Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
abandoned, accrual, adaptive, adequacy, advance, al, alter, AMT, annuity, Beaumont, branch, broad, Bulletin, calendar, cold, concentrated, consequential, EPS, Europac, excavation, Factory, filling, FM, friction, gather, GDPR, geography, Harvey, healthy, heat, Hong, HR, Huhtamaki, impoundment, incomplete, Kong, Kwidzyn, lever, light, main, modification, NAFTA, necessitate, noncash, nonpayment, Notwithstanding, official, Orange, Packing, PCAOB, people, Plath, poor, portray, precisely, predesign, preliminarily, prevail, Prudential, qualitative, reclassification, relocation, repeat, repetitive, rescission, ROD, role, SAB, Signature, solidly, stranded, stringent, subtotal, Tangier, team, today, untaxed, vicinity, winter, WMI
Removed:
accelerate, Affordable, Alcoa, ArborGen, ASG, Asian, atmosphere, back, behalf, borrower, burning, carol, challenging, circulation, climatic, concurrently, correlate, correspondingly, defend, determinable, dioxin, disallowance, discharge, divestiture, earth, emerging, enhanced, erosion, escrow, estimating, evenly, Everest, everyday, excluded, exercise, expired, exported, facilitated, financed, food, Grupo, Hoel, Ill, indefinitely, indemnification, initially, intensity, investee, Jari, Kadien, liquidated, machine, merchantable, merged, notified, ocean, Orsa, Papel, partial, Patient, persist, precipitation, pressure, pretrial, promissory, purported, reached, receipt, recover, redeemable, relation, resin, resolved, retroactive, retroactively, reversed, satisfaction, seeking, simultaneously, spinoff, Starcote, suite, sulfate, supplemented, temperature, tie, tobacco, treble, Unconditional, UNDERFUNDED, Unisource, unspecified, Veritiv, weak, William, withhold
Filing tables
Filing exhibits
Related press release
Associated IP transcripts
IP similar filings
Filing view
External links
Exhibit 12
INTERNATIONAL PAPER COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
(Dollar amounts in millions)
For the Years Ended December 31, | ||||||||||||||||||||||
TITLE | 2013 | 2014 | 2015 | 2016 | 2017 | |||||||||||||||||
(A) | Earnings (loss) from continuing operations before income taxes and equity earnings | $ | 1,092.0 | $ | 734.0 | $ | 1,132.0 | $ | 795.0 | $ | 848.0 | |||||||||||
(B) | Noncontrolling interests, net of taxes | 17.0 | 19.0 | 21.0 | 2.0 | — | ||||||||||||||||
(C) | Fixed charges excluding capitalized interest | 701.1 | 691.0 | 695.9 | 744.5 | 810.2 | ||||||||||||||||
(D) | Amortization of previously capitalized interest | 20.4 | 19.3 | 16.0 | 14.7 | 15.2 | ||||||||||||||||
(E) | Distributed income of equity investees | — | 56.1 | 35.0 | 59.7 | 136.5 | ||||||||||||||||
(F) | Earnings (loss) from continuing operations before income taxes and fixed charges | $ | 1,830.5 | $ | 1,519.4 | $ | 1,899.9 | $ | 1,615.9 | $ | 1,809.9 | |||||||||||
Fixed Charges | ||||||||||||||||||||||
(G) | Interest and amortization of debt expense | $ | 648.3 | $ | 643.1 | $ | 643.5 | $ | 694.5 | $ | 757.9 | |||||||||||
(H) | Interest factor attributable to rentals | 52.8 | 47.9 | 52.4 | 50.0 | 52.3 | ||||||||||||||||
(I) | Preferred dividends of subsidiaries | 1.1 | — | — | — | — | ||||||||||||||||
(J) | Capitalized interest | 17.0 | 23.0 | 24.8 | 28.2 | 24.8 | ||||||||||||||||
(K) | Total fixed charges | $ | 719.2 | $ | 714.0 | $ | 720.7 | $ | 772.7 | $ | 835.0 | |||||||||||
(L) | Ratio of earnings to fixed charges | 2.55 | 2.13 | 2.64 | 2.09 | 2.17 |
NOTE: Dividends on International Paper's preferred stock are insignificant. As a result, for all periods presented, the ratios of earnings to fixed charges and preferred stock dividends are the same as the ratios of earnings to fixed charges.