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Tables in the 10-K of INTERNATIONAL PAPER CO /NEW/

148 tables with numbers, filed Feb 22, 2018. Each one downloads as an Excel file or a CSV (numbers are stored as numbers), with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

PART I.		1
ITEM 1.	BUSINESS.	1
	General	1
	Financial Information Concerning Industry Segments	1
	Financial Information About International and U.S. Operations	1
	Competition and Costs	1
	Marketing and Distribution	2
	Description of Principal Products	2

ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.	36
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.	37
	Report of Management on Financial Statements, Internal Control over Financial Reporting and Internal Control Environment and Board of Directors Oversight	37
	Reports of Deloitte & Touche LLP, Independent Registered Public Accounting Firm	39
	Consolidated Statement of Operations	41
	Consolidated Statement of Comprehensive Income	42
	Consolidated Balance Sheet	43
	Consolidated Statement of Cash Flows	44

In thousands of short tons (except as noted)	2017	2016	2015
Industrial Packaging
Corrugated Packaging (c)	10,413		10,392	10,284
Containerboard	3,294		3,091	3,110
Recycling	2,257		2,450	2,379
Saturated Kraft	181		182	156
Gypsum/Release Kraft	229		200	171
Bleached Kraft	27		24	23

Period	Total Number of Shares Purchased (a)	Average Price Paid per Share	Total Number of Shares (or Units) Purchased as Part of Publicly Announced Programs	Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (in billions)
October 1, 2017 - October 31, 2017	78		$56.82		—	$0.933
November 1, 2017 - November 30, 2017	—		—		—	0.933
December 1, 2017 - December 31, 2017	5,257		56.96		—	0.933
Total	5,335

Dollar amounts in millions, except per share amounts and stock prices	2017	2016		2015		2014	2013
RESULTS OF OPERATIONS
Net sales	$21,743		$19,495			$20,675		$21,889		$21,244
Costs and expenses, excluding interest	20,323		18,180			18,988		20,548		19,540
Earnings (loss) from continuing operations before income taxes and equity earnings	848	(b)	795		(e)	1,132	(h)	734	(k)	1,092	(n)
Equity earnings (loss), net of taxes	177		198			117		(200)		(39)
Discontinued operations, net of taxes	34	(c)	102		(f)	85	(i)	77	(l)	(215)	(o)
Net earnings (loss)	2,144	(b-d)	902		(e-g)	917	(h-j)	536	(k-m)	1,378	(n-p)

	2017
In millions	Before Tax	After Tax
Gain on sale of investment in ArborGen	$(14)		$(9)
Costs associated with the pulp business acquired in 2016	33		20
Amortization of Weyerhaeuser inventory fair value step-up	14		8
Holmen bargain purchase gain	(6)		(6)
Abandoned property removal	20		13
Kleen Products settlement	354		219

In millions	2017
International legal entity restructuring	$34
Income tax refund claims	(113)
Cash pension contribution	38
International Tax Law Change	9
Tax benefit of Tax Cuts and Jobs Act	(1,222)
Tax impact of other special items	$(1,254)

In millions	2015
IP-Sun JV impairment	$(67)
Cash pension contribution	23
Other items	7
Tax impact of other special items	$(37)

In millions	2014
State legislative tax change	$10
Internal restructuring	(90)
Other items	(1)
Tax impact of other special items	$(81)

In millions	2013
Settlement of U.S. federal tax audits	$(744)
Income tax reserve release	(31)
Other items	1
Tax impact of other special items	$(774)

	2017
In millions	Before Tax	After Tax
North American Consumer Packaging transaction costs	$17		$10
Non-operating pension expense	45		28
Total	$62		$38

	2016
In millions	Before Tax	After Tax
Riegelwood mill conversion costs	$9		$6
India Packaging evaluation write-off	17		11
Write-off of certain regulatory pre-engineering costs	8		5
Early debt extinguishment costs	29		18
Costs associated with the newly acquired pulp business	31		21
Asia Box impairment / restructuring	70		58

	2015
In millions	Before Tax	After Tax
Riegelwood mill conversion costs, net of proceeds from sale of the Carolina Coated Bristols brand	$8		$4
Timber monetization restructuring	16		10
Early debt extinguishment costs	207		133
IP-Sun JV impairment	174		180
Legal reserve adjustment	15		9
Refund and state tax credits	(4)		(2)

