FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting

Information By Business Segment

Net Sales

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2024		2023		2024		2023
Europe	$	194	$	184	$	607	$	624
Latin America	247		246		708		718
North America	532		476		1,515		1,455
Intersegment Sales	(8)		(9)		(27)		(40)
Net Sales	$	965	$	897	$	2,803	$	2,757

Business Segment Operating Profit

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2024		2023		2024		2023
Europe	$	3	$	(14)	$	7	$	(2)
Latin America	49		55		100		149
North America	98		75		237		217
Business Segment Operating Profit	$	150	$	116	$	344	$	364
Income before income taxes	$	132	$	91	$	305	$	302
Interest (income) expense, net	14		9		32		28
Net special items expense (income) (a)	4		16		7		34
Business Segment Operating Profit	$	150	$	116	$	344	$	364

(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 legal fees related to the Brazil Tax Dispute, a loss related to forest fires in Brazil, certain severance costs related to our salaried workforce, 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.