LSC Communications (LKSDQ) 10-Q 6 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 01, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
No Trading Symbol Flag	true
Entity Registrant Name	LSC Communications, Inc.
Entity Central Index Key	0001669812
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		33,586,062
Entity File Number	001-37729
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-4829580
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
Document Quarterly Report	true
Document Transition Report	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019	[1]
ASSETS
Cash and cash equivalents	$ 56	$ 105
Receivables
Amortized cost	471	484
Less: Allowance for credit losses	(13)	(12)
Receivables, net	458	472
Inventories (Note 4)	156	170
Income tax receivable	5	5
Prepaid expenses and other current assets	52	36
Total current assets	727	788
Property, plant and equipment-net (Note 5)	424	440
Goodwill (Note 6)	52	52
Other intangible assets-net (Note 6)	116	120
Right-of-use assets for operating leases	155	163
Deferred income taxes	7	9
Other noncurrent assets	74	77
Total assets	1,555	1,649
LIABILITIES
Accounts payable	151	175
Accrued liabilities	224	211
Short-term debt and current portion of long-term debt (Note 9)	911	465
Short-term operating lease liabilities	40	42
Total current liabilities	1,326	893
Long-term debt (Note 9)	0	445
Pension liabilities	141	156
Restructuring and multi-employer pension liabilities (Note 7)	41	42
Long-term operating lease liabilities	123	129
Other noncurrent liabilities	55	56
Total liabilities	1,686	1,721
Commitments and contingencies (Note 8)
EQUITY
Common stock, $0.01 par value Authorized: 65,000,000 Issued: 35,719,936 shares in 2020 (2019: 35,559,052)	0	0
Additional paid-in capital	836	835
Accumulated deficit	(417)	(365)
Accumulated other comprehensive loss (Note 13)	(525)	(517)
Treasury stock, at cost: 2,133,874 shares in 2020 (2019: 2,084,055)	(25)	(25)
Total equity	(131)	(72)
Total liabilities and equity	$ 1,555	$ 1,649
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, Authorized	65,000,000	65,000,000
Common stock, Issued	35,719,936	35,559,052
Treasury stock, shares	2,133,874	2,084,055

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Net sales	$ 701	$ 845
Type of Revenue [Extensible List]	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember
Cost of sales	$ 616	$ 735
Type of Cost, Good or Service [Extensible List]	lksd:ProductAndServicesMember	lksd:ProductAndServicesMember
Selling, general and administrative expenses (exclusive of depreciation and amortization)	$ 75	$ 85
Restructuring, impairment and other charges-net (Note 7)	26	13
Depreciation and amortization	27	31	[1]
(Loss) from operations	(43)	(19)
Interest expense-net (Note 9)	18	19
Settlement of retirement benefit obligations (Note 11)	0	132
Investment and other (income)-net	(10)	(8)
(Loss) before income taxes	(51)	(162)
Income tax expense (benefit)	1	(37)
Net (loss)	$ (52)	$ (125)	[2]
Net (loss) per common share (Note 10)
Basic net (loss) per share	$ (1.56)	$ (3.77)	[2]
Diluted net (loss) per share	$ (1.56)	$ (3.77)	[2]
Weighted-average number of common shares outstanding:
Basic	33.6	33.3	[2]
Diluted	33.6	33.3	[2]
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation
[2]	Overview and Basis of Presentation

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net (loss)	$ (52)	$ (125)	[1]
Other comprehensive (loss) income, net of tax (Note 13):
Translation adjustments	(11)	1
Adjustment for net periodic pension plan cost	3	106
Other comprehensive (loss) income	(8)	107
Comprehensive (loss)	$ (60)	$ (18)
[1]	Overview and Basis of Presentation

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Adjustments for net pension plan cost, tax expense	$ 1	$ 36

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	[1]
Cash Flows from Operating Activities
Net (loss)	$ (52)	$ (125)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:
Impairment charges	1	2
Depreciation and amortization	27	31
Provision for doubtful accounts receivable	1	3
Share-based compensation	1	3
Deferred income taxes	0	(34)
Settlement of retirement benefit obligations	0	132
Other	2	1
Changes in operating assets and liabilities - net of acquisitions:
Accounts receivable-net	7	(2)
Inventories	11	(24)
Prepaid expenses and other current assets	(19)	3
Accounts payable	(23)	(33)
Income taxes receivable	0	(4)
Accrued liabilities and other	5	23
Net cash (used in) operating activities	(39)	(24)
Cash Flows from Investing Activities
Capital expenditures	(11)	(28)
Acquisitions of businesses, net of cash acquired	0	(3)
Net proceeds from sales and purchases of investments and other assets	2	0
Net cash (used in) investing activities	(9)	(31)
Cash Flows from Financing Activities
Payments of current maturities and long-term debt	0	(11)
Net proceeds from credit facility borrowings	0	67
Debt issuance costs	(1)	0
Dividends paid	0	(9)
Other financing activities	3	(1)
Net cash provided by financing activities	2	46
Effect of exchange rate on cash and cash equivalents	(2)	1
Net (decrease) in cash, cash equivalents and restricted cash	(48)	(8)
Cash, cash equivalents and restricted cash at beginning of year	106	24
Cash, cash equivalents and restricted cash at end of period	$ 58	$ 16
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Reconciliation to the Consolidated Balance Sheets
Cash and cash equivalents	$ 56	$ 105	[1]
Restricted cash included in prepaid expenses and other current assets	$ 2	$ 1
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	$ 58	$ 106
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) shares in Millions, $ in Millions	Total		Common Stock	Additional Paid-in Capital	Treasury Stock	(Accumulated Deficit)	Accumulated Other Comprehensive (Loss) Income
Balance at Dec. 31, 2018	$ 178		$ 0	$ 828	$ (24)	$ (51)	$ (575)
Balance (in shares) at Dec. 31, 2018			35		2
Net (loss)	(125)	[1]	$ 0	0	$ 0	(125)	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		0
Share-based compensation	3		$ 0	3	$ 0	0	0
Cash dividends paid	(9)		0	0	0	(9)	0
Other comprehensive income (loss)	107		0	0	0	0	107
Balance at Mar. 31, 2019	153		$ 0	831	$ (25)	(185)	(468)
Balance (in shares) at Mar. 31, 2019			36		2
Balance at Dec. 31, 2018	178		$ 0	828	$ (24)	(51)	(575)
Balance (in shares) at Dec. 31, 2018			35		2
Balance at Dec. 31, 2019	(72)	[2]	$ 0	835	$ (25)	(365)	(517)
Balance (in shares) at Dec. 31, 2019			36		2
Net (loss)	(52)		$ 0	0	$ 0	(52)	0
Share-based compensation	1		0	1	0	0	0
Other comprehensive income (loss)	(8)		0	0	0	0	(8)
Balance at Mar. 31, 2020	$ (131)		$ 0	$ 836	$ (25)	$ (417)	$ (525)
Balance (in shares) at Mar. 31, 2020			36		2
[1]	Overview and Basis of Presentation
[2]	As Adjusted, see Note 1, Overview and Basis of Presentation

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement Of Stockholders Equity [Abstract]
Dividends declared per common share	$ 0	$ 0.26

