Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.
🟢 New in Current Filing
Risks Related to Climate and Weather and Social and Environmental Impact Reporting
🔒
🟢 New in Current Filing
could continue to affect, our profitability.
🔒
🟢 New in Current Filing
separation.
🔒
🟢 New in Current Filing
and local weather conditions as well as by legal, regulatory, and market responses to climate change.
🔒
🟢 New in Current Filing
RISK MANAGEMENT AND STRATEGY
🔒
🟢 New in Current Filing
Engagement of Third Parties
🔒
🟢 New in Current Filing
MILLS AND PLANTS
🔒
🟢 New in Current Filing
PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS.
🔒
🟢 New in Current Filing
2025 Financial Summary
🔒
🟢 New in Current Filing
Non-GAAP Financial Measures
🔒
🟢 New in Current Filing
comparable GAAP measures:
🔒
🟢 New in Current Filing
Reconciliation of Earnings (loss) from continuing operations to Adjusted operating earnings (loss)
🔒
🟢 New in Current Filing
Adjusted Operating Earnings (Loss)
🔒
🟢 New in Current Filing
share basis
🔒
🟢 New in Current Filing
Reconciliation of Earnings (loss) from continuing operations to Adjusted EBITDA from continuing
🔒
🟢 New in Current Filing
In millions
🔒
🟢 New in Current Filing
Adjusted EBITDA from Continuing Operations
🔒
🟢 New in Current Filing
Reconciliation of Cash provided by operations to Free cash flow
🔒
🟢 New in Current Filing
effective income tax rate to the operational effective tax rate
🔒
🟢 New in Current Filing
Provision (Benefit)
🔒
🟢 New in Current Filing
Effective Tax Rate
🔒
🟢 New in Current Filing
Effects of Net Special Items Expense (Income)
🔒
🟢 New in Current Filing
Special Items
🔒
🟢 New in Current Filing
RESULTS OF OPERATIONS
🔒
🟢 New in Current Filing
Net earnings (loss)
🔒
🟢 New in Current Filing
Depreciation and amortization
🔒
🟢 New in Current Filing
Discontinued operations, net of taxes
🔒
🟢 New in Current Filing
In millions20252024Sales$15,175$14,293Business Segment Operating Profit (Loss)$572$891
🔒
🟢 New in Current Filing
In millions20252024Sales$8,451$1,355Business Segment Operating Profit (Loss)$(236)$60
🔒
🟢 New in Current Filing
INVESTMENT ACTIVITIES
🔒
🟢 New in Current Filing
Capital Expenditures
🔒
🟢 New in Current Filing
FINANCING ACTIVITIES
🔒
🟢 New in Current Filing
Variable Interest Entities
🔒
🟢 New in Current Filing
LIQUIDITY AND CAPITAL RESOURCES OUTLOOK FOR 2026
🔒
🟢 New in Current Filing
Long-Term Debt
🔒
🟢 New in Current Filing
PENSION BENEFIT OBLIGATIONS
🔒
🟢 New in Current Filing
Net (income) expense
🔒
🟢 New in Current Filing
BUSINESS COMBINATIONS
🔒
🟢 New in Current Filing
INTEREST RATE RISK
🔒
🟢 New in Current Filing
Goodwill – Packaging Solutions EMEA – Refer to Notes 1 and 12 to the financial statements
🔒
🟢 New in Current Filing
COSTS AND EXPENSES
🔒
🟢 New in Current Filing
EARNINGS (LOSSES)
🔒
🟢 New in Current Filing
EARNINGS (LOSS) FROM CONTINUING OPERATIONS
🔒
🟢 New in Current Filing
NET EARNINGS (LOSS)
🔒
🟢 New in Current Filing
BASIC EARNINGS (LOSS) PER SHARE
🔒
🟢 New in Current Filing
DILUTED EARNINGS (LOSS) PER SHARE
🔒
🟢 New in Current Filing
NET EARNINGS (LOSS)
🔒
🟢 New in Current Filing
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
🔒
🟢 New in Current Filing
