GOODWILL AND OTHER INTANGIBLES (Tables)

3 Months Ended

Mar. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill Balances [Table Text Block]

The following table presents changes in goodwill balances as allocated to each business segment for the three-month period ended March 31, 2016:

In millions	Industrial Packaging			Printing Papers				Consumer Packaging			Total
Balance as of January 1, 2016
Goodwill	$	3,325		$	2,124			$	1,664		$	7,113
Accumulated impairment losses (a)	(237		)	(1,877		)		(1,664		)	(3,778		)
	3,088			247				—			3,335
Reclassifications and other (b)	1			21				—			22
Additions/reductions	—			(3		)	(c)	—			(3		)
Balance as of March 31, 2016
Goodwill	3,326			2,142				1,664			7,132
Accumulated impairment losses (a)	(237		)	(1,877		)		(1,664		)	(3,778		)
Total	$	3,089		$	265			$	—		$	3,354

(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.

(c) Reflects a reduction from tax benefits generated by the deduction of goodwill amortization for tax purposes in Brazil.

Finite and Indefinite-Lived Intangible Assets [Table Text Block]

Identifiable intangible assets comprised the following:

	March 31, 2016				December 31, 2015
In millions	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships and lists	$	503	$	179	$	495	$	166
Non-compete agreements	70		59		69		56
Tradenames, patents and trademarks	61		55		61		54
Land and water rights	12		3		33		6
Software	23		21		22		20
Other	39		24		46		29
Total	$	708	$	341	$	726	$	331

Amortization Expense of Intangible Assets [Table Text Block]

The Company recognized the following amounts as amortization expense related to intangible assets:

	Three Months Ended March 31,
In millions	2016		2015
Amortization expense related to intangible assets	$	12	$	13