RESTRUCTURING AND OTHER CHARGES (Tables)

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

During the three months ended June 30, 2015, restructuring and other charges totaling $194 million before taxes were recorded. Details of these charges were as follows:

	Three Months Ended June 30, 2015
In millions
Early debt extinguishment costs	$	207
Sales of Carolina Coated Bristols brand net of Riegelwood mill conversion costs	(14		)
Other	1
Total	$	194

During the three months ended September 30, 2015, restructuring and other charges totaling $25 million before taxes were recorded. Details of these charges were as follows:

	Three Months Ended September 30, 2015
In millions
Timber monetization restructuring	$	17
Sales of Carolina Coated Bristols brand net of Riegelwood mill conversion costs	7
Other	1
Total	$	25

During the three months ended September 30, 2016, restructuring and other charges totaling $46 million before taxes were recorded. Details of these charges were as follows:

	Three Months Ended September 30, 2016
In millions
Early debt extinguishment costs	$	29
India packaging evaluation write-off	17
Total	$	46

During the three months ended March 31, 2016, restructuring and other charges totaling $1 million before taxes were recorded. Details of these charges were as follows:

	Three Months Ended March 31, 2016
In millions
Gain on sale of investment in Arizona Chemical	$	(8	)
Riegelwood mill conversion costs	9
Total	$	1