INTERNATIONAL PAPER CO NEW
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
IP$35.53+2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet
| In millions, except per share amounts, at December 31 | 2023 | 2022 |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash and temporary investments | $1,113 | $804 |
| Accounts and notes receivable (less allowances of $34 in 2023 and $31 in 2022) | 3,059 | 3,284 |
| Contract assets | 433 | 481 |
| Inventories | 1,889 | 1,942 |
| Assets held for sale | — | 133 |
| Other current assets | 114 | 126 |
| Total Current Assets | 6,608 | 6,770 |
| Plants, Properties and Equipment, net | 10,150 | 10,431 |
| Investments | 163 | 186 |
| Long-Term Financial Assets of Variable Interest Entities (Note 15) | 2,312 | 2,294 |
| Goodwill | 3,041 | 3,041 |
| Overfunded Pension Plan Assets | 118 | 297 |
| Right of Use Assets | 448 | 424 |
| Deferred Charges and Other Assets | 421 | 497 |
| TOTAL ASSETS | $23,261 | $23,940 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Notes payable and current maturities of long-term debt | $138 | $763 |
| Accounts payable | 2,442 | 2,708 |
| Accrued payroll and benefits | 397 | 355 |
| Other current liabilities | 982 | 1,174 |
| Total Current Liabilities | 3,959 | 5,000 |
| Long-Term Debt | 5,455 | 4,816 |
| Long-Term Nonrecourse Financial Liabilities of Variable Interest Entities (Note 15) | 2,113 | 2,106 |
| Deferred Income Taxes | 1,552 | 1,732 |
| Underfunded Pension Benefit Obligation | 280 | 281 |
| Postretirement and Postemployment Benefit Obligation | 140 | 150 |
| Long-Term Lease Obligations | 312 | 283 |
| Other Liabilities | 1,095 | 1,075 |
| Commitments and Contingent Liabilities (Note 14) | ||
| Equity | ||
| Common stock $1 par value, 2023 - 448.9 shares and 2022 - 448.9 shares | 449 | 449 |
| Paid-in capital | 4,730 | 4,725 |
| Retained earnings | 9,491 | 9,855 |
| Accumulated other comprehensive loss | (1,565) | (1,925) |
| 13,105 | 13,104 | |
| Less: Common stock held in treasury, at cost, 2023 – 102.9 shares and 2022 – 98.6 shares | 4,750 | 4,607 |
| Total Equity | 8,355 | 8,497 |
| TOTAL LIABILITIES AND EQUITY | $23,261 | $23,940 |
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