LSC Communications (LKSDQ) 10-Q 8 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 02, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Trading Symbol	LKSD
Entity Registrant Name	LSC Communications, Inc.
Entity Central Index Key	0001669812
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		33,551,195
Entity File Number	001-37729
Entity Tax Identification Number	364829580
Entity Address, Address Line One	191 N. Wacker Drive, Suite 1400
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60606
City Area Code	773
Local Phone Number	272-9200

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 17	$ 21
Receivables, less allowances for doubtful accounts of $15 in 2019 (2018 - $14)	582	617
Inventories (Note 5)	213	197
Income tax receivable	7	4
Prepaid expenses and other current assets	36	28
Total current assets	855	867
Property, plant and equipment-net (Note 6)	485	508
Goodwill (Note 7)	103	103
Other intangible assets-net (Note 7)	130	156
Right-of-use assets for operating leases	188	0
Deferred income taxes	30	27
Other noncurrent assets	88	93
Total assets	1,879	1,754
LIABILITIES
Accounts payable	347	372
Accrued liabilities	188	199
Short-term debt and current portion of long-term debt (Note 10)	192	108
Short-term operating lease liabilities	46	0
Total current liabilities	773	679
Long-term debt (Note 10)	639	659
Pension liabilities	100	132
Restructuring and multi-employer pension liabilities (Note 8)	42	45
Long-term operating lease liabilities	148	0
Other noncurrent liabilities	51	61
Total liabilities	1,753	1,576
Commitments and contingencies (Note 9)
EQUITY
Common stock, $0.01 par value Authorized: 65,000,000 Issued: 35,583,329 shares in 2019 (2018: 35,029,565)	0	0
Additional paid-in capital	832	828
Accumulated deficit	(209)	(42)
Accumulated other comprehensive loss (Note 13)	(472)	(584)
Treasury stock, at cost: 2,032,134 shares in 2019 (2018: 1,888,205)	(25)	(24)
Total equity	126	178
Total liabilities and equity	$ 1,879	$ 1,754

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Receivables, allowance for doubtful accounts	$ 15	$ 14
Common stock, par value	$ 0.01	$ 0.01
Common stock, Authorized	65,000,000	65,000,000
Common stock, Issued	35,583,329	35,029,565
Treasury stock, shares	2,032,134	1,888,205

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Net sales	$ 869	$ 943	$ 1,714	$ 1,872
Type of Revenue [Extensible List]	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember
Cost of sales	$ 750	$ 798	$ 1,485	$ 1,606
Type of Cost, Good or Service [Extensible List]	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember
Selling, general and administrative expenses (exclusive of depreciation and amortization)	$ 80	$ 82	$ 165	$ 165
Restructuring, impairment and other charges-net (Note 8)	24	11	37	17
Depreciation and amortization	31	34	62	72
(Loss) income from operations	(16)	18	(35)	12
Interest expense-net (Note 10)	19	18	38	38
Settlement of retirement benefit obligations (Note 12)	1	0	136	0
Investment and other (income)-net	(9)	(13)	(19)	(24)
(Loss) income before income taxes	(27)	13	(190)	(2)
Income tax (benefit) expense	(3)	5	(40)	1
Net (loss) income	$ (24)	$ 8	$ (150)	$ (3)
Net (loss) income per common share (Note 11)
Basic net (loss) income per share	$ (0.69)	$ 0.24	$ (4.48)	$ (0.09)
Diluted net (loss) income per share	$ (0.69)	$ 0.23	$ (4.48)	$ (0.09)
Weighted-average number of common shares outstanding:
Basic	33.5	34	33.4	34.3
Diluted	33.5	34.3	33.4	34.3

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net (loss) income	$ (24)	$ 8	$ (150)	$ (3)
Other comprehensive income (loss), net of tax (Note 13):
Translation adjustments	1	(14)	2	(9)
Adjustment for net periodic pension plan cost	3	4	110	8
Other comprehensive income (loss)	4	(10)	112	(1)
Comprehensive (loss)	$ (20)	$ (2)	$ (38)	$ (4)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Adjustments for net pension plan cost, tax expense	$ 1	$ 1	$ 37	$ 2

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Flows from Operating Activities
Net (loss)	$ (150)	$ (3)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:
Impairment charges	19	0
Depreciation and amortization	62	72
Provision for doubtful accounts receivable	4	4
Share-based compensation	4	8
Deferred income taxes	(39)	4
Settlement of retirement benefit obligations	136	0
Other	1	4
Changes in operating assets and liabilities - net of acquisitions:
Accounts receivable-net	32	61
Inventories	(15)	(49)
Prepaid expenses and other current assets	1	(4)
Accounts payable	(13)	(81)
Income taxes receivable	(3)	2
Accrued liabilities and other	(36)	(44)
Net cash provided by (used in) operating activities	3	(26)
Cash Flows from Investing Activities
Capital expenditures	(49)	(37)
Acquisitions of businesses, net of cash acquired	(3)	4
Net proceeds from sales and purchase of investments and other assets	0	1
Net cash (used in) investing activities	(52)	(32)
Cash Flows from Financing Activities
Payments of current maturities and long-term debt	(22)	(26)
Net proceeds from credit facility borrowings	84	115
Payments for repurchase of common stock	0	(20)
Dividends paid	(17)	(18)
Other financing activities	(1)	(1)
Net cash provided by financing activities	44	50
Effect of exchange rate on cash and cash equivalents	1	(2)
Net (decrease) in cash, cash equivalents and restricted cash	(4)	(10)
Cash, cash equivalents and restricted cash at beginning of year	24	35
Cash, cash equivalents and restricted cash at end of period	$ 20	$ 25

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Reconciliation to the Condensed Consolidated Balance Sheets
Cash and cash equivalents	$ 17	$ 21
Restricted cash included in prepaid expenses and other current assets	$ 3	$ 3
Restricted Cash Equivalents, Current, Asset, Statement of Financial Position [Extensible List]	us-gaap:PrepaidExpenseAndOtherAssetsCurrent	us-gaap:PrepaidExpenseAndOtherAssetsCurrent
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$ 20	$ 24

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive (Loss) Income
Balance at Dec. 31, 2017	$ 248	$ 0	$ 816	$ (2)	$ (90)	$ (476)
Balance (in shares) at Dec. 31, 2017		35,000,000		0
Net (loss) income	(11)	$ 0	0	$ 0	(11)	0
Revenue recognition adjustments	9	0	0	0	9	0
Reclassification of tax rate change to accumulated deficit (Note 13)	0	0	0	0	97	(97)
Issuance of share-based awards, net of withholdings and other	(2)	$ 0	0	$ (2)	0	0
Issuance of share-based awards, net of withholdings and other (in shares)		0		0
Share-based compensation	3	$ 0	3	$ 0	0	0
Share-based compensation (in shares)				0
Cash dividends paid	(9)	0	0	$ 0	(9)	0
Other comprehensive income	9	0	0	0	0	9
Balance at Mar. 31, 2018	247	$ 0	819	$ (4)	(4)	(564)
Balance (in shares) at Mar. 31, 2018		35,000,000		0
Balance at Dec. 31, 2017	248	$ 0	816	$ (2)	(90)	(476)
Balance (in shares) at Dec. 31, 2017		35,000,000		0
Net (loss) income	(3)
Other comprehensive income	(1)
Balance at Jun. 30, 2018	221	$ 0	824	$ (24)	(5)	(574)
Balance (in shares) at Jun. 30, 2018		35,000,000		2,000,000
Balance at Mar. 31, 2018	247	$ 0	819	$ (4)	(4)	(564)
Balance (in shares) at Mar. 31, 2018		35,000,000		0
Net (loss) income	8	$ 0	0	$ 0	8	0
Repurchase of common stock	(20)	0	0	$ (20)	0	0
Repurchase of common stock (in shares)				(2,000,000)
Issuance of share-based awards, net of withholdings and other	0	$ 0	0	$ 0	0	0
Issuance of share-based awards, net of withholdings and other (in shares)		0
Share-based compensation	5	$ 0	5	$ 0	0	0
Share-based compensation (in shares)				0
Cash dividends paid	(9)	0	0	$ 0	(9)	0
Other comprehensive income	(10)	0	0	0	0	(10)
Balance at Jun. 30, 2018	221	$ 0	824	$ (24)	(5)	(574)
Balance (in shares) at Jun. 30, 2018		35,000,000		2,000,000
Balance at Dec. 31, 2018	178	$ 0	828	$ (24)	(42)	(584)
Balance (in shares) at Dec. 31, 2018		35,000,000		2,000,000
Net (loss) income	(126)	$ 0	0	$ 0	(126)	0
Issuance of share-based awards, net of withholdings and other	(1)	$ 0	0	$ (1)	0	0
Issuance of share-based awards, net of withholdings and other (in shares)		1,000,000		0
Share-based compensation	3	$ 0	3	$ 0	0	0
Share-based compensation (in shares)				0
Cash dividends paid	(9)	0	0	$ 0	(9)	0
Other comprehensive income	108	0	0	0	0	108
Balance at Mar. 31, 2019	153	$ 0	831	$ (25)	(177)	(476)
Balance (in shares) at Mar. 31, 2019		36,000,000		2,000,000
Balance at Dec. 31, 2018	178	$ 0	828	$ (24)	(42)	(584)
Balance (in shares) at Dec. 31, 2018		35,000,000		2,000,000
Net (loss) income	$ (150)
Repurchase of common stock (in shares)	0
Other comprehensive income	$ 112
Balance at Jun. 30, 2019	126	$ 0	832	$ (25)	(209)	(472)
Balance (in shares) at Jun. 30, 2019		36,000,000		2,000,000
Balance at Mar. 31, 2019	153	$ 0	831	$ (25)	(177)	(476)
Balance (in shares) at Mar. 31, 2019		36,000,000		2,000,000
Net (loss) income	(24)	$ 0	0	$ 0	(24)	0
Issuance of share-based awards, net of withholdings and other	0	0	0	$ 0	0	0
Issuance of share-based awards, net of withholdings and other (in shares)				0
Share-based compensation	1	0	1	$ 0	0	0
Share-based compensation (in shares)				0
Cash dividends paid	(8)	0	0	$ 0	(8)	0
Other comprehensive income	4	0	0	0	0	4
Balance at Jun. 30, 2019	$ 126	$ 0	$ 832	$ (25)	$ (209)	$ (472)
Balance (in shares) at Jun. 30, 2019		36,000,000		2,000,000

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Equity adjustments			$ 9
Dividends declared per common share	$ 0.26	$ 0.26		$ 0.52	$ 0.52
ASU 2014-09
Equity adjustments			$ 9

Overview and Basis of Presentat

Overview and Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Overview and Basis of Presentation	Note 1. Overview and Basis of Presentation Description of Business The principal business of LSC Communications, Inc., a Delaware corporation, and its direct or indirect wholly-owned subsidiaries (“LSC Communications,” “the Company,” “we,” “our” and “us”) is to offer a broad scope of traditional and digital print, print-related services and office products. The Company serves the needs of publishers, merchandisers and retailers worldwide with a service offering that includes e-services, logistics, warehousing and fulfillment and supply chain management services. The Company utilizes a broad portfolio of technology capabilities coupled with consultative attention to clients' needs to increase speed to market, reduce costs, provide postal savings to customers and improve efficiencies. Merger with Quad/Graphics, Inc. On October 30, 2018, the Company entered into that certain Agreement and Plan of Merger (the “Merger Agreement”), by and among Quad/Graphics, Inc. (“Quad”), QLC Merger Sub, Inc. and LSC Communications, pursuant to which, subject to the satisfaction or waiver of certain conditions, LSC Communications would be merged with QLC Merger Sub, Inc., and become a wholly-owned subsidiary of Quad. On July 22, 2019, Quad and LSC Communications entered into a letter agreement (the “Letter Agreement”), pursuant to which the parties agreed to terminate the Merger Agreement. Pursuant to the Letter Agreement, Quad agreed to pay LSC Communications the Regulatory Approval Reverse Termination Fee (as defined in the Merger Agreement) of $45 million in cash on the business day following the date of the Letter Agreement. Except for certain indemnification obligations of Quad related to LSC Communications assisting Quad with the financing under the Merger Agreement, the parties also agreed to release each other from any and all claims, counterclaims, demands, proceedings, actions, causes of action, orders, obligations, damages, debts, costs, expenses and other liabilities whatsoever and howsoever arising pursuant to or in connection with the Merger Agreement or the transactions provided for in the Merger Agreement. Basis of Presentation The condensed consolidated financial statements include the balance sheets, statements of operations and cash flows in conformity with accounting principles generally accepted in the United States (“GAAP”). All intercompany transactions have been eliminated in consolidation. These unaudited condensed consolidated interim financial statements include estimates and assumptions of management that affect the amounts reported in the condensed consolidated financial statements. Actual results could differ from these estimates. During the third quarter of 2018, management changed the Company’s reportable segments and reporting units. Consequently, prior year amounts were restated to conform to the new segment structure. Refer to Note 14, Segment Information

