(a) Reflects the low historic tax basis in Weldwood that was carried over in connection with the acquisition of Champion in June 2000. Assets and liabilities of Weldwood, included in International Paper’s consolidated balance sheet at December 31, 2003 as Assets and Liabilities of businesses held for sale, were as follows: In the second quarter of 2004, CHH completed the sale of its Tissue business to Svenska Cellulosa Aktiebolaget (SCA). As a result of this sale, International Paper recognized a gain of $268 million before taxes and minority interest ($90 million after taxes and minority interest). This gain on sale is included along with the net income of the Carter Holt Harvey Tissue business prior to the sale in Discontinued operations in the accompanying consolidated statement of operations. Additionally, all periods presented have also been restated to present the operating results of the Tissue business as a discontinued operation. Revenues associated with this discontinued operation were $153 million in 2004, $433 million in 2003 and $369 million in 2002, respectively. Earnings and earnings per share related to the Tissue business were as follows: The assets and liabilities of the Tissue business, included in International Paper’s consolidated balance sheet at December 31, 2003 as a component of Assets and Liabilities of businesses held for sale, were as follows: 55 In millions 2003 Accounts receivable, net $ 86 Inventories 129 Plants, properties and equipment, net 738 Forestlands 90 Investments 86 Goodwill 548 Other assets 3 Assets of business held for sale $1,680 Accounts payable $82 Accrued payroll and benefits 16 Other accrued liabilities 4 Deferred income taxes 212 Other liabilities 78 Minority interest  5 Liabilities of business held for sale $ 397 In millions, except per share amounts 2004) 2003) 2002) Earnings from discontinued  operation Earnings from operations $  13) $ 39) $3 0 ) Income tax expense (3) (15) (6) Minority interest, net of taxes (5) (12) (12) Earnings from operations, net of  taxes and minority interest 5) 12) 12) Gain on sale 268) -) -) Income tax expense (69) -) -) Minority interest, net of taxes (109) -) -) Gain on sale, net of taxes and  minority interest 90) -) -) Earnings from discontinued  operation, net of taxes and minority interest $ 95) $1 2 ) $ 12) Earnings per common share  from discontinued operation Earnings from operations, net of  taxes and minority interest $ 0.01) $0.03) $0.02) Gain on sale, net of taxes and  minority interest 0.19) -) -) Earnings per common share from  discontinued operation, net of taxes and minority interest $ 0.20) $0.03) $0.02) In millions 2003 Accounts receivable, net $ 41 Inventories 87 Plants, properties and equipment, net 277 Other assets 19 Assets of business held for sale $424 Accounts payable $ 34 Accrued payroll and benefits 15 Other accrued liabilities 8 Other liabilities 18 Minority interest  173 Liabilities of business held for sale $248