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
🔒
🟢 New in Current Filing
COMPREHENSIVE INCOME (LOSS)
🔒
🟢 New in Current Filing
CONSOLIDATED BALANCE SHEET
🔒
🟢 New in Current Filing
TOTAL ASSETS
🔒
🟢 New in Current Filing
LIABILITIES AND EQUITY
🔒
🟢 New in Current Filing
TOTAL LIABILITIES AND EQUITY
🔒
🟢 New in Current Filing
OPERATING ACTIVITIES
🔒
🟢 New in Current Filing
CASH PROVIDED BY (USED FOR) OPERATING ACTIVITIES
🔒
🟢 New in Current Filing
INVESTMENT ACTIVITIES
🔒
🟢 New in Current Filing
CASH PROVIDED BY (USED FOR) INVESTMENT ACTIVITIES
🔒
🟢 New in Current Filing
FINANCING ACTIVITIES
🔒
🟢 New in Current Filing
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES
🔒
🟢 New in Current Filing
Cash and Temporary Investments
🔒
🟢 New in Current Filing
Total Equity
🔒
🟢 New in Current Filing
Issuance of stock for various plans, net
🔒
🟢 New in Current Filing
Issuance of stock for DS Smith acquisition
🔒
🟢 New in Current Filing
Repurchase of stock
🔒
🟢 New in Current Filing
Dividends ($1.850 per share)
🔒
🟢 New in Current Filing
Comprehensive income (loss)
🔒
🟢 New in Current Filing
BALANCE, DECEMBER 31, 2025
🔒
🔴 No Match in Current Filing
Risks Related to our Operations
🔒
🔴 No Match in Current Filing
We may fail to successfully integrate DS Smith and realize the anticipated benefits and operating synergies expected from the business combination, which could adversely affect our business, financial condition and operating results.
🔒
🔴 No Match in Current Filing
The business combination may expose us to significant unanticipated liabilities that could adversely affect our business, financial condition and results of operations.
🔒
🔴 No Match in Current Filing
Fluctuations in the prices of and the demand for our products due to factors such as economic cyclicality and changes in customer or consumer preferences, and government regulation could materially affect our financial condition, results of operations and cash flows.
🔒
🔴 No Match in Current Filing
There are risks associated with our review of strategic options for our Global Cellulose Fibers business, and there is no assurance that this review will result in any transaction or other outcome.
🔒
🔴 No Match in Current Filing
If our spin-off of Sylvamo Corporation were to fail to qualify for non-recognition treatment for U.S. federal income tax purposes, then we may be subject to significant U.S. federal income taxes.
🔒
🔴 No Match in Current Filing
Our U.S. funded pension plan is currently fully funded on a projected benefit obligation basis; however, the possibility exists that over time we may be required to make cash payments to the plan, reducing the cash available for our business.
🔒
🔴 No Match in Current Filing
MILLS AND PLANTS
🔒
🔴 No Match in Current Filing
EXECUTIVE SUMMARY
🔒
🔴 No Match in Current Filing
Acquisition of DS Smith
🔒
🔴 No Match in Current Filing
LIQUIDITY AND CAPITAL RESOURCES
🔒
🔴 No Match in Current Filing
Selling and administrative expenses
🔒
🔴 No Match in Current Filing
Income tax provision (benefit)
🔒
🔴 No Match in Current Filing
Net earnings (loss) and earnings (loss) from continuing operations
🔒
🔴 No Match in Current Filing
