Equity

3 Months Ended

Mar. 31, 2012

Equity [Abstract]

Equity

NOTE 3 – EQUITY

A summary of the changes in equity for the three-month periods ended March 31, 2012 and 2011 is provided below:

	Three Months Ended March 31,
	2012									2011
In millions, except per share amounts	Total International Paper Shareholders' Equity			Noncontrolling Interests			Total Equity			Total International Paper Shareholders' Equity			Noncontrolling Interests			Total Equity
Balance, January 1	$	6,645		$	340		$	6,985		$	6,875		$	250		$	7,125
Issuance of stock for various plans, net		80			0			80			45			0			45
Repurchase of stock		(35	)		0			(35	)		(29	)		0			(29	)
Common stock dividends ($0.2625 per share in 2012 and $0.1875 per share in 2011)		(120	)		0			(120	)		(83	)		0			(83	)
Dividends paid to noncontrolling interests by subsidiary		0			(2	)		(2	)		0			(1	)		(1	)
Noncontrolling interests of acquired entities		0			92			92			0			0			0
Acquisition of noncontrolling interests		0			(2	)		(2	)		0			0			0
Comprehensive income (loss)		491			4			495			603			6			609
Balance, March 31	$	7,061		$	432		$	7,493		$	7,411		$	255		$	7,666