013 4,433,706 2.38 1.63 Options granted 2,072,108 2.98 2.34 Exercised (41,828 ) 2.51 1.73 December 31, 2014 6,463,986 $ 2.57 $ 1.86 4.6 Options exercisable on December 31, 2014 3,297,814 $ 2.70 3.3 $ 3,571 Options expected to vest as of December 31, 2014 3,166,172 2.43 3,158 On December 31, 2014 , options outstanding had exercise prices ranging from $0.71 to $5.93 and options exercisable had exercise prices ranging from $0.71 to $5.93 . We used the Black-Scholes option pricing model to estimate the fair value of stock options granted in 2014 , 2013 , and 2012 , with the following assumptions: 2014 2013 2012 Expected weighted-average life of options granted 4.5 years 4.5 years 3.0 - 5.0 years Range of volatility rates based on historical industry volatility 115.45% - 116.47% 100.52% 94.39% - 102.22% Range of risk-free interest rates 1.66% - 1.74% 0.81% .57% - .83% Expected dividend yield — — — Based on Verso’s limited exercise history, Verso uses the simplified method of calculating expected lives of options granted per ASC Topic 718-10-S99. Expected volatility is estimated using historical industry volatility blended with Verso’s historical volatility. The dividend yield is assumed to be zero since we have no current plans to declare dividends. The risk-free interest rates are based on the market yield of U.S. Treasury securities. On December 31, 2014 , there was $5.0 million of unrecognized compensation cost related to stock options which is expected to be recognized over a weighted-average period of approximately 2.1 years. For the years presented, the total intrinsic value of options exercised, cash received and tax benefits realized from options exercised were immaterial to our consolidated financial statements. In 2014 , Verso issued 146,155 restricted stock awards to its executives, directors, and certain senior managers with a weighted-average grant date fair value of $3.07 per share, based on the closing market price of our common stock on the date of grant. Verso also issued 295,336 and 320,414 restricted stock awards to its executives and senior management in 2013 and 2012 , respectively. The 2013 and 2012 , restricted stock awards had weighted average grant date fair values of $1.29 and $1.20 , respectively, which was equal to the closing market price of our common stock on the date of grant. The restrictions lapse in equal annual installments on each of the first three anniversaries of the date of grant. As of December 31, 2014 , there was $0.5 million of unrecognized compensation cost related to restricted stock awards which is expected to be recognized over a weighted-average period of approximately 1.3 years. The restrictions on these shares automatically lapse in the event of a change of control as defined in the Incentive Plan. We recognized equity award expense of $1.8 million for each of the years ended December 31, 2014 , and 2013 and $2.7 million for the year ended December 31, 2012 .

BUCKSPORT ENERGY ASSET INVESTME

BUCKSPORT ENERGY ASSET INVESTMENT	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
BUCKSPORT ENERGY ASSET INVESTMENT	BUCKSPORT ENERGY ASSET INVESTMENT On February 28, 2014, Verso Bucksport Power LLC, an indirect, wholly owned subsidiary of Verso Holdings, purchased from Bucksport Energy LLC, for nominal consideration, its 72% undivided interest in the cogeneration power plant located at our Bucksport mill. Following the transaction, Verso Holdings owned, through two of our subsidiaries, the entire ownership interest in the cogeneration power plant. The acquisition was recorded as a step acquisition at the preliminary fair value of the cogeneration power plant in accordance with ASC 805, Business Combinations. The assets of Verso Bucksport Power LLC, are included in Assets held for sale in the accompanying consolidated balance sheet as of December 31, 2014 (see Note 4). On January 29, 2015, Verso closed the sale of substantially all of the assets at our Bucksport mill including the assets of Verso Bucksport Power LLC (see Note 21). Prior to February 28, 2014, we had a joint ownership interest with Bucksport Energy LLC in the cogeneration power plant producing steam and electricity. Each co-owner owned an undivided proportional share of the plant’s assets, and we accounted for this investment under the proportional consolidation method. We owned 28% of the steam and electricity produced by the plant and had the ability to purchase our remaining electrical needs from the plant at market rates. We were obligated to purchase the remaining 72% of the steam output from the plant at fuel cost plus a contractually fixed fee per unit of steam. Power generation and operating expenses were divided on the same basis as ownership, and were reflected in Cost of products sold in our accompanying consolidated statements of operations. Balances included in the balance sheet related to our proportional interest in this investment at December 31, 2013 , were as follows: (Dollars in thousands) Other receivables $ 281 Other assets (1) 214 Property, plant, and equipment $ 10,692 Accumulated depreciation (4,668 ) Net property, plant, and equipment $ 6,024 Current liabilities $ (83 ) (1) Represents primarily restricted cash which may be used only to fund the ongoing energy operations of this investment. In addition to the ownership interest, we were required to maintain an account for our portion of expected major maintenance activities of the plant. As of December 31, 2013, there was $2.3 million of restricted cash included in Intangibles and other assets in the accompanying consolidated balance sheets related to the maintenance account.

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGES	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGES	DERIVATIVE INSTRUMENTS AND HEDGES In the normal course of business, we utilize derivative contracts as part of our risk management strategy to manage our exposure to market fluctuations in energy prices. These instruments are subject to credit and market risks in excess of the amount recorded on the balance sheet in accordance with GAAP. Controls and monitoring procedures for these instruments have been established and are routinely reevaluated. Credit risk represents the potential loss that may occur because a party to a transaction fails to perform according to the terms of the contract. The measure of credit exposure is the replacement cost of contracts with a positive fair value. We manage credit risk by entering into financial instrument transactions only through approved counterparties. Market risk represents the potential loss due to the decrease in the value of a financial instrument caused primarily by changes in commodity prices. We manage market risk by establishing and monitoring limits on the types and degree of risk that may be undertaken. Derivative instruments are recorded on the balance sheet as other assets or other liabilities measured at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models may be applied. We enter into fixed-price energy swaps as hedges designed to mitigate the risk of changes in commodity and delivery prices for forecasted future purchase commitments. These fixed-price swaps involve the exchange of net cash settlements, based on changes in the price of the underlying commodity index compared to the fixed price offering, at specified intervals without the exchange of any underlying principal. All gains and losses from changes in the fair value of our derivative contracts are recognized immediately in Cost of products sold. The following table presents information about the volume and fair value amounts of our derivative instruments: March 31, 2015 December 31, 2014 Fair Value Assets/(Liabilities) Fair Value Assets/(Liabilities) (Dollars in millions) MMBTUs MMBTUs Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps: Notional amount 4,710,000 1,876,475 Accrued liabilities (4 ) (6 ) Other liabilities (1 ) — The following table presents information about the effect of our derivative instruments on the condensed consolidated statements of operations: Gain (Loss) Recognized on Derivatives Three Months Ended March 31, (Dollars in millions) 2015 2014 Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps $ (2 ) $ 13 Gain (loss) recognized on derivatives is included in Cost of products sold.	DERIVATIVE INSTRUMENTS AND HEDGES In the normal course of business, we utilize derivatives contracts as part of our risk management strategy to manage our exposure to market fluctuations in energy prices. These instruments are subject to credit and market risks in excess of the amount recorded on the balance sheet in accordance with GAAP. Controls and monitoring procedures for these instruments have been established and are routinely reevaluated. Credit risk represents the potential loss that may occur because a party to a transaction fails to perform according to the terms of the contract. The measure of credit exposure is the replacement cost of contracts with a positive fair value. We manage credit risk by entering into financial instrument transactions only through approved counterparties. Market risk represents the potential loss due to the decrease in the value of a financial instrument caused primarily by changes in commodity prices. We manage market risk by establishing and monitoring limits on the types and degree of risk that may be undertaken. Derivative instruments are recorded on the balance sheet as other assets or other liabilities measured at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models may be applied. For a cash flow hedge accounted for under ASC Topic 815, changes in the fair value of the derivative instrument, to the extent that it is effective, are recorded in Accumulated other comprehensive loss and are subsequently reclassified to earnings as the hedged transaction impacts net income. Any ineffective portion of a cash flow hedge is recognized currently in earnings. For hedges that are entered into as economic hedges, but not accounted for under ASC Topic 815, changes in the fair value of the derivative instrument are recorded in Cost of products sold in the current period. Cash flows from derivative contracts are reported as operating activities on the consolidated statements of cash flows. We enter into fixed-price energy swaps as hedges designed to mitigate the risk of changes in commodity and delivery prices for future forecasted purchase commitments. These fixed-price swaps involve the exchange of net cash settlements, based on changes in the price of the underlying commodity index compared to the fixed price offering, at specified intervals without the exchange of any underlying principal. Historically, we designated our energy hedging relationships as cash flow hedges under ASC Topic 815 with net gains or losses attributable to effective hedging recorded in Accumulated other comprehensive loss and any ineffectiveness recognized in Cost of products sold. One of the requirements that must be evaluated when determining whether a contract qualifies for hedge accounting treatment is whether or not the contract is deemed effective. A contract is deemed effective if the change in the fair value of the derivative contract offsets, within a specified range, the change in the anticipated cash flows of the hedged transaction. The effectiveness of a hedging relationship must be tested at inception and quarterly thereafter. If the relationship fails this test at any time, hedge accounting treatment must be discontinued prospectively. The requirements necessary to apply hedge accounting are complex and must be documented at the inception as well as throughout the term of the contract. If we fail to accurately document these requirements, the contract is not eligible for hedge accounting treatment. The accompanying financial statements reflect the discontinuation of hedge accounting for certain contracts that failed to qualify for hedge accounting during the first quarter of 2012. Additionally, effective April 1, 2012, management elected to de-designate the remaining energy swaps that had previously been designated as cash flow hedges and to discontinue hedge accounting prospectively. As a result, all gains and losses from changes in the fair value of our derivative contracts subsequent to March 31, 2012, are recognized immediately in Cost of products sold. Prior to March 31, 2012, to the extent the hedge was effective, the change in fair value was deferred through Accumulated other comprehensive loss. The amount recorded in Accumulated other comprehensive loss at the time a contract is de-designated is reclassified into Cost of products sold when the forecasted transaction occurs, or sooner if management determines that the forecasted transaction is probable of not occurring. Energy swaps continue to be utilized as economic hedges designed to mitigate the risk of changes in commodity and delivery prices for future energy purchase commitments. The following table presents information about the volume and fair value amounts of our derivative instruments: December 31, 2014 December 31, 2013 (Dollars in thousands) MMBTUs Fair Value MMBTUs Fair Value Derivative contracts not currently designated as hedging instruments Fixed price energy swaps: Notional amount 1,876,475 6,652,070 Prepaid expenses and other assets $ — $ 15,505 Accrued liabilities (6,268 ) (4,959 ) The following tables present information about the effect of our derivative instruments on Accumulated other comprehensive income and the consolidated statements of operations: Loss Recognized in Accumulated OCI Loss Reclassified from Accumulated OCI Year Ended December 31, (Dollars in thousands) 2014 2013 2012 2014 2013 2012 Derivative contracts designated as hedging instruments Fixed price energy swaps $ — $ — $ (1,365 ) $ — $ — $ (283 ) Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps $ — $ (335 ) $ (5,573 ) Loss reclassified from Accumulated OCI to earnings is included in Cost of products sold. Gain (Loss) Recognized on Derivatives Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Derivative contracts designated as hedging instruments Fixed price energy swaps $ — $ — $ (50 ) Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps $ 4,290 $ 16,117 $ (2,973 ) Gain (loss) recognized on derivatives is included in Cost of products sold.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS We use fair value measurements for the initial recording of certain assets and liabilities, periodic remeasurement of certain assets and liabilities, and disclosures. Fair value is generally defined as the exit price at which an asset or liability could be exchanged in a current transaction between willing, unrelated parties, other than in a forced or liquidation sale. The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions used to value the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows: ▪ Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. ▪ Level 2: Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. ▪ Level 3: Unobservable inputs reflecting management’s own assumption about the inputs used in pricing the asset or liability at the measurement date. The following table summarizes the balances of assets and liabilities measured at fair value on a recurring basis: (Dollars in millions) Total Level 1 Level 2 Level 3 March 31, 2015 Assets: Investments related to deferred compensation plans $ 4 $ 4 $ — $ — Liabilities: Commodity swaps $ 5 $ — $ 5 $ — December 31, 2014 Assets: Investments related to deferred compensation plans $ 4 $ 4 $ — $ — Liabilities: Commodity swaps $ 6 $ — $ 6 $ — Fair values are based on observable market data.	FAIR VALUE OF FINANCIAL INSTRUMENTS We use fair value measurements for the initial recording of certain assets and liabilities, periodic remeasurement of certain assets and liabilities, and disclosures. Fair value is generally defined as the exit price at which an asset or liability could be exchanged in a current transaction between willing, unrelated parties, other than in a forced or liquidation sale. The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions used to value the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows: ▪ Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. ▪ Level 2: Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. ▪ Level 3: Unobservable inputs reflecting management’s own assumption about the inputs used in pricing the asset or liability at the measurement date. The following table summarizes the balances of assets and liabilities measured at fair value on a recurring basis: (Dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2014 Assets: Investments related to deferred compensation plans $ 3,670 $ 3,670 $ — $ — Liabilities: Commodity swaps $ 6,268 $ — $ 6,268 $ — December 31, 2013 Assets: Commodity swaps $ 15,505 $ — $ 15,505 $ — Investments related to deferred compensation plans 3,495 3,495 — — Liabilities: Commodity swaps $ 4,959 $ — $ 4,959 $ — Fair values are based on observable market data.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Management Agreement — In connection with the acquisition of our business from International Paper Company on August 1, 2006, we entered into a management agreement with certain affiliates of Apollo Global Management, LLC, or “Apollo,” our majority owner, relating to the provision of certain financial and strategic advisory services and consulting services, which will expire on August 1, 2018 . Under the management agreement, at any time prior to the expiration of the agreement, Apollo has the right to act, in return for additional fees to be mutually agreed by the parties to the management agreement, as our financial advisor or investment banker for any merger, acquisition, disposition, financing or the like if we decide to engage someone to fill such role. In the event that we are not able to come to an agreement with Apollo in connection with such role, at the closing of any merger, acquisition, disposition or financing or any similar transaction, we have agreed to pay Apollo a fee equal to 1% of the aggregate enterprise value (including the aggregate value of equity securities, warrants, rights and options acquired or retained; indebtedness acquired, assumed or refinanced; and any other consideration or compensation paid in connection with such transaction). We agreed to indemnify Apollo and its affiliates and their directors, officers and representatives for losses relating to the services contemplated by the management agreement and the engagement of affiliates of Apollo pursuant to, and the performance by them of the services contemplated by, the management agreement. We made no payments to Apollo related to the management agreement in the three-month periods ended March 31, 2015 and 2014 , respectively. Verso Quinnesec Renewable Energy Project — On December 29, 2010, Verso Quinnesec REP LLC, an indirect, wholly owned subsidiary of Verso Holdings, entered into a financing transaction with Chase NMTC Verso Investment Fund, LLC, or the “Investment Fund,” a consolidated variable interest entity (see Note 12 ). Under this arrangement, Verso Holdings loaned $23 million to Verso Finance at an interest rate of 6.5% per year and with a maturity of December 29, 2040 , and Verso Finance, in turn, loaned the funds on similar terms to the Investment Fund. The Investment Fund then contributed the loan proceeds to certain community development entities, which, in turn, loaned the funds on similar terms to Verso Quinnesec REP LLC as partial financing for the renewable energy project at our mill in Quinnesec, Michigan. As of both March 31, 2015 , and December 31, 2014 , Verso Holdings had a $23 million long-term receivable due from Verso Finance, representing these funds and immaterial accrued interest receivable, while the Investment Fund had an outstanding loan of $23 million due to Verso Finance and immaterial accrued interest payable. In addition, for both the three-month periods ended March 31, 2015 and 2014 , Verso Holdings recognized immaterial interest income from Verso Finance and the Investment Fund recognized immaterial interest expense to Verso Finance.	RELATED PARTY TRANSACTIONS Management Agreement — In connection with the acquisition of our business from International Paper Company on August 1, 2006, we entered into a management agreement with certain affiliates of Apollo Global Management, LLC, or “Apollo,” our majority owner, relating to the provision of certain financial and strategic advisory services and consulting services, which will expire on August 1, 2018 . Under the management agreement, at any time prior to the expiration of the agreement, Apollo has the right to act, in return for additional fees to be mutually agreed by the parties to the management agreement, as our financial advisor or investment banker for any merger, acquisition, disposition, financing or the like if we decide to engage someone to fill such role. In the event that we are not able to come to an agreement with Apollo in connection with such role, at the closing of any merger, acquisition, disposition or financing or any similar transaction, we have agreed to pay Apollo a fee equal to 1% of the aggregate enterprise value (including the aggregate value of equity securities, warrants, rights and options acquired or retained; indebtedness acquired, assumed or refinanced; and any other consideration or compensation paid in connection with such transaction). We agreed to indemnify Apollo and its affiliates and their directors, officers and representatives for losses relating to the services contemplated by the management agreement and the engagement of affiliates of Apollo pursuant to, and the performance by them of the services contemplated by, the management agreement. We made no payments to Apollo related to the management agreement in 2014, 2013, or 2012. Distributions to Verso Finance — In 2013, Verso Holdings exchanged $85.8 million of the outstanding principal and accrued interest on the Senior Unsecured Term Loans for $72.9 million of 11.75% Senior Secured Notes due 2019. The principal and interest of the Senior Unsecured Term Loans remaining after the exchange was funded through cash payments by Verso Holdings. These transactions are reflected as a $94.9 million Return of capital in Verso Holdings’ statement of member’s equity. Verso Quinnesec Renewable Energy Project — In 2010, Verso Quinnesec REP LLC, an indirect, wholly owned subsidiary of Verso Holdings, entered into a financing transaction with Chase NMTC Verso Investment Fund, LLC, or the “Investment Fund,” a consolidated variable interest entity (see Note 18 – New Market Tax Credit Entities). Under this arrangement, Verso Holdings loaned $23.3 million to Verso Finance at an interest rate of 6.5% per year and with a maturity of December 29, 2040 , and Verso Finance, in turn, loaned the funds on similar terms to the Investment Fund. The Investment Fund then contributed the loan proceeds to certain community development entities, which, in turn, loaned the funds on similar terms to Verso Quinnesec REP LLC as partial financing for the renewable energy project at our mill in Quinnesec, Michigan. As of both December 31, 2014 , and 2013 , Verso Holdings had a $23.3 million long-term receivable due from Verso Finance, representing these funds and accrued interest receivable of $0.1 million , while the Investment Fund had an outstanding loan of $23.3 million due to Verso Finance and accrued interest payable of $0.1 million . In addition, for each of the years ended December 31, 2014 , 2013 , and 2012 , Verso Holdings recognized interest income from Verso Finance of $1.5 million and the Investment Fund recognized interest expense to Verso Finance of $1.5 million . Verso — Verso Holdings has made distributions to pay expenses on behalf of Verso. Distributions were negligible for 2014 and 2012 and $0.1 million for 2013 . In 2014 , Verso contributed $0.7 million to Verso Holdings and in 2012 , Verso forgave $0.8 million of advances made during prior years to Verso Holdings which was treated as a capital contribution from a parent.

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGES	RESTRUCTURING CHARGES Bucksport Mill Closure - On October 1, 2014, Verso announced plans to close our paper mill in Bucksport, Maine, and we ceased paper manufacturing operations in December 2014. The mill closure reduced Verso’s coated groundwood paper production capacity by approximately 350,000 tons and its specialty paper production capacity by approximately 55,000 tons. The following table details the charges incurred related primarily to the Bucksport mill closure in 2014 and attributable to the paper segment as included in Restructuring charges on our accompanying condensed consolidated statements of operations: Three Months Ended March 31, (Dollars in millions) 2015 Cumulative Property and equipment $ — $ 89 Severance and benefit costs — 27 Write-off of spare parts and inventory — 14 Write-off of purchase obligations and commitments 6 8 Other miscellaneous costs 3 6 Total restructuring costs $ 9 $ 144 The following details the changes in our restructuring reserve liabilities related to the Bucksport shutdown during the three months ended March 31, 2015 , which are included in Accrued liabilities on our condensed consolidated balance sheets: Three Months Ended March 31, (Dollars in millions) 2015 Beginning balance of reserve $ 24 Severance and benefit payments (21 ) Purchase obligations 6 Payments on purchase obligations (7 ) Severance and benefit reserve adjustments — Ending balance of reserve $ 2 NewPage Acquisition Restructuring - As part of the NewPage acquisition, Verso Holdings is executing a restructuring of its operations to integrate the historical Verso and NewPage operations, generate cost savings and capture synergies across the combined company. During the three-month period ended March 31, 2015 , we incurred restructuring charges related to severance and benefit costs associated with the restructuring of our operations of $13 million , of which $12 million was attributable to the paper segment. The following details the changes in our restructuring reserve liabilities related to the NewPage acquisition during the three months ended March 31, 2015 , which are included in Accrued liabilities on our condensed consolidated balance sheets: Three Months Ended March 31, (Dollars in millions) 2015 Beginning balance of reserve $ — Severance and benefit costs 13 Severance and benefit payments (2 ) Ending balance of reserve $ 11 There were no restructuring costs incurred during the three months ended March 31, 2014 .	RESTRUCTURING CHARGES On October 1, 2014, Verso announced plans to close our paper mill in Bucksport, Maine, and we ceased paper manufacturing operations in December 2014. The mill closure reduced Verso’s coated groundwood paper production capacity by approximately 350,000 tons and its specialty paper production capacity by approximately 55,000 tons. The following table details the charges incurred related primarily to the Bucksport mill closure in 2014 as included in Restructuring charges on our accompanying consolidated statements of operations: (Dollars in thousands) Year Ended December 31, 2014 Cumulative Incurred Property and equipment $ 88,728 $ 88,728 Severance and benefit costs 26,812 26,812 Write-off of spare parts, inventory and other assets 13,876 13,876 Write-off of purchase obligations and commitments 1,531 1,531 Other miscellaneous costs 3,539 3,539 Total restructuring charges $ 134,486 $ 134,486 The mill closure is expected to result in total pre-tax cash severance and other shutdown charges of approximately $40 - 45 million to be recorded in 2014 and 2015, and the amounts incurred in 2014 are reflected in restructuring charges as of December 31, 2014. The estimated cash charges consist of approximately $ 30 million in severance costs and personnel costs and approximately $10 - 15 million in other shutdown costs. Costs associated with shutdown activities are based on currently available information and reflect management’s best estimates; accordingly, actual cash costs and non-cash charges and their timing may differ from the estimates stated above. During 2012, we experienced a fire and explosion at our paper mill in Sartell, Minnesota. We completed a comprehensive assessment of the damage resulting from the fire and explosion and announced the decision to permanently close the mill in the 3rd quarter of 2012. The following table details the charges incurred related primarily to the mill closure in 2012 as included in Restructuring charges in our accompanying consolidated statements of operations: Year Ended December 31, (Dollars in thousands) 2013 2012 Cumulative Incurred Property and equipment $ — $ 66,521 $ 66,521 Severance and benefit costs 688 19,373 20,061 Write-off of spare parts and inventory — 6,934 6,934 Trademark impairment — 3,693 3,693 Purchase obligations and commitments (594 ) 2,420 1,826 Other miscellaneous costs 1,284 3,463 4,747 Total restructuring charges $ 1,378 $ 102,404 $ 103,782 The following details the changes in our associated restructuring reserve liabilities during the years ended December 31, 2014 and 2013 , which are included in Accrued liabilities on our consolidated balance sheets: Year Ended December 31, (Dollars in thousands) 2014 2013 Beginning balance of reserve $ — $ 5,098 Severance and benefit costs 25,768 196 Severance and benefit payments (3,118 ) (3,678 ) Purchase obligations 1,531 — Payments on purchase obligations — (561 ) Severance and benefit reserve adjustments — (461 ) Purchase obligation reserve adjustments — (594 ) Ending balance of reserve $ 24,181 $ — Severance and benefit costs incurred in excess of severance and benefits costs accrued in 2014 consist primarily of $1.0 million of pension expenses. In 2013 , severance and benefit costs incurred in excess of severance and benefits costs accrued were primarily the result of $0.5 million of salaries and benefit costs for employees continuing to provide services.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Expera Specialty Solutions, LLC — We are a party to a long-term supply agreement with Expera Specialty Solutions, LLC, or “Expera,” for the manufacture of specialty paper products on paper machine no. 5 at our Androscoggin mill in Jay, Maine. The agreement, which expires on June 1, 2017 , requires Expera to pay us a variable charge for the paper purchased and a fixed charge for the availability of the paper machine. We are responsible for the machine’s routine maintenance, and Expera is responsible for any capital expenditures specific to the machine. Expera has the right to terminate the agreement if certain events occur. General Litigation — We are involved from time to time in legal proceedings incidental to the conduct of our business. We do not believe that any liability that may result from these proceedings will have a material adverse effect on our financial statements.	COMMITMENTS AND CONTINGENCIES Operating Leases — We have entered into operating lease agreements, which expire at various dates through 2021 , primarily related to certain machinery and equipment used in our manufacturing process. Rental expense under operating leases amounted to $7.0 million , $9.8 million , and $9.2 million for the years ended December 31, 2014 , 2013 , and 2012 , respectively. The following table, as of December 31, 2014 , represents the future minimum rental payments due under non-cancelable operating leases that have initial or remaining lease terms in excess of one year: (Dollars in thousands) 2015 $ 2,776 2016 1,166 2017 649 2018 360 2019 217 Thereafter 33 Total $ 5,201 Purchase obligations — We have entered into unconditional purchase obligations in the ordinary course of business for the purchase of certain raw materials, energy, and services. The following table, as of December 31, 2014 , summarizes our unconditional purchase obligations. (Dollars in thousands) 2015 $ 55,828 2016 28,520 2017 26,973 2018 26,163 2019 26,163 Thereafter 95,258 Total $ 258,905 Severance Arrangements — Under our severance policy, and subject to certain terms and conditions, if the employment of a salaried employee or an hourly employee at the Quinnesec mill is terminated under specified circumstances, the employee is eligible to receive a termination allowance based on the employee’s applicable service and eligible pay. The termination allowance is equal to two weeks of eligible pay for each full or partial year of applicable service, and in any event is not less than four weeks of eligible pay and not more than 52 weeks of eligible pay. We also may elect to provide the employee with other severance benefits such as prorated and/or reduced incentive awards under our incentive plans and programs, subsidized continuation medical and dental insurance coverage, and outplacement services. Our executive officers are also entitled to receive additional severance benefits under their contracts with us in the event of the termination of their employment under certain circumstances. Expera Specialty Solutions, LLC — We are a party to a long-term supply agreement with Expera Specialty Solutions, LLC, or “Expera,” for the manufacture of specialty paper products on paper machine no. 5 at our Androscoggin mill in Jay, Maine. The agreement, which expires on June 1, 2017 , requires Expera to pay us a variable charge for the paper purchased and a fixed charge for the availability of the paper machine. We are responsible for the machine’s routine maintenance, and Expera is responsible for any capital expenditures specific to the machine. Expera has the right to terminate the agreement if certain events occur. General Litigation — We are involved from time to time in legal proceedings incidental to the conduct of our business. We do not believe that any liability that may result from these proceedings will have a material adverse effect on our financial statements. Acquisition Related Contingent Fees — In connection with the NewPage acquisition, we agreed to pay certain service providers contingent success fees of approximately $5.2 million . These fees were paid upon consummation of the NewPage acquisition.

