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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Earnings (loss) from continuing operations $ 498 $ 222 $ 554 $ 394
Weighted average common shares outstanding 347.3 346.2 347.0 347.7
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