Consolidated Statement of Operations (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014	Jun. 30, 2013
Net Sales	$ 7,213	$ 7,335		$ 14,227	$ 14,425
Costs and Expenses
Cost of products sold	5,228	5,414		10,403	10,634
Selling and administrative expenses	527	515		1,055	1,082
Depreciation, amortization and cost of timber harvested	359	396		711	775
Distribution expenses	412	449		812	871
Taxes other than payroll and income taxes	50	47		97	96
Restructuring and other charges	324	(4)		841	55
Net bargain purchase gain on acquisition of business	0	(13)		0	(13)
Interest expense, net	165	168	[1]	307	332	[1]
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings	148	363		1	593
Income tax provision (benefit)	28	94		(55)	25
Equity earnings (loss), net of taxes	41	(36)		8	(46)
Earnings (Loss) From Continuing Operations	161	233		64	522
Discontinued operations, net of taxes	(3)	24		(5)	50
Net Earnings (Loss)	158	257		59	572
Less: Net earnings (loss) attributable to noncontrolling interests	(3)	(2)		(7)	(5)
Net Earnings (Loss) Attributable to International Paper Company	161	259		66	577
Basic Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.38	$ 0.53		$ 0.16	$ 1.19
Discontinued operations, net of taxes	$ (0.01)	$ 0.05		$ (0.01)	$ 0.11
Net earnings (loss)	$ 0.37	$ 0.58		$ 0.15	$ 1.30
Diluted Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.38	$ 0.52		$ 0.16	$ 1.18
Discontinued operations, net of taxes	$ (0.01)	$ 0.05		$ (0.01)	$ 0.11
Net earnings (loss)	$ 0.37	$ 0.57		$ 0.15	$ 1.29
Average Shares of Common Stock Outstanding - assuming dilution	432.1	448.5		435.9	447.9
Cash Dividends Per Common Share	$ 0.3500	$ 0.3000		$ 0.7000	$ 0.6000
Amounts Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	164	235		71	527
Discontinued operations, net of taxes	(3)	24		(5)	50
Net Earnings (Loss) Attributable to International Paper Company	$ 161	$ 259		$ 66	$ 577

[1] Includes a gain of $6 million for interest related to the settlement of an IRS tax audit.