VARIABLE INTEREST ENTITIES AND PREFERRED SECURITIES OF SUBSIDIARIES (Narrative) (Details) a in Thousands, $ in Millions |
1 Months Ended |
3 Months Ended |
6 Months Ended |
12 Months Ended |
|
|
|
|
Oct. 31, 2007
USD ($)
a
|
Jun. 30, 2015
USD ($)
|
Jun. 30, 2014
USD ($)
|
Jun. 30, 2015
USD ($)
|
Jun. 30, 2014
USD ($)
|
Dec. 31, 2006
USD ($)
a
|
Dec. 31, 2014
USD ($)
|
Sep. 30, 2012
USD ($)
|
Dec. 31, 2007
USD ($)
|
| Variable Interest Entity [Line Items] |
|
|
|
|
|
|
|
|
|
| Forestlands acreage sales | a |
1,550
|
|
|
|
|
|
|
|
|
| International Paper debt obligations held by the Entities |
|
$ 9,900
|
|
$ 9,900
|
|
|
|
|
|
| Remainder of the borrowing included in long-term debt |
|
9,017
|
|
9,017
|
|
|
$ 8,631
|
|
$ 2,140
|
| Additional debt included in notes payable and current maturities |
|
$ 909
|
|
$ 909
|
|
|
742
|
|
|
| Letters of credit issued that support Timber Notes |
$ 2,380
|
|
|
|
|
|
|
|
|
| The percent of letters of credit supporting Timber Notes and Monetized Note that are cash collateralized |
|
100.00%
|
|
100.00%
|
|
|
|
|
|
| Fair value of notes receivable as of acquisition date |
|
|
|
|
|
|
|
$ 2,090
|
|
| Notes receivable, fair value disclosure |
|
$ 2,150
|
|
$ 2,150
|
|
|
|
|
|
| Fair value of financial assets as of acquisition date |
|
|
|
|
|
|
|
|
$ 2,030
|
| Long-term debt, fair value |
|
2,040
|
|
2,040
|
|
|
|
|
|
| Accretion Income for Amortization of Purchase Accounting Adjustment, Financial Assets |
|
4
|
$ 4
|
9
|
$ 9
|
|
|
|
|
| Accretion Expense for Amortization of Purchase Accounting Adjustment, Financial Liabiities |
|
1
|
$ 1
|
3
|
$ 3
|
|
|
|
|
| Entities [Member] |
|
|
|
|
|
|
|
|
|
| Variable Interest Entity [Line Items] |
|
|
|
|
|
|
|
|
|
| Deferred Tax Liabilities, Other |
|
1,400
|
|
1,400
|
|
|
|
|
|
| Variable Interest Entity, Not Primary Beneficiary [Member] |
|
|
|
|
|
|
|
|
|
| Variable Interest Entity [Line Items] |
|
|
|
|
|
|
|
|
|
| Amount of consideration received |
$ 2,380
|
|
|
|
|
$ 4,800
|
|
|
|
| Contribution of Class A interests in the Borrower Entities to other newly formed entities in December 2006 |
|
|
|
|
|
200
|
|
|
|
| Contribution of International Paper promissory notes, to other newly formed entities |
|
|
|
|
|
400
|
|
|
|
| Entities acquired International Paper debt obligations for cash |
|
|
|
|
|
4,800
|
|
|
|
| International Paper debt obligations held by the Entities |
|
|
|
|
|
5,200
|
|
|
|
| Variable Interest Entity, Not Primary Beneficiary [Member] | Class B Interests In Entities [Member] |
|
|
|
|
|
|
|
|
|
| Variable Interest Entity [Line Items] |
|
|
|
|
|
|
|
|
|
| Class B interests held in entities in December 2006 |
|
5,200
|
|
5,200
|
|
$ 5,000
|
|
|
|
| International Paper debt obligations held by the Entities |
|
5,400
|
|
5,400
|
|
|
5,300
|
|
|
| Remainder of the borrowing included in long-term debt |
|
42
|
|
42
|
|
|
50
|
|
|
| Additional debt included in notes payable and current maturities |
|
$ 107
|
|
$ 107
|
|
|
$ 107
|
|
|
| Timber Notes [Member] |
|
|
|
|
|
|
|
|
|
| Variable Interest Entity [Line Items] |
|
|
|
|
|
|
|
|
|
| Forestlands acreage sales | a |
|
|
|
|
|
5,600
|
|
|
|
| Letters of credit downgrade period of replacement |
|
60 days
|
|
|
|
|
|
|
|
| 2007 Financing Entities [Member] |
|
|
|
|
|
|
|
|
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| Variable Interest Entity [Line Items] |
|
|
|
|
|
|
|
|
|
| Letters of credit downgrade period of replacement |
|
|
|
30 days
|
|
|
|
|
|
| Deferred Tax Liabilities, Other |
|
$ 840
|
|
$ 840
|
|
|
|
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|