International Paper Company (IP) quarterly balance sheet — complete assets, liabilities & equity history
International Paper Company (IP) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 8.71B | 8.24B | 8.58B | 10.11B | 10.46B | 9.5B | 9.29B | 6.42B | 6.64B | 6.56B | 6.46B | 6.61B | 6.78B | 6.48B | 6.62B | 6.77B | 6.62B | 7.05B | 7.18B | 7.1B |
| Cash & Short-Term Investments | 815M | 726M | 1.24B | 1.15B | 995M | 1.14B | 1.16B | 1.17B | 1.16B | 1.05B | 1.07B | 1.11B | 1.15B | 746M | 636M | 804M | 511M | 977M | 1.32B | 1.54B |
| Cash Only | 815M | 726M | 1.24B | 1.15B | 995M | 1.14B | 1.16B | 1.17B | 1.16B | 1.05B | 1.07B | 1.11B | 1.15B | 746M | 636M | 804M | 511M | 826M | 1.03B | 1.29B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 151M | 291M | 245M |
| Accounts Receivable | 4.32B | 4.25B | 4.69B | 4.43B | 4.78B | 5.22B | 5.01B | 3.36B | 3.55B | 3.63B | 3.48B | 3.49B | 3.55B | 3.63B | 3.73B | 3.77B | 3.97B | 3.97B | 3.85B | 3.61B |
| Days Sales Outstanding | 63.67 | 67.79 | 68.72 | 70.49 | 73.89 | 68.76 | 63.83 | 69.42 | 70.51 | 68.35 | 68.66 | 70.42 | 71.62 | 71.52 | 67.18 | 69.29 | 67.57 | 66.04 | 64.14 | 130.7 |
| Inventory | 2.12B | 1.96B | 1.9B | 2.01B | 2.18B | 2.66B | 2.59B | 1.78B | 1.79B | 1.73B | 1.77B | 1.89B | 1.93B | 1.91B | 1.94B | 1.94B | 1.98B | 1.9B | 1.75B | 1.81B |
| Days Inventory Outstanding | 44.03 | 40.46 | 37.21 | 46.76 | 51.9 | 48.97 | 46.22 | 50.66 | 48.49 | 47.38 | 48.64 | 44.23 | 49.03 | 48.61 | 44.98 | 49.14 | 46.52 | 43.55 | 41.73 | 82.81 |
| Other Current Assets | 1.45B | 1.3B | 750M | 2.52B | 2.51B | 488M | 534M | 108M | 139M | 147M | 140M | 114M | 150M | 189M | 311M | 259M | 168M | 204M | 262M | 132M |
| Total Non-Current Assets | 26.93B | 28.28B | 27.85B | 27.86B | 30.1B | 32.88B | 31.88B | 16.38B | 16.52B | 16.51B | 16.57B | 16.65B | 17.17B | 17.21B | 17.16B | 17.17B | 18.24B | 18.24B | 17.97B | 18.15B |
| Property, Plant & Equipment | 15.52B | 15.5B | 14.9B | 15.14B | 15.18B | 17.59B | 16.72B | 10.09B | 10.4B | 10.39B | 10.47B | 10.6B | 10.89B | 10.92B | 10.88B | 10.86B | 10.61B | 10.62B | 10.71B | 10.81B |
| Fixed Asset Turnover | 0.40x | 0.39x | 0.40x | 0.40x | 0.38x | 0.39x | 0.44x | 0.45x | 0.45x | 0.45x | 0.44x | 0.43x | 0.42x | 0.43x | 0.46x | 0.48x | 0.51x | 0.51x | 0.49x | 0.24x |
| Goodwill | 3.91B | 5.29B | 5.3B | 5.33B | 7.67B | 7.53B | 7.24B | 3.04B | 3.04B | 3.04B | 3.04B | 3.04B | 3.04B | 3.04B | 3.04B | 3.04B | 3.12B | 3.12B | 3.13B | 3.13B |
| Intangible Assets | 3.85B | 3.94B | 4.06B | 4.04B | 4.17B | 4.41B | 4.58B | 145M | 156M | 164M | 174M | 183M | 192M | 202M | 211M | 220M | 229M | 241M | 256M | 268M |
| Long-Term Investments | 2.36B | 2.36B | 2.35B | 2.35B | 2.35B | 2.34B | 2.33B | 2.49B | 2.49B | 2.48B | 2.48B | 2.48B | 2.49B | 2.49B | 2.48B | 2.48B | 3.21B | 3.21B | 2.89B | 2.47B |
| Other Non-Current Assets | 1.28B | 1.19B | 1.24B | 1B | 733M | 1.01B | 997M | 611M | 439M | 426M | 405M | 356M | 554M | 554M | 543M | 574M | 1.08B | 1.04B | 993M | 1.47B |
