International Paper Company
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-12.0M | $60.0M | $-2.38B | $-1.10B | $75.0M | $-105.0M | $-147.0M | $150.0M |
| Depreciation & Amortization | $488.0M | $489.0M | $697.0M | $1.10B | $431.0M | $520.0M | $104.0M | $208.0M |
| Depreciation | $418.0M | $410.0M | $665.0M | $1.00B | $363.0M | $472.0M | $109.0M | $203.0M |
| Amortization | $70.0M | $79.0M | $69.0M | $73.0M | $69.0M | $48.0M | $1.0M | $6.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $526.0M | $611.0M | $905.0M | $605.0M | $476.0M | $-288.0M | $397.0M | $521.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $533.0M | $517.0M | $650.0M | $455.0M | $422.0M | $330.0M | $260.0M | $212.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-914.0M | $565.0M | $-546.0M | $-440.0M | $-275.0M | $237.0M | $-174.0M | $-188.0M |
| Financing Activities | ||||||||
| Dividends Paid | $245.0M | $245.0M | $244.0M | $245.0M | $244.0M | $244.0M | $161.0M | $161.0M |
| Stock Repurchases | $1.0M | $30.0M | $1.0M | $1.0M | $1.0M | $62.0M | $1.0M | $0 |
| Net Cash from Financing Activities | $-193.0M | $-1.02B | $-153.0M | $-302.0M | $-274.0M | $21.0M | $-187.0M | $-223.0M |
| Net Change in Cash | $-581.0M | $146.0M | $156.0M | $-130.0M | $-21.0M | $-14.0M | $11.0M | $110.0M |
| Free Cash Flow | $-7.0M | $94.0M | $255.0M | $150.0M | $54.0M | $-618.0M | $137.0M | $309.0M |