← INTERNATIONAL PAPER CO /NEW/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $1.5b $288.0m $557.0m ($3.5b)
Net earnings (loss) $902.0m $2.1b $2.0b $1.2b $482.0m $1.8b $1.5b $288.0m $557.0m ($3.5b)
Net Income (Loss) Attributable to Parent $904.0m $2.1b $2.0b $1.2b $482.0m $1.8b $1.5b $288.0m $557.0m ($3.5b)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $909.0m $2.1b $1.7b $1.2b $482.0m $1.1b $1.7b $302.0m $557.0m ($2.8b)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $907.0m $2.1b $1.7b $1.2b $482.0m $1.1b $1.7b $302.0m $557.0m —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($5.0m) $34.0m $345.0m $0 $0 $630.0m ($237.0m) ($14.0m) $0 ($678.0m)
Net Income (Loss) Attributable to Noncontrolling Interest ($2.0m) $0 $5.0m ($5.0m) $0 $2.0m $0 $0 — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $902.0m $2.1b $2.0b $1.2b $482.0m $1.8b $1.5b $288.0m $557.0m —
Amortization of Intangible Assets $54.0m $77.0m $59.0m $58.0m $60.0m $44.0m $44.0m $37.0m $37.0m $259.0m
Depreciation $1.2b $1.2b $1.2b $1.2b $1.2b $1.1b $996.0m $1.4b $1.3b $2.5b
Depreciation Amortization Depletion — — — — — — $1.0b $1.4b $1.3b $2.9b
Depreciation, Depletion and Amortization $1.2b $1.3b $1.3b $1.3b $1.3b $1.1b $1.0b $1.4b $1.3b $2.7b
Deferred Income Tax — — — — — — ($773.0m) ($156.0m) ($473.0m) ($855.0m)
Deferred Income Tax Expense (Benefit) $136.0m ($1.1b) $16.0m $212.0m $9.0m ($309.0m) ($773.0m) ($156.0m) ($473.0m) ($615.0m)
Deferred Tax — — — — — — ($773.0m) ($156.0m) ($473.0m) ($855.0m)
Deferred income tax provision (benefit), net $136.0m ($1.1b) $133.0m $212.0m $9.0m ($291.0m) ($773.0m) ($156.0m) ($473.0m) ($855.0m)
Asset Impairment Charge — — — — — — — $0 $0 $2.5b
Equity Method Investment, Other than Temporary Impairment — — — — — — — — — $0
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($70.0m) ($9.0m) ($122.0m) — ($465.0m) $7.0m — — — —
Goodwill and Intangible Asset Impairment $0 $0 — — — — — — — —
Goodwill, Impairment Loss $0 $0 — $60.0m — — $76.0m — — $2.5b
Impairment of goodwill — — — — — — — $0 $0 $2.5b
Net (gains) losses on sales and impairments of assets — — — — — — — $0 ($58.0m) ($70.0m)
Net (gains) losses on sales and impairments of businesses $70.0m $9.0m $122.0m $205.0m $465.0m ($358.0m) $76.0m $0 $0 $1.0b
Net (gains) losses on sales and impairments of equity method investments — — — — ($35.0m) ($205.0m) $543.0m $153.0m $0 $0
Earnings (Loss)es From Equity Investments — — — — — ($313.0m) ($291.0m) ($108.0m) $5.0m —
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — — ($205.0m) ($543.0m) ($153.0m) $0 —
Equity method dividends received $58.0m $133.0m $153.0m $273.0m $162.0m $159.0m $204.0m $13.0m $0 $0
Gain (Loss) on Disposition of Assets — — $488.0m — — $86.0m $0 $0 $58.0m —
Gain (Loss) on Disposition of Business — — — $0 $0 — — — — $25.0m
Gain (Loss) on Disposition of Property Plant Equipment — — — — — — — — — $70.0m
Gain (Loss) on Extinguishment of Debt $29.0m $83.0m $10.0m $21.0m $196.0m $461.0m $93.0m $0 $0 —
Income (Loss) from Equity Method Investments $198.0m $177.0m $336.0m $250.0m $77.0m $313.0m ($6.0m) ($21.0m) ($5.0m) ($3.0m)
