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Variable Interest Entities And Preferred Securities Of Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2012
2001 Financing Entities [Member]
 
Variable Interest Entity [Line Items]  
Activity Between Company And Entities
Activity between the Company and the 2001 financing entities was as follows:
 
In millions
2012

2011

2010

Revenue (loss) (a)
$

$
1

$
(1
)
Expense (a)

3

12

Cash receipts (b)


4

Cash payments (c)

3

12

(a)
The net expense related to the Company’s interest in the 2001 financing entities is included in Interest expense, net in the accompanying consolidated statement of operations, as International Paper has and intends to effect its legal right to offset as discussed above.
(b)
The cash receipts are equity distributions from the 2001 financing entities to International Paper.
(c)
The cash payments are related to interest on the associated debt obligations discussed above.
Entities [Member]
 
Variable Interest Entity [Line Items]  
Activity Between Company And Entities
Activity between the Company and the Entities was as follows:
 
In millions
2012

2011

2010

Revenue (loss) (a)
$
49

$
49

$
42

Expense (a)
90

79

79

Cash receipts (b)
36

28

32

Cash payments (c)
87

79

82

(a)
The net expense related to the Company’s interest in the Entities is included in Interest expense, net in the accompanying consolidated statement of operations, as International Paper has and intends to effect its legal right to offset as discussed above.
(b)
The cash receipts are equity distributions from the Entities to International Paper.
(c)
The semi-annual payments are related to interest on the associated debt obligations discussed above.
2002 Financing Entities [Member]
 
Variable Interest Entity [Line Items]  
Activity Between Company And Entities
Activity between the Company and the 2002 financing entities was as follows:
 
In millions
2012

2011

2010

Revenue (loss) (a)
$

$
2

$
5

Expense (b)

3

8

Cash receipts (c)
252

192

3

Cash payments (d)
159

244

8

(a)
The revenue is included in Equity earnings (loss), net of tax in the accompanying consolidated statement of operations.
(b)
The expense is included in Interest expense, net in the accompanying consolidated statement of operations.
(c)
The cash receipts are equity distributions from the 2002 financing entities to International Paper and cash receipts from the maturity of the 2002 Monetized Notes.
(d)
The cash payments include both interest and principal on the associated debt obligations.
2007 Financing Entities [Members]
 
Variable Interest Entity [Line Items]  
Activity Between Company And Entities
Activity between the Company and the 2007 financing entities was as follows:
In millions
2012

2011

2010

Revenue (loss) (a)
$
28

$

$

Expense (b)
28



Cash receipts (c)
12



Cash payments (d)
22



(a)
The revenue is included in Interest expense, net in the accompanying consolidated statement of operations and includes $17 million of accretion income for the amortization of the purchase accounting adjustment of the Financial assets of special purpose entities.
(b)
The expense is included in Interest expense, net in the accompanying consolidated statement of operations and includes $6 million of accretion expense for the amortization of the purchase accounting adjustment on the Nonrecourse financial liabilities of special purpose entities.
(c)
The cash receipts are interest received on the Financial assets of special purpose entities.
(d)
The cash payments are interest paid on Nonrecourse financial liabilities of special purpose entities.