EQUITY (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Schedule of Stockholders' Equity [Table Text Block]

	Three Months Ended September 30, 2020
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, July 1	$	449	$	6,283	$	8,123	$	(5,149)	$	2,649	$	7,057	$	3	$	7,060
Issuance of stock for various plans, net	—		18		—		—		(2)		20		—		20
Repurchase of stock	—		—		—		—		1		(1)		—		(1)
Common stock dividends ($0.5125 per share)	—		—		(205)		—		—		(205)		—		(205)
Transactions of equity method investees	—		1		—		—		—		1		—		1
Comprehensive income (loss)	—		—		204		17		—		221		—		221
Ending Balance, September 30	$	449	$	6,302	$	8,122	$	(5,132)	$	2,648	$	7,093	$	3	$	7,096

	Nine Months Ended September 30, 2020
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, January 1	$	449	$	6,297	$	8,408	$	(4,739)	$	2,702	$	7,713	$	5	$	7,718
Adoption of ASU 2016-13 measurement of credit losses on financial instruments	—		—		(2)		—		—		(2)		—		(2)
Issuance of stock for various plans, net	—		(31)		—		—		(96)		65		—		65
Repurchase of stock	—		—		—		—		42		(42)		—		(42)
Common stock dividends ($1.5375 per share)	—		—		(613)		—		—		(613)		—		(613)
Transactions of equity method investees	—		36		—		—		—		36		—		36
Comprehensive income (loss)	—		—		329		(393)		—		(64)		(2)		(66)
Ending Balance, September 30	$	449	$	6,302	$	8,122	$	(5,132)	$	2,648	$	7,093	$	3	$	7,096

	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)		Common Stock Held In Treasury, At Cost		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)		Common Stock Held In Treasury, At Cost		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