Income Tax Expense (Benefit) $247.0m ($1.1b) $445.0m $634.0m $245.0m $188.0m ($236.0m) $59.0m ($415.0m) ($533.0m)
Proceeds from sales of equity method investments, net of transaction costs — — $0 $0 $500.0m $908.0m $0 $472.0m $0 $0
Changes in operating assets and liabilities:
Additional Financial Items
Accounts and notes receivable ($94.0m) ($370.0m) ($342.0m) $246.0m $59.0m ($596.0m) ($59.0m) $255.0m $59.0m $91.0m
Accounts payable and other liabilities $98.0m $114.0m $151.0m $139.0m $141.0m $519.0m $110.0m ($402.0m) ($140.0m) ($1.0b)
Acquisitions, net of cash acquired ($2.2b) ($45.0m) ($8.0m) ($103.0m) ($65.0m) ($80.0m) $0 $0 $0 $414.0m
Beginning Cash Position — — — — — — $1.3b $804.0m $1.1b $1.2b
Beginning of the period $1.1b $1.0b $1.0b $589.0m $511.0m $595.0m $1.3b $804.0m $1.1b $1.2b
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES $982.0m ($399.0m) ($2.0b) ($2.4b) ($2.7b) ($7.4b) ($2.1b) ($866.0m) ($775.0m) ($708.0m)
CASH PROVIDED BY (USED FOR) INVESTMENT ACTIVITIES ($3.5b) ($1.4b) ($1.6b) ($1.3b) ($269.0m) $6.1b ($608.0m) ($668.0m) ($808.0m) ($1.0b)
Cash Flow From Continuing Financing Activities — — — — — — ($2.1b) ($866.0m) ($775.0m) ($708.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($608.0m) ($668.0m) ($808.0m) ($1.0b)
Change In Account Payable — — — — — — $110.0m ($402.0m) ($140.0m) ($1.0b)
Change In Accrued Expense — — — — — — $41.0m ($19.0m) $16.0m $22.0m
Change In Interest Payable — — — — — — $41.0m ($19.0m) $16.0m $22.0m
Change In Inventory — — — — — — ($162.0m) $73.0m $12.0m $158.0m
Change In Other Working Capital — — — — — — $28.0m $43.0m $7.0m ($57.0m)
Change In Payable — — — — — — $110.0m ($402.0m) ($140.0m) ($1.0b)
Change In Payables And Accrued Expense — — — — — — $151.0m ($421.0m) ($124.0m) ($1.0b)
Change In Receivables — — — — — — ($162.0m) $303.0m $95.0m $70.0m
Change In Working Capital — — — — — — ($145.0m) ($2.0m) ($10.0m) ($834.0m)
Change in Cash and Temporary Investments ($17.0m) ($15.0m) ($429.0m) ($78.0m) $84.0m $700.0m ($491.0m) $309.0m $57.0m ($9.0m)
Change in book overdrafts $0 $26.0m ($1.0m) ($66.0m) $35.0m $65.0m $1.0m ($8.0m) ($69.0m) $181.0m
Changes In Account Receivables — — — — — — ($59.0m) $255.0m $59.0m $91.0m
Changes In Cash — — — — — — ($488.0m) $299.0m $95.0m ($34.0m)
Contract assets $0 $0 ($32.0m) $2.0m $35.0m ($49.0m) ($103.0m) $48.0m $36.0m ($21.0m)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal ($70.0m) ($9.0m) ($122.0m) ($205.0m) — — — — — —
End Cash Position — — — — — — $804.0m $1.1b $1.2b $1.2b
Equity Securities, FV-NI, Gain (Loss) — — — — — ($32.0m) $65.0m $0 $0 —
Financing Cash Flow — — — — — — ($2.1b) ($866.0m) ($775.0m) ($708.0m)
Free Cash Flow — — — — — — $1.2b $692.0m $757.0m ($159.0m)
Gain Loss On Sale Of Business — — — — — — $619.0m $153.0m $0 $1.0b
Gain Loss On Sale Of PPE — — — — — — $0 $0 ($58.0m) ($70.0m)
Goodwill $3.4b $3.4b $3.4b $3.3b $3.3b $3.1b $3.0b $3.0b $3.0b $5.3b
Increase (Decrease) in Inventories ($11.0m) $87.0m ($236.0m) $1.0m ($35.0m) $263.0m $162.0m ($73.0m) ($12.0m) ($158.0m)
