INCOME TAXES (Note)

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes [Note Text Block]

International Paper made income tax payments, net of refunds, of $20 million and $17 million for the three months ended March 31, 2022 and 2021, respectively.

The Company currently estimates, that as a result of ongoing discussions, pending tax settlements and expirations of statutes of limitations, the amount of unrecognized tax benefits could be reduced by approximately $13 million during the next 12 months.