International paper company (IP)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current Assets
Cash and temporary investments

1,239

511

697

787

641

589

1,026

1,073

1,141

1,018

998

1,041

998

1,033

2,562

1,254

1,155

1,050

1,104

1,590

1,576

1,881

1,718

1,293

1,341

1,802

1,946

1,205

934

1,302

1,275

1,228

1,288

3,994

2,722

2,399

2,049

2,073

1,429

1,871

1,749

1,892

1,652

1,654

1,144

Accounts and notes receivable, net

3,226

3,280

3,305

3,477

3,493

3,521

3,580

3,526

3,416

3,287

3,343

3,283

3,078

2,852

2,807

2,837

2,641

2,675

2,832

3,140

3,074

3,083

3,293

3,969

3,933

3,756

4,024

3,946

3,869

3,562

3,699

3,601

3,802

3,486

3,830

3,961

3,428

3,039

3,310

3,033

2,867

2,695

3,080

3,312

3,288

Contract assets

423

393

388

399

410

395

-383

381

388

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory, Net

2,002

2,208

2,194

2,224

2,301

2,241

2,130

2,050

2,057

2,313

2,465

2,361

2,394

2,233

2,222

2,165

2,217

2,228

2,340

2,424

2,437

2,424

2,493

2,798

2,809

2,825

2,841

2,745

2,793

2,730

2,667

2,650

2,748

2,320

2,326

2,405

2,390

2,347

2,336

2,212

2,145

2,179

2,278

2,209

2,495

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

287

297

295

-

326

330

333

331

334

307

303

302

421

322

340

323

512

498

468

296

550

334

343

339

330

328

334

368

207

166

261

Assets held for sale

112

0

278

286

-

-

0

0

0

1,377

-

-

-

361

-

-

216

-

1,095

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets of businesses held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

774

775

759

613

1,078

668

196

228

-

-

0

-

-

-

-

-

-

-

Other current assets

213

247

189

215

217

250

199

242

258

282

405

552

251

191

225

318

268

212

212

243

240

240

301

384

347

340

243

276

270

229

227

226

238

164

279

317

278

230

403

285

454

417

300

208

172

Financial assets of special purpose entities (Note 13)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,845

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets, Current

7,215

6,639

7,051

7,388

7,062

6,996

7,318

7,272

7,260

8,277

7,211

7,237

6,721

6,670

8,103

6,871

6,792

6,165

12,754

7,727

7,660

7,959

8,139

8,751

8,733

9,025

9,475

9,268

8,981

8,905

8,993

9,281

9,212

10,456

9,935

9,416

8,488

8,028

7,808

7,729

7,549

7,551

7,517

7,549

7,360

Plants, Properties and Equipment, net

12,691

13,004

12,845

12,962

13,071

13,067

13,088

13,193

13,335

13,265

14,065

14,040

14,049

13,003

12,205

12,233

12,037

11,980

11,832

12,561

12,488

12,728

12,897

13,204

13,194

13,672

13,697

13,838

14,141

13,949

13,923

13,956

15,159

11,817

11,401

11,821

11,952

12,002

12,030

12,008

12,235

12,688

13,699

13,766

14,202

Forestlands

308

391

378

405

401

402

388

396

453

448

468

451

471

456

447

450

399

366

356

448

435

507

547

598

578

557

580

578

631

622

618

617

681

660

674

796

763

747

730

729

737

757

749

691

594

Investments

1,370

1,721

1,651

1,646

1,770

1,648

1,615

1,538

1,490

390

336

325

311

360

325

279

287

228

260

335

272

248

530

727

659

733

755

730

810

887

870

759

869

657

706

684

1,095

1,133

1,065

1,101

1,077

1,077

1,102

1,068

1,274

Financial Assets of Variable Interest Entities (Note 16)

7,093

7,088

7,084

7,079

7,074

7,070

7,065

7,061

7,056

7,051

7,047

7,042

7,037

7,033

7,028

7,023

7,019

7,014

2,159

2,155

2,150

2,145

2,141

2,136

2,132

2,127

2,122

2,118

2,113

2,108

2,103

2,475

2,475

0

-

-

-

-

-

-

-

-

-

-

-

Long-Term Assets Held for Sale

-

-

-

-

-

-

-

-

-

-

-

-

-

1,018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

3,304

3,347

3,412

3,441

3,393

3,374

3,371

3,378

3,414

3,411

3,420

3,409

3,402

3,364

3,362

3,367

3,354

3,335

3,472

3,686

3,677

3,773

3,931

4,007

3,996

3,987

4,491

4,437

4,527

4,315

4,406

4,230

4,218

2,346

2,243

2,344

2,320

2,308

2,285

2,249

2,267

2,290

2,288

2,240

2,027

Right of Use Assets

422

434

425

408

415

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Charges and Other Assets

812

847

1,002

1,018

992

1,019

958

958

1,022

1,061

1,266

1,373

1,310

1,189

1,131

1,169

1,155

1,183

1,148

1,266

1,285

1,324

1,218

1,379

1,403

1,427

1,469

1,576

1,495

1,367

1,648

1,770

1,235

1,082

875

983

977

1,191

1,171

1,231

1,277

1,185

1,326

1,326

1,456

Total Assets

33,215

33,471

33,848

34,347

34,178

33,576

33,803

33,796

34,030

33,903

33,813

33,877

33,301

33,093

32,601

31,392

31,043

30,271

31,981

28,178

27,967

28,684

29,403

30,802

30,695

31,528

32,589

32,545

32,698

32,153

32,561

33,088

33,849

27,018

25,834

26,044

25,595

25,409

25,089

25,047

25,142

25,548

26,681

26,640

26,913

Liabilities and Equity
Current Liabilities
Notes payable and current maturities of long-term debt

