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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
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
September 30,
 
Nine Months Ended
September 30,
In millions, except per share amounts
2014
 
2013
 
2014
 
2013
Earnings (loss) from continuing operations
$
339

 
$
387

 
$
425

 
$
909

Effect of dilutive securities (a)

 

 

 

Earnings (loss) from continuing operations – assuming dilution
$
339

 
$
387

 
$
425

 
$
909

Average common shares outstanding
425.3

 
445.9

 
429.9

 
444.1

Effect of dilutive securities (a)
 
 
 
 
 
 
 
Restricted stock performance share plan
3.3

 
3.6

 
3.7

 
4.3

Stock options

 
0.2

 
0.1

 
0.3

Average common shares outstanding – assuming dilution
428.6

 
449.7

 
433.7

 
448.7

Basic earnings (loss) from continuing operations per common share
$
0.80

 
$
0.87

 
$
0.99

 
$
2.05

Diluted earnings (loss) from continuing operations per common share
$
0.79

 
$
0.86

 
$
0.98

 
$
2.03

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