NEW MARKET TAX CREDIT ENTITIES

NEW MARKET TAX CREDIT ENTITIES	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
NEW MARKET TAX CREDIT ENTITIES	NEW MARKET TAX CREDIT ENTITIES In December 2010, we entered into a financing transaction with Chase Community Equity, LLC, or “Chase,” related to a $43 million renewable energy project at our mill in Quinnesec, Michigan, in which Chase made a capital contribution and Verso Finance made a loan to Chase NMTC Verso Investment Fund, LLC, or the “Investment Fund,” under a qualified New Markets Tax Credit, or “NMTC,” program, provided for in the Community Renewal Tax Relief Act of 2000. By virtue of its contribution, Chase is entitled to substantially all of the benefits derived from the NMTCs. This transaction also includes a put/call provision whereby we may be obligated or entitled to repurchase Chase’s interest. We believe that Chase will exercise the put option in December 2017 at the end of the recapture period. The value attributed to the put/call is de minimis. The NMTC is subject to 100% recapture for a period of 7 years as provided in the Internal Revenue Code. We are required to be in compliance with various regulations and contractual provisions that apply to the NMTC arrangement. Non-compliance with applicable requirements could result in projected tax benefits not being realized and, therefore, could require us to indemnify Chase for any loss or recapture of NMTCs related to the financing until such time as our obligation to deliver tax benefits is relieved. We do not anticipate any credit recaptures will be required in connection with this arrangement. We have determined that the Investment Fund is a variable interest entity, or “VIE,” of which we are the primary beneficiary, and have consolidated it in accordance with the accounting standard for consolidation. Chase’s contribution, net of syndication fees, is included in Other liabilities in the accompanying condensed consolidated balance sheets. Direct costs incurred in structuring the financing arrangement are deferred and will be recognized as expense over the term of the loans. Incremental costs to maintain the structure during the compliance period are recognized as incurred. The following table summarizes the impact of the VIE consolidated by Verso Holdings as of March 31, 2015 , and December 31, 2014 : March 31, December 31, (Dollars in millions) 2015 2014 Total assets $ 23 $ 23 Long-term debt 23 23 Other non-current liabilities 8 8 Total liabilities $ 31 $ 31 Amounts presented in the condensed consolidated balance sheets and the table above are adjusted for intercompany eliminations.	NEW MARKET TAX CREDIT ENTITIES In 2010, we entered into a financing transaction with Chase Community Equity, LLC, or “Chase,” related to a $43 million renewable energy project at our mill in Quinnesec, Michigan, in which Chase made a capital contribution and Verso Finance made a loan to Chase NMTC Verso Investment Fund, LLC, or the “Investment Fund,” under a qualified New Markets Tax Credit, or “NMTC,” program, provided for in the Community Renewal Tax Relief Act of 2000. In connection with the financing, Verso Holdings loaned $23.3 million to Verso Finance at an interest rate of 6.5% per year and with a maturity of December 29, 2040 , and Verso Finance, in turn, loaned the funds on similar terms to the Investment Fund. The Investment Fund then contributed the loan proceeds to certain CDEs, which, in turn, loaned the funds on similar terms to Verso Quinnesec REP LLC, our indirect, wholly owned subsidiary. The proceeds of the loans from the CDEs (including loans representing the capital contribution made by Chase, net of syndication fees) were used to partially fund the renewable energy project. By virtue of its contribution, Chase is entitled to substantially all of the benefits derived from the NMTCs. This transaction includes a put/call provision whereby we may be obligated or entitled to repurchase Chase’s interest. We believe that Chase will exercise the put option in December 2017 at the end of the recapture period. The value attributed to the put/call is de minimis. The NMTC is subject to 100% recapture for a period of 7 years as provided in the Internal Revenue Code. We are required to be in compliance with various regulations and contractual provisions that apply to the NMTC arrangement. Non-compliance with applicable requirements could result in projected tax benefits not being realized and, therefore, could require us to indemnify Chase for any loss or recapture of NMTCs related to the financing until such time as our obligation to deliver tax benefits is relieved. We do not anticipate any credit recaptures will be required in connection with this arrangement. We have determined that the Investment Fund is a variable interest entity, or “VIE,” of which we are the primary beneficiary and have consolidated it in accordance with the accounting standard for consolidation. Chase’s contribution, net of syndication fees, is included in Other liabilities in the accompanying consolidated balance sheets. Direct costs incurred in structuring the financing arrangement are deferred and will be recognized as expense over the term of the loans. Incremental costs to maintain the structure during the compliance period are recognized as incurred. The following table summarizes the impact of the VIE consolidated by Verso Holdings as of December 31, 2014 and 2013 : December 31, (Dollars in thousands) 2014 2013 Current assets $ 14 $ 15 Non-current assets 23,390 23,390 Total assets $ 23,404 $ 23,405 Current liabilities 141 141 Long-term debt 23,305 23,305 Other non-current liabilities 7,923 7,923 Total liabilities $ 31,369 $ 31,369 Amounts presented in the consolidated balance sheets and the table above are adjusted for intercompany eliminations. The asset held by Verso Holdings represents its investment in the loan to Verso Finance. The liability of Verso Holdings represents the loan issued by the Investment Fund to Verso Finance.

INFORMATION BY INDUSTRY SEGMENT

INFORMATION BY INDUSTRY SEGMENT	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Segment Reporting [Abstract]
INFORMATION BY INDUSTRY SEGMENT	INFORMATION BY INDUSTRY SEGMENT In January 2015, as a result of the NewPage acquisition, Verso Holdings reorganized its reportable segments as a result of a change in the way the Chief Executive Officer, who serves as the Chief Operating Decision Maker, or “CODM,” manages and evaluates the business. Based on the information that the CODM utilizes to manage and evaluate the business, it was determined that the operating segments represent two segments, paper and pulp. Our paper segment now includes the historical coated and other segments. As a result of these changes in segment reporting, all historical segment information has been revised to conform to the new presentation, with no resulting impact on the condensed consolidating results of operations. Our paper products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications such as high-end advertising brochures, annual reports, and direct-mail advertising. Our market kraft pulp is used to manufacture printing, writing, and specialty paper grades and tissue products. Our assets are utilized across segments in our integrated mill system and are not identified by segment or reviewed by management on a segment basis. We operate primarily in one geographic segment, North America. The following table summarizes the industry segment data for the three-month periods ended March 31, 2015 and 2014 : Three Months Ended March 31, (Dollars in millions) 2015 2014 Net sales Paper $ 748 $ 263 Pulp 63 36 Intercompany Eliminations (5 ) — Total $ 806 $ 299 Operating loss Paper $ (44 ) $ (51 ) Pulp (12 ) 4 Total $ (56 ) $ (47 ) Depreciation, amortization, and depletion Paper $ 51 $ 21 Pulp 6 5 Total $ 57 $ 26 Capital expenditures Paper $ 7 $ 13 Pulp 2 3 Total $ 9 $ 16 Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation.	INFORMATION BY INDUSTRY SEGMENT In January 2015, as a result of the NewPage acquisition, Verso Holdings reorganized its reportable segments as a result of a change in the way the Chief Executive Officer, who serves as the Chief Operating Decision Maker, or “CODM,” manages and evaluates the business. Based on the information that the CODM utilizes to manage and evaluate the business, it was determined that the operating segments represent two segments, paper and pulp. Our paper segment now includes the historical coated and other segments. As a result of these changes in segment reporting, all historical segment information has been revised to conform to the new presentation, with no resulting impact on the consolidated results of operations. Our paper products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications such as high-end advertising brochures, annual reports, and direct-mail advertising. Our market kraft pulp is used to manufacture printing, writing, and specialty paper grades and tissue products. Our assets are utilized across segments in our integrated mill system and are not identified by segment or reviewed by management on a segment basis. We operate primarily in one geographic segment, North America. The following table summarizes the industry segments for the years ended December 31, 2014 , 2013 , and 2012 : Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Net Sales: Paper $ 1,135,962 $ 1,232,800 $ 1,333,796 Pulp 160,651 156,099 140,816 Total $ 1,296,613 $ 1,388,899 $ 1,474,612 Operating (Loss) Income: Paper $ (193,667 ) $ 12,360 $ (41,585 ) Pulp 18,950 21,540 9,215 Total $ (174,717 ) $ 33,900 $ (32,370 ) Depreciation, Amortization, and Depletion: Paper $ 75,572 $ 86,605 $ 100,178 Pulp 15,325 18,125 18,000 Total $ 90,897 $ 104,730 $ 118,178 Capital Spending: Paper $ 32,338 $ 34,908 $ 60,234 Pulp 9,625 5,752 (325 ) Total $ 41,963 $ 40,660 $ 59,909 (1) Operating loss of the paper segment includes $134.5 million in Restructuring charges recognized in 2014. Operating loss of $102.4 million in Restructuring charges, offset by $60.6 million in Other operating income, was recognized in 2012 and attributed to the paper segment. (2) Capital spending of the pulp segment includes the impact of a $14.7 million cash inflow received in 2012 from governmental grants associated with a renewable energy project at our mill in Quinnesec, Michigan, due to spending in 2011.

CONDENSED CONSOLIDATING FINANCI

CONDENSED CONSOLIDATING FINANCIAL INFORMATION	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
CONDENSED CONSOLIDATING FINANCIAL INFORMATION	CONDENSED CONSOLIDATING FINANCIAL INFORMATION Presented below are Verso Holdings’ consolidating balance sheets, statements of operations and comprehensive income, and statements of cash flows, as required by Rule 3-10 of Regulation S-X of the Securities Exchange Act of 1934, as amended. The consolidating financial statements have been prepared from Verso Holdings’ financial information on the same basis of accounting as the condensed consolidated financial statements. Investments in our subsidiaries are accounted for under the equity method. Accordingly, the entries necessary to consolidate Verso Holdings’ subsidiaries that guaranteed the obligations under the debt securities described below are reflected in the Eliminations column. Verso Holdings, or the “Parent Issuer,” and its direct, 100% owned subsidiary, Verso Paper Inc., or the “Subsidiary Issuer,” are the issuers of the 11.75% Senior Secured Notes due 2019 , the 11.75% Secured Notes due 2019 , the 13% Second Priority Senior Secured Notes due 2020, the 16% Senior Subordinated Notes due 2020, the 8.75% Second Priority Senior Secured Notes due 2019 , the 11.38% Senior Subordinated Notes due 2016 , or collectively, the “Notes.” In accordance with ASU 2013-04 related to joint and several liability arrangements, the Notes have been recorded by the Parent Issuer as it is the intent of the issuers for the Parent Issuer to settle the obligation. The Notes are jointly and severally guaranteed on a full and unconditional basis by the Parent Issuer’s direct and indirect, 100% owned subsidiaries, excluding the Subsidiary Issuer, NewPage Corporation, Bucksport Leasing LLC, Verso Quinnesec REP LLC, Verso Bucksport Power LLC, and Verso Androscoggin Power LLC, or collectively, the “Guarantor Subsidiaries.” As of March 31, 2015, NewPage Corporation is presented as a Non-Guarantor Subsidiary. Chase NMTC Verso Investment Fund, LLC, a consolidated VIE of Verso Holdings, and all other entities specifically aforementioned are in “Other.” Verso Paper Holdings LLC Condensed Consolidating Balance Sheet March 31, 2015 Parent Subsidiary Guarantor Non- Guarantor (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 5 $ 9 $ — $ — $ 14 Accounts receivable, net — — 86 194 — — 280 Inventories — — 121 415 — — 536 Prepaid expenses and other assets — — 8 22 — — 30 Current assets — — 220 640 — — 860 Property, plant, and equipment, net — — 494 1,536 23 — 2,053 Intercompany/affiliate receivable 1,380 — 8 19 31 (1,438 ) — Intangibles and other assets, net (1) — — 87 55 1 (5 ) 138 Total assets $ 1,380 $ — $ 809 $ 2,250 $ 55 $ (1,443 ) $ 3,051 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 52 $ 154 $ — $ — $ 206 Accrued liabilities 43 — 69 131 — — 243 Current maturities of long-term debt — — — 13 — — 13 Current liabilities 43 — 121 298 — — 462 Intercompany/affiliate payable — — 1,399 4 35 (1,438 ) — Investment in subsidiaries 187 — 14 — — (201 ) — Long-term debt (2) 1,956 — 836 23 (5 ) 2,810 Other liabilities — — 53 524 8 — 585 Member’s (deficit) equity (806 ) — (778 ) 588 (11 ) 201 (806 ) Total liabilities and equity $ 1,380 $ — $ 809 $ 2,250 $ 55 $ (1,443 ) $ 3,051 (1) Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. Verso Paper Holdings LLC Condensed Consolidating Balance Sheet December 31, 2014 Parent Subsidiary Guarantor Non- Guarantor (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 6 $ — $ — $ — $ 6 Accounts receivable, net — — 88 — — — 88 Inventories — — 110 — — — 110 Assets held for sale — — 60 — 1 — 61 Prepaid expenses and other assets — — 9 — 2 — 11 Current assets — — 273 — 3 — 276 Property, plant, and equipment, net — — 508 — 23 — 531 Intercompany/affiliate receivable 1,397 — 2 — 58 (1,457 ) — Intangibles and other assets, net (1) — — 93 — 1 — 94 Total assets $ 1,397 $ — $ 876 $ — $ 85 $ (1,457 ) $ 901 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 63 $ — $ — $ — $ 63 Accrued liabilities 77 — 128 — 1 — 206 Current maturities of long-term debt — — — — 30 — 30 Liabilities related to assets held for sale — — 2 — — — 2 Current liabilities 77 — 193 — 31 — 301 Intercompany/affiliate payable — — 1,423 — 34 (1,457 ) — Investment in subsidiaries 803 — 13 — — (816 ) — Long-term debt (2) 1,297 — — — 23 — 1,320 Other liabilities — — 52 — 8 — 60 Member’s (deficit) equity (780 ) — (805 ) — (11 ) 816 (780 ) Total liabilities and equity $ 1,397 $ — $ 876 $ — $ 85 $ (1,457 ) $ 901 (1) Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. (3) Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation. Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Three Months Ended March 31, 2015 Parent Subsidiary Guarantor Non- (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net sales $ — $ — $ 258 $ 553 $ 1 $ (6 ) $ 806 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 239 495 — (6 ) 728 Depreciation, amortization, and depletion — — 17 40 — — 57 Selling, general, and administrative expenses — — 27 28 — — 55 Restructuring charges — — 15 7 — — 22 Other operating income — — (12 ) 12 — — — Interest income (47 ) — — — — 47 — Interest expense 47 — 47 18 1 (47 ) 66 Equity in net loss of subsidiaries (122 ) — — — — 122 — Net loss $ (122 ) $ — $ (75 ) $ (47 ) $ — $ 122 $ (122 ) Other comprehensive income — — — — — — — Comprehensive loss $ (122 ) $ — $ (75 ) $ (47 ) $ — $ 122 $ (122 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Three Months Ended March 31, 2014 Parent Subsidiary Guarantor Non- (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net sales $ — $ — $ 299 $ — $ — $ — $ 299 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 302 — — — 302 Depreciation, amortization, and depletion — — 26 — — — 26 Selling, general, and administrative expenses — — 18 — — — 18 Interest income (35 ) — — — — 35 — Interest expense 35 — 34 — — (35 ) 34 Other loss, net — — 10 — — — 10 Equity in net loss of subsidiaries (91 ) — — — — 91 — Net loss $ (91 ) $ — $ (91 ) $ — $ — $ 91 $ (91 ) Other comprehensive income — — — — — — — Comprehensive loss $ (91 ) $ — $ (91 ) $ — $ — $ 91 $ (91 ) Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation. Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2015 Parent Subsidiary Guarantor Non- (Dollars in thousands) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net cash used in operating activities $ — $ — $ (124 ) $ (80 ) $ — $ — $ (204 ) Cash flows from investing activities: Proceeds from sale of assets — — 50 1 — — 51 Transfers from (to) restricted cash — — 2 — — — 2 Capital expenditures — — (3 ) (6 ) — — (9 ) Acquisition, net of cash acquired — — — 128 — — 128 Investment in parent securities — — — (5 ) — — (5 ) Return of capital to Parent Issuer 73 — — — — (73 ) — Advances to subsidiaries (178 ) — — — — 178 — Payments from subsidiaries 74 — — — — (74 ) — Net cash (used in) provided by investing activities (31 ) — 49 118 — 31 167 Cash flows from financing activities: Borrowings on revolving credit facilities 75 — — 242 — — 317 Payments on revolving credit facilities (44 ) — — (198 ) (30 ) — (272 ) Return of capital to Parent Issuer — — — (73 ) — 73 — Advances from parent — — 148 — 30 (178 ) — Payments to parent — — (74 ) — — 74 — Net cash provided by (used in) financing activities 31 — 74 (29 ) — (31 ) 45 Change in cash and cash equivalents — — (1 ) 9 — — 8 Cash and cash equivalents at beginning of period — — 6 — — — 6 Cash and cash equivalents at end of period $ — $ — $ 5 $ 9 $ — $ — $ 14 Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2014 Non- Parent Subsidiary Guarantor Guarantor (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net cash used in operating activities $ — $ — $ (96 ) $ — $ — $ — $ (96 ) Cash flows from investing activities: Transfers to restricted cash — — 2 — — — 2 Capital expenditures — — (16 ) — — — (16 ) Other investing activities — — 5 — — — 5 Advances to subsidiaries (135 ) — — — — 135 — Payments from subsidiaries 37 — — — — (37 ) — Net cash used in investing activities (98 ) — (9 ) — — 98 (9 ) Cash flows from financing activities: Borrowings on revolving credit facilities 135 — — — — — 135 Payments on revolving credit facilities (37 ) — — — — — (37 ) Advances from parent — — 135 — — (135 ) — Payments to parent — — (37 ) — — 37 — Net cash provided by financing activities 98 — 98 — — (98 ) 98 Change in cash and cash equivalents — — (7 ) — — — (7 ) Cash and cash equivalents at beginning of period — — 11 — — — 11 Cash and cash equivalents at end of period $ — $ — $ 4 $ — $ — $ — $ 4 Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation.	CONDENSED CONSOLIDATING FINANCIAL INFORMATION Presented below are Verso Holdings’ consolidating balance sheets, statements of operations and comprehensive income, and statements of cash flows, as required by Rule 3-10 of Regulation S-X of the Securities Exchange Act of 1934, as amended. The consolidating financial statements have been prepared from Verso Holdings’ financial information on the same basis of accounting as the consolidated financial statements. Investments in our subsidiaries are accounted for under the equity method. Accordingly, the entries necessary to consolidate Verso Holdings’ subsidiaries that guaranteed the obligations under the debt securities described below are reflected in the Eliminations column. Verso Holdings, or the “Parent Issuer,” and its direct, 100% owned subsidiary, Verso Paper Inc., or the “Subsidiary Issuer,” are the issuers of 11.75% Senior Secured Notes due 2019 , the 11.75% Secured Notes due 2019 , the 8.75% Second Priority Senior Secured Notes due 2019 , the Second Priority Adjustable Senior Secured Notes, the 11.38% Senior Subordinated Notes due 2016 , and the Adjustable Senior Subordinated Notes, or collectively, the “Notes.” In accordance with ASU 2013-04 related to joint and several liability arrangements, the Notes have been recorded by the Parent Issuer as it is the intent of the issuers for the Parent Issuer to settle the obligation. The Notes are jointly and severally guaranteed on a full and unconditional basis by the Parent Issuer’s direct and indirect, 100% owned subsidiaries, excluding the Subsidiary Issuer, Bucksport Leasing LLC, Verso Quinnesec REP LLC, Verso Bucksport Power LLC, and Verso Androscoggin Power LLC, or collectively, the “Guarantor Subsidiaries.” Chase NMTC Verso Investment Fund, LLC, a consolidated VIE of Verso Holdings, is a “Non-Guarantor Affiliate.” Verso Paper Holdings LLC Condensed Consolidating Balance Sheet December 31, 2014 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 5,526 $ 5 $ 10 $ — $ 5,541 Accounts receivable, net — — 87,866 — — — 87,866 Inventories — — 110,724 — — — 110,724 Assets held for sale — — 60,014 950 — — 60,964 Prepaid expenses and other assets — — 9,308 1,500 4 — 10,812 Current assets — — 273,438 2,455 14 — 275,907 Property, plant, and equipment, net — — 507,619 23,206 — (288 ) 530,537 Intercompany/affiliate receivable 1,396,872 — 2,335 26,417 31,153 (1,456,777 ) — Intangibles and other assets, net (1) — — 93,311 1,101 85 — 94,497 Total assets $ 1,396,872 $ — $ 876,703 $ 53,179 $ 31,252 $ (1,457,065 ) $ 900,941 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 62,799 $ — $ 15 $ — $ 62,814 Accrued liabilities 77,581 — 127,432 374 126 — 205,513 Current maturities of long-term debt — — — 30,000 — — 30,000 Liabilities related to assets held for sale — — 2,198 — — — 2,198 Current liabilities 77,581 — 192,429 30,374 141 — 300,525 Intercompany/affiliate payable — — 1,423,289 33,488 — (1,456,777 ) — Investment in subsidiaries 802,702 — 13,341 — — (816,043 ) — Long-term debt (2) 1,296,906 — — — 23,305 — 1,320,211 Other liabilities — — 52,599 — 8,142 (219 ) 60,522 Member's (deficit) equity (780,317 ) — (804,955 ) (10,683 ) (336 ) 815,974 (780,317 ) Total liabilities and equity $ 1,396,872 $ — $ 876,703 $ 53,179 $ 31,252 $ (1,457,065 ) $ 900,941 (1) Intangibles and other assets, net of Guarantor Subsidiaries includes $23.3 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. Verso Paper Holdings LLC Condensed Consolidating Balance Sheet December 31, 2013 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 11,230 $ — $ 10 $ — $ 11,240 Accounts receivable, net — — 104,624 — — — 104,624 Inventories — — 137,687 — — — 137,687 Assets held for sale — — 50 — — — 50 Prepaid expenses and other assets — — 20,616 — 5 — 20,621 Current assets — — 274,207 — 15 — 274,222 Property, plant, and equipment, net — — 724,063 19,171 — (288 ) 742,946 Intercompany/affiliate receivable 1,335,323 — 1,393 — 31,153 (1,367,869 ) — Intangibles and other assets, net (1) — — 103,424 1,251 85 — 104,760 Total assets $ 1,335,323 $ — $ 1,103,087 $ 20,422 $ 31,253 $ (1,368,157 ) $ 1,121,928 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 88,397 $ — $ 15 $ — $ 88,412 Accrued liabilities 58,847 — 63,462 — 126 — 122,435 Current maturities of long-term debt 13,310 — — — — — 13,310 Current liabilities 72,157 — 151,859 — 141 — 224,157 Intercompany/affiliate payable — — 1,335,323 32,546 — (1,367,869 ) — Investment in subsidiaries (3) 439,125 — 12,124 — — (451,249 ) — Long-term debt (2) 1,235,167 — — — 23,305 — 1,258,472 Other liabilities — — 42,502 — 8,087 (164 ) 50,425 Member's (deficit) equity (411,126 ) — (438,721 ) (12,124 ) (280 ) 451,125 (411,126 ) Total liabilities and equity $ 1,335,323 $ — $ 1,103,087 $ 20,422 $ 31,253 $ (1,368,157 ) $ 1,121,928 (1) Intangibles and other assets, net of Guarantor Subsidiaries includes $23.3 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. (3) Investment in subsidiaries has been corrected to reflect presentation as a liability in conformity with current year presentation. Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Year Ended December 31, 2014 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net sales $ — $ — $ 1,296,613 $ 3,098 $ — $ (3,098 ) $ 1,296,613 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 1,177,981 1,119 — (3,098 ) 1,176,002 Depreciation, amortization, and depletion — — 89,509 1,388 55 (55 ) 90,897 Selling, general, and administrative expenses — — 71,336 (1,422 ) 31 — 69,945 Restructuring charges — — 134,486 — — — 134,486 Interest income (141,246 ) — (1,517 ) — (1,546 ) 142,792 (1,517 ) Interest expense 141,246 — 139,385 4,492 1,515 (142,792 ) 143,846 Other loss, net — — 38,898 — — — 38,898 Equity in net loss of subsidiaries (355,944 ) — — — — 355,944 — Net loss $ (355,944 ) $ — $ (353,465 ) $ (2,479 ) $ (55 ) $ 355,999 $ (355,944 ) Other comprehensive loss (15,682 ) — (15,682 ) — — 15,682 (15,682 ) Comprehensive loss $ (371,626 ) $ — $ (369,147 ) $ (2,479 ) $ (55 ) $ 371,681 $ (371,626 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Year Ended December 31, 2013 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net sales $ — $ — $ 1,388,899 $ — $ — $ — $ 1,388,899 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 1,179,085 — — — 1,179,085 Depreciation, amortization, and depletion — — 103,655 1,075 55 (55 ) 104,730 Selling, general, and administrative expenses — — 75,452 (1,707 ) 32 — 73,777 Restructuring charges — — 1,378 — — — 1,378 Other operating income — — (3,971 ) — — — (3,971 ) Interest income (138,298 ) — (1,539 ) — (1,546 ) 139,844 (1,539 ) Interest expense 138,298 — 137,083 1,574 1,515 (139,844 ) 138,626 Other loss, net 2,800 — 5,165 — — — 7,965 Equity in net loss of subsidiaries (108,352 ) — — — — 108,352 — Net loss $ (111,152 ) $ — $ (107,409 ) $ (942 ) $ (56 ) $ 108,407 $ (111,152 ) Other comprehensive income 13,838 — 13,838 — — (13,838 ) 13,838 Comprehensive loss $ (97,314 ) $ — $ (93,571 ) $ (942 ) $ (56 ) $ 94,569 $ (97,314 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Year Ended December 31, 2012 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net sales $ — $ — $ 1,474,612 $ — $ — $ — $ 1,474,612 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 1,272,630 — — — 1,272,630 Depreciation, amortization, and depletion — — 117,014 1,164 55 (55 ) 118,178 Selling, general, and administrative expenses — — 76,039 (1,707 ) 32 — 74,364 Restructuring charges — — 102,404 — — — 102,404 Other operating income — — (60,594 ) — — — (60,594 ) Interest income (129,801 ) — (1,523 ) — (1,546 ) 131,347 (1,523 ) Interest expense 129,801 — 126,399 1,575 1,515 (131,347 ) 127,943 Other loss, net 8,244 — (864 ) — — — 7,380 Equity in net loss of subsidiaries $ (157,926 ) $ — $ — $ — $ — $ 157,926 $ — Net loss (166,170 ) — (156,893 ) (1,032 ) (56 ) 157,981 (166,170 ) Other comprehensive income 3,385 $ — 3,385 $ — $ — (3,385 ) 3,385 Comprehensive loss $ (162,785 ) $ — $ (153,508 ) $ (1,032 ) $ (56 ) $ 154,596 $ (162,785 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Year Ended December 31, 2014 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net cash used in operating activities $ — $ — $ (60,051 ) $ 1,708 $ — $ — $ (58,343 ) Cash flows from investing activities: Proceeds from sale of assets — — 766 43 — — 809 Transfers (to) from restricted cash — — 2,222 (1,378 ) — — 844 Capital expenditures — — (41,743 ) (220 ) — — (41,963 ) Other investing activities — — 15,020 — — — 15,020 Advances to subsidiaries (326,680 ) — — — — 326,680 — Payments from subsidiaries 276,311 — — — — (276,311 ) — Net cash used in investing activities (50,369 ) — (23,735 ) (1,555 ) — 50,369 (25,290 ) Cash flows from financing activities: Borrowings on revolving credit facilities 298,250 — — 135,199 — — 433,449 Payments on revolving credit facilities (235,250 ) — — (105,199 ) — — (340,449 ) Repayments of long-term debt (13,310 ) — — — — — (13,310 ) Contribution from Verso 717 — — — — — 717 Cash distributions (38 ) — — — — — (38 ) Return of capital to parent (1,296 ) 1,296 — Debt issuance costs — — — (2,435 ) — — (2,435 ) Advances from parent — — 326,680 — — (326,680 ) — Payments to parent (248,598 ) (26,417 ) 275,015 — Net cash provided by (used in) financing activities 50,369 — 78,082 (148 ) — (50,369 ) 77,934 Change in cash and cash equivalents — — (5,704 ) 5 — — (5,699 ) Cash and cash equivalents at beginning of period — — 11,230 — 10 — 11,240 Cash and cash equivalents at end of period $ — $ — $ 5,526 $ 5 $ 10 $ — $ 5,541 Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Year Ended December 31, 2013 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net cash used in operating activities $ — $ — $ (27,609 ) $ 154 $ (7 ) $ — $ (27,462 ) Cash flows from investing activities: Proceeds from sale of assets — — 28,397 — — — 28,397 Transfers to restricted cash — — (1,338 ) (154 ) — — (1,492 ) Capital expenditures — — (40,660 ) — — — (40,660 ) Return of capital to Parent Issuer 8,653 — — — — (8,653 ) — Advances to subsidiaries (145,000 ) — — — — 145,000 — Payments from subsidiaries 145,360 — — — — (145,360 ) — Net cash provided by (used in) investing activities 9,013 — (13,601 ) (154 ) — (9,013 ) (13,755 ) Cash flows from financing activities: Borrowings on revolving credit facilities 145,000 — — — — — 145,000 Payments on revolving credit facilities (145,000 ) — — — — — (145,000 ) Debt issuance costs (220 ) — — — — — (220 ) Return of capital to Verso (8,653 ) — — — — — (8,653 ) Cash distributions (140 ) — — — — — (140 ) Return of capital to Parent Issuer — — (8,653 ) — — 8,653 — Advances from parent — — 145,000 — — (145,000 ) — Payments to parent — — (145,360 ) — — 145,360 — Net cash used in financing activities (9,013 ) — (9,013 ) — — 9,013 (9,013 ) Change in cash and cash equivalents — — (50,223 ) — (7 ) — (50,230 ) Cash and cash equivalents at beginning of period — — 61,453 — 17 — 61,470 Cash and cash equivalents at end of period $ — $ — $ 11,230 $ — $ 10 $ — $ 11,240 Advances to and payments from subsidiaries amounts have been corrected to be presented in investing activities in conformity with current year presentation. Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Year Ended December 31, 2012 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net cash provided by operating activities $ — $ — $ 9,449 $ 1,909 $ (56 ) $ — $ 11,302 Cash flows from investing activities: Proceeds from insurance settlement — — 51,003 — — — 51,003 Proceeds from sale of fixed assets — — 1,731 — — — 1,731 Transfers (to) from restricted cash — — 184 (78 ) — — 106 Capital expenditures — — (68,585 ) 8,676 — — (59,909 ) Advances to subsidiaries (454,467 ) — — — — 454,467 — Payment from subsidiaries 492,025 — 10,507 — — (502,532 ) — Net cash provided by (used in) investing activities 37,558 — (5,160 ) 8,598 — (48,065 ) (7,069 ) Cash flows from financing activities: Borrowings on revolving credit facilities 112,500 — — — — — 112,500 Payments on revolving credit facilities (112,500 ) — — — — — (112,500 ) Proceeds from long-term debt 341,191 — — — — — 341,191 Repayments of long-term debt (354,984 ) — — — — — (354,984 ) Debt issuance costs (24,459 ) — — — (24,459 ) Contribution from parent 776 — — — — — 776 Cash distributions (82 ) — — (10,507 ) — 10,507 (82 ) Advances from parent — — 454,467 — — (454,467 ) — Payments to parent — — (492,025 ) — — 492,025 — Net cash used in financing activities (37,558 ) — (37,558 ) (10,507 ) — 48,065 (37,558 ) Change in cash and cash equivalents — — (33,269 ) — (56 ) — (33,325 ) Cash and cash equivalents at beginning of period — — 94,722 — 73 — 94,795 Cash and cash equivalents at end of period $ — $ — $ 61,453 $ — $ 17 $ — $ 61,470 Advances to and payments from subsidiaries amounts have been corrected to be presented in investing activities in conformity with current year presentation.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On January 7, 2015, Verso Holdings consummated the previously announced NewPage acquisition pursuant to the Merger Agreement. As a result of the merger, NewPage became a wholly owned subsidiary of Verso Holdings. The NewPage acquisition provides Verso Holdings with assets in a complementary geographic area, a broader portfolio of products, and strategic flexibility to reduce operating costs and enhance our financial condition. As consideration for the NewPage acquisition, Verso Holdings issued (a) $650.0 million aggregate principal amount of New First Lien Notes and (b) 13,607,693 shares of Verso common stock in exchange for all the outstanding common stock of NewPage. Also in connection with the NewPage acquisition, we assumed NewPage’s existing $750 million Term Loan Facility and $350 million ABL Facility of which $734 million and $100 million , respectively were outstanding as of the date of acquisition. As of January 7, 2015, the Term Loan Facility principal payments due in 2015 were $3 million . Also, as a condition of allowing the acquisition to proceed, the Antitrust Division of the U.S. Department of Justice entered into a settlement with the Company that required NewPage to divest its paper mills in Biron, Wisconsin, and Rumford, Maine, which occurred prior to the acquisition of NewPage. Verso Holdings will account for the acquisition under ASC 805, “Business Combinations,” as the accounting acquirer. NewPage’s results of operations will be included in Verso Holdings’ consolidated financial statements beginning with the date of acquisition. Given the limited time since the date of acquisition, it was not practicable to determine pro forma financial information. Concurrent with the completion of the acquisition of NewPage, as described in Note 8, the aggregate principal outstanding on the Adjustable Second Lien Notes and the Adjustable Subordinated Notes were adjusted pursuant to the terms of the Exchange Offer. On January 29, 2015, two Verso subsidiaries consummated the sale of their equity interests in two other Verso subsidiaries that owned the Bucksport mill to AIM Development (USA) LLC, an indirect, wholly owned subsidiary of American Iron & Metal Company Inc., or “AIM.”

