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Financial Information By Business Segment And Geographic Area (Note)
12 Months Ended
Dec. 31, 2021
Segment Reporting, Measurement Disclosures [Abstract]  
Financial Information By Business Segment And Geographic Area

International Paper’s business segments, Industrial Packaging and Global Cellulose Fibers are consistent with the internal structure used to manage these businesses. See the Description of Business Segments on pages 28 and 29 in Part II. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations for a description of the types of products and services from which each reportable segment derives its revenues. On October 1, 2021, the Company completed the previously announced spin-off of its Printing Papers business into a new, publicly-traded company, Sylvamo Corporation, listed on the New York Stock Exchange. Additionally, on August 6, 2021, the Company completed the sale of its Kwidzyn, Poland mill which included the pulp and paper mill in Kwidzyn and supporting functions. As a result of the Sylvamo Corporation spin-off and the sale of Kwidzyn, the Company no longer has a Printing Papers segment, and all current and prior year amounts have been adjusted to reflect the Sylvamo Corporation and Kwidzyn businesses as a discontinued operation. All segments are differentiated on a common product, common customer basis consistent with the business segmentation generally used in the Forest Products industry.
Business segment operating profits are used by International Paper’s management to measure the earnings performance of its businesses. Management believes that this measure allows a better understanding of trends in costs, operating efficiencies, prices and volumes. Business segment operating profits are defined as earnings (loss) from continuing operations before income taxes and equity earnings, but including the impact of noncontrolling interests, excluding interest expense, net, corporate
items, net, corporate net special items, business net special items and non-operating pension expense.
External sales by major product is determined by aggregating sales from each segment based on similar products or services. External sales are defined as those that are made to parties outside International Paper’s consolidated group, whereas sales by segment in the Net Sales table are determined using a management approach and include intersegment sales.

INFORMATION BY BUSINESS SEGMENT

Net Sales
In millions202120202019
Industrial Packaging$16,326 $14,900 $15,260 
Global Cellulose Fibers2,732 2,393 2,680 
Corporate and Intersegment Sales (a)305 272 377 
Net Sales$19,363 $17,565 $18,317 
Operating Profit (Loss)
In millions202120202019
Industrial Packaging$1,638 $1,757 $2,011 
Global Cellulose Fibers(3)(218)(12)
Business Segment Operating Profit1,635 1,539 1,999 
Earnings (loss) from continuing operations before income taxes and equity earnings999 329 921 
Interest expense, net337 446 499 
Noncontrolling interests adjustment (b)(5)— — 
Corporate expenses, net (a)134 62 129 
Corporate net special items (a)352 262 263 
Business net special items18 481 151 
Non-operating pension (income) expense(200)(41)36 
$1,635 $1,539 $1,999 
Business Net Special Items
In millions202120202019
Industrial Packaging$15 $476 $83 
Global Cellulose Fibers3 68 
Business Net Special Items$18 $481 $151 

Assets
In millions20212020
Industrial Packaging$16,247 $15,951 
Global Cellulose Fibers3,521 3,444 
Corporate and other (c)5,475 12,323 
Assets$25,243 $31,718 
Capital Spending
In millions202120202019
Industrial Packaging$382 $554 $951 
Global Cellulose Fibers83 96 163 
Subtotal465 650 1,114 
Corporate and other (d)15 13 23 
Capital Spending$480 $663 $1,137 
Depreciation, Amortization and Cost of Timber Harvested
In millions202120202019
Industrial Packaging$829 $813 $799 
Global Cellulose Fibers265 274 262 
Corporate (e)3 11 
Depreciation and Amortization$1,097 $1,091 $1,072 
External Sales By Major Product 
In millions202120202019
Industrial Packaging$16,276 $14,851 $15,192 
Global Cellulose Fibers2,730 2,394 2,675 
Other (f)357 320 450 
Net Sales$19,363 $17,565 $18,317 
INFORMATION BY GEOGRAPHIC AREA

Net Sales (g)
In millions202120202019
United States (h)$16,769 $15,178 $15,616 
EMEA1,611 1,395 1,427 
Pacific Rim and Asia207 203 387 
Americas, other than U.S.776 789 887 
Net Sales$19,363 $17,565 $18,317 
Long-Lived Assets (i)
In millions20212020
United States$9,317 $9,780 
EMEA745 759 
Americas, other than U.S.397 424 
Long-Lived Assets$10,459 $10,963 
(a)Includes sales of $44 million in 2021, $56 million in 2020 and $161 million in 2019, operating profit (losses) of $9 million in 2021, $1 million in 2020 and $25 million in 2019, and corporate net special items expense of $0 million in 2021, $0 million in 2020 and $159 million in 2019, from previously divested businesses.
(b)Operating profits for industry segments include each segment’s percentage share of the profits of subsidiaries included in that segment that are less than wholly-owned. The pre-tax noncontrolling interests for these subsidiaries is added here to present consolidated earnings from continuing operations before income taxes and equity earnings.
(c)Includes corporate assets and assets of divested businesses.
(d)Includes corporate assets and assets of previously divested businesses of $0 million in 2021, $0 million in 2020 and $4 million in 2019.
(e)Includes $0 million in 2021, $0 million in 2020 and $7 million in 2019 from previously divested businesses.
(f)Includes $44 million in 2021, $56 million in 2020 and $161 million in 2019 from previously divested businesses.
(g)Net sales are attributed to countries based on the location of the seller.
(h)Export sales to unaffiliated customers were $2.6 billion in 2021, $2.4 billion in 2020 and $2.6 billion in 2019.
(i)Long-Lived Assets includes Forestlands and Plants, Properties and Equipment, net.