DISCONTINUED OPERATIONS
🔒
🔴 No Match in Current Filing
DESCRIPTION OF BUSINESS SEGMENTS
🔒
🔴 No Match in Current Filing
GLOBAL CELLULOSE FIBERS
🔒
🔴 No Match in Current Filing
Industrial Packaging In millions20242023Net Sales$15,534 $15,596 Operating Profit (Loss)$951 $919
🔒
🔴 No Match in Current Filing
EMEA Industrial Packaging In millions20242023Net Sales$1,355 $1,398 Operating Profit (Loss)$60 $80
🔒
🔴 No Match in Current Filing
GLOBAL CELLULOSE FIBERS
🔒
🔴 No Match in Current Filing
Global Cellulose Fibers In millions20242023Net Sales$2,793 $2,890 Operating Profit (Loss)$(226)$(92)
🔒
🔴 No Match in Current Filing
CASH PROVIDED BY OPERATING ACTIVITIES
🔒
🔴 No Match in Current Filing
INVESTMENT ACTIVITIES
🔒
🔴 No Match in Current Filing
Interest Rate Swaps
🔒
🔴 No Match in Current Filing
Variable Interest Entities
🔒
🔴 No Match in Current Filing
CONTINGENT LIABILITIES
🔒
🔴 No Match in Current Filing
FOREIGN CURRENCY EFFECTS
🔒
🔴 No Match in Current Filing
CONSOLIDATED BALANCE SHEET
🔒
🔴 No Match in Current Filing
Dividends ($1.850 per share)
🔒
🔴 No Match in Current Filing
NATURE OF BUSINESS
🔒
🔴 No Match in Current Filing
FINANCIAL STATEMENTS
🔒
🔴 No Match in Current Filing
DISCONTINUED OPERATIONS
🔒
🔴 No Match in Current Filing
CONSOLIDATION
🔒
🔴 No Match in Current Filing
EQUITY METHOD INVESTMENTS
🔒
🔴 No Match in Current Filing
OTHER-THAN-TEMPORARY IMPAIRMENT
🔒
🔴 No Match in Current Filing
BUSINESS COMBINATIONS
🔒
🔴 No Match in Current Filing
RESTRUCTURING LIABILITIES AND COSTS
🔒
🔴 No Match in Current Filing
REVENUE RECOGNITION
🔒
🔴 No Match in Current Filing
TEMPORARY INVESTMENTS
🔒
🔴 No Match in Current Filing
INVENTORIES
🔒
🔴 No Match in Current Filing
LEASED ASSETS
🔒
🔴 No Match in Current Filing
PLANTS, PROPERTIES AND EQUIPMENT
🔒
🔴 No Match in Current Filing
IMPAIRMENT OF LONG-LIVED ASSETS
🔒
🔴 No Match in Current Filing
INCOME TAXES
🔒
🔴 No Match in Current Filing
ENVIRONMENTAL REMEDIATION COSTS
🔒
🔴 No Match in Current Filing
TRANSLATION OF FINANCIAL STATEMENTS
🔒
🔴 No Match in Current Filing
FAIR VALUE MEASUREMENTS
🔒
🔴 No Match in Current Filing
NOTE 2 RECENT ACCOUNTING DEVELOPMENTS
🔒
🔴 No Match in Current Filing
Reference Rate Reform
🔒
🔴 No Match in Current Filing
Segment Reporting
🔒
🔴 No Match in Current Filing
Disaggregation of Income Statement Expenses
🔒
🔴 No Match in Current Filing
Income Taxes
🔒
🔴 No Match in Current Filing
DISAGGREGATED REVENUE
🔒
🔴 No Match in Current Filing
Primary Geographical Markets (a)
🔒
🔴 No Match in Current Filing
Primary Geographical Markets (a)
🔒
🔴 No Match in Current Filing
Primary Geographical Markets (a)
🔒
🔴 No Match in Current Filing
REVENUE CONTRACT BALANCES
🔒
🔴 No Match in Current Filing
PERFORMANCE OBLIGATIONS AND SIGNIFICANT JUDGMENTS
🔒
🔴 No Match in Current Filing
NOTE 4 EARNINGS PER SHARE ATTRIBUTABLE TO INTERNATIONAL PAPER COMPANY COMMON SHAREHOLDERS
🔒
🔴 No Match in Current Filing
NOTE 5 OTHER COMPREHENSIVE INCOME
🔒
🔴 No Match in Current Filing
NOTE 6 RESTRUCTURING AND OTHER CHARGES, NET
🔒
🔴 No Match in Current Filing
COMPLETED BUSINESS COMBINATION OF DS SMITH
🔒
🔴 No Match in Current Filing
TEMPORARY INVESTMENTS
🔒
🔴 No Match in Current Filing
ACCOUNTS AND NOTES RECEIVABLE
🔒