Overview and Basis of Presentat

Overview and Basis of Presentation	3 Months Ended
	Mar. 31, 2020
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. The Company prints magazines, catalogs, books and directories, and its office products offerings include filing products, envelopes, note-taking products, binder products, and forms. Voluntary Reorganization under Chapter 11 On April 13, 2020 (the “Petition Date”), the Company and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101-1532 (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) (collectively, the “Chapter 11 Cases”). The Chapter 11 Cases are being jointly administered under the caption In re LSC Communications, Inc. On April 15, 2020, the Bankruptcy Court entered orders granting interim approval of certain forms of relief that we requested, enabling us to conduct our business activities in the ordinary course, subject to the terms and conditions of such orders, including authorizing us to pay employee wages and benefits, to pay taxes and certain governmental fees and charges, to continue to operate our cash management system in the ordinary course, and to pay prepetition claims of certain of our vendors. For goods and services provided following the Petition Date, the Company expects to continue to pay vendors under normal terms. During the pendency of the Chapter 11 Cases, attempts to prosecute, collect, secure or enforce remedies with respect to prepetition claims against the debtors, including litigation relating to the entities involved in the Chapter 11 Cases, are subject to the automatic stay provisions of section 362(a) of the Bankruptcy Code, as modified or amended by the terms of any order entered in the Chapter 11 Cases. We have obtained debtor-in-possession financing of up to $100 million which, together with our normal operating cash flows, will provide liquidity for the Company to operate as usual and fulfill ongoing commitments to stakeholders during the pendency of the Chapter 11 Cases. Refer to Note 9, Debt Going Concern The accompanying condensed consolidated financial statements were prepared assuming that the Company will continue as a going concern and contemplate the continuity of our operations, realization of assets and satisfaction of liabilities and commitments in the normal course of business. Our ability to continue as a going concern is contingent upon our ability to comply with the covenants of the DIP Credit Agreement described in Note 9, Debt While operating as debtors-in-possession under Chapter 11, we may sell or otherwise dispose of or liquidate assets or settle liabilities, subject to the approval of the Bankruptcy Court or as otherwise permitted in the ordinary course of business (and subject to restrictions in our debt agreements), for amounts other than those reflected in the accompanying condensed consolidated financial statements. Further, the restructuring plan could materially change the amounts and classifications of assets and liabilities reported in the condensed consolidated financial statements. As a result of the factors noted above, we believe there is substantial doubt about the Company’s ability to continue as a going concern. The condensed consolidated financial statements included in this quarterly report on Form 10-Q do not include any adjustments related to the recoverability and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Coronavirus Pandemic (“COVID-19”) During and subsequent to the first quarter of 2020, the novel coronavirus strain, known as COVID-19, continues to spread across the globe at an increasing rate. Measures taken by governmental authorities and private actors to limit the spread of this virus may interfere with the ability of the Company's employees, suppliers, and other business providers to carry out their assigned tasks or supply materials at ordinary levels of performance relative to the conduct of the business which may cause a material curtailment to certain business operations. Moreover, as a large part of the Company's business involves sales of books and other products used in schools and school facilities, if COVID-19 related measures continue to result in widespread and lengthy school closings, the Company's consolidated results of operations and financial condition will be adversely impacted. Books sold in retail stores have also been adversely impacted as both large chains and independent stores have been forced to close. Additionally, as COVID-19 has significantly impacted retailers' stores, distribution centers and supply chains, the Company expects to experience an adverse impact on our catalogs and office products businesses. Disruption across many other industries has also significantly impacted demand for advertising, which is expected to result in page count and volume reductions in magazines. We continue to monitor the situation, to assess further possible implications to our business and customers, and to take actions in an effort to mitigate adverse consequences. The Company has expanded its work-from-home policy for its non-manufacturing employees, has focused on obtaining protective equipment and implementing social distancing and other policies for its manufacturing employees and continues to adhere to guidance issued by governmental authorities. The Company is unable to quantify the impact on our business at this time, but it could have a material adverse effect on our consolidated financial statements in the future. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law. Refer to Note 12, Taxes Basis of Presentation The condensed consolidated financial statements include the balance sheets and statements of operations, stockholders’ equity 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. As a result of the Company’s segment analysis in the fourth quarter of 2019, Mexico All prior year amounts have been reclassified to conform to the Company’s current reporting structure. Segment Information The Company adopted Accounting Standards Update No. 2016-13 retrospective adoption method. As a result of the adoption, the Company separately disclosed the amortized cost amount of total receivables separately from the allowance for credit losses in the condensed consolidated balance sheet. Refer to Note 2, Revenue Recognition , for more information Impact of Change in Accounting Principle Beginning in the first quarter of 2020, the Company changed the method of accounting for the market-related value of assets for a class of assets within the U.S. Qualified Plan and Non-Qualified plans. This class of assets is currently comprised of liability-hedging investments, which represents approximately 60% of the plans’ assets. Liability-hedging investments provide a natural hedge against the changes in the recorded amount of net periodic pension cost. Refer to Note 11, Retirement Plans 10-K for the fiscal year ended December 31, 2019 for disclosure by asset classifications. The previous method of accounting was to use the market-related value of assets for all the plans’ assets when recognizing changes in fair value of plan assets ratably over a five-year period. As a result of the change in method of accounting the Company will no longer use the market-related value of liability-hedging investments. Instead, the fair value of liability-hedging investments will be immediately included in the calculation of net periodic pension cost. This change in accounting method is preferable because it accelerates the recognition of the fair value for this class of assets into net income or loss. No change is being made to the accounting principle for the other classes of pension assets, which represent the remaining 40 % of the pension asset portfolio for the plan. The change in accounting principle requires retrospective application and prospective disclosure. Refer below for the restatements on previously issued financial statements. Retrospective application was applied to periods beginning in 2017 as it was determined not to be possible to go further than that date due to the Company’s separation in 2016 from its prior parent company. Prior to the separation in 2016, the U.S. Qualified and Non-Qualified pension plans were legally owned by the Company’s prior parent company. The cumulative effect of the change on accumulated deficit was an increase in deficit of $9 million as of January 1, 2019 and a $9 million decrease in accumulated other comprehensive loss, as shown in the condensed statement of stockholders’ equity. The historical statements of cash flows are also being retrospectively restated as changes in net (loss) income, expense related to settlement of retirement obligations and pension income flow through the operating activities section with an offsetting impact to the change in accrued liabilities and other. There is no net impact to cash flows provided by (used in) operating activities. The tables below represent the impact of the change in accounting principle on the condensed consolidated balance sheets and statement of stockholders’ equity for all periods since 2017: Previously Disclosed in Form 10-K As Reported with Change As of December 31, 2017 Impact of Change As of December 31, 2017 Equity (Accumulated deficit) $ (90 ) $ (7 ) $ (97 ) Accumulated other comprehensive loss (476 ) 7 (469 ) Previously Disclosed in Form 10-K As Reported with Change As of December 31, 2018 Impact of Change As of December 31, 2018 Equity (Accumulated deficit) $ (42 ) $ (9 ) $ (51 ) Accumulated other comprehensive loss (584 ) 9 (575 ) Previously Disclosed in Form 10-K As Reported with Change As of December 31, 2019 Impact of Change As of December 31, 2019 Equity (Accumulated deficit) $ (354 ) $ (11 ) $ (365 ) Accumulated other comprehensive loss (528 ) 11 (517 ) Previously Disclosed in Form 10-Q As Reported with Change As of March 31, 2019 Impact of Change As of March 31, 2019 Equity (Accumulated deficit) $ (177 ) $ (8 ) $ (185 ) Accumulated other comprehensive loss (476 ) 8 (468 ) Previously Disclosed in Form 10-Q As Reported with Change As of June 30, 2019 Impact of Change As of June 30, 2019 Equity (Accumulated deficit) $ (209 ) $ (9 ) $ (218 ) Accumulated other comprehensive loss (472 ) 9 (463 ) Previously Disclosed in Form 10-Q As Reported with Change As of September 30, 2019 Impact of Change As of September 30, 2019 Equity (Accumulated deficit) $ (185 ) $ (10 ) $ (195 ) Accumulated other comprehensive loss (472 ) 10 (462 ) The tables below represent the impact of the change in accounting principle on the condensed consolidated statements of operations and comprehensive income for all periods since 2017: Previously Disclosed in Form 10-K As Reported with Change Year Ended December 31, 2017 Impact of Change Year Ended December 31, 2017 Investment and other (income) expense $ (47 ) $ 10 $ (37 ) (Loss) before income taxes (44 ) (10 ) (54 ) Income tax expense (benefit) 13 (3 ) 10 Net (loss) (57 ) (7 ) (64 ) Basic net (loss) per share (1.69 ) (0.22 ) (1.91 ) Diluted net (loss) per share (1.69 ) (0.22 ) (1.91 ) Adjustment for net periodic pension plan cost 34 7 41 Other comprehensive income 55 7 62 Comprehensive (loss) (2 ) — (2 ) Previously Disclosed in Form 10-K As Reported with Change Year Ended December 31, 2018 Impact of Change Year Ended December 31, 2018 Investment and other (income) expense $ (48 ) $ 2 $ (46 ) Income (loss) before income taxes 10 (2 ) 8 Income tax expense 33 — 33 Net (loss) (23 ) (2 ) (25 ) Basic net (loss) per share (0.67 ) (0.04 ) (0.71 ) Diluted net (loss) per share (0.67 ) (0.04 ) (0.71 ) Adjustment for net periodic pension plan cost (4 ) 2 (2 ) Other comprehensive (loss) income (11 ) 2 (9 ) Comprehensive (loss) (34 ) — (34 ) Previously Disclosed in Form 10-K As Reported with Change Year Ended December 31, 2019 Impact of Change Year Ended December 31, 2019 Settlement of retirement benefit obligations $ 137 $ (3 ) $ 134 Investment and other (income) expense (37 ) 6 (31 ) (Loss) before income taxes (288 ) (3 ) (291 ) Income tax expense (benefit) 7 (1 ) 6 Net (loss) (295 ) (2 ) (297 ) Basic net (loss) per share (8.82 ) (0.07 ) (8.89 ) Diluted net (loss) per share (8.82 ) (0.07 ) (8.89 ) Adjustment for net periodic pension plan cost 54 2 56 Other comprehensive income 56 2 58 Comprehensive (loss) (239 ) — (239 ) Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended March 31, 2019 Impact of Change Three Months Ended March 31, 2019 Settlement of retirement benefit obligations $ 135 $ (3 ) $ 132 Investment and other (income) expense (10 ) 2 (8 ) (Loss) income before income taxes (163 ) 1 (162 ) Income tax (benefit) (37 ) — (37 ) Net (loss) income (126 ) 1 (125 ) Basic net (loss) income per share (3.79 ) 0.02 (3.77 ) Diluted net (loss) income per share (3.79 ) 0.02 (3.77 ) Adjustment for net periodic pension plan cost 107 (1 ) 106 Other comprehensive income (loss) 108 (1 ) 107 Comprehensive (loss) (18 ) — (18 ) Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended June 30, 2019 Impact of Change Three Months Ended June 30, 2019 Settlement of retirement benefit obligations $ 1 $ — $ 1 Investment and other (income) expense (9 ) 1 (8 ) (Loss) before income taxes (27 ) (1 ) (28 ) Income tax (benefit) (3 ) — (3 ) Net (loss) (24 ) (1 ) (25 ) Basic net (loss) per share (0.69 ) (0.03 ) (0.72 ) Diluted net (loss) per share (0.69 ) (0.03 ) (0.72 ) Adjustment for net periodic pension plan cost 3 1 4 Other comprehensive income 4 1 5 Comprehensive (loss) (20 ) — (20 ) Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended September 30, 2019 Impact of Change Three Months Ended September 30, 2019 Settlement of retirement benefit obligations $ 1 — $ 1 Investment and other (income) expense (9 ) 1 (8 ) Income (loss) before income taxes 24 (1 ) 23 Income tax expense — — — Net income (loss) 24 (1 ) 23 Basic net income (loss) per share 0.69 (0.03 ) 0.66 Diluted net income (loss) per share 0.69 (0.03 ) 0.66 Adjustment for net periodic pension plan cost 2 1 3 Other comprehensive income — 1 1 Comprehensive income 24 — 24 Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended December 31, 2019 Impact of Change Three Months Ended December 31, 2019 Settlement of retirement benefit obligations $ — $ — $ — Investment and other (income) expense (9 ) 2 (7 ) (Loss) before income taxes (122 ) (2 ) (124 ) Income tax expense (benefit) 47 (1 ) 46 Net (loss) (169 ) (1 ) (170 ) Basic net (loss) per share (5.02 ) (0.03 ) (5.05 ) Diluted net (loss) per share (5.02 ) (0.03 ) (5.05 ) The tables below represent the impact of the change in accounting principle on the condensed consolidated balance sheet as of March 31, 2020 and the statements of operations and comprehensive income for the three months ended March 31, 2020: Previous Accounting Method As Reported March 31, 2020 Impact of Change March 31, 2020 Equity (Accumulated deficit) $ (408 ) $ (9 ) $ (417 ) Accumulated other comprehensive loss (income) (535 ) 10 (525 ) Pension liabilities 142 (1 ) 141 Previous Accounting Method As Reported March 31, 2020 Impact of Change March 31, 2020 Investment and other (income) $ (8 ) $ (2 ) $ (10 ) (Loss) income before income taxes (53 ) 2 (51 ) Income tax expense 1 — 1 Net (loss) income (54 ) 2 (52 ) Basic net (loss) income per share (1.61 ) 0.05 (1.56 ) Diluted net (loss) income per share (1.61 ) 0.05 (1.56 ) Adjustment for net periodic pension plan cost 4 (1 ) 3 Other comprehensive (loss) (7 ) (1 ) (8 ) Comprehensive (loss) income (61 ) 1 (60 )

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2020
Revenue From Contract With Customer [Abstract]
Revenue Recognition	Note 2. 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 months ended March 31, 2020 and 2019. Three Months Ended March 31, 2020 Magazines, Catalogs and Office Logistics Book Products Mexico Other Total Major Products / Service Lines Book (a) $ — $ 204 $ — $ — $ — $ 204 Magazines and Catalogs (b) $ 250 $ — $ — $ 23 $ 21 $ 294 Logistics $ 77 $ — $ — $ — $ — $ 77 Directories $ — $ — $ — $ — $ 14 $ 14 Office Products $ — $ — $ 112 $ — $ — $ 112 Total $ 327 $ 204 $ 112 $ 23 $ 35 $ 701 Timing of Revenue Recognition Products and services transferred at a point in time $ 225 $ 172 $ 112 $ 23 $ 14 $ 546 Products and services transferred over time 102 32 — — 21 155 Total $ 327 $ 204 $ 112 $ 23 $ 35 $ 701 Three Months Ended March 31, 2019 Magazines, Catalogs and Office Logistics Book Products Mexico Other Total Major Products / Service Lines Book (a) $ — $ 260 $ — $ — $ — $ 260 Magazines and Catalogs (b) $ 319 $ — $ — $ 24 $ 20 $ 363 Logistics $ 84 $ — $ — $ — $ — $ 84 Directories $ — $ — $ — $ — $ 19 $ 19 Office Products $ — $ — $ 119 $ — $ — $ 119 Total $ 403 $ 260 $ 119 $ 24 $ 39 $ 845 Timing of Revenue Recognition Products and services transferred at a point in time $ 288 $ 228 $ 119 $ 24 $ 19 $ 678 Products and services transferred over time 115 32 — — 20 167 Total $ 403 $ 260 $ 119 $ 24 $ 39 $ 845 (a) Includes e-book formatting and supply chain management associated with book production (b) Includes premedia and co-mail Accounts Receivable As disclosed in Note 1, Overview and Basis of Presentation retrospective adoption method. As a result of the adoption, the Company now records an allowance for credit losses on unbilled receivables which resulted in a de minimis amount of expense for the three months ended March 31, 2020. There were no changes to the Company’s policy relating to its receivables. To recognize the initial adoption, the Company recorded a de minimis increase to its January 1, 2020 balance for allowance for credit losses and an offsetting impact to accumulated deficit in the condensed consolidated balance sheet. Transactions affecting the allowances for doubtful accounts receivable balance during the three months ended March 31, 2020 were as follows: Three Months Ended March 31, 2020 Balance, beginning of year $ 12 Provisions charged to expense 1 Balance, end of period $ 13 There was a de minimis amount of write-offs and recoveries during the three months ended March 31, 2020. Contract Balances The following table provides changes in contract assets and liabilities during the three months ended March 31, 2020: Short-Term Contract Assets Long-Term Contract Assets Contract Liabilities Beginning Balance, January 1, 2020 $ 40 $ 14 $ 17 Additions to unbilled accounts receivable 17 — — Unbilled accounts receivable recognized in trade receivables (28 ) — — Payment of contract acquisition costs — — — Amortization of contract acquisition costs — (3 ) — Write-off due to termination of contract acquisition costs — — — Revenue recognized that was included in contract liabilities as of January 1, 2020 — — (12 ) Increases due to cash received — — 11 Ending Balance, March 31, 2020 $ 29 $ 11 $ 16 The trade receivables balance was $371 million and $366 million as of March 31, 2020 and December 31, 2019, respectively. There was a de minimis amount of credit losses recognized on short-term contract assets recorded during the three months ended March 31, 2020.

