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FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA (Tables)
6 Months Ended
Jun. 30, 2024
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
2024202320242023
Europe$206 $210 $413 $440 
Latin America245 250 461 472 
North America493 474 983 979 
Intersegment Sales(11)(15)(19)(31)
Net Sales$933 $919 $1,838 $1,860 
Business Segment Operating Profit
Three Months Ended
June 30,
Six Months Ended
June 30,
In millions2024202320242023
Europe$8 $(11)$4 $12 
Latin America37 48 51 94 
North America77 45 139 142 
Business Segment Operating Profit$122 $82 $194 $248 
Income before income taxes$113 $70 $173 $211 
Interest (income) expense, net9 12 18 19 
Net special items expense (income) (a) — 3 18 
Business Segment Operating Profit$122 $82 $194 $248 
(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 integration 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 of 2023 and other charges.