Consolidated Statement of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Net Sales	[1]	$ 5,237	$ 4,593
Costs and Expenses
Cost of products sold		3,839	3,348
Selling and administrative expenses		341	302
Depreciation, amortization and cost of timber harvested		261	268
Distribution expenses		424	335
Taxes other than payroll and income taxes		36	35
Restructuring and other charges, net		0	30
Net (gains) losses on sales and impairments of businesses		0	2
Net (gains) losses on sales of equity method investments		0	(74)
Net (gains) losses on mark to market investments		(46)	0
Interest expense, net		69	93
Non-operating pension expense (income)		(49)	(52)
Earnings (loss) from continuing operations before income taxes and equity earnings		362	306
Income tax provision (benefit)		95	88
Equity earnings (loss), net of taxes		93	49
Earnings (Loss) From Continuing Operations		360	267
Discontinued operations, net of taxes		0	82
Net earnings (loss)		360	349
Less: Net earnings (loss) attributable to noncontrolling interests		0	0
Net Earnings (Loss) Attributable to International Paper Company		$ 360	$ 349
Basic Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Basic earnings (loss) per share from continuing operations		$ 0.96	$ 0.68
Discontinued operations, net of taxes		0	0.21
Basic earnings (loss) per share from continuing operations		0.96	0.89
Diluted Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Diluted earnings (loss) per share from continuing operations		0.95	0.68
Discontinued operations, net of taxes		0	0.20
Diluted earnings (loss) per share from continuing operations		$ 0.95	$ 0.88
Average Shares of Common Stock Outstanding – assuming dilution		379.2	394.8

[1] Net sales are attributed to countries based on the location of the seller.