Below are the financial statements of International Paper, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 18,619a | 18,916a | 21,161a |
| Costs and expenses | — | — | — |
| Cost of products sold | -13,376a | -13,629a | -15,143a |
| Selling and administrative expenses | -1,840a | -1,360a | -1,293a |
| Depreciation and amortization | -1,305a | -1,432a | -1,040a |
| Distribution expenses | -1,475a | -1,575a | -1,783a |
| Taxes other than payroll and income taxes | -147a | -154a | -148a |
| Restructuring and other charges, net | -221a | -99a | -89a |
| Net (gains) losses on sales and impairments of businesses | 0a | 0a | 76a |
| Net (gains) losses on sales of equity method investments | 0a | 0a | 10a |
| Net (gains) losses on sales of fixed assets | -58a | 0a | 0a |
| Net (gains) losses on mark to market investments | 0a | 0a | -65a |
| Interest expense, net | -208a | -231a | -325a |
| Non-operating pension (income) expense | -42a | 54a | -192a |
| Earnings (loss) from continuing operations before income taxes and equity earnings (losses) | 147a | 382a | 1,511a |
| Income tax provision (benefit) | -415a | 59a | -236a |
| Equity earnings (loss), net of taxes | -5a | -21a | -6a |
| Earnings (loss) from continuing operations | 557a | 302a | 1,741a |
| Discontinued operations, net of taxes | 0a | -14a | -237a |
| Net earnings (loss) | 557a | 288a | 1,504a |
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