Business Combination and Dispos

Business Combination and Disposition	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Business Combination and Disposition	Note 2. Business Combination and Disposition 2018 Acquisition On July 2, 2018, the Company completed the acquisition of R. R. Donnelley & Sons Company’s (“RRD”) Print Logistics business (“Print Logistics”), an integrated logistics services provider to the print industry with an expansive distribution network. The acquisition enhanced the Company’s logistics service offering and is included in the Magazines, Catalogs and Logistics segment. The original total purchase price was $58 million in cash, which was reduced to $52 million as a result of a $6 million net working capital settlement in the fourth quarter of 2018. Of the final total purchase price, $21 million was recorded in goodwill related to this acquisition. 2018 Disposition On September 28, 2018, the Company completed the sale of its European printing business, which included web offset manufacturing facilities, a logistics and warehousing site and a location dedicated to premedia services, for proceeds of $47 million. The Company recorded a $25 million non-cash provision primarily for the write-off of a deferred tax asset associated with the disposition. The European printing business was included in the Europe segment, which was disclosed as part of the Other segment grouping. Acquisition Information The acquisition of Print Logistics was recorded by allocating the cost of the acquisition to the assets acquired, including other intangible assets, based on their estimated fair values at the acquisition date. The excess of the cost of the acquisition over the net amounts assigned to the fair value of the assets acquired was recorded in goodwill. The goodwill is primarily attributable to the synergies expected to arise as a result of the acquisition. The tax deductible goodwill related to Print Logistics was $25 million. The purchase price allocation for Print Logistics was final as of December 31, 2018. There were no changes to the purchase price allocation for the acquisition as of June 30, 2019 compared to the disclosed purchase price allocation in the Company’s annual report on Form 10-K for the year ended December 31, 2018. The final purchase price allocation for Print Logistics was as follows: Accounts Receivable $ 40 Prepaid expenses and other current assets 1 Property, plant and equipment 8 Other intangible assets 17 Goodwill 21 Accounts payable and accrued liabilities (35 ) Purchase price and net cash paid $ 52 The fair values of goodwill, other intangible assets and property, plant and equipment associated with Print Logistics were determined to be Level 3 under the fair value hierarchy, which included discounted cash flow analyses and comparable marketplace fair value data. Property, plant and equipment values were estimated using either the cost or, if a secondhand market existed, the market approach. The following table presents the fair value, valuation techniques and related unobservable inputs for these Level 3 measurements associated with Print Logistics: Fair Value Valuation Technique Unobservable Input Value Customer relationships $ 17 Multi-period excess earnings method Existing customer growth rate (3.5%) Attrition rate 7.5% Discount rate 18.0% For each of the three and six months ended June 30, 2019, the Company recorded a de minimis amount of acquisition-related expenses associated with contemplated acquisitions within selling, general and administrative expenses in the condensed consolidated statements of operations. For the three and six months ended June 30, 2018, the Company recorded $1 million and $2 million of acquisition-related expenses, respectively, associated with completed and contemplated acquisitions. Pro forma results The following unaudited pro forma financial information for the three and six months ended June 30, 2019 and 2018 presents the condensed consolidated statements of operations of the Company and the acquisition of Print Logistics as if the acquisition had occurred as of January 1 of the year prior to the acquisition. The unaudited pro forma financial information is not intended to represent or be indicative of the Company’s condensed consolidated statements of operations that would have been reported had these acquisitions been completed as of the beginning of the period presented and should not be taken as indicative of the Company’s future condensed consolidated statements of operations. Pro forma adjustments are tax-effected at the applicable statutory tax rates. Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Net sales $ 869 $ 984 $ 1,714 $ 1,957 Net (loss) income (24 ) 6 (150 ) (6 ) The following table outlines unaudited pro forma financial information for the three and six months ended June 30, 2019 and 2018: Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Amortization of purchased intangibles $ 4 $ 5 $ 9 $ 10 There were no nonrecurring pro forma adjustments affecting net (loss) income for the three and six months ended June 30, 2019 and 2018.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Revenue Recognition	Note 3. Revenue Recognition Disaggregated Revenue The following tables provide information about disaggregated revenue by major products/service lines and timing of revenue recognition, and include a reconciliation of the disaggregated revenue with reportable segments for the three and six months ended June 30, 2019 and 2018. Three Months Ended Three Months Ended June 30, 2019 June 30, 2018 Magazines, Magazines, Catalogs Catalogs and Office and Office Logistics Book Products Other Total Logistics Book Products Other Total Major Products / Service Lines Book (a) $ — $ 289 $ — $ — $ 289 $ — $ 266 $ — $ — $ 266 Magazines and Catalogs (b) $ 297 $ — $ — $ 44 $ 341 $ 372 $ — $ — $ 92 $ 464 North America 297 — — 44 341 372 — — 41 413 Europe — — — — — — — — 51 51 Logistics $ 83 $ — $ — $ — $ 83 $ 29 $ — $ — $ — $ 29 Directories $ — $ — $ — $ 17 $ 17 $ — $ — $ — 30 $ 30 North America — — — 17 17 — — — 25 25 Europe — — — — — — — — 5 5 Office Products $ — $ — $ 139 $ — $ 139 $ — $ — $ 154 $ — $ 154 Total $ 380 $ 289 $ 139 $ 61 $ 869 $ 401 $ 266 $ 154 $ 122 $ 943 Timing of Revenue Recognition Products and services transferred at a point in time $ 268 $ 253 $ 139 $ 42 $ 702 $ 342 $ 236 $ 154 $ 105 $ 837 Products and services transferred over time 112 36 — 19 167 59 30 — 17 106 Total $ 380 $ 289 $ 139 $ 61 $ 869 $ 401 $ 266 $ 154 $ 122 $ 943 Six Months Ended Six Months Ended June 30, 2019 June 30, 2018 Magazines, Magazines, Catalogs Catalogs and Office and Office Logistics Book Products Other Total Logistics Book Products Other Total Major Products / Service Lines Book (a) $ — $ 549 $ — $ — $ 549 $ — $ 515 $ — $ — $ 515 Magazines and Catalogs (b) $ 616 $ — $ — $ 88 $ 704 $ 772 $ — $ — $ 191 $ 963 North America 616 — — 88 704 772 — — 82 854 Europe — — — — — — — — 109 109 Logistics $ 167 $ — $ — $ — $ 167 $ 56 $ — $ — $ — $ 56 Directories $ — $ — $ — $ 36 $ 36 $ — $ — $ — $ 61 $ 61 North America — — — 36 36 — — — 52 52 Europe — — — — — — — — 9 9 Office Products $ — $ — $ 258 $ — $ 258 $ — $ — $ 277 $ — $ 277 Total $ 783 $ 549 $ 258 $ 124 $ 1,714 $ 828 $ 515 $ 277 $ 252 $ 1,872 Timing of Revenue Recognition Products and services transferred at a point in time $ 556 $ 481 $ 258 $ 85 $ 1,380 $ 711 $ 457 $ 277 $ 217 $ 1,662 Products and services transferred over time 227 68 — 39 334 117 58 — 35 210 Total $ 783 $ 549 $ 258 $ 124 $ 1,714 $ 828 $ 515 $ 277 $ 252 $ 1,872 (a) Includes e-book formatting and supply chain management associated with book production (b) Includes premedia and co-mail Contract Balances The following table provides changes in contract assets and liabilities during the six months ended June 30, 2019: Short-Term Contract Assets Long-Term Contract Assets Contract Liabilities Beginning Balance, January 1, 2019 $ 44 $ 30 $ 16 Additions to unbilled accounts receivable 35 — — Unbilled accounts receivable recognized in trade receivables (33 ) — — Payment of contract acquisition costs 2 Amortization of contract acquisition costs — (6 ) — Revenue recognized that was included in contract liabilities as of January 1, 2019 — — (9 ) Increases due to cash received — — 4 Ending Balance, June 30, 2019 $ 46 $ 26 $ 11 The trade receivables balance was $461 million and $488 million as of June 30, 2019 and December 31, 2018, respectively. Accounts Receivable Transactions affecting the allowances for doubtful accounts receivable balance during the six months ended June 30, 2019 were as follows: June 30, 2019 Balance, beginning of year $ 14 Provisions charged to expense 4 Write-offs and other (3 ) Balance, end of period $ 15

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	Note 4. Leases Financial Statement Impact of Adopting Accounting Standards Update No. 2016-02 “Leases (Topic 842)” (“ASU 2016-02” or “ASC 842”) The Company adopted ASU 2016-02 on January 1, 2019 using the modified retrospective adoption method. The reported results for 2019 reflect the adoption of ASC 842 guidance while the reported results for 2018 were prepared and continue to be reported under the guidance of ASC 840, Leases, referred to herein as “previous guidance.” In adopting ASC 842, the Company applied certain available practical expedients, including electing to combine lease and non-lease components of a contract and electing to apply the practical expedient “package” permitted under ASU 2016-02. This election allowed the Company to use the lease classification (operating or finance) previously determined at the start of a lease contract for any expired or existing leases as of the date of adoption. The Company performed an analysis of all lease contracts existing as of January 1, 2019. Upon adoption of ASC 842, the Company added $206 million of right-of-use (“ROU”) assets and lease liabilities to its balance sheet related to operating leases. There were no changes to assets or liabilities relating to finance leases. Based upon the balances that existed as of December 31, 2018, the Company recorded adjustments to the following accounts as of January 1, 2019: As Reported Adjustments Adjusted December 31, 2018 Adoption of ASU 2016-02 January 1, 2019 Assets ROU assets for operating leases (a) $ — $ 201 $ 201 Liabilities Accrued liabilities (a) $ 199 $ (1 ) $ 198 Short-term operating lease liabilities — 52 52 Long-term operating lease liabilities — 154 154 Other noncurrent liabilities (a) 61 (4 ) 57 (a) The total $5 adjustment shown in accrued liabilities and other noncurrent liabilities relates to straight-line rent accruals that were reclassified to ROU assets for operating leases. Accounting Policy Under ASC 842, the Company determines if a contract contains a lease at the inception of the contract. A contract contains a lease if it conveys to the Company the right to control the use of specified assets. Operating leases are included in ROU assets and in other current liabilities and other non-current liabilities. Finance lease assets are included in property, plant, and equipment, and liabilities are included in short-term and long-term debt. ROU assets and lease liabilities are recognized at the present value of future lease payments. The discount rate used to measure the amount recognized is the Company’s incremental borrowing rate if an implicit rate is not determinable from the lease contract. Operating lease cost is recognized on a straight-line basis over the term of the lease. The Company leases land, production facilities, office space, and equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Further, the Company has elected not to separate lease and non-lease components of contracts for any asset classes, but rather to account for non-lease components together with their related lease components. For leases that include renewal options that the Company is reasonably certain to exercise, the Company includes the renewal period in its initial classification of the lease. Renewal options range from 1 year to 5 years. The Company’s variable lease payments do not depend on a published index or rate, and therefore, are expensed as incurred. The components of total net lease expense were as follows: Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Operating lease expense $ 18 $ 35 Sublease (income) (2 ) (4 ) Variable lease expense 2 5 Total net lease expense $ 18 $ 36 During each of the three and six months ended June 30, 2019, the Company incurred a de minimis amount of finance lease cost, consisting of finance lease ROU asset amortization and interest on finance lease liabilities, and a de minimis amount of cost associated with short-term leases. Supplemental non-cash information related to leases is included below: Six Months Ended June 30, 2019 ROU assets acquired in exchange for lease obligations: ROU assets Operating leases $ 9 Lease obligations Operating leases $ 9 During the six months ended June 30, 2019, the Company recorded $31 million of operating cash outflows from operating leases. During the six months ended June 30, 2019, the Company recorded a de minimis amount of cash flows from financing leases. No finance lease ROU assets or obligations were acquired during the six months ended June 30, 2019. Supplemental information related to leases is included below: June 30, 2019 Weighted Average Remaining Lease Term (years) Operating leases 5.2 Financing leases 2.4 Weighted Average Discount Rate Operating leases 8.4 % Financing leases 6.7 % The annual maturities of lease liabilities as of June 30, 2019 were as follows: Operating Leases 2019 $ 29 2020 53 2021 45 2022 36 2023 25 2024 & thereafter 47 Total undiscounted lease payments 235 Imputed interest (41 ) Total lease liabilities $ 194 During the six months ended June 30, 2019, the Company recorded a de minimis amount of maturities for finance lease liabilities. As of June 30, 2019, the Company has additional operating leases that have not commenced for an undiscounted amount of $5 million. These operating leases will commence during 2019 with lease terms of 3 years to 6 years. The Company also is a sublessor to land and building subleases for certain locations resulting from the acquisition of businesses or disposition of the Company’s business components. Some of these subleases have variable payments, either because payments are structured to follow the head lease or because the sublease includes reimbursement for utilities and other expenses. We recognize the rent-related portion of lease payments, including changes based on a published index or rate, on a straight-line basis and the variable portion related to utilities and other expenses in the period incurred. Our subleases have various renewal and termination options which generally allow for renewal for 1 year to 5 years, or termination on 90 days’ notice.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Inventories	Note 5. Inventories The components of the Company’s inventories, net of excess and obsolescence reserves for raw materials and finished goods, at June 30, 2019 and December 31, 2018 were as follows: June 30, December 31, 2019 2018 Raw materials and manufacturing supplies $ 123 $ 119 Work in process 50 50 Finished goods 89 80 Last in, first out reserve (49 ) (52 ) Total $ 213 $ 197

