Attached files
file | filename |
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EX-32 - EXHIBIT 32 - INTERNATIONAL PAPER CO /NEW/ | ip-20180331exhibit32certif.htm |
EX-31.2 - EXHIBIT 31.2 - INTERNATIONAL PAPER CO /NEW/ | ip-20180331exhibit312certi.htm |
EX-31.1 - EXHIBIT 31.1 - INTERNATIONAL PAPER CO /NEW/ | ip-20180331exhibit311certi.htm |
EX-12 - EXHIBIT 12 - INTERNATIONAL PAPER CO /NEW/ | ip-20180331exhibit12comput.htm |
10-Q - 10-Q - INTERNATIONAL PAPER CO /NEW/ | ip-3312018xform10xq.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, | ||||||||
2018 | 2017 | |||||||
Earnings (loss) from continuing operations | $ | 361 | $ | 192 | ||||
Discontinued operations | 368 | 17 | ||||||
Net earnings (loss) | 729 | 209 | ||||||
Effect of dilutive securities | — | — | ||||||
Net earnings - assuming dilution | $ | 729 | $ | 209 | ||||
Average common shares outstanding | 413.5 | 412.1 | ||||||
Effect of dilutive securities | ||||||||
Restricted stock performance share plan | 4.7 | 3.9 | ||||||
Average common shares outstanding - assuming dilution | 418.2 | 416.0 | ||||||
Earnings (loss) per common share from continuing operations | $ | 0.87 | $ | 0.47 | ||||
Discontinued operations | 0.89 | 0.04 | ||||||
Net earnings (loss) per common share | $ | 1.76 | $ | 0.51 | ||||
Earnings (loss) per common share from continuing operations - assuming dilution | $ | 0.86 | $ | 0.46 | ||||
Discontinued operations | 0.88 | 0.04 | ||||||
Net earnings (loss) per common share - assuming dilution | $ | 1.74 | $ | 0.50 |
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. |