$IP
INTERNATIONAL PAPER CO /NEW/

2020 Q2 Form 10-Q Financial Statement

#000005143420000033 Filed on July 31, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q4 2019 Q2
Revenue $4.866B $5.498B $5.667B
YoY Change -14.13% -7.61% -2.85%
Cost Of Revenue $3.427B $3.669B $3.901B
YoY Change -12.15% -3.45% -0.54%
Gross Profit $1.439B $1.829B $1.766B
YoY Change -18.52% -14.97% -7.59%
Gross Profit Margin 29.57% 33.27% 31.16%
Selling, General & Admin $332.0M $879.0M $402.0M
YoY Change -17.41% -1.01% 3250.0%
% of Gross Profit 23.07% 48.06% 22.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $312.0M $343.0M $321.0M
YoY Change -2.8% 1.48% -2.73%
% of Gross Profit 21.68% 18.75% 18.18%
Operating Expenses $332.0M $1.222B $402.0M
YoY Change -17.41% -0.33% 3250.0%
Operating Profit $428.0M $607.0M $629.0M
YoY Change -31.96% -34.38% -9.76%
Interest Expense $156.0M -$110.0M $177.0M
YoY Change -11.86% -17.29% -3.28%
% of Operating Profit 36.45% -18.12% 28.14%
Other Income/Expense, Net -$3.000M -$9.000M -$8.000M
YoY Change -62.5% -97.9% -77.78%
Pretax Income $241.0M $400.0M $334.0M
YoY Change -27.84% 4.71% -31.84%
Income Tax $67.00M $262.0M $128.0M
% Of Pretax Income 27.8% 65.5% 38.32%
Net Earnings $266.0M $165.0M $292.0M
YoY Change -8.9% -47.78% -27.9%
Net Earnings / Revenue 5.47% 3.0% 5.15%
Basic Earnings Per Share $0.67 $0.42 $0.74
Diluted Earnings Per Share $0.67 $0.42 $0.73
COMMON SHARES
Basic Shares Outstanding 393.1M shares 392.1M shares 396.1M shares
Diluted Shares Outstanding 393.1M shares 398.2M shares

Balance Sheet

Concept 2020 Q2 2019 Q4 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $847.0M $511.0M $787.0M
YoY Change 7.62% -13.24% -26.65%
Cash & Equivalents $847.0M $511.0M $787.0M
Short-Term Investments
Other Short-Term Assets $169.0M $247.0M $215.0M
YoY Change -21.4% -1.2% -11.16%
Inventory $2.010B $2.208B $2.224B
Prepaid Expenses
Receivables $3.461B $3.673B $3.876B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.599B $6.639B $7.388B
YoY Change -10.68% -5.1% 1.6%
LONG-TERM ASSETS
Property, Plant & Equipment $12.59B $13.00B $12.96B
YoY Change -2.9% -0.48% -1.75%
Goodwill $3.304B $3.114B $3.441B
YoY Change -3.98% -7.71% 1.87%
Intangibles
YoY Change
Long-Term Investments $8.505B $8.809B $8.725B
YoY Change -2.52% 1.04% 1.47%
Other Assets $807.0M $847.0M $1.018B
YoY Change -20.73% -16.88% 6.26%
Total Long-Term Assets $25.92B $13.40B $26.96B
YoY Change -3.85% -0.55% 1.64%
TOTAL ASSETS
Total Short-Term Assets $6.599B $6.639B $7.388B
Total Long-Term Assets $25.92B $13.40B $26.96B
Total Assets $32.52B $33.47B $34.35B
YoY Change -5.32% -0.31% 1.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.206B $2.423B $2.498B
YoY Change -11.69% 0.41% 0.81%
Accrued Expenses $540.0M $600.0M $535.0M
YoY Change 0.93% 12.15% 26.18%
Deferred Revenue $26.00M $56.00M $40.00M
YoY Change -35.0% 0.0% 25.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $33.00M $168.0M $676.0M
YoY Change -95.12% -73.71% -1.17%
Total Short-Term Liabilities $8.330B $8.646B $5.049B
YoY Change 64.98% 84.19% 9.33%
LONG-TERM LIABILITIES
Long-Term Debt $9.432B $9.597B $10.05B
YoY Change -6.15% -4.17% -6.99%
Other Long-Term Liabilities $939.0M $640.0M $591.0M
YoY Change 58.88% 14.29% 6.1%
Total Long-Term Liabilities $10.37B $10.24B $10.64B
YoY Change -2.54% -3.2% -6.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.330B $8.646B $5.049B
Total Long-Term Liabilities $10.37B $10.24B $10.64B
Total Liabilities $18.70B $18.88B $15.69B
YoY Change 19.19% 23.67% -1.81%
SHAREHOLDERS EQUITY
Retained Earnings $8.123B $8.408B $8.302B
YoY Change -2.16% 12.63% 18.8%
Common Stock $6.732B $6.746B $6.678B
YoY Change 0.81% 0.25% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.649B $2.702B $2.628B
YoY Change 0.8% 15.87% 36.1%
Treasury Stock Shares 55.80M shares 56.80M shares 55.00M shares
Shareholders Equity $7.057B $7.713B $7.482B
YoY Change
Total Liabilities & Shareholders Equity $32.52B $33.47B $34.35B
YoY Change -5.32% -0.31% 1.63%

Cashflow Statement

Concept 2020 Q2 2019 Q4 2019 Q2
OPERATING ACTIVITIES
Net Income $266.0M $165.0M $292.0M
YoY Change -8.9% -47.78% -27.9%
Depreciation, Depletion And Amortization $312.0M $343.0M $321.0M
YoY Change -2.8% 1.48% -2.73%
Cash From Operating Activities $886.0M $947.0M $1.046B
YoY Change -15.3% 15.35% 30.59%
INVESTING ACTIVITIES
Capital Expenditures -$252.0M -$363.0M -$335.0M
YoY Change -24.78% 26.92% -23.86%
Acquisitions
YoY Change
Other Investing Activities -$47.00M $57.00M -$86.00M
YoY Change -45.35% 111.11% 145.71%
Cash From Investing Activities -$299.0M -$306.0M -$421.0M
YoY Change -28.98% 18.15% -11.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -982.0M -842.0M -487.0M
YoY Change 101.64% -15.8% 37.57%
NET CHANGE
Cash From Operating Activities 886.0M 947.0M 1.046B
Cash From Investing Activities -299.0M -306.0M -421.0M
Cash From Financing Activities -982.0M -842.0M -487.0M
Net Change In Cash -395.0M -201.0M 138.0M
YoY Change -386.23% -54.11% -592.86%
FREE CASH FLOW
Cash From Operating Activities $886.0M $947.0M $1.046B
Capital Expenditures -$252.0M -$363.0M -$335.0M
Free Cash Flow $1.138B $1.310B $1.381B
YoY Change -17.6% 18.34% 11.28%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0000051434
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-03157
dei Entity Registrant Name
EntityRegistrantName
INTERNATIONAL PAPER COMPANY
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
393092857 shares
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NY
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-0872805
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-0872805
dei Entity Address Address Line1
EntityAddressAddressLine1
6400 Poplar Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Memphis
dei Entity Address State Or Province
EntityAddressStateOrProvince
TN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
38197
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
38197
dei City Area Code
CityAreaCode
901
dei Local Phone Number
LocalPhoneNumber
419-7000
dei Security12b Title
Security12bTitle
Common Shares
dei Trading Symbol
TradingSymbol
IP
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4866000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5667000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10218000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11310000000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3427000000 USD
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3901000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7173000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7830000000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
332000000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
402000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
750000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
815000000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
312000000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
321000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
635000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
636000000 USD
CY2020Q2 ip Distribution Expenses
DistributionExpenses
365000000 USD