	2014
In millions	Before Tax	After Tax
Temple-Inland integration	$16		$10
Courtland mill shutdown	554		338
Early debt extinguishment costs	276		169
India legal contingency resolution	(20)		(20)
Multi-employer pension plan withdrawal liability	35		21
Foreign tax amnesty program	32		17

	Three Months Ended December 31, 2017	Three Months Ended September 30, 2017		Three Months Ended December 31, 2016
Diluted Earnings (Loss) Attributable to Shareholders	$1,460		$395		$218
Add back - Discontinued operations (gain) loss	8		(29)		(24)
Diluted Earnings (Loss) from Continuing Operations	1,468		366		194
Add back - Non-operating pension (income) expense	386		33		37
Add back - Net special items expense (income)	106		23		45
Income tax effect - Non-operating pension and special items expense	(1,430)		(2)		3
Adjusted Operating Earnings (Loss) Attributable to Shareholders	$530		$420		$279

Restructuring and Other
In millions	2017	2016		2015
Business Segments
Turkey mill closure	$—		$7		(a)	$—
	—		7			—
Corporate
Early debt extinguishment costs (see Note 13)	$83		$29			$207
Gain on sale of investment in ArborGen	(14)		—			—

Other Corporate Items
In millions	2017	2016	2015
Write-off of certain regulatory pre-engineering costs	$—		$8	$—
Other	—		—	(4)
Total	$—		$8	$(4)

North American Industrial Packaging
In millions	2017	2016	2015
Net Sales (a)	$13,329		$12,450	$12,618
Operating Profit (Loss)	$1,504		$1,757	$2,009
Kleen Products anti-trust settlement	354		—	—
Other	14		—	—
Operating Profit Before Special Items	$1,872		$1,757	$2,009

EMEA Industrial Packaging
In millions	2017	2016	2015
Net Sales	$1,334		$1,227	$1,114
Operating Profit (Loss)	$6		$15	$13
Holmen mill net bargain purchase gain	(6)		—	—
Turkey Mill Closure	—		7	—
Operating Profit Before Special Items	$—		$22	$13

Brazilian Industrial Packaging
In millions	2017	2016	2015
Net Sales	$251		$232	$228
Operating Profit (Loss)	$(35)		$(43)	$(163)
Brazil Packaging goodwill and trade name impairment	10		—	137
Operating Profit Before Special Items	$(25)		$(43)	$(26)

European Coated Paperboard
In millions	2017	2016	2015
Net Sales	$335		$327	$319
Operating Profit (Loss)	$72		$93	$87

Asian Industrial Packaging
In millions	2017	2016	2015
Net Sales	$—		$133	$280
Operating Profit (Loss)	$—		$(81)	$(8)
Asia Packaging restructuring and impairment	—		70	—
Operating Profit Before Special Items	$—		$(11)	$(8)

Global Cellulose Fibers
In millions	2017	2016	2015
Net Sales	$2,551		$1,092	$975
Operating Profit (Loss)	$65		$(179)	$68
Acquisition costs	33		31	—
Inventory fair value step-up amortization	14		19	—
Other	4		—	—
Operating Profit Before Special Items	$116		$(129)	$68

Printing Papers
In millions	2017	2016	2015
Net Sales	$4,157		$4,058	$4,056
Operating Profit (Loss)	$457		$540	$465
Other	2		—	—
Operating Profit Before Special Items	$459		$540	$465

Tables in the 10-K of INTERNATIONAL PAPER CO /NEW/

Table 1 after “DECEMBER 31, 2017”

Table 2 after “DECEMBER 31, 2017”

Table 3 after “Sales Volumes by Product (a)”

Table 4 after “PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS.”

Table 5 after “FIVE-YEAR FINANCIAL SUMMARY (a)”

Table 6 after “(b) Includes the following charges (gains):”

Table 7 after “(c) Includes the operating earnings of the North American Consumer Packaging business for the full year. Also includes the following charges”

Table 8 after “(d) Includes the following tax expenses (benefits):”

Table 9 after “(e) Includes the following charges (gains):”

Table 10 after “(f) Includes the operating earnings of the North American Consumer Packaging business for the full year. Also includes the following charges”

Table 11 after “(g) Includes the following tax expenses (benefits):”

Table 12 after “(h) Includes the following charges (gains):”

Table 13 after “(j) Includes the following tax expenses (benefits):”

Table 14 after “(k) Includes the following charges (gains):”

Table 15 after “(l) Includes the operating earnings of the North American Consumer Packaging business and the xpedx business prior to the spin-off and the f”