Schedule II - Valuation Account

Schedule II - Valuation Accounts	12 Months Ended
	Dec. 31, 2014
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation Accounts	(Dollars in thousands) Balance at Beginning of Period Charged to Cost and Expenses Charge-off Against Allowances Balance at End of Period Allowance for uncollectible accounts included in Accounts receivable on the consolidated balance sheets Year Ended December 31, 2012 $ 908 $ 98 $ — $ 1,006 Year Ended December 31, 2013 $ 1,006 $ 263 $ (526 ) $ 743 Year Ended December 31, 2014 $ 743 $ (125 ) $ — $ 618

SUMMARY OF BUSINESS AND SIGNI31

SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Nature of Business	Nature of Business — The accompanying consolidated financial statements for Verso Paper Holdings LLC, a Delaware limited liability company, or “Verso Holdings,” include the accounts of Verso Holdings and its subsidiaries. Verso Paper Finance Holdings LLC, or “Verso Finance,” is our sole member and direct parent. As used in this report, the term “Verso” refers to Verso Corporation; the term “NewPage” refers to NewPage Holdings Inc., a Delaware corporation, which is an indirect, wholly owned subsidiary of Verso pursuant to the Merger Agreement (see below); the term “NewPage Corp” refers to NewPage Corporation, a Delaware corporation, which is an indirect, wholly owned subsidiary of NewPage; and the term for any such entity includes its direct and indirect subsidiaries when referring to the entity’s consolidated financial condition or results. Unless otherwise noted, references to “Verso Holdings,” “Company,” “we,” “us,” and “our” refer to Verso Holdings. We began operations on August 1, 2006, when we acquired the assets and certain liabilities comprising the business of the Coated and Supercalendered Papers Division of International Paper Company, or “International Paper.” We were formed by affiliates of Apollo Global Management, LLC, or “Apollo,” for the purpose of consummating the acquisition from International Paper. Verso went public on May 14, 2008, with an initial public offering, or “IPO,” of 14 million shares of common stock. On January 3, 2014, Verso, Verso Merger Sub Inc., a Delaware corporation and an indirect, wholly owned subsidiary of Verso, or “Merger Sub,” and NewPage Holdings Inc., a Delaware corporation, or “NewPage,” entered into an Agreement and Plan of Merger, or the “Merger Agreement,” pursuant to which the parties agreed to merge Merger Sub with and into NewPage on the terms and subject to the conditions set forth in the Merger Agreement, with NewPage surviving the merger as an indirect, wholly owned subsidiary of Verso Holdings. On January 7, 2015, Verso Holdings consummated the previously announced acquisition of NewPage through the merger of Merger Sub with and into NewPage, or the “NewPage acquisition,” pursuant to the Merger Agreement. As a result of the merger of Merger Sub with and into NewPage, Merger Sub’s separate corporate existence ceased and NewPage continued as the surviving corporation and an indirect, wholly owned subsidiary of Verso Holdings (see Note 21). As the NewPage acquisition was consummated subsequent to our year-end, the consolidated financial statements for the fiscal year ended December 31, 2014, exclude the impact of NewPage’s operations on our business. We operate in the following two market segments:
Basis of Presentation	Basis of Presentation — This report contains the consolidated financial statements of Verso Holdings as of December 31, 2014 and 2013 , and for the years ended December 31, 2014 , 2013 , and 2012 . Variable interest entities for which Verso Holdings is the primary beneficiary are also consolidated. Intercompany balances and transactions are eliminated in consolidation.
Liquidity	We have historically relied primarily upon cash flow from operations and borrowings under our revolving credit facilities to finance operations, capital expenditures, and debt service requirements. We are a highly leveraged company. As of December 31, 2014 , we had $1.3 billion in borrowings outstanding under our existing financing arrangements. Also as of December 31, 2014 , $66.9 million was available for future borrowing under our revolving credit facilities. Our debt arrangements contain financial and other restrictive covenants that limit our ability to engage in activities that may be in our long-term best interests. Failure to comply with those covenants could result in an event of default which, if not cured or waived, could result in the acceleration of all of our debts. If we are unable to repay our indebtedness when due or declared due, our lenders also will have the right to proceed against the collateral pledged to them to secure the indebtedness. Our indebtedness requires us to dedicate a substantial portion of our cash flows from operations to payments for our debt service, thereby reducing the availability of our cash flow to fund working capital, capital expenditures, research and development efforts, and other corporate purposes. In addition, our indebtedness increases our vulnerability to adverse economic and industry conditions and places us at a competitive disadvantage compared to competitors that have less debt. Our ability to achieve our future projected operating results is largely based on the successful integration of NewPage (see Note 4) , the borrowing availability of the combined company, and the synergies and operational cost reduction and earnings enhancement initiatives expected to be achieved from the acquisition. If the integration of NewPage into our business is not completed within the expected time frame, the synergies and other benefits that we expect to achieve could be materially and adversely affected, and these situations could result in additional transaction costs, loss of revenue or other effects associated with uncertainty about the acquisition. If we are unable to meet our projected performance targets, our liquidity could be adversely impacted and we may need to seek additional sources of liquidity. Our future performance could adversely affect our ability to raise additional capital to fund our operations, and there is no assurance that financing will be available in a sufficient amount, on acceptable terms, or on a timely basis. Our ability to continue as a going concern is dependent on management’s plans, which are primarily centered on the synergies expected to be achieved from the NewPage acquisition and on the disposition of the Bucksport mill. We have certain significant cash outflow requirements over the next twelve months outside of normal paper mill operations, including our current debt service requirements (See Note 8), costs associated with the Bucksport mill closure (See Note 16), and transaction and integration costs associated with the NewPage acquisition (See Note 4).
Use of Estimates	Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, or “GAAP,” requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from these estimates.
Revenue Recognition	Revenue Recognition — Sales are recorded net of rebates, allowances, and discounts. Revenue is recognized when the customer takes title and assumes the risks and rewards of ownership, in accordance with Financial Accounting Standards Board, or “FASB,” Accounting Standards Codification, or “ASC,” Topic 605, Revenue Recognition . Revenue is recorded at the time of shipment for terms designated FOB, or “free on board,” shipping point. For sales transactions designated FOB destination, revenue is recorded when the product is delivered to the customer’s site and when title and risk of loss are transferred.
Shipping and Handling Costs	Shipping and Handling Costs — Shipping and handling costs, such as freight to customer destinations, are included in Cost of products sold in the accompanying consolidated statements of operations. When the sales price includes charges to customers for shipping and handling, such amounts are included in Net sales.
Planned Maintenance Costs	Planned Maintenance Costs — Maintenance costs for major planned maintenance shutdowns in excess of $0.5 million are deferred and then expensed ratably over the period until the next major planned shutdown, since we believe that operations benefit throughout that period from the maintenance work performed. Other maintenance costs are expensed as incurred.
Environmental Costs and Obligations	Environmental Costs and Obligations — Costs associated with environmental obligations, such as remediation or closure costs, are accrued when such costs are probable and reasonably estimable. Such accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental obligations are discounted to their present value when the timing of expected cash flows are reliably determinable.
Equity Compensation	Equity Compensation — We account for equity awards in accordance with ASC Topic 718, Compensation – Stock Compensation . ASC Topic 718 requires employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at the grant date based on the fair value of the award. We use the straight-line attribution method to recognize share-based compensation over the service period of the award.
Income Taxes	Income Taxes — We are a limited liability corporation and are not subject to federal income taxes. We account for our state income taxes in accordance with ASC Topic 740.
Fair Value of Financial Instruments	Fair Value of Financial Instruments — The carrying amounts for cash and cash equivalents, restricted cash, accounts receivable, accounts payable and accrued liabilities, and amounts receivable from or due to related parties approximate fair value due to the short maturity of these instruments. We determine the fair value of our debt based on market information and a review of prices and terms available for similar obligations. See also Note 8, Note 10, Note 13, and Note 14 for additional information regarding the fair value of financial instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents — Cash and cash equivalents can include highly liquid investments with a maturity of three months or less at the date of purchase.
Inventories and Replacement Parts and Other Supplies	Inventories and Replacement Parts and Other Supplies — Inventory includes all costs directly associated with manufacturing products: materials, labor, and manufacturing overhead and are presented at the lower of cost or market. Costs of raw materials, work-in-progress, and finished goods are determined using the first-in, first-out method. Replacement parts and other supplies are stated using the average cost method and are reflected in Inventories and Intangibles and other assets on the consolidated balance sheet (see also Note 3 and Note 6).
Property, Plant, and Equipment	Property, Plant, and Equipment — Property, plant, and equipment is stated at cost, net of accumulated depreciation. Interest is capitalized on projects meeting certain criteria and is included in the cost of the assets. The capitalized interest is depreciated over the same useful lives as the related assets. Interest costs of $1.9 million and $1.3 million were capitalized, respectively, in 2014 and 2013 . Expenditures for major repairs and improvements are capitalized, whereas normal repairs and maintenance are expensed as incurred. Depreciation and amortization are computed using the straight-line method for all assets over the assets’ estimated useful lives. Estimated useful lives are as follows: Years Building 20 - 40 Machinery and equipment 10 - 20 Furniture and office equipment 3 - 10 Computer hardware and software 3 - 6 Leasehold improvements Over the shorter of the lease term or the useful life of the improvements
Intangible Assets	Intangible Assets — We account for intangible assets in accordance with ASC Topic 350, Intangibles – Goodwill and Other . Intangible assets primarily consist of trademarks, customer-related intangible assets, and patents obtained through business acquisitions. The useful lives of trademarks were determined to be indefinite and, therefore, these assets are not amortized. Customer-related intangible assets are amortized over their estimated useful lives of approximately twenty-five years . Patents are amortized over their remaining legal lives of ten years . The impairment evaluation of the carrying amount of intangible assets with indefinite lives is conducted annually or more frequently if events or changes in circumstances indicate that an asset might be impaired. Trademarks are evaluated by comparing their fair value to their carrying values. In the third quarter of 2014, we determined that sufficient indicators of a potential impairment of our trademarks existed and we performed an interim analysis of our trademarks for impairment. As a result of our analysis, we determined that the carrying value of our trademarks exceeded their fair value, which was determined using a level 3 fair value measurement. This fair value determination was made using the income approach, which required us to estimate unobservable factors such as a royalty rate and discount rate and identify relevant projected revenue. We recognized an impairment charge of $6.3 million based on a projected reduction of revenues driven primarily by a decline in U.S. demand. In 2013, we also determined that the carrying value of our trademarks exceeded their fair value, and recognized an impairment charge of $1.6 million based on a projection of reduced revenues driven primarily by a decline in U.S. demand. The trademark impairment charges are included in Cost of products sold in our consolidated statement of operations for the years ended December 31, 2014 and 2013. During 2012, based on a projected reduction of revenues primarily as a result of a reduction in production capacity from the closure of the Sartell mill, we recognized a trademarks impairment charge of $3.7 million , which was included in Restructuring charges in our accompanying consolidated statement of operations for the year ended December 31, 2012.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets — Long-lived assets are reviewed for impairment upon the occurrence of events or changes in circumstances that indicate that the carrying value of the assets may not be recoverable, as measured by comparing their net book value to the estimated undiscounted future cash flows generated by their use. Impaired assets are recorded at estimated fair value, determined principally using discounted cash flows. In 2014, based on our plans to dispose of certain assets held by the legal entities that comprise the Bucksport mill (Verso Bucksport LLC and Verso Bucksport Power LLC), we recorded a fixed asset impairment charge of $88.7 million , as the carrying value of the assets held for sale were in excess of the fair value less the cost to sell. The fair value was determined based on the December 5, 2014 membership purchase agreement for the sale of the Bucksport mill. The impairment charge is included in Restructuring charges (see also Note 16) in our accompanying consolidated statements of operations. In 2012, based on a comprehensive assessment of the damage resulting from the fire and explosion at our former paper mill in Sartell, Minnesota, we recorded a fixed asset impairment charge of $66.5 million , which was included in Restructuring charges (see also Note 16) in our accompanying consolidated statements of operations. The impairment charge was calculated based on the excess of carrying value over the estimated fair value of the site, which was estimated based on preliminary negotiations with potential buyers received subsequent to our decision to shut down the mill.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts — We maintain an allowance for doubtful accounts for estimated losses resulting from the inability of customers to make required payments. We manage credit risk related to our trade accounts receivable by continually monitoring the creditworthiness of our customers to whom credit is granted in the normal course of business. Trade accounts receivable balances for sales to unaffiliated customers were approximately $84.0 million at December 31, 2014 , compared to $100.7 million at December 31, 2013 . As of December 31, 2014 , our two largest customers accounted for approximately 27% of our accounts receivable. We establish our allowance for doubtful accounts based upon factors surrounding the credit risks of specific customers, historical trends, and other information. Based on this assessment, an allowance is maintained that represents what is believed to be ultimately uncollectible from such customers.
Deferred Financing Costs	Deferred Financing Costs — We capitalize costs incurred in connection with borrowings or establishment of credit facilities. These costs are amortized as an adjustment to interest expense over the life of the borrowing or life of the credit facilities using the effective interest method. In the case of early debt principal repayments, we adjust the carrying value of the corresponding deferred financing costs with a charge to interest expense, and similarly adjust the future amortization expense.
Asset Retirement Obligations	Asset Retirement Obligations — In accordance with ASC Topic 410, Asset Retirement and Environmental Obligations , a liability and an asset are recorded equal to the present value of the estimated costs associated with the retirement of long-lived assets where a legal or contractual obligation exists. The liability is accreted over time, and the asset is depreciated over its useful life. Our asset retirement obligations under this standard relate to closure and post-closure costs for landfills. Revisions to the liability could occur due to changes in the estimated costs or timing of closure or possible new federal or state regulations affecting the closure. As of December 31, 2014 and 2013 , we had $0.8 million of restricted cash included in Intangibles and other assets in the accompanying consolidated balance sheet related to an asset retirement obligation in the state of Michigan. This cash deposit is required by the state and may only be used for the future closure of a landfill. The following table presents an analysis related to our asset retirement obligations included in Other liabilities and Accrued liabilities in the accompanying consolidated balance sheets: Year Ended December 31, (Dollars in thousands) 2014 2013 Asset retirement obligations, January 1 $ 13,194 $ 11,854 Adjustment to existing liabilities (3,733 ) (190 ) Liabilities related to assets held for sale (1,914 ) — Accretion expense 683 887 Settlement of existing liabilities (262 ) (903 ) Liabilities incurred — 1,546 Asset retirement obligations 7,968 13,194 Less: Current portion (453 ) (486 ) Non-current portion of asset retirement obligations, December 31 $ 7,515 $ 12,708 In addition to the above obligations, we may be required to remove certain materials from our facilities or to remediate them in accordance with current regulations that govern the handling of certain hazardous or potentially hazardous materials. At this time, any such obligations have an indeterminate settlement date, and we believe that adequate information does not exist to reasonably estimate any such potential obligations. Accordingly, we will record a liability for such remediation when sufficient information becomes available to estimate the obligation.
Derivative Financial Instruments	Derivative Financial Instruments — Derivative financial instruments are recognized as assets or liabilities in the financial statements and measured at fair value. The effective portion of the changes in the fair value of derivative financial instruments that qualify and are designated as cash flow hedges are recorded in Accumulated other comprehensive loss. Changes in the fair value of derivative financial instruments that are entered into as economic hedges are recognized in current earnings. We use derivative financial instruments to manage our exposure to energy prices and interest rate risk. Effective April 1, 2012, management elected to de-designate the remaining energy swaps that had previously been designated as cash flow hedges and to discontinue hedge accounting prospectively.
Pension Benefits	Pension Benefits — Pension plans cover substantially all of our employees. The defined benefit plans are funded in conformity with the funding requirements of applicable government regulations. Prior service costs are amortized on a straight-line basis over the estimated remaining service periods of employees. Certain employees are covered by defined contribution plans. Our contributions to these plans are based on a percentage of employees’ compensation or employees’ contributions. These plans are funded on a current basis.

SUMMARY OF BUSINESS AND SIGNI32

SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Property, Plant, and Equipment		Depreciation and amortization are computed using the straight-line method for all assets over the assets’ estimated useful lives. Estimated useful lives are as follows: Years Building 20 - 40 Machinery and equipment 10 - 20 Furniture and office equipment 3 - 10 Computer hardware and software 3 - 6 Leasehold improvements Over the shorter of the lease term or the useful life of the improvements
Asset Retirement Obligations Included in Other Liabilities	The following table presents an analysis related to our asset retirement obligations which are included in Other liabilities in the accompanying condensed consolidated balance sheets: Three Months Ended March 31, (Dollars in millions) 2015 2014 Asset retirement obligations, January 1 $ 8 $ 13 Liabilities assumed 9 — Adjustment to existing liabilities — (3 ) Asset retirement obligations 17 10 Less: Current portion (2 ) (1 ) Non-current portion of asset retirement obligations, March 31 $ 15 $ 9	The following table presents an analysis related to our asset retirement obligations included in Other liabilities and Accrued liabilities in the accompanying consolidated balance sheets: Year Ended December 31, (Dollars in thousands) 2014 2013 Asset retirement obligations, January 1 $ 13,194 $ 11,854 Adjustment to existing liabilities (3,733 ) (190 ) Liabilities related to assets held for sale (1,914 ) — Accretion expense 683 887 Settlement of existing liabilities (262 ) (903 ) Liabilities incurred — 1,546 Asset retirement obligations 7,968 13,194 Less: Current portion (453 ) (486 ) Non-current portion of asset retirement obligations, December 31 $ 7,515 $ 12,708
Schedule of Accumulated Other Comprehensive Income (Loss)		The following table summarizes the changes in Accumulated other comprehensive income (loss) by balance type for the years ended December 31, 2014 and 2013 : (Dollars in thousands) Losses on Derivative Financial Instruments Defined Benefit Pension Items Total Accumulated other comprehensive loss as of December 31, 2012 $ (335 ) $ (24,938 ) $ (25,273 ) Amounts reclassified from Accumulated other comprehensive income to Cost of products sold 335 2,282 2,617 Pension liability adjustment — 11,221 11,221 Net decrease in other comprehensive loss 335 13,503 13,838 Accumulated other comprehensive loss as of December 31, 2013 — (11,435 ) (11,435 ) Amounts reclassified from Accumulated other comprehensive income to Cost of products sold — 1,363 1,363 Pension liability adjustment — (17,045 ) (17,045 ) Net decrease in other comprehensive loss — (15,682 ) (15,682 ) Accumulated other comprehensive loss as of December 31, 2014 $ — $ (27,117 ) $ (27,117 )

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventories by Major Category	The following table summarizes our inventories by major category: March 31, December 31, (Dollars in millions) 2015 2014 Raw materials $ 110 $ 13 Woodyard logs 11 6 Work-in-process 66 9 Finished goods 271 62 Replacement parts and other supplies 78 20 Inventories $ 536 $ 110	December 31, (Dollars in thousands) 2014 2013 Raw materials $ 13,337 $ 25,843 Woodyard logs 5,779 6,602 Work-in-process 9,274 14,738 Finished goods 62,477 60,919 Replacement parts and other supplies 19,857 29,585 Inventories $ 110,724 $ 137,687 Amounts presented in the consolidated balance sheets and the table above are adjusted for valuation allowances.

ACQUISITIONS AND DISPOSITIONS (

ACQUISITIONS AND DISPOSITIONS (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Acquisitions and Dispositions [Abstract]
Schedule of accounting considerations	Accounting consideration for the NewPage acquisition is as follows: (Dollars in millions) 13,607,693 shares Verso common stock valued at January 7, 2015 closing price $ 46 $650 million face value New First Lien Notes valued at January 7, 2015 closing price 663 Accounting Consideration $ 709
Schedule of purchase price allocation	The preliminary allocation of the purchase price is as follows: (Dollars in millions) Cash $ 128 Current assets, excluding cash 581 Property, plant, and equipment 1,570 Other long-term assets 47 Current liabilities (277 ) Current portion of long-term debt (3 ) Noncurrent pension and other post-retirement benefit obligations (479 ) Other long-term liabilities (58 ) Long-term debt (800 ) Net assets acquired $ 709
Pro forma information	Pro Forma Three Months Ended (Unaudited) March 31, (Dollars in millions, except per share data) 2015 2014 Revenues $ 838 $ 882 Net loss (100 ) (167 ) Earnings per share - basic and diluted $ (1.23 ) $ (2.05 ) Weighted-average shares outstanding - basic and diluted 81,551,070 81,403,403
Schedule Of Assets And Liabilities Held For Sale		Assets and liabilities held for sale at December 31, 2014 and 2013, respectively, were comprised of the following: December 31, December 31, (Dollars in thousands) 2014 (1) 2013 (2) Prepaid expenses and other assets $ 1,353 $ — Property, plant, and equipment, net 58,554 — Intangibles and other assets, net 1,057 50 Assets held for sale $ 60,964 $ 50 Asset retirement obligations and other liabilities $ (2,198 ) $ — Liabilities related to assets held for sale $ (2,198 ) $ — (1) Recorded at fair value less cost to sell. (2) Recorded at carrying value as the expected proceeds less costs to sell exceed carrying value.

DERIVATIVE INSTRUMENTS AND HE35

DERIVATIVE INSTRUMENTS AND HEDGES (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Information About Volume and Fair Value Amounts of Derivative Instruments	The following table presents information about the volume and fair value amounts of our derivative instruments: March 31, 2015 December 31, 2014 Fair Value Assets/(Liabilities) Fair Value Assets/(Liabilities) (Dollars in millions) MMBTUs MMBTUs Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps: Notional amount 4,710,000 1,876,475 Accrued liabilities (4 ) (6 ) Other liabilities (1 ) —	The following table presents information about the volume and fair value amounts of our derivative instruments: December 31, 2014 December 31, 2013 (Dollars in thousands) MMBTUs Fair Value MMBTUs Fair Value Derivative contracts not currently designated as hedging instruments Fixed price energy swaps: Notional amount 1,876,475 6,652,070 Prepaid expenses and other assets $ — $ 15,505 Accrued liabilities (6,268 ) (4,959 )
Schedule of Information About Effect of Derivative Instruments on Accumulated Other Comprehensive Income and Consolidated Statements of Operations	The following table presents information about the effect of our derivative instruments on the condensed consolidated statements of operations: Gain (Loss) Recognized on Derivatives Three Months Ended March 31, (Dollars in millions) 2015 2014 Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps $ (2 ) $ 13 Gain (loss) recognized on derivatives is included in Cost of products sold.	The following tables present information about the effect of our derivative instruments on Accumulated other comprehensive income and the consolidated statements of operations: Loss Recognized in Accumulated OCI Loss Reclassified from Accumulated OCI Year Ended December 31, (Dollars in thousands) 2014 2013 2012 2014 2013 2012 Derivative contracts designated as hedging instruments Fixed price energy swaps $ — $ — $ (1,365 ) $ — $ — $ (283 ) Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps $ — $ (335 ) $ (5,573 ) Loss reclassified from Accumulated OCI to earnings is included in Cost of products sold. Gain (Loss) Recognized on Derivatives Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Derivative contracts designated as hedging instruments Fixed price energy swaps $ — $ — $ (50 ) Derivative contracts not currently designated as hedging instruments: Fixed price energy swaps $ 4,290 $ 16,117 $ (2,973 ) Gain (loss) recognized on derivatives is included in Cost of products sold.

