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INCOME TAXES - Items Included in Our Deferred Income Tax Assets (Liabilities) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Postretirement benefits $ 144 $ 134
Pension 521 337
Real estate impairments 115 141
State tax credits 59 57
Net operating loss carryforwards 187 162
Cellulosic biofuel producers credit 240 240
Other 336 369
Gross deferred tax assets 1,602 1,440
Valuation allowance (144) (139)
Net deferred tax assets 1,458 1,301
Property, plant and equipment (577) (610)
Timber installment notes (240) (277)
Other (185) (186)
Deferred tax liabilities (1,002) (1,073)
Net deferred tax assets $ 456 $ 228