Table 16 after “(m) Includes the following tax expenses (benefits):”

Table 17 after “(n) Includes the following charges (gains):”

Table 18 after “(o) Includes the operating earnings of the North American Consumer Packaging business and the xpedx business for the full year, and the Temp”

Table 19 after “(p) Includes the following tax expenses (benefits):”

Table 20 after “The following are reconciliations of Diluted earnings (loss) attributable to common shareholders to Adjusted operating earnings attributable”

Table 21 after “The following are reconciliations of Diluted earnings (loss) attributable to common shareholders to Adjusted operating earnings attributable”

Table 22 after “The following are reconciliations of Diluted earnings (loss) attributable to common shareholders to Adjusted operating earnings attributable”

Table 23 after “The following are reconciliations of Diluted earnings (loss) attributable to common shareholders to Adjusted operating earnings attributable”

Table 24 after “, respectively. The following are reconciliations of free cash flow to cash provided by operations:”

Table 25 after “, respectively. The following are reconciliations of free cash flow to cash provided by operations:”

Table 26 after “The following table presents a reconciliation of net earnings (loss) from continuing operations attributable to International Paper Company ”

Table 27 after “, 2016 and 2015 were as follows:”

Table 28 after “were recorded. Details of these charges are as follows:”

Table 29 after “, respectively. Details of these charges were as follows:”

Table 30 after “Demand for Industrial Packaging products is closely correlated with non-durable industrial goods production, as well as with demand for proc”

Table 31 after “. Comparing 2017 with 2016, benefits from higher average sales price realizations and mix ($593 million) and higher sales volumes ($75 milli”

Table 32 after “Table of Contents”

Table 33 after “Entering the first quarter of 2018, compared with the fourth quarter of 2017 sales volumes are expected to be slightly lower. Average sales ”

Table 34 after “Looking ahead to the first quarter of 2018, compared with the fourth quarter of 2017, sales volumes are expected to be higher for boxes, but”

Table 35 after “Looking forward to the first quarter of 2018, compared with the fourth quarter of 2017, sales volumes are expected to increase in Europe, bu”

Table 36 after “Demand for Cellulose Fibers products is closely correlated with changes in demand for absorbent hygiene products and is further affected by ”

Table 37 after “Demand for Printing Papers products is closely correlated with changes in commercial printing and advertising activity, direct mail volumes ”

Table 38 after “. Comparing 2017 with 2016, benefits from higher sales volumes ($25 million), lower planned maintenance downtime costs ($15 million) and low”

Table 39 after “Entering the first quarter of 2018, sales volumes are expected to be seasonally higher. Average sales margins should be relatively flat. Ope”

Table 40 after “Looking ahead to 2018, compared with the fourth quarter of 2017, sales volumes for uncoated freesheet paper in the first quarter are expecte”

Table 41 after “Entering 2018, sales volumes for uncoated freesheet paper in the first quarter are expected to be stable. Average sales price realizations a”

Table 42 after “, excluding amounts related to discontinued operations of $111 million in 2017, $107 million in 2016 and $177 million in 2015.”

Table 43 after “were as follows:”

Table 44 after “, were as follows:”

Table 45 after “, for International Paper’s pension and postretirement plans were as follows:”

Table 46 after “The table below shows assumptions used by International Paper to calculate U.S. pension obligations for the years shown:”

Table 47 after “Additionally, health care cost trend rates and other assumptions used in the calculation of U.S. postretirement obligations for the years sh”

Table 48 after “Actual rates of return earned on U.S. pension plan assets for each of the last 10 years were:”

Table 49 after “Net periodic pension and postretirement plan expenses, calculated for all of International Paper’s plans, were as follows:”

Table 50 after “, projected future net periodic pension and postretirement plan expenses would be as follows:”

Table 51 after “CONSOLIDATED STATEMENT OF OPERATIONS”

Table 52 after “CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)”

Table 53 after “CONSOLIDATED BALANCE SHEET”

Table 54 after “CONSOLIDATED STATEMENT OF CASH FLOWS”

Table 55 after “CONSOLIDATED STATEMENT OF CHANGES IN EQUITY”

Table 56 after “continuing operations, and diluted earnings (loss) per share from continuing operations is as follows:”

Table 57 after “The following table presents changes in AOCI, net of tax, reported in the consolidated financial statements for the years ended December 31:”

Table 58 after “Reclassifications out of AOCI for the three years ended December 31 were as follows:”

Table 59 after “before taxes were recorded. These charges included:”

