EQUITY (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Stockholders' Equity

A summary of the changes in equity for the three months and six months ended June 30, 2025 and 2024 is provided below:

	Three Months Ended June 30, 2025
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, April 1	$	627	$	14,350	$	9,038	$	(1,341)	$	4,582	$	18,092
Issuance of stock for various plans, net	—		24		—		—		(7)		31
Repurchase of stock	—		—		—		—		2		(2)
Common stock dividends ($0.4625 per share)	—		—		(248)		—		—		(248)
Comprehensive income (loss)	—		—		75		669		—		744
Ending Balance, June 30	$	627	$	14,374	$	8,865	$	(672)	$	4,577	$	18,617

	Six Months Ended June 30, 2025
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, January 1	$	449	$	4,732	$	9,393	$	(1,722)	$	4,679	$	8,173
Issuance of stock for various plans, net	—		(89)		—		—		(165)		76
Issuance of stock for DS Smith acquisition	178		9,731		—		—		—		9,909
Repurchase of stock	—		—		—		—		63		(63)
Common stock dividends ($0.9250 per share)	—		—		(498)		—		—		(498)
Comprehensive income (loss)	—		—		(30)		1,050		—		1,020
Ending Balance, June 30	$	627	$	14,374	$	8,865	$	(672)	$	4,577	$	18,617

	Three Months Ended June 30, 2024
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, April 1	$	449	$	4,663	$	9,386	$	(1,558)	$	4,683	$	8,257
Issuance of stock for various plans, net	—		25		—		—		(2)		27
Common stock dividends ($0.4625 per share)	—		—		(165)		—		—		(165)
Comprehensive income (loss)	—		—		498		(22)		—		476
Ending Balance, June 30	$	449	$	4,688	$	9,719	$	(1,580)	$	4,681	$	8,595

	Six Months Ended June 30, 2024
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, January 1	$	449	$	4,730	$	9,491	$	(1,565)	$	4,750	$	8,355
Issuance of stock for various plans, net	—		(42)		—		—		(91)		49
Repurchase of stock	—		—		—		—		22		(22)
Common stock dividends ($0.9250 per share)	—		—		(326)		—		—		(326)
Comprehensive income (loss)	—		—		554		(15)		—		539
Ending Balance, June 30	$	449	$	4,688	$	9,719	$	(1,580)	$	4,681	$	8,595