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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Note)
 6 Months Ended
Jun. 30, 2014
Earnings Per Share, Basic and Diluted [Abstract]  
Earnings Per Share [Note Text Block]
EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS
Basic earnings per common share are computed by dividing earnings by the weighted average number of common shares outstanding. Diluted earnings per common share are computed assuming that all potentially dilutive securities, including “in-the-money” stock options, were converted into common shares. A reconciliation of the amounts included in the computation of earnings (loss) per common share, and diluted earnings (loss) per common share is as follows: 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
In millions, except per share amounts
2014
 
2013
 
2014
 
2013
Earnings (loss) from continuing operations
$
164

 
$
235

 
$
71

 
$
527

Effect of dilutive securities (a)
—

 
—

 
—

 
—

Earnings (loss) from continuing operations – assuming dilution
$
164

 
$
235

 
$
71

 
$
527

Average common shares outstanding
428.9

 
444.9

 
432.2

 
443.2

Effect of dilutive securities (a)
 
 
 
 
 
 
 
Restricted stock performance share plan
3.1

 
3.3

 
3.6

 
4.3

Stock options
0.1

 
0.3

 
0.1

 
0.4

Average common shares outstanding – assuming dilution
432.1

 
448.5

 
435.9

 
447.9

Basic earnings (loss) from continuing operations per common share
$
0.38

 
$
0.53

 
$
0.16

 
$
1.19

Diluted earnings (loss) from continuing operations per common share
$
0.38

 
$
0.52

 
$
0.16

 
$
1.18

(a) Securities are not included in the table in periods when antidilutive.