Newpage 10-Q 7 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 31, 2013
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'ck0001578086	'
Entity Registrant Name	'NEWPAGE HOLDINGS INC.	'
Entity Central Index Key	'0001578086	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	7,080,000

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
ASSETS	'	'
Cash and cash equivalents	$4	$43
Accounts receivable, net	233	220
Inventories (Note 4)	550	472
Other current assets	28	41
Total current assets	815	776
Property, plant and equipment, net of accumulated depreciation of $129 as of September 30, 2013 and $0 as of December 31, 2012	1,229	1,314
Other assets	143	124
TOTAL ASSETS	2,187	2,214
LIABILITIES AND EQUITY	'	'
Accounts payable	162	193
Other current liabilities	142	123
Current maturities of long-term debt (Note 5)	20	5
Total current liabilities	324	321
Long-term debt (Note 5)	492	485
Other long-term obligations	567	595
Commitments and contingencies (Note 9)	'	'
EQUITY	'	'
Preferred stock, 100,000 shares authorized $0.001 per share par value	'	'
Common stock, 16,000,000 shares authorized 7,080,000 shares issued and outstanding, $0.001 per share par value	'	'
Additional paid-in capital	813	813
Accumulated deficit	-3	'
Accumulated other comprehensive loss	-6	'
Total equity	804	813
TOTAL LIABILITIES AND EQUITY	$2,187	$2,214

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, except Share data, unless otherwise specified
Property, plant and equipment, accumulated depreciation	$129	$0
Preferred stock, shares authorized	100,000	100,000
Preferred stock, par value	$0.00	$0.00
Common stock, shares authorized	16,000,000	16,000,000
Common stock, shares issued	7,080,000	7,080,000
Common stock, shares outstanding	7,080,000	7,080,000
Common stock, par value	$0.00	$0.00

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended	9 Months Ended	3 Months Ended	9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012
			Predecessor	Predecessor
Net sales	$780	$2,256	$803	$2,322
Cost of sales	715	2,116	778	2,229
Selling, general and administrative expenses	34	109	35	105
Interest expense	11	35	10	17
Other (income) expense, net	-1	-1	'	'
Income (loss) before reorganization items and income taxes	21	-3	-20	-29
Reorganization items, net	'	'	26	74
Income (loss) before income taxes	21	-3	-46	-103
Income tax (benefit)	'	'	1	-17
Net income (loss)	$21	($3)	($47)	($86)
Net income (loss) per share:	'	'	'	'
Basic	$2.91	($0.43)	($472,564)	($859,719)
Diluted	$2.90	($0.43)	($472,564)	($859,719)
Weighted average common shares outstanding:	'	'	'	'
Basic	7,080,000	7,080,000	100	100
Diluted	7,109,937	7,080,000	100	100

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended	9 Months Ended	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012
			Predecessor	Predecessor
Net income (loss)	$21	($3)	($47)	($86)
Defined-benefit postretirement plans:	'	'	'	'
Change in net actuarial gains (losses)	'	-5	2	6
Cash-flow hedges:	'	'	'	'
Change in unrealized gains (losses)	'	-1	'	'
Other comprehensive income (loss), net of tax	'	-6	2	6
Comprehensive income (loss)	$21	($9)	($45)	($80)

