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INCOME TAXES - Items included in Our Deferred Income Tax Assets (Liabilities) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Postretirement benefits $ 134 $ 172
Pension 337 109
Real estate impairments 141 205
State tax credits 57 57
Net operating loss carryforwards 169 162
Cellulosic biofuel producers credit 238 240
Other 371 390
Gross deferred tax assets 1,447 1,335
Valuation allowance (146) (142)
Net deferred tax assets 1,301 1,193
Property, plant and equipment (610) (668)
Timber installment notes (277) (277)
Other (186) (235)
Deferred tax liabilities (1,073) (1,180)
Net deferred tax assets (liabilities) $ 228 $ 13