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases	Note 3. Leases Lease Expense The components of total net lease expense were as follows: Three Months Ended Three Months Ended March 31, 2020 March 31, 2019 Operating lease expense $ 17 $ 17 Sublease (income) (2 ) (2 ) Variable lease expense 2 3 Total net lease expense $ 17 $ 18 During each of the three months ended March 31, 2020 and 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. Cash Flow Information Supplemental non-cash information related to leases is included below: Three Months Ended Three Months Ended March 31, 2020 March 31, 2019 ROU assets acquired in exchange for lease obligations: ROU assets Operating leases $ 4 $ 2 Lease obligations Operating leases $ 4 $ 2 During the three months ended March 31, 2020 and 2019, the Company recorded $14 million and $16 million of operating cash outflows from operating leases, respectively. During each of the three months ended March 31, 2020 and 2019, the Company recorded a de minimis amount of cash outflows from financing leases. No finance lease ROU assets or obligations were acquired during the three months ended March 31, 2020 and 2019. Lease Terms and Discount Rates Supplemental information regarding the weighted average lease term and discount rate for the lease liabilities as of March 31, 2020 is included below: March 31, 2020 Weighted Average Remaining Lease Term (years) Operating leases 4.9 Financing leases 2.0 Weighted Average Discount Rate Operating leases 8.7 % Financing leases 6.9 % Lease Maturities The annual maturities of lease liabilities as of March 31, 2020 were as follows: Operating Leases 2020 $ 39 2021 45 2022 34 2023 24 2024 19 2025 & thereafter 28 Total undiscounted lease payments 189 Imputed interest (26 ) Total lease liabilities $ 163 During the three months ended March 31, 2020, the Company recorded a de minimis amount of maturities for finance lease liabilities. As of March 31, 2020, the Company has additional operating leases that have not commenced for an undiscounted amount of $1 million.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2020
Inventory Disclosure [Abstract]
Inventories	Note 4. Inventories The components of the Company’s inventories, net of excess and obsolescence reserves for raw materials and finished goods, at March 31, 2020 and December 31, 2019 were as follows: March 31, December 31, 2020 2019 Raw materials and manufacturing supplies $ 70 $ 91 Work in process 38 38 Finished goods 89 87 Last in, first out reserve (41 ) (46 ) Total $ 156 $ 170

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Mar. 31, 2020
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	Note 5. Property, Plant and Equipment The components of the Company’s property, plant and equipment at March 31, 2020 and December 31, 2019 were as follows: March 31, December 31, 2020 2019 Land $ 34 $ 35 Buildings 662 663 Machinery and equipment 2,989 3,006 3,685 3,704 Less: Accumulated depreciation (3,261 ) (3,264 ) Total $ 424 $ 440 During the three months ended March 31, 2020 and 2019, depreciation expense was $21 million and $24 million, respectively. Refer to Note 8, 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 $6 million and $9 million at March 31, 2020 and December 31, 2019, respectively. These assets are 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	3 Months Ended
	Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 6. Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill for the three months ended March 31, 2020 were as follows: Magazines, Catalogs Office and Logistics Book Products Mexico Other Total Net book value as of December 31, 2019 Goodwill $ 523 $ 354 $ 110 $ — $ 5 $ 992 Accumulated impairment losses (502 ) (354 ) (79 ) — (5 ) (940 ) Total 21 — 31 — — 52 Net book value as of March 31, 2020 Goodwill 523 354 110 — 5 992 Accumulated impairment losses (502 ) (354 ) (79 ) — (5 ) (940 ) Total $ 21 $ — $ 31 $ — $ — $ 52 The components of other intangible assets at March 31, 2020 and December 31, 2019 were as follows: March 31, 2020 December 31, 2019 Gross Carrying Accumulated Net Book Gross Carrying Accumulated Net Book Amount Amortization Value Amount Amortization Value Customer relationships $ 248 $ (153 ) $ 95 $ 248 $ (149 ) $ 99 Trade names 29 (8 ) 21 29 (8 ) 21 Total other intangible assets $ 277 $ (161 ) $ 116 $ 277 $ (157 ) $ 120 During the three months ended March 31, 2020 and 2019, amortization expense for other intangible assets was $4 million and $5 million, respectively. The following table outlines the estimated annual amortization expense related to all amortizable intangible assets: For the year ending December 31, Amount 2020 $ 17 2021 15 2022 14 2023 13 2024 13 2025 and thereafter 48 Total $ 120 Refer to Note 7, Restructuring, Impairment and Other Charges

Restructuring, Impairment and O

Restructuring, Impairment and Other Charges	3 Months Ended
	Mar. 31, 2020
Restructuring And Related Activities [Abstract]
Restructuring, Impairment and Other Charges	Note 7. Restructuring, Impairment and Other Charges For the three months ended March 31, 2020 and 2019, the Company recorded the following net restructuring, impairment and other charges disclosed in the condensed consolidated statements of operations: Other Total Three Months Ended Employee Restructuring Restructuring Other March 31, 2020 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ — $ 10 $ 10 $ 1 $ — $ 11 Book 1 2 3 — — 3 Office Products 2 — 2 — — 2 Mexico — — — — — — Other — — — — — — Corporate — 10 10 — — 10 Total $ 3 $ 22 $ 25 $ 1 $ — $ 26 Other Total Three Months Ended Employee Restructuring Restructuring Other March 31, 2019 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 5 $ 4 $ 9 $ 2 $ — $ 11 Book — 1 1 — — 1 Office Products — — — — — — Mexico — — — — — — Other — — — — — — Corporate — 1 1 — — 1 Total $ 5 $ 6 $ 11 $ 2 $ — $ 13 Restructuring Charges For the three months ended March 31, 2020, the Company incurred net other restructuring charges of $22 million, primarily due to facility costs and costs to move equipment, expenses associated with new revenue opportunities, and cost savings initiatives implemented in 2019. For the three months ended March 31, 2020, the Company incurred charges of $3 million for an aggregate of 397 employees, of whom 197 were terminated as of or prior to March 31, 2020, primarily related to the closure of one facility in the Office Products segment. For the three months ended March 31, 2019, the Company incurred charges of $5 million for an aggregate of 240 employees, primarily related to the closure of one facility in the Magazines, Catalogs and Logistics segment. The Company incurred net other restructuring charges of $6 million for the three months ended March 31, 2019 primarily due to charges related to facility costs, Impairment Reviews 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. Goodwill Due the potential impact of COVID-19 on the company’s future performance, management determined that a further review of the reporting units’ goodwill for indicators of impairment was appropriate. As discussed in Note 1, Overview and Basis of Presentation For the Office Products and logistics reporting units, management assessed goodwill impairment risk by first performing a qualitative review of entity specific, industry, market and general economic factors for each reporting unit. For both reporting units, the Company was not able to conclude that it is more likely than not that the fair values of our reporting units are greater than their carrying values, and therefore, a one-step method for determining goodwill impairment was applied as of March 31, 2020. The Company performed a Step 1 impairment test of goodwill in accordance with Accounting Standards Codification (“ASC”) 350, Intangibles-Goodwill and Other, which includes comparing the estimated fair value of each reporting unit to its carrying amount, including goodwill. If the carrying amount of a reporting unit is greater than zero and its fair value exceeds its carrying amount, goodwill of the reporting unit is considered not impaired. However, if the carrying amount of a reporting unit exceeds its fair value, the goodwill is considered impaired and a full or partial write-off of goodwill would be required. The Company determines the fair value of its reporting units using both the income approach and the market approach. The determination of the fair value using the income approach requires management to make significant estimates and assumptions related to projected operating results (including forecasted revenue and operating income), anticipated future cash flows, and discount rates. The determination of the fair value using the market approach requires management to make significant assumptions related to the multiples of earnings before interest, income taxes, depreciation and amortization (“EBITDA”) used in the calculation. Additionally, the market approach estimates fair value using comparable marketplace fair value data from within a comparable industry grouping. The Company weighs both the income and market approach equally to estimate the concluded fair value of each reporting unit. The determination of fair value and the allocation of that value to individual assets and liabilities requires the Company to make significant estimates and assumptions. These estimates and assumptions primarily include, but are not limited to: the selection of appropriate peer group companies; control premiums appropriate for acquisitions in the industries in which the Company competes; the discount rate; terminal growth rates; and forecasts of revenue, operating income, depreciation and amortization, restructuring charges and capital expenditures. As part of its impairment test for its reporting units, the Company engages a third-party valuation firm to assist in the Company’s determination of certain assumptions used to estimate fair values. As a result of the interim impairment tests Office Products and logistics, the Company did not recognize any goodwill impairment charges as the estimated fair values of the reporting units exceeded their respective carrying values by 10% and 32%, respectively. Other Intangible Assets and Property, Plant and Equipment Given the continued decline in demand in the magazines and catalogs reporting unit and the potential impact of COVID-19, management determined that a further review of the reporting unit’s property, plant and equipment and right-of-use assets for operating leases for recoverability was appropriate during the first quarter of 2020. The Company performed a Step 1 recoverability test in accordance with Accounting Standards Codification (“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. Based upon management’s updated projection of cash flows for this asset group, management determined that the estimated future undiscounted cash flows were in excess of the asset group’s carrying value, resulting in no impairment loss as a result of these tests in the first quarter of 2020. In addition to the interim tests noted above, the Company reviewed the Office Products’ intangible assets and Books’ intangible assets and property, plant and equipment for recoverability. There were no impairment charges recorded as a result of the recoverability tests . Future Interim Reviews 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, 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 months ended March 31, 2020 and 2019, the Company recorded de minimis amount 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 $17 million in restructuring and multiemployer pension plan liabilities at March 31, 2020. 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 or the Company 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, 2019 and March 31, 2020, and changes during the three months ended March 31, 2020 were as follows: December 31, Restructuring Cash March 31, 2019 Charges Paid 2020 Employee terminations $ 29 $ 3 $ (5 ) $ 27 Multiemployer pension plan withdrawal obligations 31 1 (2 ) 30 Other and lease termination 2 19 (13 ) 8 Total $ 62 $ 23 $ (20 ) $ 65 The current portion of restructuring reserves of $41 million at March 31, 2020 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 March 31, 2020. The Company anticipates that payments associated with the employee terminations reflected in the above table will be substantially completed by March 31, 2021. 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 and c osts associated with new revenue opportunities and cost savings initiatives implemented in 2019.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8. 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 nine active federal and state Superfund and other multiparty remediation sites. In addition to these sites, the Company may also have the obligation to remediate three 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 consolidated balance sheets, statements of operations and cash flows.