PROPERTY, PLANT, AND EQUIPMENT

PROPERTY, PLANT, AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, Plant, and Equipment	Property, plant, and equipment were as follows: December 31, (Dollars in thousands) 2014 2013 Land and land improvements $ 26,358 $ 30,547 Building and leasehold improvements 111,812 154,521 Machinery, equipment, and other 1,082,030 1,301,368 Construction-in-progress 14,401 37,100 Property, plant, and equipment, gross 1,234,601 1,523,536 Accumulated depreciation (704,064 ) (780,590 ) Property, plant, and equipment, net $ 530,537 $ 742,946

INTANGIBLES AND OTHER ASSETS (T

INTANGIBLES AND OTHER ASSETS (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles and Other Assets	The following table summarizes intangibles and other assets: March 31, December 31, (Dollars in millions) 2015 2014 Amortizable intangible assets: Customer relationships, net of accumulated amortization of $9 million on March 31, 2015, and on December 31, 2014 $ 34 $ 4 Unamortizable intangible assets: Trademarks 10 10 Other assets: Financing costs, net of accumulated amortization of $20 million on March 31, 2015, and $19 million on December 31, 2014 22 23 Deferred major repair 17 21 Replacement parts, net 6 3 Loan to affiliate 23 23 Restricted cash 3 3 Other 23 7 Total other assets 94 80 Intangibles and other assets $ 138 $ 94	Intangibles and other assets consist of the following: December 31, (Dollars in thousands) 2014 2013 Amortizable intangible assets: Customer relationships, net of accumulated amortization of $8.8 million on December 31, 2014, and $8.2 million on December 31, 2013 $ 4,520 $ 5,120 Patents, net of accumulated amortization of $0.9 million on December 31, 2014, and on December 31, 2013 181 296 Total amortizable intangible assets 4,701 5,416 Unamortizable intangible assets: Trademarks 9,880 16,180 Other assets: Financing costs, net of accumulated amortization of $18.8 million on December 31, 2014, and $13.6 million on December 31, 2013 23,118 28,761 Deferred major repair 21,118 16,218 Replacement parts, net 2,838 3,465 Loan to affiliate 23,305 23,305 Restricted cash 2,603 4,946 Other 6,934 6,469 Total other assets 79,916 83,164 Intangibles and other assets $ 94,497 $ 104,760
Estimated Future Amortization Expense for Intangible Assets Over Next Five Years	The estimated future amortization expense for intangible assets over the next five years is as follows: (Dollars in millions) 2015 $ 2 2016 2 2017 2 2018 2 2019 2	The estimated future amortization expense for intangible assets over the next five years is as follows: (Dollars in thousands) 2015 $ 615 2016 567 2017 400 2018 300 2019 300

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	A summary of accrued liabilities is as follows: December 31, (Dollars in thousands) 2014 2013 Accrued interest $ 77,787 $ 58,977 Payroll and employee benefit costs 43,364 40,054 Accrued transaction costs 25,298 — Restructuring costs 24,181 — Accrued sales rebates 11,854 11,573 Derivatives 6,268 4,959 Accrued taxes - other than income 1,455 1,431 Freight and other 15,306 5,441 Accrued liabilities $ 205,513 $ 122,435

DEBT (Tables)

DEBT (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of Long-Term Debt	A summary of debt is as follows: March 31, 2015 December 31, 2014 Original Interest Par Par (Dollars in millions) Maturity Rate Balance Value Balance Value Verso Holdings Verso Androscoggin Power LLC Revolving 2/6/2015 — % $ — $ — $ 30 $ 30 Revolving Credit Facilities 5/4/2017 4.00 % 94 94 63 63 11.75% Senior Secured Notes - 2012 1/15/2019 11.75 % 424 418 424 418 11.75% Senior Secured Notes - 2015 1/15/2019 11.75 % 658 645 — — 11.75% Secured Notes 1/15/2019 11.75 % 272 272 272 272 13% Second Priority Senior Secured Notes 8/1/2020 13.00 % 277 178 299 299 16% Senior Subordinated Notes 8/1/2020 16.00 % 89 63 102 102 8.75% Second Priority Senior Secured Notes 2/1/2019 8.75 % 96 97 96 97 11.38% Senior Subordinated Notes 8/1/2016 11.38 % 41 41 41 41 Chase NMTC Verso Investment Fund LLC Loan from Verso Finance 12/29/2040 6.50 % 23 23 23 23 NewPage Corp Revolving Credit Facility 2/11/2019 2.82 % 145 145 — — Floating Rate Senior Secured Term Loan 2/11/2021 9.50 % 704 734 — — Total debt for Verso Holdings $ 2,823 $ 2,710 $ 1,350 $ 1,345 Less current maturities of long-term debt (13 ) (13 ) (30 ) (30 ) Total long-term debt for Verso Holdings $ 2,810 $ 2,697 $ 1,320 $ 1,315	A summary of long-term debt is as follows: December 31, 2014 December 31, 2013 (Dollars in thousands) Original Maturity Interest Rate Balance Par Value Balance Par Value Verso Paper Holdings LLC Verso Androscoggin Power LLC Revolving 2/6/2015 6.25 % $ 30,000 $ 30,000 $ — $ — Revolving Credit Facilities 5/4/2017 2.54 % 63,000 63,000 — — 11.75% Senior Secured Notes 1/15/2019 11.75 % 424,654 417,882 426,076 417,882 11.75% Secured Notes 1/15/2019 11.75 % 271,573 271,573 271,573 271,573 8.75% Second Priority Senior Secured Notes 2/1/2019 8.75 % 96,447 96,647 395,018 396,000 Second Priority Adjustable Senior Secured Notes 2/1/2019 8.75 % 298,732 299,353 — — Second Priority Senior Secured Floating Rate Notes 8/1/2014 — % — — 13,310 13,310 11.38% Senior Subordinated Notes 8/1/2016 11.38 % 40,517 40,517 142,500 142,500 Adjustable Senior Subordinated Notes 8/1/2016 11.38 % 101,983 101,983 — — Chase NMTC Verso Investment Fund LLC Loan from Verso Paper Finance Holdings LLC 12/29/2040 6.50 % 23,305 23,305 23,305 23,305 Total debt for Verso Paper Holdings LLC 1,350,211 1,344,260 1,271,782 1,264,570 Less current maturities of long-term debt (30,000 ) (30,000 ) (13,310 ) (13,310 ) Total long-term debt for Verso Paper Holdings LLC $ 1,320,211 $ 1,314,260 $ 1,258,472 $ 1,251,260
Interest Expense Related to Long Term Debt and Cash Interests Payments on Long-Term Debt	Amounts included in interest expense related to long-term debt and amounts of cash interest payments on long-term debt are as follows: Three Months Ended March 31, (Dollars in millions) 2015 2014 Interest expense $ 65 $ 34 Cash interest paid 85 66 Debt issuance cost amortization (1) 1 1 (1) Amortization of debt issuance cost is included in interest expense.	Amounts included in interest expense related to debt and amounts of cash interest payments on debt are as follows: Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Interest expense $ 137,672 $ 134,527 $ 126,486 Cash interest paid 118,220 130,830 114,849 Debt issuance cost amortization (1) 8,078 5,368 4,957 (1) Amortization of debt issuance cost is included in interest expense.
Payments Required Under Long-Term Debt		The scheduled principal payments required under the debt listed above during the years following December 31, 2014 , are set forth below (Amounts are prior to the financing transactions described in Note 21): (Dollars in thousands) 2015 30,000 2016 142,500 2017 63,000 2018 — 2019 1,085,455 2020 and thereafter 23,305 Total debt $ 1,344,260

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
Schedule of Other Liabilities	Other liabilities consist of the following: December 31, (Dollars in thousands) 2014 2013 Pension benefit obligation $ 40,584 $ 25,231 Non-controlling interests 7,923 7,923 Asset retirement obligations 7,515 12,708 Deferred compensation 3,670 3,495 Other 830 1,068 Other liabilities $ 60,522 $ 50,425

RETIREMENT PLANS (Tables)

RETIREMENT PLANS (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost	The following table summarizes the components of net periodic benefit cost of our pension plans for the three-month periods ended March 31, 2015 and 2014 : Three Months Ended March 31, (Dollars in millions) 2015 2014 Service cost $ 3 $ 2 Interest cost 16 1 Expected return on plan assets (20 ) (1 ) Net periodic benefit cost $ (1 ) $ 2	The following table summarizes the components of net periodic pension cost for the years ended December 31, 2014 , 2013 , and 2012 : Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Components of net periodic pension cost: Service cost $ 5,747 $ 6,613 $ 7,082 Interest cost 3,678 3,115 2,876 Expected return on plan assets (3,617 ) (3,303 ) (2,791 ) Amortization of prior service cost 651 651 740 Amortization of actuarial loss 195 1,631 1,648 Curtailment 982 — 1,517 Net periodic pension cost $ 7,636 $ 8,707 $ 11,072
Detail of Prior Service Cost and Net Actuarial Loss Recognized In Accumulated Other Comprehensive Income		The following table provides detail on prior service cost and net actuarial loss recognized in Accumulated other comprehensive loss at December 31, 2014 and 2013 : (Dollars in thousands) 2014 2013 Amounts recognized in Accumulated other comprehensive loss: Prior service cost $ 756 $ 1,923 Net actuarial loss 26,361 9,512
Reconciliation of Plans' Benefit Obligation, Plan Assets and Funded Status		The following table sets forth a reconciliation of the plans’ benefit obligation, plan assets and funded status at December 31, 2014 and 2013 : Year Ended December 31, (Dollars in thousands) 2014 2013 Change in Projected Benefit Obligation: Benefit obligation at beginning of period $ 78,701 $ 81,944 Service cost 5,747 6,613 Interest cost 3,678 3,115 Actuarial loss (gain) 17,493 (10,472 ) Benefits paid (2,922 ) (2,499 ) Curtailment 465 — Benefit obligation on December 31 $ 103,162 $ 78,701 Change in Plan Assets: Plan assets at fair value, beginning of fiscal year $ 53,470 $ 51,528 Actual net return on plan assets 4,065 4,052 Employer contributions 7,965 389 Benefits paid (2,922 ) (2,499 ) Plan assets at fair value on December 31 $ 62,578 $ 53,470 Unfunded projected benefit obligation recognized in other liabilities on the consolidated balance sheets $ (40,584 ) $ (25,231 )
Summary of Expected Future Pension Benefit Payments		The following table summarizes expected future pension benefit payments: (Dollars in thousands) 2015 $ 2,607 2016 2,887 2017 3,196 2018 3,589 2019 4,048 2020-2024 28,277
Actuarial Assumptions Used In Defined Benefit Pension Plans		The actuarial assumptions used in the defined benefit pension plans were as follows: 2014 2013 2012 Weighted average assumptions used to determine benefit obligations as of December 31: Discount rate 3.83 % 4.75 % 3.80 % Rate of compensation increase N/A N/A N/A Weighted average assumptions used to determine net periodic pension cost for the fiscal year: Discount rate 4.75 % 3.84 % 4.30 % Rate of compensation increase N/A N/A N/A Expected long-term return on plan assets 6.50 % 6.50 % 6.50 %
Schedule of Pension Plan's Asset Allocation		The following table provides the pension plans’ asset allocation on December 31, 2014 and 2013 : Allocation of Plan Assets 2014 Allocation on 2013 Allocation on Targeted Allocation December 31, 2014 Targeted Allocation December 31, 2013 Other securities: 55-60% 60% Fixed income funds 44 % 48 % Other funds 11 % 10 % Equity securities: 40-45% 40% Domestic equity funds - large cap 27 % 24 % Domestic equity funds - small cap 12 % 12 % International equity funds 6 % 6 %
Schedule of Pension Plans Assets at Fair Value		The following table sets forth by level, within the fair value hierarchy, the pension plans’ assets at fair value as of December 31, 2014 and 2013 . (Dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2014 Fixed income funds $ 27,810 $ 27,810 $ — $ — Domestic equity funds - large cap 16,814 16,814 — — Domestic equity funds - small cap 7,569 7,569 — — International equity funds 3,534 3,534 — — Other funds 6,851 6,851 — — Total assets at fair value $ 62,578 $ 62,578 $ — $ — December 31, 2013 Fixed income funds $ 25,764 $ 25,764 $ — $ — Domestic equity funds - large cap 13,086 13,086 — — Domestic equity funds - small cap 6,214 6,214 — — International equity funds 3,167 3,167 — — Other funds 5,239 5,239 — — Total assets at fair value $ 53,470 $ 53,470 $ — $ — Fair value is determined based on the net asset value of units held by the plan at period end.

EQUITY AWARDS (Tables)

EQUITY AWARDS (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Plan Activity	A summary of stock option plan activity (including the performance-based options) for the years ended December 31, 2014 , 2013 , and 2012 is provided below: Options Outstanding Weighted Average Exercise Price Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value (in thousands) December 31, 2011 1,781,499 $ 3.90 $ 2.59 Options granted 2,193,701 1.46 1.07 Forfeited (90,007 ) 3.48 2.52 December 31, 2012 3,885,193 2.53 1.73 Options granted 564,442 1.29 0.93 Forfeited (15,929 ) 1.53 1.09 December 31, 2013 4,433,706 2.38 1.63 Options granted 2,072,108 2.98 2.34 Exercised (41,828 ) 2.51 1.73 December 31, 2014 6,463,986 $ 2.57 $ 1.86 4.6 Options exercisable on December 31, 2014 3,297,814 $ 2.70 3.3 $ 3,571 Options expected to vest as of December 31, 2014 3,166,172 2.43 3,158 On December 31, 2014 , options outstanding had exercise prices ranging from $0.71 to $5.93 and options exercisable had exercise prices ranging from $0.71 to $5.93 .
Assumptions Used to Estimate Fair Value of Stock Options Granted	We used the Black-Scholes option pricing model to estimate the fair value of stock options granted in 2014 , 2013 , and 2012 , with the following assumptions: 2014 2013 2012 Expected weighted-average life of options granted 4.5 years 4.5 years 3.0 - 5.0 years Range of volatility rates based on historical industry volatility 115.45% - 116.47% 100.52% 94.39% - 102.22% Range of risk-free interest rates 1.66% - 1.74% 0.81% .57% - .83% Expected dividend yield — — —

BUCKSPORT ENERGY ASSET INVEST43

BUCKSPORT ENERGY ASSET INVESTMENT (Tables)	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Bucksport Energy Asset Investment	Balances included in the balance sheet related to our proportional interest in this investment at December 31, 2013 , were as follows: (Dollars in thousands) Other receivables $ 281 Other assets (1) 214 Property, plant, and equipment $ 10,692 Accumulated depreciation (4,668 ) Net property, plant, and equipment $ 6,024 Current liabilities $ (83 ) (1) Represents primarily restricted cash which may be used only to fund the ongoing energy operations of this investment.

FAIR VALUE OF FINANCIAL INSTR44

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table summarizes the balances of assets and liabilities measured at fair value on a recurring basis: (Dollars in millions) Total Level 1 Level 2 Level 3 March 31, 2015 Assets: Investments related to deferred compensation plans $ 4 $ 4 $ — $ — Liabilities: Commodity swaps $ 5 $ — $ 5 $ — December 31, 2014 Assets: Investments related to deferred compensation plans $ 4 $ 4 $ — $ — Liabilities: Commodity swaps $ 6 $ — $ 6 $ — Fair values are based on observable market data.	The following table summarizes the balances of assets and liabilities measured at fair value on a recurring basis: (Dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2014 Assets: Investments related to deferred compensation plans $ 3,670 $ 3,670 $ — $ — Liabilities: Commodity swaps $ 6,268 $ — $ 6,268 $ — December 31, 2013 Assets: Commodity swaps $ 15,505 $ — $ 15,505 $ — Investments related to deferred compensation plans 3,495 3,495 — — Liabilities: Commodity swaps $ 4,959 $ — $ 4,959 $ — Fair values are based on observable market data.

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
Schedule of Cumulative Charges Incurred Related to Shutdown	Three Months Ended March 31, (Dollars in millions) 2015 Cumulative Property and equipment $ — $ 89 Severance and benefit costs — 27 Write-off of spare parts and inventory — 14 Write-off of purchase obligations and commitments 6 8 Other miscellaneous costs 3 6 Total restructuring costs $ 9 $ 144	The following table details the charges incurred related primarily to the mill closure in 2012 as included in Restructuring charges in our accompanying consolidated statements of operations: Year Ended December 31, (Dollars in thousands) 2013 2012 Cumulative Incurred Property and equipment $ — $ 66,521 $ 66,521 Severance and benefit costs 688 19,373 20,061 Write-off of spare parts and inventory — 6,934 6,934 Trademark impairment — 3,693 3,693 Purchase obligations and commitments (594 ) 2,420 1,826 Other miscellaneous costs 1,284 3,463 4,747 Total restructuring charges $ 1,378 $ 102,404 $ 103,782 The following table details the charges incurred related primarily to the Bucksport mill closure in 2014 as included in Restructuring charges on our accompanying consolidated statements of operations: (Dollars in thousands) Year Ended December 31, 2014 Cumulative Incurred Property and equipment $ 88,728 $ 88,728 Severance and benefit costs 26,812 26,812 Write-off of spare parts, inventory and other assets 13,876 13,876 Write-off of purchase obligations and commitments 1,531 1,531 Other miscellaneous costs 3,539 3,539 Total restructuring charges $ 134,486 $ 134,486
Schedule of Changes in Shutdown Liability	The following details the changes in our restructuring reserve liabilities related to the Bucksport shutdown during the three months ended March 31, 2015 , which are included in Accrued liabilities on our condensed consolidated balance sheets: Three Months Ended March 31, (Dollars in millions) 2015 Beginning balance of reserve $ 24 Severance and benefit payments (21 ) Purchase obligations 6 Payments on purchase obligations (7 ) Severance and benefit reserve adjustments — Ending balance of reserve $ 2 The following details the changes in our restructuring reserve liabilities related to the NewPage acquisition during the three months ended March 31, 2015 , which are included in Accrued liabilities on our condensed consolidated balance sheets: Three Months Ended March 31, (Dollars in millions) 2015 Beginning balance of reserve $ — Severance and benefit costs 13 Severance and benefit payments (2 ) Ending balance of reserve $ 11	The following details the changes in our associated restructuring reserve liabilities during the years ended December 31, 2014 and 2013 , which are included in Accrued liabilities on our consolidated balance sheets: Year Ended December 31, (Dollars in thousands) 2014 2013 Beginning balance of reserve $ — $ 5,098 Severance and benefit costs 25,768 196 Severance and benefit payments (3,118 ) (3,678 ) Purchase obligations 1,531 — Payments on purchase obligations — (561 ) Severance and benefit reserve adjustments — (461 ) Purchase obligation reserve adjustments — (594 ) Ending balance of reserve $ 24,181 $ —

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments Due Under Non-Cancelable Operating Leases	The following table, as of December 31, 2014 , represents the future minimum rental payments due under non-cancelable operating leases that have initial or remaining lease terms in excess of one year: (Dollars in thousands) 2015 $ 2,776 2016 1,166 2017 649 2018 360 2019 217 Thereafter 33 Total $ 5,201
Schedule of Unconditional Purchase Obligations	The following table, as of December 31, 2014 , summarizes our unconditional purchase obligations. (Dollars in thousands) 2015 $ 55,828 2016 28,520 2017 26,973 2018 26,163 2019 26,163 Thereafter 95,258 Total $ 258,905

NEW MARKET TAX CREDIT ENTITIES

NEW MARKET TAX CREDIT ENTITIES (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of Impact of Consolidated VIE	The following table summarizes the impact of the VIE consolidated by Verso Holdings as of March 31, 2015 , and December 31, 2014 : March 31, December 31, (Dollars in millions) 2015 2014 Total assets $ 23 $ 23 Long-term debt 23 23 Other non-current liabilities 8 8 Total liabilities $ 31 $ 31 Amounts presented in the condensed consolidated balance sheets and the table above are adjusted for intercompany eliminations.	The following table summarizes the impact of the VIE consolidated by Verso Holdings as of December 31, 2014 and 2013 : December 31, (Dollars in thousands) 2014 2013 Current assets $ 14 $ 15 Non-current assets 23,390 23,390 Total assets $ 23,404 $ 23,405 Current liabilities 141 141 Long-term debt 23,305 23,305 Other non-current liabilities 7,923 7,923 Total liabilities $ 31,369 $ 31,369 Amounts presented in the consolidated balance sheets and the table above are adjusted for intercompany eliminations.

INFORMATION BY INDUSTRY SEGME48

INFORMATION BY INDUSTRY SEGMENT (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Segment Reporting [Abstract]
Schedule of Industry Segment Data	The following table summarizes the industry segment data for the three-month periods ended March 31, 2015 and 2014 : Three Months Ended March 31, (Dollars in millions) 2015 2014 Net sales Paper $ 748 $ 263 Pulp 63 36 Intercompany Eliminations (5 ) — Total $ 806 $ 299 Operating loss Paper $ (44 ) $ (51 ) Pulp (12 ) 4 Total $ (56 ) $ (47 ) Depreciation, amortization, and depletion Paper $ 51 $ 21 Pulp 6 5 Total $ 57 $ 26 Capital expenditures Paper $ 7 $ 13 Pulp 2 3 Total $ 9 $ 16	The following table summarizes the industry segments for the years ended December 31, 2014 , 2013 , and 2012 : Year Ended December 31, (Dollars in thousands) 2014 2013 2012 Net Sales: Paper $ 1,135,962 $ 1,232,800 $ 1,333,796 Pulp 160,651 156,099 140,816 Total $ 1,296,613 $ 1,388,899 $ 1,474,612 Operating (Loss) Income: Paper $ (193,667 ) $ 12,360 $ (41,585 ) Pulp 18,950 21,540 9,215 Total $ (174,717 ) $ 33,900 $ (32,370 ) Depreciation, Amortization, and Depletion: Paper $ 75,572 $ 86,605 $ 100,178 Pulp 15,325 18,125 18,000 Total $ 90,897 $ 104,730 $ 118,178 Capital Spending: Paper $ 32,338 $ 34,908 $ 60,234 Pulp 9,625 5,752 (325 ) Total $ 41,963 $ 40,660 $ 59,909 (1) Operating loss of the paper segment includes $134.5 million in Restructuring charges recognized in 2014. Operating loss of $102.4 million in Restructuring charges, offset by $60.6 million in Other operating income, was recognized in 2012 and attributed to the paper segment. (2) Capital spending of the pulp segment includes the impact of a $14.7 million cash inflow received in 2012 from governmental grants associated with a renewable energy project at our mill in Quinnesec, Michigan, due to spending in 2011.