🔴 No Match in Current Filing
INVENTORIES
🔒
🔴 No Match in Current Filing
PLANTS, PROPERTIES AND EQUIPMENT
🔒
🔴 No Match in Current Filing
ACCOUNTS PAYABLE
🔒
🔴 No Match in Current Filing
ASSET RETIREMENT OBLIGATIONS
🔒
🔴 No Match in Current Filing
NOTE 9 LEASES
🔒
🔴 No Match in Current Filing
COMPONENTS OF LEASE EXPENSE
🔒
🔴 No Match in Current Filing
SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES
🔒
🔴 No Match in Current Filing
LEASE TERM AND DISCOUNT RATE
🔒
🔴 No Match in Current Filing
SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES
🔒
🔴 No Match in Current Filing
MATURITY OF LEASE LIABILITIES
🔒
🔴 No Match in Current Filing
NOTE 10 EQUITY METHOD INVESTMENTS
🔒
🔴 No Match in Current Filing
ILIM S.A. ("Ilim")
🔒
🔴 No Match in Current Filing
NOTE 11 GOODWILL AND OTHER INTANGIBLES
🔒
🔴 No Match in Current Filing
OTHER INTANGIBLES
🔒
🔴 No Match in Current Filing
NOTE 12 INCOME TAXES
🔒
🔴 No Match in Current Filing
NOTE 13 COMMITMENTS AND CONTINGENT LIABILITIES
🔒
🔴 No Match in Current Filing
Environmental
🔒
🔴 No Match in Current Filing
Asbestos-Related Matters
🔒
🔴 No Match in Current Filing
NOTE 14 VARIABLE INTEREST ENTITIES
🔒
🔴 No Match in Current Filing
NOTE 15 DEBT AND LINES OF CREDIT
🔒
🔴 No Match in Current Filing
NOTE 16 CAPITAL STOCK
🔒
🔴 No Match in Current Filing
NOTE 17 RETIREMENT PLANS
🔒
🔴 No Match in Current Filing
OBLIGATIONS AND FUNDED STATUS
🔒
🔴 No Match in Current Filing
NET PERIODIC PENSION EXPENSE
🔒
🔴 No Match in Current Filing
ASSUMPTIONS
🔒
🔴 No Match in Current Filing
PLAN ASSETS
🔒
🔴 No Match in Current Filing
Fair Value Measurement at December 31, 2024
🔒
🔴 No Match in Current Filing
Other Investments at December 31, 2024InvestmentFair ValueUnfunded CommitmentsRedemption FrequencyRemediation Notice PeriodIn millionsHedge funds$1,148 $93 Quarterly to semi-annually45 - 60 daysPrivate equity599 50 (a)NoneReal estate funds689 79 Quarterly45 - 60 daysTotal$2,436 $222
🔒
🟡 Modified
FOREIGN CURRENCY RISK
🔒
🟡 Modified
requirements, could impact our business and results of operations.
🔒
🟡 Modified
common stock and result in pricing differentials of shares of common stock between the two exchanges.
🔒
🟡 Modified
Acquisitions
🔒
🟡 Modified
Internal Control Environment And Board Of Directors Oversight
🔒
🟡 Modified
Basis for Opinion
🔒
🟡 Modified
Opinion on Internal Control over Financial Reporting
🔒
🟡 Modified
Oversight of Third Parties
🔒
🟡 Modified
Internal Control Over Financial Reporting
🔒
🟡 Modified
Retirement Plans — Fair value of other investments — Refer to Note 19 to the financial statements
🔒
🟡 Modified
Material disruptions at one of our manufacturing facilities could negatively impact financial results.
🔒
🟡 Modified
including key management personnel.
🔒
🟡 Modified
financial condition, results of operations and cash flows.
🔒
🟡 Modified
Taxes other than payroll and income taxes
🔒
🟡 Modified
of the Sarbanes-Oxley Act, and therefore adversely affect the business of the Company and its share price.
🔒
🟡 Modified
competitive advantage.
🔒
🟡 Modified
maintaining certain indebtedness and may result in the acceleration of deferred taxes.
🔒
🟡 Modified
used to manage operations and other business processes.
