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FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA
The Company’s business segments, Europe, Latin America and North America, are consistent with the internal structure used to manage these businesses. All segments are differentiated on a common product, common customer basis, consistent with the business segmentation generally used in the Forest Products industry.
Business segment operating profits are used by the Company’s management to measure the earnings performance of its businesses. Management believes that this measure provides investors and analysts useful insights into our operating performance. Business segment operating profits are defined as income (loss) before income taxes, excluding corporate special items, net, interest (income) expense, net, and other special items, net.
External sales by major product is determined by aggregating sales from each segment based on similar products or services. External sales are defined as those that are made to parties outside the Company’s combined group, whereas sales by segment in the Net Sales table are determined using a management approach and include intersegment sales.
Information By Business Segment
Net Sales
Three Months Ended
September 30,		Nine Months Ended September 30,
In millions
2021202020212020
Europe$262 $220 $743 $682 
Latin America200 150 557 434 
North America447 375 1,255 1,114 
Corporate and Intersegment Sales(1)(7)(25)(17)
Net Sales$908 $738 $2,530 $2,213 
Operating Profit
Three Months Ended
September 30,		Nine Months Ended September 30,
In millions2021202020212020
Europe$40 $16 $82 $62 
Latin America44 17 131 46 
North America53 29 93 25 
Business Segment Operating Profit$137 $62 $306 $133 
Income (loss) before income taxes$120 $63 $360 $130 
Interest (income) expense, net10 (2)(19)(3)
Business special items, net7 1 (35)6 
$137 $62 $306 $133