FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting

Information By Business Segment

Net Sales

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2023		2022		2023		2022
Europe	$	210	$	135	$	440	$	252
Latin America	250		249		472		464
North America	474		549		979		1,057
Intersegment Sales	(15)		(21)		(31)		(40)
Net Sales	$	919	$	912	$	1,860	$	1,733

Business Segment Operating Profit

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2023		2022		2023		2022
Europe	$	(11)	$	17	$	12	$	19
Latin America	48		59		94		98
North America	45		66		142		128
Business Segment Operating Profit	$	82	$	142	$	248	$	245
Income from continuing operations before income taxes	$	70	$	117	$	211	$	198
Interest (income) expense, net	12		17		19		34
Net special items expense (income) (a)	—		8		18		13
Business Segment Operating Profit	$	82	$	142	$	248	$	245

(a) Special items represent income or expenses that are incurred periodically, rather than on a regular basis. Net special items in the periods presented primarily include transaction costs related to the Nymölla acquisition, professional and legal fees related to negotiations resulting in a shareholder cooperation agreement, the impact of the step-up of acquired Nymölla inventory sold during the first quarter and one-time costs incurred in the prior year associated with the spin-off.