International Paper 2015 Annual Report Download - page 100

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83
INTERIM FINANCIAL RESULTS (UNAUDITED)
In millions, except per share amounts
and stock prices
1st
Quarter
2nd
Quarter
3rd
Quarter
4th
Quarter Year
2015
Net sales $5,517 $ 5,714 $ 5,691 $ 5,443 $ 22,365
Gross margin (a) 1,673 1,746 1,800 1,678 6,897
Earnings (loss) from continuing
operations before income taxes and
equity earnings 406 266 (b) 329 (b) 265 (b) 1,266 (b)
Gain (loss) from discontinued
operations ——— — —
Net earnings (loss) attributable to
International Paper Company 313 227 (b,c) 220 (b,c) 178 (b,c) 938 (b,c)
Basic earnings (loss) per share
attributable to International Paper
Company common shareholders:
Earnings (loss) from continuing
operations $ 0.74 $ 0.54 (b) $ 0.53 (b) $ 0.43 (b) $ 2.25 (b)
Gain (loss) from discontinued
operations ——— — —
Net earnings (loss) 0.74 0.54 (b,c) 0.53 (b,c) 0.43 (b,c) 2.25 (b,c)
Diluted earnings (loss) per share
attributable to International Paper
Company common shareholders:
Earnings (loss) from continuing
operations 0.74 0.54 (b) 0.53 (b) 0.43 (b) 2.23 (b)
Gain (loss) from discontinued
operations ——— — —
Net earnings (loss) 0.74 0.54 (b,c) 0.53 (b,c) 0.43 (b,c) 2.23 (b,c)
Dividends per share of common stock 0.4000 0.4000 0.4000 0.4400 1.6400
Common stock prices
High $57.90 $ 56.49 $ 49.49 $ 44.83 $ 57.90
Low 51.35 47.39 37.11 36.76 36.76
2014
Net sales $5,724 $ 5,899 $ 6,051 $ 5,943 $ 23,617
Gross margin (a) 1,690 1,839 1,996 1,838 7,363
Earnings (loss) from continuing
operations before income taxes and
equity earnings (139) (d) 152 (d) 552 (d) 307 (d) 872 (d)
Gain (loss) from discontinued operations (7) (e) (13) (e) 16 (e) (9) (e) (13) (e)
Net earnings (loss) attributable to
International Paper Company (95) (d-f) 161 (d-f) 355 (d-f) 134 (d-f) 555 (d-f)
Basic earnings (loss) per share
attributable to International Paper
Company common shareholders:
Earnings (loss) from continuing
operations $ (0.20) (d) $ 0.40 (d) $ 0.80 (d) $ 0.34 (d) $ 1.33 (d)
Gain (loss) from discontinued operations (0.01) (e) (0.03) (e) 0.04 (e) (0.02) (e) (0.03) (e)
Net earnings (loss) (0.21) (d-f) 0.37 (d-f) 0.84 (d-f) 0.32 (d-f) 1.30 (d-f)
Diluted earnings (loss) per share
attributable to International Paper
Company common shareholders:
Earnings (loss) from continuing
operations (0.20) (d) 0.40 (d) 0.79 (d) 0.34 (d) 1.31 (d)
Gain (loss) from discontinued operations (0.01) (e) (0.03) (e) 0.04 (e) (0.02) (e) (0.02) (e)
Net earnings (loss) (0.21) (d-f) 0.37 (d-f) 0.83 (d-f) 0.32 (d-f) 1.29 (d-f)
Dividends per share of common stock 0.3500 0.3500 0.3500 0.4000 1.4500
Common stock prices
High $49.71 $ 50.65 $ 51.98 $ 55.73 $ 55.73
Low 44.43 44.24 46.77 44.50 44.24