XML 45 R72.htm IDEA: XBRL DOCUMENT v2.4.0.8
VARIABLE INTEREST ENTITIES AND PREFERRED SECURITIES OF SUBSIDIARIES (Narrative) (Details) (USD $)
1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 9 Months Ended 5 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended
Oct. 31, 2007
acre
Sep. 30, 2013
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Dec. 31, 2007
Oct. 31, 2007
Variable Interest Entity, Not Primary Beneficiary [Member]
Dec. 31, 2006
Variable Interest Entity, Not Primary Beneficiary [Member]
Sep. 30, 2013
Variable Interest Entity, Not Primary Beneficiary [Member]
Class B Interests In Entities [Member]
Dec. 31, 2012
Variable Interest Entity, Not Primary Beneficiary [Member]
Class B Interests In Entities [Member]
Dec. 31, 2006
Variable Interest Entity, Not Primary Beneficiary [Member]
Class B Interests In Entities [Member]
Sep. 30, 2013
Timber Notes [Member]
Dec. 31, 2006
Timber Notes [Member]
acre
Jun. 21, 2012
Timber Notes [Member]
B N P Paribas [Member]
Oct. 07, 2011
Timber Notes [Member]
Royal Bank Of Scotland Group Plc [Member]
Sep. 30, 2013
2007 Financing Entities [Member]
Mar. 27, 2013
Preferred Securities Of Subsidiaries [Member]
Mar. 30, 2003
Preferred Securities Of Subsidiaries [Member]
acre
May 31, 2002
2002 Financing Entities [Member]
Variable Interest Entity, Not Primary Beneficiary [Member]
Sep. 30, 2012
Financial Assets [Member]
Sep. 30, 2012
Financial Liabilities [Member]
Jun. 30, 2012
Barclays Private Limited Company [Member]
Two Thousand Seven Monetized Notes [Member]
Jun. 21, 2012
Barclays Private Limited Company [Member]
Two Thousand Seven Monetized Notes [Member]
Dec. 19, 2012
B N P Paribas [Member]
Timber Notes [Member]
Mar. 31, 2012
Societe Generale Sa [Member]
Timber Notes [Member]
Jan. 23, 2012
Societe Generale Sa [Member]
Timber Notes [Member]
Mar. 31, 2012
Societe Generale Sa [Member]
Two Thousand Seven Monetized Notes [Member]
Jan. 23, 2012
Societe Generale Sa [Member]
Two Thousand Seven Monetized Notes [Member]
Feb. 29, 2012
Royal Bank Of Scotland Group Plc [Member]
Timber Notes [Member]
Sep. 30, 2012
Royal Bank Of Scotland Group Plc [Member]
Timber Notes [Member]
Dec. 31, 2011
Royal Bank Of Scotland Group Plc [Member]
Timber Notes [Member]
Feb. 10, 2012
Royal Bank Of Scotland Group Plc [Member]
Timber Notes [Member]
Nov. 22, 2011
Royal Bank Of Scotland Group Plc [Member]
Timber Notes [Member]
Variable Interest Entity [Line Items]                                                                  
Forestlands acreage sales 1,550,000                       5,600,000                                        
Amount of consideration received             $ 2,380,000,000 $ 4,800,000,000                                                  
Contribution of Class A interests in the Borrower Entities to other newly formed entities in December 2006               200,000,000                                                  
Contribution of International Paper promissory notes, to other newly formed entities               400,000,000                                                  
Class B interests held in entities in December 2006                     5,000,000,000                                            
Letters of credit downgrade period of replacement                       60 days       30 days                             60 day    
Entities acquired International Paper debt obligations for cash               4,800,000,000                     500,000,000                            
International Paper debt obligations held by the Entities   9,683,000,000 9,683,000,000         5,200,000,000 5,300,000,000                                                
Interest, offset against related debt obligations of the entities                 5,200,000,000                                                
Remainder of the borrowing included in long-term debt   8,900,000,000 8,900,000,000   9,696,000,000 2,140,000,000     76,000,000 79,000,000                                              
Additional debt included in notes payable and current maturities   783,000,000 783,000,000   444,000,000       79,000,000 79,000,000                                              
Letters of credit issued that support Timber Notes 2,380,000,000                         707,000,000 1,600,000,000               500,000,000     666,000,000   506,000,000     797,000,000 135,000,000 707,000,000
Replacement fees incurred                                           6,000,000     5,000,000   2,000,000   5,000,000 5,000,000      
The percent of letters of credit supporting Timber Notes and Monetized Note that are cash collateralized   100.00% 100.00%                                                            
Transferred notes (the Monetized Notes) and cash to entities in exchange for preferred interests                                     500,000,000                            
Long-term notes, maturity term                                     10 years                            
Fair value of notes receivable as of acquisition date       2,090,000,000                                                          
Notes receivable, fair value disclosure   2,510,000,000 2,510,000,000                                                            
Fair value of financial assets as of acquisition date           2,030,000,000                                                      
Long-term debt, fair value   2,390,000,000 2,390,000,000                                                            
Preferred third-party interest, included in noncontrolling interest   312,000,000 312,000,000   332,000,000                         150,000,000                              
Forestlands acres held in United States initially by Southeast timber                                   1,500,000                              
Distributions under preferred securities to third party investors   1,000,000 1,000,000 4,000,000                                                          
Preferred securities issued to a private investor with future dividend payments based on LIBOR in March 2003                                 150,000,000                                
Goodwill, translation and purchase accounting adjustments                                       $ 292,000,000 $ (110,000,000)                        
Number of days notice to terminate replacement waiver                                               30 days