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

6 Months Ended

Jun. 30, 2024

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 from continuing operations and diluted earnings (loss) per share from continuing operations is as follows:

 

	Three Months Ended June 30,				Six Months Ended June 30,
In millions, except per share amounts	2024		2023		2024		2023
Earnings (loss) from continuing operations	$	498	$	222	$	554	$	394
Weighted average common shares outstanding	347.3		346.2		347.0		347.7
Effect of dilutive securities
Restricted performance share plan	5.5		0.3		5.7		1.8
Weighted average common shares outstanding – assuming dilution	352.8		346.5		352.7		349.5
Basic earnings (loss) per share from continuing operations	$	1.43	$	0.64	$	1.59	$	1.13
Diluted earnings (loss) per share from continuing operations	$	1.41	$	0.64	$	1.57	$	1.12