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CONSOLIDATED BALANCE SHEET (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 881 $ 1,467
Total assets 13,039 13,429
Liabilities    
Total liabilities 8,303 8,815
Weyerhaeuser shareholders' interest:    
Common shares: $1.25 par value; authorized 1,360,000,000 shares; issued and outstanding: 538,639,584 and 535,975,518 shares 673 670
Other capital 4,607 4,552
Retained earnings 116 181
Cumulative other comprehensive loss (Note 11) (662) (791)
Total Weyerhaeuser shareholders' interest 4,734 4,612
Noncontrolling interests 2 2
Total equity 4,736 4,614
Total liabilities and equity 13,039 13,429
Forest Products:
   
Assets    
Cash and cash equivalents 877 1,466
Receivables, less allowances of $8 and $8 533 451
Inventories (Note 7) 513 478
Prepaid expenses 115 81
Deferred tax assets 167 113
Total current assets 2,205 2,589
Property and equipment, less accumulated depreciation of $6,834 and $6,784 3,083 3,217
Construction in progress 137 123
Timber and timberlands at cost, less depletion charged to disposals 3,987 4,035
Investments in and advances to equity affiliates 191 194
Goodwill 40 40
Other assets 511 363
Restricted assets held by special purpose entities 915 915
Total assets 11,069 11,476
Liabilities    
Accounts payable 326 340
Accrued liabilities (Note 8) 712 734
Total current liabilities 1,038 1,074
Long-term debt (Note 9) 4,192 4,710
Deferred income taxes 533 366
Deferred pension and other postretirement benefits 835 930
Other liabilities 412 393
Liabilities (nonrecourse to Weyerhaeuser) held by special purpose entities 774 772
Commitments and contingencies (Note 12)    
Total liabilities 7,784 8,245
Real Estate:
   
Assets    
Cash and cash equivalents 4 1
Receivables, less discounts and allowances of $2 and $3 36 51
Real estate in process of development and for sale 535 517
Land being processed for development 988 974
Investments in and advances to equity affiliates 15 16
Deferred tax assets 263 266
Other assets 121 120
Consolidated assets not owned 8 8
Total assets 1,970 1,953
Liabilities    
Other liabilities 193 212
Consolidated liabilities not owned 8 8
Commitments and contingencies (Note 12)    
Total liabilities $ 519 $ 570