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FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA (Tables)
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting
INFORMATION BY BUSINESS SEGMENT
Net Sales
In millions202220212020
Europe
$501 $366 $297 
Latin America
1,023 786 632 
North America
2,173 1,718 1,490 
Corporate and Intersegment Sales
(69)(42)(34)
Net Sales
$3,628 $2,828 $2,385 
The Company had one customer within our North America business segment that represented approximately 13%, 12% and 14% of our consolidated and combined net sales for the years ended December 31, 2022, 2021 and 2020, respectively.
Business Segment Operating Profit
In millions
202220212020
Europe
$50 $(29)$(34)
Latin America
212 194 83 
North America
291 133 41 
Business Segment Operating Profit
$553 $298 $90 
Income from continuing operations before income taxes
$467 $328 $95 
Interest expense (income), net
69 (1)(4)
Corporate special items, net12 5 — 
Other special items, net
5 (34)(1)
Business Segment Operating Profit$553 $298 $90 
Other Special Items, Net
In millions
202220212020
Europe
$1 $— $— 
Latin America
— (35)(2)
North America
4 1 1 
Other Special Items, Net
$5 $(34)$(1)
Assets
In millions as of December 31
20222021
Europe
$258 $218 
Latin America
1,129 1,034 
North America
894 868 
Corporate and Other (a)
429 477 
Assets
$2,710 $2,597 
(a)     Includes corporate assets and assets of businesses held for sale.
Capital Spending
In millions
202220212020
Europe
$7 $6 $6 
Latin America
76 39 45 
North America
66 24 15 
Capital Spending
$149 $69 $66 
Depreciation, Amortization and Cost of Timber Harvested
In millions
202220212020
Europe
$15 $18 $19 
Latin America
59 58 66 
North America
51 50 50 
Depreciation, Amortization and Cost of Timber Harvested
$125 $126 $135 
Schedule of External Net Sales
External Net Sales (a)
In millions
202220212020
United States
$2,173 $1,718 $1,490 
Brazil
1,008 734 576 
Europe
501 366 297 
Americas, other than United States and Brazil
15 52 56 
Corporate and Intersegment Sales
(69)(42)(34)
Net Sales
$3,628 $2,828 $2,385 
(a)Net sales are attributed to countries based on the location of the seller.
Schedule of Information by Long-lived Assets
Long-Lived Assets
In millions as of December 31
20222021
United States
$436 $413 
Brazil
635 546 
Europe
68 83 
Long-Lived Assets
$1,139 $1,042