🔒
🟡 Modified
Our Cybersecurity Risk Assessment Program
🔒
🟡 Modified
adversely affect our business and operations.
🔒
🟡 Modified
Opinion on the Financial Statements
🔒
🟡 Modified
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)
🔒
🟡 Modified
Our pension and health care costs are subject to numerous factors which could cause these costs to
🔒
🟡 Modified
operate our business.
🔒
🟡 Modified
Risks Related to Legal Proceedings and Compliance Costs
🔒
🟡 Modified
5.11%-5.16%
🔒
🟡 Modified
affect our cost of financing and have an adverse effect on the market price of our securities.
🔒
🟡 Modified
FOREIGN CURRENCY EFFECTS
🔒
🟡 Modified
in technology used to manage operations and other business processes.
🔒
🟡 Modified
We could be exposed to liability for Brazilian taxes under our agreements with Sylvamo Corporation.
🔒
🟡 Modified
Capital Expenditures
🔒
🟡 Modified
including our ability to pay a cash dividend.
🔒
🟡 Modified
Interest Rate Swaps
🔒
🟡 Modified
IMPAIRMENT OF LONG-LIVED ASSETS AND GOODWILL
🔒
🟡 Modified
BUSINESS SEGMENT RESULTS
🔒
🟡 Modified
Our failure to maintain good employee or labor relations may affect our respective operations.
🔒
🟡 Modified
INCOME TAXES
🔒
🟡 Modified
Distribution expenses
🔒
🟡 Modified
Interest expense, net
🔒
🟡 Modified
Role of the Board of Directors and its Committees
🔒
🟡 Modified
CAPITAL INVESTMENTS AND DISPOSITIONS
🔒
🟡 Modified
reducing the cash available for our business.
🔒
🟡 Modified
COMMODITY PRICE RISK
🔒
🟡 Modified
financial results.
🔒
🟡 Modified
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
🔒
🟡 Modified
ISSUER PURCHASES OF EQUITY SECURITIES
🔒
🟡 Modified
CASH PROVIDED BY OPERATING ACTIVITIES
🔒
🟡 Modified
DESCRIPTION OF BUSINESS SEGMENTS
🔒
🟡 Modified
Risks Related to our Pension and Healthcare Costs
🔒
🟡 Modified
Business Segment Operating Profit (Loss)
🔒
🟡 Modified
TWELVE MONTHS ENDED DECEMBER 31, 2025 COMPARED TO THE TWELVE MONTHS ENDED DECEMBER 31, 2024
🔒
🟡 Modified
Cost of products sold
🔒
🟡 Modified
Income tax provision (benefit)
🔒
🟡 Modified
We may fail to identify, prioritize or implement digital and/or AI transformation initiatives.
🔒
🟡 Modified
Role of Management
🔒
🟡 Modified
offs, capital investments, capital projects and other corporate transactions that are or will be pursued.
🔒
🟡 Modified
Results of legal proceedings could have a material effect on our consolidated financial results.
🔒
🟡 Modified
Adjusted operating earnings (loss) and adjusted operating earnings (loss) per share are defined as earnings
🔒
🟡 Modified
PERFORMANCE GRAPH
🔒
🟡 Modified
initiatives, including our 80/20 approach.
🔒
🟡 Modified
EFFECT OF INFLATION
🔒
🟡 Modified
CRITICAL ACCOUNTING POLICIES AND SIGNIFICANT ACCOUNTING ESTIMATES
🔒
🟡 Modified
financial effect on our business.
🔒
🟡 Modified
to Note 1 and Note 7 to the financial statements
🔒
🟡 Modified
Business Segment Operating Profit (Loss)
🔒
🟡 Modified
Total Pre-Tax Special Items
🔒
🟡 Modified
CONSOLIDATED STATEMENT OF CASH FLOWS
🔒
🟡 Modified
Selling and administrative expenses
🔒
🟡 Modified
We are subject to risks associated with variable rate debt.
🔒
🟡 Modified
Definition and Limitations of Internal Control over Financial Reporting
🔒
🟡 Modified
Market Conditions
🔒
🟡 Modified
CONSOLIDATED STATEMENT OF OPERATIONS
🔒