Attached files
| file | filename |
|---|---|
| EX-12 - EXHIBIT 12 - INTERNATIONAL PAPER CO /NEW/ | ip-20150630exhibit12comput.htm |
| EX-31.1 - EXHIBIT 31.1 - INTERNATIONAL PAPER CO /NEW/ | ip-20150630exhibit311certi.htm |
| EX-32 - EXHIBIT 32 - INTERNATIONAL PAPER CO /NEW/ | ip-20150630exhibit32certif.htm |
| XML - IDEA: XBRL DOCUMENT - INTERNATIONAL PAPER CO /NEW/ | R9999.htm |
| 10-Q - 10-Q - INTERNATIONAL PAPER CO /NEW/ | ip-6302015xform10xq.htm |
| EX-31.2 - EXHIBIT 31.2 - INTERNATIONAL PAPER CO /NEW/ | ip-20150630exhibit312certi.htm |
Exhibit 11
INTERNATIONAL PAPER COMPANY
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS (1)
(Unaudited)
(In millions, except per share amounts)
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||
2015 | 2014 | 2015 | 2014 | ||||||||||||
Earnings (loss) from continuing operations | $ | 227 | $ | 174 | $ | 540 | $ | 86 | |||||||
Discontinued operations | — | (13 | ) | — | (20 | ) | |||||||||
Net earnings (loss) | 227 | 161 | 540 | 66 | |||||||||||
Effect of dilutive securities | — | — | — | — | |||||||||||
Net earnings - assuming dilution | $ | 227 | $ | 161 | $ | 540 | $ | 66 | |||||||
Average common shares outstanding | 420.0 | 428.9 | 420.6 | 432.2 | |||||||||||
Effect of dilutive securities | |||||||||||||||
Restricted stock performance share plan | 1.9 | 3.1 | 2.8 | 3.6 | |||||||||||
Stock options | — | 0.1 | — | 0.1 | |||||||||||
Average common shares outstanding - assuming dilution | 421.9 | 432.1 | 423.4 | 435.9 | |||||||||||
Earnings (loss) per common share from continuing operations | $ | 0.54 | $ | 0.40 | $ | 1.28 | $ | 0.20 | |||||||
Discontinued operations | — | (0.03 | ) | — | (0.05 | ) | |||||||||
Net earnings (loss) per common share | $ | 0.54 | $ | 0.37 | $ | 1.28 | $ | 0.15 | |||||||
Earnings (loss) per common share from continuing operations - assuming dilution | $ | 0.54 | $ | 0.40 | $ | 1.28 | $ | 0.20 | |||||||
Discontinued operations | — | (0.03 | ) | — | (0.05 | ) | |||||||||
Net earnings (loss) per common share - assuming dilution | $ | 0.54 | $ | 0.37 | $ | 1.28 | $ | 0.15 | |||||||
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. |