GOODWILL AND OTHER INTANGIBLES (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022:

In millions	Industrial Packaging		Global Cellulose Fibers		Total
Balance as of January 1, 2022
Goodwill	$	3,426	$	52	$	3,478
Accumulated impairment losses	(296)		(52)		(348)
	3,130		—		3,130
Currency translation and other (a)	(6)		—		(6)
Goodwill additions/reductions	—		—		—
Accumulated impairment loss additions / reductions	—		—		—
Balance as of June 30, 2022
Goodwill	3,420		52		3,472
Accumulated impairment losses	(296)		(52)		(348)
Total	$	3,124	$	—	$	3,124

(a)Represents the effects of foreign currency translations.

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

Identifiable intangible assets are recorded in Deferred Charges and Other Assets in the accompanying condensed consolidated balance sheet and comprised the following: 

	June 30, 2022						December 31, 2021
In millions	Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets		Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets
Customer relationships and lists	$	490	$	288	$	202	$	493	$	273	$	220
Tradenames, patents and trademarks, and developed technology	170		139		31		170		131		39
Land and water rights	8		2		6		8		2		6
Other	22		20		2		24		21		3
Total	$	690	$	449	$	241	$	695	$	427	$	268

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	2022		2021		2022		2021
Amortization expense related to intangible assets	$	11	$	11	$	22	$	22