Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Equity Method Investments [Line Items]

GPI Transactions table text block [Table Text Block]

Date	Transaction Type	Units	Proceeds		Pre-Tax Gain		After-Tax Gain
In millions except units
2021 First Quarter	Units exchange and open market sale	24,588,316	$	397	$	33	$	25
2021 First Quarter	TRA (a)				42		31
2021 Second Quarter	Units exchange and open market sale	22,773,077	403		64		48
2021 Second Quarter	TRA (a)				66		50

(a)    The tax receivable agreement ("TRA") entitles the Company to 50% of the amount of any tax benefits projected to be realized by GPIP upon the Company's exchange of its units. The Company made income tax payments of $310 million in 2021 as a result of the monetization of its investment in GPIP.

Ilim Transactions Table Tex Block [Table Text Block]

The following summarizes the items comprising Equity Earnings, Impairment Charges, Tax Expense (Benefit), Discontinued Operations and Dividends related to the sale of our equity interest in Ilim:

In millions	Equity Earnings		Impairment Charges		Tax Expense (Benefit)		Discontinued Operations, net of tax (a)		Dividends
Twelve Months Ended December 31, 2022	$	296	$	533	$	—	$	(237)	$	204
Twelve Months Ended December 31, 2023	$	112	$	135	$	(9)	$	(14)	$	13

(a)    Discontinued operations, net of tax is Equity Earnings less Impairment Charges and Tax Expense (Benefit).