RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2022

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

Net transfers (to) from Parent are included within Parent company investment on the consolidated and combined balance sheets and statements of equity. The components of the net transfers (to) from International Paper are as follows:

In millions	2022		2021		2020
General financing activities	$	—	$	(661)	$	(494)
Corporate allocations	—		112		154
Stock-based compensation	—		10		15
Final spin-off adjustments	—		(28)		—
Total net transfers (to) from Parent	$	—	$	(567)	$	(325)