EQUITY Footnote

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Equity [Note Text Block]

A summary of the changes in equity for the three months and six months ended June 30, 2019 and 2018 is provided below:

	Three Months Ended June 30, 2019
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury Stock			Total International Paper Shareholders’ Equity			Noncontrolling Interests			Total Equity
Balance, April 1	$	449	$	6,159	$	8,211		$	(4,975	)	$	2,398		$	7,446		$	23		$	7,469
Issuance of stock for various plans, net	—		34		—			—			(1		)	35			—			35
Repurchase of stock	—		—		—			—			231			(231		)	—			(231		)
Common stock dividends ($.5000 per share)	—		—		(201		)	—			—			(201		)	—			(201		)
Transactions of equity method investees	—		36		—			—			—			36			—			36
Comprehensive income (loss)	—		—		292			105			—			397			(6		)	391
Ending Balance, June 30	$	449	$	6,229	$	8,302		$	(4,870	)	$	2,628		$	7,482		$	17		$	7,499

	Six Months Ended June 30, 2019
In millions, except per share amounts	Common Stock Issued		Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury Stock			Total International Paper Shareholders’ Equity			Noncontrolling Interests			Total Equity
Balance, January 1	$	449	$	6,280		$	7,465		$	(4,500	)	$	2,332		$	7,362		$	21		$	7,383
Adoption of ASU 2018-02 reclassification of stranded tax effects resulting from Tax Reform	—		—			529			(529		)	—			—			—			—
Issuance of stock for various plans, net	—		(84		)	—			—			(164		)	80			—			80
Repurchase of stock	—		—			—			—			460			(460		)	—			(460		)
Common stock dividends ($1.0000 per share)	—		—			(408		)	—			—			(408		)	—			(408		)
Transactions of equity method investees	—		33			—			—			—			33			—			33
Comprehensive income (loss)	—		—			716			159			—			875			(4		)	871
Ending Balance, June 30	$	449	$	6,229		$	8,302		$	(4,870	)	$	2,628		$	7,482		$	17		$	7,499

	Three Months Ended June 30, 2018
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury Stock			Total International Paper Shareholders’ Equity			Noncontrolling Interests		Total Equity
Balance, April 1	$	449	$	6,175	$	6,783		$	(4,530	)	$	1,632		$	7,245		$	20	$	7,265
Issuance of stock for various plans, net	—		36		—			—			(1		)	37			—		37
Repurchase of stock	—		—		—			—			300			(300		)	—		(300		)
Common stock dividends ($.4750 per share)	—		—		(200		)	—			—			(200		)	—		(200		)
Transactions of equity method investees	—		8		—			—			—			8			—		8
Comprehensive income (loss)	—		—		405			(351		)	—			54			—		54
Ending Balance, June 30	$	449	$	6,219	$	6,988		$	(4,881	)	$	1,931		$	6,844		$	20	$	6,864

	Six Months Ended June 30, 2018
In millions, except per share amounts	Common Stock Issued		Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Treasury Stock			Total International Paper Shareholders’ Equity			Noncontrolling Interests		Total Equity
Balance, January 1	$	449	$	6,206		$	6,180		$	(4,633	)	$	1,680		$	6,522		$	19	$	6,541
Adoption of ASC 606 revenue from contracts with customers	—		—			73			—			—			73			—		73
Issuance of stock for various plans, net	—		(5		)	—			—			(80		)	75			—		75
Repurchase of stock	—		—			—			—			331			(331		)	—		(331		)
Common stock dividends ($.9500 per share)	—		—			(399		)	—			—			(399		)	—		(399		)
Transactions of equity method investees	—		18			—			—			—			18			—		18
Comprehensive income (loss)	—		—			1,134			(248		)	—			886			1		887
Ending Balance, June 30	$	449	$	6,219		$	6,988		$	(4,881	)	$	1,931		$	6,844		$	20	$	6,864