EQUITY (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Changes in Equity

A summary of the changes in equity for the six-month periods ended June 30, 2012 and 2011 is provided below:

	Six Months Ended June 30,
	2012									2011
In millions, except per share amounts	Total International Paper Shareholders’ Equity			Noncontrolling Interests			Total Equity			Total International Paper Shareholders’ Equity			Noncontrolling Interests			Total Equity
Balance, January 1	$	6,645		$	340		$	6,985		$	6,875		$	250		$	7,125
Issuance of stock for various plans, net		99			0			99			73			0			73
Repurchase of stock		(35	)		0			(35	)		(30	)		0			(30	)
Common stock dividends ($0.525 per share in 2012 and $0.450 per share in 2011)		(237	)		0			(237	)		(197	)		0			(197	)
Dividends paid to noncontrolling interests by subsidiary		0			(3	)		(3	)		0			(3	)		(3	)
Noncontrolling interests of acquired entities		0			92			92			0			0			0
Acquisition of noncontrolling interests		0			(2	)		(2	)		0			0			0
Comprehensive income (loss)		203			(8	)		195			1,038			16			1,054
Balance, June 30	$	6,675		$	419		$	7,094		$	7,759		$	263		$	8,022