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INDUSTRY SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment [Table Text Block]
Sales by business segment for the three months and nine months ended September 30, 2016 and 2015 were as follows: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
In millions
2016
 
2015
 
2016
 
2015
 
Industrial Packaging
$
3,582

 
$
3,642

 
$
10,631

 
$
10,889

 
Printing Papers
1,266

 
1,258

 
3,721

 
3,735

 
Consumer Packaging
494

 
809

 
1,490

 
2,384

 
Corporate and Intersegment Sales
(76
)
 
(18
)
 
(144
)
 
(86
)
 
Net Sales
$
5,266

 
$
5,691

 
$
15,698

 
$
16,922

 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Operating profit by business segment for the three months and nine months ended September 30, 2016 and 2015 were as follows: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
In millions
2016
 
2015
 
2016
 
2015
 
Industrial Packaging
$
424

(a)
$
553


$
1,279

(a)
$
1,549

 
Printing Papers
128

(b)
179


309

(b)
389

 
Consumer Packaging
61

 
(153
)
(d)
150

(c)
(60
)
(d)
Business Segment Operating Profit
613

  
579

  
1,738

 
1,878

 
 
 
 
 
 
 
 
 
 
Earnings (loss) from continuing operations before income taxes and equity earnings
$
373

 
$
329

 
$
676

 
$
1,001

 
Interest expense, net
132

 
141

 
384

 
422

 
Noncontrolling interests/equity earnings adjustment (f)
1

  
6

  
1

  
10

 
Corporate items, net
11

 
10

 
58

 
27

 
Restructuring and other charges
54

 
17

 
46

 
220

 
Non-operating pension expense
42

 
76

 
573

(e)
198

 
Adjusted Operating Profit
$
613

  
$
579

  
$
1,738

 
$
1,878

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

 
$
(9
)
  
$
154

  
$
97

 
 
(a)
Includes charges of $5 million and $70 million for the three months and nine months ended September 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 charges of $7 million and $12 million for the three months and nine months ended September 30, 2016 for costs associated with the announced agreement to purchase the Weyerhaeuser Pulp business.
(c)
Includes a charge of $9 million for the nine months ended September 30, 2016 for costs associated with the Riegelwood mill conversion to 100% pulp production.
(d)
Includes a charge of $186 million for the three months and nine months ended September 30, 2015 for asset write-offs associated with the sale of our 55% equity share in the IP-Sun JV, a net expense of $7 million and a net gain of $7 million for the three months and nine months ended September 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 charges of $1 million and $2 million for the three months and nine months ended September 30, 2015 for costs associated with the Coated Paperboard sheet plant closures.
(e)
Includes a charge of $439 million for the nine months ended September 30, 2016 for a settlement accounting charge associated with term-vested lump sum payments.
(f)
Operating profits for business 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.