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VARIABLE INTEREST ENTITIES AND PREFERRED SECURITIES OF SUBSIDIARIES (Tables)
 9 Months Ended
Sep. 30, 2013
Entities [Member]
  
Activity Between Company And Entities [Table Text Block]
Activity between the Company and the Entities was as follows: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
In millions
2013
 
2012
 
2013
 
2012
Revenue (a)
$
11

 
$
15

 
$
35

 
$
35

Expense (a)
20

 
28

 
61

 
68

Cash receipts (b)
14

 
21

 
33

 
36

Cash payments (c)
39

 
47

 
84

 
87

 
(a)
The net expense related to the Company’s interest in the Entities is included in the accompanying consolidated statement of operations, as International Paper has and intends to affect its legal right to offset as discussed above.
(b)
The cash receipts are equity distributions from the Entities to International Paper.
(c)
The semi-annual payments are related to interest on the associated debt obligations discussed above.
2007 Financing Entities [Member]
  
Activity Between Company And Entities [Table Text Block]
Activity between the Company and the 2007 financing entities was as follows: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
In millions
2013
 
2012
 
2013
 
2012
Revenue (a)
$
6

 
$
15

 
$
20

 
$
21

Expense (b)
7

 
11

 
22

 
20

Cash receipts (c)
2

 
3

 
6

 
10

Cash payments (d)
5

 
6

 
16

 
16

 
(a)
The revenue is included in Interest expense, net in the accompanying consolidated statement of operations and includes approximately $5 million and $14 million for the three months and nine months ended September 30, 2013, respectively, and $12 million for the three months and nine months ended September 30, 2012, respectively, of accretion income for the amortization of the purchase accounting adjustment on the Financial assets of special purpose entities.
(b)
The expense is included in Interest expense, net in the accompanying consolidated statement of operations and includes approximately $2 million and $5 million for the three months and nine months ended September 30, 2013, respectively, and $5 million for the three months and nine months ended September 30, 2012, respectively, of accretion expense for the amortization of the purchase accounting adjustment on the Nonrecourse financial liabilities of special purpose entities.
(c)
The cash receipts are interest received on the Financial assets of special purpose entities.
(d)
The cash payments are interest paid on Nonrecourse financial liabilities of special purpose entities.