INTERNATIONAL PAPER CO /NEW/
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
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 | 2025 | 2024 |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash and temporary investments | $1,145 | $1,062 |
| Accounts and notes receivable (less allowances of $70 in 2025 and $30 in 2024) | 3,791 | 2,402 |
| Contract assets | 635 | 362 |
| Assets held for sale | 1,800 | 1,016 |
| Inventories | 2,012 | 1,486 |
| Other current assets | 723 | 96 |
| Total Current Assets | 10,106 | 6,424 |
| Plants, Properties and Equipment, net | 14,443 | 7,916 |
| Goodwill | 5,326 | 3,038 |
| Intangibles, net | 4,043 | 72 |
| Long-Term Financial Assets of Variable Interest Entities (Note 15) | 2,349 | 2,331 |
| Right of Use Assets | 697 | 402 |
| Overfunded Pension Plan Assets | 486 | 93 |
| Long-Term Assets Held For Sale | — | 1,876 |
| Deferred Charges and Other Assets | 514 | 648 |
| TOTAL ASSETS | $37,964 | $22,800 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Notes payable and current maturities of long-term debt | $992 | $191 |
| Accounts payable | 3,902 | 2,110 |
| Accrued payroll and benefits | 834 | 680 |
| Liabilities held for sale | 502 | 344 |
| Other current liabilities | 1,669 | 933 |
| Total Current Liabilities | 7,899 | 4,258 |
| Long-Term Debt | 8,839 | 5,362 |
| Deferred Income Taxes | 1,898 | 1,028 |
| Long-Term Nonrecourse Financial Liabilities of Variable Interest Entities (Note 15) | 2,127 | 2,120 |
| Long-Term Lease Obligations | 486 | 269 |
| Underfunded Pension Benefit Obligations | 316 | 232 |
| Postretirement and Postemployment Benefit Obligation | 133 | 133 |
| Long-Term Liabilities Held For Sale | — | 125 |
| Other Liabilities | 1,439 | 1,100 |
| Commitments and Contingent Liabilities (Note 14) | ||
| Equity | ||
| Common stock $1 par value, 2025 - 627.0 shares and 2024 - 448.9 shares | 627 | 449 |
| Paid-in capital | 14,414 | 4,732 |
| Retained earnings | 4,885 | 9,393 |
| Accumulated other comprehensive loss | (528) | (1,722) |
| 19,398 | 12,852 | |
| Less: Common stock held in treasury, at cost, 2025 – 99.0 shares and 2024 – 101.5 shares | 4,571 | 4,679 |
| Total Equity | 14,827 | 8,173 |
| TOTAL LIABILITIES AND EQUITY | $37,964 | $22,800 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.