| Total Assets | 35.64B | 36.52B | 36.43B | 37.96B | 40.57B | 42.38B | 41.17B | 22.8B | 23.16B | 23.06B | 23.03B | 23.26B | 23.95B | 23.68B | 23.77B | 23.94B | 24.86B | 25.28B | 25.16B | 25.24B |
| Asset Turnover | 0.17x | 0.16x | 0.16x | 0.15x | 0.15x | 0.16x | 0.18x | 0.20x | 0.20x | 0.21x | 0.20x | 0.19x | 0.19x | 0.20x | 0.21x | 0.21x | 0.22x | 0.21x | 0.21x | 0.10x |
| Asset Growth % | -12.15% | -13.82% | -11.5% | 66.51% | 75.16% | 83.74% | 78.77% | -1.98% | -3.3% | -2.62% | -3.13% | -2.84% | -3.68% | -6.32% | -5.51% | -5.16% | -15.63% | -19.61% | -20.08% | -20.41% |
| Total Current Liabilities | 8.59B | 7.51B | 7.07B | 7.9B | 7.97B | 7.12B | 6.99B | 4.26B | 4.35B | 4.11B | 3.85B | 3.96B | 3.88B | 4.07B | 4.27B | 5B | 4.8B | 4.35B | 4.14B | 4.14B |
| Accounts Payable | 6.63B | 6.5B | 3.83B | 6.41B | 3.82B | 4.34B | 4.22B | 2.32B | 2.44B | 2.35B | 2.32B | 2.44B | 2.36B | 2.39B | 2.54B | 2.71B | 2.67B | 2.68B | 2.66B | 2.61B |
| Days Payables Outstanding | 141.67 | 108.27 | 97.34 | 114.06 | 87.49 | 79.88 | 69.1 | 67.26 | 65.88 | 63.27 | 63.31 | 55.66 | 60.73 | 62.3 | 60.83 | 67.42 | 64.21 | 63.78 | 61.69 | 113.72 |
| Short-Term Debt | 1.96B | 1B | 918M | 992M | 972M | 225M | 444M | 193M | 259M | 259M | 138M | 138M | 120M | 248M | 367M | 763M | 616M | 293M | 197M | 196M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 1.63B | 502M | 2.36B | 1.89B | 1.72B | 1B | 1.02B | 1.03B | 1.02B | 982M | 1.03B | 1.04B | 1.01B | 1.17B | 1.14B | 1B | 943M | 902M |
| Current Ratio | 1.01x | 1.10x | 1.21x | 1.28x | 1.31x | 1.33x | 1.33x | 1.51x | 1.53x | 1.59x | 1.68x | 1.67x | 1.75x | 1.59x | 1.55x | 1.35x | 1.38x | 1.62x | 1.73x | 1.71x |
| Quick Ratio | 0.77x | 0.84x | 0.94x | 1.02x | 1.04x | 0.96x | 0.96x | 1.09x | 1.11x | 1.17x | 1.22x | 1.19x | 1.25x | 1.12x | 1.10x | 0.97x | 0.97x | 1.18x | 1.31x | 1.27x |
| Cash Conversion Cycle | -33.98 | -0.02 | 8.59 | 3.19 | 38.3 | 37.85 | 40.94 | 52.82 | 53.13 | 52.46 | 53.99 | 58.99 | 59.91 | 57.82 | 51.32 | 51.01 | 49.88 | 45.81 | 44.17 | 99.79 |
| Total Non-Current Liabilities | 13.9B | 14.56B | 14.55B | 15.24B | 15.28B | 16.64B | 16.09B | 10.37B | 10.18B | 10.35B | 10.92B | 10.95B | 11.19B | 11.21B | 11.12B | 10.44B | 10.57B | 11.89B | 12.13B | 12.02B |
| Long-Term Debt | 7.73B | 8.21B | 8.18B | 9.32B | 8.99B | 9.69B | 9.18B | 5.37B | 5.31B | 5.33B | 5.45B | 5.46B | 5.55B | 5.57B | 5.47B | 4.82B | 4.77B | 5.28B | 5.47B | 5.38B |
| Capital Lease Obligations | 449M | 471M | 450M | 486M | 450M | 475M | 477M | 292M | 295M | 299M | 307M | 312M | 317M | 304M | 286M | 283M | 251M | 245M | 241M | 236M |
| Deferred Tax Liabilities | 1.94B | 1.95B | 1.96B | 1.9B | 1.92B | 2.59B | 2.53B | 1.07B | 957M | 1.13B | 1.54B | 1.55B | 1.71B | 1.74B | 1.74B | 1.73B | 1.81B | 2.61B | 2.64B | 2.62B |
| Other Non-Current Liabilities | 3.79B | 3.92B | 3.96B | 3.53B | 3.92B | 3.88B | 3.9B | 3.64B | 3.62B | 3.6B | 3.62B | 3.63B | 3.61B | 3.6B | 3.62B | 3.61B | 3.75B | 3.75B | 3.78B | 3.78B |
