GOODWILL AND OTHER INTANGIBLES (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill Balances [Table Text Block]

The following table presents changes in goodwill balances as allocated to each business segment for the six-months ended June 30, 2020: 

In millions	Industrial Packaging			Global Cellulose Fibers		Printing Papers		Total
Balance as of January 1, 2020
Goodwill	$	3,410		$	52	$	1,998	$	5,460
Accumulated impairment losses	(296)			(52)		(1,765)		(2,113)
	3,114			—		233		3,347
Currency translation and other (a)	(2)			—		(43)		(45)
Goodwill additions/reductions	2		(b)	—		—		2
Accumulated impairment loss additions / reductions	—			—		—		—
Balance as of June 30, 2020
Goodwill	3,410			52		1,955		5,417
Accumulated impairment losses	(296)			(52)		(1,765)		(2,113)
Total	$	3,114		$	—	$	190	$	3,304

(a)Represents the effects of foreign currency translations.

(b)Reflects the goodwill for the acquisitions of Industrial Packaging box plants in EMEA.

Finite and Indefinite-Lived Intangible Assets [Table Text Block]

Identifiable intangible assets comprised the following: 

	June 30, 2020						December 31, 2019
In millions	Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets		Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets
Customer relationships and lists	$	534	$	272	$	262	$	560	$	275	$	285
Tradenames, patents and trademarks, and developed technology	170		109		61		170		102		68
Land and water rights	8		2		6		8		2		6
Software	25		24		1		26		25		1
Other	17		10		7		18		10		8
Total	$	754	$	417	$	337	$	782	$	414	$	368

Amortization Expense of Intangible Assets [Table Text Block]

The Company recognized the following amounts as amortization expense related to intangible assets: 

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2020		2019		2020		2019
Amortization expense related to intangible assets	$	16	$	13	$	26	$	25