GENERAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Transfer of Financial Assets Accounted for as Sales

The following table summarizes the activity under these programs for the three months ended March 31, 2023 and 2022, respectively:

	Three Months Ended March 31,
In millions	2023		2022
Receivables Sold and Derecognized	$	1,016	$	737
Proceeds Collected on Behalf of Financial Institutions	917		681
Net Proceeds Received From Financial Institutions	48		64
Deferred Purchase Price at March 31(a)	9		3
Pledged Receivables at March 31	193		201

(a) Included in Other Current Assets on the Condensed Consolidated Balance Sheets and represents a beneficial interest in the receivables sold to the financial institutions, which is a Level 3 fair value measure.

Schedule of Restructuring and Other Special Charges

The following table summarizes the transactions recorded in Business Combinations and Shutdown and Other Special Charges, Net in the Condensed Consolidated Statements of Operations:

	Three Months Ended March 31,
In millions	2023		2022
Charges Associated with Business Combinations(a)	$	—	$	8
Exit Activities(b)	11		7
Charges Associated with a Divestiture(c)	4		—
Total	$	15	$	15

(a) These costs relate to the Americraft Carton, Inc., AR Packaging Group AB and Tama Paperboard, LLC acquisitions.

(b) 2023 charges relate to the Company's closures of its three smaller CRB mills (see "Note 13 - Exit Activities").

(c) Relates to the Company's planned divestiture of its Russian business (see "Note 14 - Impairment and Divestiture of Russian Business").

Schedule Of Share Repurchases During The Period

The following table presents the Company's share repurchases for the three months ended March 31, 2023:

Amount repurchased in millions, except share and per share amounts	Amount Repurchased		Number of Shares Repurchased	Average Price, per Share
2023(a)	$	29	1,210,000	$	24.04

(a) Includes 60,000 shares repurchased but not yet settled as of March 31, 2023.