secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0000051434-26-000016
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Paper plans separation into two companies; reports FY2025 loss of $2.84B on $23.6B revenue
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- Plans to create two independent, publicly traded packaging companies in North America and EMEA; separation details to follow.
- FY2025 net sales $23.63B; loss from continuing ops $2.84B including $2.47B goodwill impairment and $0.96B accelerated depreciation.
- Q4 2025 loss from continuing ops $2.36B (includes $2.47B impairment); adjusted EBITDA $758M.
- 2026 adjusted EBITDA target $3.5-3.7B; Q1 2026 target $740-760M; excludes future price realization.
- Free cash flow FY2025 negative $159M; operating cash flow $1.70B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000005143426000016/0000051434-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000005143426000016/ip-20260129.htm
  HTML page:      https://secwatch.observer/filing/0000051434-26-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer