SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Accounts and Notes Receivable Net

Accounts and notes receivable, net, by classification were:

In millions	March 31, 2023		December 31, 2022
Accounts and notes receivable:
Trade	$	416	$	430
Notes and other	25		20
Total	$	441	$	450

Schedule of Inventories

In millions	March 31, 2023		December 31, 2022
Raw materials	$	87	$	40
Finished paper and pulp products	302		226
Operating supplies	94		78
Other	23		20
Total	$	506	$	364

Schedule of Interest Expense

Amounts related to interest were as follows:

	Three Months Ended March 31,
In millions	2023		2022
Interest expense (a)	$	19	$	18
Interest income (b)	(11)		(1)
Capitalized interest cost	(1)		—
Total	$	7	$	17

(a)    Interest expense for the three months ended March 31, 2023 includes $5 million of debt extinguishment cost related to the tender offer for our 7.00% 2029 Senior Notes.

(b) Interest income for the three months ended March 31, 2023 includes $9 million of interest income related to tax settlements.