Discontinued Operations and Disposal Groups (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations - Income Statement

The following summarizes the major classes of line items comprising Earnings (Loss) Before Income Taxes and Equity Earnings reconciled to Discontinued Operations, net of tax, related to the Sylvamo businesses and Kwidzyn for the year ended December 31, 2021 presented in the consolidated statement of operations:

In millions	2021
Net Sales	$	2,417
Costs and Expenses
Cost of products sold	1,508
Selling and administrative expenses	224
Depreciation, amortization and cost of timber harvested	113
Distribution expenses	229
Taxes other than payroll and income taxes	24
Net (gains) losses on sales of fixed assets	(86)
Net (gains) losses on sales and impairments of businesses	(351)
Interest expense, net	(19)
Earnings (Loss) Before Income Taxes and Equity Earnings	775
Income tax provision (benefit)	145
Discontinued Operations, Net of Taxes	$	630

Disposal Group, Including Discontinued Operations - Cash Flow

The following summarizes the total cash provided by operations and total cash used for investing activities related to the Sylvamo Corporation businesses and Kwidzyn and included in the consolidated statement of cash flows:

In millions	2021
Cash Provided by (Used For) Operating Activities	$	290
Cash Provided by (Used For) Investment Activities	$	757