INDUSTRY SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2022 and 2021 were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2022		2021		2022		2021
Industrial Packaging	$	4,385	$	4,111	$	13,282	$	12,071
Global Cellulose Fibers	887		740		2,385		2,015
Corporate and Intersegment Sales	130		63		361		191
Net Sales	$	5,402	$	4,914	$	16,028	$	14,277

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, 2022 and 2021 were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2022		2021		2022		2021
Industrial Packaging	$	369	$	414	$	1,326	$	1,224
Global Cellulose Fibers	95		76		71		(4)
Business Segment Operating Profits	$	464	490		$	1,397	1,220
Earnings (loss) from continuing operations before income taxes and equity earnings	$	313	$	397	$	1,189	$	955
Interest expense, net	123		82		266		261
Adjustment for less than wholly owned subsidiaries	(1)		(1)		(2)		(3)
Corporate expenses, net	15		13		54		85
Corporate net special items	62		49		34		70
Business net special items	—		—		—		5
Non-operating pension expense (income)	(48)		(50)		(144)		(153)
Business Segment Operating Profits	$	464	$	490	$	1,397	$	1,220