CONSOLIDATED_STATEMENT_OF_EQUI

CONSOLIDATED STATEMENT OF EQUITY (DEFICIT) (USD $)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
In Millions, except Share data	USD ($)		USD ($)	USD ($)	USD ($)
Beginning Balance at Dec. 31, 2012	$813	'	$813	'	'
Beginning Balance (in shares) at Dec. 31, 2012	7,080,000	7,080,000	'	'	'
Net income (loss)	-3	'	'	-3	'
Other comprehensive income (loss)	-6	'	'	'	-6
Ending Balance at Sep. 30, 2013	$804	'	$813	($3)	($6)
Ending Balance (in shares) at Sep. 30, 2013	7,080,000	7,080,000	'	'	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
		Predecessor
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income (loss)	($3)	($86)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:	'	'
Depreciation and amortization	137	180
Non-cash interest expense	5	62
(Gain) loss on disposal of assets	1	4
U.S. pension expense	2	25
U.S. pension funding	-36	-25
Equity award expense (Note 6)	12	'
Non-cash reorganization items, net	'	12
Debtor in possession financing costs	'	4	[1]
Change in operating assets and liabilities:	'	'
Accounts receivable	-13	-18
Inventories	-78	-67
Other operating assets	-19	8
Accounts payable	-31	5
Accrued expenses and other obligations	7	-139
Net cash provided by (used for) operating activities	-16	-35
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Capital expenditures	-46	-63
Proceeds from sale of investment shares	4	'
Restricted cash	'	-1
Net cash provided by (used for) investing activities	-42	-64
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Payment of financing costs	-1	'
Repayments of long-term debt	-4	-63
Borrowings on revolving credit facility	370	'
Payments on revolving credit facility	-346	'
Proceeds from debtor in possession financing	'	331
Repayments of debtor in possession financing	'	-298
Debtor in possession financing costs	'	-4
Net cash provided by (used for) financing activities	19	-34
Net increase (decrease) in cash and cash equivalents	-39	-133
Cash and cash equivalents at beginning of period	43	142
Cash and cash equivalents at end of period	$4	$9
[1]	Debtor in possession financing costs incurred in connection with entering into the debtor in possession credit agreement.

ORGANIZATION_AND_BASIS_OF_PRES

ORGANIZATION AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2013
ORGANIZATION AND BASIS OF PRESENTATION	'
	1. ORGANIZATION AND BASIS OF PRESENTATION
	NewPage Holdings Inc. (“NewPage Holdings”) is a holding company that owns all of the outstanding capital stock of NewPage Investment Company LLC (“NewPage Investment”), which is a holding company that owns all of the outstanding capital stock of NewPage Corporation (“NewPage”). NewPage and its subsidiaries are engaged in manufacturing, marketing and distributing printing papers used primarily for commercial printing, magazines, catalogs, textbooks and labels. Our products include coated, uncoated, supercalendered and specialty papers and market pulp. Our products are manufactured at multiple mills in the United States and are supported by multiple distribution and converting locations. We operate within one operating segment. The interim condensed consolidated financial statements include the accounts of NewPage Holdings and all entities it controls. All intercompany transactions and balances have been eliminated. Unless the context provides otherwise, the terms “we,” “our” and “us” refer to NewPage Holdings and its consolidated subsidiaries.
	These interim condensed consolidated financial statements have not been audited. However, in the opinion of management, these financial statements include all normal recurring adjustments necessary for a fair statement in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Certain information and footnote disclosures normally included in annual financial statements presented in accordance with U.S. GAAP have been condensed or omitted. The results of operations and cash flows for the interim periods presented are not necessarily indicative of the results to be expected for the full year. The December 31, 2012 condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. The accompanying financial statements should be read in conjunction with the annual financial statements and notes thereto included in our annual report for the year ended December 31, 2012.
	Creditor Protection Proceedings
	On September 7, 2011, NewPage, and certain of its U.S. subsidiaries commenced voluntary cases (“Chapter 11 Proceedings”) under Chapter 11 of the United States Bankruptcy Code, as amended (“Chapter 11”), in the United States Bankruptcy Court for the District of Delaware (Case Nos. 11-12804 through 11-12817) (“Bankruptcy Court”). NewPage and its debtor subsidiaries successfully emerged from the Chapter 11 Proceedings on December 21, 2012.
	Basis of Presentation
	During the Chapter 11 Proceedings and upon emergence from Chapter 11, NewPage applied the guidance in Financial Accounting Standards Board Accounting Standards Codification 852, Reorganizations (“ASC 852”), in preparing its consolidated financial statements. This guidance does not change the manner in which financial statements are prepared. However, it requires that the financial statements, for periods during the Chapter 11 Proceedings, distinguish transactions and events that are directly associated with the reorganization from the ongoing operations of the business. Furthermore, in accordance with ASC 852, fresh start accounting was required upon our emergence from the Chapter 11 Proceedings. We elected to apply fresh start accounting effective December 31, 2012 (the “Convenience Date”), to coincide with the timing of our normal December accounting period close.
	The implementation of the Chapter 11 plan and the application of fresh start accounting materially changed the carrying amounts and classifications reported in our consolidated financial statements and resulted in our becoming a new entity for financial reporting purposes. Accordingly, our consolidated financial statements for periods prior to December 31, 2012 will not be comparable to our consolidated financial statements as of December 31, 2012 or for periods subsequent to December 31, 2012. References to “Successor” or “Successor Company” refer to NewPage Holdings on or after December 31, 2012, after giving effect to the implementation of the Chapter 11 plan and the application of fresh start accounting. References to “Predecessor” or “Predecessor Company” refer to NewPage prior to December 31, 2012.
	Pursuant to fresh start accounting, all assets and liabilities reflected on our condensed consolidated balance sheet as of December 31, 2012 were recorded at fair value except for deferred income taxes and pension and other postretirement projected benefit obligations. Except for the impact of the application of fresh start accounting on the carrying values of our assets and liabilities as of December 31, 2012 and the change in accounting policy for maintenance costs for planned major maintenance shutdowns, the accounting policies adopted by the Successor Company and applied to the carrying values of our assets and liabilities reflected in our condensed consolidated balance sheet as of September 30, 2013 were consistent with the Predecessor Company’s significant accounting policies, as disclosed in our annual report for the year ended December 31, 2012.

