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SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2025
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 as of December 31 
20252024
Accounts and notes receivable:
Trade
$399 $402 
Notes and other
25 27 
Total
$424 $429 
Schedule of Inventories
INVENTORIES
In millions as of December 31
20252024
Raw materials
$69 $56 
Finished paper and pulp products
217 178 
Operating supplies
122 107 
Other
10 20 
Total
$418 $361 
Schedule of Plants, Properties and Equipment, net
PLANTS, PROPERTIES AND EQUIPMENT, NET
In millions as of December 31
20252024
Land
$10 $9 
Buildings
401 362 
Machinery
4,391 4,090 
Construction in progress
140 92 
Capital leases
40 37 
Gross cost
4,982 4,590 
Less: Accumulated depreciation
3,935 3,646 
Plants, Properties and Equipment, net
$1,047 $944 
Supplier Finance Program
The following table presents supplier finance program obligations confirmed and paid for the year ended December 31, 2025:

In millions
Confirmed obligations outstanding at December 31, 2024$— 
Invoiced confirmed during the year8 
Confirmed invoices paid during the year(5)
Confirmed obligations outstanding at December 31, 2025$3 
Schedule of Interest Expense
Amounts related to interest were as follows:

In millions
202520242023
Interest expense (a)
$49 $57 $64 
Interest income (b)
(6)(14)(26)
Capitalized interest costs(4)(4)(4)
Total$39 $39 $34 
(a)     Interest expense for 2024 includes $5 million of debt extinguishment cost related to the third quarter debt refinancing. Interest expense for 2023 includes $5 million of debt extinguishment cost related to the tender offer for our 7.00% 2029 Senior Notes.
(b)    Interest income for 2023 includes $9 million of interest income related to tax settlements and $4 million of interest income related to the recognition of a foreign value-added tax refund in Brazil.