International Paper has reported second quarter 2015 net earnings attributable to common shareholders of $227 million compared with net earnings of $313 million in the first quarter of 2015 and $161 million in the second quarter of 2014. Operating Earnings were $409 million in the second quarter of 2015, compared with $357 million in the first quarter of 2015 and $400 million in the second quarter of 2014.