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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Earnings (loss) attributable to International Paper Company common shareholders $ 266 $ 292 $ 125 $ 716
Weighted average common shares outstanding 393.1 396.1 392.9 398.3
Restricted performance share plan 0.0 2.1 1.1 3.1
Weighted average common shares outstanding – assuming dilution 393.1 398.2 394.0 401.4
Basic earnings (loss) per share attributable to International Paper Company Common Shareholders $ 0.67 $ 0.74 $ 0.32 $ 1.80
Diluted earnings (loss) per share attributable to International Paper Company Common Shareholders $ 0.67 $ 0.73 $ 0.32 $ 1.78