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GOODWILL AND OTHER INTANGIBLES (Note)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles [Note Text Block]
GOODWILL AND OTHER INTANGIBLES
Goodwill
The following table presents changes in goodwill balances as allocated to each business segment for the nine-month period ended September 30, 2015: 
In millions
Industrial
Packaging
 
Printing
Papers
 
Consumer
Packaging
 
Total
Balance as of January 1, 2015
 
 
 
 
 
 
 
Goodwill
$
3,396

  
$
2,234

  
$
1,784

 
$
7,414

Accumulated impairment losses (a)
(100
)
  
(1,877
)
 
(1,664
)
 
(3,641
)
 
3,296

  
357

  
120

 
3,773

Reclassifications and other (b)
(73
)
 
(96
)
 
(120
)
 
(289
)
Additions/reductions
(1
)
 
(11
)
(c) 

 
(12
)
Balance as of September 30, 2015
 
 
 
 
 
 
 
Goodwill
3,322

  
2,127

  
1,664

 
7,113

Accumulated impairment losses (a)
(100
)
  
(1,877
)
 
(1,664
)
 
(3,641
)
Total
$
3,222

  
$
250

  
$

 
$
3,472

 
(a)
Represents accumulated goodwill impairment charges since the adoption of ASC 350, “Intangibles – Goodwill and Other” in 2002.
(b)
Represents the effects of foreign currency translations and reclassifications as well as a reclassification to Assets held for sale of $117 million in Consumer Packaging due to the pending sale of our equity interest in IP-Sun JV.
(c)
Reflects a reduction from tax benefits generated by the deduction of goodwill amortization for tax purposes in Brazil.


Other Intangibles
Identifiable intangible assets comprised the following: 
 
September 30, 2015
 
December 31, 2014
In millions
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Customer relationships and lists
$
494

 
$
156

 
$
561

 
$
157

Non-compete agreements
70

 
55

 
74

 
53

Tradenames, patents and trademarks
60

 
51

 
61

 
44

Land and water rights
32

 
5

 
81

 
9

Fuel and power agreements
5

 
3

 
5

 
3

Software
21

 
20

 
23

 
22

Other
40

 
23

 
43

 
21

Total
$
722

 
$
313

 
$
848

 
$
309


The Company recognized the following amounts as amortization expense related to intangible assets: 
 
Three Months Ended
September 30
 
Nine Months Ended
September 30,
In millions
2015
 
2014
 
2015
 
2014
Amortization expense related to intangible assets
$
16

 
$
19

 
$
45

 
$
55