GOODWILL AND OTHER INTANGIBLES (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill Balances [Table Text Block]

The following table presents changes in goodwill balances as allocated to each business segment for the nine-months ended September 30, 2020: 

In millions	Industrial Packaging		Global Cellulose Fibers		Printing Papers		Total
Balance as of January 1, 2020
Goodwill	$	3,410	$	52	$	1,998	$	5,460
Accumulated impairment losses	(296)		(52)		(1,765)		(2,113)
	3,114		—		233		3,347
Currency translation and other (a)	1		—		(45)		(44)
Goodwill additions/reductions	1		—		—		1
Accumulated impairment loss additions / reductions	—		—		—		—
Balance as of September 30, 2020
Goodwill	3,412		52		1,953		5,417
Accumulated impairment losses	(296)		(52)		(1,765)		(2,113)
Total	$	3,116	$	—	$	188	$	3,304

(a)Represents the effects of foreign currency translations.

Finite and Indefinite-Lived Intangible Assets [Table Text Block]

Identifiable intangible assets comprised the following: 

	September 30, 2020						December 31, 2019
In millions	Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets		Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets
Customer relationships and lists	$	534	$	280	$	254	$	560	$	275	$	285
Tradenames, patents and trademarks, and developed technology	170		113		57		170		102		68
Land and water rights	8		2		6		8		2		6
Software	25		25		—		26		25		1
Other	19		10		9		18		10		8
Total	$	756	$	430	$	326	$	782	$	414	$	368

Amortization Expense of Intangible Assets [Table Text Block]

The Company recognized the following amounts as amortization expense related to intangible assets: 

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions	2020		2019		2020		2019
Amortization expense related to intangible assets	$	17	$	15	$	43	$	40