CY2019Q2 ip Distribution Expenses
DistributionExpenses
384000000 USD
ip Distribution Expenses
DistributionExpenses
772000000 USD
ip Distribution Expenses
DistributionExpenses
773000000 USD
CY2020Q2 us-gaap Taxes Other
TaxesOther
41000000 USD
CY2019Q2 us-gaap Taxes Other
TaxesOther
43000000 USD
us-gaap Taxes Other
TaxesOther
85000000 USD
us-gaap Taxes Other
TaxesOther
86000000 USD
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
18000000 USD
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
26000000 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2020Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-8000000 USD
CY2019Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-152000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-352000000 USD
us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
0 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-145000000 USD
CY2020Q2 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
0 USD
CY2019Q2 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
0 USD
us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
33000000 USD
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-116000000 USD
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-122000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-233000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-255000000 USD
CY2020Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-14000000 USD
CY2019Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
8000000 USD
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-20000000 USD
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
18000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
261000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
334000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
245000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
752000000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
67000000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
128000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
161000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
234000000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
72000000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
80000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
41000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
194000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
266000000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
286000000 USD
us-gaap Profit Loss
ProfitLoss
125000000 USD
us-gaap Profit Loss
ProfitLoss
712000000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
266000000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
292000000 USD
us-gaap Net Income Loss
NetIncomeLoss
125000000 USD
us-gaap Net Income Loss
NetIncomeLoss
716000000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.80
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
393100000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
398200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
394000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
401400000 shares
CY2020Q2 us-gaap Profit Loss
ProfitLoss
266000000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
286000000 USD
us-gaap Profit Loss
ProfitLoss
125000000 USD
us-gaap Profit Loss
ProfitLoss
712000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
39000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
40000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
85000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
81000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
57000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
61000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-487000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
73000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
4000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-30000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
4000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-9000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-20000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
105000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
105000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-412000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
159000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
371000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
391000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-287000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
871000000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
372000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
397000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-285000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
875000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
847000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
511000000 USD
CY2020Q2 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
3060000000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
3280000000 USD
CY2020Q2 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
401000000 USD
CY2019Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
393000000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
2010000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
2208000000 USD
CY2020Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
112000000 USD
CY2019Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
169000000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
247000000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
6599000000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
6639000000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12586000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13004000000 USD
CY2020Q2 us-gaap Timber And Timberlands
TimberAndTimberlands
293000000 USD
CY2019Q4 us-gaap Timber And Timberlands
TimberAndTimberlands
391000000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8123000000 USD
CY2020Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1407000000 USD
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1721000000 USD
CY2020Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
7098000000 USD
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
7088000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
3304000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
3347000000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
425000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
434000000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
807000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
847000000 USD
CY2020Q2 us-gaap Assets
Assets
32519000000 USD
CY2019Q4 us-gaap Assets
Assets
33471000000 USD
CY2020Q2 us-gaap Debt Current
DebtCurrent
33000000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
168000000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4220000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4220000000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2206000000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2423000000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