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2019
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	Note 6. Property, Plant and Equipment The components of the Company’s property, plant and equipment at June 30, 2019 and December 31, 2018 were as follows: June 30, December 31, 2019 2018 Land $ 35 $ 43 Buildings 698 709 Machinery and equipment 3,592 3,759 4,325 4,511 Less: Accumulated depreciation (3,840 ) (4,003 ) Total $ 485 $ 508 During the three and six months ended June 30, 2019, depreciation expense was Restructuring, Impairment and Other Charges Assets Held for Sale Primarily as a result of restructuring actions, certain facilities and equipment are considered held for sale. The net book value of assets held for sale was $11 million and $3 million at June 30, 2019 and December 31, 2018, respectively. These assets were included in prepaid expenses and other current assets in the condensed consolidated balance sheets at the lower of their historical net book value or their estimated fair value, less estimated costs to sell.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 7. Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill for the six months ended June 30, 2019 were as follows: Magazines, Catalogs and Logistics Book Office Products Other Total Net book value as of December 31, 2018 Goodwill $ 523 $ 354 $ 110 $ 5 $ 992 Accumulated impairment losses (502 ) (303 ) (79 ) (5 ) (889 ) Total 21 51 31 — 103 Net book value as of June 30, 2019 Goodwill 523 354 110 5 992 Accumulated impairment losses (502 ) (303 ) (79 ) (5 ) (889 ) Total $ 21 $ 51 $ 31 $ — $ 103 The components of other intangible assets at June 30, 2019 and December 31, 2018 were as follows: June 30, 2019 December 31, 2018 Gross Carrying Accumulated Net Book Gross Carrying Accumulated Net Book Amount Amortization Value Amount Amortization Value Customer relationships $ 248 $ (142 ) $ 106 $ 268 $ (137 ) $ 131 Trade names 30 (7 ) 23 9 (6 ) 3 Total amortizable other intangible assets 278 (149 ) 129 277 (143 ) 134 Indefinite-lived trade names 1 — 1 22 — 22 Total other intangible assets $ 279 $ (149 ) $ 130 $ 299 $ (143 ) $ 156 In the second quarter of 2019, the Company impaired certain definite-lived customer relationships with a net book value of $17 million. Refer to Note 8, Restructuring, Impairment and Other Charges On January 1, 2019, all of Office Products’ tradenames (net book value of $21 million) were changed from indefinite-lived tradenames to definite-lived tradenames with a useful life of 15 years, as management determined that it was not possible to conclude the tradenames will generate cash flows for an indefinite period of time due to secular industry decline and changes in the usage of branded products. During the three and six months ended June 30, 2019, amortization expense for other intangible assets was $4 million and $9 million, respectively. During the three and six months ended June 30, 2018, amortization expense for other intangible assets was $4 and $9 million, respectively. The following table outlines the estimated annual amortization expense related to all amortizable intangible assets: For the year ending December 31, Amount 2019 $ 18 2020 17 2021 15 2022 14 2023 13 2024 and thereafter 61 Total $ 138

Restructuring, Impairment and O

Restructuring, Impairment and Other Charges	6 Months Ended
	Jun. 30, 2019
Restructuring And Related Activities [Abstract]
Restructuring, Impairment and Other Charges	Note 8. Restructuring, Impairment and Other Charges For the three and six months ended June 30, 2019 and 2018, the Company recorded the following net restructuring, impairment and other charges disclosed in the consolidated statements of operations: Other Total Three Months Ended Employee Restructuring Restructuring Other June 30, 2019 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ — $ 3 $ 3 $ 17 $ — $ 20 Book — — — — 1 1 Office Products — 1 1 — — 1 Other — — — — — — Corporate — 2 2 — — 2 Total $ — $ 6 $ 6 $ 17 $ 1 $ 24 Other Total Six Months Ended Employee Restructuring Restructuring Other June 30, 2019 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 5 $ 7 $ 12 $ 19 $ — $ 31 Book — 1 1 — 1 2 Office Products — 1 1 — — 1 Other — — — — — — Corporate — 3 3 — — 3 Total $ 5 $ 12 $ 17 $ 19 $ 1 $ 37 Other Total Three Months Ended Employee Restructuring Restructuring Other June 30, 2018 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 1 $ 5 $ 6 $ — $ — $ 6 Book 1 1 2 — 1 3 Office Products — 1 1 — — 1 Other — — — — — — Corporate 1 — 1 — — 1 Total $ 3 $ 7 $ 10 $ — $ 1 $ 11 Other Total Six Months Ended Employee Restructuring Restructuring Other June 30, 2018 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 4 $ 7 $ 11 $ (1 ) $ — $ 10 Book 1 2 3 — 1 4 Office Products 1 1 2 — — 2 Other — — — — — — Corporate 1 — 1 — — 1 Total $ 7 $ 10 $ 17 $ (1 ) $ 1 $ 17 Restruct uring Charges For the three and six months ended June 30, 2019, the Company incurred net other restructuring charges of $6 million and $12 million, respectively, primarily due to charges related to facility costs, as well as costs associated with new revenue opportunities and cost savings initiatives implemented in 2019, and pension withdrawal obligations related to facility closures. For the six months ended June 30, 2019, the Company incurred charges of $5 million for an aggregate of 234 employees, of whom 31 were terminated as of or prior to June 30, 2019, primarily related to the closure of one facility in the Magazines, Catalogs and Logistics segment. million of net impairment charges for the six months ended June 30, 2019 related to machinery and equipment associated with facility closings in the Magazines, Catalogs and Logistics segment. For the three and six months ended June 30, 2018, the Company incurred employee-related restructuring charges of $3 million and $7 million, respectively, for an aggregate of 304 employees, substantially all of whom were terminated as of or prior to June 30, 2019. These charges primarily related to the closure of one facility in the Magazines, Catalogs and Logistics segment Impairment Reviews and Charges The Company performs interim reviews of goodwill for indicators of impairment each quarter to assess whether an interim impairment review is required for any reporting unit. Additionally, the Company evaluates the recoverability of other long-lived assets, including property, plant and equipment and certain identifiable intangible assets, whenever events or changes in circumstances indicate that the carrying value of an asset or asset group may not be recoverable. As part of its interim reviews, management analyzes operating results for the period compared to expected results as of the prior year’s review, key assumptions such as discount rates and expected long-term growth rates, changes in the overall market value of the Company’s equity and debt securities, significant negative industry and economic trends, as well as other factors. For the three months ended June 30, 2019, the Book and Office Products segments performed in line with expectations. However, the Company has seen an unprecedented drop in demand in its magazines and catalogs reporting unit, with the faster pace of decline in demand primarily due to the accelerated impact of digital disruption of demand for printed materials. In addition, the Company’s stock price has experienced a significant, sustained decline since the Company performed its annual goodwill impairment test (October 31, 2018). Given the stock price decline, management determined that a further review of the reporting units’ goodwill for indicators of impairment was appropriate. The Company concluded that Book, Office Products and Logistics goodwill did not have indicators of impairment as the underlying assumptions from the 2018 review continue to be reasonable compared to performance thus far in 2019 and management’s current outlook. No other reporting unit, including magazines and catalogs, had a goodwill balance as of June 30, 2019. Due to the unprecedented drop in demand in the magazines and catalogs reporting unit, management determined that a further review of the reporting unit’s intangible assets and property, plant and equipment for recoverability was appropriate: • As a result of the faster pace of decline in demand, negative revenue trends and lower expectations of future revenue to be derived from certain customer relationships, management determined that a certain definite-lived customer relationship intangible asset was not recoverable. This resulted in the Company recording a $17 million impairment charge for the three months ended June 30, 2019, which fully impaired the asset. The impairment was determined using Level 3 inputs and estimated based on cash flow analyses, which included management’s assumptions related to future revenues and profitability. • With respect to property, plant and equipment and right-of-use assets for operating leases within the magazines and catalogs reporting unit, management performed a Step 1 recoverability test in accordance with Accounting Standards Codification (“ASC”) ASC 360, Property, Plant and Equipment . The recoverability test compares the estimated future undiscounted cash flows expected to result from the use of the asset group and its eventual disposition to the carrying value of the asset group; if the carrying value of the asset group exceeds its estimated future undiscounted cash flows, an impairment loss is recorded for the excess of the asset group’s carrying value over its fair value. The Company will continue to perform interim reviews of goodwill for indicators of impairment each quarter to assess whether an interim impairment test is required for its goodwill balances or if recoverability tests are required for long-lived assets, including property, plant and equipment, deferred tax assets and certain identifiable intangible assets, whenever events or changes in circumstances indicate that the carrying value of an asset or asset group may not be recoverable. Such reviews could result in future impairment charges, depending on the facts and circumstances in effect at the time of those reviews. Other Charges For each of the three and six months ended June 30, 2019 and 2018, the Company recorded $1 million of other charges for multiemployer pension plan withdrawal obligations unrelated to facility closures. The total liability for the withdrawal obligations associated with the Company’s decision to withdraw from certain multiemployer pension plans included $3 million in accrued liabilities and $18 million in restructuring and multiemployer pension plan liabilities at June 30, 2019. The Company’s withdrawal liabilities could be affected by the financial stability of other employers participating in such plans and any decisions by those employers to withdraw from such plans in the future. While it is not possible to quantify the potential impact of future events or circumstances, reductions in other employers’ participation in multiemployer pension plans, including certain plans from which the Company has previously withdrawn, could have a material effect on the Company’s previously estimated withdrawal liabilities and condensed consolidated balance sheets, statements of operations and cash flows. Restructuring Reserve The restructuring reserve as of December 31, 2018 and June 30, 2019, and changes during the six months ended June 30, 2019 were as follows: December 31, Restructuring Cash June 30, 2018 Charges Other Paid 2019 Employee terminations $ 8 $ 5 $ — $ (3 ) $ 10 Multiemployer pension plan withdrawal obligations 32 1 — (3 ) 30 Other 1 11 — (9 ) 3 Total $ 41 $ 17 $ — $ (15 ) $ 43 The current portion of restructuring reserves of $19 million at June 30, 2019 was included in accrued liabilities, while the long-term portion of $24 million, which primarily related to multiemployer pension plan withdrawal obligations related to facility closures, was included in restructuring and multiemployer pension liabilities at June 30, 2019. The Company anticipates that payments associated with the employee terminations reflected in the above table will be substantially completed by June 30, 2020. Payments on all of the Company’s multiemployer pension plan withdrawal obligations are scheduled to be completed by 2034. Changes based on uncertainties in these estimated withdrawal obligations could affect the ultimate charges related to multiemployer pension plan withdrawal obligations. The restructuring liabilities classified as “other” consisted of other facility closing costs.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 9. Commitments and Contingencies The Company is subject to laws and regulations relating to the protection of the environment. The Company accrues for expenses associated with environmental remediation obligations when such amounts are probable and can be reasonably estimated. Such accruals are adjusted as new information develops or circumstances change and are generally not discounted. The Company has been designated as a potentially responsible party or has received claims in ten active federal and state Superfund and other multiparty remediation sites. In addition to these sites, the Company may also have the obligation to remediate two other previously and currently owned facilities. At the Superfund sites, the Comprehensive Environmental Response, Compensation and Liability Act provides that the Company’s liability could be joint and several, meaning that the Company could be required to pay an amount in excess of its proportionate share of the remediation costs. The Company’s understanding of the financial strength of other potentially responsible parties at the multiparty sites and of other liable parties at the previously owned facilities has been considered, where appropriate, in the determination of the Company’s estimated liability. The Company established reserves, recorded in accrued liabilities and other noncurrent liabilities, that it believes are adequate to cover its share of the potential costs of remediation at each of the multiparty sites and the previously and currently owned facilities. It is not possible to quantify with certainty the potential impact of actions regarding environmental matters, particularly remediation and other compliance efforts that the Company may undertake in the future. However, in the opinion of management, compliance with the present environmental protection laws, before taking into account estimated recoveries from third parties, will not have a material effect on the Company’s condensed consolidated balance sheets, statements of operations and cash flows. From time to time, the Company’s customers and others file voluntary petitions for reorganization under United States bankruptcy laws. In such cases, certain pre-petition payments received by the Company from these parties could be considered preference items and subject to return. In addition, the Company may be party to certain litigation arising in the ordinary course of business. Management believes that the final resolution of these preference items and litigation will not have a material effect on the Company’s condensed consolidated balance sheets, statements of operations and cash flows.

