Interim Financial Results (Details) (USD $) In Millions, except Per Share data, unless otherwise specified
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3 Months Ended |
12 Months Ended |
Dec. 31, 2014
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Sep. 30, 2014
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Jun. 30, 2014
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Mar. 31, 2014
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Dec. 31, 2013
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Sep. 30, 2013
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Jun. 30, 2013
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Mar. 31, 2013
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Quarterly Financial Information Disclosure [Abstract] |
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NET SALES |
$ 5,943us-gaap_SalesRevenueNet |
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$ 6,051us-gaap_SalesRevenueNet |
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$ 5,899us-gaap_SalesRevenueNet |
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$ 5,724us-gaap_SalesRevenueNet |
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$ 5,848us-gaap_SalesRevenueNet |
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$ 5,975us-gaap_SalesRevenueNet |
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$ 5,944us-gaap_SalesRevenueNet |
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$ 5,716us-gaap_SalesRevenueNet |
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$ 23,617us-gaap_SalesRevenueNet |
[1] |
$ 23,483us-gaap_SalesRevenueNet |
[1] |
$ 21,852us-gaap_SalesRevenueNet |
[1] |
Gross margin (a) |
1,838us-gaap_GrossProfit |
[2] |
1,996us-gaap_GrossProfit |
[2] |
1,839us-gaap_GrossProfit |
[2] |
1,690us-gaap_GrossProfit |
[2] |
1,808us-gaap_GrossProfit |
[2] |
1,927us-gaap_GrossProfit |
[2] |
1,757us-gaap_GrossProfit |
[2] |
1,709us-gaap_GrossProfit |
[2] |
7,363us-gaap_GrossProfit |
[2] |
7,201us-gaap_GrossProfit |
[2] |
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Earnings (loss) from continuing operations before income taxes and equity earnings |
307us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[3] |
552us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[4] |
152us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[5] |
(139)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[6] |
239us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[7] |
403us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[8] |
359us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[9] |
227us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[10] |
872us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[3],[4],[5],[6] |
1,228us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
[10],[7],[8],[9] |
967us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
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Gain (loss) from discontinued operations, net of taxes |
(9)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[11] |
16us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[12] |
(13)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[13] |
(7)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[14] |
(359)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[15] |
(5)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[16] |
27us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[17] |
28us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[18] |
(13)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[11],[12],[13],[14] |
(309)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
[15],[16],[17],[18] |
77us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity |
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Net earnings (loss) attributable to International Paper Company |
$ 134us-gaap_NetIncomeLoss |
[11],[19],[3] |
$ 355us-gaap_NetIncomeLoss |
[12],[4] |
$ 161us-gaap_NetIncomeLoss |
[13],[5] |
$ (95)us-gaap_NetIncomeLoss |
[14],[20],[6] |
$ 436us-gaap_NetIncomeLoss |
[15],[21],[22],[7] |
$ 382us-gaap_NetIncomeLoss |
[16],[23],[8] |
$ 259us-gaap_NetIncomeLoss |
[17],[9] |
$ 318us-gaap_NetIncomeLoss |
[10],[18],[24] |
$ 555us-gaap_NetIncomeLoss |
[11],[12],[13],[14],[19],[20],[3],[4],[5],[6] |
$ 1,395us-gaap_NetIncomeLoss |
[10],[15],[16],[17],[18],[21],[22],[23],[24],[7],[8],[9] |
$ 794us-gaap_NetIncomeLoss |
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Earnings (loss) from continuing operations, per basic share |
$ 0.34us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[3] |
$ 0.80us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[4] |
$ 0.40us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[5] |
$ (0.20)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[6] |
$ 1.80us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[7] |
$ 0.87us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[8] |
$ 0.52us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[9] |
$ 0.66us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[10] |
$ 1.33us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[3],[4],[5],[6] |
$ 3.85us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
[10],[7],[8],[9] |
$ 1.65us-gaap_IncomeLossFromContinuingOperationsPerBasicShare |
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Gain (loss) from discontinued operations |
$ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[11] |
$ 0.04us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[12] |
$ (0.03)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[13] |
$ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[14] |
$ (0.81)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[15] |
$ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[16] |
$ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[17] |
$ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[18] |
$ (0.03)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[11],[12],[13],[14] |
$ (0.70)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
[15],[16],[17],[18] |
$ 0.17us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare |
