EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

A reconciliation of the amounts included in the computation of basic earnings (loss) per share and diluted earnings (loss) per share is as follows: 

	Three Months Ended March 31,
In millions, except per share amounts	2023		2022
Earnings (loss) from continuing operations	$	172	$	267
Weighted average common shares outstanding	349.3		375.2
Effect of dilutive securities
Restricted performance share plan	4.0		4.0
Weighted average common shares outstanding – assuming dilution	353.3		379.2
Basic earnings (loss) per share from continuing operations	$	0.49	$	0.71
Diluted earnings (loss) per share from continuing operations	$	0.49	$	0.70