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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, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Earnings (loss) from continuing operations $ 150 $ 192 $ 704 $ 586
Weighted average common shares outstanding 347.4 346.0 347.1 347.2
Restricted performance share plan 6.0 2.1 6.5 1.8
Weighted average common shares outstanding – assuming dilution 353.4 348.1 353.6 349.0
Basic earnings (loss) per share from continuing operations $ 0.43 $ 0.55 $ 2.02 $ 1.69
Diluted earnings (loss) per share from continuing operations $ 0.42 $ 0.55 $ 1.99 $ 1.68