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Debt	Note 9. Debt The Company’s debt at March 31, 2020 and December 31, 2019 consisted of the following: March 31, December 31, 2020 2019 Borrowings under the Revolving Credit Facility $ 249 $ 249 Term Loan Facility due September 30, 2022 (a) 219 218 8.75% Senior Secured Notes due October 15, 2023 450 450 Finance lease and other obligations 1 2 Unamortized debt issuance costs (8 ) (9 ) Total debt 911 910 Less: current portion (911 ) (465 ) Long-term debt $ — $ 445 (a) The borrowings under the Term Loan Facility are subject to a variable interest rate. As of March 31, 2020 and December 31, 2019, the interest rate was 7.02% and 7.12%, 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. Waiver, Forbearance Agreement and Fourth Amendment to Credit Agreement Based on final results of operations for the year ended December 31, 2019, the Company concluded it was not in compliance with the Consolidated Leverage Ratio and Minimum Interest Ratio contained in the Credit Agreement as of December 31, 2019. The noncompliance occurred on the last day of the fourth quarter due to the following: the Company’s Consolidated Leverage Ratio exceeded the maximum level permitted and the Company’s Minimum Interest Ratio was below the minimum level permitted. On March 2, 2020, the Company entered into a Waiver, Forbearance Agreement and Fourth Amendment to Credit Agreement with lenders constituting a majority under the Credit Agreement that governs the Company’s Revolving Credit Facility and Term Loan Facility. The Waiver, Forbearance Agreement and Fourth Amendment to Credit Agreement waived the defaults or events of default that occurred as a result of the financial covenant noncompliance on December 31, 2019 and prevented the lenders from directing the Administrative Agent to accelerate the debt or exercise other remedies as a result of certain other potential defaults or events of default which may occur under the Credit Agreement (the “ Potential Defaults there was substantial doubt about the Company’s ability to continue as a going concern as of December 31, 2019. Voluntary Reorganization under Chapter 11 The commencement of the Chapter 11 Cases constituted an event of default with respect to the Senior Notes, the Term Loan Facility and the Revolving Credit Facility (the “Debt Instruments”). The Debt Instruments provide that as a result of the commencement of the Chapter 11 Cases, the principal and interest due thereunder shall be immediately due and payable. Any efforts to enforce payment obligations under the Debt Instruments will be automatically stayed as a result of the commencement of the Chapter 11 Cases, and the creditors’ right of enforcement in respect of the Debt Instruments are subject to the applicable provisions of the Bankruptcy Code. Debtor-in-Possession Financing As previously disclosed, on April 15, 2020 (the “Closing Date”), the Company entered into a Superpriority Secured Debtor-in-Possession Credit Agreement (the “DIP Credit Agreement”), upon the entry of an interim order of the Bankruptcy Court granting interim approval of the DIP Credit Agreement, among the Company, as borrower, the lenders from time to time party thereto (the “DIP Lenders”) and Bank of America, N.A. as administrative agent (in such capacity, the “DIP Agent”), pursuant to which the DIP Lenders committed to provide a senior secured superpriority debtor-in-possession credit facility in an aggregate principal amount not to exceed $100 million (the “DIP Facility”). The DIP Facility consists of (i) revolving loans not to exceed an aggregate amount of $55 million (the “Revolving Loans”), subject to the limitation in the next succeeding sentence, and (ii) letters of credit not to exceed an aggregate amount of $45 million, with $5 million of that amount being available for the issuance of new letters of credit (together with the Revolving Loans, the “DIP Loan Commitments”). During the interim period prior to the entry of a final order of the Bankruptcy Court authorizing the DIP Facility (the “Final Order”), the Company’s capacity to incur Revolving Loans is limited to an aggregate amount of up to $27.5 million. Borrowings under the DIP Facility bear interest at a rate per annum equal to, at the Company’s option, either (i) the Alternate Base Rate (as defined in the DIP Credit Agreement) plus 5.75%, or (ii) LIBOR plus 6.75%. Upon an event of default under the DIP Credit Agreement (an “Event of Default”), an additional 2.00% may be added to the Interest Rate. In addition, the Company is required to pay (i) an unused line fee of 0.50% per annum (payable quarterly in arrears) on the average daily unused portion of the DIP Loan Commitments, (ii) a commitment fee of (x) 1.00% per annum on the DIP Loan Commitments, regardless of usage, plus (y) $100,000 per week for the first 20 weeks after the Closing Date, in each case, payable quarterly in arrears, (iii) a participation fee equal to 6.75% multiplied by the amounts available to be drawn under outstanding letters of credit, payable quarterly, and (iv) a fronting fee equal to 0.125% per annum on amounts available to be drawn under outstanding letters of credit, payable quarterly. Proceeds of the loans made under the DIP Facility may be used only for the following purposes: (i) working capital and other general corporate purposes, including the payment of professional fees and expenses, (ii) to pay the reasonable fees and expenses of the DIP Agent and the DIP Lenders (including the reasonable fees and expenses of counsel and financial advisors), (iii) to pay claims in respect of certain prepetition creditors, (iv) to repay indebtedness owed to holders of the Prepetition Priority Payment Obligations (as defined in the DIP Credit Agreement) (the “Prepetition Revolving Lenders”), and (v) making adequate protection payments to the Prepetition Revolving Lenders, the Prepetition Term Lenders and the Prepetition Secured Noteholders (each as defined in the DIP Credit Agreement). In connection with the DIP Credit Agreement, certain subsidiaries of the Company became parties to a guarantee agreement as guarantors (collectively, the “Guarantors,” and together with the Company, the “DIP Credit Parties”). Each of the Guarantors is a debtor and debtor-in-possession in the Chapter 11 Cases. The Guarantors have guaranteed, on a joint and several basis, all of the obligations under the DIP Facility. To secure the obligations under the DIP Facility, the Company and the Guarantors have granted liens on substantially all of their assets, whether now owned or hereafter acquired. The DIP Facility will mature on the earliest of the following dates: (i) unless the Final Order is entered, May 15, 2020, (ii) the date upon which any Plan of Reorganization (as defined in the DIP Credit Agreement) becomes effective, or (iii) the six-month anniversary following the Petition Date, provided that such maturity may be extended with the consent of the Required Lenders (as defined in the DIP Credit Agreement) to a date no later than nine months after the Petition Date. The DIP Credit Agreement contains representations, warranties and covenants that are customary for debtor-in-possession facilities of this type, including, but not limited to, certain case milestones, specified restrictions on indebtedness, liens, guarantee obligations, liquidations and dissolutions, sales of assets, leases, payment of dividends and other restricted payments, voluntary payments of other indebtedness, investments, loans and advances, transactions with affiliates, sale and leaseback transactions and compliance with case milestones. The DIP Credit Agreement also contains customary events of default for facilities of this type, including failure to achieve the milestones and the occurrence of certain events in the Chapter 11 Cases. The DIP Facility is subject to final approval by the Bankruptcy Court. 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 $546 million and $277 million at March 31, 2020 and December 31, 2019, respectively. There were $249 million of borrowings under the Revolving Credit Facility as of both March 31, 2020 and December 31, 2019. The weighted-average interest rate on borrowings under the Company’s Revolving Credit Facility was 4.65% during the three months ended March 31, 2020. There was $18 million and $19 million of net interest expense during the three months ended March 31, 2020 and 2019, respectively.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Note 10. Earnings Per Share During the three months ended March 31, 2020 and 2019 , no shares of common stock were purchased by the Company; however, a de minimis amount of shares were withheld from employees for tax liabilities upon vesting of equity awards. Basic (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, and performance share units. 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 March 31, 2020 2019 (1) Net (loss) per common share: Basic $ (1.56 ) $ (3.77 ) Diluted $ (1.56 ) $ (3.77 ) Numerator: Net (loss) $ (52 ) $ (125 ) Denominator: Weighted average number of common shares outstanding 33.6 33.3 Dilutive options and awards — — Diluted weighted average number of common shares outstanding 33.6 33.3 Refer to Note 1, Overview and Basis of Presentation

Retirement Plans

Retirement Plans	3 Months Ended
	Mar. 31, 2020
Compensation And Retirement Disclosure [Abstract]
Retirement Plans	Note 11. 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 March 31, 2020 and December 31, 2019. 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, 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 months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 Qualified Non-Qualified & International Total Interest cost $ 15 $ 1 $ 16 Expected return on plan assets (30 ) — (30 ) Amortization of actuarial loss 4 — 4 Net periodic benefit (income) loss $ (11 ) $ 1 $ (10 ) Three Months Ended March 31, 2019 Qualified Non-Qualified & International Total Interest cost $ 20 $ 1 $ 21 Expected return on plan assets (31 ) — (31 ) Amortization of actuarial loss 3 — 3 Settlement of retirement obligations 132 — 132 Net periodic benefit loss $ 124 $ 1 $ 125 In the first quarter of 2020, the Company adopted a change in The change in accounting method was retrospectively applied to periods in 2017, 2018 and 2019, and as a result, pension income shown above for the three months ended March 31, 2019 has been restated. Refer to Note 1, Overview and Basis of Presentation , for more information. 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 $132 million in settlement of retirement benefit obligations in the condensed consolidated statement of operations in the first quarter of 2019. This charge resulted 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. Settlement of retirement obligations is disclosed separately in the condensed consolidated statements of operations, while the remaining net periodic (loss) income for the three months ended March 31, 2020 and 2019 is included in the investment and other (income)-net.

Taxes

Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Taxes	Note 12. Taxes The CARES Act is intended to provide emergency relief to both businesses and individuals impacted by the COVID-19 pandemic. Income Taxes The CARES Act enacted several provisions that may impact corporations including the carryback of certain net operating losses and the expensing of additional interest under certain circumstances. The Company has estimated that these provisions will not result in a benefit for the three months ended March 31, 2020. As the Company assesses additional guidance issued by the U.S. Treasury Department, the IRS and other standard-setting bodies related to the CARES Act, it may record an impact to the income tax provision. Payroll Taxes The CARES Act allows companies to defer payments of the employer share (6.2% of wages) of Social Security payroll taxes from the date of enactment through December 31, 2020. Fifty percent of the taxes deferred are required to be paid by December 31, 2021 with the remaining fifty percent by December 31, 2022. As of March 31, 2020, the Company accrued $2 million of payroll taxes that will benefit from this adoption. The Company expects to continue to defer payroll taxes through the end of 2020.

Comprehensive Income

Comprehensive Income	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Comprehensive Income	Note 13. Comprehensive Income The following table summarizes accumulated other comprehensive loss by component as of December 31, 2019 and March 31, 2020 and changes during the three months ended March 31, 2020. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2019 $ (464 ) $ (53 ) $ (517 ) Other comprehensive (loss) before reclassifications — (11 ) (11 ) Amounts reclassified from accumulated other comprehensive loss 3 — 3 Net change in accumulated other comprehensive income (loss) 3 (11 ) (8 ) Balance at March 31, 2020 $ (461 ) $ (64 ) $ (525 ) The following table summarizes accumulated other comprehensive loss by component as of December 31, 2018 and March 31, 2019 and changes during the three months ended March 31, 2019. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2018 $ (520 ) $ (55 ) $ (575 ) Other comprehensive income before reclassifications 104 1 105 Amounts reclassified from accumulated other comprehensive loss 2 — 2 Net change in accumulated other comprehensive loss 106 1 107 Balance at March 31, 2019 $ (414 ) $ (54 ) $ (468 ) In the first quarter of 2020, the Company adopted a change in method of accounting for the market-related value of assets for a class of assets within the U.S. Qualified Plan and Non-Qualified plans . The change in accounting method was retrospectively applied to periods in 2017, 2018 and 2019, and as a result, the pension rollforward for accumulated other comprehensive loss above and reclassification table below have been restated for the three months ended March 31, 2019. Refer to Notes 1, Overview and Basis of Presentation , and 11, Retirement Plans , for more information. 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 $104 million during the three months ended March 31, 2019 (including the restatement noted above). Refer to Note 11, Retirement Plans , for more information. Refer to the condensed consolidated statements of comprehensive income for the components of comprehensive (loss) income for the three months ended March 31, 2020 and 2019. Reclassifications from accumulated other comprehensive loss for the three months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 2019 (1) Amortization of pension plan cost: Net actuarial loss (a) $ 4 $ 3 Reclassifications before tax 4 3 Income tax expense 1 1 Reclassifications, net of tax $ 3 $ 2 (a) Retirement Plans (1)

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segment Information	Note 14. Segment Information As a result of the Company’s segment analysis in the fourth quarter of 2019, Mexico met the requirements to be classified as a reportable segment (previously included as a non-reportable segment). 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 and provides logistics solutions to the Company and other third parties. The segment also provides certain other print-related services, including mail services. 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 and 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. Mexico Mexico produces magazines, catalogs, statements, forms, and labels. Other The Other grouping consists of the following non-reportable segments: Directories and Print Management. Print Management provides outsourced print procurement and management services. Corporate Corporate consists of unallocated selling, general and administrative activities and associated expenses including 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 Assets of and Capital March 31, 2020 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 327 $ (35 ) $ 597 $ 11 $ 7 Book 204 (9 ) 468 12 4 Office Products 112 7 282 3 — Mexico 23 3 51 1 — Total reportable segments 666 (34 ) 1,398 27 11 Other 35 3 29 — — Corporate — (12 ) 128 — — Total operations $ 701 $ (43 ) $ 1,555 $ 27 $ 11 Income (Loss) Depreciation Three Months Ended Net from Assets of and Capital March 31, 2019 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 403 $ (31 ) $ 795 $ 15 $ 10 Book 260 13 647 12 17 Office Products 119 8 329 3 — Mexico 24 3 68 1 1 Total reportable segments 806 (7 ) 1,839 31 28 Other 39 1 22 — — Corporate — (13 ) 86 — — Total operations $ 845 $ (19 ) $ 1,947 $ 31 $ 28 Restructuring, impairment and other charges by segment for the three months ended March 31, 2020 and 2019 are disclosed in Note 7, Restructuring, Impairment and Other Charges.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2020
Accounting Changes And Error Corrections [Abstract]
New Accounting Pronouncements	Note 15. New Accounting Pronouncements In August 2018, the FASB issued Accounting Standards Update No. 2018-14 “Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans” (“ASU 2018-14”). ASU 2018-14 modifies the annual disclosure requirements for employers that sponsor defined benefit pension plans. ASU 2018-14 is effective for 2020 year-end disclosures. Early adoption of ASU 2018-14 is permitted; however, the Company plans to adopt the standard for the 2020 year-end disclosures. The Company does not anticipate a significant impact. In December 2019, the FASB issued Accounting Standards Update No. 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12"). ASU 2019-12 removes certain exceptions for intraperiod tax allocations and interim calculations, and adds guidance to reduce complexity in accounting for income taxes, including a modification in the guidance for franchise taxes that are partially based on income and recognizing deferred taxes for a subsequent step-up in the tax basis of goodwill. ASU 2019-12 is effective in the first quarter of 2021. Early adoption of ASU 2019-12 is permitted; however, the Company plans to adopt the standard in the first quarter of 2021. The Company is in the process of assessing the impact of the new standard.

