Consolidated Statement of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended	9 Months Ended
Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net Sales	$ 5,691	$ 6,051	$ 16,922	$ 17,674
Costs and Expenses
Cost of products sold	3,891	4,055	11,703	12,149
Selling and administrative expenses	417	467	1,226	1,331
Depreciation, amortization and cost of timber harvested	329	358	980	1,060
Distribution expenses	334	394	1,058	1,137
Taxes other than payroll and income taxes	39	43	127	137
Restructuring and other charges	25	24	219	830
Impairment of business	186	0	186	0
Interest expense, net	141	158	422	465
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings	329	552	1,001	565
Income tax provision (benefit)	106	147	346	89
Equity earnings (loss), net of taxes	(13)	(72)	84	(64)
Earnings (Loss) From Continuing Operations	210	333	739	412
Discontinued operations, net of taxes	0	16	0	(4)
Net Earnings (Loss)	210	349	739	408
Less: Net earnings (loss) attributable to noncontrolling interests	(10)	(6)	(21)	(13)
Net Earnings (Loss) Attributable to International Paper Company	$ 220	$ 355	$ 760	$ 421
Basic Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.53	$ 0.80	$ 1.81	$ 0.99
Discontinued operations, net of taxes	0.00	0.04	0.00	(0.01)
Net earnings (loss)	0.53	0.84	1.81	0.98
Diluted Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	0.53	0.79	1.80	0.98
Discontinued operations, net of taxes	0.00	0.04	0.00	(0.01)
Net earnings (loss)	$ 0.53	$ 0.83	$ 1.80	$ 0.97
Average Shares of Common Stock Outstanding - assuming dilution	417.5	428.6	421.9	433.7
Cash Dividends Per Common Share	$ 0.4000	$ 0.3500	$ 1.2000	$ 1.0500
Amounts Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 220	$ 339	$ 760	$ 425
Discontinued operations, net of taxes	0	16	0	(4)
Net Earnings (Loss) Attributable to International Paper Company	$ 220	$ 355	$ 760	$ 421

Total costs related to goods produced and sold during the reporting period; and the net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items.

No definition available.