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REVENUE RECOGNITION (Note)
 6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
Generally, the Company recognizes revenue on a point-in-time basis when the customer takes title to the goods and assumes the risks and rewards for the goods. For customized goods where the Company has a legally enforceable right to payment for the goods, the Company recognizes revenue over time which, generally, is as the goods are produced.

Disaggregated Revenue

A geographic disaggregation of revenues across our company segmentation in the following tables provides information to assist in evaluating the nature, timing and uncertainty of revenue and cash flows and how they may be impacted by economic factors.
Three Months Ended June 30, 2020
In millionsIndustrial PackagingGlobal Cellulose FibersPrinting PapersCorporate and Inter-segment SalesTotal
Primary Geographical Markets (a)
United States$3,065  $534  $263  $44  $3,906  
EMEA379  60  219  (6) 652  
Pacific Rim and Asia16  11  6  7  40  
Americas, other than U.S.173  —  95  —  268  
Total$3,633  $605  $583  $45  $4,866  
Operating Segments
North American Industrial Packaging$3,241  $—  $—  $—  $3,241  
EMEA Industrial Packaging297  —  —  —  297  
Brazilian Industrial Packaging42  —  —  —  42  
European Coated Paperboard84  —  —  —  84  
Global Cellulose Fibers—  605  —  —  605  
North American Printing Papers—  —  265  —  265  
Brazilian Papers—  —  108  —  108  
European Papers—  —  209  —  209  
Indian Papers—  —  —  —  —  
Intra-segment Eliminations(31) —  1  —  (30) 
Corporate & Inter-segment Sales—  —  45  45  
Total$3,633  $605  $583  $45  $4,866  

(a) Net sales are attributed to countries based on the location of the seller.
Six Months Ended June 30, 2020
In millionsIndustrial PackagingGlobal Cellulose FibersPrinting PapersCorporate and Inter-segment SalesTotal
Primary Geographical Markets (a)
United States$6,195  $1,028  $707  $102  $8,032  
EMEA819  116  521  (8) 1,448  
Pacific Rim and Asia28  29  14  10  81  
Americas, other than U.S.410  —  249  (2) 657  
Total$7,452  $1,173  $1,491  $102  $10,218  
Operating Segments
North American Industrial Packaging$6,596  $—  $—  $—  $6,596  
EMEA Industrial Packaging647  —  —  —  647  
Brazilian Industrial Packaging96  —  —  —  96  
European Coated Paperboard176  —  —  —  176  
Global Cellulose Fibers—  1,173  —  —  1,173  
North American Printing Papers—  —  711  —  711  
Brazilian Papers—  —  284  —  284  
European Papers—  —  496  —  496  
Indian Papers—  —  —  —  —  
Intra-segment Eliminations(63) —  —  —  (63) 
Corporate & Inter-segment Sales—  —  102  102  
Total$7,452  $1,173  $1,491  $102  $10,218  

(a) Net sales are attributed to countries based on the location of the seller.
Three Months Ended June 30, 2019
In millionsIndustrial PackagingGlobal Cellulose FibersPrinting PapersCorporate & IntersegmentTotal
Primary Geographical Markets (a)
United States$3,205  $551  $474  $58  $4,288  
EMEA420  64  341  (5) 820  
Pacific Rim and Asia12  46  61  2  121  
Americas, other than U.S.227  —  212  (1) 438  
Total$3,864  $661  $1,088  $54  $5,667  
Operating Segments
North American Industrial Packaging$3,414  $—  $—  $—  $3,414  
EMEA Industrial Packaging331  —  —  —  331  
Brazilian Industrial Packaging58  —  —  —  58  
European Coated Paperboard92  —  —  —  92  
Global Cellulose Fibers—  661  —  —  661  
North American Printing Papers—  —  486  —  486  
Brazilian Papers—  —  240  —  240  
European Papers—  —  321  —  321  
Indian Papers—  —  53  —  53  
Intra-segment Eliminations(31) —  (12) —  (43) 
Corporate & Inter-segment Sales—  —  —  54  54  
Total$3,864  $661  $1,088  $54  $5,667  

(a) Net sales are attributed to countries based on the location of the seller.

Six Months Ended June 30, 2019
In millionsIndustrial PackagingGlobal Cellulose FibersPrinting PapersCorporate & IntersegmentTotal
Primary Geographical Markets (a)
United States$6,351  $1,121  $962  $118  $8,552  
EMEA848  145  671  (7) 1,657  
Pacific Rim and Asia30  84  120  6  240  
Americas, other than U.S.467  —  400  (6) 861  
Total$7,696  $1,350  $2,153  $111  $11,310  
Operating Segments
North American Industrial Packaging$6,790  $—  $—  $—  $6,790  
EMEA Industrial Packaging670  —  —  —  670  
Brazilian Industrial Packaging115  —  —  —  115  
European Coated Paperboard183  —  —  —  183  
Global Cellulose Fibers—  1,350  —  —  1,350  
North American Printing Papers—  —  982  —  982  
Brazilian Papers—  —  455  —  455  
European Papers—  —  630  —  630  
Indian Papers—  —  106  —  106  
Intra-segment Eliminations(62) —  (20) —  (82) 
Corporate & Inter-segment Sales—  —  —  111  111  
Total$7,696  $1,350  $2,153  $111  $11,310  
(a) Net sales are attributed to countries based on the location of the seller.

Revenue Contract Balances

A contract asset is created when the Company recognizes revenue on its customized products prior to having an unconditional right to payment from the customer, which generally does not occur until title and risk of loss passes to the customer.

A contract liability is created when customers prepay for goods prior to the Company transferring those goods to the customer. The contract liability is reduced once control of the goods is transferred to the customer. The majority of our customer prepayments are received during the fourth quarter each year for goods that will be transferred to customers over the following twelve months. Contract liabilities of $26 million and $56 million are included in Other current liabilities in the accompanying condensed consolidated balance sheet as of June 30, 2020 and December 31, 2019, respectively.

The difference between the opening and closing balances of the Company's contract assets and contract liabilities primarily results from the difference between the price and quantity at comparable points in time for goods for which we have an unconditional right to payment or receive pre-payment from the customer, respectively.