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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, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Earnings (loss) from continuing operations $ 192 $ 887 $ 586 $ 1,570
Weighted average common shares outstanding 346.0 357.8 347.2 366.8
Restricted performance share plan 2.1 2.6 1.8 3.9
Weighted average common shares outstanding – assuming dilution 348.1 360.4 349.0 370.7
Basic earnings (loss) per share from continuing operations $ 0.55 $ 2.48 $ 1.69 $ 4.28
Diluted earnings (loss) per share from continuing operations $ 0.55 $ 2.46 $ 1.68 $ 4.24