DIVESTITURE AND IMPAIRMENT OF BUSINESS (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

In millions for the years ended December 31	2022		2021
NET SALES	$	518	$	674
COSTS AND EXPENSES
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below)	425		518
Selling and administrative expenses	10		6
Depreciation, amortization and cost of timber harvested	4		17
Taxes other than payroll and income taxes	1		2
Impairment of business	296		—
Interest expense (income), net	(3)		(1)
INCOME BEFORE INCOME TAXES	(215)		132
Income tax provision	3		28
DISCONTINUED OPERATIONS, NET OF TAXES	$	(218)	$	104

The following summarizes the total cash provided by operating activities from discontinued operations, net and total cash provided by (used for) investing activities from discontinued operations, net and included in the consolidated and combined statements of cash flows:

In millions for the years ended December 31	2022		2021
Cash Provided by Operating Activities	$	20	$	126
Cash Provided by (Used for) Investment Activities (a)	$	(5)	$	14