CHAPTER_11_RELATED_DISCLOSURES

CHAPTER 11 RELATED DISCLOSURES	9 Months Ended
	Sep. 30, 2013
CHAPTER 11 RELATED DISCLOSURES	'
	2. CHAPTER 11 RELATED DISCLOSURES
	Disputed Claims
	While we resolved most of our claims during the Chapter 11 Proceedings, some claims remain in dispute. Disputed claims that are not administrative, priority or secured claims will be resolved by the litigation trust, and any resolution of those claims should not impact us. We will make a cash payment to a claimant if and to the extent that a disputed claim is allowed and the claimant is entitled to a cash payment on account of the claim (e.g., administrative, priority and other secured claims). We continue to work to resolve disputed cash claims, including the identification of cash claims that we believe should be disallowed because they are duplicative, were later amended or superseded, are without merit, are overstated or for other reasons. Included in accounts payable as of December 31, 2012, is a liability of approximately $22 for the fair value of the estimated cash settlement of disputed cash claims, including allowed claims and estimated cash recoveries, which were paid during the nine months ended September 30, 2013.
	Reorganization items, net
	ASC 852 requires separate disclosure of reorganization items such as realized gains and losses from the settlement of pre-petition liabilities, provisions for losses resulting from the reorganization and restructuring of the business, as well as professional fees and other expenses directly related to the reorganization process under the Chapter 11 Proceedings.
	Reorganization items, net consist of:
			Predecessor
			Three Months			Nine Months
			Ended Sept. 30,			Ended Sept. 30,
			2012			2012
	Professional fees(1)		$	13		$	41
	Debtor in possession financing costs(2)			—			4
	Provision for rejected executory contracts(3)			15			30
	Other(4)			(2	)		(1	)
			$	26		$	74
	-1	Professional fees directly related to the Chapter 11 Proceedings, ongoing monitoring and establishment of a reorganization plan, including legal, accounting and other professional fees and including certain professional fees incurred by our creditors in connection with the Chapter 11 Proceedings, as required by the Bankruptcy Court.
	-2	Debtor in possession financing costs incurred in connection with entering into the debtor in possession credit agreement.
	-3	Provision for rejected executory contracts for estimated claims.
	-4	Adjustments of reserves to estimated allowed claims.

FINANCIAL_INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2013
FINANCIAL INSTRUMENTS	'
	3. FINANCIAL INSTRUMENTS
	Derivative Financial Instruments
	We periodically use derivative financial instruments as part of our overall strategy to manage exposure to market risks associated with natural gas price fluctuations. We do not hold or issue derivative financial instruments for trading purposes. We regularly monitor the credit-worthiness of the counterparties to our derivative instruments in order to manage our credit risk exposures under these agreements. Our risk of loss, if any, in the event of nonperformance by any counterparty under derivative financial instrument agreements is not considered material. These derivative instruments are measured at fair value and are classified as other assets or other liabilities on our condensed consolidated balance sheets depending on the fair value of the instrument.
	For a derivative designated as a cash-flow hedge, the effective portion of the change in the fair value of the derivative is recorded in accumulated other comprehensive income (loss) and is recognized in the consolidated statements of operations when the hedged item affects earnings. Ineffective portions of changes in the fair value of cash-flow hedges and derivative financial instruments not designated as hedges are recognized immediately in earnings.
	Natural Gas
	In order to hedge the future cost of natural gas consumed at our mills, we engage in financial hedging of future gas purchase prices, designated as cash flow hedges. We hedge with natural gas swap agreements that are priced based on New York Mercantile Exchange (“NYMEX”) natural gas futures contracts. We measure the fair values of our natural gas contracts based on natural gas futures contracts priced on the NYMEX. As of September 30, 2013 we were party to natural gas swap agreements for notional amounts aggregating to 7,260,000 MMBTUs, or approximately $29 of planned natural gas purchases over the next two years. These natural gas swap agreements expire through June 2015 and represent approximately 45% of our total planned natural gas consumption over the term of the agreements.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2013
INVENTORIES	'
	4. INVENTORIES
	Inventories as of September 30, 2013 and December 31, 2012 consist of:
		Successor
		Sept. 30,		Dec. 31,
		2013		2012
	Finished and in-process goods	$	363	$	301
	Raw materials		100		98
	Stores and supplies		87		73
		$	550	$	472
	If inventories had been valued at current costs, they would have been valued at $520 at September 30, 2013.

