The following table presents changes in goodwill balances as allocated to each business segment for the six-month period ended June 30, 2015: | | | | | | | | | | | | | | | | | In millions | Industrial Packaging | | Printing Papers | | Consumer Packaging | | Total | Balance as of January 1, 2015 | | | | | | | | Goodwill | $ | 3,396 |
| | $ | 2,234 |
| | $ | 1,784 |
| | $ | 7,414 |
| Accumulated impairment losses (a) | (100 | ) | | (1,877 | ) | | (1,664 | ) | | (3,641 | ) | | 3,296 |
| | 357 |
| | 120 |
| | 3,773 |
| Reclassifications and other (b) | (35 | ) | | (44 | ) | | — |
| | (79 | ) | Additions/reductions | — |
| | (8 | ) | (c) | — |
| | (8 | ) | Balance as of June 30, 2015 | | | | | | | | Goodwill | 3,361 |
| | 2,182 |
| | 1,784 |
| | 7,327 |
| Accumulated impairment losses (a) | (100 | ) | | (1,877 | ) | | (1,664 | ) | | (3,641 | ) | Total | $ | 3,261 |
| | $ | 305 |
| | $ | 120 |
| | $ | 3,686 |
|
| | (a) | Represents accumulated goodwill impairment charges since the adoption of ASC 350, “Intangibles – Goodwill and Other” in 2002. |
| | (b) | Represents the effects of foreign currency translations and reclassifications. |
| | (c) | Reflects a reduction from tax benefits generated by the deduction of goodwill amortization for tax purposes in Brazil. |
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