Discontinued Operations and Disposal Groups (Tables)

3 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations - Income Statement

The following summarizes the major classes of line items comprising Earnings (Loss) Before Income Taxes and Equity Earnings reconciled to Discontinued Operations, net of tax, related to the Sylvamo Corporation businesses and Kwidzyn for the three months ended March 31, 2021 in the condensed consolidated statement of operations:

In millions	Three Months Ended  March 31, 2021
Net Sales	$	770
Costs and Expenses
Cost of products sold	499
Selling and administrative expenses	59
Depreciation, amortization and cost of timber harvested	41
Distribution expenses	70
Taxes other than payroll and income taxes	8
Earnings (Loss) Before Income Taxes and Equity Earnings	93
Income tax provision (benefit)	11
Discontinued Operations, Net of Taxes	$	82

Disposal Group, Including Discontinued Operations - Cash Flow

The following summarizes the total cash provided by operations and total cash used for investing activities related to the Sylvamo Corporation businesses and Kwidzyn and included in the condensed consolidated statement of cash flows for the three months ended March 31, 2021:

In millions	Three Months Ended March 31, 2021
Cash Provided by (Used For) Operating Activities	$	79
Cash Provided by (Used For) Investment Activities	$	(19)