Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - INTERNATIONAL PAPER CO /NEW/ | ip-20180930exhibit32certif.htm |
| EX-31.2 - EXHIBIT 31.2 - INTERNATIONAL PAPER CO /NEW/ | ip-20180930exhibit312certi.htm |
| EX-31.1 - EXHIBIT 31.1 - INTERNATIONAL PAPER CO /NEW/ | ip-20180930exhibit311certi.htm |
| EX-12 - EXHIBIT 12 - INTERNATIONAL PAPER CO /NEW/ | ip-20180930exhibit12comput.htm |
| EX-10.1 - EXHIBIT 10.1 - INTERNATIONAL PAPER CO /NEW/ | ip-20180930exhibit101xxfin.htm |
| 10-Q - 10-Q - INTERNATIONAL PAPER CO /NEW/ | ip-9302018xform10xq.htm |
Exhibit 11
INTERNATIONAL PAPER COMPANY
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS (1)
(Unaudited)
(In millions, except per share amounts)
Three Months Ended September 30, | Nine Months Ended September 30, | ||||||||||||||
2018 | 2017 | 2018 | 2017 | ||||||||||||
Earnings (loss) from continuing operations | $ | 562 | $ | 366 | $ | 1,351 | $ | 642 | |||||||
Discontinued operations | — | 29 | 345 | 42 | |||||||||||
Net earnings (loss) | 562 | 395 | 1,696 | 684 | |||||||||||
Effect of dilutive securities | — | — | — | — | |||||||||||
Net earnings - assuming dilution | $ | 562 | $ | 395 | $ | 1,696 | $ | 684 | |||||||
Average common shares outstanding | 407.4 | 412.9 | 411.4 | 412.6 | |||||||||||
Effect of dilutive securities | |||||||||||||||
Restricted stock performance share plan | 4.0 | 4.5 | 4.9 | 4.8 | |||||||||||
Average common shares outstanding - assuming dilution | 411.4 | 417.4 | 416.3 | 417.4 | |||||||||||
Earnings (loss) per common share from continuing operations | $ | 1.38 | $ | 0.89 | $ | 3.28 | $ | 1.55 | |||||||
Discontinued operations | — | 0.07 | 0.84 | 0.10 | |||||||||||
Net earnings (loss) per common share | $ | 1.38 | $ | 0.96 | $ | 4.12 | $ | 1.65 | |||||||
Earnings (loss) per common share from continuing operations - assuming dilution | $ | 1.37 | $ | 0.88 | $ | 3.25 | $ | 1.54 | |||||||
Discontinued operations | — | 0.07 | 0.83 | 0.10 | |||||||||||
Net earnings (loss) per common share - assuming dilution | $ | 1.37 | $ | 0.95 | $ | 4.08 | $ | 1.64 | |||||||
Note: If an amount does not appear in the above table, the security was antidilutive for the periods presented.
(1) | Attributable to International Paper Company common shareholders. |