EQUITY (Note)

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Equity [Note Text Block]

EQUITY

A summary of the changes in equity for the nine months ended September 30, 2015 and 2014 is provided below:

	Nine Months Ended September 30,
	2015									2014
In millions, except per share amounts	Total International Paper Shareholders’ Equity			Noncontrolling Interests			Total Equity			Total International Paper Shareholders’ Equity			Noncontrolling Interests			Total Equity
Balance, January 1	$	5,115		$	148		$	5,263		$	8,105		$	179		$	8,284
Issuance of stock for various plans, net	204			—			204			221			—			221
Repurchase of stock	(505		)	—			(505		)	(891		)	—			(891		)
Common stock dividends ($1.20 per share in 2015 and $1.05 per share in 2014)	(513		)	—			(513		)	(462		)	—			(462		)
Xpedx spinoff	—			—			—			(313		)	—			(313		)
Acquisition of redeemable noncontrolling interests	—			—			—			47			—			47
Remeasurement of redeemable noncontrolling interest	—			—			—			(6		)	—			(6		)
Comprehensive income (loss)	48			(27		)	21			115			(18		)	97
Ending Balance, September 30	$	4,349		$	121		$	4,470		$	6,816		$	161		$	6,977