INDUSTRY SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

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

Net sales by business segment for the three months and six months ended June 30, 2022 and 2021 were as follows: 

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2022		2021		2022		2021
Industrial Packaging	$	4,491	$	4,030	$	8,897	$	7,960
Global Cellulose Fibers	788		680		1,498		1,275
Corporate and Intersegment Sales	110		60		231		128
Net Sales	$	5,389	$	4,770	$	10,626	$	9,363

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

Operating profit (loss) by business segment for the three months and six months ended June 30, 2022 and 2021 were as follows: 

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2022		2021		2022		2021
Industrial Packaging	$	560	$	389	$	957	$	810
Global Cellulose Fibers	25		1		(24)		(80)
Business Segment Operating Profits	$	585	390		$	933	730
Earnings (loss) from continuing operations before income taxes and equity earnings	$	514	$	252	$	876	$	558
Interest expense, net	74		86		143		179
Noncontrolling interests adjustment	(1)		(1)		(1)		(2)
Corporate expenses, net	27		36		39		72
Corporate net special items	18		77		(28)		21
Business net special items	—		(9)		—		5
Non-operating pension expense (income)	(47)		(51)		(96)		(103)
Business Segment Operating Profits	$	585	$	390	$	933	$	730