SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION Footnote

3 Months Ended

Mar. 31, 2017

Disclosure Text Block Supplement [Abstract]

Supplemental Financial Statement Information [Note Text Block]

NOTE 9 - SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION

Temporary Investments

Temporary investments with an original maturity of three months or less are treated as cash equivalents and are stated at cost. Temporary investments totaled $727 million and $757 million at March 31, 2017 and December 31, 2016, respectively.

Accounts and Notes Receivable

In millions	March 31, 2017		December 31, 2016
Accounts and notes receivable, net:
Trade	$	2,832	$	2,759
Other	246		242
Total	$	3,078	$	3,001

The allowance for doubtful accounts was $72 million and $70 million at March 31, 2017 and December 31, 2016, respectively.

Inventories

In millions	March 31, 2017		December 31, 2016
Raw materials	$	293	$	296
Finished pulp, paper and packaging	1,382		1,381
Operating supplies	623		661
Other	96		100
Total	$	2,394	$	2,438

Depreciation

Accumulated depreciation was $22.0 billion and $21.6 billion at March 31, 2017 and December 31, 2016. Depreciation expense was $324 million and $267 million for the three months ended March 31, 2017 and 2016, respectively.

Interest

Interest payments made during the three months ended March 31, 2017 and 2016 were $212 million and $136 million, respectively.

Amounts related to interest were as follows:

	Three Months Ended March 31,
In millions	2017		2016
Interest expense	$	187	$	160
Interest income	45		37
Capitalized interest costs	6		7