Debt

Debt	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Debt	Note 10. Debt The Company’s debt at June 30, 2019 and December 31, 2018 consisted of the following: June 30, 2019 December 31, 2018 Borrowings under the Revolving Credit Facility $ 150 $ 64 Term Loan Facility due September 30, 2022 (a) 239 260 8.75% Senior Secured Notes due October 15, 2023 450 450 Finance lease and other obligations 2 4 Unamortized debt issuance costs (10 ) (11 ) Total debt 831 767 Less: current portion (192 ) (108 ) Long-term debt $ 639 $ 659 (a) The borrowings under the Term Loan Facility are subject to a variable interest rate. As of June 30, 2019 and December 31, 2018, the interest rate was 7.87% and 8.02%, respectively. __________________________________ On September 30, 2016, the Company issued $450 million of Senior Secured Notes (the “Senior Notes”). On September 30, 2016 the Company entered into a credit agreement (the “Credit Agreement”) that provides for (i) a senior secured term loan B facility in an aggregate principal amount of $375 million (the “Term Loan Facility”) and (ii) a senior secured revolving credit facility in an aggregate principal amount of $400 million (the “Revolving Credit Facility”), which was reduced to $300 million per the amendment effective on August 5, 2019. The debt issuance costs and original issue discount are being amortized over the life of the facilities using the effective interest method. The Credit Agreement is subject to a number of covenants, including, but not limited to, a minimum Interest Coverage Ratio and a Consolidated Leverage Ratio, as defined in and calculated pursuant to the Credit Agreement, that, in part, restrict the Company’s ability to incur additional indebtedness, create liens, engage in mergers and consolidations, make restricted payments and dispose of certain assets. Each of these covenants is subject to important exceptions and qualifications. Credit Agreement Amendments On December 20, 2018, the Company amended the Credit Agreement to, among other things, defer certain changes to the minimum Interest Coverage Ratio and the maximum Consolidated Leverage Ratio. Effective August 5, 2019, the Company further amended the Credit Agreement to, among other things, defer certain changes to the minimum Interest Coverage Ratio and the maximum Consolidated Leverage Ratio. The following summarizes the changes to the minimum Interest Coverage Ratio and the maximum Consolidated Leverage Ratio: Original December 20, 2018 August 5, 2019 Maximum Consolidated Leverage Ratio Current ratio 3.25 to 1.00 3.25 to 1.00 3.75 to 1.00 Step-down ratio 3.00 to 1.00 3.00 to 1.00 3.50 to 1.00 and 3.25 to 1.00 Step-down as of date (quarter ending on or after) March 31, 2019 March 31, 2020 June 30, 2020 and March 31, 2021 Minimum Interest Coverage Ratio Current ratio 3.25 to 1.00 3.25 to 1.00 2.50 to 1.00 Step-up ratio 3.50 to 1.00 3.50 to 1.00 2.75 to 1.00 and 3.00 to 1.00 Step-up as of date (quarter ending on or after) March 31, 2019 March 31, 2020 September 30, 2020 and June 30, 2021 Other terms, including the outstanding principal, maturity date and other debt covenants remained the same under the December 20, 2018 amendment. The August 5, 2019 amendment resulted in a reduction in the Revolving Credit Facility aggregate principal amount from $400 million to $300 million and removed the general allowance to declare and pay annual dividends of up to $50 million. The August 5, 2019 amendment included other changes that generally further restrict the Company’s ability to incur additional indebtedness, create liens, engage in mergers and consolidations, make restricted payments and dispose of certain assets. The outstanding principal and maturity date of the Term Loan Facility remains the same, while the maturity date of the Revolving Credit Facility remains the same. Additional Debt Issuances Information The fair values of the Senior Notes and Term Loan Facility that were determined using the market approach based upon interest rates available to the Company for borrowings with similar terms and maturities, were determined to be Level 2 under the fair value hierarchy. The fair value of the Company’s debt was lower than its book value by approximately $21 million at June 30, 2019 and greater than its book value by approximately $22 million at December 31, 2018. There were $150 million and $64 million of borrowings under the Revolving Credit Facility as of June 30, 2019 and December 31, 2018, respectively. The weighted-average interest rate on borrowings under the Company’s Revolving Credit Facility was 5.76% during the six months ended June 30, 2019. There was $19 million and $38 million of net interest expense during the three and six months ended June 30, 2019 , respectively. There was $18 million and $38 million of net inte rest expense during the three and six months ended June 30, 2018 , respectively.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Note 11. Earnings Per Share During the six months ended June 30, 2019 , no shares of common stock were purchased by the Company. On May 31, 2018, the Company completed the repurchase approved by the Board of Directors of 1.6 million shares of common stock for a total cost of $20 million. During the six months ended June 30, 2019 and 2018, Basic earnings (loss) per share (“EPS”) is calculated by dividing net earnings attributable to the Company’s stockholders by the weighted average number of common shares outstanding for the period. In computing diluted EPS, basic EPS is adjusted for the assumed issuance of all potentially dilutive share-based awards, including stock options, restricted stock, restricted stock units (“RSUs”), and performance share units (“PSUs”). The following table shows the calculation of basic and diluted EPS, as well as a reconciliation of basic shares to diluted shares: Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Net (loss) income per common share: Basic $ (0.69 ) $ 0.24 $ (4.48 ) $ (0.09 ) Diluted $ (0.69 ) $ 0.23 $ (4.48 ) $ (0.09 ) Numerator: Net (loss) income $ (24 ) $ 8 $ (150 ) $ (3 ) Denominator: Weighted average number of common shares outstanding 33.5 34.0 33.4 34.3 Dilutive options and awards — 0.3 — — Diluted weighted average number of common shares outstanding 33.5 34.3 33.4 34.3 Weighted-average number of anti-dilutive share-based awards: Restricted stock units — 0.5 — — Options — 0.2 — —

Retirement Plans

Retirement Plans	6 Months Ended
	Jun. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Retirement Plans	Note 12. Retirement Plans The Company is the sole sponsor of certain defined benefit pension plans that are included in the condensed consolidated balance sheets as of June 30, 2019 and December 31, 2018. The assets and certain obligations of the defined benefit pension plans includes plans qualified under Section 401(a) of the Internal Revenue Code of 1986, as amended (the “U.S. Qualified Plan”) and related non-qualified benefits (the “Non-Qualified Plan”). The components of the estimated net pension loss (income) for the three and six months ended June 30, 2019 and 2018 were as follows: Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Qualified Non-Qualified & International Total Qualified Non-Qualified & International Total Interest cost $ 18 $ 1 $ 19 $ 38 $ 2 $ 40 Expected return on plan assets (30 ) — (30 ) (63 ) — (63 ) Amortization of actuarial loss 2 — 2 5 — 5 Settlement of retirement obligations 1 — 1 136 — 136 Net periodic benefit (income) loss $ (9 ) $ 1 $ (8 ) $ 116 $ 2 $ 118 Three Months Ended Six Months Ended June 30, 2018 June 30, 2018 Qualified Non-Qualified & International Total Qualified Non-Qualified & International Total Interest cost $ 21 $ 1 $ 22 $ 42 $ 2 $ 44 Expected return on plan assets (39 ) — (39 ) (78 ) — (78 ) Amortization of actuarial loss 5 — 5 10 — 10 Net periodic benefit (income) loss $ (13 ) $ 1 $ (12 ) $ (26 ) $ 2 $ (24 ) In the first quarter of 2019, the Company completed a partial settlement of its retirement benefit obligations related to the U.S. Qualified Plan by purchasing a group annuity contract for certain retirees and beneficiaries from a third-party insurance company. As a result, the Company’s pension assets and liabilities were remeasured as of the settlement date. As of the remeasurement date, the reduction in the reported pension obligation for the participants under the annuity contract was $477 million, and the reduction in plan assets was $466 million. The Company recorded a non-cash settlement charge of $135 million in settlement of retirement benefit obligations in the condensed consolidated statement of operations in the first quarter of 2019. This charge results from the recognition in earnings of a portion of the actuarial losses recorded in accumulated other comprehensive loss based on the proportion of the obligation settled. The long-term rate of return remained at 6.50% for the U.S. Qualified pension plan and did not change as a result of the settlement. The discount rate used to determine the net obligation for the U.S. Qualified pension plan at the settlement date was 4.3%, 10 basis points lower than the discount rate as of December 31, 2018. There were additional immaterial lump-sum settlements related to the U.S. Qualified Plan (unrelated to the transaction noted above) during the three months ended June 30, 2019 that resulted in a non-cash settlement charge of $1 million. Settlement of retirement obligations is disclosed separately in the condensed consolidated statements of operations, while the remaining net periodic (loss) income for the three and six months ended June 30, 2019 and 2018 is included in investment and other (income)-net.

Comprehensive Income

Comprehensive Income	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Comprehensive Income	Note 13. Comprehensive Income The following table summarizes accumulated other comprehensive loss by component as of December 31, 2018 and June 30, 2019 and changes during the six months ended June 30, 2019. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2018 $ (529 ) $ (55 ) $ (584 ) Other comprehensive income before reclassifications 106 2 108 Amounts reclassified from accumulated other comprehensive loss 4 — 4 Net change in accumulated other comprehensive loss 110 2 112 Balance at June 30, 2019 $ (419 ) $ (53 ) $ (472 ) In the first quarter of 2019, the Company completed a partial settlement of its retirement benefit obligations and, as a result, the Company’s pension assets and liabilities were remeasured as of the settlement date. The impact, net of tax, to the Company’s accumulated other comprehensive loss was a decrease of $105 million. Additional immaterial lump-sum settlements during the three months ended June 30, 2019 increased the balance by $1 million to a total net of tax impact of $106 million. Refer to Note 12, Retirement Plans , for more information. The following table summarizes accumulated other comprehensive loss by component as of December 31, 2017 and June 30, 2018 and changes during the six months ended June 30, 2018. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2017 $ (428 ) $ (48 ) $ (476 ) Other comprehensive loss before reclassifications — (9 ) (9 ) Amounts reclassified from accumulated other comprehensive loss 8 — 8 Reclassification to accumulated deficit (97 ) — (97 ) Net change in accumulated other comprehensive loss (89 ) (9 ) (98 ) Balance at June 30, 2018 $ (517 ) $ (57 ) $ (574 ) The Company adopted ASU 2018-02 “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” (“ASU 2018-02”) in the first quarter of 2018. As a result of applying this standard in the period of adoption, the Company reclassified $97 million relating to the change in tax rate from accumulated other comprehensive loss to accumulated deficit in the Company’s condensed consolidated balance sheet during the three months ended March 31, 2018. Refer to the condensed consolidated statements of comprehensive income for the components of comprehensive (loss) income for the three and six months ended June 30, 2019 and 2018. Reclassifications from accumulated other comprehensive loss for the three and six months ended June 30, 2019 and 2018 were as follows: Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Amortization of pension plan cost: Net actuarial loss (a) $ 2 $ 5 $ 5 $ 10 Reclassifications before tax 2 5 5 10 Income tax expense — 1 1 2 Reclassifications, net of tax $ 2 $ 4 $ 4 $ 8 (a) Amortization of pension plan cost is included in the calculation of net periodic pension plan (income) expense that is recognized in investment and other income-net in the condensed consolidated statements of operations (see Note 12, Retirement Plans

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Information	Note 14. Segment Information During the third quarter of 2018, the Company realigned the reportable segments and reporting units to reflect its evolution since its separation from RRD in 2016, as well as changes from recent acquisition and disposal activity. All prior year amounts have been reclassified to conform to the Company’s current reporting structure. The Company’s segment and product and service offerings are summarized below: Magazines, Catalogs and Logistics The Magazines, Catalogs and Logistics segment primarily produces magazines and catalogs, as well as provides logistics services to the Company and other third-parties. The segment also provides certain other print-related services, including mail-list management and sortation. The segment has operations primarily in the U.S. The Magazines, Catalogs and Logistics segment is divided into two reporting units: magazines and catalogs; and logistics. Book The Book segment produces books for publishers primarily in the U.S. The segment also provides supply-chain management services, warehousing and fulfillment services, as well as e-book formatting for book publishers. Office Products The Office Products segment manufactures and sells branded and private label products in five core categories: filing products, envelopes, note-taking products, binder products, and forms. Other The Other grouping consists of the following non-reportable segments: Europe, Directories, Mexico, and Print Management. Europe produced magazines, catalogs and directories, as well as provided packaging and pre-media services. The Company disposed of its European printing business in the third quarter of 2018 (refer to Note 2, Business Combination and Disposition , for more information). Mexico produces magazines, catalogs, statements, forms, and labels. Print Management provides outsourced print procurement and management services. Corporate Corporate consists of unallocated selling, general and administrative activities and associated expenses including, in part, executive, legal, finance, communications, certain facility costs and LIFO inventory provisions. In addition, share-based compensation expense is included in Corporate and not allocated to the operating segments. Information by Segment The Company has disclosed income (loss) from operations as the primary measure of segment earnings (loss). This is the measure of profitability used by the Company’s chief operating decision-maker and is most consistent with the presentation of profitability reported with the condensed consolidated financial statements. Income (Loss) Depreciation Three Months Ended Net from and Capital June 30, 2019 Sales Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 380 $ (42 ) $ 13 $ 12 Book 289 18 13 7 Office Products 139 13 3 1 Total reportable segments 808 (11 ) 29 20 Other 61 8 1 — Corporate — (13 ) 1 1 Total operations $ 869 $ (16 ) $ 31 $ 21 Income (Loss) Depreciation Six Months Ended Net from Assets of and Capital June 30, 2019 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 783 $ (73 ) $ 734 $ 28 $ 22 Book 549 31 637 25 24 Office Products 258 21 339 6 1 Total reportable segments 1,590 (21 ) 1,710 59 47 Other 124 12 77 2 1 Corporate — (26 ) 92 1 1 Total operations $ 1,714 $ (35 ) $ 1,879 $ 62 $ 49 Income (Loss) Depreciation Three Months Ended Net from and Capital June 30, 2018 Sales Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 401 $ (6 ) $ 15 $ 5 Book 266 19 13 9 Office Products 154 13 3 1 Total reportable segments 821 26 31 15 Other 122 7 2 1 Corporate — (15 ) 1 1 Total operations $ 943 $ 18 $ 34 $ 17 Income (Loss) Depreciation Six Months Ended Net from Assets of and Capital June 30, 2018 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 828 $ (20 ) $ 690 $ 31 $ 14 Book 515 28 598 27 18 Office Products 277 15 367 7 1 Total reportable segments 1,620 23 1,655 65 33 Other 252 14 195 6 2 Corporate — (25 ) 71 1 2 Total operations $ 1,872 $ 12 $ 1,921 $ 72 $ 37 Restructuring, impairment and other charges by segment for the three and six months ended June 30, 2019 and 2018 are discl osed in Note 8 , Restructuring, Impairment and Other Charges.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2019
Accounting Changes And Error Corrections [Abstract]
New Accounting Pronouncements	Note 15. New Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2016-13 “Financial Instruments-Credit Losses (Topic 326)” (“ASU 2016-13”). ASU 2016-13 changes the accounting for credit losses on financial instruments, including accounts receivable. The standard will require the Company to measure expected credit losses on trade receivables based on historical experience, current conditions, and reasonable forecasts. ASU 2016-13 is effective in the first quarter of 2020. The Company is in the process of assessing the impact of the new standard but does not anticipate a significant impact. In August 2018, the FASB issued Accounting Standards Update No. 2018-15 “ Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract” (“ASU 2018-15”). ASU 2018-15 aligns the accounting for implementation costs for cloud computing arrangements with the accounting for costs involved in implementing an internal-use software license. ASU 2018-15 is effective in the first quarter of 2020; however, as early adoption is permitted, the Company adopted ASU 2018-15 in the first quarter of 2019. The adoption did not have a material impact during the six months ended June 30, 2019.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Note 16. Subsequent Events On August 7, 2019, the Company entered into an agreement to sell the land and building associated with its production facility in Torrance, California and expects to receive net proceeds of approximately $35 million, subject to customary contractual terms and conditions.

