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EQUITY METHOD INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2021
Schedule of Equity Method Investments [Line Items]  
GPI Transactions table text block
DateTransaction TypeUnitsProceedsPre-tax GainAfter-Tax Gain
In millions except units
2020 First QuarterUnits exchange15,150,784$250 $33 $25 
2020 Third QuarterUnits exchange17,399,414250 — — 
2021 First QuarterUnits exchange and open market sale24,588,316397 33 25 
2021 First QuarterTRA (a)41 31 
2021 Second QuarterUnits exchange and open market sale22,773,077402 64 48 
2021 Second QuarterTRA (a)66 50 

(a) The TRA entitles the Company to 50% of the amount of any tax benefits projected to be realized by GPIP upon the Company's exchange of its units. This amount is recorded in other receivables and is expected to be received within the next 12 months.
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 millionsJune 30, 2021December 31, 2020
Current assets$815 $739 
Noncurrent assets2,961 2,733 
Current liabilities508 674 
Noncurrent liabilities2,650 2,249 
Noncontrolling interests26 17 

Income Statement
Three Months Ended
June 30,		Six Months Ended
June 30,
In millions2021202020212020
Net sales$733 $494 $1,264 $976 
Gross profit410 210 658 405 
Income (loss) from continuing operations205 130 308 69 
Net income (loss)199 125 299 67