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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net income (loss) $ 951 $ 864 $ 1,822 $ 1,647
Change in cumulative foreign currency translation adjustment (120) (70) 14 99
Net gains (losses) arising during the period 0 (4) 0 3
Reclassification adjustment for (gains) losses included in net earnings (loss) 2 (8) 2 (9)
Total Other Comprehensive Income (Loss), Net of Tax (97) 780 80 1,026
Comprehensive Income (Loss) 854 1,644 1,902 2,673
Other comprehensive (income) loss attributable to noncontrolling interests 0 0 0 2
Comprehensive Income (Loss) Attributable to International Paper Company 854 1,644 1,902 2,673
Less: Net earnings (loss) attributable to noncontrolling interests 0 0 0 (2)
U.S. plans        
Amortization of pension and post-retirement prior service costs and net loss: 21 31 64 101
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 0 826 0 826
Foreign Plan        
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax $ 0 $ 5 $ 0 $ 6