406000000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
466000000 USD
CY2020Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
368000000 USD
CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1097000000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1369000000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
8330000000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8646000000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9432000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9597000000 USD
CY2020Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
2089000000 USD
CY2019Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
2085000000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2654000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2633000000 USD
CY2020Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1472000000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1578000000 USD
CY2020Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
249000000 USD
CY2019Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
270000000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
294000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
304000000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
939000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
640000000 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
448900000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
448900000 shares
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
449000000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
449000000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6283000000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6297000000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
7057000000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8408000000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5149000000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4739000000 USD
CY2020Q2 us-gaap Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
9706000000 USD
CY2019Q4 us-gaap Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
10415000000 USD
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
55800000 shares
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
56800000 shares
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2649000000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2702000000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
7713000000 USD
CY2020Q2 us-gaap Minority Interest
MinorityInterest
3000000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
5000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7060000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7718000000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32519000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
636000000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
33471000000 USD
us-gaap Profit Loss
ProfitLoss
125000000 USD
us-gaap Profit Loss
ProfitLoss
712000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
635000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
50000000 USD
us-gaap Restructuring Charges
RestructuringCharges
26000000 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-352000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-145000000 USD
us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
33000000 USD
us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
0 USD
us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
151000000 USD
us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
251000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
41000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
194000000 USD
us-gaap Pension Expense
PensionExpense
16000000 USD
us-gaap Pension Expense
PensionExpense
47000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-109000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-55000000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-74000000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-48000000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
11000000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
4000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-65000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-48000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-37000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2000000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
0 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-96000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-3000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1539000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1800000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
538000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
628000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
64000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
99000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
17000000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
250000000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-15000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-334000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-715000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
41000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
460000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
452000000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-10000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
579000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
444000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
917000000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-14000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
403000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
398000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-25000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
4000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-817000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-876000000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
13000000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
21000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-39000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
10000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
336000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
589000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
198000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
511000000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
847000000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
787000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4866000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4866000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10218000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10218000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5667000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5667000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11310000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11310000000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
26000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
56000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6861000000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4000000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5125
CY2020Q2 us-gaap Dividends
Dividends
205000000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
29000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
371000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7060000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7718000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
45000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-41000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.0250
us-gaap Dividends
Dividends
408000000 USD
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
35000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-287000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7060000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7469000000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35000000 USD
CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-231000000 USD
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5000
CY2019Q2 us-gaap Dividends
Dividends
201000000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
36000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
391000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7499000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7383000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
80000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-460000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.0000
us-gaap Dividends
Dividends
408000000 USD
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
33000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
871000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
716000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7499000000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5149000000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4870000000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5149000000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4870000000 USD
CY2020Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-48000000 USD
CY2019Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-40000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-105000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
443000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
266000000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
393100000 shares
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
292000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
125000000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
396100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
392900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
398300000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2100000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1100000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3100000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
393100000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
398200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
394000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
401400000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.80
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2019Q1 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2020Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
112000000 USD
CY2020Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
368000000 USD
CY2020Q2 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
501000000 USD
CY2019Q4 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
335000000 USD
CY2020Q2 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
3060000000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
3280000000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
85000000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
73000000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
278000000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
298000000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1039000000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1192000000 USD
CY2020Q2 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
641000000 USD
CY2019Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
659000000 USD
CY2020Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
52000000 USD
CY2019Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
59000000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
2010000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
2208000000 USD
us-gaap Depreciation
Depreciation
597000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
50000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
164000000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20700000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20500000000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
293000000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
300000000 USD
us-gaap Depreciation
Depreciation
602000000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
30000000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
us-gaap Interest Paid
InterestPaid
338000000 USD
us-gaap Interest Paid
InterestPaid
375000000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
156000000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
177000000 USD
us-gaap Interest Expense
InterestExpense
319000000 USD
us-gaap Interest Expense
InterestExpense
361000000 USD
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
40000000 USD
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
55000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
86000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
106000000 USD
CY2020Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9000000 USD
CY2019Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
18000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
14000000 USD
CY2020Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
97000000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
96000000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
67000000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
63000000 USD
us-gaap Lease Cost
LeaseCost
134000000 USD
us-gaap Lease Cost
LeaseCost
138000000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
425000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
434000000 USD
CY2020Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
96000000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
103000000 USD
CY2020Q2 ip Lease Asset Total
LeaseAssetTotal
521000000 USD
CY2019Q4 ip Lease Asset Total
LeaseAssetTotal
537000000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
134000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
134000000 USD
CY2020Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
12000000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
12000000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
294000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
304000000 USD
CY2020Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
84000000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
88000000 USD
CY2020Q2 ip Lease Liability Total
LeaseLiabilityTotal
524000000 USD
CY2019Q4 ip Lease Liability Total
LeaseLiabilityTotal
538000000 USD
CY2020Q2 ip Financeleaserightofuseassetaccumulatedamortization
Financeleaserightofuseassetaccumulatedamortization
46000000 USD
CY2019Q4 ip Financeleaserightofuseassetaccumulatedamortization
Financeleaserightofuseassetaccumulatedamortization
40000000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
5460000000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2113000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
3347000000 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-45000000 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
2000000 USD
ip Accumulatedimpairmentlossotherincreasesdecreases
Accumulatedimpairmentlossotherincreasesdecreases
0 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
5417000000 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2113000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
3304000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
754000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
417000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
337000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
782000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
414000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
368000000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16000000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-58000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-97000000 USD
CY2020Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
68000000 USD
CY2020Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
189000000 USD
CY2020Q2 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
198000000 USD
CY2020Q2 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
114000000 USD
CY2020Q2 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
8000000 USD
CY2020Q2 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
0 USD
CY2020Q2 ip Debt Covenant Compliance Minimum Net Worth
DebtCovenantComplianceMinimumNetWorth
9000000000 USD
ip Debt Covenant Compliance Minimum Debt To Capital Ratio
DebtCovenantComplianceMinimumDebtToCapitalRatio
0.60
CY2020Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
9500000000 USD
CY2020Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
11200000000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
6000000 USD
CY2020Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
68000000 USD
CY2020Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
23000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
7000000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-1000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
33000000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
92000000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2200000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
49.15
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4866000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5667000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10218000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11310000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
428000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
629000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
940000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1229000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
261000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
334000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
245000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
752000000 USD
CY2020Q2 ip Income From Equity Method Investment And Income Attributable To Noncontrolling Interests
IncomeFromEquityMethodInvestmentAndIncomeAttributableToNoncontrollingInterests
0 USD
CY2019Q2 ip Income From Equity Method Investment And Income Attributable To Noncontrolling Interests
IncomeFromEquityMethodInvestmentAndIncomeAttributableToNoncontrollingInterests
5000000 USD
ip Income From Equity Method Investment And Income Attributable To Noncontrolling Interests
IncomeFromEquityMethodInvestmentAndIncomeAttributableToNoncontrollingInterests
0 USD
ip Income From Equity Method Investment And Income Attributable To Noncontrolling Interests
IncomeFromEquityMethodInvestmentAndIncomeAttributableToNoncontrollingInterests
2000000 USD
CY2020Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
-3000000 USD
CY2019Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3000000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
29000000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
24000000 USD
CY2020Q2 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
-54000000 USD
CY2019Q2 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
0 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
-87000000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
0 USD
CY2020Q2 ip Segment Reporting Information Business Special Items
SegmentReportingInformationBusinessSpecialItems
14000000 USD
CY2019Q2 ip Segment Reporting Information Business Special Items
SegmentReportingInformationBusinessSpecialItems
157000000 USD
ip Segment Reporting Information Business Special Items
SegmentReportingInformationBusinessSpecialItems
366000000 USD
ip Segment Reporting Information Business Special Items
SegmentReportingInformationBusinessSpecialItems
178000000 USD
CY2020Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-14000000 USD
CY2019Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
8000000 USD
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-20000000 USD
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
18000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
428000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
629000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
940000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1229000000 USD

Files In Submission

Name View Source Status
0000051434-20-000033-index-headers.html Edgar Link pending
0000051434-20-000033-index.html Edgar Link pending
0000051434-20-000033.txt Edgar Link pending
0000051434-20-000033-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ip-20200630.htm Edgar Link pending
ip-20200630.xsd Edgar Link pending
ip-20200630xexhibit311.htm Edgar Link pending
ip-20200630xexhibit312.htm Edgar Link pending
ip-20200630xexhibit32c.htm Edgar Link pending
ip-20200630_cal.xml Edgar Link unprocessable
ip-20200630_def.xml Edgar Link unprocessable
ip-20200630_g1.jpg Edgar Link pending
ip-20200630_g2.jpg Edgar Link pending
ip-20200630_g3.jpg Edgar Link pending
ip-20200630_g4.jpg Edgar Link pending
ip-20200630_htm.xml Edgar Link completed
ip-20200630_lab.xml Edgar Link unprocessable
ip-20200630_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending