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DERIVATIVES AND HEDGING ACTIVITIES DERIVATIVES AND HEDGING ACTIVITIES (Schedule of Interest Rate Derivative Activity) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Derivative [Line Items]    
Notional Amount Of Derivative Instrument, Terminated $ 0ip_NotionalAmountOfDerivativeInstrumentTerminated $ 0ip_NotionalAmountOfDerivativeInstrumentTerminated
Notional Amount Of Derivative Instrument, Undesignated 0ip_NotionalAmountOfDerivativeInstrumentUndesignated 0ip_NotionalAmountOfDerivativeInstrumentUndesignated
Notional Amount Of Derivative Instrument, Issued 0ip_NotionalAmountOfDerivativeInstrumentIssued 55ip_NotionalAmountOfDerivativeInstrumentIssued
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]    
Derivative [Line Items]    
Notional Amount Of Derivative Instrument, Undesignated 0ip_NotionalAmountOfDerivativeInstrumentUndesignated
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
0ip_NotionalAmountOfDerivativeInstrumentUndesignated
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Fair Value Hedging [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]    
Derivative [Line Items]    
Notional Amount Of Derivative Instrument, Terminated 0ip_NotionalAmountOfDerivativeInstrumentTerminated
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_FairValueHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0ip_NotionalAmountOfDerivativeInstrumentTerminated
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_FairValueHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Notional Amount Of Derivative Instrument, Issued $ 0ip_NotionalAmountOfDerivativeInstrumentIssued
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_FairValueHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
$ 55ip_NotionalAmountOfDerivativeInstrumentIssued
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_FairValueHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember