SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2025

Disclosure Text Block Supplement [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Accounts and Notes Receivable, Net

In millions	June 30, 2025		December 31, 2024
Trade (less allowances of $70 and $30, respectively)	$	4,151	$	2,703
Other	616		263
Total	$	4,767	$	2,966

Inventories

Inventories

In millions	June 30, 2025		December 31, 2024
Raw materials	$	522	$	188
Finished pulp, paper and packaging	1,255		934
Operating supplies	761		623
Other	120		39
Total	$	2,658	$	1,784

The last-in, first-out inventory method is used to value most of International Paper's U.S. inventories. Approximately 56% of total raw materials and finished products inventories were valued using this method. The last-in, first-out inventory reserve was $355 million and $336 million at June 30, 2025 and December 31, 2024, respectively.

Interest Income and Interest Expense Disclosure

Amounts related to interest were as follows: 

	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2025		2024		2025		2024
Interest expense	$	143	$	107	$	276	$	216
Interest income	36		52		88		115
Capitalized interest costs	6		6		11		8