DIVESTITURES (Tables)

9 Months Ended

Sep. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following summarizes the major classes of line items comprising Earnings (Loss) Before Income Taxes and Equity Earnings reconciled to Discontinued operations, net of tax, related to the transfer of the North American Consumer Packaging business for all periods presented in the consolidated statement of operations:

	Three Months Ended September 30,		Nine Months Ended September 30,
In millions	2018		2018
Net Sales	$	—	$	—
Costs and Expenses
Selling and administrative expenses	—		25
(Gain) loss on transfer of business	—		(488		)
Earnings (Loss) Before Income Taxes and Equity Earnings	—		463
Income tax provision (benefit)	—		118
Discontinued Operations, Net of Taxes	$	—	$	345

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the provisional fair value assigned to assets and liabilities acquired as of June 28, 2019:

In millions
Cash and temporary investments	$	1
Accounts and notes receivable	23
Inventory	8
Plants, properties and equipment	28
Goodwill	48
Right of use assets	2
Total assets acquired	110
Accounts payable and accrued liabilities	20
Other current liabilities	1
Long-term debt	2
Postretirement and postemployment benefit obligation	3
Long-term lease obligations	2
Total liabilities assumed	28
Net assets acquired	$	82

The following summarizes the major classes of assets and liabilities of APPM reconciled to total Assets held for sale and total Liabilities held for sale in the accompanying consolidated balance sheet:

In millions	September 30, 2019
Cash and temporary investments	$	19
Accounts and notes receivable	16
Inventories	23
Other current assets	19
Plants, properties and equipment	195
Deferred charges and other assets	6
Total Assets Held for Sale	$	278
Accounts payable and accrued liabilities	$	18
Other current liabilities	22
Deferred income taxes	47
Other liabilities	1
Net impairment reserve	160
Total Liabilities Held for Sale	$	248