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Summary Of Business And Significant Accounting Policies Impact on Consolidated Balance Sheet Due to Elimination of One Quarter Reporting Lag for Ilim (Tables)
 12 Months Ended
Dec. 31, 2012
Impact on Consolidated Statement of Operations Due to Elimination of One Quarter Reporting Lag for Ilim
The elimination of the one-quarter reporting lag for Ilim had the following impact:
Consolidated Statement of Operations
In millions
 
2011

 
2010

Equity earnings (loss), net of taxes
 
$
(19
)
 
$
47

Earnings (loss) from continuing operations
 
(19
)
 
47

Net earnings (loss) attributable to International Paper Company
 
(19
)
 
47

Basic earnings (loss) per share from continuing operations
 
(0.04
)
 
0.11

Basic net earnings (loss) per share
 
(0.04
)
 
0.11

Diluted earnings (loss) per share from continuing operations
 
(0.04
)
 
0.11

Diluted net earnings (loss) per share
 
(0.04
)
 
0.11
Schedule Of Impact On Consolidated Balance Sheet Due To New Accounting Pronouncements And Changes In Accounting Principles Table
Consolidated Balance Sheet
In millions at December 31
 
2011

Investments
 
$
25

Retained earnings
 
25