<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
FORM 10-Q/A
Quarterly Report Under Section 13 or 15(d)
of the Securities Exchange Act of 1934
For Quarter Ended September 30, 1995 Commission file number 1-3157
INTERNATIONAL PAPER COMPANY
(Exact name of registrant as specified in its charter)
New York 13 0872805
(State or other jurisdiction of (I.R.S. Employer
incorporation of organization) Identification No.)
Two Manhattanville Road, Purchase, NY 10577
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 914-397-1500
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No _____
Indicate the number of shares outstanding of each of the issuer's classes
of common stock as of the latest practicable date.
Common stock outstanding on October 31, 1995: 260,758,197.
<PAGE>
PART I. FINANCIAL INFORMATION
ITEM 3. OTHER FINANCIAL INFORMATION
Industry Segment Data
(Unaudited)
Sales by Industry Segment (In millions)
Three Months Ended Nine Months Ended
September 30, September 30,
------------------ -----------------
1995 1994 1995 1994
-------- -------- ------- -------
Printing Papers $1,595 $1,135 $ 4,670 $ 3,125
Packaging 1,175 875 3,290 2,455
Distribution 1,290 890 3,775 2,510
Specialty Products 870 650 2,400 1,915
Forest Products 570 430 1,470 1,300
Less: Intersegment Sales (355) (188) (884) (466)
------ ------ ------- -------
Net Sales $5,145 $3,792 $14,721 $10,839
====== ====== ======= =======
Production by Products
Three Months Ended Nine Months Ended
September 30, September 30,
------------------ -------------------
1995(D) 1994(E) 1995(D)/(E) 1994(E)
--------- ------- ----------- -------
Printing Papers (In thousands of tons)
White Papers and Bristols 875 830 2,570 2,420
Coated Papers 255 260 885 765
Market Pulp (A) 445 385 1,310 1,210
Newsprint 20 5 65 35
Packaging (In thousands of tons)
Containerboard 650 555 1,825 1,595
Bleached Packaging Board 295 255 835 780
Industrial Papers 170 165 490 480
Industrial and Consumer Packaging (B) 740 770 2,300 2,260
Specialty Products (In thousands
of tons)
Tissue 25 -- 40 --
Forest Products (In millions)
Panels (sq. ft. 3/8" basis) (C) 215 205 630 620
Lumber (board feet) 320 245 810 720
(A) This excludes market pulp purchases.
(B) A significant portion of this tonnage was fabricated from paperboard and
paper produced at the Company's own mills and included in the
containerboard, bleached packaging board, and industrial papers amounts in
this table.
(C) Panels include plywood and oriented strand board.
(D) Includes amounts for Carter Holt Harvey as applicable from May 1, 1995.
(E) Certain reclassifications and adjustments have been made to year-to-date
and prior year amounts.
2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
INTERNATIONAL PAPER COMPANY
(Registrant)
Date: November 16, 1995 /s/ Marianne M. Parrs
Marianne M. Parrs
Senior Vice President
and Chief Financial Officer
Date: November 16, 1995 /s/ Andrew R. Lessin
Andrew R. Lessin
Controller and Chief
Accounting Officer
3