EQUITY (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Stockholders' Equity [Table Text Block]

A summary of the changes in equity for the three and six months ended June 30, 2022 and 2021 is provided below:

	Three Months Ended June 30, 2022
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, April 1	$	449	$	4,670	$	9,218	$	(1,694)	$	3,756	$	8,887
Issuance of stock for various plans, net	—		5		—		—		(2)		7
Repurchase of stock	—		—		—		—		395		(395)
Common stock dividends ($0.4625 per share)	—		—		(172)		—		—		(172)
Comprehensive income (loss)	—		—		511		205		—		716
Ending Balance, June 30	$	449	$	4,675	$	9,557	$	(1,489)	$	4,149	$	9,043

	Six Months Ended June 30, 2022
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total Equity
Balance, January 1	$	449	$	4,668	$	9,029	$	(1,666)	$	3,398	$	9,082
Issuance of stock for various plans, net	—		7		—		—		(72)		79
Repurchase of stock	—		—		—		—		823		(823)
Common stock dividends ($0.9250 per share)	—		—		(343)		—		—		(343)
Comprehensive income (loss)	—		—		871		177		—		1,048
Ending Balance, June 30	$	449	$	4,675	$	9,557	$	(1,489)	$	4,149	$	9,043

	Three Months Ended June 30, 2021
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, April 1	$	449	$	6,267	$	8,214	$	(4,453)	$	2,719	$	7,758	$	13	$	7,771
Issuance of stock for various plans, net	—		44		—		—		(2)		46		—		46
Repurchase of stock	—		—		—		—		58		(58)		—		(58)
Common stock dividends ($0.5125 per share)	—		—		(204)		—		—		(204)		—		(204)
Transactions of equity method investees	—		19		—		—		—		19		—		19
Divestiture of noncontrolling interests	—		—		—		—		—		—		(12)		(12)
Comprehensive income (loss)	—		—		432		359		—		791		1		792
Ending Balance, June 30	$	449	$	6,330	$	8,442	$	(4,094)	$	2,775	$	8,352	$	2	$	8,354

	Six Months Ended June 30, 2021
In millions, except per share amounts	Common Stock Issued		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock Held In Treasury, At Cost		Total International Paper Shareholders’ Equity		Noncontrolling Interests		Total Equity
Balance, January 1	$	449	$	6,325	$	8,070	$	(4,342)	$	2,648	$	7,854	$	14	$	7,868
Issuance of stock for various plans, net	—		(14)		—		—		(86)		72		—		72
Repurchase of stock	—		—		—		—		213		(213)		—		(213)
Common stock dividends ($1.0250 per share)	—		—		(409)		—		—		(409)		—		(409)
Transactions of equity method investees	—		19		—		—		—		19		—		19
Divestiture of noncontrolling interests	—		—		—		—		—		—		(12)		(12)
Comprehensive income (loss)	—		—		781		248		—		1,029		—		1,029
Ending Balance, June 30	$	449	$	6,330	$	8,442	$	(4,094)	$	2,775	$	8,352	$	2	$	8,354