INDUSTRY SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023 and 2022 were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2023		2022		2023		2022
Industrial Packaging	$	3,787	$	4,385	$	11,754	$	13,282
Global Cellulose Fibers	725		887		2,234		2,385
Corporate and Intersegment Sales	101		130		327		361
Net Sales	$	4,613	$	5,402	$	14,315	$	16,028

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, 2023 and 2022 were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2023		2022		2023		2022
Industrial Packaging	$	325	$	369	$	951	$	1,326
Global Cellulose Fibers	27		95		41		71
Business Segment Operating Profit (Loss)	$	352	464		$	992	$	1,397
Earnings (loss) from continuing operations before income taxes and equity earnings	$	232	$	313	$	708	$	1,189
Interest expense, net	58		123		179		266
Adjustment for less than wholly owned subsidiaries	—		(1)		—		(2)
Corporate expenses, net	20		15		36		54
Corporate net special items	29		62		29		34
Non-operating pension expense (income)	13		(48)		40		(144)
Business Segment Operating Profit (Loss)	$	352	$	464	$	992	$	1,397