International paper company (IP)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

1,220

2,017

2,144

902

917

536

1,378

799

1,336

712

-

-

-

Net earnings (loss) attributable to International Paper Company

-

-

-

-

-

-

-

-

-

-

686

-

1,168

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

18

-

24

Discontinued operations, net of taxes

-

-

-

-

-

-

-

-

49

0

0

-

-47

Earnings (Loss) From Continuing Operations

-

-

-

-

-

-

-

-

1,287

712

704

-1,266

1,239

Depreciation, amortization and cost of timber harvested

1,306

1,328

1,423

1,227

1,294

1,414

1,547

1,486

1,332

1,456

1,472

1,347

1,086

Deferred income tax provision (benefit), net

212

133

-1,113

136

281

-135

146

204

317

422

160

-81

232

Gain (Loss) on Disposition of Business

0

488

0

-

-

-

-

-

-

-

-

-

-

Net bargain purchase gain on acquisition of business

0

0

6

0

0

-

13

0

0

-

-

-

-

Restructuring and other charges, net

57

29

67

54

252

881

210

109

102

394

1,353

370

95

Net gain on transfer of North American Consumer Packaging business

-

-

-

0

-

-

-

-

-

-

-

-

-

Antitrust fines

-32

0

0

-

-

-

-

-

-

-

-

-

-

Net (gains) losses on sales and impairments of businesses

-205

-122

-9

-70

-174

-38

-3

-86

-218

23

-59

-106

-327

Equity investment in Ilim

-

-

-

-

-

-

-

45

0

0

-

21

578

Proceeds from Equity Method Investment, Distribution

273

153

133

58

35

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

250

336

177

198

117

-200

-39

61

140

111

-26

49

0

Payments related to a restructuring and legal reserve

-

-

-

-

-

-

-

-

-

-

-

87

78

Payment for Pension Benefits

0

0

1,250

750

750

353

31

44

300

1,150

0

0

-

Cost of forestlands sold

-

-

-

-

-

-

-

-

-

143

0

0

-

Periodic pension expense, net

93

632

717

809

461

387

545

342

195

231

213

123

210

Release of tax reserves

-

-

-

-

-

-

-775

0

0

-

-

-

-

Impairment of goodwill and other intangible assets

-

-

-

-

137

100

527

0

0

-

-

1,777

0

Other, net

-120

-75

-212

-99

-118

-167

62

38

-169

-15

-189

115

39

Gain on sale of forestlands

-

-

-

-

-

-

-

-

-

-

-

3

9

Changes in current assets and liabilities
Accounts and notes receivable

-246

342

370

94

-7

97

134

-377

128

327

-604

-451

141

Contract assets

-2

32

0

0

-

-

-

-

-

-

-

-

-

Inventories

1

236

87

-11

131

103

114

28

56

186

-316

-48

82

Accounts payable and accrued liabilities

139

151

114

98

-89

-18

-110

-273

-389

-52

-321

-317

-212

Interest payable

-19

-8

1

41

-17

-18

-57

30

6

3

-8

-31

122

Other

25

-28

60

-15

-8

-78

71

22

-62

-104

112

-166

226

Cash Provided By (Used For) Operations - Continuing Operations

-

-

-

-

-

-

-

-

2,675

1,631

-

-

1,948

Cash Provided By (Used For) Operations - Discontinued Operations

-

-

-

-

-

-

-

-

0

0

-

-

-61

Cash Provided By (Used For) Operations

3,610

3,226

1,757

2,478

2,580

3,077

3,028

2,967

2,675

1,631

4,655

2,669

1,887

Investment Activities
Invested in capital projects, net of insurance recoveries

1,276

1,572

1,391

1,348

1,487

1,366

1,198

1,383

1,159

775

534

1,002

-

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

1,288

Businesses sold or held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-4

Acquisitions, net of cash acquired

103

8

45

2,228

0

0

505

3,734

379

152

17

6,086

239

Gain (loss) on disposition of business, net of taxes

-

-

-

0

-

-

-

-

-

-

-

-

-

Proceeds from divestitures, net of cash divested

81

0

4

108

23

0

726

474

50

0

0

14

1,675

Proceeds from spinoff

-

-

-

-

-

411

0

0

-

-

-

-

-

Investment in Special Purpose Entities

-

-

-

-

198

0

0

-

-

-

-

-

-

Proceeds from sale of fixed assets

18

23

26

19

37

61

65

0

0

-

-

-

-

Other

20

-28

-15

49

114

-34

-85

170

-26

-93

42

102

0

Cash Provided By (Used For) Investment Activities - Continuing Operations

-

-

-

-

-

-

-

-

-1,487

-834

-

-

-434

Cash Provided by (Used in) Investing Activities, Discontinued Operations

0

-40

0

-

-

-

-

-

0

0

-

-

-12

Cash Provided By (Used For) Investment Activities

-1,300

-1,569

-1,391

-3,498

-1,739

-860

-827

-4,858

-1,487

-834

-593

-7,197

-446

Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding

535

732

47

132

605

1,062

512

35

30

26

10

47

1,224

Issuance of common stock

-

-

-

-

2

66

298

108

0

0

-

1

128

Issuance of debt

534

490

1,907

3,830

6,873

1,982

241

2,132

1,766

193

3,229

6,024

78

Reduction of debt

1,507

1,008

1,424

1,938

6,947

2,095

845

2,488

517

576

6,318

696

875

Change in book overdrafts

-66

-1

26

0

-14

30

-123

11

-29

38

20

-36

77

Dividends paid

796

789

769

733

685

620

554

476

427

175

140

428

436

Acquisition of redeemable noncontrolling interest

-

-

-

-

-

114

0

0

-

-

-

-

-

Net debt tender premiums paid

18

6

84

31

211

269

0

0

-

-

-

-

-

Redemption of securities

-

-

-

-

-

-

150

0

0

-

-

-

-

Other

-1

0

-8

-14

-14

-4

-43

-47

-21

-42

-157

41

0

Cash Provided By (Used For) Financing Activities

-2,389

-2,046

-399

982

-1,601

-2,086

-1,688

-795

742

-588

-3,376

4,859

-

Cash Included in Assets Held for Sale

-

-

-

-

-

-

-

-

25

0

0

-

-

Cash provided by (used for) financing activities - continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-2,252

Effect of Exchange Rate Changes on Cash

1

-40

18

21

-71

-52

-13

-6

-9

-28

62

-92

92

Change in Cash and Temporary Investments

-78

-429

-15

-17

-831

79

500

-2,692

1,921

181

748

239

-719