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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Tables)
 6 Months Ended
Jun. 30, 2016
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
June 30,
 
Six Months Ended
June 30,
In millions, except per share amounts
2016
 
2015
 
2016
 
2015
Earnings (loss) from continuing operations
$
40

 
$
227

 
$
379

 
$
540

Effect of dilutive securities (a)
—

 
—

 
—

 
—

Earnings (loss) from continuing operations – assuming dilution
$
40

 
$
227

 
$
379

 
$
540

Average common shares outstanding
411.2

 
420.0

 
411.0

 
420.6

Effect of dilutive securities (a)
 
 
 
 
 
 
 
Restricted stock performance share plan
3.5

 
1.9

 
4.1

 
2.8

Average common shares outstanding – assuming dilution
414.7

 
421.9

 
415.1

 
423.4

Basic earnings (loss) from continuing operations per common share
$
0.10

 
$
0.54

 
$
0.92

 
$
1.28

Diluted earnings (loss) from continuing operations per common share
$
0.10

 
$
0.54

 
$
0.91

 
$
1.28

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