Business Combination and Disp_2

Business Combination and Disposition (Tables)	6 Months Ended
	Jun. 30, 2019
Business Acquisition [Line Items]
Pro Forma Financial Information	The unaudited pro forma financial information is not intended to represent or be indicative of the Company’s condensed consolidated statements of operations that would have been reported had these acquisitions been completed as of the beginning of the period presented and should not be taken as indicative of the Company’s future condensed consolidated statements of operations. Pro forma adjustments are tax-effected at the applicable statutory tax rates. Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Net sales $ 869 $ 984 $ 1,714 $ 1,957 Net (loss) income (24 ) 6 (150 ) (6 ) The following table outlines unaudited pro forma financial information for the three and six months ended June 30, 2019 and 2018: Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Amortization of purchased intangibles $ 4 $ 5 $ 9 $ 10
2018 Acquisition
Business Acquisition [Line Items]
Schedule of Purchase Price Allocation for Acquisitions	The final purchase price allocation for Print Logistics was as follows: Accounts Receivable $ 40 Prepaid expenses and other current assets 1 Property, plant and equipment 8 Other intangible assets 17 Goodwill 21 Accounts payable and accrued liabilities (35 ) Purchase price and net cash paid $ 52
Fair Values, Valuation Techniques and Related Unobservable Inputs of Level Three	The following table presents the fair value, valuation techniques and related unobservable inputs for these Level 3 measurements associated with Print Logistics: Fair Value Valuation Technique Unobservable Input Value Customer relationships $ 17 Multi-period excess earnings method Existing customer growth rate (3.5%) Attrition rate 7.5% Discount rate 18.0%

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregated Revenue	The following tables provide information about disaggregated revenue by major products/service lines and timing of revenue recognition, and include a reconciliation of the disaggregated revenue with reportable segments for the three and six months ended June 30, 2019 and 2018. Three Months Ended Three Months Ended June 30, 2019 June 30, 2018 Magazines, Magazines, Catalogs Catalogs and Office and Office Logistics Book Products Other Total Logistics Book Products Other Total Major Products / Service Lines Book (a) $ — $ 289 $ — $ — $ 289 $ — $ 266 $ — $ — $ 266 Magazines and Catalogs (b) $ 297 $ — $ — $ 44 $ 341 $ 372 $ — $ — $ 92 $ 464 North America 297 — — 44 341 372 — — 41 413 Europe — — — — — — — — 51 51 Logistics $ 83 $ — $ — $ — $ 83 $ 29 $ — $ — $ — $ 29 Directories $ — $ — $ — $ 17 $ 17 $ — $ — $ — 30 $ 30 North America — — — 17 17 — — — 25 25 Europe — — — — — — — — 5 5 Office Products $ — $ — $ 139 $ — $ 139 $ — $ — $ 154 $ — $ 154 Total $ 380 $ 289 $ 139 $ 61 $ 869 $ 401 $ 266 $ 154 $ 122 $ 943 Timing of Revenue Recognition Products and services transferred at a point in time $ 268 $ 253 $ 139 $ 42 $ 702 $ 342 $ 236 $ 154 $ 105 $ 837 Products and services transferred over time 112 36 — 19 167 59 30 — 17 106 Total $ 380 $ 289 $ 139 $ 61 $ 869 $ 401 $ 266 $ 154 $ 122 $ 943 Six Months Ended Six Months Ended June 30, 2019 June 30, 2018 Magazines, Magazines, Catalogs Catalogs and Office and Office Logistics Book Products Other Total Logistics Book Products Other Total Major Products / Service Lines Book (a) $ — $ 549 $ — $ — $ 549 $ — $ 515 $ — $ — $ 515 Magazines and Catalogs (b) $ 616 $ — $ — $ 88 $ 704 $ 772 $ — $ — $ 191 $ 963 North America 616 — — 88 704 772 — — 82 854 Europe — — — — — — — — 109 109 Logistics $ 167 $ — $ — $ — $ 167 $ 56 $ — $ — $ — $ 56 Directories $ — $ — $ — $ 36 $ 36 $ — $ — $ — $ 61 $ 61 North America — — — 36 36 — — — 52 52 Europe — — — — — — — — 9 9 Office Products $ — $ — $ 258 $ — $ 258 $ — $ — $ 277 $ — $ 277 Total $ 783 $ 549 $ 258 $ 124 $ 1,714 $ 828 $ 515 $ 277 $ 252 $ 1,872 Timing of Revenue Recognition Products and services transferred at a point in time $ 556 $ 481 $ 258 $ 85 $ 1,380 $ 711 $ 457 $ 277 $ 217 $ 1,662 Products and services transferred over time 227 68 — 39 334 117 58 — 35 210 Total $ 783 $ 549 $ 258 $ 124 $ 1,714 $ 828 $ 515 $ 277 $ 252 $ 1,872 (a) Includes e-book formatting and supply chain management associated with book production (b) Includes premedia and co-mail
Schedule of Changes in the Contract Assets and Liabilities	The following table provides changes in contract assets and liabilities during the six months ended June 30, 2019: Short-Term Contract Assets Long-Term Contract Assets Contract Liabilities Beginning Balance, January 1, 2019 $ 44 $ 30 $ 16 Additions to unbilled accounts receivable 35 — — Unbilled accounts receivable recognized in trade receivables (33 ) — — Payment of contract acquisition costs 2 Amortization of contract acquisition costs — (6 ) — Revenue recognized that was included in contract liabilities as of January 1, 2019 — — (9 ) Increases due to cash received — — 4 Ending Balance, June 30, 2019 $ 46 $ 26 $ 11
Schedule of Transactions Affecting Allowance for Doubtful Accounts Receivable	Transactions affecting the allowances for doubtful accounts receivable balance during the six months ended June 30, 2019 were as follows: June 30, 2019 Balance, beginning of year $ 14 Provisions charged to expense 4 Write-offs and other (3 ) Balance, end of period $ 15

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Components of Total Net Lease Expense	The components of total net lease expense were as follows: Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Operating lease expense $ 18 $ 35 Sublease (income) (2 ) (4 ) Variable lease expense 2 5 Total net lease expense $ 18 $ 36
Supplemental Non-cash Information Related to Leases	Supplemental non-cash information related to leases is included below: Six Months Ended June 30, 2019 ROU assets acquired in exchange for lease obligations: ROU assets Operating leases $ 9 Lease obligations Operating leases $ 9
Supplemental Information Related to Leases	Supplemental information related to leases is included below: June 30, 2019 Weighted Average Remaining Lease Term (years) Operating leases 5.2 Financing leases 2.4 Weighted Average Discount Rate Operating leases 8.4 % Financing leases 6.7 %
Schedule of Annual Maturities of Lease Liabilities	The annual maturities of lease liabilities as of June 30, 2019 were as follows: Operating Leases 2019 $ 29 2020 53 2021 45 2022 36 2023 25 2024 & thereafter 47 Total undiscounted lease payments 235 Imputed interest (41 ) Total lease liabilities $ 194
ASU 2016-02
Impact of Adopting Accounting Standards Update Adjustment to Accounts	Based upon the balances that existed as of December 31, 2018, the Company recorded adjustments to the following accounts as of January 1, 2019: As Reported Adjustments Adjusted December 31, 2018 Adoption of ASU 2016-02 January 1, 2019 Assets ROU assets for operating leases (a) $ — $ 201 $ 201 Liabilities Accrued liabilities (a) $ 199 $ (1 ) $ 198 Short-term operating lease liabilities — 52 52 Long-term operating lease liabilities — 154 154 Other noncurrent liabilities (a) 61 (4 ) 57 (a) The total $5 adjustment shown in accrued liabilities and other noncurrent liabilities relates to straight-line rent accruals that were reclassified to ROU assets for operating leases.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Components of the Company's Inventories	The components of the Company’s inventories, net of excess and obsolescence reserves for raw materials and finished goods, at June 30, 2019 and December 31, 2018 were as follows: June 30, December 31, 2019 2018 Raw materials and manufacturing supplies $ 123 $ 119 Work in process 50 50 Finished goods 89 80 Last in, first out reserve (49 ) (52 ) Total $ 213 $ 197

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2019
Property Plant And Equipment [Abstract]
Components of Company's Property, Plant and Equipment	The components of the Company’s property, plant and equipment at June 30, 2019 and December 31, 2018 were as follows: June 30, December 31, 2019 2018 Land $ 35 $ 43 Buildings 698 709 Machinery and equipment 3,592 3,759 4,325 4,511 Less: Accumulated depreciation (3,840 ) (4,003 ) Total $ 485 $ 508

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Changes in the Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the six months ended June 30, 2019 were as follows: Magazines, Catalogs and Logistics Book Office Products Other Total Net book value as of December 31, 2018 Goodwill $ 523 $ 354 $ 110 $ 5 $ 992 Accumulated impairment losses (502 ) (303 ) (79 ) (5 ) (889 ) Total 21 51 31 — 103 Net book value as of June 30, 2019 Goodwill 523 354 110 5 992 Accumulated impairment losses (502 ) (303 ) (79 ) (5 ) (889 ) Total $ 21 $ 51 $ 31 $ — $ 103
Components of Other Intangible Assets	The components of other intangible assets at June 30, 2019 and December 31, 2018 were as follows: June 30, 2019 December 31, 2018 Gross Carrying Accumulated Net Book Gross Carrying Accumulated Net Book Amount Amortization Value Amount Amortization Value Customer relationships $ 248 $ (142 ) $ 106 $ 268 $ (137 ) $ 131 Trade names 30 (7 ) 23 9 (6 ) 3 Total amortizable other intangible assets 278 (149 ) 129 277 (143 ) 134 Indefinite-lived trade names 1 — 1 22 — 22 Total other intangible assets $ 279 $ (149 ) $ 130 $ 299 $ (143 ) $ 156
Schedule of Estimated Annual Amortization Expense Related to all Amortizable Intangible Assets	The following table outlines the estimated annual amortization expense related to all amortizable intangible assets: For the year ending December 31, Amount 2019 $ 18 2020 17 2021 15 2022 14 2023 13 2024 and thereafter 61 Total $ 138

Restructuring, Impairment and_2

Restructuring, Impairment and Other Charges (Tables)	6 Months Ended
	Jun. 30, 2019
Restructuring And Related Activities [Abstract]
Schedule of Net Restructuring, Impairment and Other Charges Disclosed in Consolidated Statements of Operations	For the three and six months ended June 30, 2019 and 2018, the Company recorded the following net restructuring, impairment and other charges disclosed in the consolidated statements of operations: Other Total Three Months Ended Employee Restructuring Restructuring Other June 30, 2019 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ — $ 3 $ 3 $ 17 $ — $ 20 Book — — — — 1 1 Office Products — 1 1 — — 1 Other — — — — — — Corporate — 2 2 — — 2 Total $ — $ 6 $ 6 $ 17 $ 1 $ 24 Other Total Six Months Ended Employee Restructuring Restructuring Other June 30, 2019 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 5 $ 7 $ 12 $ 19 $ — $ 31 Book — 1 1 — 1 2 Office Products — 1 1 — — 1 Other — — — — — — Corporate — 3 3 — — 3 Total $ 5 $ 12 $ 17 $ 19 $ 1 $ 37 Other Total Three Months Ended Employee Restructuring Restructuring Other June 30, 2018 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 1 $ 5 $ 6 $ — $ — $ 6 Book 1 1 2 — 1 3 Office Products — 1 1 — — 1 Other — — — — — — Corporate 1 — 1 — — 1 Total $ 3 $ 7 $ 10 $ — $ 1 $ 11 Other Total Six Months Ended Employee Restructuring Restructuring Other June 30, 2018 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 4 $ 7 $ 11 $ (1 ) $ — $ 10 Book 1 2 3 — 1 4 Office Products 1 1 2 — — 2 Other — — — — — — Corporate 1 — 1 — — 1 Total $ 7 $ 10 $ 17 $ (1 ) $ 1 $ 17
Schedule of Changes in the Restructuring Reserve	The restructuring reserve as of December 31, 2018 and June 30, 2019, and changes during the six months ended June 30, 2019 were as follows: December 31, Restructuring Cash June 30, 2018 Charges Other Paid 2019 Employee terminations $ 8 $ 5 $ — $ (3 ) $ 10 Multiemployer pension plan withdrawal obligations 32 1 — (3 ) 30 Other 1 11 — (9 ) 3 Total $ 41 $ 17 $ — $ (15 ) $ 43

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule of the Company's Debt	The Company’s debt at June 30, 2019 and December 31, 2018 consisted of the following: June 30, 2019 December 31, 2018 Borrowings under the Revolving Credit Facility $ 150 $ 64 Term Loan Facility due September 30, 2022 (a) 239 260 8.75% Senior Secured Notes due October 15, 2023 450 450 Finance lease and other obligations 2 4 Unamortized debt issuance costs (10 ) (11 ) Total debt 831 767 Less: current portion (192 ) (108 ) Long-term debt $ 639 $ 659 (a) The borrowings under the Term Loan Facility are subject to a variable interest rate. As of June 30, 2019 and December 31, 2018, the interest rate was 7.87% and 8.02%, respectively.
Summary of Changes to Minimum Interest Coverage Ratio and Maximum Consolidated Leverage Ratio	The following summarizes the changes to the minimum Interest Coverage Ratio and the maximum Consolidated Leverage Ratio: Original December 20, 2018 August 5, 2019 Maximum Consolidated Leverage Ratio Current ratio 3.25 to 1.00 3.25 to 1.00 3.75 to 1.00 Step-down ratio 3.00 to 1.00 3.00 to 1.00 3.50 to 1.00 and 3.25 to 1.00 Step-down as of date (quarter ending on or after) March 31, 2019 March 31, 2020 June 30, 2020 and March 31, 2021 Minimum Interest Coverage Ratio Current ratio 3.25 to 1.00 3.25 to 1.00 2.50 to 1.00 Step-up ratio 3.50 to 1.00 3.50 to 1.00 2.75 to 1.00 and 3.00 to 1.00 Step-up as of date (quarter ending on or after) March 31, 2019 March 31, 2020 September 30, 2020 and June 30, 2021

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Calculation of Basic and Diluted EPS as Well as Reconciliation of Basic Shares to Diluted Shares	The following table shows the calculation of basic and diluted EPS, as well as a reconciliation of basic shares to diluted shares: Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Net (loss) income per common share: Basic $ (0.69 ) $ 0.24 $ (4.48 ) $ (0.09 ) Diluted $ (0.69 ) $ 0.23 $ (4.48 ) $ (0.09 ) Numerator: Net (loss) income $ (24 ) $ 8 $ (150 ) $ (3 ) Denominator: Weighted average number of common shares outstanding 33.5 34.0 33.4 34.3 Dilutive options and awards — 0.3 — — Diluted weighted average number of common shares outstanding 33.5 34.3 33.4 34.3 Weighted-average number of anti-dilutive share-based awards: Restricted stock units — 0.5 — — Options — 0.2 — —

Retirement Plans (Tables)

Retirement Plans (Tables)	6 Months Ended
	Jun. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Components of Estimated Net Pension Loss (Income)	The components of the estimated net pension loss (income) for the three and six months ended June 30, 2019 and 2018 were as follows: Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Qualified Non-Qualified & International Total Qualified Non-Qualified & International Total Interest cost $ 18 $ 1 $ 19 $ 38 $ 2 $ 40 Expected return on plan assets (30 ) — (30 ) (63 ) — (63 ) Amortization of actuarial loss 2 — 2 5 — 5 Settlement of retirement obligations 1 — 1 136 — 136 Net periodic benefit (income) loss $ (9 ) $ 1 $ (8 ) $ 116 $ 2 $ 118 Three Months Ended Six Months Ended June 30, 2018 June 30, 2018 Qualified Non-Qualified & International Total Qualified Non-Qualified & International Total Interest cost $ 21 $ 1 $ 22 $ 42 $ 2 $ 44 Expected return on plan assets (39 ) — (39 ) (78 ) — (78 ) Amortization of actuarial loss 5 — 5 10 — 10 Net periodic benefit (income) loss $ (13 ) $ 1 $ (12 ) $ (26 ) $ 2 $ (24 )

Comprehensive Income (Tables)

Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Summary of Changes in Accumulated Other Comprehensive Loss	The following table summarizes accumulated other comprehensive loss by component as of December 31, 2018 and June 30, 2019 and changes during the six months ended June 30, 2019. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2018 $ (529 ) $ (55 ) $ (584 ) Other comprehensive income before reclassifications 106 2 108 Amounts reclassified from accumulated other comprehensive loss 4 — 4 Net change in accumulated other comprehensive loss 110 2 112 Balance at June 30, 2019 $ (419 ) $ (53 ) $ (472 ) In the first quarter of 2019, the Company completed a partial settlement of its retirement benefit obligations and, as a result, the Company’s pension assets and liabilities were remeasured as of the settlement date. The impact, net of tax, to the Company’s accumulated other comprehensive loss was a decrease of $105 million. Additional immaterial lump-sum settlements during the three months ended June 30, 2019 increased the balance by $1 million to a total net of tax impact of $106 million. Refer to Note 12, Retirement Plans , for more information. The following table summarizes accumulated other comprehensive loss by component as of December 31, 2017 and June 30, 2018 and changes during the six months ended June 30, 2018. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2017 $ (428 ) $ (48 ) $ (476 ) Other comprehensive loss before reclassifications — (9 ) (9 ) Amounts reclassified from accumulated other comprehensive loss 8 — 8 Reclassification to accumulated deficit (97 ) — (97 ) Net change in accumulated other comprehensive loss (89 ) (9 ) (98 ) Balance at June 30, 2018 $ (517 ) $ (57 ) $ (574 )
Schedule of Reclassifications From Accumulated Other Comprehensive Loss	Reclassifications from accumulated other comprehensive loss for the three and six months ended June 30, 2019 and 2018 were as follows: Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Amortization of pension plan cost: Net actuarial loss (a) $ 2 $ 5 $ 5 $ 10 Reclassifications before tax 2 5 5 10 Income tax expense — 1 1 2 Reclassifications, net of tax $ 2 $ 4 $ 4 $ 8 (a) Amortization of pension plan cost is included in the calculation of net periodic pension plan (income) expense that is recognized in investment and other income-net in the condensed consolidated statements of operations (see Note 12, Retirement Plans

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The Company has disclosed income (loss) from operations as the primary measure of segment earnings (loss). This is the measure of profitability used by the Company’s chief operating decision-maker and is most consistent with the presentation of profitability reported with the condensed consolidated financial statements. Income (Loss) Depreciation Three Months Ended Net from and Capital June 30, 2019 Sales Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 380 $ (42 ) $ 13 $ 12 Book 289 18 13 7 Office Products 139 13 3 1 Total reportable segments 808 (11 ) 29 20 Other 61 8 1 — Corporate — (13 ) 1 1 Total operations $ 869 $ (16 ) $ 31 $ 21 Income (Loss) Depreciation Six Months Ended Net from Assets of and Capital June 30, 2019 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 783 $ (73 ) $ 734 $ 28 $ 22 Book 549 31 637 25 24 Office Products 258 21 339 6 1 Total reportable segments 1,590 (21 ) 1,710 59 47 Other 124 12 77 2 1 Corporate — (26 ) 92 1 1 Total operations $ 1,714 $ (35 ) $ 1,879 $ 62 $ 49 Income (Loss) Depreciation Three Months Ended Net from and Capital June 30, 2018 Sales Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 401 $ (6 ) $ 15 $ 5 Book 266 19 13 9 Office Products 154 13 3 1 Total reportable segments 821 26 31 15 Other 122 7 2 1 Corporate — (15 ) 1 1 Total operations $ 943 $ 18 $ 34 $ 17 Income (Loss) Depreciation Six Months Ended Net from Assets of and Capital June 30, 2018 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 828 $ (20 ) $ 690 $ 31 $ 14 Book 515 28 598 27 18 Office Products 277 15 367 7 1 Total reportable segments 1,620 23 1,655 65 33 Other 252 14 195 6 2 Corporate — (25 ) 71 1 2 Total operations $ 1,872 $ 12 $ 1,921 $ 72 $ 37

Overview and Basis of Present_2

Overview and Basis of Presentation - Narrative (Detail) $ in Millions	Jul. 22, 2019USD ($)
Accounting Policies [Abstract]
Merger agreement reverse termination fee receivable	$ 45

Business Combination and Disp_3

Business Combination and Disposition - Narrative (Detail) - USD ($)	Sep. 28, 2018	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Business Acquisition [Line Items]
Goodwill		$ 103,000,000	$ 103,000,000			$ 103,000,000
Acquisition-related expenses					$ 1,000,000		$ 2,000,000
Business acquisition nonrecurring pro forma adjustments affecting net (loss) income		0			$ 0	0	$ 0
Other
Business Acquisition [Line Items]
Goodwill		0	0			0
Other | Europe
Business Acquisition [Line Items]
Proceeds from sale of business	$ 47,000,000
Income tax non-cash provision recorded		25,000,000				25,000,000
Print Logistics
Business Acquisition [Line Items]
Purchase price of acquisition, cash			52,000,000	$ 58,000,000
Net working capital settlement			$ 6,000,000
Goodwill		21,000,000				21,000,000
2018 Acquisition
Business Acquisition [Line Items]
Tax deductible goodwill		$ 25,000,000				$ 25,000,000

Business Combination and Disp_4

Business Combination and Disposition - Schedule of Purchase Price Allocation for Acquisitions (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill	$ 103	$ 103
Print Logistics
Business Acquisition [Line Items]
Accounts Receivable	40
Prepaid expenses and other current assets	1
Property, plant and equipment	8
Other intangible assets	17
Goodwill	21
Accounts payable and accrued liabilities	(35)
Purchase price and net cash paid	$ 52

Business Combination and Disp_5

Business Combination and Disposition - Fair Values, Valuation Techniques and Related Unobservable Inputs of Level Three (Detail) - Customer Relationships - Fair Value, Inputs, Level 3 - Fair Value, Measurements, Nonrecurring $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Existing Customer Growth Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unobservable Input	(3.5)
Attrition Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unobservable Input	7.5
Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unobservable Input	18
Multi-period excess earnings method
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 17

Business Combination and Disp_6

Business Combination and Disposition - Pro Forma Financial Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Business Combinations [Abstract]
Net sales	$ 869	$ 984	$ 1,714	$ 1,957
Net (loss) income	(24)	6	(150)	(6)
Amortization of purchased intangibles	$ 4	$ 5	$ 9	$ 10

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Disaggregated Revenue (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation Of Revenue [Line Items]
Revenue	$ 869	$ 943	$ 1,714	$ 1,872
Book
Disaggregation Of Revenue [Line Items]
Revenue	289	266	549	515
Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	341	464	704	963
Magazines and Catalogs | North America
Disaggregation Of Revenue [Line Items]
Revenue	341	413	704	854
Magazines and Catalogs | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	51	0	109
Logistics
Disaggregation Of Revenue [Line Items]
Revenue	83	29	167	56
Directories
Disaggregation Of Revenue [Line Items]
Revenue	17	30	36	61
Directories | North America
Disaggregation Of Revenue [Line Items]
Revenue	17	25	36	52
Directories | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	5	0	9
Office Products
Disaggregation Of Revenue [Line Items]
Revenue	139	154	258	277
Major Products/Service Lines
Disaggregation Of Revenue [Line Items]
Revenue	869	943	1,714	1,872
Magazines, Catalogs and Logistics | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Magazines, Catalogs and Logistics | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	297	372	616	772
Magazines, Catalogs and Logistics | Magazines and Catalogs | North America
Disaggregation Of Revenue [Line Items]
Revenue	297	372	616	772
Magazines, Catalogs and Logistics | Magazines and Catalogs | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Magazines, Catalogs and Logistics | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	83	29	167	56
Magazines, Catalogs and Logistics | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Magazines, Catalogs and Logistics | Directories | North America
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Magazines, Catalogs and Logistics | Directories | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Magazines, Catalogs and Logistics | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Magazines, Catalogs and Logistics | Major Products/Service Lines
Disaggregation Of Revenue [Line Items]
Revenue	380	401	783	828
Book | Book
Disaggregation Of Revenue [Line Items]
Revenue	289	266	549	515
Book | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Magazines and Catalogs | North America
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Magazines and Catalogs | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Directories | North America
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Directories | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Book | Major Products/Service Lines
Disaggregation Of Revenue [Line Items]
Revenue	289	266	549	515
Office Products | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Magazines and Catalogs | North America
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Magazines and Catalogs | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Directories | North America
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Directories | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Office Products | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	139	154	258	277
Office Products | Major Products/Service Lines
Disaggregation Of Revenue [Line Items]
Revenue	139	154	258	277
Other | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Other | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	44	92	88	191
Other | Magazines and Catalogs | North America
Disaggregation Of Revenue [Line Items]
Revenue	44	41	88	82
Other | Magazines and Catalogs | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	51	0	109
Other | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Other | Directories
Disaggregation Of Revenue [Line Items]
Revenue	17	30	36	61
Other | Directories | North America
Disaggregation Of Revenue [Line Items]
Revenue	17	25	36	52
Other | Directories | Europe
Disaggregation Of Revenue [Line Items]
Revenue	0	5	0	9
Other | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Other | Major Products/Service Lines
Disaggregation Of Revenue [Line Items]
Revenue	61	122	124	252
Products and Services Transferred at a Point in Time
Disaggregation Of Revenue [Line Items]
Revenue	702	837	1,380	1,662
Products and Services Transferred at a Point in Time | Magazines, Catalogs and Logistics
Disaggregation Of Revenue [Line Items]
Revenue	268	342	556	711
Products and Services Transferred at a Point in Time | Book
Disaggregation Of Revenue [Line Items]
Revenue	253	236	481	457
Products and Services Transferred at a Point in Time | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	139	154	258	277
Products and Services Transferred at a Point in Time | Other
Disaggregation Of Revenue [Line Items]
Revenue	42	105	85	217
Products and Services Transferred Over Time
Disaggregation Of Revenue [Line Items]
Revenue	167	106	334	210
Products and Services Transferred Over Time | Magazines, Catalogs and Logistics
Disaggregation Of Revenue [Line Items]
Revenue	112	59	227	117
Products and Services Transferred Over Time | Book
Disaggregation Of Revenue [Line Items]
Revenue	36	30	68	58
Products and Services Transferred Over Time | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0	0	0
Products and Services Transferred Over Time | Other
Disaggregation Of Revenue [Line Items]
Revenue	19	17	39	35
Timing of Revenue Recognition
Disaggregation Of Revenue [Line Items]
Revenue	869	943	1,714	1,872
Timing of Revenue Recognition | Magazines, Catalogs and Logistics
Disaggregation Of Revenue [Line Items]
Revenue	380	401	783	828
Timing of Revenue Recognition | Book
Disaggregation Of Revenue [Line Items]
Revenue	289	266	549	515
Timing of Revenue Recognition | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	139	154	258	277
Timing of Revenue Recognition | Other
Disaggregation Of Revenue [Line Items]
Revenue	$ 61	$ 122	$ 124	$ 252

Revenue Recognition - Schedul_2

Revenue Recognition - Schedule of Changes in the Contract Assets and Liabilities (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Contract Liabilities
Beginning Balance	$ 16
Revenue recognized that was included in contract liabilities as of January 1, 2019	(9)
Increases due to cash received	4
Ending Balance	11
Short-Term Contract Assets
Contract Assets
Beginning Balance	44
Additions to unbilled accounts receivable	35
Unbilled accounts receivable recognized in trade receivables	(33)
Amortization of contract acquisition costs	0
Ending Balance	46
Long-Term Contract Assets
Contract Assets
Beginning Balance	30
Additions to unbilled accounts receivable	0
Unbilled accounts receivable recognized in trade receivables	0
Payment of contract acquisition costs	2
Amortization of contract acquisition costs	(6)
Ending Balance	$ 26

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Disaggregation Of Revenue [Abstract]
Trade receivables	$ 461	$ 488

Recenue Recognition - Schedule

Recenue Recognition - Schedule of Transactions Affecting Allowance for Doubtful Accounts Receivable (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Revenue From Contract With Customer [Abstract]
Balance, beginning of year	$ 14
Provisions charged to expense	4	$ 4
Write-offs and other	(3)
Balance, end of period	$ 15

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Lessee Lease Description [Line Items]
Operating lease, right-of-use asset	$ 188,000,000	$ 201,000,000	$ 0
Operating lease, liability	$ 194,000,000
Initial lease term	12 months
Operating cash outflows from operating leases	$ 31,000,000
Finance lease ROU assets or obligations acquired	0
Additional operating leases not commenced, undiscounted amount	$ 5,000,000
Sublease termination notice period	90 days
Minimum
Lessee Lease Description [Line Items]
Renewal period	1 year
Operating leases commenced, lease terms	3 years
Sublease renewal period	1 year
Maximum
Lessee Lease Description [Line Items]
Renewal period	5 years
Operating leases commenced, lease terms	6 years
Sublease renewal period	5 years
ASU 2016-02
Lessee Lease Description [Line Items]
Operating lease, right-of-use asset		206,000,000
Operating lease, liability		$ 206,000,000

Leases - Impact of Adopting Acc

Leases - Impact of Adopting Accounting Standards Update Adjustment to Accounts (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Assets
ROU assets for operating leases	$ 188	$ 201	$ 0
Liabilities
Accrued liabilities	188	198	199
Short-term operating lease liabilities	46	52	0
Long-term operating lease liabilities	148	154	0
Other noncurrent liabilities	$ 51	57	61
As Reported
Assets
ROU assets for operating leases			0
Liabilities
Accrued liabilities			199
Short-term operating lease liabilities			0
Long-term operating lease liabilities			0
Other noncurrent liabilities			$ 61
ASU 2016-02
Assets
ROU assets for operating leases		206
ASU 2016-02 | Adjustments
Assets
ROU assets for operating leases		201
Liabilities
Accrued liabilities		(1)
Short-term operating lease liabilities		52
Long-term operating lease liabilities		154
Other noncurrent liabilities		$ (4)

Leases - Impact of Adopting A_2

Leases - Impact of Adopting Accounting Standards Update Adjustment to Accounts (Parenthetical) (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Accrued Liabilities and Other Noncurrent Liabilities
Lessee Lease Description [Line Items]
Straight line rent accruals adjustments	$ 5

Leases - Components of Total Ne

Leases - Components of Total Net Lease Expense (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Leases [Abstract]
Operating lease expense	$ 18	$ 35
Sublease (income)	(2)	(4)
Variable lease expense	2	5
Total net lease expense	$ 18	$ 36

Leases - Supplemental Non-cash

Leases - Supplemental Non-cash Information Related to Leases (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
ROU assets acquired in exchange for lease obligations:
ROU assets, Operating leases	$ 9
Lease obligations, Operating leases	$ 9

Leases - Supplemental Informati

Leases - Supplemental Information Related to Leases (Detail)	Jun. 30, 2019
Weighted Average Remaining Lease Term (years)
Operating leases	5 years 2 months 12 days
Financing leases	2 years 4 months 24 days
Weighted Average Discount Rate
Operating leases	8.40%
Financing leases	6.70%

Leases - Schedule of Annual Mat

Leases - Schedule of Annual Maturities of Lease Liabilities (Detail) $ in Millions	Jun. 30, 2019USD ($)
Operating Leases
2019	$ 29
2020	53
2021	45
2022	36
2023	25
2024 & thereafter	47
Total undiscounted lease payments	235
Imputed interest	(41)
Total lease liabilities	$ 194

Inventories - Components of the

Inventories - Components of the Company's Inventories (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Inventory Net [Abstract]
Raw materials and manufacturing supplies	$ 123	$ 119
Work in process	50	50
Finished goods	89	80
Last in, first out reserve	(49)	(52)
Total	$ 213	$ 197

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Company's Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Property Plant And Equipment [Abstract]
Land	$ 35	$ 43
Buildings	698	709
Machinery and equipment	3,592	3,759
Property, plant and equipment, gross	4,325	4,511
Less: Accumulated depreciation	(3,840)	(4,003)
Total	$ 485	$ 508

Property, Plant and Equipment_2

Property, Plant and Equipment - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Property Plant And Equipment [Line Items]
Depreciation expense	$ 24	$ 28	$ 48	$ 59
Prepaid expenses and other current assets
Property Plant And Equipment [Line Items]
Net book value of assets held for sale	$ 11		$ 11		$ 3

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Schedule of Changes in the Carrying Amount of Goodwill (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Goodwill [Line Items]
Goodwill gross	$ 992	$ 992
Accumulated impairment losses	(889)	(889)
Goodwill	103	103
Magazines, Catalogs and Logistics
Goodwill [Line Items]
Goodwill gross	523	523
Accumulated impairment losses	(502)	(502)
Goodwill	21	21
Book
Goodwill [Line Items]
Goodwill gross	354	354
Accumulated impairment losses	(303)	(303)
Goodwill	51	51
Office Products
Goodwill [Line Items]
Goodwill gross	110	110
Accumulated impairment losses	(79)	(79)
Goodwill	31	31
Other
Goodwill [Line Items]
Goodwill gross	5	5
Accumulated impairment losses	(5)	(5)
Goodwill	$ 0	$ 0

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Components of Other Intangible Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Schedule Of Other Intangible Assets [Line Items]
Gross Carrying Amount, amortizable intangible assets	$ 278		$ 277
Accumulated Amortization, amortizable intangible assets	(149)		(143)
Net Book Value, amortizable intangible assets	129		134
Gross Carrying Amount, total other intangible assets	279		299
Net Book Value, total other intangible assets	130		156
Trade Names
Schedule Of Other Intangible Assets [Line Items]
Net Book Value, indefinite-lived trade names	1		22
Customer Relationships
Schedule Of Other Intangible Assets [Line Items]
Gross Carrying Amount, amortizable intangible assets	248		268
Accumulated Amortization, amortizable intangible assets	(142)		(137)
Net Book Value, amortizable intangible assets	106		131
Trade Names
Schedule Of Other Intangible Assets [Line Items]
Gross Carrying Amount, amortizable intangible assets	30		9
Accumulated Amortization, amortizable intangible assets	(7)		(6)
Net Book Value, amortizable intangible assets	$ 23	$ 21	$ 3

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Narrative (Detail) - USD ($) $ in Millions	Jan. 01, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Schedule Of Other Intangible Assets [Line Items]
Definite-lived tradenames, net book value		$ 129		$ 129		$ 134
Amortization expense for other intangible assets		4	$ 4	9	$ 9
Customer Relationships
Schedule Of Other Intangible Assets [Line Items]
Impairment of definite-lived intangible assets		17
Definite-lived tradenames, net book value		106		106		131
Trade Names
Schedule Of Other Intangible Assets [Line Items]
Definite-lived tradenames, net book value	$ 21	$ 23		$ 23		$ 3
Definite-lived tradenames, useful life	15 years

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Schedule of Estimated Annual Amortization Expense Related to all Amortizable Intangible Assets (Detail) $ in Millions	Jun. 30, 2019USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2019	$ 18
2020	17
2021	15
2022	14
2023	13
2024 and thereafter	61
Total	$ 138

Restructuring, Impairment and_3

Restructuring, Impairment and Other Charges - Schedule of Net Restructuring, Impairment and Other Charges Disclosed in Consolidated Statements of Operations (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Restructuring Cost And Reserve [Line Items]
Employee Terminations	$ 0	$ 3	$ 5	$ 7
Other Restructuring Charges	6	7	12	10
Total Restructuring Charges	6	10	17	17
Impairment	17	0	19	(1)
Other Charges	1	1	1	1
Total	24	11	37	17
Magazines, Catalogs and Logistics
Restructuring Cost And Reserve [Line Items]
Impairment			2
Total Operating Segments | Magazines, Catalogs and Logistics
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	1	5	4
Other Restructuring Charges	3	5	7	7
Total Restructuring Charges	3	6	12	11
Impairment	17	0	19	(1)
Other Charges	0	0	0	0
Total	20	6	31	10
Total Operating Segments | Book
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	1	0	1
Other Restructuring Charges	0	1	1	2
Total Restructuring Charges	0	2	1	3
Impairment	0	0	0	0
Other Charges	1	1	1	1
Total	1	3	2	4
Total Operating Segments | Office Products
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	0	0	1
Other Restructuring Charges	1	1	1	1
Total Restructuring Charges	1	1	1	2
Impairment	0	0	0	0
Other Charges	0	0	0	0
Total	1	1	1	2
Total Operating Segments | Other
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	0	0	0
Other Restructuring Charges	0	0	0	0
Total Restructuring Charges	0	0	0	0
Impairment	0	0	0	0
Other Charges	0	0	0	0
Total	0	0	0	0
Corporate
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	1	0	1
Other Restructuring Charges	2	0	3	0
Total Restructuring Charges	2	1	3	1
Impairment	0	0	0	0
Other Charges	0	0	0	0
Total	$ 2	$ 1	$ 3	$ 1

Restructuring, Impairment and_4

Restructuring, Impairment and Other Charges - Narrative (Detail) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)Employee	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)EmployeeFacility	Jun. 30, 2018USD ($)EmployeeFacility
Restructuring Cost And Reserve [Line Items]
Other restructuring charges, net	$ 6	$ 7	$ 12	$ 10
Employee-related termination costs	0	3	$ 5	$ 7
Number of employees used to determine employee termination costs | Employee			234	304
Impairment charges related to machinery and equipment	17	$ 0	$ 19	$ (1)
Impairment charges			$ 19	$ 0
Customer Relationships
Restructuring Cost And Reserve [Line Items]
Impairment of definite-lived intangible assets	$ 17
Magazines, Catalogs and Logistics
Restructuring Cost And Reserve [Line Items]
Number of facilities closed | Facility			1	1
Impairment charges related to machinery and equipment			$ 2
Impairment charges			$ 0
Termination One
Restructuring Cost And Reserve [Line Items]
Number of employees who were terminated as of date | Employee	31		31

Restructuring, Impairment and_5

Restructuring, Impairment and Other Charges - Other Charges - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jan. 01, 2019	Dec. 31, 2018
Restructuring Cost And Reserve [Line Items]
Other charges	$ 1	$ 1	$ 1	$ 1
Accrued liabilities	188		188		$ 198	$ 199
Other noncurrent liabilities	51		51		$ 57	$ 61
Multiemployer pension plan withdrawal obligations
Restructuring Cost And Reserve [Line Items]
Other charges	1	$ 1	1	$ 1
Accrued liabilities	3		3
Other noncurrent liabilities	$ 18		$ 18

Restructuring, Impairment and_6

Restructuring, Impairment and Other Charges - Schedule of Changes in the Restructuring Reserve (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	$ 41
Restructuring Charges	17
Other	0
Cash Paid	(15)
Balance at the end	43
Employee terminations
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	8
Restructuring Charges	5
Other	0
Cash Paid	(3)
Balance at the end	10
Other
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	1
Restructuring Charges	11
Other	0
Cash Paid	(9)
Balance at the end	3
Multiemployer pension plan withdrawal obligations
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	32
Restructuring Charges	1
Other	0
Cash Paid	(3)
Balance at the end	$ 30

Restructuring, Impairment and_7

Restructuring, Impairment and Other Charges - Restructuring Reserve - Narrative (Detail) $ in Millions	Jun. 30, 2019USD ($)
Restructuring And Related Activities [Abstract]
Current restructuring reserve	$ 19
Noncurrent restructuring reserve	$ 24

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Detail)	Jun. 30, 2019Facility
Commitments And Contingencies Disclosure [Abstract]
Number of sites cited as potentially responsible party	10
Number of previously and currently owned sites with potential remediation obligations	2

Debt - Schedule of the Company'

Debt - Schedule of the Company's Debt (Detail) - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2016
Debt Instrument [Line Items]
Finance lease and other obligations		$ 2	$ 4
Unamortized debt issuance costs		(10)	(11)
Total debt		831	767
Less: current portion		(192)	(108)
Long-term debt		639	659
Borrowings under the Revolving Credit Facility
Debt Instrument [Line Items]
Term Loan Facility		150	64
Term Loan Facility due September 30, 2022
Debt Instrument [Line Items]
Term Loan Facility	[1]	239	260
8.75% Senior Secured Notes due October 15, 2023
Debt Instrument [Line Items]
Senior Secured Notes		$ 450	$ 450	$ 450
[1]	The borrowings under the Term Loan Facility are subject to a variable interest rate.  As of June 30, 2019 and December 31, 2018, the interest rate was 7.87% and 8.02%, respectively.