664

168

402

676

809

639

555

684

587

311

958

824

454

239

78

626

551

426

753

909

664

742

724

952

561

661

783

1,068

727

444

413

838

738

719

644

610

375

313

312

357

358

304

369

386

828

Current nonrecourse financial liabilities of variable interest entities (Note 15)

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

4,220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

2,379

2,423

2,349

2,498

2,518

2,413

2,510

2,478

2,534

2,458

2,408

2,362

2,380

2,199

2,031

2,016

2,065

2,078

2,096

2,744

2,678

2,664

2,619

2,918

2,954

2,900

2,904

2,926

2,902

2,775

2,690

2,696

2,777

2,500

2,494

2,575

2,541

2,556

2,556

2,307

2,217

2,058

2,066

1,980

2,119

Accrued payroll and benefits

355

466

442

404

354

535

484

424

352

485

447

409

359

401

394

415

362

434

422

390

369

477

449

454

411

511

513

472

428

508

497

449

421

467

452

425

355

471

431

353

325

473

466

419

445

Liabilities held for sale

364

0

248

250

-

-

0

0

0

805

-

-

-

161

-

-

98

-

943

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities of businesses held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

54

43

44

63

58

52

43

48

-

-

0

-

-

-

-

-

-

-

Other current liabilities

4,220

4,220

1,288

1,221

1,272

1,107

1,054

1,032

992

1,043

1,056

1,407

1,074

1,069

1,038

1,025

1,022

983

1,113

1,061

1,065

1,026

1,078

1,069

1,102

1,055

1,195

1,157

1,157

1,227

1,334

1,186

1,045

1,009

1,109

1,211

1,226

1,163

1,219

1,149

1,183

1,177

1,415

1,165

1,363

Liabilities, Current

9,342

8,646

4,729

5,049

4,953

4,694

4,603

4,618

4,465

5,102

4,869

5,002

4,267

4,069

3,541

4,082

4,098

3,921

9,547

5,104

4,776

4,909

4,870

5,393

5,028

5,127

5,395

5,677

5,257

4,998

4,997

5,227

5,033

4,738

4,747

4,821

4,497

4,503

4,518

4,166

4,083

4,012

4,316

3,950

4,755

Long-Term Debt

9,561

9,597

9,957

10,050

9,965

10,015

10,700

10,805

10,759

10,846

11,373

10,392

10,823

11,075

10,823

8,820

8,824

8,844

8,887

9,017

8,461

8,631

8,988

8,997

8,867

8,827

8,900

9,057

9,495

9,696

10,048

10,478

10,905

9,189

7,801

7,875

8,156

8,358

8,428

8,574

8,597

8,729

9,253

10,531

11,246

Long-Term Liabilities Held for Sale

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-Term Nonrecourse Financial Liabilities of Variable Interest Entities (Note 16)

2,087

2,085

6,303

6,302

6,300

6,298

6,296

6,295

6,293

6,291

6,289

6,287

6,286

6,284

6,282

6,281

6,279

6,277

2,056

2,054

2,052

2,050

2,049

2,047

2,045

2,043

2,042

2,040

2,038

2,036

2,035

2,140

2,140

0

-

-

-

-

-

-

-

-

-

-

-

Deferred Income Taxes

2,662

2,633

2,643

2,624

2,634

2,600

2,512

2,502

2,480

2,291

3,505

3,499

3,185

3,127

3,273

3,256

3,277

2,974

3,191

3,078

3,000

3,063

3,600

3,587

3,540

3,765

3,330

3,137

3,105

3,026

3,782

3,905

4,025

2,497

2,715

2,824

2,805

2,793

2,759

2,355

2,392

2,425

2,514

2,351

1,957

Pension Benefit Obligation

1,521

1,578

1,653

1,694

1,727

1,762

1,785

1,840

1,893

1,939

2,069

3,357

3,375

3,400

3,709

4,150

3,533

3,548

3,017

3,039

3,801

3,819

1,961

2,099

2,319

2,205

3,932

4,089

4,117

4,112

2,597

2,600

2,645

2,375

1,439

1,455

1,463

1,482

1,607

2,772

2,766

2,765

3,303

3,294

3,260

Postretirement and Postemployment Benefit Obligation

252

270

248

257

260

264

305

315

317

326

315

318

325

330

320

328

338

364

363

380

380

396

374

389

408

412

435

453

463

473

463

487

504

476

459

479

491

499

517

516

524

538

632

643

663

Long-Term Lease Obligations

293

304

292

281

281

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Liabilities

636

640

567

591

589

560

544

557

558

567

460

457

446

441

424

429

434

434

450

478

494

553

584

599

574

702

1,013

1,067

1,089

1,176

1,294

1,157

1,104

758

1,011

621

608

649

622

723

728

824

779

792

631

Redeemable Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

168

163

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and Contingent Liabilities (Note 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

