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INDUSTRY SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment [Table Text Block]
Sales by industry segment for the three months and six months ended June 30, 2016 and 2015 were as follows: 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
In millions
2016
 
2015
 
2016
 
2015
 
Industrial Packaging
$
3,597

 
$
3,694

 
$
7,049

 
$
7,247

 
Printing Papers
1,271

 
1,249

 
2,455

 
2,477

 
Consumer Packaging
501

 
797

 
996

 
1,575

 
Corporate and Intersegment Sales
(47
)
 
(26
)
 
(68
)
 
(68
)
 
Net Sales
$
5,322

 
$
5,714

 
$
10,432

 
$
11,231

 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Operating profit by industry segment for the three months and six months ended June 30, 2016 and 2015 were as follows: 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
In millions
2016
 
2015
 
2016
 
2015
 
Industrial Packaging
$
459

(a)
$
528


$
855

(a)
$
996

 
Printing Papers
96

(b)
101


181

(b)
210

 
Consumer Packaging
73

 
47

(d)
89

(c)
93

(d)
Operating Profit
628

  
676

  
1,125

 
1,299

 
Interest expense, net
(129
)
 
(144
)
 
(252
)
 
(281
)
 
Noncontrolling interests/equity earnings adjustment (e)

  
(5
)
  

  
(4
)
 
Corporate items, net
(26
)
 
(8
)
 
(47
)
 
(17
)
 
Restructuring and other charges

 
(203
)
 
8

 
(203
)
 
Non-operating pension expense
(487
)
(f)
(50
)
 
(531
)
(f)
(122
)
 
Earnings (loss) from continuing operations before income taxes and equity earnings
$
(14
)
  
$
266

  
$
303

 
$
672

 
Equity earnings (loss), net of taxes – Ilim
$
46

 
$
67

  
$
108

  
$
106

 
 
(a)
Includes charges of $28 million for the three months ended June 30, 2016 and $65 million for the six months ended June 30, 2016 for the impairment of the assets of our Asia corrugated packaging business in Asia and costs associated with the sale of the business.
(b)
Includes a charge of $5 million for the three months and six months ended June 30, 2016 for costs associated with the announced agreement to purchase the Weyerhaeuser Pulp business.
(c)
Includes a charge of $9 million for the six months ended June 30, 2016 for costs associated with the Riegelwood mill conversion to 100% pulp production.
(d)
Includes a net gain of $14 million for the three months and six months ended June 30, 2015 related to the sale of the Carolina Coated Bristols brand, and costs associated with the Riegelwood mill conversion to 100% pulp production, and a charge of $1 million for the three months and six months ended June 30, 2015 for costs associated with the Coated Paperboard sheet plant closures.
(e)
Operating profits for industry segments include each segment's percentage share of the profits of subsidiaries included in that segment that are less than wholly owned. The pre-tax noncontrolling interest and equity earnings for these subsidiaries are adjusted here to present consolidated earnings before income taxes and equity earnings.
(f)
Includes a charge of $439 million for the three months and six months ended June 30, 2016 for a settlement accounting charge associated with term-vested lump sum payments.