Consolidated Statement of Operations (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net Sales	$ 6,051	$ 5,975	$ 17,674	$ 17,635
Costs and Expenses
Cost of products sold	4,055	4,048	12,149	12,242
Selling and administrative expenses	467	473	1,331	1,352
Depreciation, amortization and cost of timber harvested	358	397	1,060	1,164
Distribution expenses	394	402	1,137	1,197
Taxes other than payroll and income taxes	43	46	137	138
Restructuring and other charges	24	59	830	87
Net (gains) losses on sales and impairments of businesses	0	1	0	1
Net bargain purchase gain on acquisition of business	0	0	0	(13)
Interest expense, net	158	146	465	478
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings	552	403	565	989
Income tax provision (benefit)	147	38	89	61
Equity earnings (loss), net of taxes	(72)	16	(64)	(30)
Earnings (Loss) From Continuing Operations	333	381	412	898
Discontinued operations, net of taxes	16	(5)	(4)	50
Net Earnings (Loss)	349	376	408	948
Less: Net earnings (loss) attributable to noncontrolling interests	(6)	(6)	(13)	(11)
Net Earnings (Loss) Attributable to International Paper Company	355	382	421	959
Basic Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.80	$ 0.87	$ 0.99	$ 2.05
Discontinued operations, net of taxes	$ 0.04	$ (0.01)	$ (0.01)	$ 0.11
Net earnings (loss)	$ 0.84	$ 0.86	$ 0.98	$ 2.16
Diluted Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.79	$ 0.86	$ 0.98	$ 2.03
Discontinued operations, net of taxes	$ 0.04	$ (0.01)	$ (0.01)	$ 0.11
Net earnings (loss)	$ 0.83	$ 0.85	$ 0.97	$ 2.14
Average Shares of Common Stock Outstanding - assuming dilution	428.6	449.7	433.7	448.7
Cash Dividends Per Common Share	$ 0.3500	$ 0.3000	$ 1.0500	$ 0.9000
Amounts Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	339	387	425	909
Discontinued operations, net of taxes	16	(5)	(4)	50
Net Earnings (Loss) Attributable to International Paper Company	$ 355	$ 382	$ 421	$ 959