Overview and Basis of Present_2

Overview and Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Summary of Impact of Change in Accounting Principle on Condensed Consolidated Balance Sheets, Statements of Stockholders' Equity and Statements of Operations and Comprehensive Income	The tables below represent the impact of the change in accounting principle on the condensed consolidated balance sheets and statement of stockholders’ equity for all periods since 2017: Previously Disclosed in Form 10-K As Reported with Change As of December 31, 2017 Impact of Change As of December 31, 2017 Equity (Accumulated deficit) $ (90 ) $ (7 ) $ (97 ) Accumulated other comprehensive loss (476 ) 7 (469 ) Previously Disclosed in Form 10-K As Reported with Change As of December 31, 2018 Impact of Change As of December 31, 2018 Equity (Accumulated deficit) $ (42 ) $ (9 ) $ (51 ) Accumulated other comprehensive loss (584 ) 9 (575 ) Previously Disclosed in Form 10-K As Reported with Change As of December 31, 2019 Impact of Change As of December 31, 2019 Equity (Accumulated deficit) $ (354 ) $ (11 ) $ (365 ) Accumulated other comprehensive loss (528 ) 11 (517 ) Previously Disclosed in Form 10-Q As Reported with Change As of March 31, 2019 Impact of Change As of March 31, 2019 Equity (Accumulated deficit) $ (177 ) $ (8 ) $ (185 ) Accumulated other comprehensive loss (476 ) 8 (468 ) Previously Disclosed in Form 10-Q As Reported with Change As of June 30, 2019 Impact of Change As of June 30, 2019 Equity (Accumulated deficit) $ (209 ) $ (9 ) $ (218 ) Accumulated other comprehensive loss (472 ) 9 (463 ) Previously Disclosed in Form 10-Q As Reported with Change As of September 30, 2019 Impact of Change As of September 30, 2019 Equity (Accumulated deficit) $ (185 ) $ (10 ) $ (195 ) Accumulated other comprehensive loss (472 ) 10 (462 ) Previously Disclosed in Form 10-K As Reported with Change Year Ended December 31, 2017 Impact of Change Year Ended December 31, 2017 Investment and other (income) expense $ (47 ) $ 10 $ (37 ) (Loss) before income taxes (44 ) (10 ) (54 ) Income tax expense (benefit) 13 (3 ) 10 Net (loss) (57 ) (7 ) (64 ) Basic net (loss) per share (1.69 ) (0.22 ) (1.91 ) Diluted net (loss) per share (1.69 ) (0.22 ) (1.91 ) Adjustment for net periodic pension plan cost 34 7 41 Other comprehensive income 55 7 62 Comprehensive (loss) (2 ) — (2 ) Previously Disclosed in Form 10-K As Reported with Change Year Ended December 31, 2018 Impact of Change Year Ended December 31, 2018 Investment and other (income) expense $ (48 ) $ 2 $ (46 ) Income (loss) before income taxes 10 (2 ) 8 Income tax expense 33 — 33 Net (loss) (23 ) (2 ) (25 ) Basic net (loss) per share (0.67 ) (0.04 ) (0.71 ) Diluted net (loss) per share (0.67 ) (0.04 ) (0.71 ) Adjustment for net periodic pension plan cost (4 ) 2 (2 ) Other comprehensive (loss) income (11 ) 2 (9 ) Comprehensive (loss) (34 ) — (34 ) Previously Disclosed in Form 10-K As Reported with Change Year Ended December 31, 2019 Impact of Change Year Ended December 31, 2019 Settlement of retirement benefit obligations $ 137 $ (3 ) $ 134 Investment and other (income) expense (37 ) 6 (31 ) (Loss) before income taxes (288 ) (3 ) (291 ) Income tax expense (benefit) 7 (1 ) 6 Net (loss) (295 ) (2 ) (297 ) Basic net (loss) per share (8.82 ) (0.07 ) (8.89 ) Diluted net (loss) per share (8.82 ) (0.07 ) (8.89 ) Adjustment for net periodic pension plan cost 54 2 56 Other comprehensive income 56 2 58 Comprehensive (loss) (239 ) — (239 ) Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended March 31, 2019 Impact of Change Three Months Ended March 31, 2019 Settlement of retirement benefit obligations $ 135 $ (3 ) $ 132 Investment and other (income) expense (10 ) 2 (8 ) (Loss) income before income taxes (163 ) 1 (162 ) Income tax (benefit) (37 ) — (37 ) Net (loss) income (126 ) 1 (125 ) Basic net (loss) income per share (3.79 ) 0.02 (3.77 ) Diluted net (loss) income per share (3.79 ) 0.02 (3.77 ) Adjustment for net periodic pension plan cost 107 (1 ) 106 Other comprehensive income (loss) 108 (1 ) 107 Comprehensive (loss) (18 ) — (18 ) Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended June 30, 2019 Impact of Change Three Months Ended June 30, 2019 Settlement of retirement benefit obligations $ 1 $ — $ 1 Investment and other (income) expense (9 ) 1 (8 ) (Loss) before income taxes (27 ) (1 ) (28 ) Income tax (benefit) (3 ) — (3 ) Net (loss) (24 ) (1 ) (25 ) Basic net (loss) per share (0.69 ) (0.03 ) (0.72 ) Diluted net (loss) per share (0.69 ) (0.03 ) (0.72 ) Adjustment for net periodic pension plan cost 3 1 4 Other comprehensive income 4 1 5 Comprehensive (loss) (20 ) — (20 ) Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended September 30, 2019 Impact of Change Three Months Ended September 30, 2019 Settlement of retirement benefit obligations $ 1 — $ 1 Investment and other (income) expense (9 ) 1 (8 ) Income (loss) before income taxes 24 (1 ) 23 Income tax expense — — — Net income (loss) 24 (1 ) 23 Basic net income (loss) per share 0.69 (0.03 ) 0.66 Diluted net income (loss) per share 0.69 (0.03 ) 0.66 Adjustment for net periodic pension plan cost 2 1 3 Other comprehensive income — 1 1 Comprehensive income 24 — 24 Previously Disclosed in Form 10-Q As Reported with Change Three Months Ended December 31, 2019 Impact of Change Three Months Ended December 31, 2019 Settlement of retirement benefit obligations $ — $ — $ — Investment and other (income) expense (9 ) 2 (7 ) (Loss) before income taxes (122 ) (2 ) (124 ) Income tax expense (benefit) 47 (1 ) 46 Net (loss) (169 ) (1 ) (170 ) Basic net (loss) per share (5.02 ) (0.03 ) (5.05 ) Diluted net (loss) per share (5.02 ) (0.03 ) (5.05 ) Previous Accounting Method As Reported March 31, 2020 Impact of Change March 31, 2020 Equity (Accumulated deficit) $ (408 ) $ (9 ) $ (417 ) Accumulated other comprehensive loss (income) (535 ) 10 (525 ) Pension liabilities 142 (1 ) 141 Previous Accounting Method As Reported March 31, 2020 Impact of Change March 31, 2020 Investment and other (income) $ (8 ) $ (2 ) $ (10 ) (Loss) income before income taxes (53 ) 2 (51 ) Income tax expense 1 — 1 Net (loss) income (54 ) 2 (52 ) Basic net (loss) income per share (1.61 ) 0.05 (1.56 ) Diluted net (loss) income per share (1.61 ) 0.05 (1.56 ) Adjustment for net periodic pension plan cost 4 (1 ) 3 Other comprehensive (loss) (7 ) (1 ) (8 ) Comprehensive (loss) income (61 ) 1 (60 )

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2020
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 months ended March 31, 2020 and 2019. Three Months Ended March 31, 2020 Magazines, Catalogs and Office Logistics Book Products Mexico Other Total Major Products / Service Lines Book (a) $ — $ 204 $ — $ — $ — $ 204 Magazines and Catalogs (b) $ 250 $ — $ — $ 23 $ 21 $ 294 Logistics $ 77 $ — $ — $ — $ — $ 77 Directories $ — $ — $ — $ — $ 14 $ 14 Office Products $ — $ — $ 112 $ — $ — $ 112 Total $ 327 $ 204 $ 112 $ 23 $ 35 $ 701 Timing of Revenue Recognition Products and services transferred at a point in time $ 225 $ 172 $ 112 $ 23 $ 14 $ 546 Products and services transferred over time 102 32 — — 21 155 Total $ 327 $ 204 $ 112 $ 23 $ 35 $ 701 Three Months Ended March 31, 2019 Magazines, Catalogs and Office Logistics Book Products Mexico Other Total Major Products / Service Lines Book (a) $ — $ 260 $ — $ — $ — $ 260 Magazines and Catalogs (b) $ 319 $ — $ — $ 24 $ 20 $ 363 Logistics $ 84 $ — $ — $ — $ — $ 84 Directories $ — $ — $ — $ — $ 19 $ 19 Office Products $ — $ — $ 119 $ — $ — $ 119 Total $ 403 $ 260 $ 119 $ 24 $ 39 $ 845 Timing of Revenue Recognition Products and services transferred at a point in time $ 288 $ 228 $ 119 $ 24 $ 19 $ 678 Products and services transferred over time 115 32 — — 20 167 Total $ 403 $ 260 $ 119 $ 24 $ 39 $ 845 (a) Includes e-book formatting and supply chain management associated with book production (b) Includes premedia and co-mail
Schedule of Transactions Affecting Allowance for Doubtful Accounts Receivable	Transactions affecting the allowances for doubtful accounts receivable balance during the three months ended March 31, 2020 were as follows: Three Months Ended March 31, 2020 Balance, beginning of year $ 12 Provisions charged to expense 1 Balance, end of period $ 13
Schedule of Changes in the Contract Assets and Liabilities	The following table provides changes in contract assets and liabilities during the three months ended March 31, 2020: Short-Term Contract Assets Long-Term Contract Assets Contract Liabilities Beginning Balance, January 1, 2020 $ 40 $ 14 $ 17 Additions to unbilled accounts receivable 17 — — Unbilled accounts receivable recognized in trade receivables (28 ) — — Payment of contract acquisition costs — — — Amortization of contract acquisition costs — (3 ) — Write-off due to termination of contract acquisition costs — — — Revenue recognized that was included in contract liabilities as of January 1, 2020 — — (12 ) Increases due to cash received — — 11 Ending Balance, March 31, 2020 $ 29 $ 11 $ 16

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Components of Total Net Lease Expense	The components of total net lease expense were as follows: Three Months Ended Three Months Ended March 31, 2020 March 31, 2019 Operating lease expense $ 17 $ 17 Sublease (income) (2 ) (2 ) Variable lease expense 2 3 Total net lease expense $ 17 $ 18
Supplemental Non-cash Information Related to Leases	Supplemental non-cash information related to leases is included below: Three Months Ended Three Months Ended March 31, 2020 March 31, 2019 ROU assets acquired in exchange for lease obligations: ROU assets Operating leases $ 4 $ 2 Lease obligations Operating leases $ 4 $ 2
Supplemental Information Regarding Weighted Average Lease Term and Discount Rate	Supplemental information regarding the weighted average lease term and discount rate for the lease liabilities as of March 31, 2020 is included below: March 31, 2020 Weighted Average Remaining Lease Term (years) Operating leases 4.9 Financing leases 2.0 Weighted Average Discount Rate Operating leases 8.7 % Financing leases 6.9 %
Schedule of Annual Maturities of Lease Liabilities	The annual maturities of lease liabilities as of March 31, 2020 were as follows: Operating Leases 2020 $ 39 2021 45 2022 34 2023 24 2024 19 2025 & thereafter 28 Total undiscounted lease payments 189 Imputed interest (26 ) Total lease liabilities $ 163

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020 and December 31, 2019 were as follows: March 31, December 31, 2020 2019 Raw materials and manufacturing supplies $ 70 $ 91 Work in process 38 38 Finished goods 89 87 Last in, first out reserve (41 ) (46 ) Total $ 156 $ 170

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Mar. 31, 2020
Property Plant And Equipment [Abstract]
Components of Company's Property, Plant and Equipment	The components of the Company’s property, plant and equipment at March 31, 2020 and December 31, 2019 were as follows: March 31, December 31, 2020 2019 Land $ 34 $ 35 Buildings 662 663 Machinery and equipment 2,989 3,006 3,685 3,704 Less: Accumulated depreciation (3,261 ) (3,264 ) Total $ 424 $ 440

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2020
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 three months ended March 31, 2020 were as follows: Magazines, Catalogs Office and Logistics Book Products Mexico Other Total Net book value as of December 31, 2019 Goodwill $ 523 $ 354 $ 110 $ — $ 5 $ 992 Accumulated impairment losses (502 ) (354 ) (79 ) — (5 ) (940 ) Total 21 — 31 — — 52 Net book value as of March 31, 2020 Goodwill 523 354 110 — 5 992 Accumulated impairment losses (502 ) (354 ) (79 ) — (5 ) (940 ) Total $ 21 $ — $ 31 $ — $ — $ 52
Components of Other Intangible Assets	The components of other intangible assets at March 31, 2020 and December 31, 2019 were as follows: March 31, 2020 December 31, 2019 Gross Carrying Accumulated Net Book Gross Carrying Accumulated Net Book Amount Amortization Value Amount Amortization Value Customer relationships $ 248 $ (153 ) $ 95 $ 248 $ (149 ) $ 99 Trade names 29 (8 ) 21 29 (8 ) 21 Total other intangible assets $ 277 $ (161 ) $ 116 $ 277 $ (157 ) $ 120
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 2020 $ 17 2021 15 2022 14 2023 13 2024 13 2025 and thereafter 48 Total $ 120

