EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Tables)

3 Months Ended

Mar. 31, 2022

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 basic earnings (loss) per share and diluted earnings (loss) per share is as follows: 

	Three Months Ended March 31,
In millions, except per share amounts	2022		2021
Earnings (loss) from continuing operations attributable to International Paper Company common shareholders	$	360	$	267
Weighted average common shares outstanding	375.2		392.8
Effect of dilutive securities
Restricted performance share plan	4.0		2.0
Weighted average common shares outstanding – assuming dilution	379.2		394.8
Basic earnings (loss) per share from continuing operations	$	0.96	$	0.68
Diluted earnings (loss) per share from continuing operations	$	0.95	$	0.68