| Schedule of Stockholders' Equity |
A summary of the changes in equity for the three months and six months ended June 30, 2026 and 2025 is provided below:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | In millions, except per share amounts | Common Stock Issued | | Paid-in Capital | | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | | Common Stock Held In Treasury, At Cost | | Total
Equity | | | Balance, April 1 | $ | 627 | | | $ | 14,352 | | | $ | 4,699 | | $ | (366) | | | $ | 4,504 | | | $ | 14,808 | | | | Issuance of stock for various plans, net | — | | | 20 | | | — | | — | | | (6) | | | 26 | | | | Repurchase of stock | — | | | — | | | — | | — | | | 1 | | | (1) | | | Common stock dividends ($0.4625 per share) | — | | | — | | | (247) | | — | | | — | | | (247) | | | | Comprehensive income (loss) | — | | | — | | | (12) | | (119) | | | — | | | (131) | | | | Ending Balance, June 30 | $ | 627 | | | $ | 14,372 | | | $ | 4,440 | | $ | (485) | | | $ | 4,499 | | | $ | 14,455 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | In millions, except per share amounts | Common Stock Issued | | Paid-in Capital | | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | | Common Stock Held In Treasury, At Cost | | Total
Equity | | | Balance, January 1 | $ | 627 | | | $ | 14,414 | | | $ | 4,885 | | $ | (528) | | | $ | 4,571 | | | $ | 14,827 | | | | Issuance of stock for various plans, net | — | | | (42) | | | — | | — | | | (103) | | | 61 | | | | Repurchase of stock | — | | | — | | | — | | — | | | 31 | | | (31) | | | Common stock dividends ($0.9250 per share) | — | | | — | | | (493) | | — | | | — | | | (493) | | | | Comprehensive income (loss) | — | | | — | | | 48 | | 43 | | | — | | | 91 | | | | Ending Balance, June 30 | $ | 627 | | | $ | 14,372 | | | $ | 4,440 | | $ | (485) | | | $ | 4,499 | | | $ | 14,455 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | In millions, except per share amounts | Common Stock Issued | | Paid-in Capital | | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | | Common Stock Held In Treasury, At Cost | | Total
Equity | | | Balance, April 1 | $ | 627 | | | $ | 14,350 | | | $ | 9,038 | | $ | (1,341) | | | $ | 4,582 | | | $ | 18,092 | | | | Issuance of stock for various plans, net | — | | | 24 | | | — | | — | | | (7) | | | 31 | | | | | | | | | | | | | | | | Repurchase of stock | — | | | — | | | — | | — | | | 2 | | | (2) | | | Common stock dividends ($0.4625 per share) | — | | | — | | | (248) | | — | | | — | | | (248) | | | | Comprehensive income (loss) | — | | | — | | | 75 | | 669 | | | — | | | 744 | | | | Ending Balance, June 30 | $ | 627 | | | $ | 14,374 | | | $ | 8,865 | | $ | (672) | | | $ | 4,577 | | | $ | 18,617 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | In millions, except per share amounts | Common Stock Issued | | Paid-in Capital | | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | | Common Stock Held In Treasury, At Cost | | Total
Equity | | | Balance, January 1 | $ | 449 | | | $ | 4,732 | | | $ | 9,393 | | $ | (1,722) | | | $ | 4,679 | | | $ | 8,173 | | | | Issuance of stock for various plans, net | — | | | (89) | | | — | | — | | | (165) | | | 76 | | | | Issuance of stock for DS Smith acquisition | 178 | | | 9,731 | | | — | | — | | | — | | | 9,909 | | | | Repurchase of stock | — | | | — | | | — | | — | | | 63 | | | (63) | | | Common stock dividends ($0.9250 per share) | — | | | — | | | (498) | | — | | | — | | | (498) | | | | Comprehensive income (loss) | — | | | — | | | (30) | | 1,050 | | | — | | | 1,020 | | | | Ending Balance, June 30 | $ | 627 | | | $ | 14,374 | | | $ | 8,865 | | $ | (672) | | | $ | 4,577 | | | $ | 18,617 | | |
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