Table 60 after “before taxes were recorded. These charges included:”

Table 61 after “before taxes were recorded. These charges included:”

Table 62 after “The following table summarizes the provisional fair value assigned to assets and liabilities acquired as of June 30, 2017:”

Table 63 after “The following table summarizes the final fair values assigned to assets and liabilities acquired as of December 1, 2016:”

Table 64 after “The identifiable intangible assets acquired in connection with the acquisition of the Weyerhaeuser pulp business included the following:”

Table 65 after “using June 30, 2016 exchange rate). The assignment of fair value to assets acquired and liabilities assumed was completed in the first quart”

Table 66 after “All current and historical operating results for North American Consumer Packaging are included in Discontinued operations, net of tax, in t”

Table 67 after “All current and historical assets and liabilities of North American Consumer Packaging are classified as current and long-term assets held f”

Table 68 after “Accounts and notes receivable, net of allowances, by classification were:”

Table 69 after “INVENTORIES”

Table 70 after “PLANTS, PROPERTIES AND EQUIPMENT”

Table 71 after “Amounts related to interest were as follows:”

Table 72 after “:”

Table 73 after “Identifiable intangible assets comprised the following:”

Table 74 after “The Company recognized the following amounts as amortization expense related to intangible assets:”

Table 75 after “The components of International Paper’s earnings from continuing operations before income taxes and equity earnings by taxing jurisdiction w”

Table 76 after “The provision (benefit) for income taxes from continuing operations (excluding noncontrolling interests) by taxing jurisdiction was as follo”

Table 77 after “A reconciliation of income tax expense using the statutory U.S. income tax rate compared with the actual income tax provision follows:”

Table 78 after “, were as follows:”

Table 79 after “is as follows:”

North American Printing Papers
In millions	2017	2016	2015
Net Sales	$1,833		$1,890	$1,942
Operating Profit (Loss)	$132		$236	$179
Other	2		—	—
Operating Profit Before Special Items	$134		$236	$179

Brazilian Papers
In millions	2017	2016	2015
Net Sales (a)	$972		$897	$878
Operating Profit (Loss)	$194		$173	$186

European Papers
In millions	2017	2016	2015
Net Sales	$1,187		$1,109	$1,064
Operating Profit (Loss)	$136		$142	$111

Indian Papers
In millions	2017	2016	2015
Net Sales	$189		$167	$172
Operating Profit (Loss)	$(5)		$(11)	$(11)

In millions	2018	2019	2020	2021	2022	Thereafter
Maturities of long-term debt (a)	$311		$126		$164		$440	$956	$9,160
Lease obligations	130		102		77		53	37	141
Purchase obligations (b)	3,415		680		583		523	463	2,197
Total (c)	$3,856		$908		$824		$1,016	$1,456	$11,498

In millions	Benefit Obligation	Fair Value of Plan Assets
U.S. qualified pension	$12,895		$11,368
U.S. nonqualified pension	369		—
U.S. postretirement	270		—
Non-U.S. pension	247		176
Non-U.S. postretirement	25		—

	2017	2016
Discount rate	3.50%		4.00%
Health care cost trend rate assumed for next year	6.50%		6.50%
Rate that the cost trend rate gradually declines to	5.00%		5.00%
Year that the rate reaches the rate it is assumed to remain	2022		2022

Year	Return	Year	Return
2017	19.3%		2012	14.1%
2016	7.1%		2011	2.5%
2015	1.3%		2010	15.1%
2014	6.4%		2009	23.8%
2013	14.1%		2008	(23.6)%

In millions, except per share amounts, for the years ended December 31	2017	2016	2015
NET SALES	$21,743		$19,495	$20,675
COSTS AND EXPENSES
Cost of products sold	15,300		14,057	14,313
Selling and administrative expenses	1,653		1,484	1,539
Depreciation, amortization and cost of timber harvested	1,343		1,124	1,167
Distribution expenses	1,434		1,237	1,248
Taxes other than payroll and income taxes	169		154	158

In millions for the years ended December 31	2017	2016	2015
NET EARNINGS (LOSS)	$2,144		$902	$917
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Amortization of pension and postretirement prior service costs and net loss:
U.S. plans (less tax of $280, $343 and $186)	486		545	296
Pension and postretirement liability adjustments:
U.S. plans (less tax of $69, $283 and $206)	56		(451)	(329)
Non-U.S. plans (less tax of $1, $4 and $0)	3		3	(2)