CONDENSED CONSOLIDATING FINAN49

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	Verso Paper Holdings LLC Condensed Consolidating Balance Sheet March 31, 2015 Parent Subsidiary Guarantor Non- Guarantor (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 5 $ 9 $ — $ — $ 14 Accounts receivable, net — — 86 194 — — 280 Inventories — — 121 415 — — 536 Prepaid expenses and other assets — — 8 22 — — 30 Current assets — — 220 640 — — 860 Property, plant, and equipment, net — — 494 1,536 23 — 2,053 Intercompany/affiliate receivable 1,380 — 8 19 31 (1,438 ) — Intangibles and other assets, net (1) — — 87 55 1 (5 ) 138 Total assets $ 1,380 $ — $ 809 $ 2,250 $ 55 $ (1,443 ) $ 3,051 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 52 $ 154 $ — $ — $ 206 Accrued liabilities 43 — 69 131 — — 243 Current maturities of long-term debt — — — 13 — — 13 Current liabilities 43 — 121 298 — — 462 Intercompany/affiliate payable — — 1,399 4 35 (1,438 ) — Investment in subsidiaries 187 — 14 — — (201 ) — Long-term debt (2) 1,956 — 836 23 (5 ) 2,810 Other liabilities — — 53 524 8 — 585 Member’s (deficit) equity (806 ) — (778 ) 588 (11 ) 201 (806 ) Total liabilities and equity $ 1,380 $ — $ 809 $ 2,250 $ 55 $ (1,443 ) $ 3,051 (1) Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. Verso Paper Holdings LLC Condensed Consolidating Balance Sheet December 31, 2014 Parent Subsidiary Guarantor Non- Guarantor (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 6 $ — $ — $ — $ 6 Accounts receivable, net — — 88 — — — 88 Inventories — — 110 — — — 110 Assets held for sale — — 60 — 1 — 61 Prepaid expenses and other assets — — 9 — 2 — 11 Current assets — — 273 — 3 — 276 Property, plant, and equipment, net — — 508 — 23 — 531 Intercompany/affiliate receivable 1,397 — 2 — 58 (1,457 ) — Intangibles and other assets, net (1) — — 93 — 1 — 94 Total assets $ 1,397 $ — $ 876 $ — $ 85 $ (1,457 ) $ 901 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 63 $ — $ — $ — $ 63 Accrued liabilities 77 — 128 — 1 — 206 Current maturities of long-term debt — — — — 30 — 30 Liabilities related to assets held for sale — — 2 — — — 2 Current liabilities 77 — 193 — 31 — 301 Intercompany/affiliate payable — — 1,423 — 34 (1,457 ) — Investment in subsidiaries 803 — 13 — — (816 ) — Long-term debt (2) 1,297 — — — 23 — 1,320 Other liabilities — — 52 — 8 — 60 Member’s (deficit) equity (780 ) — (805 ) — (11 ) 816 (780 ) Total liabilities and equity $ 1,397 $ — $ 876 $ — $ 85 $ (1,457 ) $ 901 (1) Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. (3) Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation.	Verso Paper Holdings LLC Condensed Consolidating Balance Sheet December 31, 2014 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 5,526 $ 5 $ 10 $ — $ 5,541 Accounts receivable, net — — 87,866 — — — 87,866 Inventories — — 110,724 — — — 110,724 Assets held for sale — — 60,014 950 — — 60,964 Prepaid expenses and other assets — — 9,308 1,500 4 — 10,812 Current assets — — 273,438 2,455 14 — 275,907 Property, plant, and equipment, net — — 507,619 23,206 — (288 ) 530,537 Intercompany/affiliate receivable 1,396,872 — 2,335 26,417 31,153 (1,456,777 ) — Intangibles and other assets, net (1) — — 93,311 1,101 85 — 94,497 Total assets $ 1,396,872 $ — $ 876,703 $ 53,179 $ 31,252 $ (1,457,065 ) $ 900,941 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 62,799 $ — $ 15 $ — $ 62,814 Accrued liabilities 77,581 — 127,432 374 126 — 205,513 Current maturities of long-term debt — — — 30,000 — — 30,000 Liabilities related to assets held for sale — — 2,198 — — — 2,198 Current liabilities 77,581 — 192,429 30,374 141 — 300,525 Intercompany/affiliate payable — — 1,423,289 33,488 — (1,456,777 ) — Investment in subsidiaries 802,702 — 13,341 — — (816,043 ) — Long-term debt (2) 1,296,906 — — — 23,305 — 1,320,211 Other liabilities — — 52,599 — 8,142 (219 ) 60,522 Member's (deficit) equity (780,317 ) — (804,955 ) (10,683 ) (336 ) 815,974 (780,317 ) Total liabilities and equity $ 1,396,872 $ — $ 876,703 $ 53,179 $ 31,252 $ (1,457,065 ) $ 900,941 (1) Intangibles and other assets, net of Guarantor Subsidiaries includes $23.3 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. Verso Paper Holdings LLC Condensed Consolidating Balance Sheet December 31, 2013 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ — $ 11,230 $ — $ 10 $ — $ 11,240 Accounts receivable, net — — 104,624 — — — 104,624 Inventories — — 137,687 — — — 137,687 Assets held for sale — — 50 — — — 50 Prepaid expenses and other assets — — 20,616 — 5 — 20,621 Current assets — — 274,207 — 15 — 274,222 Property, plant, and equipment, net — — 724,063 19,171 — (288 ) 742,946 Intercompany/affiliate receivable 1,335,323 — 1,393 — 31,153 (1,367,869 ) — Intangibles and other assets, net (1) — — 103,424 1,251 85 — 104,760 Total assets $ 1,335,323 $ — $ 1,103,087 $ 20,422 $ 31,253 $ (1,368,157 ) $ 1,121,928 LIABILITIES AND MEMBER’S EQUITY Accounts payable $ — $ — $ 88,397 $ — $ 15 $ — $ 88,412 Accrued liabilities 58,847 — 63,462 — 126 — 122,435 Current maturities of long-term debt 13,310 — — — — — 13,310 Current liabilities 72,157 — 151,859 — 141 — 224,157 Intercompany/affiliate payable — — 1,335,323 32,546 — (1,367,869 ) — Investment in subsidiaries (3) 439,125 — 12,124 — — (451,249 ) — Long-term debt (2) 1,235,167 — — — 23,305 — 1,258,472 Other liabilities — — 42,502 — 8,087 (164 ) 50,425 Member's (deficit) equity (411,126 ) — (438,721 ) (12,124 ) (280 ) 451,125 (411,126 ) Total liabilities and equity $ 1,335,323 $ — $ 1,103,087 $ 20,422 $ 31,253 $ (1,368,157 ) $ 1,121,928 (1) Intangibles and other assets, net of Guarantor Subsidiaries includes $23.3 million of a long-term note receivable from Verso Finance. (2) Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance. (3) Investment in subsidiaries has been corrected to reflect presentation as a liability in conformity with current year presentation.
Condensed Consolidating Statements of Operations	Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Three Months Ended March 31, 2015 Parent Subsidiary Guarantor Non- (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net sales $ — $ — $ 258 $ 553 $ 1 $ (6 ) $ 806 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 239 495 — (6 ) 728 Depreciation, amortization, and depletion — — 17 40 — — 57 Selling, general, and administrative expenses — — 27 28 — — 55 Restructuring charges — — 15 7 — — 22 Other operating income — — (12 ) 12 — — — Interest income (47 ) — — — — 47 — Interest expense 47 — 47 18 1 (47 ) 66 Equity in net loss of subsidiaries (122 ) — — — — 122 — Net loss $ (122 ) $ — $ (75 ) $ (47 ) $ — $ 122 $ (122 ) Other comprehensive income — — — — — — — Comprehensive loss $ (122 ) $ — $ (75 ) $ (47 ) $ — $ 122 $ (122 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Three Months Ended March 31, 2014 Parent Subsidiary Guarantor Non- (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net sales $ — $ — $ 299 $ — $ — $ — $ 299 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 302 — — — 302 Depreciation, amortization, and depletion — — 26 — — — 26 Selling, general, and administrative expenses — — 18 — — — 18 Interest income (35 ) — — — — 35 — Interest expense 35 — 34 — — (35 ) 34 Other loss, net — — 10 — — — 10 Equity in net loss of subsidiaries (91 ) — — — — 91 — Net loss $ (91 ) $ — $ (91 ) $ — $ — $ 91 $ (91 ) Other comprehensive income — — — — — — — Comprehensive loss $ (91 ) $ — $ (91 ) $ — $ — $ 91 $ (91 ) Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation.	Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Year Ended December 31, 2014 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net sales $ — $ — $ 1,296,613 $ 3,098 $ — $ (3,098 ) $ 1,296,613 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 1,177,981 1,119 — (3,098 ) 1,176,002 Depreciation, amortization, and depletion — — 89,509 1,388 55 (55 ) 90,897 Selling, general, and administrative expenses — — 71,336 (1,422 ) 31 — 69,945 Restructuring charges — — 134,486 — — — 134,486 Interest income (141,246 ) — (1,517 ) — (1,546 ) 142,792 (1,517 ) Interest expense 141,246 — 139,385 4,492 1,515 (142,792 ) 143,846 Other loss, net — — 38,898 — — — 38,898 Equity in net loss of subsidiaries (355,944 ) — — — — 355,944 — Net loss $ (355,944 ) $ — $ (353,465 ) $ (2,479 ) $ (55 ) $ 355,999 $ (355,944 ) Other comprehensive loss (15,682 ) — (15,682 ) — — 15,682 (15,682 ) Comprehensive loss $ (371,626 ) $ — $ (369,147 ) $ (2,479 ) $ (55 ) $ 371,681 $ (371,626 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Year Ended December 31, 2013 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net sales $ — $ — $ 1,388,899 $ — $ — $ — $ 1,388,899 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 1,179,085 — — — 1,179,085 Depreciation, amortization, and depletion — — 103,655 1,075 55 (55 ) 104,730 Selling, general, and administrative expenses — — 75,452 (1,707 ) 32 — 73,777 Restructuring charges — — 1,378 — — — 1,378 Other operating income — — (3,971 ) — — — (3,971 ) Interest income (138,298 ) — (1,539 ) — (1,546 ) 139,844 (1,539 ) Interest expense 138,298 — 137,083 1,574 1,515 (139,844 ) 138,626 Other loss, net 2,800 — 5,165 — — — 7,965 Equity in net loss of subsidiaries (108,352 ) — — — — 108,352 — Net loss $ (111,152 ) $ — $ (107,409 ) $ (942 ) $ (56 ) $ 108,407 $ (111,152 ) Other comprehensive income 13,838 — 13,838 — — (13,838 ) 13,838 Comprehensive loss $ (97,314 ) $ — $ (93,571 ) $ (942 ) $ (56 ) $ 94,569 $ (97,314 ) Verso Paper Holdings LLC Condensed Consolidating Statements of Operations and Comprehensive Income Year Ended December 31, 2012 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net sales $ — $ — $ 1,474,612 $ — $ — $ — $ 1,474,612 Cost of products sold (exclusive of depreciation, amortization, and depletion) — — 1,272,630 — — — 1,272,630 Depreciation, amortization, and depletion — — 117,014 1,164 55 (55 ) 118,178 Selling, general, and administrative expenses — — 76,039 (1,707 ) 32 — 74,364 Restructuring charges — — 102,404 — — — 102,404 Other operating income — — (60,594 ) — — — (60,594 ) Interest income (129,801 ) — (1,523 ) — (1,546 ) 131,347 (1,523 ) Interest expense 129,801 — 126,399 1,575 1,515 (131,347 ) 127,943 Other loss, net 8,244 — (864 ) — — — 7,380 Equity in net loss of subsidiaries $ (157,926 ) $ — $ — $ — $ — $ 157,926 $ — Net loss (166,170 ) — (156,893 ) (1,032 ) (56 ) 157,981 (166,170 ) Other comprehensive income 3,385 $ — 3,385 $ — $ — (3,385 ) 3,385 Comprehensive loss $ (162,785 ) $ — $ (153,508 ) $ (1,032 ) $ (56 ) $ 154,596 $ (162,785 )
Condensed Consolidating Statements of Cash Flows	Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2015 Parent Subsidiary Guarantor Non- (Dollars in thousands) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net cash used in operating activities $ — $ — $ (124 ) $ (80 ) $ — $ — $ (204 ) Cash flows from investing activities: Proceeds from sale of assets — — 50 1 — — 51 Transfers from (to) restricted cash — — 2 — — — 2 Capital expenditures — — (3 ) (6 ) — — (9 ) Acquisition, net of cash acquired — — — 128 — — 128 Investment in parent securities — — — (5 ) — — (5 ) Return of capital to Parent Issuer 73 — — — — (73 ) — Advances to subsidiaries (178 ) — — — — 178 — Payments from subsidiaries 74 — — — — (74 ) — Net cash (used in) provided by investing activities (31 ) — 49 118 — 31 167 Cash flows from financing activities: Borrowings on revolving credit facilities 75 — — 242 — — 317 Payments on revolving credit facilities (44 ) — — (198 ) (30 ) — (272 ) Return of capital to Parent Issuer — — — (73 ) — 73 — Advances from parent — — 148 — 30 (178 ) — Payments to parent — — (74 ) — — 74 — Net cash provided by (used in) financing activities 31 — 74 (29 ) — (31 ) 45 Change in cash and cash equivalents — — (1 ) 9 — — 8 Cash and cash equivalents at beginning of period — — 6 — — — 6 Cash and cash equivalents at end of period $ — $ — $ 5 $ 9 $ — $ — $ 14 Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2014 Non- Parent Subsidiary Guarantor Guarantor (Dollars in millions) Issuer Issuer Subsidiaries Subsidiary Other Eliminations Consolidated Net cash used in operating activities $ — $ — $ (96 ) $ — $ — $ — $ (96 ) Cash flows from investing activities: Transfers to restricted cash — — 2 — — — 2 Capital expenditures — — (16 ) — — — (16 ) Other investing activities — — 5 — — — 5 Advances to subsidiaries (135 ) — — — — 135 — Payments from subsidiaries 37 — — — — (37 ) — Net cash used in investing activities (98 ) — (9 ) — — 98 (9 ) Cash flows from financing activities: Borrowings on revolving credit facilities 135 — — — — — 135 Payments on revolving credit facilities (37 ) — — — — — (37 ) Advances from parent — — 135 — — (135 ) — Payments to parent — — (37 ) — — 37 — Net cash provided by financing activities 98 — 98 — — (98 ) 98 Change in cash and cash equivalents — — (7 ) — — — (7 ) Cash and cash equivalents at beginning of period — — 11 — — — 11 Cash and cash equivalents at end of period $ — $ — $ 4 $ — $ — $ — $ 4 Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation.	Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Year Ended December 31, 2014 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net cash used in operating activities $ — $ — $ (60,051 ) $ 1,708 $ — $ — $ (58,343 ) Cash flows from investing activities: Proceeds from sale of assets — — 766 43 — — 809 Transfers (to) from restricted cash — — 2,222 (1,378 ) — — 844 Capital expenditures — — (41,743 ) (220 ) — — (41,963 ) Other investing activities — — 15,020 — — — 15,020 Advances to subsidiaries (326,680 ) — — — — 326,680 — Payments from subsidiaries 276,311 — — — — (276,311 ) — Net cash used in investing activities (50,369 ) — (23,735 ) (1,555 ) — 50,369 (25,290 ) Cash flows from financing activities: Borrowings on revolving credit facilities 298,250 — — 135,199 — — 433,449 Payments on revolving credit facilities (235,250 ) — — (105,199 ) — — (340,449 ) Repayments of long-term debt (13,310 ) — — — — — (13,310 ) Contribution from Verso 717 — — — — — 717 Cash distributions (38 ) — — — — — (38 ) Return of capital to parent (1,296 ) 1,296 — Debt issuance costs — — — (2,435 ) — — (2,435 ) Advances from parent — — 326,680 — — (326,680 ) — Payments to parent (248,598 ) (26,417 ) 275,015 — Net cash provided by (used in) financing activities 50,369 — 78,082 (148 ) — (50,369 ) 77,934 Change in cash and cash equivalents — — (5,704 ) 5 — — (5,699 ) Cash and cash equivalents at beginning of period — — 11,230 — 10 — 11,240 Cash and cash equivalents at end of period $ — $ — $ 5,526 $ 5 $ 10 $ — $ 5,541 Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Year Ended December 31, 2013 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net cash used in operating activities $ — $ — $ (27,609 ) $ 154 $ (7 ) $ — $ (27,462 ) Cash flows from investing activities: Proceeds from sale of assets — — 28,397 — — — 28,397 Transfers to restricted cash — — (1,338 ) (154 ) — — (1,492 ) Capital expenditures — — (40,660 ) — — — (40,660 ) Return of capital to Parent Issuer 8,653 — — — — (8,653 ) — Advances to subsidiaries (145,000 ) — — — — 145,000 — Payments from subsidiaries 145,360 — — — — (145,360 ) — Net cash provided by (used in) investing activities 9,013 — (13,601 ) (154 ) — (9,013 ) (13,755 ) Cash flows from financing activities: Borrowings on revolving credit facilities 145,000 — — — — — 145,000 Payments on revolving credit facilities (145,000 ) — — — — — (145,000 ) Debt issuance costs (220 ) — — — — — (220 ) Return of capital to Verso (8,653 ) — — — — — (8,653 ) Cash distributions (140 ) — — — — — (140 ) Return of capital to Parent Issuer — — (8,653 ) — — 8,653 — Advances from parent — — 145,000 — — (145,000 ) — Payments to parent — — (145,360 ) — — 145,360 — Net cash used in financing activities (9,013 ) — (9,013 ) — — 9,013 (9,013 ) Change in cash and cash equivalents — — (50,223 ) — (7 ) — (50,230 ) Cash and cash equivalents at beginning of period — — 61,453 — 17 — 61,470 Cash and cash equivalents at end of period $ — $ — $ 11,230 $ — $ 10 $ — $ 11,240 Advances to and payments from subsidiaries amounts have been corrected to be presented in investing activities in conformity with current year presentation. Verso Paper Holdings LLC Condensed Consolidating Statements of Cash Flows Year Ended December 31, 2012 (Dollars in thousands) Parent Issuer Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiary Non- Guarantor Affiliate Eliminations Consolidated Net cash provided by operating activities $ — $ — $ 9,449 $ 1,909 $ (56 ) $ — $ 11,302 Cash flows from investing activities: Proceeds from insurance settlement — — 51,003 — — — 51,003 Proceeds from sale of fixed assets — — 1,731 — — — 1,731 Transfers (to) from restricted cash — — 184 (78 ) — — 106 Capital expenditures — — (68,585 ) 8,676 — — (59,909 ) Advances to subsidiaries (454,467 ) — — — — 454,467 — Payment from subsidiaries 492,025 — 10,507 — — (502,532 ) — Net cash provided by (used in) investing activities 37,558 — (5,160 ) 8,598 — (48,065 ) (7,069 ) Cash flows from financing activities: Borrowings on revolving credit facilities 112,500 — — — — — 112,500 Payments on revolving credit facilities (112,500 ) — — — — — (112,500 ) Proceeds from long-term debt 341,191 — — — — — 341,191 Repayments of long-term debt (354,984 ) — — — — — (354,984 ) Debt issuance costs (24,459 ) — — — (24,459 ) Contribution from parent 776 — — — — — 776 Cash distributions (82 ) — — (10,507 ) — 10,507 (82 ) Advances from parent — — 454,467 — — (454,467 ) — Payments to parent — — (492,025 ) — — 492,025 — Net cash used in financing activities (37,558 ) — (37,558 ) (10,507 ) — 48,065 (37,558 ) Change in cash and cash equivalents — — (33,269 ) — (56 ) — (33,325 ) Cash and cash equivalents at beginning of period — — 94,722 — 73 — 94,795 Cash and cash equivalents at end of period $ — $ — $ 61,453 $ — $ 17 $ — $ 61,470 Advances to and payments from subsidiaries amounts have been corrected to be presented in investing activities in conformity with current year presentation.

Background and Basis of Prese50

Background and Basis of Presentation (Detail) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2015USD ($)Segment	Dec. 31, 2014USD ($)Segment
Debt Instrument [Line Items]
Borrowings outstanding under existing financing arrangements	$ 2,800	$ 1,300
Market segments | Segment	2	2
Revolving Credit Facilities | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, remaining borrowing capacity	$ 35	$ 66.9
Revolving Credit Facilities | New Page Holding Inc. | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, remaining borrowing capacity	$ 155

Summary of Business and Signi51

Summary of Business and Significant Accounting Policies - Additional Information (Detail) $ in Thousands, shares in Millions	3 Months Ended				12 Months Ended				27 Months Ended
	Mar. 31, 2015USD ($)Segment	Sep. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2014USD ($)Segment	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)	May. 14, 2008shares	Dec. 31, 2013USD ($)
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Initial public offering | shares								14
Market segments | Segment	2				2
Debt outstanding	$ 2,800,000				$ 1,300,000
Interest cost, capitalized			$ 1,000		1,900	$ 1,300
Trademarks impairment charge					6,300	1,600	$ 3,693
Restructuring charges	22,000				134,486	1,378	102,404		$ 103,782
Trade accounts receivable - unaffiliated customers				$ 100,700	$ 84,000	100,700			100,700
Concentration Risk, Percentage					27.00%
Allowance for doubtful accounts				700	$ 600	700			700
Bad debt expenses					(100)	300	100
Maximum
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Planned maintenance costs to be expensed as incurred					$ 500
Trademarks
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Trademarks impairment charge		$ 6,300		1,600			3,700
Customer Related Intangibles
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Finite-lived intangible assets, estimated useful lives					25 years
Patents
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Finite-lived intangible assets, estimated useful lives					10 years
Restructuring Charges
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Fixed asset impairment charge							66,500
Intangibles and other assets
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Restricted cash	1,000			$ 800	$ 800	800			800
Revolving Credit Facilities | Line of credit
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Credit facility, remaining borrowing capacity	35,000				66,900
Property and equipment impairment
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Restructuring charges						$ 0	$ 66,521		66,521
Bucksport Mill Closure In 2014
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Restructuring charges	9,000				134,486				144,000
Bucksport Mill Closure In 2014 | Property and equipment impairment
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Restructuring charges	$ 0				$ 88,728				$ 89,000

Summary of Business and Signi52

Summary of Business and Significant Accounting Policies - Schedule of Estimated Useful Lives of Property, Plant, and Equipment (Detail)	12 Months Ended
	Dec. 31, 2014
Leasehold Improvements
Significant Accounting Policies [Line Items]
Estimated useful life	Over the shorter of the term of the lease or the useful life of the improvements
Minimum | Building
Significant Accounting Policies [Line Items]
Estimated useful life	20 years
Minimum | Machinery and Equipment
Significant Accounting Policies [Line Items]
Estimated useful life	10 years
Minimum | Furniture and Fixtures
Significant Accounting Policies [Line Items]
Estimated useful life	3 years
Minimum | Computer Equipment
Significant Accounting Policies [Line Items]
Estimated useful life	3 years
Maximum | Building
Significant Accounting Policies [Line Items]
Estimated useful life	40 years
Maximum | Machinery and Equipment
Significant Accounting Policies [Line Items]
Estimated useful life	20 years
Maximum | Furniture and Fixtures
Significant Accounting Policies [Line Items]
Estimated useful life	10 years
Maximum | Computer Equipment
Significant Accounting Policies [Line Items]
Estimated useful life	6 years

Summary of Business and Signi53

Summary of Business and Significant Accounting Policies - Asset Retirement Obligations Included in Other Liabilities (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Asset retirement obligation - beginning balance	$ 7,968	$ 13,194	$ 13,194	$ 11,854
Adjustment to existing liabilities	0	(3,000)	(3,733)	(190)
Liabilities related to assets held for sale	0		(2,198)	0
Accretion expense			683	887
Settlement of existing liabilities			(262)	(903)
Liabilities incurred	9,000	0	0	1,546
Asset retirement obligation - ending balance	17,000	10,000	7,968	13,194
Less: Current portion	(2,000)	(1,000)	(453)	(486)
Non-current portion of asset retirement obligations, closing balance	$ 15,000	$ 9,000	7,515	12,708
Asset retirement obligation
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Liabilities related to assets held for sale			$ (1,914)	$ 0

SUMMARY OF BUSINESS AND SIGNI54

SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Summary of Business and Significant Accounting Policies - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Begining balance	$ (27,117)	$ (11,435)	$ (11,435)	$ (25,273)
Amounts reclassified from Accumulated other comprehensive income to Cost of products sold			1,363	2,617
Pension liability adjustment			(17,045)	11,221
Other comprehensive (loss) income	0	0	(15,682)	13,838	$ 3,385
Ending balance	(27,000)		(27,117)	(11,435)	(25,273)
Losses on Derivative Financial Instruments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Begining balance	0	0	0	(335)
Amounts reclassified from Accumulated other comprehensive income to Cost of products sold			0	335
Other comprehensive (loss) income			0	335
Ending balance			0	0	(335)
Defined Benefit Pension Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Begining balance	$ (27,117)	$ (11,435)	(11,435)	(24,938)
Amounts reclassified from Accumulated other comprehensive income to Cost of products sold			1,363	2,282
Pension liability adjustment			(17,045)	11,221
Other comprehensive (loss) income			(15,682)	13,503
Ending balance			$ (27,117)	$ (11,435)	$ (24,938)

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]
Raw materials	$ 110,000	$ 13,337	$ 25,843
Woodyard logs	11,000	5,779	6,602
Work-in-process	66,000	9,274	14,738
Finished goods	271,000	62,477	60,919
Replacement parts and other supplies	78,000	19,857	29,585
Inventories	$ 536,000	$ 110,724	$ 137,687

ACQUISITIONS AND DISPOSITIONS56

ACQUISITIONS AND DISPOSITIONS (Acquisitions) (Details)	Jan. 07, 2015USD ($)subsidiaryshares	Mar. 31, 2015USD ($)	Mar. 31, 2014USD ($)	Dec. 05, 2014subsidiary
Business Acquisition [Line Items]
Number of subsidiaries | subsidiary	2
New Page Holding Inc.
Business Acquisition [Line Items]
Acquisition related costs		$ 10,000,000	$ 10,000,000
Liability incurred for the acquisition	$ 650,000,000
Shares of Verso common stock issued in exchange for all the outstanding common stock of NewPage | shares	13,607,693
Debt assumed	$ 800,000,000
13,607,693 shares Verso common stock valued at January 7, 2015 closing price	46,000,000
$650 million face value New First Lien Notes valued at January 7, 2015 closing price	663,000,000
Accounting Consideration	709,000,000
Term Loan [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Face amount	750,000,000
Debt assumed	734,000,000
ABL Facility [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Credit facility, borrowing capacity	350,000,000
Debt assumed	$ 100,000,000
AIM Development (USA) LLC | Bucksport Mill [Member]
Business Acquisition [Line Items]
Number of subsidiaries entered into an agreement to sell equity interest | subsidiary				2

ACQUISITIONS AND DISPOSITIONS57

ACQUISITIONS AND DISPOSITIONS ( Purchase Price Allocation) (Details) - New Page Holding Inc. $ in Millions	Jan. 07, 2015USD ($)
Business Acquisition [Line Items]
Cash	$ 128
Current assets, excluding cash	581
Property, plant, and equipment	1,570
Other long-term assets	47
Current liabilities	(277)
Current portion of long-term debt	(3)
Noncurrent pension and other post-retirement benefit obligations	(479)
Other long-term liabilities	(58)
Long-term debt	(800)
Net assets acquired	$ 709

ACQUISITIONS AND DISPOSITIONS58

ACQUISITIONS AND DISPOSITIONS (Proforma) (Details) - New Page Holdings Inc - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue	$ 838	$ 882
Business Acquisition, Pro Forma Net Income (Loss)	$ (100)	$ (167)
Business Acquisition, Pro Forma Earnings Per Share, Basic and Diluted	$ (1.23)	$ (2.05)
Business Acquisition, Pro Forma Information, Weighted Average Shares Outstanding, Basic and Diluted	81,551,070	81,403,403

ACQUISITIONS AND DISPOSITIONS59

ACQUISITIONS AND DISPOSITIONS (Detail) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]
Transaction costs	$ 0		$ 10,000	$ 38,898	$ 7,965	$ 7,380
Asset impairment		$ 102,600
Proceeds from insurance settlement in excess of costs and property damages incurred						60,600
Proceeds from insurance settlement				0	$ 0	$ 51,003
New Page Holding Inc.
Business Acquisition [Line Items]
Transaction costs				$ 38,898

ACQUISITIONS AND DISPOSITIONS60

ACQUISITIONS AND DISPOSITIONS (Schedule of Assets and Liabilities Held for Sale) (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Prepaid expenses and other assets		$ 1,353
Property, plant, and equipment, net		58,554	$ 0
Intangibles and other assets, net		1,057	50
Assets held for sale		60,964	50
Liabilities related to assets held for sale	$ 0	$ (2,198)	$ 0

RETIREMENT AND OTHER POSTRETIRE

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS PLANS - Additional Information (Detail) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Compensation and Retirement Disclosure [Abstract]
Contribution made by employer	$ 7,000,000	$ 0	$ 7,965,000	$ 389,000	$ 10,700,000
Estimated future employer contributions in next fiscal year	$ 23,000,000

Property, Plant, and Equipmen62

Property, Plant, and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Land and land improvements		$ 26,358	$ 30,547
Building and leasehold improvements		111,812	154,521
Machinery, equipment, and other		1,082,030	1,301,368
Construction-in-progress		14,401	37,100
Property, plant, and equipment, gross		1,234,601	1,523,536
Accumulated depreciation		(704,064)	(780,590)
Property, plant, and equipment, net	$ 2,053,000	$ 530,537	$ 742,946

Property, Plant and Equipment -

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 55	$ 26	$ 90.2	$ 103.9	$ 117.2
Capital expenditures that were unpaid and included in accounts payable and accrued liabilities	$ 0	$ 5	$ 1.2	$ 11.5

Intangibles and Other Assets (D

Intangibles and Other Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2015		Dec. 31, 2014	Dec. 31, 2013
Other assets:
Intangibles and other assets	$ 138,000		$ 94,497	$ 104,760
VERSO PAPER HOLDINGS LLC
Amortizable intangible assets:
Amortizable intangible assets, net of accumulated amortization			4,701	5,416
Unamortizable intangible assets:
Indefinite-Lived Trademarks	10,000		9,880	16,180
Other assets:
Financing costs, net of accumulated amortization of $18.8 million on December 31, 2014, and $13.6 million on December 31, 2013	22,000		23,118	28,761
Deferred major repair	17,000		21,118	16,218
Replacement parts, net	6,000		2,838	3,465
Loan to affiliate	23,000		23,305	23,305
Restricted cash	3,000		2,603	4,946
Other	23,000		6,934	6,469
Total other assets	94,000		79,916	83,164
Intangibles and other assets	138,000	[1]	94,497	104,760
VERSO PAPER HOLDINGS LLC | Customer Relationships
Amortizable intangible assets:
Amortizable intangible assets, net of accumulated amortization	$ 34,000		4,520	5,120
VERSO PAPER HOLDINGS LLC | Patents
Amortizable intangible assets:
Amortizable intangible assets, net of accumulated amortization			$ 181	$ 296
[1]	Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance.

