item 7 .
management 2019s discussion and analysis of financial condition and results of operations executive summary international paper 2019s operating results in 2006 bene- fited from strong gains in pricing and sales volumes and lower operating costs .
our average paper and packaging prices in 2006 increased faster than our costs for the first time in four years .
the improve- ment in sales volumes reflects increased uncoated papers , corrugated box , coated paperboard and european papers shipments , as well as improved revenues from our xpedx distribution business .
our manufacturing operations also made solid cost reduction improvements .
lower interest expense , reflecting debt repayments in 2005 and 2006 , was also a positive factor .
together , these improvements more than offset the effects of continued high raw material and distribution costs , lower real estate sales , higher net corporate expenses and lower con- tributions from businesses and forestlands divested during 2006 .
looking forward to 2007 , we expect seasonally higher sales volumes in the first quarter .
average paper price realizations should continue to improve as we implement previously announced price increases in europe and brazil .
input costs for energy , fiber and chemicals are expected to be mixed , although slightly higher in the first quarter .
operating results will benefit from the recently completed international paper/sun paperboard joint ventures in china and the addition of the luiz anto- nio paper mill to our operations in brazil .
however , primarily as a result of lower real estate sales in the first quarter , we anticipate earnings from continuing operations will be somewhat lower than in the 2006 fourth quarter .
significant steps were also taken in 2006 in the execution of the company 2019s transformation plan .
we completed the sales of our u.s .
and brazilian coated papers businesses and 5.6 million acres of u.s .
forestlands , and announced definitive sale agreements for our kraft papers , beverage pack- aging and arizona chemical businesses and a majority of our wood products business , all expected to close during 2007 .
through december 31 , 2006 , we have received approximately $ 9.7 billion of the estimated proceeds from divest- itures announced under this plan of approximately $ 11.3 billion , with the balance to be received as the remaining divestitures are completed in the first half of 2007 .
we have strengthened our balance sheet by reducing debt by $ 6.2 billion , and returned value to our shareholders by repurchasing 39.7 million shares of our common stock for approximately $ 1.4 billion .
we made a $ 1.0 billion voluntary contribution to our u.s .
qualified pension fund .
we have identified selective reinvestment opportunities totaling approx- imately $ 2.0 billion , including opportunities in china , brazil and russia .
finally , we remain focused on our three-year $ 1.2 billion target for non-price profit- ability improvements , with $ 330 million realized during 2006 .
while more remains to be done in 2007 , we have made substantial progress toward achiev- ing the objectives announced at the outset of the plan in july 2005 .
results of operations industry segment operating profits are used by inter- national paper 2019s management to measure the earn- ings performance of its businesses .
management believes that this measure allows a better under- standing of trends in costs , operating efficiencies , prices and volumes .
industry segment operating profits are defined as earnings before taxes and minority interest , interest expense , corporate items and corporate special items .
industry segment oper- ating profits are defined by the securities and exchange commission as a non-gaap financial measure , and are not gaap alternatives to net income or any other operating measure prescribed by accounting principles generally accepted in the united states .
international paper operates in six segments : print- ing papers , industrial packaging , consumer pack- aging , distribution , forest products and specialty businesses and other .
the following table shows the components of net earnings ( loss ) for each of the last three years : in millions 2006 2005 2004 .

<i>In millions</i>
2006
2005
2004
Industry segment operating profits
$2,074
$1,622
$1,703
Corporate items, net
(746)
(607)
(477)
Corporate special items*
2,373
(134)
(141)
Interest expense, net
(521)
(595)
(712)
Minority interest
(9)
(9)
(21)
Income tax (provision) benefit
(1,889)
407
(114)
Discontinued operations
(232)
416
(273)
Net earnings (loss)
$1,050
$1,100
$(35)

* corporate special items include gains on transformation plan forestland sales , goodwill impairment charges , restructuring and other charges , net losses on sales and impairments of businesses , insurance recoveries and reversals of reserves no longer required. .

Question: Analyse this data from a financial earnings document. what was the percentage change in industry segment operating profits from 2005 to 2006?
Choices:
2074.27867
0.27867
1
0.19048
-0.27867
Correct choice index: 1