Interest payable $41.0m $1.0m ($8.0m) ($19.0m) ($55.0m) ($32.0m) $41.0m ($19.0m) $16.0m $22.0m
Inventories $11.0m ($87.0m) $236.0m ($1.0m) $35.0m ($263.0m) ($162.0m) $73.0m $12.0m $158.0m
Investing Cash Flow — — — — — — ($608.0m) ($668.0m) ($808.0m) ($1.0b)
Investment Income, Interest $175.0m $186.0m $198.0m $215.0m $156.0m $93.0m $78.0m $190.0m $222.0m $179.0m
Net Business Purchase And Sale — — — — — — $0 $472.0m $0 $555.0m
Net PPE Purchase And Sale — — — — — — ($918.0m) ($1.1b) ($830.0m) ($1.6b)
Nonoperating Income (Expense) — — — — ($7.0m) — — — — —
Operating Gains Losses — — — — — — $212.0m $247.0m ($57.0m) $1.0b
Other ($14.0m) ($8.0m) $0 ($1.0m) ($4.0m) ($18.0m) ($3.0m) ($1.0m) ($1.0m) ($1.0m)
Other Cash Adjustment Inside Changein Cash — — — — — $0 $0 — — —
Other Non Cash Items — — — — — — $197.0m $11.0m $356.0m $540.0m
Other, net $157.0m $212.0m $75.0m $120.0m $219.0m $157.0m $108.0m $20.0m $130.0m ($78.0m)
Pension And Employee Benefit Expense — — — — — — ($116.0m) $94.0m $1.0m $39.0m
Pension Cost (Reversal of Cost) $809.0m $717.0m $632.0m $93.0m $32.0m ($112.0m) ($116.0m) — — —
Pension Expense (Reversal of Expense), Noncash — — — — — — — $94.0m $1.0m $39.0m
Periodic pension (income) expense, net $809.0m $717.0m $632.0m $93.0m $32.0m ($112.0m) ($116.0m) $94.0m $1.0m $39.0m
Proceeds from insurance recoveries — — — — — — $0 $0 $25.0m $28.0m
Proceeds from sale of fixed assets $19.0m $26.0m $23.0m $18.0m $8.0m $101.0m $13.0m $4.0m $91.0m $218.0m
Purchase Of Business — — — — — ($80.0m) $0 $0 — —
Purchase Of PPE $1.3b $1.3b $1.6b $1.3b $751.0m $480.0m ($931.0m) ($1.1b) ($921.0m) ($1.9b)
Reduction of debt ($1.9b) ($1.4b) ($1.0b) ($1.5b) ($2.3b) ($2.5b) ($1.0b) ($780.0m) ($141.0m) ($255.0m)
Repurchase Of Capital Stock — — — — — — ($1.3b) ($218.0m) ($23.0m) ($65.0m)
Restructuring Costs — — — — — — — — — $618.0m
Restructuring charges, net — — — — — — — $99.0m $221.0m $618.0m
Revenue from Contract with Customer, Including Assessed Tax — — $23.3b $22.4b $20.6b $19.4b $21.2b — — —
Sale Of Business — — — — — — $0 $472.0m $0 $555.0m
Sale Of PPE — — — — — — $13.0m $4.0m $91.0m $218.0m
Unrealized Gain Loss On Investment Securities — — — — — $32.0m ($65.0m) $0 $0 —
Derivative, Gain (Loss) on Derivative, Net $0 $0 $0 — — — — — — $18.0m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $7.0m $7.0m ($2.0m) ($4.0m) — — — — — —
Net Cash Provided by (Used in) Operating Activities $2.5b $1.8b $3.2b $3.6b $3.1b $2.0b $2.2b $1.8b $1.7b $1.7b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($931.0m) ($1.1b) ($921.0m) ($1.9b)
Capital expenditures ($1.3b) — — — — — — ($1.1b) ($921.0m) ($1.9b)
Payments to Acquire Businesses, Net of Cash Acquired $2.2b $45.0m $8.0m $103.0m $65.0m $80.0m $0 $0 — —
Net Investment Purchase And Sale — — — — — $0 $311.0m $0 $0 —
Payments to Acquire Investments $0 $0 — — — — — — — —
Sale Of Investment — — — — — $0 $311.0m $0 $0 —
Proceeds from divestitures, net of transaction costs $108.0m $4.0m $0 $81.0m $40.0m $827.0m $0 $0 $0 $141.0m
Net Other Investing Changes — — — — — — ($1.0m) ($3.0m) $22.0m $60.0m