LONGTERM_DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2013
LONG-TERM DEBT	'
	5. LONG-TERM DEBT
	Long-term debt as of September 30, 2013 and December 31, 2012 is as follows:
		Successor
		Sept. 30,		Dec. 31,
		2013		2012
	Revolving credit facility	$	24	$	—
	Floating rate senior secured term loan (LIBOR plus 6.50%)		488		490
	Total long-term debt, including current portion		512		490
	Current portion of long-term debt		20		5
	Long-term debt	$	492	$	485

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2013
EQUITY	'
	6. EQUITY
	We sponsor a long-term incentive plan to provide for the granting of stock-based compensation to certain directors, officers and other key employees. Outstanding grants generally become exercisable over a four-year service period. The awards meet liability classification requirements as a result of planned tax withholdings in excess of minimum statutory levels. These awards are re-measured at fair value as of each balance sheet date with the cumulative effect of changes in fair value recognized in the period of change as an adjustment to compensation expense. During the nine months ended September 30, 2013, we granted 219,301 stock options with a weighted average exercise price per share of $129.68 and 43,758 restricted stock units with a weighted average grant date fair value per share of $108.72. As of September 30, 2013, we had $20 of compensation expense not yet recognized related to non-vested stock awards. The weighted average period that this compensation cost will be recognized is 3.3 years.
	There were no stock awards vested and no stock awards exercisable as of September 30, 2013. Total compensation expense for all stock-based awards in the three months and nine months ended September 30, 2013 was $4 and $12.

RETIREMENT_AND_OTHER_POSTRETIR

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS	9 Months Ended
	Sep. 30, 2013
RETIREMENT AND OTHER POSTRETIREMENT BENEFITS	'
	7. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS
	A summary of the components of net periodic costs in the three months and nine months ended September 30, 2013 and 2012 is as follows:
	Pension Plans
		Successor			Predecessor
		Three Months			Three Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	3		$	4
	Interest cost		15			16
	Expected return on plan assets		(18	)		(17	)
	Amortization of net prior service cost (credit)		—			1
	Amortization of net loss		—			4
	Net periodic cost	$	—		$	8
		Successor			Predecessor
		Nine Months			Nine Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	10		$	13
	Interest cost		46			48
	Expected return on plan assets		(54	)		(52	)
	Amortization of net prior service cost (credit)		—			3
	Amortization of net loss		—			13
	Net periodic cost	$	2		$	25
	Other Postretirement Plans
		Successor			Predecessor
		Three Months			Three Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	—		$	1
	Interest cost		1			—
	Amortization of net prior service cost (credit)		—			(3	)
	Net periodic cost (income)	$	1		$	(2	)
		Successor			Predecessor
		Nine Months			Nine Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	—		$	2
	Interest cost		2			2
	Amortization of net prior service cost (credit)		—			(10	)
	Net periodic cost (income)	$	2		$	(6	)

