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EQUITY Footnote
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Equity [Note Text Block]
A summary of the changes in equity for the three months and nine months ended September 30, 2019 and 2018 is provided below:
 
Three Months Ended September 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, July 1
$
449

 
$
6,229

 
$
8,302

$
(4,870
)
 
$
2,628

 
$
7,482

 
$
17

 
$
7,499

 
Issuance of stock for various plans, net

 
32

 


 
(1
)
 
33

 

 
33

 
Repurchase of stock

 

 


 
75

 
(75
)
 

 
(75
)
 
Common stock dividends
($0.5000 per share)

 

 
(199
)

 

 
(199
)
 

 
(199
)
 
Transactions of equity method investees

 

 


 

 

 

 

 
Comprehensive income (loss)

 

 
344

(144
)
 

 
200

 
(2
)
 
198

 
Ending Balance, September 30
$
449

 
$
6,261

 
$
8,447

$
(5,014
)
 
$
2,702

 
$
7,441

 
$
15

 
$
7,456

 


 
Nine Months Ended September 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

 
(52
)
 


 
(165
)
 
113

 

 
113

 
Repurchase of stock

 

 


 
535

 
(535
)
 

 
(535
)
 
Common stock dividends
($1.5000 per share)

 

 
(607
)

 

 
(607
)
 

 
(607
)
 
Transactions of equity method investees

 
33

 


 

 
33

 

 
33

 
Comprehensive income (loss)

 

 
1,060

15

 

 
1,075

 
(6
)
 
1,069

 
Ending Balance, September 30
$
449

 
$
6,261

 
$
8,447

$
(5,014
)
 
$
2,702

 
$
7,441

 
$
15

 
$
7,456

 


 
Three Months Ended September 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, July 1
$
449

 
$
6,219

 
$
6,988

$
(4,881
)
 
$
1,931

 
$
6,844

 
$
20

 
$
6,864

 
Issuance of stock for various plans, net

 
36

 


 
(1
)
 
37

 

 
37

 
Repurchase of stock

 

 


 
201

 
(201
)
 

 
(201
)
 
Common stock dividends ($0.4750 per share)

 

 
(197
)

 

 
(197
)
 

 
(197
)
 
Transactions of equity method investees

 
1

 


 

 
1

 

 
1

 
Comprehensive income (loss)

 

 
562

(6
)
 

 
556

 
(2
)
 
554

 
Ending Balance, September 30
$
449

 
$
6,256

 
$
7,353

$
(4,887
)
 
$
2,131

 
$
7,040

 
$
18

 
$
7,058

 

 
Nine Months Ended September 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

 
31

 


 
(81
)
 
112

 

 
112

 
Repurchase of stock

 

 


 
532

 
(532
)
 

 
(532
)
 
Common stock dividends ($1.4250 per share)

 

 
(596
)

 

 
(596
)
 

 
(596
)
 
Transactions of equity method investees

 
19

 


 

 
19

 

 
19

 
Comprehensive income (loss)

 

 
1,696

(254
)
 

 
1,442

 
(1
)
 
1,441

 
Ending Balance, September 30
$
449

 
$
6,256

 
$
7,353

$
(4,887
)
 
$
2,131

 
$
7,040

 
$
18

 
$
7,058