XML 46 R34.htm IDEA: XBRL DOCUMENT
v3.21.2

RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | Related party receivable consists of the following:
In millions |  | September 30, 2021 |  | December 31, 2020
Due from Parent cash pool |  | $ | — |  |  | $ | 202 |
Professional services provided to Parent / other |  | 25 |  |  | 19 |
Total |  | $ | 25 |  |  | $ | 221 |
Related party payable consists of the following:
In millions |  | September 30, 2021 |  | December 31, 2020
Inventory purchases |  | $ | 96 |  |  | $ | 16 |
Other |  | 14 |  |  | 9 |
Total |  | $ | 110 |  |  | $ | 25 |
The components of the net transfers (to) from International Paper are as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
In millions |  | 2021 |  | 2020 |  | 2021 |  | 2020
General financing activities |  | $ | (522) |  |  | $ | (63) |  |  | $ | (601) |  |  | $ | (310) |
Corporate allocations |  | 32 |  |  | 37 |  |  | 112 |  |  | 109 |
Stock-based compensation |  | 3 |  |  | 4 |  |  | 10 |  |  | 11 |
Total net transfers (to) from Parent |  | $ | (487) |  |  | $ | (22) |  |  | $ | (479) |  |  | $ | (190) |

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration