Complete the spin-off of the Printing Papers segment
Delivered after the deadline (1 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 3 Dec 2020
- Due
- 30 Sep 2021
- Delivered
- 1 Oct 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“plans to complete the spin-off late in the third quarter of 2021.”
What we found
Evidence strength A What the grades mean
The company completed the spin-off of its Printing Papers segment on October 1, 2021, which occurred immediately after the third quarter of 2021 deadline.
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A International Paper 10-Q filed 2022-07-29
“Prior to the spin-off of the Printing Papers segment on October 1, 2021, the Company was party to a joint marketing agreement with Ilim Group” ✓ confirmed on the page
Market reaction: the shares moved -2.1% against the S&P 500 over the three sessions around the disclosure (28 Jul 2022 to 2 Aug 2022). What this measures
Checked 18 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- 1 versions
-
Version 1 · original · stated 3 Dec 2020
Deadline 30 Sep 2021 (“late in the third quarter of 2021”) · wording expected
-
Version 2 · stated 29 Jul 2021
Deadline 1 Oct 2021 (“October 1st”) · wording expected
“spin-off of our papers business, which we expect to complete on October 1st”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Separation
- Indicative materiality
- Transformational rules
- Action
- Complete
- Deliverable
- spin-off of the Printing Papers segment
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: final approval by the International Paper Board of Directors; receipt of a tax opinion; filing and effectiveness of a Form 10 registration statement
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-IP-014948 · Corrections policy