Restructuring, Impairment and_2

Restructuring, Impairment and Other Charges (Tables)	3 Months Ended
	Mar. 31, 2020
Restructuring And Related Activities [Abstract]
Schedule of Net Restructuring, Impairment and Other Charges Disclosed in Consolidated Statements of Operations	For the three months ended March 31, 2020 and 2019, the Company recorded the following net restructuring, impairment and other charges disclosed in the condensed consolidated statements of operations: Other Total Three Months Ended Employee Restructuring Restructuring Other March 31, 2020 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ — $ 10 $ 10 $ 1 $ — $ 11 Book 1 2 3 — — 3 Office Products 2 — 2 — — 2 Mexico — — — — — — Other — — — — — — Corporate — 10 10 — — 10 Total $ 3 $ 22 $ 25 $ 1 $ — $ 26 Other Total Three Months Ended Employee Restructuring Restructuring Other March 31, 2019 Terminations Charges Charges Impairment Charges Total Magazines, Catalogs and Logistics $ 5 $ 4 $ 9 $ 2 $ — $ 11 Book — 1 1 — — 1 Office Products — — — — — — Mexico — — — — — — Other — — — — — — Corporate — 1 1 — — 1 Total $ 5 $ 6 $ 11 $ 2 $ — $ 13
Schedule of Changes in the Restructuring Reserve	The restructuring reserve as of December 31, 2019 and March 31, 2020, and changes during the three months ended March 31, 2020 were as follows: December 31, Restructuring Cash March 31, 2019 Charges Paid 2020 Employee terminations $ 29 $ 3 $ (5 ) $ 27 Multiemployer pension plan withdrawal obligations 31 1 (2 ) 30 Other and lease termination 2 19 (13 ) 8 Total $ 62 $ 23 $ (20 ) $ 65

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of the Company's Debt	The Company’s debt at March 31, 2020 and December 31, 2019 consisted of the following: March 31, December 31, 2020 2019 Borrowings under the Revolving Credit Facility $ 249 $ 249 Term Loan Facility due September 30, 2022 (a) 219 218 8.75% Senior Secured Notes due October 15, 2023 450 450 Finance lease and other obligations 1 2 Unamortized debt issuance costs (8 ) (9 ) Total debt 911 910 Less: current portion (911 ) (465 ) Long-term debt $ — $ 445 (a) The borrowings under the Term Loan Facility are subject to a variable interest rate. As of March 31, 2020 and December 31, 2019, the interest rate was 7.02% and 7.12%, 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)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020 2019 (1) Net (loss) per common share: Basic $ (1.56 ) $ (3.77 ) Diluted $ (1.56 ) $ (3.77 ) Numerator: Net (loss) $ (52 ) $ (125 ) Denominator: Weighted average number of common shares outstanding 33.6 33.3 Dilutive options and awards — — Diluted weighted average number of common shares outstanding 33.6 33.3 Refer to Note 1, Overview and Basis of Presentation

Retirement Plans (Tables)

Retirement Plans (Tables)	3 Months Ended
	Mar. 31, 2020
Compensation And Retirement Disclosure [Abstract]
Components of Estimated Net Pension Loss (Income)	The components of the estimated net pension loss (income) for the three months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 Qualified Non-Qualified & International Total Interest cost $ 15 $ 1 $ 16 Expected return on plan assets (30 ) — (30 ) Amortization of actuarial loss 4 — 4 Net periodic benefit (income) loss $ (11 ) $ 1 $ (10 ) Three Months Ended March 31, 2019 Qualified Non-Qualified & International Total Interest cost $ 20 $ 1 $ 21 Expected return on plan assets (31 ) — (31 ) Amortization of actuarial loss 3 — 3 Settlement of retirement obligations 132 — 132 Net periodic benefit loss $ 124 $ 1 $ 125

Comprehensive Income (Tables)

Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Summary of Changes in Accumulated Other Comprehensive Loss	The following table summarizes accumulated other comprehensive loss by component as of December 31, 2019 and March 31, 2020 and changes during the three months ended March 31, 2020. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2019 $ (464 ) $ (53 ) $ (517 ) Other comprehensive (loss) before reclassifications — (11 ) (11 ) Amounts reclassified from accumulated other comprehensive loss 3 — 3 Net change in accumulated other comprehensive income (loss) 3 (11 ) (8 ) Balance at March 31, 2020 $ (461 ) $ (64 ) $ (525 ) The following table summarizes accumulated other comprehensive loss by component as of December 31, 2018 and March 31, 2019 and changes during the three months ended March 31, 2019. Pension Translation Plan Cost Adjustments Total Balance at December 31, 2018 $ (520 ) $ (55 ) $ (575 ) Other comprehensive income before reclassifications 104 1 105 Amounts reclassified from accumulated other comprehensive loss 2 — 2 Net change in accumulated other comprehensive loss 106 1 107 Balance at March 31, 2019 $ (414 ) $ (54 ) $ (468 )
Schedule of Reclassifications From Accumulated Other Comprehensive Loss	Reclassifications from accumulated other comprehensive loss for the three months ended March 31, 2020 and 2019 were as follows: Three Months Ended March 31, 2020 2019 (1) Amortization of pension plan cost: Net actuarial loss (a) $ 4 $ 3 Reclassifications before tax 4 3 Income tax expense 1 1 Reclassifications, net of tax $ 3 $ 2 (a) Retirement Plans (1)

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2020
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 Assets of and Capital March 31, 2020 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 327 $ (35 ) $ 597 $ 11 $ 7 Book 204 (9 ) 468 12 4 Office Products 112 7 282 3 — Mexico 23 3 51 1 — Total reportable segments 666 (34 ) 1,398 27 11 Other 35 3 29 — — Corporate — (12 ) 128 — — Total operations $ 701 $ (43 ) $ 1,555 $ 27 $ 11 Income (Loss) Depreciation Three Months Ended Net from Assets of and Capital March 31, 2019 Sales Operations Operations Amortization Expenditures Magazines, Catalogs and Logistics $ 403 $ (31 ) $ 795 $ 15 $ 10 Book 260 13 647 12 17 Office Products 119 8 329 3 — Mexico 24 3 68 1 1 Total reportable segments 806 (7 ) 1,839 31 28 Other 39 1 22 — — Corporate — (13 ) 86 — — Total operations $ 845 $ (19 ) $ 1,947 $ 31 $ 28

Overview and Basis of Present_3

Overview and Basis of Presentation - Narrative (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2020	Apr. 15, 2020	Jan. 01, 2019
Accumulated Deficit
Overview And Basis Of Presentation [Line Items]
Cumulative effect of change			$ (9,000,000)
Accumulated Other Comprehensive Loss
Overview And Basis Of Presentation [Line Items]
Cumulative effect of change			$ 9,000,000
U.S. Qualified Pension Plan
Overview And Basis Of Presentation [Line Items]
Percentage of remaining pension asset portfolio for plan	40.00%
Change in Accounting Principle on Retirement Plans | U.S. Qualified Pension Plan
Overview And Basis Of Presentation [Line Items]
Percentage of fair value of liability hedging assets on plan assets	60.00%
DIP Facility | Subsequent Event | Maximum
Overview And Basis Of Presentation [Line Items]
Debtor-in-possession financing		$ 100,000,000

Overview and Basis of Present_4

Overview and Basis of Presentation - Summary of Impact of Change in Accounting Principle on Condensed Consolidated Balance Sheets and Statements of Stockholders' Equity (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019		Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
EQUITY
Accumulated deficit	$ (417)	$ (365)	[1]
Accumulated other comprehensive loss (income)	525	517	[1]
Pension liabilities	141	156	[1]
Change in Accounting Principle on Retirement Plans
EQUITY
Accumulated deficit	(417)	(365)		$ (195)	$ (218)	$ (185)	$ (51)	$ (97)
Accumulated other comprehensive loss (income)	(525)	(517)		(462)	(463)	(468)	(575)	(469)
Pension liabilities	141
Change in Accounting Principle on Retirement Plans | Previously Disclosed in Form 10-K and 10-Q
EQUITY
Accumulated deficit	(408)	(354)		(185)	(209)	(177)	(42)	(90)
Accumulated other comprehensive loss (income)	(535)	(528)		(472)	(472)	(476)	(584)	(476)
Pension liabilities	142
Change in Accounting Principle on Retirement Plans | Impact of Change
EQUITY
Accumulated deficit	(9)	(11)		(10)	(9)	(8)	(9)	(7)
Accumulated other comprehensive loss (income)	10	$ 11		$ 10	$ 9	$ 8	$ 9	$ 7
Pension liabilities	$ (1)
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Overview and Basis of Present_5

Overview and Basis of Presentation - Summary of Impact of Change in Accounting Principle on Condensed Consolidated Statements of Operations and Comprehensive Income (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended						12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Overview And Basis Of Presentation [Line Items]
Settlement of retirement benefit obligations	$ 0				$ 132
Investment and other (income) expense	(10)				(8)
Income (loss) before income taxes	(51)				(162)
Income tax expense (benefit)	1				(37)
Net (loss) income	$ (52)				$ (125)	[1]
Basic net (loss) per share	$ (1.56)				$ (3.77)	[1]
Diluted net (loss) per share	$ (1.56)				$ (3.77)	[1]
Adjustment for net periodic pension plan cost	$ 3				$ 106
Other comprehensive income (loss)	(8)				107
Comprehensive (loss) income	(60)				(18)
Change in Accounting Principle on Retirement Plans
Overview And Basis Of Presentation [Line Items]
Settlement of retirement benefit obligations		$ 0	$ 1	$ 1	132		$ 134
Investment and other (income) expense	(10)	(7)	(8)	(8)	(8)		(31)	$ (46)	$ (37)
Income (loss) before income taxes	(51)	(124)	23	(28)	(162)		(291)	8	(54)
Income tax expense (benefit)	1	46	0	(3)	(37)		6	33	10
Net (loss) income	$ (52)	$ (170)	$ 23	$ (25)	$ (125)		$ (297)	$ (25)	$ (64)
Basic net (loss) per share	$ (1.56)	$ (5.05)	$ 0.66	$ (0.72)	$ (3.77)		$ (8.89)	$ (0.71)	$ (1.91)
Diluted net (loss) per share	$ (1.56)	$ (5.05)	$ 0.66	$ (0.72)	$ (3.77)		$ (8.89)	$ (0.71)	$ (1.91)
Adjustment for net periodic pension plan cost	$ 3		$ 3	$ 4	$ 106		$ 56	$ (2)	$ 41
Other comprehensive income (loss)	(8)		1	5	107		58	(9)	62
Comprehensive (loss) income	(60)		24	(20)	(18)		(239)	(34)	(2)
Change in Accounting Principle on Retirement Plans | Previously Disclosed in Form 10-K and 10-Q
Overview And Basis Of Presentation [Line Items]
Settlement of retirement benefit obligations		$ 0	1	1	135		137
Investment and other (income) expense	(8)	(9)	(9)	(9)	(10)		(37)	(48)	(47)
Income (loss) before income taxes	(53)	(122)	24	(27)	(163)		(288)	10	(44)
Income tax expense (benefit)	1	47	0	(3)	(37)		7	33	13
Net (loss) income	$ (54)	$ (169)	$ 24	$ (24)	$ (126)		$ (295)	$ (23)	$ (57)
Basic net (loss) per share	$ (1.61)	$ (5.02)	$ 0.69	$ (0.69)	$ (3.79)		$ (8.82)	$ (0.67)	$ (1.69)
Diluted net (loss) per share	$ (1.61)	$ (5.02)	$ 0.69	$ (0.69)	$ (3.79)		$ (8.82)	$ (0.67)	$ (1.69)
Adjustment for net periodic pension plan cost	$ 4		$ 2	$ 3	$ 107		$ 54	$ (4)	$ 34
Other comprehensive income (loss)	(7)		0	4	108		56	(11)	55
Comprehensive (loss) income	(61)		24	(20)	(18)		(239)	(34)	(2)
Change in Accounting Principle on Retirement Plans | Impact of Change
Overview And Basis Of Presentation [Line Items]
Settlement of retirement benefit obligations		$ 0	0	0	(3)		(3)
Investment and other (income) expense	(2)	2	1	1	2		6	2	10
Income (loss) before income taxes	2	(2)	(1)	(1)	1		(3)	(2)	(10)
Income tax expense (benefit)	0	(1)	0	0	0		(1)	0	(3)
Net (loss) income	$ 2	$ (1)	$ (1)	$ (1)	$ 1		$ (2)	$ (2)	$ (7)
Basic net (loss) per share	$ 0.05	$ (0.03)	$ (0.03)	$ (0.03)	$ 0.02		$ (0.07)	$ (0.04)	$ (0.22)
Diluted net (loss) per share	$ 0.05	$ (0.03)	$ (0.03)	$ (0.03)	$ 0.02		$ (0.07)	$ (0.04)	$ (0.22)
Adjustment for net periodic pension plan cost	$ (1)		$ 1	$ 1	$ (1)		$ 2	$ 2	$ 7
Other comprehensive income (loss)	(1)		1	1	(1)		2	2	7
Comprehensive (loss) income	$ 1		$ 0	$ 0	$ 0		$ 0	$ 0	$ 0
[1]	Overview and Basis of Presentation

