INCOME TAXES (Note)

9 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Income Taxes [Note Text Block]

International Paper made income tax payments, net of refunds, of $287 million and $389 million for the nine months ended September 30, 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 $28 million during the next 12 months.