1、2017AnnualPerformanceSummaryWe continued to create long-term value,achieved above cost-of-capital returns for the eighth consecutive year and generated strong free cash flow by providing sustainable solutions to our customers.Chairman and CEOMark S.Sutton,SustainingFORESTS Innovative PRODUCTS Inspir
2、ed PERFORMANCE Investing in PEOPLE Improving our PLANETTHE IP WAYFORWARD 2017 ANNUAL PERFORMANCE SUMMARY|1In 2017,we continued to pursue our vision of being among the most successful,sustainable and responsible companies in the world.Our 52,000 colleagues increased sales and earnings,generated stron
3、g free cash flow and returns above cost-of-capital,and strengthened our balance sheet.As one of the worlds leading producers of renewable,fiber-based packaging,pulp and paper,our global team is committed to strengthening our people and the communities where we live and work,using all resources respo
4、nsibly and efficiently,and ensuring our businesses are safe,successful and sustainable for generations to come.We transform renewable resources into recyclable products that people depend on every day.Every day,our global teams create:Packaging products that protect and promote goods,enable worldwid
5、e commerce and keep consumers safe Pulp for diapers,tissue and other personal hygiene products that promote health and wellness Papers that facilitate education and communicationWe create long-term stakeholder value via The IP Way Forward,our strategic framework consisting of five Strategic Drivers:
6、Sustaining Forests Investing in People Improving our Planet Creating Innovative Products Delivering Inspired PerformanceTo our shareowners,Sustaining Forests Our entire business depends upon the sustainability of forests.We will continue to lead the world in responsible forest stewardship to ensure