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Disaggregated Revenue (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation Of Revenue [Line Items]
Revenue	$ 701	$ 845
Book
Disaggregation Of Revenue [Line Items]
Revenue	204	260
Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	294	363
Logistics
Disaggregation Of Revenue [Line Items]
Revenue	77	84
Directories
Disaggregation Of Revenue [Line Items]
Revenue	14	19
Office Products
Disaggregation Of Revenue [Line Items]
Revenue	112	119
Magazines, Catalogs and Logistics
Disaggregation Of Revenue [Line Items]
Revenue	327	403
Magazines, Catalogs and Logistics | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Magazines, Catalogs and Logistics | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	250	319
Magazines, Catalogs and Logistics | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	77	84
Magazines, Catalogs and Logistics | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Magazines, Catalogs and Logistics | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Book
Disaggregation Of Revenue [Line Items]
Revenue	204	260
Book | Book
Disaggregation Of Revenue [Line Items]
Revenue	204	260
Book | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Book | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Book | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Book | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Office Products
Disaggregation Of Revenue [Line Items]
Revenue	112	119
Office Products | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Office Products | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Office Products | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Office Products | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Office Products | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	112	119
Mexico
Disaggregation Of Revenue [Line Items]
Revenue	23	24
Mexico | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Mexico | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	23	24
Mexico | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Mexico | Directories
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Mexico | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Other
Disaggregation Of Revenue [Line Items]
Revenue	35	39
Other | Book
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Other | Magazines and Catalogs
Disaggregation Of Revenue [Line Items]
Revenue	21	20
Other | Logistics
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Other | Directories
Disaggregation Of Revenue [Line Items]
Revenue	14	19
Other | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Products and Services Transferred at a Point in Time
Disaggregation Of Revenue [Line Items]
Revenue	546	678
Products and Services Transferred at a Point in Time | Magazines, Catalogs and Logistics
Disaggregation Of Revenue [Line Items]
Revenue	225	288
Products and Services Transferred at a Point in Time | Book
Disaggregation Of Revenue [Line Items]
Revenue	172	228
Products and Services Transferred at a Point in Time | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	112	119
Products and Services Transferred at a Point in Time | Mexico
Disaggregation Of Revenue [Line Items]
Revenue	23	24
Products and Services Transferred at a Point in Time | Other
Disaggregation Of Revenue [Line Items]
Revenue	14	19
Products and Services Transferred Over Time
Disaggregation Of Revenue [Line Items]
Revenue	155	167
Products and Services Transferred Over Time | Magazines, Catalogs and Logistics
Disaggregation Of Revenue [Line Items]
Revenue	102	115
Products and Services Transferred Over Time | Book
Disaggregation Of Revenue [Line Items]
Revenue	32	32
Products and Services Transferred Over Time | Office Products
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Products and Services Transferred Over Time | Mexico
Disaggregation Of Revenue [Line Items]
Revenue	0	0
Products and Services Transferred Over Time | Other
Disaggregation Of Revenue [Line Items]
Revenue	$ 21	$ 20

Recenue Recognition - Schedule

Recenue Recognition - Schedule of Transactions Affecting Allowance for Doubtful Accounts Receivable (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	[1]
Revenue From Contract With Customer [Abstract]
Balance, beginning of year	[1]	$ 12
Provisions charged to expense		1	$ 3
Balance, end of period		$ 13
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Revenue Recognition - Schedul_2

Revenue Recognition - Schedule of Changes in the Contract Assets and Liabilities (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Contract Liabilities
Beginning Balance	$ 17
Revenue recognized that was included in contract liabilities as of January 1, 2020	(12)
Increases due to cash received	11
Ending Balance	16
Short-Term Contract Assets
Contract Assets
Beginning Balance	40
Additions to unbilled accounts receivable	17
Unbilled accounts receivable recognized in trade receivables	(28)
Amortization of contract acquisition costs	0
Write-off due to termination of contract acquisition costs	0
Ending Balance	29
Long-Term Contract Assets
Contract Assets
Beginning Balance	14
Additions to unbilled accounts receivable	0
Unbilled accounts receivable recognized in trade receivables	0
Payment of contract acquisition costs	0
Amortization of contract acquisition costs	(3)
Write-off due to termination of contract acquisition costs	0
Ending Balance	$ 11

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Disaggregation Of Revenue [Abstract]
Trade receivables	$ 371	$ 366

Leases - Components of Total Ne

Leases - Components of Total Net Lease Expense (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Leases [Abstract]
Operating lease expense	$ 17	$ 17
Sublease (income)	(2)	(2)
Variable lease expense	2	3
Total net lease expense	$ 17	$ 18

Leases - Supplemental Non-cash

Leases - Supplemental Non-cash Information Related to Leases (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
ROU assets acquired in exchange for lease obligations:
ROU assets, Operating leases	$ 4	$ 2
Lease obligations, Operating leases	$ 4	$ 2

Leases - Narrative (Detail)

Leases - Narrative (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Leases [Abstract]
Operating cash outflows from operating leases	$ 14,000,000	$ 16,000,000
Finance lease ROU assets or obligations acquired	0	$ 0
Additional operating leases not commenced, undiscounted amount	$ 1,000,000

Leases - Supplemental Informati

Leases - Supplemental Information Regarding Weighted Average Lease Term and Discount Rate (Detail)	Mar. 31, 2020
Weighted Average Remaining Lease Term (years)
Operating leases	4 years 10 months 24 days
Financing leases	2 years
Weighted Average Discount Rate
Operating leases	8.70%
Financing leases	6.90%

Leases - Schedule of Annual Mat

Leases - Schedule of Annual Maturities of Lease Liabilities (Detail) $ in Millions	Mar. 31, 2020USD ($)
Operating Leases
2020	$ 39
2021	45
2022	34
2023	24
2024	19
2025 & thereafter	28
Total undiscounted lease payments	189
Imputed interest	(26)
Total lease liabilities	$ 163

Inventories - Components of the

Inventories - Components of the Company's Inventories (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Inventory Net [Abstract]
Raw materials and manufacturing supplies	$ 70	$ 91
Work in process	38	38
Finished goods	89	87
Last in, first out reserve	(41)	(46)
Total	$ 156	$ 170	[1]
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Company's Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Property Plant And Equipment [Abstract]
Land	$ 34	$ 35
Buildings	662	663
Machinery and equipment	2,989	3,006
Property, plant and equipment, gross	3,685	3,704
Less: Accumulated depreciation	(3,261)	(3,264)
Total	$ 424	$ 440	[1]
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Property, Plant and Equipment_2

Property, Plant and Equipment - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Property Plant And Equipment [Line Items]
Depreciation expense	$ 21	$ 24
Prepaid expenses and other current assets
Property Plant And Equipment [Line Items]
Net book value of assets held for sale	$ 6		$ 9

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Schedule of Changes in the Carrying Amount of Goodwill (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Goodwill [Line Items]
Goodwill gross	$ 992	$ 992
Accumulated impairment losses	(940)	(940)
Goodwill	52	52	[1]
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	(354)	(354)
Goodwill	0	0
Office Products
Goodwill [Line Items]
Goodwill gross	110	110
Accumulated impairment losses	(79)	(79)
Goodwill	31	31
Mexico
Goodwill [Line Items]
Goodwill gross	0	0
Accumulated impairment losses	0	0
Goodwill	0	0
Other
Goodwill [Line Items]
Goodwill gross	5	5
Accumulated impairment losses	(5)	(5)
Goodwill	$ 0	$ 0
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Components of Other Intangible Assets (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Schedule Of Other Intangible Assets [Line Items]
Gross Carrying Amount, total other intangible assets	$ 277	$ 277
Accumulated Amortization, total other intangible assets	(161)	(157)
Net Book Value, total other intangible assets	116	120
Customer Relationships
Schedule Of Other Intangible Assets [Line Items]
Gross Carrying Amount, total other intangible assets	248	248
Accumulated Amortization, total other intangible assets	(153)	(149)
Net Book Value, total other intangible assets	95	99
Trade Names
Schedule Of Other Intangible Assets [Line Items]
Gross Carrying Amount, total other intangible assets	29	29
Accumulated Amortization, total other intangible assets	(8)	(8)
Net Book Value, total other intangible assets	$ 21	$ 21

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Amortization expense for other intangible assets	$ 4	$ 5

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	Mar. 31, 2020USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2020	$ 17
2021	15
2022	14
2023	13
2024	13
2025 and thereafter	48
Total	$ 120

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
	Mar. 31, 2020	Mar. 31, 2019
Restructuring Cost And Reserve [Line Items]
Employee Terminations	$ 3	$ 5
Other Restructuring Charges	22	6
Total Restructuring Charges	25	11
Impairment	1	2
Other Charges	0	0
Total	26	13
Magazines, Catalogs and Logistics
Restructuring Cost And Reserve [Line Items]
Employee Terminations		5
Impairment		2
Total Operating Segments | Magazines, Catalogs and Logistics
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	5
Other Restructuring Charges	10	4
Total Restructuring Charges	10	9
Impairment	1	2
Other Charges	0	0
Total	11	11
Total Operating Segments | Book
Restructuring Cost And Reserve [Line Items]
Employee Terminations	1	0
Other Restructuring Charges	2	1
Total Restructuring Charges	3	1
Impairment	0	0
Other Charges	0	0
Total	3	1
Total Operating Segments | Office Products
Restructuring Cost And Reserve [Line Items]
Employee Terminations	2	0
Other Restructuring Charges	0	0
Total Restructuring Charges	2	0
Impairment	0	0
Other Charges	0	0
Total	2	0
Total Operating Segments | Mexico
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	0
Other Restructuring Charges	0	0
Total Restructuring Charges	0	0
Impairment	0	0
Other Charges	0	0
Total	0	0
Total Operating Segments | Other
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	0
Other Restructuring Charges	0	0
Total Restructuring Charges	0	0
Impairment	0	0
Other Charges	0	0
Total	0	0
Corporate
Restructuring Cost And Reserve [Line Items]
Employee Terminations	0	0
Other Restructuring Charges	10	1
Total Restructuring Charges	10	1
Impairment	0	0
Other Charges	0	0
Total	$ 10	$ 1

Restructuring, Impairment and_4

Restructuring, Impairment and Other Charges - Narrative (Detail)	3 Months Ended
	Mar. 31, 2020USD ($)EmployeeFacility	Mar. 31, 2019USD ($)EmployeeFacility		Dec. 31, 2019USD ($)
Restructuring Cost And Reserve [Line Items]
Other restructuring charges, net	$ 22,000,000	$ 6,000,000
Employee-related termination costs	$ 3,000,000	5,000,000
Number of employees used to determine employee termination costs | Employee	397
Impairment charges related to machinery and equipment	$ 1,000,000	2,000,000
Goodwill	52,000,000			$ 52,000,000	[1]
Impairment charges	$ 1,000,000	2,000,000	[1]
Office Products
Restructuring Cost And Reserve [Line Items]
Number of facilities closed | Facility	1
Goodwill	$ 31,000,000			31,000,000
Goodwill impairment charges	$ 0
Estimated fair value exceeds carrying value percentage	10.00%
Impairment of definite-lived intangible assets	$ 0
Magazines, Catalogs and Logistics
Restructuring Cost And Reserve [Line Items]
Employee-related termination costs		$ 5,000,000
Number of employees used to determine employee termination costs | Employee		240
Number of facilities closed | Facility		1
Impairment charges related to machinery and equipment		$ 2,000,000
Goodwill	21,000,000			21,000,000
Logistics
Restructuring Cost And Reserve [Line Items]
Goodwill	21,000,000
Goodwill impairment charges	$ 0
Estimated fair value exceeds carrying value percentage	32.00%
Magazines and Catalogs
Restructuring Cost And Reserve [Line Items]
Impairment charges	$ 0
Books
Restructuring Cost And Reserve [Line Items]
Goodwill	0			$ 0
Impairment charges	$ 0
Termination One
Restructuring Cost And Reserve [Line Items]
Number of employees who were terminated as of date | Employee	197
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Restructuring, Impairment and_5