Payments for (Proceeds from) Other Investing Activities $49.0m ($15.0m) ($28.0m) $20.0m $1.0m $3.0m $1.0m $3.0m $3.0m ($32.0m)
Net Cash Provided by (Used in) Investing Activities ($3.5b) ($1.4b) ($1.6b) ($1.3b) ($269.0m) $6.1b ($608.0m) ($668.0m) ($808.0m) ($1.0b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $1.0b $783.0m $102.0m $409.0m
Issuance of debt $3.8b $1.9b $490.0m $534.0m $583.0m $1.5b $1.0b $783.0m $102.0m $409.0m
Long Term Debt Issuance — — — — — — $1.0b $783.0m $102.0m $409.0m
Net Issuance Payments Of Debt — — — — — — ($95.0m) $3.0m ($39.0m) $154.0m
Net Long Term Debt Issuance — — — — — — ($95.0m) $3.0m ($39.0m) $154.0m
Net Short Term Debt Issuance — — — — — $65.0m $1.0m ($8.0m) — —
Proceeds from Issuance of Long-term Debt $3.8b $1.9b $490.0m $534.0m $583.0m $1.5b $1.0b $783.0m $102.0m $409.0m
Long Term Debt Payments — — — — — — ($1.1b) ($780.0m) ($141.0m) ($255.0m)
Repayment Of Debt — — — — — — ($1.1b) ($780.0m) ($141.0m) ($255.0m)
Repayments of Long-term Debt $1.9b $1.4b $1.0b $1.5b $2.3b $2.5b $1.0b $780.0m $141.0m $255.0m
Net Common Stock Issuance — — — — — — ($1.3b) ($218.0m) ($23.0m) ($65.0m)
Proceeds from Issuance of Common Stock $0 $0 — — — — — — — —
Common Stock Payments — — — — — — ($1.3b) ($218.0m) ($23.0m) ($65.0m)
Payments for Repurchase of Common Stock $132.0m $47.0m $732.0m $535.0m $42.0m $839.0m $1.3b $218.0m $23.0m $65.0m
Repurchases of common stock and payments of restricted stock tax withholding ($132.0m) ($47.0m) ($732.0m) ($535.0m) ($42.0m) ($839.0m) ($1.3b) ($218.0m) ($23.0m) ($65.0m)
Cash Dividends Paid — — — — — — ($673.0m) ($642.0m) ($643.0m) ($977.0m)
Common Stock Dividend Paid — — — — — — ($673.0m) ($642.0m) ($643.0m) ($977.0m)
Dividend Received CFO — — — — — — $204.0m $13.0m $0 $0
Dividends paid $733.0m $769.0m $789.0m $796.0m $806.0m $780.0m $673.0m $642.0m $643.0m $977.0m
Net Other Financing Charges — — — — — — ($2.0m) ($9.0m) ($70.0m) $180.0m
Proceeds from (Payments for) Other Financing Activities ($14.0m) ($8.0m) $0 ($1.0m) ($4.0m) ($18.0m) ($3.0m) ($1.0m) ($1.0m) ($1.0m)
Net Cash Provided by (Used in) Financing Activities $982.0m ($399.0m) ($2.0b) ($2.4b) ($2.7b) ($7.4b) ($2.1b) ($866.0m) ($775.0m) ($708.0m)
Effect Of Exchange Rate Changes — — — — — — ($3.0m) $10.0m ($38.0m) $25.0m
Effect of Exchange Rate Changes on Cash $21.0m $18.0m ($40.0m) $1.0m ($8.0m) ($9.0m) ($3.0m) $10.0m ($38.0m) $25.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $21.0m $18.0m ($40.0m) $1.0m ($8.0m) ($9.0m) ($3.0m) $10.0m ($38.0m) $25.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $21.0m $18.0m ($40.0m) $1.0m $84.0m $700.0m ($491.0m) $309.0m $57.0m ($9.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $595.0m $1.3b $804.0m $1.1b $1.2b —
Cash, Cash Equivalents, and Short-term Investments $1.0b $1.0b $589.0m $511.0m $595.0m $1.3b $804.0m $1.1b $1.2b —
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($491.0m) $309.0m $57.0m ($9.0m)
Income Taxes Paid, Net $90.0m $7.0m $388.0m $349.0m $162.0m $601.0m $345.0m $340.0m $394.0m $161.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.