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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 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net Earnings (Loss) Attributable to International Paper Company $ 864 $ 204 $ 1,645 $ 329
Weighted average common shares outstanding 388.8 393.1 391.0 392.9
Restricted performance share plan 3.8 1.5 4.3 1.6
Weighted average common shares outstanding – assuming dilution 392.6 394.6 395.3 394.5
Basic earnings (loss) per share attributable to International Paper Company Common Shareholders $ 2.22 $ 0.52 $ 4.21 $ 0.84
Diluted earnings (loss) per share attributable to International Paper Company Common Shareholders $ 2.20 $ 0.52 $ 4.16 $ 0.83