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Net earning (loss) attributable to International Paper Company common shareholders, per basic share |
$ 0.32us-gaap_EarningsPerShareBasic |
[11],[19],[3] |
$ 0.84us-gaap_EarningsPerShareBasic |
[12],[4] |
$ 0.37us-gaap_EarningsPerShareBasic |
[13],[5] |
$ (0.21)us-gaap_EarningsPerShareBasic |
[14],[20],[6] |
$ 0.99us-gaap_EarningsPerShareBasic |
[15],[21],[22],[7] |
$ 0.86us-gaap_EarningsPerShareBasic |
[16],[23],[8] |
$ 0.58us-gaap_EarningsPerShareBasic |
[17],[9] |
$ 0.72us-gaap_EarningsPerShareBasic |
[10],[18],[24] |
$ 1.30us-gaap_EarningsPerShareBasic |
[11],[12],[13],[14],[19],[20],[3],[4],[5],[6] |
$ 3.15us-gaap_EarningsPerShareBasic |
[10],[15],[16],[17],[18],[21],[22],[23],[24],[7],[8],[9] |
$ 1.82us-gaap_EarningsPerShareBasic |
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Diluted earnings (loss) per share from continuing operations |
$ 0.34us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[3] |
$ 0.79us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[4] |
$ 0.40us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[5] |
$ (0.20)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[6] |
$ 1.78us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[7] |
$ 0.86us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[8] |
$ 0.52us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[9] |
$ 0.65us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[10] |
$ 1.31us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[3],[4],[5],[6] |
$ 3.80us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
[10],[7],[8],[9] |
$ 1.63us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare |
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Gain (loss) from discontinued operations |
$ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[11] |
$ 0.04us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[12] |
$ (0.03)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[13] |
$ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[14] |
$ (0.80)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[15] |
$ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[16] |
$ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[17] |
$ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[18] |
$ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[11],[12],[13],[14] |
$ (0.69)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
[15],[16],[17],[18] |
$ 0.17us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare |
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Net earning (loss) attributable to International Paper Company common shareholders, per diluted share |
$ 0.32us-gaap_EarningsPerShareDiluted |
[11],[19],[3] |
$ 0.83us-gaap_EarningsPerShareDiluted |
[12],[4] |
$ 0.37us-gaap_EarningsPerShareDiluted |
[13],[5] |
$ (0.21)us-gaap_EarningsPerShareDiluted |
[14],[20],[6] |
$ 0.98us-gaap_EarningsPerShareDiluted |
[15],[21],[22],[7] |
$ 0.85us-gaap_EarningsPerShareDiluted |
[16],[23],[8] |
$ 0.57us-gaap_EarningsPerShareDiluted |
[17],[9] |
$ 0.71us-gaap_EarningsPerShareDiluted |
[10],[18],[24] |
$ 1.29us-gaap_EarningsPerShareDiluted |
[11],[12],[13],[14],[19],[20],[3],[4],[5],[6] |
$ 3.11us-gaap_EarningsPerShareDiluted |
[10],[15],[16],[17],[18],[21],[22],[23],[24],[7],[8],[9] |
$ 1.80us-gaap_EarningsPerShareDiluted |
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Dividends per share of common stock |
$ 0.4000us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3500us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3500us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3500us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3500us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3000us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3000us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 0.3000us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 1.4500us-gaap_CommonStockDividendsPerShareCashPaid |
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$ 1.2500us-gaap_CommonStockDividendsPerShareCashPaid |
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Common stock prices, High |
$ 55.73ip_StockPriceUpperLimitDuringPeriod |
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$ 51.98ip_StockPriceUpperLimitDuringPeriod |
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$ 50.65ip_StockPriceUpperLimitDuringPeriod |
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$ 49.71ip_StockPriceUpperLimitDuringPeriod |
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$ 49.52ip_StockPriceUpperLimitDuringPeriod |
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$ 50.33ip_StockPriceUpperLimitDuringPeriod |
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$ 49.10ip_StockPriceUpperLimitDuringPeriod |
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$ 47.25ip_StockPriceUpperLimitDuringPeriod |
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$ 55.73ip_StockPriceUpperLimitDuringPeriod |
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$ 50.33ip_StockPriceUpperLimitDuringPeriod |
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Common stock prices, Low |
$ 44.50ip_StockPriceLowerLimitDuringPeriod |
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$ 46.77ip_StockPriceLowerLimitDuringPeriod |
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$ 44.24ip_StockPriceLowerLimitDuringPeriod |
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$ 44.43ip_StockPriceLowerLimitDuringPeriod |
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$ 42.92ip_StockPriceLowerLimitDuringPeriod |
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$ 43.95ip_StockPriceLowerLimitDuringPeriod |
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$ 42.36ip_StockPriceLowerLimitDuringPeriod |
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$ 39.47ip_StockPriceLowerLimitDuringPeriod |
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$ 44.24ip_StockPriceLowerLimitDuringPeriod |
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$ 39.47ip_StockPriceLowerLimitDuringPeriod |
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