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2013
INCOME TAXES	'
	8. INCOME TAXES
	Unrecognized tax benefits decreased by $54 during the nine months ended September 30, 2013, due to the settlement of a tax examination. This adjustment resulted in a corresponding increase in the valuation allowance and therefore did not impact reported earnings.
	In the three months and nine months ended September 30, 2013 and 2012, we recorded a valuation allowance against our net deferred income tax benefit for federal income taxes and for certain states as it was more likely than not that we would not realize those benefits.
	The Internal Revenue Service finalized regulations on September 13, 2013 related to capitalization of repair and maintenance costs. These regulations will become effective January 1, 2014 and are expected to result in an increase in deferred tax assets offset by a valuation allowance and an increase in future taxable income. The adoption of these regulations is not expected to have a material effect on our consolidated financial position, results of operations and cash flows.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2013
COMMITMENTS AND CONTINGENCIES	'
	9. COMMITMENTS AND CONTINGENCIES
	We are involved in various litigation and administrative proceedings that arise in the ordinary course of business. We believe the expected outcome of any matter, lawsuit or claim that is pending or threatened, or all of the combined, will not have a material adverse effect on our financial condition, results of operations or liquidity.

CHAPTER_11_RELATED_DISCLOSURES1

CHAPTER 11 RELATED DISCLOSURES (Tables)	9 Months Ended
	Sep. 30, 2013
Reorganization Items	'
	Reorganization items, net consist of:
			Predecessor
			Three Months			Nine Months
			Ended Sept. 30,			Ended Sept. 30,
			2012			2012
	Professional fees(1)		$	13		$	41
	Debtor in possession financing costs(2)			—			4
	Provision for rejected executory contracts(3)			15			30
	Other(4)			(2	)		(1	)
			$	26		$	74
	-1	Professional fees directly related to the Chapter 11 Proceedings, ongoing monitoring and establishment of a reorganization plan, including legal, accounting and other professional fees and including certain professional fees incurred by our creditors in connection with the Chapter 11 Proceedings, as required by the Bankruptcy Court.
	-2	Debtor in possession financing costs incurred in connection with entering into the debtor in possession credit agreement.
	-3	Provision for rejected executory contracts for estimated claims.
	-4	Adjustments of reserves to estimated allowed claims.

INVENTORIES_Tables

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2013
Inventories	'
	Inventories as of September 30, 2013 and December 31, 2012 consist of:
		Successor
		Sept. 30,		Dec. 31,
		2013		2012
	Finished and in-process goods	$	363	$	301
	Raw materials		100		98
	Stores and supplies		87		73
		$	550	$	472

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2013
Balances of Long-Term Debt	'
	Long-term debt as of September 30, 2013 and December 31, 2012 is as follows:
		Successor
		Sept. 30,		Dec. 31,
		2013		2012
	Revolving credit facility	$	24	$	—
	Floating rate senior secured term loan (LIBOR plus 6.50%)		488		490
	Total long-term debt, including current portion		512		490
	Current portion of long-term debt		20		5
	Long-term debt	$	492	$	485

RETIREMENT_AND_OTHER_POSTRETIR1

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2013
Components of Net Periodic Costs	'
	Pension Plans
		Successor			Predecessor
		Three Months			Three Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	3		$	4
	Interest cost		15			16
	Expected return on plan assets		(18	)		(17	)
	Amortization of net prior service cost (credit)		—			1
	Amortization of net loss		—			4
	Net periodic cost	$	—		$	8
		Successor			Predecessor
		Nine Months			Nine Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	10		$	13
	Interest cost		46			48
	Expected return on plan assets		(54	)		(52	)
	Amortization of net prior service cost (credit)		—			3
	Amortization of net loss		—			13
	Net periodic cost	$	2		$	25
	Other Postretirement Plans
		Successor			Predecessor
		Three Months			Three Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	—		$	1
	Interest cost		1			—
	Amortization of net prior service cost (credit)		—			(3	)
	Net periodic cost (income)	$	1		$	(2	)
		Successor			Predecessor
		Nine Months			Nine Months
		Ended Sept. 30,			Ended Sept. 30,
		2013			2012
	Service cost	$	—		$	2
	Interest cost		2			2
	Amortization of net prior service cost (credit)		—			(10	)
	Net periodic cost (income)	$	2		$	(6	)

ORGANIZATION_AND_BASIS_OF_PRES1

ORGANIZATION AND BASIS OF PRESENTATION - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2013
	Segment
Organization And Basis Of Presentation [Line Items]	'
Number of operating segment	1

CHAPTER_11_RELATED_DISCLOSURES2

CHAPTER 11 RELATED DISCLOSURES - Additional Information (Detail) (USD $)	Dec. 31, 2012
In Millions, unless otherwise specified
Reorganization [Line Items]	'
Fair value estimates of cash settlements of disputed cash claims	$22

