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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A reconciliation of the amounts included in the computation of earnings (loss) per common share, and diluted earnings (loss) per common share is as follows: 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
In millions, except per share amounts
2017
 
2016
 
2017
 
2016
Earnings (loss) from continuing operations
$
80

 
$
40

 
$
289

 
$
379

Effect of dilutive securities

 

 

 

Earnings (loss) from continuing operations – assuming dilution
$
80

 
$
40

 
$
289

 
$
379

Average common shares outstanding
412.9

 
411.2

 
412.5

 
411.0

Effect of dilutive securities
 
 
 
 
 
 
 
Restricted stock performance share plan
3.5

 
3.5

 
4.2

 
4.1

Average common shares outstanding – assuming dilution
416.4

 
414.7

 
416.7

 
415.1

Basic earnings (loss) from continuing operations per common share
$
0.19

 
$
0.10

 
$
0.70

 
$
0.92

Diluted earnings (loss) from continuing operations per common share
$
0.19

 
$
0.10

 
$
0.69

 
$
0.91