EQUITY (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Schedule of Stockholders' Equity [Table Text Block]

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

	Three Months Ended September 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, July 1	$	449	$	4,675	$	9,557	$	(1,489)	$	4,149	$	9,043
Issuance of stock for various plans, net	—		27		—		—		(2)		29
Repurchase of stock	—		—		—		—		270		(270)
Common stock dividends ($0.4625 per share)	—		—		(168)		—		—		(168)
Comprehensive income (loss)	—		—		951		(97)		—		854
Ending Balance, September 30	$	449	$	4,702	$	10,340	$	(1,586)	$	4,417	$	9,488

	Nine Months Ended September 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	—		34		—		—		(74)		108
Repurchase of stock	—		—		—		—		1,093		(1,093)
Common stock dividends ($1.3875 per share)	—		—		(511)		—		—		(511)
Comprehensive income (loss)	—		—		1,822		80		—		1,902
Ending Balance, September 30	$	449	$	4,702	$	10,340	$	(1,586)	$	4,417	$	9,488

	Three Months Ended September 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, July 1	$	449	$	6,330	$	8,442	$	(4,094)	$	2,775	$	8,352	$	2	$	8,354
Issuance of stock for various plans, net	—		41		—		—		—		41		—		41
Repurchase of stock	—		—		—		—		212		(212)		—		(212)
Common stock dividends ($0.5125 per share)	—		—		(203)		—		—		(203)		—		(203)
Divestiture of noncontrolling interests	—		—		—		—		—		—		(1)		(1)
Comprehensive income (loss)	—		—		864		780		—		1,644		—		1,644
Ending Balance, September 30	$	449	$	6,371	$	9,103	$	(3,314)	$	2,987	$	9,622	$	1	$	9,623

	Nine Months Ended September 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	—		27		—		—		(86)		113		—		113
Repurchase of stock	—		—		—		—		425		(425)		—		(425)
Common stock dividends ($1.5375 per share)	—		—		(612)		—		—		(612)		—		(612)
Transactions of equity method investees	—		19		—		—		—		19		—		19
Divestiture of noncontrolling interests	—		—		—		—		—		—		(13)		(13)
Comprehensive income (loss)	—		—		1,645		1,028		—		2,673		—		2,673
Ending Balance, September 30	$	449	$	6,371	$	9,103	$	(3,314)	$	2,987	$	9,622	$	1	$	9,623