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EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Earnings (loss) from continuing operations attributable to International Paper Company common shareholders $ 951 $ 432 $ 1,822 $ 1,007
Weighted average common shares outstanding 357.8 388.8 366.8 391.0
Restricted performance share plan 2.6 3.8 3.9 4.3
Weighted average common shares outstanding – assuming dilution 360.4 392.6 370.7 395.3
Basic earnings (loss) per share from continuing operations $ 2.66 $ 1.11 $ 4.97 $ 2.58
Diluted earnings (loss) per share from continuing operations $ 2.64 $ 1.10 $ 4.92 $ 2.55