International Paper Company (IP)

International Paper Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-1,279	557	288	1,504	1,752	482
Depreciation & Amortization	1,579	1,072	1,010	1,040	1,144	1,145
Loss (Gain) From Sale of Assets	863	-58	-	-	-444	118
Asset Writedown & Restructuring Costs	1,725	454	521	165	509	215
Loss (Gain) From Sale of Investments	-	-	153	478	-173	-35
Loss (Gain) on Equity Investments	5	5	-95	-87	-154	85
Other Operating Activities	-610	-342	-42	-781	-178	729
Change in Accounts Receivable	-53	95	303	-162	-645	94
Change in Inventory	-90	12	73	-162	-263	35
Change in Accounts Payable	-832	-140	-402	110	519	141
Change in Other Net Operating Assets	-118	23	24	69	-37	54
Operating Cash Flow	1,190	1,678	1,833	2,174	2,030	3,063
Operating Cash Flow Growth	-32.88%	-8.46%	-15.68%	7.09%	-33.73%	-15.15%
Capital Expenditures	-1,467	-921	-1,141	-931	-549	-751
Sale of Property, Plant & Equipment	194	91	4	13	101	8
Cash Acquisitions	414	-	-	-	-80	-65
Divestitures	138	-	-	-	827	40
Investment in Securities	-	-	472	-	908	500
Other Investing Activities	69	22	-3	310	4,847	-1
Investing Cash Flow	-652	-808	-668	-608	6,054	-269
Short-Term Debt Issued	-	-	-	1	65	35
Long-Term Debt Issued	-	102	783	1,011	1,512	583
Total Debt Issued	538	102	783	1,012	1,577	618
Short-Term Debt Repaid	-	-69	-8	-	-4,220	-
Long-Term Debt Repaid	-	-141	-780	-1,017	-2,509	-2,278
Total Debt Repaid	-319	-210	-788	-1,017	-6,729	-2,278
Net Debt Issued (Repaid)	219	-108	-5	-5	-5,152	-1,660
Repurchase of Common Stock	-65	-23	-218	-1,284	-839	-42
Common Dividends Paid	-894	-643	-642	-673	-780	-806
Other Financing Activities	-2	-1	-1	-92	-474	-192
Financing Cash Flow	-742	-775	-866	-2,054	-7,375	-2,700
Foreign Exchange Rate Adjustments	50	-38	10	-3	-9	-8
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-2
Net Cash Flow	-154	57	309	-491	700	84
Free Cash Flow	-277	757	692	1,243	1,481	2,312
Free Cash Flow Growth	-	9.39%	-44.33%	-16.07%	-35.94%	-0.94%
Free Cash Flow Margin	-1.14%	4.07%	3.66%	5.87%	7.65%	13.16%
Free Cash Flow Per Share	-0.60	2.14	1.98	3.39	3.77	5.84
Cash Interest Paid	437	437	463	380	473	682
Cash Income Tax Paid	394	394	340	345	601	162
Levered Free Cash Flow	-218.38	1,051	444.13	1,061	2,402	-3,892
Unlevered Free Cash Flow	119.75	1,320	707.25	1,313	2,670	-3,519
Change in Working Capital	-1,093	-10	-2	-145	-426	324

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q