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INTL PAPER   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Sales18,619.0018,916.0021,161.0019,363.0020,580.0022,376.0023,306.0021,743.0021,079.0022,365.00
Total Revenues18,619.0018,916.0021,161.0019,363.0020,580.0022,376.0023,306.0021,743.0021,079.0022,365.00
Cost of Products Sold13,376.0013,629.0015,143.0013,832.0014,373.0015,268.0015,555.0015,300.0015,152.0015,468.00
Gross Profit----6,018.005,531.006,207.00--7,751.006,443.005,927.006,897.00
Depreciation, amortization and cost of timber harvested1,305.001,432.001,040.001,097.001,287.001,306.001,328.001,343.001,227.001,294.00
Selling and administrative expenses1,840.001,360.001,293.001,385.001,520.001,647.001,723.001,653.001,575.001,645.00
Distribution expenses1,475.001,575.001,783.001,444.001,551.001,560.001,567.001,434.001,361.001,406.00
Merger integration costs--------------------
Interest expense, net208.00231.00325.00337.00444.00491.00536.00572.00520.00555.00
Restructuring and other charges221.0099.0089.00509.00195.0057.0029.0067.0054.00252.00
Net bargain purchase gain on acquisition of business--------------6.00----
Impairments of goodwill------------------137.00
Litigation settlement--------------354.00----
Gain on sale of mineral rights--------------------
Gain on sale of forestlands--------------------
Net (gains) losses on sales of fixed assets58.00------------------
Net (gains) losses on sales of equity method investments----(10.00)204.0035.00----------
Reversals of reserves no longer required, net--------------------
Taxes other than payroll and income taxes(147.00)(154.00)(148.00)(139.00)(171.00)(170.00)(171.00)(169.00)(164.00)(168.00)
Insurance recoveries--------------------
Net losses on sales and impairments of businesses held for sale----(76.00)7.00(465.00)(205.00)(122.00)(9.00)(70.00)(174.00)
Non-operating pension expense42.00(54.00)192.00200.0041.00(36.00)(494.00)------
Antitrust fines----------(32.00)--------
Net (gains) losses on mark to market investments----65.00(32.00)------------
Earnings from continuing operations before income taxes and minority interest147.00382.001,511.00999.00650.001,604.001,781.00848.00956.001,266.00
Pre-Tax Income - U.S(140.00)----------1,450.00297.00383.001,147.00
Non-U.S287.00----------331.00551.00573.00119.00
Income tax provision (benefit)(415.00)59.00(236.00)188.00245.00634.00445.00(1,085.00)247.00466.00
Current tax provision (benefit) U.S. federal(4.00)157.00454.00413.00124.00271.00227.00(73.00)35.0062.00
Current tax provision (benefit) U.S. state and local20.0016.0056.0047.0035.0029.0037.00(23.00)--12.00
Current tax provision (benefit) Non-U.S42.0042.0027.0037.0077.00122.00165.00112.0076.00111.00
Deferred tax provision (benefit) U.S. federal(367.00)(164.00)(775.00)(274.00)(6.00)44.0012.00(1,150.00)138.00321.00
Deferred tax provision (benefit) U.S. state and local(98.00)3.00(39.00)(27.00)1.00(23.00)50.009.0023.0030.00
Deferred tax provision (benefit) Non-U.S(8.00)5.0041.00(8.00)14.00191.00(46.00)40.00(25.00)(70.00)
Minority interest expense, net of taxes--------------------
Equity earnings, net of taxes(5.00)(21.00)(6.00)313.0077.00250.00336.00177.00198.00117.00
Income (loss) from Continuing Operations557.00302.001,741.001,124.00482.001,220.001,672.002,110.00907.00917.00
Discontinued operations, net of taxes and minority interest--(14.00)(237.00)630.00----345.0034.00(5.00)0.00
Earnings Before the Cumulative Effect of Accounting Changes--------------------
Extraordinary item - Net losses on sales and impairments of businesses held for--------------------
Cumulative effect of accounting changes, net of taxes:Asset retirement obligation--------------------
Cumulative effect of accounting changes, net of taxes:Variable interest entities--------------------
Transitional goodwill impairment charge--------------------
Cumulative effect of change in accounting for derivatives and hedging activities--------------------
Net earnings (loss)557.00288.001,504.001,754.00482.001,220.002,017.002,144.00902.00917.00
Less: Net earnings attributable to noncontrolling interests------2.00--(5.00)5.00--(2.00)(21.00)
Net Income (Loss) Available to Common Shareholders557.00288.001,504.001,752.00482.001,225.002,012.002,144.00904.00938.00
Earnings from continuing operations (BASIC)1.600.874.792.881.233.104.075.112.212.25
EPS (Basic) : Disc Ops--(0.04)(0.65)1.62----0.840.08(0.01)--
Cumulative effect of accounting change--------------------
Cumulative effect of accounting changes, net of taxes:Asset retirement obligation--------------------
Cumulative effect of accounting changes, net of taxes:Variable interest entities--------------------
Transitional goodwill impairment charge--------------------
EPS (Basic) : Extraordinary items--------------------
Basic:Net earnings (loss)1.600.834.144.501.233.104.915.192.202.25
Earnings from continuing operations (DILUTED)1.570.864.742.861.223.074.025.052.192.23
Earnings Per Share (Diluted) - Disc Ops--(0.04)(0.64)1.61----0.830.08(0.01)--
Cumulative effect of accounting change--------------------
Cumulative effect of accounting changes, net of taxes:Asset retirement obligation--------------------
Cumulative effect of accounting changes, net of taxes:Variable interest entities--------------------
Transitional goodwill impairment charge--------------------
EPS (Diluted) : Extraordinary items--------------------
Diluted:Net earnings (loss)1.570.824.104.471.223.074.855.132.182.23
Average common shares outstanding347.20346.90363.50389.40393.00395.30409.10412.70411.10417.40
Average common shares outstanding - assuming dilution354.20349.10367.00392.40395.70398.80414.20417.70415.60420.60