Restructuring, Impairment and Other Charges - Other Charges - Narrative (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019	[1]
Restructuring Cost And Reserve [Line Items]
Accrued liabilities	$ 224	$ 211
Other noncurrent liabilities	55	$ 56
Multiemployer pension plan withdrawal obligations
Restructuring Cost And Reserve [Line Items]
Accrued liabilities	3
Other noncurrent liabilities	$ 17
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Restructuring, Impairment and_6

Restructuring, Impairment and Other Charges - Schedule of Changes in the Restructuring Reserve (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	$ 62
Restructuring Charges	23
Cash Paid	(20)
Balance at the end	65
Employee terminations
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	29
Restructuring Charges	3
Cash Paid	(5)
Balance at the end	27
Other and lease termination
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	2
Restructuring Charges	19
Cash Paid	(13)
Balance at the end	8
Multiemployer pension plan withdrawal obligations
Restructuring Cost And Reserve [Line Items]
Balance at the beginning	31
Restructuring Charges	1
Cash Paid	(2)
Balance at the end	$ 30

Restructuring, Impairment and_7

Restructuring, Impairment and Other Charges - Restructuring Reserve - Narrative (Detail) $ in Millions	Mar. 31, 2020USD ($)
Restructuring And Related Activities [Abstract]
Current restructuring reserve	$ 41
Noncurrent restructuring reserve	$ 24

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Detail)	Mar. 31, 2020Facility
Commitments And Contingencies Disclosure [Abstract]
Number of sites cited as potentially responsible party	9
Number of previously and currently owned sites with potential remediation obligations	3

Debt - Schedule of the Company'

Debt - Schedule of the Company's Debt (Detail) - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019		Sep. 30, 2016
Debt Instrument [Line Items]
Finance lease and other obligations		$ 1	$ 2
Unamortized debt issuance costs		(8)	(9)
Total debt		911	910
Less: current portion		(911)	(465)	[1]
Long-term debt		0	445	[1]
Borrowings under the Revolving Credit Facility
Debt Instrument [Line Items]
Term Loan Facility		249	249
Term Loan Facility due September 30, 2022
Debt Instrument [Line Items]
Term Loan Facility	[2]	219	218
8.75% Senior Secured Notes due October 15, 2023
Debt Instrument [Line Items]
Senior Secured Notes		$ 450	$ 450		$ 450
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation
[2]	The borrowings under the Term Loan Facility are subject to a variable interest rate.  As of March 31, 2020 and December 31, 2019, the interest rate was 7.02% and 7.12%, respectively.

Debt - Schedule of the Compan_2

Debt - Schedule of the Company's Debt (Parenthetical) (Detail)	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Term Loan Facility due September 30, 2022
Debt Instrument [Line Items]
Debt instrument, maturity date	Sep. 30, 2022
Debt instrument, variable interest rate	7.02%	7.12%
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 ($)		Apr. 15, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Aug. 05, 2019	Sep. 30, 2016
Debt Instrument [Line Items]
Amount of difference between fair value and book value			$ 546,000,000		$ 277,000,000
Weighted average interest rate on borrowings			4.65%
Net interest expense			$ 18,000,000	$ 19,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility borrowings			249,000,000		249,000,000
Credit Agreements | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, principal amount			400,000,000				$ 400,000,000
Allowable annual dividend payment under credit agreement			50,000,000
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
Term Loan Facility due September 30, 2022
Debt Instrument [Line Items]
Credit facility borrowings	[1]		$ 219,000,000		$ 218,000,000
Term Loan Facility due September 30, 2022 | Credit Agreements
Debt Instrument [Line Items]
Debt instrument, principal amount							$ 375,000,000
DIP Facility | Subsequent Event
Debt Instrument [Line Items]
Additional interest rate upon event of default		2.00%
Percentage of unused line fee		0.50%
Percentage of commitment fee		1.00%
Commitment fee amount		$ 100,000
Percentage of participation fee		6.75%
Percentage of fronting fee		0.125%
DIP Facility | Subsequent Event | Alternate Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		5.75%
DIP Facility | Subsequent Event | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		6.75%
DIP Facility | Subsequent Event | Maximum
Debt Instrument [Line Items]
Debtor-in-possession financing		$ 100,000,000
DIP Facility | Revolving Credit Facility | Subsequent Event | Maximum
Debt Instrument [Line Items]
Debtor-in-possession financing		55,000,000
Maximum capacity to incur revolving Loans		27,500,000
DIP Facility | Letters of Credit | Subsequent Event | Maximum
Debt Instrument [Line Items]
Debtor-in-possession financing		45,000,000
DIP Loan Commitments | Letters of Credit | Subsequent Event
Debt Instrument [Line Items]
Debtor-in-possession financing		$ 5,000,000
[1]	The borrowings under the Term Loan Facility are subject to a variable interest rate.  As of March 31, 2020 and December 31, 2019, the interest rate was 7.02% and 7.12%, 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	Dec. 20, 2018	Sep. 30, 2016
Debt Instrument [Line Items]
Step-down as of date (quarter ending on or after)		Mar. 31, 2020	Mar. 31, 2019
Step-up as of date (quarter ending on or after)		Mar. 31, 2020	Mar. 31, 2019
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
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	3.75	3.25	3.25
Minimum Interest Coverage Ratio	2.50	3.25	3.25
Current Ratio | Maximum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	1	1	1
Minimum Interest Coverage Ratio	1	1	1
Step-Down Ratio | Minimum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio		3	3
Step-Down Ratio | Minimum | Covenant One
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	3.50
Step-Down Ratio | Minimum | Covenant Two
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	3.25
Step-Down Ratio | Maximum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio		1	1
Step-Down Ratio | Maximum | Covenant One
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	1
Step-Down Ratio | 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 | Minimum | Covenant One
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	2.75
Step-Up Ratio | Minimum | Covenant Two
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	3
Step-Up Ratio | Maximum
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio		1	1
Step-Up Ratio | Maximum | Covenant One
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	1
Step-Up Ratio | Maximum | Covenant Two
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	1

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Detail) - shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
Repurchase of common stock, shares	0	0

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
	Mar. 31, 2020	Mar. 31, 2019	[1]
Net (loss) per common share:
Basic	$ (1.56)	$ (3.77)
Diluted	$ (1.56)	$ (3.77)
Numerator:
Net (loss)	$ (52)	$ (125)
Denominator:
Weighted average number of common shares outstanding	33.6	33.3
Dilutive options and awards	0	0
Diluted weighted average number of common shares outstanding	33.6	33.3
[1]	Overview and Basis of Presentation

Retirement Plans - Components o

Retirement Plans - Components of Estimated Net Pension (Income) Loss (Detail) - Pension Benefits - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 16	$ 21
Expected return on plan assets	(30)	(31)
Amortization of actuarial loss	4	3
Settlement of retirement obligations		132
Net periodic benefit (income) loss	(10)	125
Qualified
Defined Benefit Plan Disclosure [Line Items]
Interest cost	15	20
Expected return on plan assets	(30)	(31)
Amortization of actuarial loss	4	3
Settlement of retirement obligations		132
Net periodic benefit (income) loss	(11)	124
Non-Qualified & International
Defined Benefit Plan Disclosure [Line Items]
Interest cost	1	1
Expected return on plan assets	0	0
Amortization of actuarial loss	0	0
Settlement of retirement obligations		0
Net periodic benefit (income) loss	$ 1	$ 1

Retirement Plans - Narrative (D

Retirement Plans - Narrative (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Compensation And Retirement Disclosure [Abstract]
Reduction in pension obligation under the annuity contract	$ 477
Reduction in net benefit plan asset	466
Pension non-cash settlement expense	$ 132

Taxes - Narrative (Detail)

Taxes - Narrative (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2020
Income Tax [Line Items]
CARES act of 2020, amount of payroll taxes accrued				$ 2,000,000
C A R E S Act Of2020 provision benefit				$ 0
Scenario Plan
Income Tax [Line Items]
CARES act of 2020, percentage of deferred payments of employer share of wages on social security payroll taxes	6.20%
CARES act of 2020, percentage of deferred social security payroll taxes to be paid		50.00%	50.00%

Comprehensive Income - Schedule

Comprehensive Income - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020		Mar. 31, 2019
Accumulated Other Comprehensive Income Loss [Line Items]
Balance	$ (72)	[1]	$ 178
Balance	(131)		153
Pension Plan Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Balance	(464)		(520)
Other comprehensive income (loss) before reclassifications	0		104
Amounts reclassified from accumulated other comprehensive loss	3		2
Net change in accumulated other comprehensive income (loss)	3		106
Balance	(461)		(414)
Translation Adjustments
Accumulated Other Comprehensive Income Loss [Line Items]
Balance	(53)		(55)
Other comprehensive income (loss) before reclassifications	(11)		1
Amounts reclassified from accumulated other comprehensive loss	0		0
Net change in accumulated other comprehensive income (loss)	(11)		1
Balance	(64)		(54)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Balance	(517)		(575)
Other comprehensive income (loss) before reclassifications	(11)		105
Amounts reclassified from accumulated other comprehensive loss	3		2
Net change in accumulated other comprehensive income (loss)	(8)		107
Balance	$ (525)		$ (468)
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation

Comprehensive Income - Narrativ

Comprehensive Income - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Pension Plan Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Net impact to accumulated other comprehensive loss	$ 0	$ 104

Comprehensive Income - Schedu_2

Comprehensive Income - Schedule of Reclassifications From Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	[2]
Amortization of Pension Plan Cost: Net Actuarial Loss
Reclassification from Accumulated Other Comprehensive Loss
Reclassifications before tax	[1]	$ 4	$ 3
Accumulated Defined Benefit Plans Adjustment
Reclassification from Accumulated Other Comprehensive Loss
Reclassifications before tax		4	3
Income tax expense		1	1
Reclassifications, net of tax		$ 3	$ 2
[1]	(a) Retirement Plans
[2]	(1)

Segment Information - Narrative

Segment Information - Narrative (Detail)	3 Months Ended
	Mar. 31, 2020SegmentCategory
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
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Net Sales	$ 701	$ 845
Income (Loss) from Operations	(43)	(19)
Assets of Operations	1,555	1,947
Depreciation and Amortization	27	31	[1]
Capital Expenditures	11	28	[1]
Magazines, Catalogs and Logistics
Segment Reporting Information [Line Items]
Net Sales	327	403
Book
Segment Reporting Information [Line Items]
Net Sales	204	260
Office Products
Segment Reporting Information [Line Items]
Net Sales	112	119
Mexico
Segment Reporting Information [Line Items]
Net Sales	23	24
Other
Segment Reporting Information [Line Items]
Net Sales	35	39
Income (Loss) from Operations	3	1
Assets of Operations	29	22
Depreciation and Amortization	0	0
Capital Expenditures	0	0
Total Operating Segments
Segment Reporting Information [Line Items]
Net Sales	666	806
Income (Loss) from Operations	(34)	(7)
Assets of Operations	1,398	1,839
Depreciation and Amortization	27	31
Capital Expenditures	11	28
Total Operating Segments | Magazines, Catalogs and Logistics
Segment Reporting Information [Line Items]
Net Sales	327	403
Income (Loss) from Operations	(35)	(31)
Assets of Operations	597	795
Depreciation and Amortization	11	15
Capital Expenditures	7	10
Total Operating Segments | Book
Segment Reporting Information [Line Items]
Net Sales	204	260
Income (Loss) from Operations	(9)	13
Assets of Operations	468	647
Depreciation and Amortization	12	12
Capital Expenditures	4	17
Total Operating Segments | Office Products
Segment Reporting Information [Line Items]
Net Sales	112	119
Income (Loss) from Operations	7	8
Assets of Operations	282	329
Depreciation and Amortization	3	3
Capital Expenditures	0	0
Total Operating Segments | Mexico
Segment Reporting Information [Line Items]
Net Sales	23	24
Income (Loss) from Operations	3	3
Assets of Operations	51	68
Depreciation and Amortization	1	1
Capital Expenditures	0	1
Corporate
Segment Reporting Information [Line Items]
Net Sales	0	0
Income (Loss) from Operations	(12)	(13)
Assets of Operations	128	86
Depreciation and Amortization	0	0
Capital Expenditures	$ 0	$ 0
[1]	As Adjusted, see Note 1, Overview and Basis of Presentation