EQUITY METHOD INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2020

Graphic Packaging LLC [Member]

Schedule of Equity Method Investments [Line Items]

Equity Method Investments [Table Text Block]

Summarized financial information for GPIP is presented in the following tables:

Balance Sheet

In millions	June 30, 2020		December 31, 2019
Current assets	$	2,043	$	1,796
Noncurrent assets	5,615		5,482
Current liabilities	1,586		1,178
Noncurrent liabilities	3,459		3,244

Income Statement

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2020		2019		2020		2019
Net sales	$	1,611	$	1,553	$	3,210	$	3,059
Gross profit	262		288		583		554
Income from continuing operations	81		105		57		200
Net income	81		105		57		200

Ilim Holding

Schedule of Equity Method Investments [Line Items]

Equity Method Investments [Table Text Block]

Summarized financial information for Ilim is presented in the following tables:

Balance Sheet

In millions	June 30, 2020		December 31, 2019
Current assets	$	608	$	804
Noncurrent assets	2,676		2,813
Current liabilities	750		1,015
Noncurrent liabilities	2,006		1,844
Noncontrolling interests	17		16

Income Statement

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2020		2019		2020		2019
Net sales	$	494	$	594	$	976	$	1,213
Gross profit	210		304		405		640
Income from continuing operations	130		142		69		347
Net income	125		137		67		336