Intangibles and Other Assets (F

Intangibles and Other Assets (Footnotes) (Detail) - USD ($) $ in Millions	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Intangibles and Other Assets by Major Class [Line Items]
Financing costs, accumulated amortization	$ 20	$ 18.8	$ 13.6
Customer Relationships
Intangibles and Other Assets by Major Class [Line Items]
Amortizable intangible assets, accumulated amortization	$ 9	8.8	8.2
Patents
Intangibles and Other Assets by Major Class [Line Items]
Amortizable intangible assets, accumulated amortization		$ 0.9	$ 0.9

Intangibles and Other Assets -

Intangibles and Other Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended					12 Months Ended			27 Months Ended
	Mar. 31, 2015	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Intangibles and Other Assets by Major Class [Line Items]
Trademark impairment						$ 6,300	$ 1,600	$ 3,693
Amortization expense of intangibles						700	800	900
Restructuring charges	$ 22,000					$ 134,486	$ 1,378	102,404	$ 103,782
Trademarks, Interim Impairment Analysis
Intangibles and Other Assets by Major Class [Line Items]
Restructuring charges					$ 3,400
Trademarks, Final Impairment Analysis
Intangibles and Other Assets by Major Class [Line Items]
Restructuring charges				$ 300
Trademarks
Intangibles and Other Assets by Major Class [Line Items]
Trademark impairment		$ 6,300	$ 1,600					$ 3,700

Intangibles and Other Assets 67

Intangibles and Other Assets - Estimated Future Amortization Expense for Intangible Assets Over Next Five Years (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Estimated future amortization expense
2015 (Remainder of the year)	$ 2,000
2,015		$ 615
2,016	2,000	567
2,017	2,000	400
2,018	2,000	300
2,019	$ 2,000	$ 300

Accrued Liabilities (Detail)

Accrued Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Accrued Liabilities [Line Items]
Accrued liabilities	$ 243,000	$ 205,513	$ 122,435
VERSO PAPER HOLDINGS LLC
Schedule of Accrued Liabilities [Line Items]
Accrued interest		77,787	58,977
Payroll and employee benefit costs		43,364	40,054
Accrued transaction costs		25,298	0
Restructuring costs		24,181	0
Accrued sales rebates		11,854	11,573
Derivatives		6,268	4,959
Accrued taxes - other than income		1,455	1,431
Freight and other		15,306	5,441
Accrued liabilities	$ 243,000	$ 205,513	$ 122,435

DEBT - Summary of Debt (Detail)

DEBT - Summary of Debt (Detail) - USD ($)	3 Months Ended			12 Months Ended
	Mar. 31, 2015		Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Jan. 07, 2015	Jan. 31, 2013	Dec. 31, 2006	Aug. 31, 2006
Debt Instrument [Line Items]
Less current maturities of long-term debt	$ (13,000,000)		$ (30,000,000)	$ (30,000,000)	$ (13,310,000)
Current maturities, par value	13,000,000		30,000,000	30,000,000
Long-term Debt, Excluding Current Maturities, Par Value	2,697,000,000		1,315,000,000	1,315,000,000
Long-term debt	2,810,000,000		1,320,211,000	1,320,211,000	1,258,472,000
Verso Paper Holdings LLC
Debt Instrument [Line Items]
Balance	2,823,000,000		1,350,211,000	1,350,211,000	1,271,782,000
Par Value	2,710,000,000		1,344,260,000	1,344,260,000	1,264,570,000
Less current maturities of long-term debt	(13,000,000)		(30,000,000)	(30,000,000)	(13,310,000)
Current maturities, par value			30,000,000	30,000,000	13,310,000
Long-term debt	$ 2,810,000,000	[1]	$ 1,320,211,000	$ 1,320,211,000	1,258,472,000
Verso Paper Holdings LLC | Chase NMTC Verso Investment Fund, LLC
Debt Instrument [Line Items]
Maturity date	Dec. 29, 2040		Dec. 29, 2040
Interest rate (percentage)	6.50%		6.50%	6.50%
Balance	$ 23,000,000		$ 23,305,000	$ 23,305,000	23,305,000
Par Value	$ 23,000,000		$ 23,305,000	23,305,000	23,305,000
Senior Secured Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Jan. 15, 2019		Jan. 15, 2019			Jan. 15, 2019
Interest rate (percentage)						11.75%			11.75%
Balance			$ 424,654,000	424,654,000	426,076,000
Par Value			$ 417,882,000	$ 417,882,000	417,882,000	$ 345,000,000
Secured Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Jan. 15, 2019		Jan. 15, 2019
Interest rate (percentage)	11.75%		11.75%	11.75%		11.75%
Balance	$ 272,000,000		$ 271,573,000	$ 271,573,000	271,573,000
Par Value	$ 272,000,000		$ 271,573,000	$ 271,573,000	271,573,000	$ 271,600,000
Second Priority Senior Secured Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Feb. 1, 2019						Feb. 1, 2019
Interest rate (percentage)	8.75%		8.75%	8.75%			8.75%
Balance	$ 96,000,000		$ 96,447,000	$ 96,447,000	395,018,000
Par Value	$ 97,000,000		$ 96,647,000	$ 96,647,000	396,000,000		$ 396,000,000
Second Priority Senior Secured Notes
Debt Instrument [Line Items]
Interest rate (percentage)								10.00%
Second Priority Senior Secured Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Aug. 1, 2020		Feb. 1, 2019
Interest rate (percentage)	13.00%		8.75%	8.75%
Balance	$ 277,000,000		$ 298,732,000	$ 298,732,000
Par Value	$ 178,000,000		$ 299,353,000	$ 299,353,000
Second Priority Senior Secured Floating Rate Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date			Aug. 1, 2014
Interest rate at period end (percentage)			0.00%	0.00%
Balance			$ 0	$ 0	13,310,000
Par Value			$ 0	$ 0	13,310,000						$ 250,000,000
Senior Subordinated Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Aug. 1, 2016			Aug. 1, 2016
Interest rate (percentage)	11.38%		11.38%	11.38%
Balance	$ 41,000,000		$ 40,517,000	$ 40,517,000	142,500,000
Par Value	$ 41,000,000		$ 40,517,000	$ 40,517,000	142,500,000					$ 300,000,000
Revolving Credit Facilities | Revolving Credit Facilities | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Original Maturity	May 4, 2017		May 4, 2017
Interest rate at period end (percentage)	4.00%		2.54%	2.54%
Balance	$ 94,000,000		$ 63,000,000	$ 63,000,000	0
Par Value	$ 94,000,000		$ 63,000,000	$ 63,000,000	0
Asset Based Loan Facility | Revolving Credit Facilities
Debt Instrument [Line Items]
Original Maturity	Feb. 6, 2015		Feb. 6, 2015
Interest rate at period end (percentage)	0.00%		6.25%	6.25%
Balance	$ 0		$ 30,000,000	$ 30,000,000	0
Par Value	$ 0		$ 30,000,000	$ 30,000,000	$ 0
Senior Subordinated Notes | Senior Subordinated Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date			Aug. 1, 2016
Interest rate (percentage)			11.38%	11.38%
Balance			$ 101,983,000	$ 101,983,000
Par Value			101,983,000	101,983,000
11.75% Senior Secured Notes - 2012 | Senior Secured Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Jan. 15, 2019
Interest rate (percentage)	11.75%
Balance	$ 424,000,000		424,654,000	424,654,000
Par Value	$ 418,000,000		417,882,000	417,882,000
11.75% Senior Secured Notes - 2015 | Senior Secured Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Jan. 15, 2019
Interest rate (percentage)	11.75%
Balance	$ 658,000,000		0	0
Par Value	$ 645,000,000		0	0
16% Senior Subordinated Notes | Senior Subordinated Notes | Verso Paper Holdings LLC
Debt Instrument [Line Items]
Maturity date	Aug. 1, 2020
Interest rate (percentage)	16.00%
Balance	$ 89,000,000		101,983,000	101,983,000
Par Value	$ 63,000,000		101,983,000	101,983,000
New Page Holding Inc. | Secured Notes
Debt Instrument [Line Items]
Original Maturity	Feb. 11, 2021
Interest rate at period end (percentage)	9.50%
Balance	$ 704,000,000		0	0
Par Value	$ 734,000,000		0	0
New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities
Debt Instrument [Line Items]
Original Maturity	Feb. 11, 2019
Interest rate at period end (percentage)	2.82%
Balance	$ 145,000,000		0	0
Par Value	$ 145,000,000		$ 0	$ 0
[1]	Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance.

DEBT (Summary of Long-Term Debt

DEBT (Summary of Long-Term Debt) (Detail) - USD ($)	3 Months Ended			12 Months Ended
	Mar. 31, 2015		Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Jan. 07, 2015	Dec. 31, 2013	Jan. 31, 2013	Dec. 31, 2006	Aug. 31, 2006
Debt Instrument [Line Items]
Less current maturities of long-term debt	$ (13,000,000)		$ (30,000,000)	$ (30,000,000)					$ (13,310,000)
Current maturities, par value	13,000,000		30,000,000	30,000,000
Long-term debt	2,810,000,000		1,320,211,000	1,320,211,000					1,258,472,000
Debt, Fair value	2,421,000,000		1,082,000,000	1,082,000,000					881,000,000
Verso Paper Finance Holdings LLC
Debt Instrument [Line Items]
Loan from Verso Paper Holdings LLC							$ 23,305,000
VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Balance	2,823,000,000		1,350,211,000	1,350,211,000					1,271,782,000
Par Value	2,710,000,000		1,344,260,000	1,344,260,000					1,264,570,000
Less current maturities of long-term debt	(13,000,000)		(30,000,000)	(30,000,000)					(13,310,000)
Current maturities, par value			30,000,000	30,000,000					13,310,000
Long-term debt	$ 2,810,000,000	[1]	1,320,211,000	1,320,211,000					1,258,472,000
Long-term debt, par value			1,314,260,000	1,314,260,000					1,251,260,000
Debt, Fair value			$ 1,082,000,000	1,082,000,000
11.75% Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity	Jan. 15, 2019		Jan. 15, 2019		Jan. 15, 2019
Interest Rate (percentage)					11.75%					11.75%
Balance			$ 424,654,000	424,654,000					426,076,000
Par Value			$ 417,882,000	$ 417,882,000	$ 345,000,000				417,882,000
11.75% Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity	Jan. 15, 2019		Jan. 15, 2019
Interest Rate (percentage)	11.75%		11.75%	11.75%	11.75%
Balance	$ 272,000,000		$ 271,573,000	$ 271,573,000					271,573,000
Par Value	$ 272,000,000		$ 271,573,000	$ 271,573,000	$ 271,600,000				271,573,000
8.75% Second Priority Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity	Feb. 1, 2019					Feb. 1, 2019
Interest Rate (percentage)	8.75%		8.75%	8.75%		8.75%
Balance	$ 96,000,000		$ 96,447,000	$ 96,447,000					395,018,000
Par Value	$ 97,000,000		$ 96,647,000	$ 96,647,000		$ 396,000,000			396,000,000
Second Priority Adjustable Senior Secured Notes
Debt Instrument [Line Items]
Interest Rate (percentage)								10.00%
Balance								$ 178,000,000
Second Priority Adjustable Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity	Aug. 1, 2020		Feb. 1, 2019
Interest Rate (percentage)	13.00%		8.75%	8.75%
Balance	$ 277,000,000		$ 298,732,000	$ 298,732,000
Par Value	$ 178,000,000		$ 299,353,000	$ 299,353,000
Second Priority Senior Secured Floating Rate Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate, effective			0.00%	0.00%
Original Maturity			Aug. 1, 2014
Balance			$ 0	$ 0					13,310,000
Par Value			$ 0	$ 0					13,310,000			$ 250,000,000
11.38% Senior Subordinated Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity	Aug. 1, 2016			Aug. 1, 2016
Interest Rate (percentage)	11.38%		11.38%	11.38%
Balance	$ 41,000,000		$ 40,517,000	$ 40,517,000					142,500,000
Par Value	$ 41,000,000		$ 40,517,000	$ 40,517,000					142,500,000		$ 300,000,000
Loan from Verso Paper Holdings LLC | Verso Paper Finance Holdings LLC
Debt Instrument [Line Items]
Original Maturity							Dec. 29, 2040
Interest Rate (percentage)							6.50%
Chase NMTC Verso Investment Fund, LLC | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity	Dec. 29, 2040		Dec. 29, 2040
Interest Rate (percentage)	6.50%		6.50%	6.50%
Balance	$ 23,000,000		$ 23,305,000	$ 23,305,000					23,305,000
Par Value	$ 23,000,000		$ 23,305,000	$ 23,305,000					23,305,000
Revolving Credit Facilities | Revolving Credit Facilities | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity, Line of credit	May 4, 2017		May 4, 2017
Interest rate, effective	4.00%		2.54%	2.54%
Balance	$ 94,000,000		$ 63,000,000	$ 63,000,000					0
Par Value	$ 94,000,000		$ 63,000,000	$ 63,000,000					0
Asset Based Loan Facility | Revolving Credit Facilities
Debt Instrument [Line Items]
Original Maturity, Line of credit	Feb. 6, 2015		Feb. 6, 2015
Interest rate, effective	0.00%		6.25%	6.25%
Balance	$ 0		$ 30,000,000	$ 30,000,000					0
Par Value	$ 0		$ 30,000,000	$ 30,000,000					$ 0
Adjustable Senior Subordinated Notes | 11.38% Senior Subordinated Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Original Maturity			Aug. 1, 2016
Interest Rate (percentage)			11.38%	11.38%
Balance			$ 101,983,000	$ 101,983,000
Par Value			$ 101,983,000	$ 101,983,000
[1]	Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance.

DEBT (Interest Expense Related

DEBT (Interest Expense Related to Long-Term Debt and Cash Interests Payments on Long Term Debt) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Debt Instrument [Line Items]
Interest expense	$ 65,000	$ 34,000	$ 137,672	$ 134,527	$ 126,486
Cash interest paid	85,000	66,000	118,220	130,830	114,849
Debt issuance cost amortization	$ 1,000	$ 1,000	$ 8,078	$ 5,368	$ 4,957

DEBT (Additional Information) (

DEBT (Additional Information) (Detail) shares in Millions	Jan. 07, 2015USD ($)	Jan. 06, 2015USD ($)	Aug. 02, 2014USD ($)shares	May. 05, 2014USD ($)	Jan. 31, 2013USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)exchange_offer	Dec. 31, 2011USD ($)	Dec. 31, 2010USD ($)	Aug. 01, 2014USD ($)	Feb. 11, 2014USD ($)	May. 04, 2012USD ($)	Dec. 31, 2006USD ($)	Aug. 31, 2006USD ($)
Debt Instrument [Line Items]
Debt issuance costs									$ (2,435,000)	$ (220,000)	$ (24,459,000)
Gain (loss) on early extinguishment of debt									0	0	(8,244,000)
Debt exchange rate					85.00%
Liabilities assumed								$ 85,800,000
VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Debt issuance costs									(2,435,000)	(220,000)	(24,459,000)
Notes, principal amount						$ 2,710,000,000	$ 1,344,260,000	1,264,570,000	1,344,260,000	1,264,570,000
Long-term debt						$ 2,823,000,000	$ 1,350,211,000	1,271,782,000	$ 1,350,211,000	1,271,782,000
Verso Paper Finance Holdings LLC
Debt Instrument [Line Items]
Loan from Verso Paper Holdings LLC													$ 23,305,000
Revolving Credit Facilities | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Debt issuance costs, deferred											9,300,000
11.38% Senior Subordinated Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate (percentage)						11.38%	11.38%		11.38%
Asset Based Loan Facility | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, borrowing capacity				$ 40,000,000
Credit Facility, outstanding							$ 30,000,000		$ 30,000,000
Credit facility, remaining borrowing capacity							$ 10,000,000		$ 10,000,000
Interest rate, effective						0.00%	6.25%		6.25%
Debt issuance costs									$ (2,400,000)
Debt instrument, maturity date description	On January 7, 2015, Verso consummated the NewPage acquisition, and as a result, the credit facility was terminated on February 4, 2015.
Notes, principal amount						$ 0	$ 30,000,000	0	30,000,000	0
Long-term debt						0	30,000,000	0	30,000,000	0
Asset Based Loan Facility | Revolving Credit Facilities | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Credit facility, borrowing capacity											150,000,000
Cash Flow Facility | Revolving Credit Facilities | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Credit facility, borrowing capacity											50,000,000					$ 50,000,000
Credit Facility, outstanding						47,500,000	0		0
Credit facility, remaining borrowing capacity						3,000,000	50,000,000		50,000,000
Cash Flow Facility | Letter of Credit | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Credit Facility, outstanding						$ 0	$ 0		$ 0
11.75% Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate (percentage)						11.75%	11.75%		11.75%
11.75% Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate (percentage)						11.75%
Second Priority Senior Secured Floating Rate Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate (percentage)						13.00%
Exchange Offer Two | 11.38% Senior Subordinated Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Notes retired in exchange offer							$ 157,500,000		$ 157,500,000
May2012NoteExchangesCombined [Member] | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Gain (loss) on early extinguishment of debt											26,300,000
Cash paid in exchange offer											$ 22,300,000
Revolving Credit Facilities | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, remaining borrowing capacity						$ 35,000,000	66,900,000		66,900,000
Debt instrument, maturity date description											May 4, 2017
Revolving Credit Facilities | Revolving Credit Facilities | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Credit facility, borrowing capacity																$ 150,000,000
Credit Facility, outstanding						47,000,000	63,000,000		63,000,000
Credit facility, remaining borrowing capacity						$ 32,000,000	$ 6,900,000		$ 6,900,000
Interest rate, effective						4.00%	2.54%		2.54%
Letters of credit outstanding						$ 39,000,000	$ 39,400,000		$ 39,400,000
Notes, principal amount						94,000,000	63,000,000	0	63,000,000	0
Long-term debt						$ 94,000,000	63,000,000	0	63,000,000	0
Weighted average interest rate						4.00%
11.75% Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Debt issuance costs, deferred											$ 10,100,000
Notes, principal amount							$ 417,882,000	417,882,000	417,882,000	417,882,000	$ 345,000,000
Interest rate (percentage)					11.75%						11.75%
Maturity date						Jan. 15, 2019	Jan. 15, 2019				Jan. 15, 2019
Notes issued in exchange offer					$ 72,900,000
Long-term debt							$ 424,654,000	426,076,000	424,654,000	426,076,000
11.75% Senior Secured Notes | 11.75% Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate (percentage)											11.50%
11.75% Senior Secured Notes | 11.75% Secured Notes
Debt Instrument [Line Items]
Interest rate (percentage)	11.75%
11.75% Secured Notes Due in 2019 | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Debt issuance costs, deferred											$ 5,400,000
Notes, principal amount						$ 272,000,000	$ 271,573,000	271,573,000	$ 271,573,000	271,573,000	$ 271,600,000
Interest rate (percentage)						11.75%	11.75%		11.75%		11.75%
Maturity date						Jan. 15, 2019	Jan. 15, 2019
Number of exchange offers | exchange_offer											2
Long-term debt						$ 272,000,000	$ 271,573,000	271,573,000	$ 271,573,000	271,573,000
8.75% Second Priority Senior Secured Notes
Debt Instrument [Line Items]
Principal amount		$ 1,000
Original debt		299,000,000	$ 299,400,000
8.75% Second Priority Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Notes, principal amount						$ 97,000,000	$ 96,647,000	396,000,000	$ 96,647,000	396,000,000		$ 396,000,000
Interest rate (percentage)						8.75%	8.75%		8.75%			8.75%
Maturity date						Feb. 1, 2019						Feb. 1, 2019
Long-term debt						$ 96,000,000	$ 96,447,000	395,018,000	$ 96,447,000	395,018,000
8.75% Second Priority Senior Secured Notes | Exchange Offer One
Debt Instrument [Line Items]
Warrants issued | shares			9.3
Fair value of warrants issued														$ 0
Second Priority Adjustable Senior Secured Notes
Debt Instrument [Line Items]
Interest rate (percentage)	10.00%
Principal amount	$ 593,750,000
Paid-in-kind interest, percentage	3.00%
Increase (decrease) in long term debt	$ 121,000,000
Long-term debt	178,000,000
Converted instrument, amount			$ 299,400,000
Second Priority Adjustable Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Notes, principal amount						$ 178,000,000	$ 299,353,000		$ 299,353,000
Interest rate (percentage)						13.00%	8.75%		8.75%
Maturity date						Aug. 1, 2020	Feb. 1, 2019
Long-term debt						$ 277,000,000	$ 298,732,000		$ 298,732,000
Second Priority Senior Secured Floating Rate Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Interest rate, effective							0.00%		0.00%
Notes, principal amount							$ 0	13,310,000	$ 0	13,310,000								$ 250,000,000
Maturity date							Aug. 1, 2014
Long-term debt							$ 0	13,310,000	0	13,310,000
Principal amount of notes repurchased/repaid									236,700,000
Second Priority Senior Secured Floating Rate Notes | Exchange Offer One | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Notes retired in exchange offer											$ 166,900,000
11.38% Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount		1,000
Original debt		102,000,000	$ 102,000,000
Increase (decrease) in long term debt	$ 39,000,000
11.38% Senior Subordinated Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Notes, principal amount						$ 41,000,000	$ 40,517,000	142,500,000	$ 40,517,000	142,500,000							$ 300,000,000
Interest rate (percentage)						11.38%	11.38%		11.38%
Maturity date						Aug. 1, 2016			Aug. 1, 2016
Long-term debt						$ 41,000,000	$ 40,517,000	$ 142,500,000	$ 40,517,000	142,500,000
11.38% Senior Subordinated Notes | Exchange Offer Two
Debt Instrument [Line Items]
Warrants issued | shares			5.4
Fair value of warrants issued														$ 0
11.38% Senior Subordinated Notes | Exchange Offer Two | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Notes retired in exchange offer											157,500,000
Adjustable Senior Subordinated Notes
Debt Instrument [Line Items]
Interest rate (percentage)	11.00%
Principal amount	$ 620
Paid-in-kind interest, percentage	5.00%
Long-term debt	$ 63,000,000
Converted instrument, amount			$ 102,000,000
Loan from Verso Paper Holdings LLC | Verso Paper Finance Holdings LLC
Debt Instrument [Line Items]
Interest rate (percentage)													6.50%
Maturity date													Dec. 29, 2040
Senior Unsecured Term Loan
Debt Instrument [Line Items]
Gain (loss) on early extinguishment of debt									$ (2,800,000)
Senior Unsecured Term Loan | Verso Paper Finance Holdings LLC
Debt Instrument [Line Items]
Notes issued in exchange offer					$ 85,800,000
11.75% Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Debt Instrument [Line Items]
Gain (loss) on early extinguishment of debt											$ (34,500,000)
8.75% Second Priority Senior Secured Notes
Debt Instrument [Line Items]
Gain (loss) on early extinguishment of debt										$ (6,100,000)
Federal Fund Rate [Member] | Revolving Credit Facilities
Debt Instrument [Line Items]
Interest rate over the reference rate				0.50%
One Month LIBOR [Member] | Revolving Credit Facilities
Debt Instrument [Line Items]
Interest rate over the reference rate				1.00%
Base rate | Revolving Credit Facilities
Debt Instrument [Line Items]
Interest rate over the reference rate									3.00%
London Interbank Offered Rate (LIBOR) | Revolving Credit Facilities
Debt Instrument [Line Items]
Interest rate over the reference rate									4.00%
Subsequent Event [Member] | Asset Based Loan Facility | Revolving Credit Facilities
Debt Instrument [Line Items]
Debt instrument, maturity date description	On January 7, 2015, Verso consummated the NewPage acquisition, and as a result, the credit facility was terminated on February 4, 2015.
Subsequent Event [Member] | 11.75% Senior Secured Notes | 11.75% Secured Notes
Debt Instrument [Line Items]
Interest rate (percentage)	11.75%
Subsequent Event [Member] | 8.75% Second Priority Senior Secured Notes
Debt Instrument [Line Items]
Principal amount		1,000
Original debt		299,400,000
Subsequent Event [Member] | Second Priority Adjustable Senior Secured Notes
Debt Instrument [Line Items]
Interest rate (percentage)	10.00%
Principal amount	$ 593.75
Paid-in-kind interest, percentage	3.00%
Increase (decrease) in long term debt	$ 121,600,000
Long-term debt	177,700,000
Subsequent Event [Member] | 11.38% Senior Subordinated Notes
Debt Instrument [Line Items]
Principal amount		1,000
Original debt		$ 102,000,000
Increase (decrease) in long term debt	$ 38,800,000
Subsequent Event [Member] | Adjustable Senior Subordinated Notes
Debt Instrument [Line Items]
Interest rate (percentage)	11.00%
Principal amount	$ 620
Paid-in-kind interest, percentage	5.00%
Long-term debt	$ 63,200,000
New Page Holding Inc.
Debt Instrument [Line Items]
Liability incurred for the acquisition	650,000,000
New Page Holding Inc. | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, borrowing capacity															$ 350,000,000
New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, remaining borrowing capacity						$ 155,000,000
Interest rate, effective						2.82%
Letters of credit outstanding						$ 38,000,000
Notes, principal amount						145,000,000	0		$ 0
Long-term debt						$ 145,000,000	0		0
New Page Holding Inc. | 11.75% Secured Notes Due in 2019
Debt Instrument [Line Items]
Interest rate, effective						9.50%
Notes, principal amount						$ 734,000,000	0		0
Long-term debt						$ 704,000,000	$ 0		$ 0
New Page Holding Inc. | Subsequent Event [Member]
Debt Instrument [Line Items]
Liability incurred for the acquisition	$ 650,000,000

DEBT (Payments Required Under L

DEBT (Payments Required Under Long-Term Debt) (Detail) - VERSO PAPER HOLDINGS LLC $ in Thousands	Dec. 31, 2014USD ($)
Long-term debt by maturity:
2,015	$ 30,000
2,016	142,500
2,017	63,000
2,018	0
2,019	1,085,455
2020 and thereafter	23,305
Total debt	$ 1,344,260

DEBT (New Page Debt) (Details)

DEBT (New Page Debt) (Details) - USD ($)	Jan. 07, 2015	Feb. 11, 2014	Dec. 31, 2014	Mar. 31, 2015
Revolving Credit Facilities | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable rate			4.00%
Revolving Credit Facilities | Base rate
Debt Instrument [Line Items]
Variable rate			3.00%
Revolving Credit Facilities | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, remaining borrowing capacity			$ 66,900,000	$ 35,000,000
New Page Holding Inc. | Term Loan | Floating Rate Senior Secured Term Loan
Debt Instrument [Line Items]
Face amount		$ 750,000,000
Effective interest rate, if loan is prepaid prior to first anniversary of closing date		3.00%
Effective interest rate, if loan is prepaid on and after first anniversary of closing date		2.00%
Effective interest rate, if loan is prepaid on and after second anniversary of closing date and prior to third anniversary of closing date		0.01
Mandatory prepayment, percentage of net cash proceeds of indebtedness		100.00%
Mandatory prepayment, percentage of net cash proceeds of any non-ordinary course sale or other disposition of assets		100.00%
Reinvestment rights, period		12 months
Reinvestment rights, if contractually committed, period		18 months
Contractual committed, period		12 months
Mandatory prepayment, percentage of excess cash flow		75.00%
Repayment in 2015	$ 3,000,000
Quarterly repayment in 2016	9,000,000
Quarterly repayment in 2017	14,000,000
Quarterly repayment in 2018	19,000,000
New Page Holding Inc. | Term Loan | Floating Rate Senior Secured Term Loan | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable rate		8.25%
New Page Holding Inc. | Term Loan | Floating Rate Senior Secured Term Loan | Base rate
Debt Instrument [Line Items]
Variable rate		7.25%
New Page Holding Inc. | Revolving Credit Facilities
Debt Instrument [Line Items]
Credit facility, borrowing capacity		$ 350,000,000
New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities
Debt Instrument [Line Items]
Long-term Debt			0	145,000,000
Letters of credit, outstanding				38,000,000
Credit facility, remaining borrowing capacity				$ 155,000,000
Interest rate at period end (percentage)				2.82%
Face amount			$ 0	$ 145,000,000
Minimum | New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable rate		1.75%
Minimum | New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities | Base rate
Debt Instrument [Line Items]
Variable rate		0.75%
Maximum | New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable rate		2.25%
Maximum | New Page Holding Inc. | Revolving Credit Facilities | Revolving Credit Facilities | Base rate
Debt Instrument [Line Items]
Variable rate		1.25%
Biron and Rumford Mills | New Page Holding Inc. | Term Loan | Floating Rate Senior Secured Term Loan
Debt Instrument [Line Items]
Proceeds from sale of business	$ 16,000,000

Other Liabilities (Detail)

Other Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Other Liabilities [Line Items]
Pension benefit obligation		$ 40,584		$ 25,231
Asset retirement obligations	$ 15,000	7,515	$ 9,000	12,708
Other liabilities	585,000	60,522		50,425
VERSO PAPER HOLDINGS LLC
Other Liabilities [Line Items]
Pension benefit obligation		40,584		25,231
Non-controlling interests		7,923		7,923
Asset retirement obligations		7,515		12,708
Deferred compensation		3,670		3,495
Other		830		1,068
Other liabilities	$ 585,000	$ 60,522		$ 50,425

Retirement Plans - Defined Bene

Retirement Plans - Defined Benefit Plans - Additional Information (Detail) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]
Curtailment loss			$ 982,000	$ 0	$ 1,517,000
Component of curtailment loss comprised of amortization of prior service cost			500,000		600,000
Component of curtailment loss comprised of net actuarial loss			465,000	0	900,000
Amortization of net actuarial loss into net periodic pension cost in next year from accumulated other comprehensive income			2,000,000
Amortization of prior service cost into net periodic pension cost in next year from accumulated other comprehensive income			400,000
Contribution made by employer	$ 7,000,000	$ 0	7,965,000	389,000	$ 10,700,000
Expected cash contributions in 2015			5,200,000
Accumulated benefit obligation			103,200,000	$ 78,700,000
Actuarial gain (loss)			$ 4,000,000

Retirement Plans - Defined Be77

Retirement Plans - Defined Benefit Plans - Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Compensation and Retirement Disclosure [Abstract]
Service cost	$ 3,000	$ 2,000	$ 5,747	$ 6,613	$ 7,082
Interest cost	16,000	1,000	3,678	3,115	2,876
Expected return on plan assets	(20,000)	(1,000)	(3,617)	(3,303)	(2,791)
Amortization of prior service cost			651	651	740
Amortization of actuarial loss			195	1,631	1,648
Curtailment			982	0	1,517
Net periodic pension cost	$ (1,000)	$ 2,000	$ 7,636	$ 8,707	$ 11,072

Retirement Plans - Defined Be78

Retirement Plans - Defined Benefit Plans - Detail of Prior Service Cost and Net Actuarial Loss Recognized In Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013
Amounts recognized in Accumulated other comprehensive loss:
Prior service cost	$ 756	$ 1,923
Net actuarial loss	$ 26,361	$ 9,512

Retirement Plans - Defined Be79

Retirement Plans - Defined Benefit Plans - Reconciliation of Projected Benefit Obligation and Funded Status (Detail) - USD ($)	3 Months Ended			12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Change in Projected Benefit Obligation:
Benefit obligation at beginning of fiscal year	$ 103,162,000	$ 78,701,000		$ 78,701,000	$ 81,944,000
Service cost	3,000,000		$ 2,000,000	5,747,000	6,613,000	$ 7,082,000
Interest cost	16,000,000		1,000,000	3,678,000	3,115,000	2,876,000
Actuarial (gain) loss				17,493,000	(10,472,000)
Benefits paid				(2,922,000)	(2,499,000)
Curtailment				465,000	0	900,000
Benefit obligation at end of fiscal year			78,701,000	103,162,000	78,701,000	81,944,000
Change in Plan Assets:
Plan assets at fair value at beginning of fiscal year	62,578,000	53,470,000		53,470,000	51,528,000
Actual net return on plan assets				4,065,000	4,052,000
Employer contributions	$ 7,000,000	$ 0		7,965,000	389,000	10,700,000
Benefits paid				(2,922,000)	(2,499,000)
Plan assets at fair value at end of fiscal year			53,470,000	62,578,000	53,470,000	$ 51,528,000
Unfunded projected benefit obligation recognized in other liabilities on the consolidated balance sheets			$ (25,231,000)	$ (40,584,000)	$ (25,231,000)

