updated 02/09/2013 AT 1:40 PM ET
•originally published 02/09/2013 AT 9:30 AM ET
Brrr … that’s hot!
And unlike last year, this time around Upton, 20, is slightly more covered up – OK, not really – in her Antarctica-themed shoot. The cover finds the model posing in a white Canada Goose Chilliwack Bomber jacket, unzipped, with a fur hood and bikini bottom on a boat.
The issue also promises photos of models from all seven continents.
According to the magazine, Upton is expected to appear on The Late Show with David Letterman on Monday night – along with nine other swimsuit models – to promote the issue.
Not since Tyra Banks in 1996 and 1997 has a model graced two back-to-back Swimsuit Issue covers.
SI Swimsuit (@SI_Swimsuit) February 9, 2013