INDUSTRY SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment [Table Text Block]

Net sales by business segment for the three months and nine months ended September 30, 2020 and 2019 were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2020		2019		2020		2019
Industrial Packaging	$	3,768	$	3,820	$	11,220	$	11,516
Global Cellulose Fibers	564		624		1,737		1,974
Printing Papers	743		1,071		2,234		3,224
Corporate and Intersegment Sales	48		53		150		164
Net Sales	$	5,123	$	5,568	$	15,341	$	16,878

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

Operating profit (loss) by business segment for the three months and nine months ended September 30, 2020 and 2019 were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2020		2019		2020		2019
Industrial Packaging	$	469	$	535	$	1,388	$	1,471
Global Cellulose Fibers	(59)		4		(123)		39
Printing Papers	63		162		148		420
Business Segment Operating Profits	$	473	$	701	$	1,413	$	1,930
Earnings (loss) before income taxes and equity earnings	$	282	$	452	$	527	$	1,204
Interest expense, net	112		123		345		378
Noncontrolling interests adjustment	—		2		—		4
Corporate expenses, net	(20)		21		9		45
Corporate net special items	108		48		195		48
Business net special items	2		46		368		224
Non-operating pension expense (income)	(11)		9		(31)		27
Business Segment Operating Profits	$	473	$	701	$	1,413	$	1,930