Equity
Common stock, $1 par value, 2020 – 448.9 shares and 2019 – 448.9 shares

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

449

448

448

447

447

446

445

440

439

439

439

439

439

439

439

439

438

438

438

437

437

436

434

Paid-in capital

6,252

6,297

6,261

6,229

6,159

6,280

6,256

6,219

6,175

6,206

6,176

6,168

6,128

6,189

6,180

6,154

6,130

6,243

6,251

6,223

6,190

6,245

6,158

6,435

6,383

6,463

6,432

6,362

6,283

6,042

5,974

5,966

5,947

5,908

5,901

5,892

5,861

5,829

5,798

5,771

5,749

5,803

5,787

5,764

5,845

Retained Earnings (Accumulated Deficit)

8,062

8,408

8,447

8,302

8,211

7,465

7,353

6,988

6,783

6,180

4,918

4,717

4,832

4,818

4,793

4,657

4,800

4,649

4,656

4,604

4,548

4,409

4,446

4,235

4,193

4,446

4,212

3,967

3,844

3,662

3,561

3,440

3,423

3,355

3,188

2,785

2,675

2,460

2,154

1,812

1,774

1,949

2,062

1,701

1,430

Accumulated other comprehensive loss

-5,255

-4,739

-5,014

-4,870

-4,975

-4,500

-4,887

-4,881

-4,530

-4,633

-4,949

-5,108

-5,152

-5,362

-5,458

-5,481

-5,389

-5,708

-5,358

-4,886

-5,042

-4,646

-3,065

-2,628

-2,778

-2,759

-3,812

-4,036

-3,762

-3,840

-2,959

-3,124

-2,702

-3,005

-2,077

-1,362

-1,611

-1,825

-1,975

-2,301

-2,115

-2,077

-2,558

-2,977

-3,322

Shareholders' Equity before Treasury Stock, Total

9,508

10,415

10,143

10,110

9,844

9,694

9,171

8,775

8,877

8,202

6,594

6,226

6,257

6,094

5,964

5,779

5,990

5,633

5,998

6,390

6,145

6,457

7,988

8,490

8,246

8,597

7,279

6,739

6,810

6,304

7,015

6,721

7,107

6,697

7,451

7,754

7,364

6,903

6,415

5,720

5,846

6,112

5,728

4,924

4,387

Less: Common stock held in treasury, at cost, 2020 – 56.1 shares and 2019 – 56.8 shares

2,651

2,702

2,702

2,628

2,398

2,332

2,131

1,931

1,632

1,680

1,680

1,681

1,682

1,753

1,755

1,755

1,756

1,749

1,649

1,498

1,287

1,342

1,172

968

673

492

49

32

32

0

9

46

46

52

49

48

44

28

27

27

27

89

83

81

218

Stockholders' Equity Attributable to Parent

6,857

7,713

7,441

7,482

7,446

7,362

7,040

6,844

7,245

6,522

4,914

4,545

4,575

4,341

4,209

4,024

4,234

3,884

4,349

4,892

4,858

5,115

6,816

7,522

7,573

8,105

7,230

6,707

6,778

6,304

7,006

6,675

7,061

6,645

7,402

7,706

7,320

6,875

6,388

5,693

5,819

6,023

5,645

4,843

4,169

Stockholders' Equity Attributable to Noncontrolling Interest

4

5

15

17

23

21

18

20

20

19

19

20

19

18

20

22

26

25

121

136

145

148

161

169

173

179

312

318

356

332

339

419

432

340

260

263

255

250

250

248

233

232

239

236

232

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

6,861

7,718

7,456

7,499

7,469

7,383

7,058

6,864

7,265

6,541

4,933

4,565

4,594

4,359

4,229

4,046

4,260

3,909

4,470

5,028

5,003

5,263

6,977

7,691

7,746

8,284

7,542

7,025

7,134

6,636

7,345

7,094

7,493

6,985

7,662

7,969

7,575

7,125

6,638

5,941

6,052

6,255

5,884

5,079

4,401

Total Liabilities and Equity

33,215

33,471

33,848

34,347

34,178

33,576

33,803

33,796

34,030

33,903

33,813

33,877

33,301

33,093

32,601

31,392

31,043

30,271

31,981

28,178

27,967

28,684

29,403

30,802

30,695

31,528

32,589

32,545

32,698

32,153

32,561

33,088

33,849

27,018

25,834

26,044

25,595

25,409

25,089

25,047

25,142

25,548

26,681

26,640

26,913