Attached files

file filename
EX-31.2 - EXHIBIT 31.2 - INTERNATIONAL PAPER CO /NEW/ip-20150331exhibit312certi.htm
EX-32 - EXHIBIT 32 - INTERNATIONAL PAPER CO /NEW/ip-20150331exhibit32certif.htm
EX-12 - EXHIBIT 12 - INTERNATIONAL PAPER CO /NEW/ip-20150331exhibit12comput.htm
EX-31.1 - EXHIBIT 31.1 - INTERNATIONAL PAPER CO /NEW/ip-20150331exhibit311certi.htm
EXCEL - IDEA: XBRL DOCUMENT - INTERNATIONAL PAPER CO /NEW/Financial_Report.xls
10-Q - 10-Q - INTERNATIONAL PAPER CO /NEW/ip-3312015xform10xq.htm

Exhibit 11

INTERNATIONAL PAPER COMPANY
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS (1)
(Unaudited)
(In millions, except per share amounts)

 
Three Months Ended
March 31,
 
2015
 
2014
Earnings (loss) from continuing operations
$
313

 
$
(88
)
Discontinued operations

 
(7
)
Net earnings (loss)
313

 
(95
)
Effect of dilutive securities

 

Net earnings - assuming dilution
$
313

 
$
(95
)
Average common shares outstanding
421.2

 
435.6

Effect of dilutive securities
 
 
 
Restricted stock performance share plan
2.5

 

Stock options

 

Average common shares outstanding - assuming dilution
423.7

 
435.6

Earnings (loss) per common share from continuing operations
$
0.74

 
$
(0.20
)
Discontinued operations

 
(0.01
)
Net earnings (loss) per common share
$
0.74

 
$
(0.21
)
Earnings (loss) per common share from continuing operations - assuming dilution
$
0.74

 
$
(0.20
)
Discontinued operations

 
(0.01
)
Net earnings (loss) per common share - assuming dilution
$
0.74

 
$
(0.21
)

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.