EQUITY (Note)

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Equity [Note Text Block]

A summary of the changes in equity for the three months and six months ended June 30, 2020 and 2019 is provided below:

	Three Months Ended June 30, 2020
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, April 1	$	449	$	6,252	$	8,062	$	(5,255)	$	2,651	$	6,857	$	4	$	6,861
Issuance of stock for various plans, net	—		2		—		—		(2)		4		—		4
Common stock dividends ($0.5125 per share)	—		—		(205)		—		—		(205)		—		(205)
Transactions of equity method investees	—		29		—		—		—		29		—		29
Comprehensive income (loss)	—		—		266		106		—		372		(1)		371
Ending Balance, June 30	$	449	$	6,283	$	8,123	$	(5,149)	$	2,649	$	7,057	$	3	$	7,060

	Six Months Ended June 30, 2020
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, January 1	$	449	$	6,297	$	8,408	$	(4,739)	$	2,702	$	7,713	$	5	$	7,718
Adoption of ASU 2016-13 measurement of credit losses on financial instruments	—		—		(2)		—		—		(2)		—		(2)
Issuance of stock for various plans, net	—		(49)		—		—		(94)		45		—		45
Repurchase of stock	—		—		—		—		41		(41)		—		(41)
Common stock dividends ($1.0250 per share)	—		—		(408)		—		—		(408)		—		(408)
Transactions of equity method investees	—		35		—		—		—		35		—		35
Comprehensive income (loss)	—		—		125		(410)		—		(285)		(2)		(287)
Ending Balance, June 30	$	449	$	6,283	$	8,123	$	(5,149)	$	2,649	$	7,057	$	3	$	7,060

	Three Months Ended June 30, 2019
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, April 1	$	449	$	6,159	$	8,211	$	(4,975)	$	2,398	$	7,446	$	23	$	7,469
Issuance of stock for various plans, net	—		34		—		—		(1)		35		—		35
Repurchase of stock	—		—		—		—		231		(231)		—		(231)
Common stock dividends ($0.5000 per share)	—		—		(201)		—		—		(201)		—		(201)
Transactions of equity method investees	—		36		—		—		—		36		—		36
Comprehensive income (loss)	—		—		292		105		—		397		(6)		391
Ending Balance, June 30	$	449	$	6,229	$	8,302	$	(4,870)	$	2,628	$	7,482	$	17	$	7,499

	Six Months Ended June 30, 2019
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, January 1	$	449	$	6,280	$	7,465	$	(4,500)	$	2,332	$	7,362	$	21	$	7,383
Adoption of ASU 2018-02 reclassification of stranded tax effects resulting from Tax Reform	—		—		529		(529)		—		—		—		—
Issuance of stock for various plans, net	—		(84)		—		—		(164)		80		—		80
Repurchase of stock	—		—		—		—		460		(460)		—		(460)
Common stock dividends ($1.0000 per share)	—		—		(408)		—		—		(408)		—		(408)
Transactions of equity method investees	—		33		—		—		—		33		—		33
Comprehensive income (loss)	—		—		716		159		—		875		(4)		871
Ending Balance, June 30	$	449	$	6,229	$	8,302	$	(4,870)	$	2,628	$	7,482	$	17	$	7,499