GOODWILL AND OTHER INTANGIBLES (Tables)

3 Months Ended

Mar. 31, 2023

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 three-months ended March 31, 2023:

In millions	Industrial Packaging		Global Cellulose Fibers		Total
Balance as of January 1, 2023
Goodwill	$	3,413	$	52	$	3,465
Accumulated impairment losses	(372)		(52)		(424)
	3,041		—		3,041
Currency translation and other (a)	1		—		1
Accumulated impairment loss additions / reductions	—		—		—
Balance as of March 31, 2023
Goodwill	3,414		52		3,466
Accumulated impairment losses	(372)		(52)		(424)
Total	3,042		—		3,042

(a)Represents the effects of foreign currency translations.

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

Identifiable intangible assets are recorded in Deferred Charges and Other Assets in the accompanying condensed consolidated balance sheet and comprised the following: 

	March 31, 2023						December 31, 2022
In millions	Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets		Gross Carrying Amount		Accumulated Amortization		Net Intangible Assets
Customer relationships and lists	$	492	$	312	$	180	$	490	$	303	$	187
Tradenames, patents and trademarks, and developed technology	170		148		22		170		146		24
Land and water rights	8		2		6		8		2		6
Other	21		18		3		23		20		3
Total	$	691	$	480	$	211	$	691	$	471	$	220

Amortization Expense of Intangible Assets [Table Text Block]

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

	Three Months Ended March 31,
In millions	2023		2022
Amortization expense related to intangible assets	$	9	$	11