Debt - Schedule of the Compan_2

Debt - Schedule of the Company's Debt (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Term Loan Facility due September 30, 2022
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 30, 2022
Debt instrument, variable interest rate	7.87%	8.02%
8.75% Senior Secured Notes due October 15, 2023
Debt Instrument [Line Items]
Debt instrument, interest rate	8.75%
Debt instrument, maturity date	Oct. 15, 2023

Debt - Narrative (Detail)

Debt - Narrative (Detail) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Aug. 05, 2019	Dec. 31, 2018	Sep. 30, 2016
Debt Instrument [Line Items]
Amount of difference between fair value and book value		$ 21,000,000		$ 21,000,000			$ 22,000,000
Weighted average interest rate on borrowings				5.76%
Net interest expense		19,000,000	$ 18,000,000	$ 38,000,000	$ 38,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility borrowings		150,000,000		150,000,000			64,000,000
Credit Agreements | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, principal amount		400,000,000		400,000,000				$ 400,000,000
Allowable annual dividend payment under credit agreement		50,000,000		50,000,000
Scenario, Forecast | Amended Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, principal amount						$ 300,000,000
Senior Secured Notes
Debt Instrument [Line Items]
Senior secured notes		450,000,000		450,000,000			450,000,000	450,000,000
Term Loan Facility due September 30, 2022
Debt Instrument [Line Items]
Credit facility borrowings	[1]	$ 239,000,000		$ 239,000,000			$ 260,000,000
Term Loan Facility due September 30, 2022 | Credit Agreements
Debt Instrument [Line Items]
Debt instrument, principal amount								$ 375,000,000
[1]	The borrowings under the Term Loan Facility are subject to a variable interest rate.  As of June 30, 2019 and December 31, 2018, the interest rate was 7.87% and 8.02%, respectively.

Debt - Summary of Changes to In

Debt - Summary of Changes to Interest Coverage Ratio and Maximum Consolidated Leverage Ratio (Detail) - Amended Credit Agreement	Aug. 05, 2019	Jun. 30, 2019	Dec. 20, 2018
Debt Instrument [Line Items]
Step-down as of date (quarter ending on or after)		Mar. 31, 2019	Mar. 31, 2020
Step-up as of date (quarter ending on or after)		Mar. 31, 2019	Mar. 31, 2020
Scenario, Forecast | Covenant One
Debt Instrument [Line Items]
Step-down as of date (quarter ending on or after)	Jun. 30, 2020
Step-up as of date (quarter ending on or after)	Sep. 30, 2020
Scenario, Forecast | Covenant Two
Debt Instrument [Line Items]
Step-down as of date (quarter ending on or after)	Mar. 31, 2021
Step-up as of date (quarter ending on or after)	Jun. 30, 2021
Current Ratio | Minimum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio		3.25	3.25
Minimum Interest Coverage Ratio		3.25	3.25
Current Ratio | Maximum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio		1	1
Minimum Interest Coverage Ratio		1	1
Current Ratio | Scenario, Forecast | Minimum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	3.75
Minimum Interest Coverage Ratio	2.50
Current Ratio | Scenario, Forecast | Maximum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	1
Minimum Interest Coverage Ratio	1
Step-Down Ratio | Minimum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio		3	3
Step-Down Ratio | Maximum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio		1	1
Step-Down Ratio | Scenario, Forecast | Minimum | Covenant One
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	3.50
Step-Down Ratio | Scenario, Forecast | Minimum | Covenant Two
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	3.25
Step-Down Ratio | Scenario, Forecast | Maximum | Covenant One
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	1
Step-Down Ratio | Scenario, Forecast | Maximum | Covenant Two
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	1
Step-Up Ratio | Minimum
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio		3.50	3.50
Step-Up Ratio | Maximum
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio		1	1
Step-Up Ratio | Scenario, Forecast | Minimum | Covenant One
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	2.75
Step-Up Ratio | Scenario, Forecast | Minimum | Covenant Two
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	3
Step-Up Ratio | Scenario, Forecast | Maximum | Covenant One
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	1
Step-Up Ratio | Scenario, Forecast | Maximum | Covenant Two
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	1

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Detail) - USD ($) $ in Millions	May 31, 2018	Jun. 30, 2018	Jun. 30, 2019
Earnings Per Share [Abstract]
Repurchase of common stock, shares	1,600,000		0
Total repurchase cost	$ 20	$ 20

Earnings Per Share - Calculatio

Earnings Per Share - Calculation of Basic and Diluted EPS as Well as Reconciliation of Basic Shares to Diluted Shares (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Net (loss) income per common share:
Basic	$ (0.69)		$ 0.24		$ (4.48)	$ (0.09)
Diluted	$ (0.69)		$ 0.23		$ (4.48)	$ (0.09)
Numerator:
Net (loss) income	$ (24)	$ (126)	$ 8	$ (11)	$ (150)	$ (3)
Denominator:
Weighted average number of common shares outstanding	33.5		34		33.4	34.3
Dilutive options and awards	0		0.3		0	0
Diluted weighted average number of common shares outstanding	33.5		34.3		33.4	34.3
Restricted Stock Units
Weighted-average number of anti-dilutive share-based awards:
Weighted average number of anti-dilutive share-based awards	0		0.5		0	0
Options
Weighted-average number of anti-dilutive share-based awards:
Weighted average number of anti-dilutive share-based awards	0		0.2		0	0

Retirement Plans - Components o

Retirement Plans - Components of Estimated Net Pension (Income) Loss (Detail) - Pension Benefits - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 19	$ 22	$ 40	$ 44
Expected return on plan assets	(30)	(39)	(63)	(78)
Amortization of actuarial loss	2	5	5	10
Settlement of retirement obligations	1		136
Net periodic benefit (income) loss	(8)	(12)	118	(24)
Qualified
Defined Benefit Plan Disclosure [Line Items]
Interest cost	18	21	38	42
Expected return on plan assets	(30)	(39)	(63)	(78)
Amortization of actuarial loss	2	5	5	10
Settlement of retirement obligations	1		136
Net periodic benefit (income) loss	(9)	(13)	116	(26)
Non-Qualified & International
Defined Benefit Plan Disclosure [Line Items]
Interest cost	1	1	2	2
Expected return on plan assets	0	0	0	0
Amortization of actuarial loss	0	0	0	0
Settlement of retirement obligations	0		0
Net periodic benefit (income) loss	$ 1	$ 1	$ 2	$ 2

Retirement Plans - Narrative (D

Retirement Plans - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2019	Mar. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Reduction in pension obligation under the annuity contract		$ 477
Reduction in net benefit plan asset		466
Pension non-cash settlement expense		$ 135
U.S. Qualified Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Pension non-cash settlement expense	$ 1
Long-term rate of return at the time of settlement		6.50%
Discount rate at the time of settlement		4.30%
Decrease in discount rate at the time settlement		0.010

Comprehensive Income - Schedule

Comprehensive Income - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Accumulated Other Comprehensive Income Loss [Line Items]
Balance	$ 153	$ 178	$ 248	$ 178	$ 248
Balance	126	153	247	126	221
Pension Plan Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Balance		(529)	(428)	(529)	(428)
Other comprehensive income before reclassifications		105		106	0
Amounts reclassified from accumulated other comprehensive loss				4	8
Reclassification to accumulated deficit					(97)
Net change in accumulated other comprehensive loss				110	(89)
Balance	(419)			(419)	(517)
Translation Adjustments
Accumulated Other Comprehensive Income Loss [Line Items]
Balance		(55)	(48)	(55)	(48)
Other comprehensive income before reclassifications	1			2	(9)
Amounts reclassified from accumulated other comprehensive loss				0	0
Reclassification to accumulated deficit					0
Net change in accumulated other comprehensive loss				2	(9)
Balance	(53)			(53)	(57)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Balance	(476)	(584)	(476)	(584)	(476)
Other comprehensive income before reclassifications	106			108	(9)
Amounts reclassified from accumulated other comprehensive loss				4	8
Reclassification to accumulated deficit					(97)
Net change in accumulated other comprehensive loss				112	(98)
Balance	$ (472)	$ (476)	$ (564)	$ (472)	$ (574)

Comprehensive Income - Addition

Comprehensive Income - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
ASU 2018-02
Accumulated Other Comprehensive Income Loss [Line Items]
Cummulative effect on equity or net asset upon adoption of accounting standard			$ 97
Pension Plan Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Net impact to accumulated other comprehensive loss		$ 105		$ 106	$ 0
Cummulative effect on equity or net asset upon adoption of accounting standard					97
Translation Adjustments
Accumulated Other Comprehensive Income Loss [Line Items]
Net impact to accumulated other comprehensive loss	$ 1			2	(9)
Cummulative effect on equity or net asset upon adoption of accounting standard					0
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Net impact to accumulated other comprehensive loss	$ 106			$ 108	(9)
Cummulative effect on equity or net asset upon adoption of accounting standard					$ 97

Comprehensive Income - Schedu_2

Comprehensive Income - Schedule of Reclassifications From Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Amortization of Pension Plan Cost: Net Actuarial Loss
Reclassification from Accumulated Other Comprehensive Loss
Reclassifications before tax	[1]	$ 2	$ 5	$ 5	$ 10
Accumulated Defined Benefit Plans Adjustment
Reclassification from Accumulated Other Comprehensive Loss
Reclassifications before tax		2	5	5	10
Income tax expense		0	1	1	2
Reclassifications, net of tax		$ 2	$ 4	$ 4	$ 8
[1]	Amortization of pension plan cost is included in the calculation of net periodic pension plan (income) expense that is recognized in investment and other income-net in the condensed consolidated statements of operations (see Note 12, Retirement Plans

Segment Information - Narrative

Segment Information - Narrative (Detail)	6 Months Ended
	Jun. 30, 2019SegmentCategory
Magazines, Catalogs and Logistics
Segment Reporting Information [Line Items]
Number of reporting units | Segment	2
Office Products
Segment Reporting Information [Line Items]
Number of core product categories | Category	5

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Net Sales	$ 869	$ 943	$ 1,714	$ 1,872
Income (Loss) from Operations	(16)	18	(35)	12
Assets of Operations	1,879	1,921	1,879	1,921
Depreciation and Amortization	31	34	62	72
Capital Expenditures	21	17	49	37
Other
Segment Reporting Information [Line Items]
Net Sales	61	122	124	252
Income (Loss) from Operations	8	7	12	14
Assets of Operations	77	195	77	195
Depreciation and Amortization	1	2	2	6
Capital Expenditures	0	1	1	2
Total Operating Segments
Segment Reporting Information [Line Items]
Net Sales	808	821	1,590	1,620
Income (Loss) from Operations	(11)	26	(21)	23
Assets of Operations	1,710	1,655	1,710	1,655
Depreciation and Amortization	29	31	59	65
Capital Expenditures	20	15	47	33
Total Operating Segments | Magazines, Catalogs and Logistics
Segment Reporting Information [Line Items]
Net Sales	380	401	783	828
Income (Loss) from Operations	(42)	(6)	(73)	(20)
Assets of Operations	734	690	734	690
Depreciation and Amortization	13	15	28	31
Capital Expenditures	12	5	22	14
Total Operating Segments | Book
Segment Reporting Information [Line Items]
Net Sales	289	266	549	515
Income (Loss) from Operations	18	19	31	28
Assets of Operations	637	598	637	598
Depreciation and Amortization	13	13	25	27
Capital Expenditures	7	9	24	18
Total Operating Segments | Office Products
Segment Reporting Information [Line Items]
Net Sales	139	154	258	277
Income (Loss) from Operations	13	13	21	15
Assets of Operations	339	367	339	367
Depreciation and Amortization	3	3	6	7
Capital Expenditures	1	1	1	1
Corporate
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Income (Loss) from Operations	(13)	(15)	(26)	(25)
Assets of Operations	92	71	92	71
Depreciation and Amortization	1	1	1	1
Capital Expenditures	$ 1	$ 1	$ 1	$ 2

Subsequent Events - Narrative (

Subsequent Events - Narrative (Detail) $ in Millions	Aug. 07, 2019USD ($)
Subsequent Event | Torrance, California
Subsequent Event [Line Items]
Expected net proceeds receivable from sale of land and building	$ 35