Retirement Plans - Defined Be80

Retirement Plans - Defined Benefit Plans - Summary of Expected Future Pension Benefit Payments (Detail) $ in Thousands	Dec. 31, 2014USD ($)
Expected future pension benefit payments:
2,015	$ 2,607
2,016	2,887
2,017	3,196
2,018	3,589
2,019	4,048
2020-2024	$ 28,277

Retirement Plans - Defined Be81

Retirement Plans - Defined Benefit Plans - Actuarial Assumptions Used In Defined Benefit Pension Plans (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Weighted average assumptions used to determine benefit obligations as of December 31:
Discount rate	3.83%	4.75%	3.80%
Weighted average assumptions used to determine net periodic pension cost for the fiscal year:
Discount rate	4.75%	3.84%	4.30%
Expected long-term return on plan assets	6.50%	6.50%	6.50%

Retirement Plans - Defined Be82

Retirement Plans - Defined Benefit Plans - Pension Plan's Asset Allocation (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
United States Pension Plan of US Entity | Other securities
Defined Benefit Plan Disclosure [Line Items]
Targeted Allocation		60.00%
United States Pension Plan of US Entity | Fixed income funds
Defined Benefit Plan Disclosure [Line Items]
Allocation	44.00%	48.00%
United States Pension Plan of US Entity | Other funds
Defined Benefit Plan Disclosure [Line Items]
Allocation	11.00%	10.00%
United States Pension Plan of US Entity | Equity securities
Defined Benefit Plan Disclosure [Line Items]
Targeted Allocation		40.00%
United States Pension Plan of US Entity | Domestic equity funds - large cap
Defined Benefit Plan Disclosure [Line Items]
Allocation	27.00%	24.00%
United States Pension Plan of US Entity | Domestic equity funds - small cap
Defined Benefit Plan Disclosure [Line Items]
Allocation	12.00%	12.00%
United States Pension Plan of US Entity | International equity funds
Defined Benefit Plan Disclosure [Line Items]
Allocation	6.00%	6.00%
Minimum | United States Pension Plan of US Entity | Other securities
Defined Benefit Plan Disclosure [Line Items]
Targeted Allocation	55.00%
Minimum | United States Pension Plan of US Entity | Equity securities
Defined Benefit Plan Disclosure [Line Items]
Targeted Allocation	40.00%
Maximum | United States Pension Plan of US Entity | Other securities
Defined Benefit Plan Disclosure [Line Items]
Targeted Allocation	60.00%
Maximum | United States Pension Plan of US Entity | Equity securities
Defined Benefit Plan Disclosure [Line Items]
Targeted Allocation	45.00%
Defined Contribution Pension Plan 401 k [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer matching contribution	$ 6.7	$ 6.7	$ 7.2

Retirement Plans - Defined Be83

Retirement Plans - Defined Benefit Plans - Pension Plan Assets at Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	$ 62,578	$ 53,470	$ 51,528
Fixed income funds
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	27,810	25,764
Domestic equity funds - large cap
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	16,814	13,086
Domestic equity funds - small cap
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	7,569	6,214
International equity funds
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	3,534	3,167
Other funds
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	6,851	5,239
Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	62,578	53,470
Fair Value, Inputs, Level 1 | Fixed income funds
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	27,810	25,764
Fair Value, Inputs, Level 1 | Domestic equity funds - large cap
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	16,814	13,086
Fair Value, Inputs, Level 1 | Domestic equity funds - small cap
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	7,569	6,214
Fair Value, Inputs, Level 1 | International equity funds
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	3,534	3,167
Fair Value, Inputs, Level 1 | Other funds
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	$ 6,851	$ 5,239

Retirement Plans - Defined Cont

Retirement Plans - Defined Contribution Plans - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Salaried and Quinnesec hourly employees defined contribution plan
Defined Contribution Plan [Line Items]
Defined contribution plan expense	$ 4.9	$ 4.8	$ 5.6

Equity Awards - Additional Info

Equity Awards - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized shares for issuance	11,000,000
Share-based compensation expense	$ 1.8	$ 1.8	$ 2.7
Non-employee director stock option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights	vest upon grant
Expiration period	10 years
Officer and management non-qualified time - based stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights	one to three years from the date of grant
Expiration period	7 years
Service and performance-based employee and director stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 5
Weighted average period over which unearned share-based compensation cost is expected to be recognized	2 years 1 month 1 day
Restricted stock award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period over which unearned share-based compensation cost is expected to be recognized	1 year 3 months 18 days
Granted	146,155	295,336	320,414
Weighted-average grant date fair value	$ 3.07	$ 1.29	$ 1.20
Vesting period	3 years
Unrecognized compensation cost	$ 0.5

Equity Awards - Stock Option Pl

Equity Awards - Stock Option Plan Activity (Detail) - Service and performance-based employee and director stock options - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Options Outstanding
Options outstanding, beginning balance	4,433,706	3,885,193	1,781,499
Options granted	2,072,108	564,442	2,193,701
Options forfeited		(15,929)	(90,007)
Options exercised	(41,828)
Options outstanding, ending balance	6,463,986	4,433,706	3,885,193
Weighted Average Exercise Price
Average exercise price, beginning of period	$ 2.38	$ 2.53	$ 3.90
Average exercise price, options granted	2.98	1.29	1.46
Average exercise price, forfeited		1.53	3.48
Average exercise price, exercised	2.51
Average exercise price, end of period	2.57	2.38	2.53
Weighted Average Grant Date Fair Value
Average grant date fair value, beginning of period	1.63	1.73	2.59
Average grant date fair value, options granted	2.34	0.93	1.07
Average grant date fair value, forfeited		1.09	2.52
Average grant date fair value, exercised	1.73
Average grant date fair value, end of period	$ 1.86	$ 1.63	$ 1.73
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Average remaining contractual life, options outstanding	4 years 7 months 14 days
Options exercisable, ending balance	3,297,814
Average exercise price, options exercisable	$ 2.70
Average remaining contractual life, options exercisable	3 years 3 months 1 day
Aggregate intrinsic value, options exercisable	$ 3,571
Options expected to vest	3,166,172
Average exercise price, options expected to vest	$ 2.43
Aggregate intrinsic value, options expected to vest	$ 3,158

Equity Awards - Stock Option 87

Equity Awards - Stock Option Plan Activity (Footnotes) (Detail) - Verso Paper Corp. 2008 Incentive Award Plan - Service and performance-based employee and director stock options	Dec. 31, 2014$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, lowest exercise price in range	$ 0.71
Options outstanding, highest exercise price in range	5.93
Options exercisable, lowest exercise price in range	0.71
Options exercisable, highest exercise price in range	$ 5.93

Equity Awards - Assumptions Use

Equity Awards - Assumptions Used to Estimate Fair Value of Stock Options Granted (Detail) - Verso Paper Corp. 2008 Incentive Award Plan - Service and performance-based employee and director stock options	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted-average life of options granted	4 years 6 months	4 years 6 months
Volatility rates based on historical industry volatility		100.52%
Risk-free interest rates		0.81%
Expected dividend yield	0.00%	0.00%	0.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted-average life of options granted			3 years
Volatility rates based on historical industry volatility	115.45%		94.39%
Risk-free interest rates	1.66%		0.57%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted-average life of options granted			5 years
Volatility rates based on historical industry volatility	116.47%		102.22%
Risk-free interest rates	1.74%		0.83%

Bucksport Energy Asset Invest89

Bucksport Energy Asset Investment - Additional Information (Detail) $ in Millions	Dec. 31, 2013USD ($)
Jointly Owned Utility Plant | Intangibles and other assets
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 2.3

Bucksport Energy Asset Invest90

Bucksport Energy Asset Investment (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)	Mar. 31, 2015USD ($)	Jan. 07, 2015subsidiary	Feb. 28, 2014subsidiary	Dec. 31, 2013USD ($)
Jointly Owned Utility Plant Interests [Line Items]
Ownership of steam and electricity produced	28.00%
Number of subsidiaries | subsidiary			2
Long term purchase commitment for steam Minimum Required Percentage of cogeneration power plant output	72.00%
Other receivables	$ 87,866	$ 280,000			$ 104,624
Current liabilities	$ (300,525)	$ (462,000)			(224,157)
Jointly Owned Utility Plant
Jointly Owned Utility Plant Interests [Line Items]
Other receivables					281
Other assets					214
Property, plant, and equipment					10,692
Accumulated depreciation					(4,668)
Net property, plant, and equipment					6,024
Current liabilities					$ (83)
Bucksport Energy LLC [Member]
Jointly Owned Utility Plant Interests [Line Items]
Ownership of steam and electricity produced				72.00%
Number of subsidiaries | subsidiary				2

Derivative Instruments and He91

Derivative Instruments and Hedges - Schedule of Information About Volume and Fair Value Amounts of Derivative Instruments (Detail) - Commodity swaps - Not Designated as Hedging Instrument $ in Thousands	Mar. 31, 2015USD ($)MMBTU	Dec. 31, 2014USD ($)MMBTU	Dec. 31, 2013USD ($)MMBTU
Derivative [Line Items]
Notional amount | MMBTU	4,710,000	1,876,475	6,652,070
Prepaid expenses and other assets
Derivative [Line Items]
Fair Value Asset		$ 0	$ 15,505
Accrued liabilities
Derivative [Line Items]
Fair Value Liabilities	$ (4,000)	(6,268)	$ (4,959)
Other Liabilities
Derivative [Line Items]
Fair Value Liabilities	$ (1,000)	$ 0

Derivative Instruments and He92

Derivative Instruments and Hedges - Schedule of Information About Effect of Derivative Instruments on Accumulated Other Comprehensive Income and Consolidated Statements of Operations (Detail) - Commodity swaps - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Mar. 31, 2015	[1]	Dec. 31, 2013	[1]	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Loss Recognized in Accumulated OCI					$ 0	$ 0	$ (1,365)
Loss Reclassified from Accumulated OCI					0	0	(283)
Gain (Loss) Recognized on Derivatives					0	0	(50)
Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Loss Reclassified from Accumulated OCI					0	(335)	(5,573)
Gain (Loss) Recognized on Derivatives	$ (2,000)		$ 13,000		$ 4,290	$ 16,117	$ (2,973)
[1]	recognized on derivatives is included in Cost of products sold.

Fair Value of Financial Instr93

Fair Value of Financial Instruments - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred compensation
Assets:
Investments related to deferred compensation plans	$ 4,000	$ 3,670	$ 3,495
Commodity swaps
Assets:
Commodity swaps			15,505
Liabilities:
Commodity swaps	5,000	6,268	4,959
Fair Value, Inputs, Level 1 | Deferred compensation
Assets:
Investments related to deferred compensation plans	4,000	3,670	3,495
Fair Value, Inputs, Level 2 | Commodity swaps
Assets:
Commodity swaps			15,505
Liabilities:
Commodity swaps	$ 5,000	$ 6,268	$ 4,959

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Dec. 31, 2010	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010	Jan. 31, 2013	Dec. 31, 2011	Dec. 29, 2010
Related Party Transaction [Line Items]
Management agreement expiration date		Jun. 1, 2017		Jun. 1, 2017
Return of capital		$ 95,000,000		$ 717,000	$ (94,878,000)	$ 776,000
Capital contribution from a parent				717,000	0	776,000
VERSO PAPER HOLDINGS LLC
Related Party Transaction [Line Items]
Long-term debt		2,823,000,000	$ 1,350,211,000	1,350,211,000	1,271,782,000
Long-term notes receivable from a related party		23,000,000	23,305,000	23,305,000	23,305,000
Distribution To Parent					100,000
Capital contribution from a parent				717,000		776,000
Chase NMTC Verso Investment Fund, LLC | Variable Interest Entity, Primary Beneficiary
Related Party Transaction [Line Items]
Long-term debt		23,305,000	23,305,000	23,305,000	23,305,000					$ 23,305,000
Interest rate (percentage)	6.50%						6.50%		6.50%	6.50%
Notes, maturity date	Dec. 29, 2040						Dec. 29, 2040
Accrued interest payable to a related party		100,000	100,000	100,000	100,000
Interest expense incurred from transactions with a related party				1,500,000	1,500,000
VERSO PAPER HOLDINGS LLC
Related Party Transaction [Line Items]
Long-term notes receivable from a related party		23,000,000	23,305,000	23,305,000	23,305,000
Accrued interest receivable from a related party			100,000	100,000	100,000
Interest income recognized from transactions with a related party				1,500,000	1,500,000
Verso Paper Finance Holdings LLC
Related Party Transaction [Line Items]
Long-term debt	$ 23,305,000	23,305,000	23,305,000	$ 23,305,000	23,305,000		$ 23,305,000			$ 23,305,000
Interest rate (percentage)										6.50%
Notes, maturity date				Dec. 29, 2040
Long-term notes receivable from a related party			23,305,000	$ 23,305,000	23,305,000
Accrued interest receivable from a related party			100,000	100,000	100,000
Interest income recognized from transactions with a related party				1,500,000	1,500,000	1,500,000
Paid-in Capital
Related Party Transaction [Line Items]
Return of capital		$ 95,000,000		717,000	(94,878,000)	$ 776,000
Paid-in Capital | VERSO PAPER HOLDINGS LLC
Related Party Transaction [Line Items]
Return of capital					(94,878,000)
11.75% Senior Secured Notes | VERSO PAPER HOLDINGS LLC
Related Party Transaction [Line Items]
Principal amount of debt issued								$ 72,900,000
Long-term debt			$ 424,654,000	$ 424,654,000	426,076,000
Interest rate (percentage)						11.75%		11.75%
Notes, maturity date		Jan. 15, 2019	Jan. 15, 2019			Jan. 15, 2019
Senior Unsecured Term Loan | Verso Paper Finance Holdings LLC
Related Party Transaction [Line Items]
Principal amount of debt issued								$ 85,800,000
Management Agreement
Related Party Transaction [Line Items]
Management agreement expiration date		Aug. 1, 2018		Aug. 1, 2018
Management fee as a percentage of aggregate enterprise value		1.00%	1.00%	1.00%
Purchases from Apollo				$ 0	$ 0	$ 0

Restructuring Charges - Charges

Restructuring Charges - Charges Incurred Related to Shutdown (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended			27 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Restructuring and Related Cost [Abstract]
Restructuring charges	$ 22,000	$ 134,486	$ 1,378	$ 102,404	$ 103,782
Property and equipment impairment
Restructuring and Related Cost [Abstract]
Restructuring charges			0	66,521	66,521
Severance and benefit costs
Restructuring and Related Cost [Abstract]
Restructuring charges			688	19,373	20,061
Write-off of related spare parts and inventory
Restructuring and Related Cost [Abstract]
Restructuring charges			0	6,934	6,934
Trademark Impairment [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges			0	3,693	3,693
Write-off of purchase obligations and commitments
Restructuring and Related Cost [Abstract]
Restructuring charges			(594)	2,420	1,826
Other miscellaneous costs
Restructuring and Related Cost [Abstract]
Restructuring charges			1,284	$ 3,463	4,747
Salary And Benefit [Member]
Restructuring and Related Cost [Abstract]
Restructuring charges		1,000	$ 500
Bucksport Mill Closure In 2014
Restructuring and Related Cost [Abstract]
Restructuring charges	9,000	134,486			144,000
Bucksport Mill Closure In 2014 | Property and equipment impairment
Restructuring and Related Cost [Abstract]
Restructuring charges	0	88,728			89,000
Bucksport Mill Closure In 2014 | Severance and benefit costs
Restructuring and Related Cost [Abstract]
Restructuring charges	0	26,812			27,000
Bucksport Mill Closure In 2014 | Write-off of related spare parts and inventory
Restructuring and Related Cost [Abstract]
Restructuring charges	0	13,876			14,000
Bucksport Mill Closure In 2014 | Write-off of purchase obligations and commitments
Restructuring and Related Cost [Abstract]
Restructuring charges	6,000	1,531			8,000
Bucksport Mill Closure In 2014 | Other miscellaneous costs
Restructuring and Related Cost [Abstract]
Restructuring charges	$ 3,000	$ 3,539			$ 6,000

Restructuring Charges - Changes

Restructuring Charges - Changes in Restructuring Reserve Liabilities (Detail) T in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)T	Dec. 31, 2013USD ($)
Restructuring Cost and Reserve [Line Items]
Severance costs and personnel costs		$ 30,000
Restructuring Reserve [Roll Forward]
Beginning balance of reserve	$ 24,181	0	$ 5,098
Severance and benefit costs		25,768	196
Purchase obligations	6,000	1,531	0
Ending balance of reserve	2,000	24,181	0
Severance and benefit costs
Restructuring Reserve [Roll Forward]
Restructuring payments	(21,000)	(3,118)	(3,678)
Purchase obligation reserve adjustments	0	0	(461)
Purchase obligations
Restructuring Reserve [Roll Forward]
Restructuring payments	$ (7,000)	0	(561)
Purchase obligation reserve adjustments		$ 0	$ (594)
Coated groundwood paper [Member]
Restructuring Cost and Reserve [Line Items]
Capacity of plant | T		350
Specialty paper [Member]
Restructuring Cost and Reserve [Line Items]
Capacity of plant | T		55
Minimum
Restructuring Cost and Reserve [Line Items]
Pre-tax cash severance and other shutdown charges		$ 40,000
Shutdown costs		10,000
Maximum
Restructuring Cost and Reserve [Line Items]
Pre-tax cash severance and other shutdown charges		45,000
Shutdown costs		$ 15,000

RESTRUCTURING CHARGES (Restruct

RESTRUCTURING CHARGES (Restructuring Reserve) (Details) - USD ($)	3 Months Ended		12 Months Ended			27 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 22,000,000		$ 134,486,000	$ 1,378,000	$ 102,404,000	$ 103,782,000
Restructuring Reserve [Roll Forward]
Beginning balance of reserve	24,181,000	$ 0	0	5,098,000
Severance and benefit costs			25,768,000	196,000
Purchase obligations	6,000,000		1,531,000	0
Ending balance of reserve	2,000,000		24,181,000	0	5,098,000	0
Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges				688,000	19,373,000	20,061,000
Restructuring Reserve [Roll Forward]
Severance and benefit payments	(21,000,000)		(3,118,000)	(3,678,000)
Purchase obligation reserve adjustments	0		0	(461,000)
Purchase obligations
Restructuring Reserve [Roll Forward]
Severance and benefit payments	(7,000,000)		0	(561,000)
Purchase obligation reserve adjustments			0	$ (594,000)
New Page Holding Inc.
Restructuring Reserve [Roll Forward]
Beginning balance of reserve	0
Severance and benefit costs	13,000,000
Severance and benefit payments	(2,000,000)
Ending balance of reserve	11,000,000		0
New Page Holding Inc. | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	13,000,000
Paper segment
Restructuring Cost and Reserve [Line Items]
Restructuring charges			134,500,000		$ 102,400,000
Paper segment | New Page Holding Inc. | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	12,000,000
Bucksport Mill Closure In 2014
Restructuring Cost and Reserve [Line Items]
Restructuring charges	9,000,000		134,486,000			144,000,000
Bucksport Mill Closure In 2014 | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0		$ 26,812,000			$ 27,000,000
Bucksport Mill Closure In 2014 | New Page Holding Inc.
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 0

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Commitments and Contingencies Disclosure [Line Items]
Supply agreement, description	The agreement requires Expera Specialty Solutions, LLC to pay us a variable charge for the paper purchased and a fixed charge for the availability of the paper machine.	The agreement requires Expera Specialty Solutions, LLC (formerly named Thilmany, LLC) to pay us a variable charge for the paper purchased and a fixed charge for the availability of the no. 5 paper machine.
Rent expense		$ 7	$ 9.8	$ 9.2
Supply agreement expiration date	Jun. 1, 2017	Jun. 1, 2017
Latest Expiration
Commitments and Contingencies Disclosure [Line Items]
Operating leases, expiration year		2,021
New Page Holding Inc.
Commitments and Contingencies Disclosure [Line Items]
Contingent fees related to acquisition		$ 5.2

Commitments and Contingencies99

Commitments and Contingencies - Schedule of Future Minimum Rental Payments Due Under Non-Cancelable Operating Leases (Detail) $ in Thousands	Dec. 31, 2014USD ($)
Future minimum operating lease payments due
2,015	$ 2,776
2,016	1,166
2,017	649
2,018	360
2,019	217
Thereafter	33
Total	$ 5,201

Commitments and Contingencie100

Commitments and Contingencies - Schedule of Unconditional Purchase Obligations (Detail) $ in Thousands	Dec. 31, 2014USD ($)
Unconditional purchase obligations, rolling maturity
2,015	$ 55,828
2,016	28,520
2,017	26,973
2,018	26,163
2,019	26,163
Thereafter	95,258
Total	$ 258,905

New Market Tax Credit Entiti101

New Market Tax Credit Entities - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2010	Dec. 31, 2010	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2010	Dec. 29, 2010	Dec. 31, 2011
Variable Interest Entity [Line Items]
Renewable energy project amount								$ 43,000
Verso Paper Finance Holdings LLC
Variable Interest Entity [Line Items]
Interest rate (percentage)							6.50%
Maturity date				Dec. 29, 2040
Chase NMTC Verso Investment Fund, LLC | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Interest rate (percentage)	6.50%	6.50%				6.50%	6.50%	6.50%
Maturity date	Dec. 29, 2040					Dec. 29, 2040
Put option, anticipated exercise date			2017-12				2017-12
Tax credit, recapture percentage		100.00%	100.00%
Tax credit, recapture period		7 years	7 years
VERSO PAPER HOLDINGS LLC
Variable Interest Entity [Line Items]
Non-controlling interests				$ 7,923	$ 7,923
VERSO PAPER HOLDINGS LLC | Variable Interest Entity, Primary Beneficiary | Chase NMTC Verso Investment Fund, LLC | Verso Paper Finance Holdings LLC
Variable Interest Entity [Line Items]
Related party debt, outstanding amount	$ 23,305	$ 23,305				$ 23,305
Interest rate (percentage)								6.50%
Maturity date					Dec. 29, 2040

New Market Tax Credit Entiti102

New Market Tax Credit Entities - Schedule of Impact of Consolidated VIE (Detail) - Chase NMTC Verso Investment Fund, LLC - VERSO PAPER HOLDINGS LLC - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Variable Interest Entity [Line Items]
Variable interest entity, consolidated assets	$ 23,000	$ 23,404	$ 23,405
Variable interest entity, consolidated liabilities	31,000	31,369	31,369
Current assets
Variable Interest Entity [Line Items]
Variable interest entity, consolidated assets		14	15
Non-current assets
Variable Interest Entity [Line Items]
Variable interest entity, consolidated assets		23,390	23,390
Current liabilities
Variable Interest Entity [Line Items]
Variable interest entity, consolidated liabilities		141	141
Long-term debt
Variable Interest Entity [Line Items]
Variable interest entity, consolidated liabilities	23,000	23,305	23,305
Other non-current liabilities
Variable Interest Entity [Line Items]
Variable interest entity, consolidated liabilities	$ 8,000	$ 7,923	$ 7,923

Information by Industry Segm103

Information by Industry Segment - Additional Information (Detail) - Segment	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Segment Reporting [Abstract]
Number of reporting segments	2	2

Information by Industry Segm104

Information by Industry Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Net sales	$ 806,000	$ 299,000	$ 1,296,613	$ 1,388,899	$ 1,474,612
Operating Income (Loss)	(56,000)	(47,000)	(174,717)	33,900	(32,370)
Depreciation, amortization, and depletion	57,000	26,000	90,897	104,730	118,178
Capital Spending	9,000	16,000	41,963	40,660	59,909
Paper segment
Segment Reporting Information [Line Items]
Net sales	748,000	263,000	1,135,962	1,232,800	1,333,796
Operating Income (Loss)	(44,000)	(51,000)	(193,667)	12,360	(41,585)
Depreciation, amortization, and depletion	51,000	21,000	75,572	86,605	100,178
Capital Spending	7,000	13,000	32,338	34,908	60,234
Pulp segment
Segment Reporting Information [Line Items]
Net sales	63,000	36,000	160,651	156,099	140,816
Operating Income (Loss)	(12,000)	4,000	18,950	21,540	9,215
Depreciation, amortization, and depletion	6,000	5,000	15,325	18,125	18,000
Capital Spending	2,000	3,000	9,625	5,752	(325)
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales	(5,000)	0
VERSO PAPER HOLDINGS LLC
Segment Reporting Information [Line Items]
Net sales	806,000	299,000	1,296,613	1,388,899	1,474,612
Depreciation, amortization, and depletion	57,000	26,000	90,897	104,730	118,178
Capital Spending	$ 9,000	$ 16,000	$ 41,963	$ 40,660	$ 59,909

Information by Industry Segm105

Information by Industry Segment (Footnotes) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended			27 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Segment Reporting Information [Line Items]
Restructuring charges	$ 22,000	$ 134,486	$ 1,378	$ 102,404	$ 103,782
Other operating income		0	$ 3,971	60,594
Paper segment
Segment Reporting Information [Line Items]
Restructuring charges		$ 134,500		102,400
Other operating income				60,600
Pulp segment
Segment Reporting Information [Line Items]
Cash inflow from Governmental grants associated with a renewable energy project				$ 14,700

Condensed Consolidating Fina106

Condensed Consolidating Financial Information - Additional Information (Detail) - VERSO PAPER HOLDINGS LLC	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership interest in subsidiary	100.00%	100.00%
11.75% Senior Secured Notes
Condensed Financial Statements, Captions [Line Items]
Interest rate (percentage)	11.75%	11.75%
Debt Instrument Maturity Year		2,019
8.75% Second Priority Senior Secured Notes
Condensed Financial Statements, Captions [Line Items]
Interest rate (percentage)	8.75%	8.75%
Debt Instrument Maturity Year		2,019
11.38% Senior Subordinated Notes
Condensed Financial Statements, Captions [Line Items]
Interest rate (percentage)	11.38%	11.38%
Debt Instrument Maturity Year		2,016
Second Priority Senior Secured Floating Rate Notes
Condensed Financial Statements, Captions [Line Items]
Interest rate (percentage)	13.00%

