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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 953 $ 1,467
Deferred tax assets (Note 20) 1,301 1,193
Total assets 12,598 13,429
Liabilities    
Commitments and contingencies (Note 15)      
Total liabilities 8,331 8,815
Weyerhaeuser shareholders' interest:    
Common shares: $1.25 par value; authorized 1,360,000,000 shares; issued and outstanding: 536,425,400 and 535,975,518 shares 671 670
Other capital 4,595 4,552
Retained earnings 176 181
Cumulative other comprehensive loss (1,179) (791)
Total Weyerhaeuser shareholders' interest 4,263 4,612
Noncontrolling interests 4 2
Total equity 4,267 4,614
Total liabilities and equity 12,598 13,429
Forest Products:
   
Assets    
Cash and cash equivalents 950 1,466
Receivables, less allowances of $6 and $8 490 451
Inventories (Note 5) 476 478
Prepaid expenses 68 81
Deferred tax assets (Note 20) 81 113
Total current assets 2,065 2,589
Property and equipment, less accumulated depreciation of $6,672 and $6,784 (Note 6) 2,901 3,217
Construction in progress 145 123
Timber and timberlands at cost, less depletion charged to disposals 3,978 4,035
Investments in and advances to equity affiliates (Note 7) 192 194
Goodwill 40 40
Other assets 444 363
Restricted assets held by special purpose entities (Note 9) 916 915
Total assets 10,681 11,476
Liabilities    
Current maturities of long-term debt (Notes 13 and 14) 12 0
Accounts payable 336 340
Accrued liabilities (Note 11) 593 734
Total current liabilities 941 1,074
Long-term debt (Notes 13 and 14) 4,193 4,710
Long-term debt (Notes 13 and 14) 4,181 4,710
Deferred income taxes (Note 20) 93 366
Deferred pension and other postretirement benefits 1,467 930
Other liabilities 408 393
Liabilities (nonrecourse to Weyerhaeuser) held by special purpose entities (Note 9) 776 772
Total liabilities 7,866 8,245
Real Estate:
   
Assets    
Cash and cash equivalents 3 1
Receivables, less discounts and allowances of $2 and $3 41 51
Real estate in process of development and for sale (Note 10) 555 517
Land being processed for development 936 974
Investments in and advances to equity affiliates (Note 7) 21 16
Deferred tax assets (Note 20) 240 266
Other assets 113 120
Consolidated assets not owned (Note 9) 8 8
Total assets 1,917 1,953
Liabilities    
Current maturities of long-term debt (Notes 13 and 14) 176 33
Long-term debt (Notes 13 and 14) 285 350
Other liabilities 172 212
Consolidated liabilities not owned (Note 9) 8 8
Total liabilities $ 465 $ 570