Reorganization_Items_Detail

Reorganization Items (Detail) (Predecessor, USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2012		Sep. 30, 2012
Predecessor	'		'
Reorganization [Line Items]	'		'
Professional fees	$13	[1]	$41	[1]
Debtor in possession financing costs	'		4	[2]
Provision for rejected executory contracts	15	[3]	30	[3]
Other	-2	[4]	-1	[4]
Reorganization items, net	$26		$74
[1]	Professional fees directly related to the Chapter 11 Proceedings, ongoing monitoring and establishment of a reorganization plan, including legal, accounting and other professional fees and including certain professional fees incurred by our creditors in connection with the Chapter 11 Proceedings, as required by the Bankruptcy Court.
[2]	Debtor in possession financing costs incurred in connection with entering into the debtor in possession credit agreement.
[3]	Provision for rejected executory contracts for estimated claims.
[4]	Adjustments of reserves to estimated allowed claims.

FINANCIAL_INSTRUMENTS_Addition

FINANCIAL INSTRUMENTS - Additional Information (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
	MMBTU
Derivatives, Fair Value [Line Items]	'
Natural gas futures contracts for notional amounts	7,260,000
Planned natural gas purchases notional amount	$29
Planned natural gas purchases period	'2 years
Natural gas futures contracts for notional amounts, expire	'2015-06
Planned natural gas consumption covered under the swap agreement	45.00%

Inventories_Detail

Inventories (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Inventory [Line Items]	'	'
Finished and in-process goods	$363	$301
Raw materials	100	98
Stores and supplies	87	73
Inventories (Note 4)	$550	$472

INVENTORIES_Additional_Informa

INVENTORIES - Additional Information (Detail) (USD $)	Sep. 30, 2013
In Millions, unless otherwise specified
Inventory [Line Items]	'
Inventories valued at current costs	$520

Balances_of_LongTerm_Debt_Deta

Balances of Long-Term Debt (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Debt Instrument [Line Items]	'	'
Total long-term debt, including current portion	$512	$490
Current portion of long-term debt	20	5
Long-term debt	492	485
Revolving credit facility	'	'
Debt Instrument [Line Items]	'	'
Total long-term debt, including current portion	24	'
Floating rate senior secured term loan	'	'
Debt Instrument [Line Items]	'	'
Total long-term debt, including current portion	$488	$490

Balances_of_LongTerm_Debt_Pare

Balances of Long-Term Debt (Parenthetical) (Detail) (LIBOR, Floating rate senior secured term loan)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
LIBOR | Floating rate senior secured term loan	'	'
Debt Instrument [Line Items]	'	'
Floating rate senior secured term loan, marginal rate	6.50%	6.50%

EQUITY_Additional_Information_

EQUITY - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Requisite service period for outstanding grants become exercisable	'	'4 years
Stock options granted	'	219,301
Weighted average exercise price of stock options	'	$129.68
Compensation expense not yet recognized related to non-vested stock awards	$20	$20
Weighed average period that compensation cost will be recognized	'	'3 years 3 months 18 days
Total stock compensation expense	$4	$12
Restricted stock units	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Restricted stock units granted	'	43,758
Weighted average grant date fair value of restricted stock units	'	$108.72

Components_of_Net_Periodic_Cos

Components of Net Periodic Costs (Detail) (USD $)	3 Months Ended	9 Months Ended	3 Months Ended	9 Months Ended	3 Months Ended	9 Months Ended	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2012
	Pension Plans	Pension Plans	Other Postretirement Plans	Other Postretirement Plans	Predecessor	Predecessor	Predecessor	Predecessor
					Pension Plans	Pension Plans	Other Postretirement Plans	Other Postretirement Plans
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'	'	'	'
Service cost	$3	$10	'	'	$4	$13	$1	$2
Interest cost	15	46	1	2	16	48	'	2
Expected return on plan assets	-18	-54	'	'	-17	-52	'	'
Amortization of net prior service cost (credit)	'	'	'	'	1	3	-3	-10
Amortization of net loss	'	'	'	'	4	13	'	'
Net periodic cost (income)	'	$2	$1	$2	$8	$25	($2)	($6)

INCOME_TAXES_Additional_Inform

INCOME TAXES - Additional Information (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Income Taxes [Line Items]	'
Unrecognized tax benefits decreased due to settlement of tax examination	$54