GOODWILL AND OTHER INTANGIBLES (Tables)

9 Months Ended

Sep. 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 nine-months ended September 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)	(5)			—		(8)			(13)
Goodwill additions/reductions	29		(b)	—		(57)		(c)	(28)
Accumulated impairment loss additions / reductions	—			—		—			—
Balance as of September 30, 2021
Goodwill	3,434			52		1,901			5,387
Accumulated impairment losses	(296)			(52)		(1,765)			(2,113)
Total	$	3,138		$	—	$	136		$	3,274

(a)Represents the effects of foreign currency translations.

(b)Reflects the box plant acquisitions in EMEA.

(c)Reflects the Kwidzyn sale.

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

Identifiable intangible assets comprised the following: 

	September 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	$	552	$	314	$	238	$	542	$	294	$	248
Tradenames, patents and trademarks, and developed technology	170		128		42		170		117		53
Land and water rights	8		2		6		8		2		6
Software	17		17		—		25		24		1
Other	14		10		4		19		10		9
Total	$	761	$	471	$	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 September 30,				Nine Months Ended September 30,
In millions	2021		2020		2021		2020
Amortization expense related to intangible assets	$	12	$	17	$	35	$	43