| Total Liabilities | 22.49B | 22.07B | 21.63B | 23.14B | 23.25B | 23.76B | 23.08B | 14.63B | 14.53B | 14.47B | 14.77B | 14.91B | 15.07B | 15.28B | 15.38B | 15.44B | 15.38B | 16.24B | 16.27B | 16.16B |
| Total Debt | 10.14B | 9.69B | 9.54B | 10.8B | 10.41B | 10.39B | 10.1B | 5.85B | 5.86B | 5.89B | 5.9B | 5.91B | 5.99B | 6.12B | 6.12B | 5.86B | 5.63B | 5.81B | 5.91B | 5.82B |
| Net Debt | 9.32B | 8.96B | 8.31B | 9.66B | 9.42B | 9.26B | 8.94B | 4.68B | 4.7B | 4.84B | 4.83B | 4.79B | 4.84B | 5.38B | 5.49B | 5.06B | 5.12B | 4.99B | 4.88B | 4.52B |
| Debt / Equity | 0.77x | 0.67x | 0.64x | 0.73x | 0.60x | 0.56x | 0.56x | 0.72x | 0.68x | 0.68x | 0.71x | 0.71x | 0.67x | 0.73x | 0.73x | 0.69x | 0.59x | 0.64x | 0.66x | 0.64x |
| Debt / EBITDA | - | 18.18x | 14.39x | - | 15.47x | 15.15x | 18.84x | 13.71x | 13.26x | 11.61x | 14.56x | 6.17x | 10.67x | 10.74x | 11.36x | 8.80x | 7.76x | 7.22x | 9.89x | 17.89x |
| Net Debt / EBITDA | - | 16.81x | 12.53x | - | 13.99x | 13.50x | 16.68x | 10.97x | 10.64x | 9.54x | 11.92x | 5.01x | 8.62x | 9.44x | 10.18x | 7.59x | 7.06x | 6.20x | 8.17x | 13.91x |
| Interest Coverage | -11.44x | 0.70x | 1.28x | -26.94x | -675.00x | 1.81x | -0.02x | -1.07x | 1.75x | 2.93x | 1.78x | -1.96x | 3.21x | 3.48x | 3.15x | 4.46x | 3.09x | 7.19x | 5.70x | -9.01x |
| Total Equity | 13.15B | 14.46B | 14.81B | 14.83B | 17.32B | 18.62B | 18.09B | 8.17B | 8.63B | 8.6B | 8.26B | 8.36B | 8.88B | 8.4B | 8.39B | 8.5B | 9.49B | 9.04B | 8.89B | 9.08B |
| Equity Growth % | -24.09% | -22.36% | -18.15% | 81.41% | 100.68% | 116.6% | 119.11% | -2.18% | -2.85% | 2.27% | -1.57% | -1.67% | -6.39% | -7.07% | -5.6% | -6.44% | -1.4% | 8.25% | 14.36% | 15.43% |
| Book Value per Share | 24.82 | 27.30 | 27.85 | 28.08 | 32.80 | 34.95 | 41.34 | 23.53 | 24.42 | 24.36 | 23.69 | 24.12 | 25.52 | 24.25 | 23.74 | 24.02 | 26.33 | 24.39 | 23.44 | 23.46 |
| Total Shareholders' Equity | 13.15B | 14.46B | 14.81B | 14.83B | 17.32B | 18.62B | 18.09B | 8.17B | 8.63B | 8.6B | 8.26B | 8.36B | 8.88B | 8.4B | 8.39B | 8.5B | 9.49B | 9.04B | 8.89B | 9.08B |
| Common Stock | 627M | 627M | 627M | 627M | 627M | 627M | 627M | 449M | 449M | 449M | 449M | 449M | 449M | 449M | 449M | 449M | 449M | 449M | 449M | 449M |
| Retained Earnings | 3.07B | 4.44B | 4.7B | 4.88B | 7.52B | 8.87B | 9.04B | 9.39B | 9.71B | 9.72B | 9.39B | 9.49B | 9.94B | 9.94B | 9.87B | 9.86B | 10.34B | 9.56B | 9.22B | 9.03B |
| Treasury Stock | -4.5B | -4.5B | -4.5B | -4.57B | -4.57B | -4.58B | -4.58B | -4.68B | -4.68B | -4.68B | -4.68B | -4.75B | -4.75B | -4.75B | -4.71B | -4.61B | -4.42B | -4.15B | -3.76B | -3.4B |
| Accumulated OCI | -444M | -485M | -366M | -528M | -646M | -672M | -1.34B | -1.72B | -1.55B | -1.58B | -1.56B | -1.56B | -1.46B | -1.92B | -1.91B | -1.93B | -1.59B | -1.49B | -1.69B | -1.67B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |