Consolidated Statement of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Sales	[1]	$ 5,389	$ 4,770	$ 10,626	$ 9,363
Costs and Expenses
Cost of products sold		3,806	3,402	7,645	6,750
Selling and administrative expenses		300	396	641	698
Depreciation, amortization and cost of timber harvested		267	272	528	540
Distribution expenses		442	342	866	677
Taxes other than payroll and income taxes		36	36	72	71
Restructuring and other charges, net		0	174	0	204
Net (gains) losses on sales and impairments of businesses		0	(9)	0	(7)
Net (gains) losses on sales of equity method investments		0	(130)	0	(204)
Net (gains) losses on mark to market investments		(3)	0	(49)	0
Interest expense, net		74	86	143	179
Non-operating pension expense (income)		(47)	(51)	(96)	(103)
Earnings (loss) from continuing operations before income taxes and equity earnings		514	252	876	558
Income tax provision (benefit)		96	46	191	134
Equity earnings (loss), net of taxes		93	104	186	153
Earnings (Loss) From Continuing Operations		511	310	871	577
Discontinued operations, net of taxes		0	124	0	206
Net income (loss)		511	434	871	783
Less: Net earnings (loss) attributable to noncontrolling interests		0	2	0	2
Net Earnings (Loss) Attributable to International Paper Company		$ 511	$ 432	$ 871	$ 781
Basic Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Basic earnings (loss) per share from continuing operations		$ 1.39	$ 0.79	$ 2.34	$ 1.47
Discontinued operations, net of taxes		0	0.31	0	0.52
Earnings Per Share, Basic, Total			1.10	2.34	1.99
Diluted Earnings (Loss) Per Share Attributable to International Paper Company Common Shareholders
Diluted earnings (loss) per share from continuing operations		1.38	0.78	2.32	1.45
Discontinued operations, net of taxes		$ 0	0.31	0	0.51
Earnings Per Share, Diluted, Total			$ 1.09	$ 2.32	$ 1.96
Average Shares of Common Stock Outstanding – assuming dilution		370.7	396.8	375.7	397.7

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