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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net Earnings (Loss) Attributable to International Paper Company $ 432 $ 266 $ 781 $ 125
Weighted average common shares outstanding 391.5 393.1 392.1 392.9
Restricted performance share plan [1] 5.3 0.0 5.6 1.1
Weighted average common shares outstanding – assuming dilution 396.8 393.1 397.7 394.0
Basic earnings (loss) per share attributable to International Paper Company Common Shareholders $ 1.10 $ 0.67 $ 1.99 $ 0.32
Diluted earnings (loss) per share attributable to International Paper Company Common Shareholders $ 1.09 $ 0.67 $ 1.96 $ 0.32
[1] Securities are not included in the table in periods when antidilutive