GOODWILL AND OTHER INTANGIBLES (Tables)

6 Months Ended

Jun. 30, 2021

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 six-months ended June 30, 2021:

In millions	Industrial Packaging			Global Cellulose Fibers		Printing Papers			Total
Balance as of January 1, 2021
Goodwill	$	3,410		$	52	$	1,966		$	5,428
Accumulated impairment losses	(296)			(52)		(1,765)			(2,113)
	3,114			—		201			3,315
Currency translation and other (a)	(2)			—		4			2
Goodwill additions/reductions	58		(b)	—		(58)		(b)	—
Accumulated impairment loss additions / reductions	—			—		—			—
Balance as of June 30, 2021
Goodwill	3,466			52		1,912			5,430
Accumulated impairment losses	(296)			(52)		(1,765)			(2,113)
Total	$	3,170		$	—	$	147		$	3,317

(a)Represents the effects of foreign currency translations.

(b)Represents Kwidzyn held for sale and Box Plant acquisitions in EMEA.

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

Identifiable intangible assets comprised the following: 

	June 30, 2021						December 31, 2020
In millions	Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets		Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets
Customer relationships and lists	$	544	$	311	$	233	$	542	$	294	$	248
Tradenames, patents and trademarks, and developed technology	170		124		46		170		117		53
Land and water rights	8		2		6		8		2		6
Software	18		17		1		25		24		1
Other	14		10		4		19		10		9
Total	$	754	$	464	$	290	$	764	$	447	$	317

Amortization Expense of Intangible Assets [Table Text Block]

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

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2021		2020		2021		2020
Amortization expense related to intangible assets	$	11	$	16	$	23	$	26