Condensed Consolidating Balance

Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands		Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents		$ 14,000		$ 5,541		$ 4,000	$ 11,240	$ 61,470	$ 94,795
Accounts receivable, net		280,000		87,866			104,624
Inventories		536,000		110,724			137,687
Assets held for sale		0		60,964			50
Prepaid expenses and other assets		30,000		10,812			20,621
Total current assets		860,000		275,907			274,222
Property, plant, and equipment, net		2,053,000		530,537			742,946
Intangibles and other assets, net(1)		138,000		94,497			104,760
Total assets		3,051,000		900,941			1,121,928
LIABILITIES AND MEMBER'S EQUITY
Accounts payable		206,000		62,814			88,412
Accrued liabilities		243,000		205,513			122,435
Current maturities of long-term debt		13,000		30,000			13,310
Liabilities related to assets held for sale		0		2,198			0
Total current liabilities		462,000		300,525			224,157
Long-term debt		2,810,000		1,320,211			1,258,472
Other long-term liabilities		585,000		60,522			50,425
Member's (deficit) equity		(806,000)		(780,317)		(502,000)	(411,126)	(220,599)	(61,184)
Total liabilities and equity		3,051,000		900,941			1,121,928
VERSO PAPER HOLDINGS LLC
ASSETS
Cash and cash equivalents		14,000		5,541		4,000	11,240	61,470	94,795
Accounts receivable, net		280,000		87,866			104,624
Inventories		536,000		110,724			137,687
Assets held for sale				60,964			50
Prepaid expenses and other assets		30,000		10,812			20,621
Total current assets		860,000		275,907			274,222
Property, plant, and equipment, net		2,053,000		530,537			742,946
Intercompany/affiliate receivable				0
Intangibles and other assets, net(1)		138,000	[1]	94,497			104,760
Total assets		3,051,000		900,941			1,121,928
LIABILITIES AND MEMBER'S EQUITY
Accounts payable		206,000		62,814			88,412
Accrued liabilities		243,000		205,513			122,435
Current maturities of long-term debt		13,000		30,000			13,310
Liabilities related to assets held for sale				2,198
Total current liabilities		462,000		300,525			224,157
Long-term debt		2,810,000	[2]	1,320,211			1,258,472
Other long-term liabilities		585,000		60,522			50,425
Member's (deficit) equity		(806,000)		(780,317)			(411,126)
Total liabilities and equity		3,051,000		900,941			1,121,928
VERSO PAPER HOLDINGS LLC | Parent Issuer
ASSETS
Cash and cash equivalents		0		0			0
Accounts receivable, net		0
Inventories		0
Assets held for sale				0
Prepaid expenses and other assets		0
Total current assets		0
Property, plant, and equipment, net		0
Intercompany/affiliate receivable		1,380,000		1,396,872			1,335,323
Intangibles and other assets, net(1)		0
Total assets		1,380,000		1,396,872			1,335,323
LIABILITIES AND MEMBER'S EQUITY
Accrued liabilities		43,000		77,581			58,847
Current maturities of long-term debt							13,310
Liabilities related to assets held for sale				0
Total current liabilities		43,000		77,581			72,157
Intercompany/affiliate payable				0
Investment in subsidiaries		187,000		802,702	[3]		439,125
Long-term debt		1,956,000	[2]	1,296,906	[4]		1,235,167
Other long-term liabilities		0		0
Member's (deficit) equity		(806,000)		(780,317)			(411,126)
Total liabilities and equity		1,380,000		1,396,872			1,335,323
VERSO PAPER HOLDINGS LLC | Guarantor Subsidiaries
ASSETS
Cash and cash equivalents		5,000		5,526		4,000	11,230	61,453	94,722
Accounts receivable, net		86,000		87,866			104,624
Inventories		121,000		110,724			137,687
Assets held for sale				60,014			50
Prepaid expenses and other assets		8,000		9,308			20,616
Total current assets		220,000		273,438			274,207
Property, plant, and equipment, net		494,000		507,619			724,063
Intercompany/affiliate receivable		8,000		2,335			1,393
Intangibles and other assets, net(1)		87,000	[1]	93,311	[5]		103,424
Total assets		809,000		876,703			1,103,087
LIABILITIES AND MEMBER'S EQUITY
Accounts payable		52,000		62,799			88,397
Accrued liabilities		69,000		127,432			63,462
Current maturities of long-term debt		0
Liabilities related to assets held for sale				2,198
Total current liabilities		121,000		192,429			151,859
Intercompany/affiliate payable		1,399,000		1,423,289			1,335,323
Investment in subsidiaries		14,000		13,341	[3]		12,124
Long-term debt				0
Other long-term liabilities		53,000		52,599			42,502
Member's (deficit) equity		(778,000)		(804,955)			(438,721)
Total liabilities and equity		809,000		876,703			1,103,087
VERSO PAPER HOLDINGS LLC | Subsidiary Issuer
ASSETS
Cash and cash equivalents		0		0		0	0
Accounts receivable, net		0		0
Inventories		0		0
Assets held for sale				0
Prepaid expenses and other assets		0		0
Total current assets		0		0
Property, plant, and equipment, net		0		0
Intercompany/affiliate receivable		0		0
Intangibles and other assets, net(1)		0		0
Total assets		0		0
LIABILITIES AND MEMBER'S EQUITY
Accounts payable		0
Accrued liabilities		0
Current maturities of long-term debt		0
Liabilities related to assets held for sale				0
Total current liabilities		0		0
Intercompany/affiliate payable		0
Investment in subsidiaries		0
Long-term debt		0		0
Other long-term liabilities		0
Member's (deficit) equity		0
Total liabilities and equity		0		0
VERSO PAPER HOLDINGS LLC | Other
ASSETS
Cash and cash equivalents				15			10
Accounts receivable, net		0		0
Inventories		0		0
Assets held for sale				950
Prepaid expenses and other assets				1,504
Total current assets				2,469
Property, plant, and equipment, net		23,000		23,206
Intercompany/affiliate receivable		31,000		57,570
Intangibles and other assets, net(1)		1,000	[1]	1,186	[5]
Total assets		55,000		84,431
LIABILITIES AND MEMBER'S EQUITY
Accounts payable		0		15
Accrued liabilities		0		500
Current maturities of long-term debt		0		30,000
Liabilities related to assets held for sale				0
Total current liabilities				30,515
Intercompany/affiliate payable		35,000		33,488
Investment in subsidiaries		0
Long-term debt		23,000	[2]	23,305	[4]
Other long-term liabilities		8,000		8,142
Member's (deficit) equity		(11,000)		(11,019)
Total liabilities and equity		55,000		84,431
VERSO PAPER HOLDINGS LLC | Non-Guarantor Subsidiary
ASSETS
Cash and cash equivalents				5			0
Assets held for sale				950
Prepaid expenses and other assets				1,500
Total current assets				2,455
Property, plant, and equipment, net				23,206			19,171
Intercompany/affiliate receivable				26,417
Intangibles and other assets, net(1)				1,101			1,251
Total assets				53,179			20,422
LIABILITIES AND MEMBER'S EQUITY
Accrued liabilities				374
Current maturities of long-term debt				30,000
Total current liabilities				30,374
Intercompany/affiliate payable				33,488			32,546
Member's (deficit) equity				(10,683)			(12,124)
Total liabilities and equity				53,179			20,422
VERSO PAPER HOLDINGS LLC | Non-Guarantor Affiliate
ASSETS
Cash and cash equivalents				10			10	$ 17	$ 73
Prepaid expenses and other assets				4			5
Total current assets				14			15
Intercompany/affiliate receivable				31,153			31,153
Intangibles and other assets, net(1)				85			85
Total assets				31,252			31,253
LIABILITIES AND MEMBER'S EQUITY
Accounts payable				15			15
Accrued liabilities				126			126
Total current liabilities				141			141
Long-term debt				23,305			23,305
Other long-term liabilities				8,142			8,087
Member's (deficit) equity				(336)			(280)
Total liabilities and equity				31,252			31,253
VERSO PAPER HOLDINGS LLC | Eliminations
ASSETS
Cash and cash equivalents		0		0		$ 0	0
Accounts receivable, net		0		0
Inventories		0		0
Assets held for sale				0
Prepaid expenses and other assets		0		0
Total current assets		0		0
Property, plant, and equipment, net		0		(288)			(288)
Intercompany/affiliate receivable		(1,438,000)		(1,456,777)			(1,367,869)
Intangibles and other assets, net(1)		(5,000)	[1]	0
Total assets		(1,443,000)		(1,457,065)			(1,368,157)
LIABILITIES AND MEMBER'S EQUITY
Accrued liabilities		0		0
Current maturities of long-term debt		0
Liabilities related to assets held for sale				0
Total current liabilities				0
Intercompany/affiliate payable		(1,438,000)		(1,456,777)			(1,367,869)
Investment in subsidiaries		(201,000)		(816,043)	[3]		(451,249)
Long-term debt		(5,000)	[2]	0
Other long-term liabilities		0		(219)			(164)
Member's (deficit) equity		201,000		815,974			451,125
Total liabilities and equity		(1,443,000)		(1,457,065)			$ (1,368,157)
New Page Holding Inc. | VERSO PAPER HOLDINGS LLC | Non-Guarantor Subsidiary
ASSETS
Cash and cash equivalents		9,000
Accounts receivable, net		194,000
Inventories		415,000
Assets held for sale				0
Prepaid expenses and other assets		22,000
Total current assets		640,000		0
Property, plant, and equipment, net		1,536,000
Intercompany/affiliate receivable		19,000
Intangibles and other assets, net(1)	[1]	55,000
Total assets		2,250,000
LIABILITIES AND MEMBER'S EQUITY
Accounts payable		154,000
Accrued liabilities		131,000		0
Current maturities of long-term debt		13,000
Liabilities related to assets held for sale				0
Total current liabilities		298,000
Intercompany/affiliate payable		4,000
Investment in subsidiaries		0
Long-term debt		836,000	[2]	0
Other long-term liabilities		524,000		$ 0
Member's (deficit) equity		588,000
Total liabilities and equity		$ 2,250,000
[1]	Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance.
[2]	Long-term debt of Non-Guarantor Affiliate is payable to Verso Finance.
[3]	Certain amounts in the prior year presentation have been reclassified to conform to the current year presentation.
[4]	Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance.
[5]	Intangibles and other assets, net of Guarantor Subsidiaries include $23 million of a long-term note receivable from Verso Finance.

Condensed Consolidating Bala108

Condensed Consolidating Balance Sheet (Footnotes) (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Verso Paper Finance Holdings LLC
Condensed Financial Statements, Captions [Line Items]
Long-term note receivable		$ 23,305	$ 23,305
VERSO PAPER HOLDINGS LLC
Condensed Financial Statements, Captions [Line Items]
Long-term note receivable	$ 23,000	23,305	23,305
Guarantor Subsidiaries | VERSO PAPER HOLDINGS LLC
Condensed Financial Statements, Captions [Line Items]
Long-term note receivable		$ 23,305	$ 23,300

Condensed Consolidating Stateme

Condensed Consolidating Statements of Operations and Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended			27 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 806,000	$ 299,000	$ 1,296,613	$ 1,388,899	$ 1,474,612
Cost of products sold (exclusive of depreciation, amortization, and depletion)	728,000	302,000	1,176,002	1,179,085	1,272,630
Depreciation, amortization, and depletion	57,000	26,000	90,897	104,730	118,178
Selling, general, and administrative expenses	55,000	18,000	69,945	73,777	74,364
Restructuring charges	22,000		134,486	1,378	102,404	$ 103,782
Other operating income			0	(3,971)	(60,594)
Interest income			(1,517)	(1,539)	(1,523)
Interest expense	66,000	34,000	143,846	138,626	127,943
Other loss, net	0	10,000	38,898	7,965	7,380
Net loss	(122,000)	(91,000)	(355,944)	(111,152)	(166,170)
Other comprehensive income (loss)	0	0	(15,682)	13,838	3,385
Comprehensive loss	(122,000)	(91,000)	(371,626)	(97,314)	(162,785)
VERSO PAPER HOLDINGS LLC
Condensed Financial Statements, Captions [Line Items]
Net sales	806,000	299,000	1,296,613	1,388,899	1,474,612
Cost of products sold (exclusive of depreciation, amortization, and depletion)	728,000	302,000	1,176,002	1,179,085	1,272,630
Depreciation, amortization, and depletion	57,000	26,000	90,897	104,730	118,178
Selling, general, and administrative expenses	55,000	18,000	69,945	73,777	74,364
Restructuring charges	22,000		134,486	1,378	102,404
Other operating income	0			(3,971)	(60,594)
Interest income	0	0	(1,517)	(1,539)	(1,523)
Interest expense	66,000	34,000	143,846	138,626	127,943
Other loss, net		10,000	38,898	7,965	7,380
Equity in net loss of subsidiaries	0	0	0	0	0
Net loss	(122,000)	(91,000)	(355,944)	(111,152)	(166,170)
Other comprehensive income (loss)	0	0	(15,682)	13,838	3,385
Comprehensive loss	(122,000)	(91,000)	(371,626)	(97,314)	(162,785)
VERSO PAPER HOLDINGS LLC | Parent Issuer
Condensed Financial Statements, Captions [Line Items]
Net sales		0	0	0	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)		0		0	0
Depreciation, amortization, and depletion		0		0	0
Selling, general, and administrative expenses		0	0	0	0
Restructuring charges				0	0
Other operating income					0
Interest income	(47,000)	(35,000)	(141,246)	(138,298)	(129,801)
Interest expense	47,000	35,000	141,246	138,298	129,801
Other loss, net			0	2,800	8,244
Equity in net loss of subsidiaries	(122,000)	(91,000)	(355,944)	(108,352)	(157,926)
Net loss	$ (122,000)	(91,000)	(355,944)	(111,152)	(166,170)
Other comprehensive income (loss)		0	(15,682)	13,838	3,385
Comprehensive loss	$ (122,000)	(91,000)	(371,626)	(97,314)	(162,785)
VERSO PAPER HOLDINGS LLC | Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Net sales	0	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)	0	0
Depreciation, amortization, and depletion	0	0
Selling, general, and administrative expenses	0	0
Restructuring charges	0
Other operating income	0
Interest income	0	0
Interest expense	0	0
Other loss, net		0
Equity in net loss of subsidiaries	0	0
Net loss	0	0
Other comprehensive income (loss)	0	0
Comprehensive loss	0	0
VERSO PAPER HOLDINGS LLC | Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	258,000	299,000	1,296,613	1,388,899	1,474,612
Cost of products sold (exclusive of depreciation, amortization, and depletion)	239,000	302,000	1,177,981	1,179,085	1,272,630
Depreciation, amortization, and depletion	17,000	26,000	89,509	103,655	117,014
Selling, general, and administrative expenses	27,000	18,000	71,336	75,452	76,039
Restructuring charges	15,000		134,486	1,378	102,404
Other operating income	(12,000)			(3,971)	(60,594)
Interest income	0	0	(1,517)	(1,539)	(1,523)
Interest expense	47,000	34,000	139,385	137,083	126,399
Other loss, net		10,000	38,898	5,165	(864)
Equity in net loss of subsidiaries		0		0	0
Net loss	$ (75,000)	(91,000)	(353,465)	(107,409)	(156,893)
Other comprehensive income (loss)		0	(15,682)	13,838	3,385
Comprehensive loss	$ (75,000)	(91,000)	(369,147)	(93,571)	(153,508)
VERSO PAPER HOLDINGS LLC | Non-Guarantor Subsidiary
Condensed Financial Statements, Captions [Line Items]
Net sales			3,098	0	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)			1,119	0	0
Depreciation, amortization, and depletion			1,388	1,075	1,164
Selling, general, and administrative expenses			(1,422)	(1,707)	(1,707)
Restructuring charges				0	0
Other operating income					0
Interest income				0	0
Interest expense			4,492	1,574	1,575
Other loss, net			0	0	0
Equity in net loss of subsidiaries				0	0
Net loss			(2,479)	(942)	(1,032)
Other comprehensive income (loss)				0	0
Comprehensive loss			(2,479)	(942)	(1,032)
VERSO PAPER HOLDINGS LLC | Non-Guarantor Affiliate
Condensed Financial Statements, Captions [Line Items]
Net sales			0	0	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)				0	0
Depreciation, amortization, and depletion			55	55	55
Selling, general, and administrative expenses			31	32	32
Restructuring charges			0	0	0
Other operating income					0
Interest income			(1,546)	(1,546)	(1,546)
Interest expense			1,515	1,515	1,515
Other loss, net			0	0	0
Equity in net loss of subsidiaries					0
Net loss			(55)	(56)	(56)
Other comprehensive income (loss)				0	0
Comprehensive loss			(55)	(56)	(56)
VERSO PAPER HOLDINGS LLC | Other
Condensed Financial Statements, Captions [Line Items]
Net sales	1,000	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)	0	0
Depreciation, amortization, and depletion	0	0
Selling, general, and administrative expenses	0	0
Interest income	0	0
Interest expense	1,000	0
Other loss, net		0
Equity in net loss of subsidiaries		0
Net loss	0	0
Comprehensive loss	0	0
VERSO PAPER HOLDINGS LLC | Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(6,000)	0	(3,098)	0	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)	(6,000)	0	(3,098)		0
Depreciation, amortization, and depletion	0	0	(55)	(55)	(55)
Selling, general, and administrative expenses		0	0	0	0
Restructuring charges			0		0
Other operating income					0
Interest income	47,000	35,000	142,792	139,844	131,347
Interest expense	(47,000)	(35,000)	(142,792)	(139,844)	(131,347)
Other loss, net		0	0	0	0
Equity in net loss of subsidiaries	122,000	91,000	355,944	108,352	157,926
Net loss	$ 122,000	91,000	355,999	108,407	157,981
Other comprehensive income (loss)		0	15,682	(13,838)	(3,385)
Comprehensive loss	$ 122,000	91,000	371,681	$ 94,569	$ 154,596
New Page Holding Inc.
Condensed Financial Statements, Captions [Line Items]
Other loss, net			$ 38,898
New Page Holding Inc. | VERSO PAPER HOLDINGS LLC | Non-Guarantor Subsidiary
Condensed Financial Statements, Captions [Line Items]
Net sales	553,000	0
Cost of products sold (exclusive of depreciation, amortization, and depletion)	495,000	0
Depreciation, amortization, and depletion	40,000	0
Selling, general, and administrative expenses	28,000	0
Restructuring charges	7,000
Other operating income	12,000
Interest income		0
Interest expense	18,000	0
Other loss, net		0
Equity in net loss of subsidiaries		0
Net loss	(47,000)	0
Comprehensive loss	$ (47,000)	$ 0

Condensed Consolidating Stat110

Condensed Consolidating Statements of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	$ (204,000)	$ (96,000)	$ (58,343)	$ (27,462)	$ 11,302
Cash Flows From Investing Activities:
Proceeds from sale of assets	51,000	0	809	28,397	1,731
Proceeds from insurance settlement			0	0	51,003
Transfers to (from) restricted cash	2,000	2,000	844	(1,492)	106
Capital expenditures	(9,000)	(16,000)	(41,963)	(40,660)	(59,909)
Other investing activities	0	5,000	15,020	0	0
Acquisition, net of cash acquired	(128,000)	0
Investment in parent securities	5,000	0
Net cash used in investing activities	167,000	(9,000)	(25,290)	(13,755)	(7,069)
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities	317,000	135,000	433,449	145,000	112,500
Payments on revolving credit facilities	(272,000)	(37,000)	(340,449)	(145,000)	(112,500)
Proceeds from long-term debt			0	0	(341,191)
Return of capital			0	(8,653)	0
Repayments of long-term debt			(13,310)	0	(354,984)
Debt issuance costs			(2,435)	(220)	(24,459)
Contribution from parent			717	0	776
Cash distributions			(38)	(140)	(82)
Payments to parent	0
Net cash provided by (used in) financing activities	45,000	98,000	77,934	(9,013)	(37,558)
Change in cash and cash equivalents	8,000	(7,000)	(5,699)	(50,230)	(33,325)
Cash and cash equivalents at beginning of period	5,541	11,240	11,240	61,470	94,795
Cash and cash equivalents at end of period	14,000	4,000	5,541	11,240	61,470
VERSO PAPER HOLDINGS LLC
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	(204,000)	(96,000)	(58,343)	(27,462)	11,302
Cash Flows From Investing Activities:
Proceeds from sale of assets	51,000		809	28,397	1,731
Proceeds from insurance settlement					51,003
Transfers to (from) restricted cash	2,000	2,000	844	(1,492)	106
Capital expenditures	(9,000)	(16,000)	(41,963)	(40,660)	(59,909)
Other investing activities		5,000	15,020
Return of capital to Parent Issuer	0
Payments from subsidiaries	0	0		0
Acquisition, net of cash acquired	(128,000)
Investment in parent securities	5,000
Net cash used in investing activities	167,000	(9,000)	(25,290)	(13,755)	(7,069)
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities	317,000	135,000	433,449	145,000	112,500
Payments on revolving credit facilities	(272,000)	(37,000)	(340,449)	(145,000)	(112,500)
Proceeds from long-term debt					(341,191)
Return of capital	0			(8,653)
Repayments of long-term debt			(13,310)		(354,984)
Debt issuance costs			(2,435)	(220)	(24,459)
Contribution from parent			717		776
Cash distributions			(38)	(140)	(82)
Payments to parent	0	0		0
Net cash provided by (used in) financing activities	45,000	98,000	77,934	(9,013)	(37,558)
Change in cash and cash equivalents	8,000	(7,000)	(5,699)	(50,230)	(33,325)
Cash and cash equivalents at beginning of period	5,541	11,240	11,240	61,470	94,795
Cash and cash equivalents at end of period	14,000	4,000	5,541	11,240	61,470
VERSO PAPER HOLDINGS LLC | Parent Issuer
Cash Flows From Investing Activities:
Other investing activities		0	0
Return of capital to Parent Issuer	73,000			8,653
Advances to subsidiaries	(178,000)	(135,000)	(326,680)	(145,000)	(454,467)
Payments from subsidiaries	74,000	37,000	276,311	145,360	492,025
Acquisition, net of cash acquired	0
Investment in parent securities	0
Net cash used in investing activities	(31,000)	(98,000)	(50,369)	9,013	37,558
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities	75,000	135,000	298,250	145,000	112,500
Payments on revolving credit facilities	(44,000)	(37,000)	(235,250)	(145,000)	(112,500)
Proceeds from long-term debt					(341,191)
Return of capital	0			(8,653)
Repayments of long-term debt			(13,310)		(354,984)
Debt issuance costs				(220)	(24,459)
Contribution from parent			717		776
Cash distributions			(38)	(140)	(82)
Payments to parent	0	0		0
Net cash provided by (used in) financing activities	31,000	98,000	50,369	(9,013)	(37,558)
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	0		0	0
VERSO PAPER HOLDINGS LLC | Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	0	0
Cash Flows From Investing Activities:
Proceeds from sale of assets	0
Transfers to (from) restricted cash	0	0
Capital expenditures	0	0
Other investing activities		0
Advances to subsidiaries	0	0
Payments from subsidiaries	0	0
Acquisition, net of cash acquired	0
Investment in parent securities	0
Net cash used in investing activities	0	0
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities	0	0
Payments on revolving credit facilities	0	0
Return of capital	0
Advances from parent	0	0
Payments to parent		0
Net cash provided by (used in) financing activities	0	0
Change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	0	0	0	0
VERSO PAPER HOLDINGS LLC | Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	(124,000)	(96,000)	(60,051)	(27,609)	9,449
Cash Flows From Investing Activities:
Proceeds from sale of assets	50,000		766	28,397	1,731
Proceeds from insurance settlement					51,003
Transfers to (from) restricted cash	2,000	2,000	2,222	(1,338)	184
Capital expenditures	(3,000)	(16,000)	(41,743)	(40,660)	(68,585)
Other investing activities		5,000	15,020
Advances to subsidiaries		0
Payments from subsidiaries	0	0	0		10,507
Acquisition, net of cash acquired	0
Investment in parent securities	0
Net cash used in investing activities	49,000	(9,000)	(23,735)	(13,601)	(5,160)
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities		0
Payments on revolving credit facilities		0
Return of capital	0			(8,653)
Contribution from parent			0
Advances from parent	148,000	135,000	326,680	145,000	454,467
Payments to parent	(74,000)	(37,000)	(248,598)	(145,360)	(492,025)
Net cash provided by (used in) financing activities	74,000	98,000	78,082	(9,013)	(37,558)
Change in cash and cash equivalents	(1,000)	(7,000)	(5,704)	(50,223)	(33,269)
Cash and cash equivalents at beginning of period	5,526	11,230	11,230	61,453	94,722
Cash and cash equivalents at end of period	5,000	4,000	5,526	11,230	61,453
VERSO PAPER HOLDINGS LLC | Non-Guarantor Subsidiary
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities			1,708	154	1,909
Cash Flows From Investing Activities:
Proceeds from sale of assets			43
Transfers to (from) restricted cash			(1,378)	(154)	(78)
Capital expenditures			(220)		8,676
Other investing activities			0
Payments from subsidiaries			0
Net cash used in investing activities			(1,555)	(154)	8,598
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities			135,199
Payments on revolving credit facilities			(105,199)
Return of capital			(1,296)
Debt issuance costs			(2,435)
Contribution from parent			0
Cash distributions					(10,507)
Payments to parent			(26,417)
Net cash provided by (used in) financing activities			(148)		(10,507)
Change in cash and cash equivalents			5
Cash and cash equivalents at beginning of period	5	0	0
Cash and cash equivalents at end of period			5	0
VERSO PAPER HOLDINGS LLC | Non-Guarantor Affiliate
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities			0	(7)	(56)
Cash Flows From Investing Activities:
Other investing activities			0
Payments from subsidiaries			0
Net cash used in investing activities			0
Cash Flows From Financing Activities:
Contribution from parent			0
Net cash provided by (used in) financing activities			0
Change in cash and cash equivalents				(7)	(56)
Cash and cash equivalents at beginning of period	10	10	10	17	73
Cash and cash equivalents at end of period			10	10	17
VERSO PAPER HOLDINGS LLC | Other
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities		0
Cash Flows From Investing Activities:
Transfers to (from) restricted cash		0
Other investing activities		0
Advances to subsidiaries		0
Payments from subsidiaries	0	0
Acquisition, net of cash acquired	0
Investment in parent securities	0
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities		0
Payments on revolving credit facilities	(30,000)	0
Return of capital	0
Advances from parent	30,000	0
Payments to parent		0
Cash and cash equivalents at beginning of period	15	10	10
Cash and cash equivalents at end of period			15	10
VERSO PAPER HOLDINGS LLC | Eliminations
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	0	0
Cash Flows From Investing Activities:
Proceeds from sale of assets	0		0
Transfers to (from) restricted cash	0	0	0
Capital expenditures	0	0	0
Other investing activities		0	0
Return of capital to Parent Issuer	(73,000)			(8,653)
Advances to subsidiaries	178,000	135,000	326,680	145,000	454,467
Payments from subsidiaries	(74,000)	(37,000)	(276,311)	(145,360)	(502,532)
Acquisition, net of cash acquired	0
Investment in parent securities	0
Net cash used in investing activities	31,000	98,000	50,369	(9,013)	(48,065)
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities		0
Payments on revolving credit facilities	0	0
Return of capital	73,000		1,296	8,653
Cash distributions					10,507
Advances from parent	(178,000)	(135,000)	(326,680)	(145,000)	(454,467)
Payments to parent	74,000	37,000	275,015	145,360	492,025
Net cash provided by (used in) financing activities	(31,000)	(98,000)	(50,369)	9,013	$ 48,065
Change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	0	0	$ 0	$ 0
New Page Holding Inc. | VERSO PAPER HOLDINGS LLC | Non-Guarantor Subsidiary
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	(80,000)
Cash Flows From Investing Activities:
Proceeds from sale of assets	1,000
Transfers to (from) restricted cash	0
Capital expenditures	(6,000)
Other investing activities		0
Advances to subsidiaries		0
Payments from subsidiaries	0	0
Acquisition, net of cash acquired	(128,000)
Investment in parent securities	5,000
Net cash used in investing activities	118,000
Cash Flows From Financing Activities:
Borrowings on revolving credit facilities	242,000	0
Payments on revolving credit facilities	(198,000)	0
Return of capital	(73,000)
Advances from parent		0
Payments to parent	0	$ 0
Net cash provided by (used in) financing activities	(29,000)
Change in cash and cash equivalents	9,000
Cash and cash equivalents at end of period	$ 9,000

SUBSEQUENT EVENTS (Merger) (Det

SUBSEQUENT EVENTS (Merger) (Details)	Jan. 07, 2015USD ($)subsidiaryshares	Jan. 29, 2015subsidiary
Business Acquisition [Line Items]
Number of subsidiaries consummated the sale of their equity interests | subsidiary	2
New Page Holding Inc.
Business Acquisition [Line Items]
Liability incurred for the acquisition	$ 650,000,000
Shares of Verso common stock in exchange | shares	13,607,693
Debt assumed during the acquisition	$ 800,000,000
Term Loan [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Face amount	750,000,000
Debt assumed during the acquisition	734,000,000
ABL Facility [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Credit facility, borrowing capacity	350,000,000
Debt assumed during the acquisition	100,000,000
Subsequent Event [Member]
Business Acquisition [Line Items]
Number of subsidiaries consummated the sale of their equity interests | subsidiary		2
Subsequent Event [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Liability incurred for the acquisition	$ 650,000,000
Shares of Verso common stock in exchange | shares	13,607,693
Subsequent Event [Member] | Term Loan [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Face amount	$ 750,000,000
Debt assumed during the acquisition	734,000,000
Principal payment due in 2015	3,000,000
Subsequent Event [Member] | ABL Facility [Member] | New Page Holding Inc.
Business Acquisition [Line Items]
Credit facility, borrowing capacity	350,000,000
Debt assumed during the acquisition	$ 100,000,000

Schedule II - Valuation acco112

Schedule II - Valuation accounts (Detail) - Allowance for Doubtful Accounts - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	$ 743	$ 1,006	$ 908
Charged to Cost and Expenses	(125)	263	98
Charge-off Against Allowances	0	(526)	0
Balance at End of Period	$ 618	$ 743	$ 1,006