EQUITY METHOD INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Equity Method Investments [Line Items]

Equity Method Investments [Table Text Block]

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

Balance Sheet

In millions	March 31, 2023		December 31, 2022
Current assets	$	717	$	766
Noncurrent assets	3,377		3,663
Current liabilities	1,365		1,275
Noncurrent liabilities	1,627		2,040
Noncontrolling interests	39		40

Income Statement

	Three Months Ended March 31,
In millions	2023		2022
Net sales	$	622	$	707
Gross profit	277		399
Income (loss) from continuing operations	84		182
Net income (loss)	80		177