I use a powertoy from Microsoft for the job
Download the media player powertoy which is actually titled "media player 9 winter fun pack" from microsoft <a href=http://www.microsoft.com/windowsxp/downloads/powertoys/wm_winterfun.mspx>here</a> (although is says media player 9 it seems to work ok with media player 11 as well)
In with this download is a neat application to export your music library and playlists to excel. Once installed run media player, click on the library tab to display your library, and under primary views right click songs and choose send to...media info exporter and it will export all the songs in your library along with artist, album and a whole host of other info into excel. From there you can sort and print in any order you like.
Full instructions on how to use it are <a href=http://www.microsoft.com/windows/windowsmedia/knowledgecenter/howto/MediaInfoExp.aspx>here</a> from Microsoft website
Hope this helps