The U.S. pension plan is underfunded by $3,371 million in 2016. How does this fact affect International Papers 2016 balance sheet?

What is service cost? How does it affect the companys pension expense for the year?

What average interest rate did International Paper use to calculate interest cost on its U.S. pension plan during 2016?

How much did International Paper contribute to both of its pension plans during 2016? How does that compare to the contribution in 2015?

What amount of pension benefits were paid to former employees for all plans during 2016?

Why do the benefits paid affect both the pension obligation and the pension assets?

art I. International Paper Pensions jort art I. International Paper Pensions jort