Consolidated Statement of Operations (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013		Jun. 30, 2012
Net Sales	$ 7,335	$ 7,077	$ 14,425		$ 13,732
Costs and Expenses
Cost of products sold	5,414	5,270	10,634		10,254
Selling and administrative expenses	515	474	1,082		987
Depreciation, amortization and cost of timber harvested	396	366	775		728
Distribution expenses	449	448	871		795
Taxes other than payroll and income taxes	47	44	96		85
Restructuring and other charges	(4)	21	55		55
Net (gains) losses on sales and impairments of businesses	0	78	0		71
Net bargain purchase gain on acquisition of business	(13)	0	(13)		0
Interest expense, net	168	172	332	[1]	340
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings	363	204	593		417
Income tax provision (benefit)	94	57	25		127
Equity earnings (losses), net of taxes	(36)	(26)	(46)		18
Earnings (loss) from continuing operations, including portion attributable to noncontrolling interest	233	121	522		308
Discontinued operations, net of taxes	24	16	50		21
Net Earnings (Loss)	257	137	572		329
Less: Net earnings (loss) attributable to noncontrolling interests	(2)	3	(5)		7
Net Earnings (Loss) Attributable to International Paper Company	259	134	577		322
Basic Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.53	$ 0.27	$ 1.19		$ 0.69
Discontinued operations, net of taxes	$ 0.05	$ 0.04	$ 0.11		$ 0.05
Net earnings (loss)	$ 0.58	$ 0.31	$ 1.30		$ 0.74
Diluted Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	$ 0.52	$ 0.27	$ 1.18		$ 0.68
Discontinued operations, net of taxes	$ 0.05	$ 0.04	$ 0.11		$ 0.05
Net earnings (loss)	$ 0.57	$ 0.31	$ 1.29		$ 0.73
Average Shares of Common Stock Outstanding - assuming dilution	448.5	438.2	447.9		439.3
Cash Dividends Per Common Share	$ 0.3000	$ 0.2625	$ 0.6000		$ 0.5250
Amounts Attributable to International Paper Company Common Shareholders
Earnings (loss) from continuing operations	235	118	527		301
Discontinued operations, net of taxes	24	16	50		21
Net Earnings (Loss) Attributable to International Paper Company	$ 259	$ 134	$ 577		$ 322

[1] Includes a gain of $6 million for interest related to the settlement of an IRS tax audit.