. the operating results of these con- solidated joint ventures did not have a material effect on the company 2019s 2006 consolidated results of operations . on july 1 , 2004 , international paper completed the acquisition of all of the outstanding common and preferred stock of box usa holdings , inc . ( box usa ) for approximately $ 189 million in cash and a $ 15 million 6% ( 6 % ) note payable issued to box usa 2019s controlling shareholders