BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2012

Sales, Revenues and Contribution (Charge) to Earnings

Sales, Revenues and Contribution (Charge) to Earnings

DOLLAR AMOUNTS IN MILLIONS
	TIMBERLANDS		WOOD PRODUCTS			CELLULOSE FIBERS		REAL ESTATE		UNALLOCATED ITEMS(1) AND INTERSEGMENT ELIMINATIONS			CONSOLIDATED
Sales to and revenues from unaffiliated customers
2012	$	1,077	$	3,058		$	1,854	$	1,070	$	—		$	7,059
2011	$	1,044	$	2,276		$	2,058	$	838	$	—		$	6,216
2010	$	874	$	2,224		$	1,911	$	923	$	22		$	5,954
Intersegment sales
2012	$	683	$	74		$	—	$	—	$	(757	)	$	—
2011	$	646	$	80		$	—	$	—	$	(726	)	$	—
2010	$	603	$	63		$	—	$	—	$	(666	)	$	—
Contribution (charge) to earnings from continuing operations
2012	$	322	$	120		$	223	$	105	$	18		$	788
2011	$	491	$	(243	)	$	452	$	58	$	(117	)	$	641
2010	$	282	$	(316	)	$	421	$	91	$	54		$	532
(1) Unallocated Items are gains or charges not related to or allocated to an individual operating segment. They include a portion of items such as: share-based compensation, pension and postretirement costs, foreign exchange transaction gains and losses associated with financing, and the elimination of intersegment profit in inventory and the LIFO reserve.

Reconciliation of Contribution to Earnings to Net Earnings

Reconciliation of Contribution to Earnings to Net Earnings Attributable to Weyerhaeuser Shareholders

DOLLAR AMOUNTS IN MILLIONS
	2012			2011			2010
Net contribution to earnings from continuing operations	$	788		$	641		$	532
Net contribution to earnings from discontinued operations	—			20			14
Total contribution to earnings	788			661			546
Interest expense, net of capitalized interest	(348		)	(384		)	(452		)
Income before income taxes (continuing and discontinued operations)	440			277			94
Income taxes (continuing and discontinued operations)	(55		)	54			1,187
Net earnings attributable to Weyerhaeuser common shareholders	$	385		$	331		$	1,281

Additional Financial Information

Additional Financial Information

DOLLAR AMOUNTS IN MILLIONS
	TIMBERLANDS		WOOD PRODUCTS		CELLULOSE FIBERS			REAL ESTATE		UNALLOCATED ITEMS			CONSOLIDATED
Depreciation, depletion and amortization
2012	$	142	$	133	$	150		$	12	$	19		$	456
2011	$	137	$	151	$	147		$	13	$	28		$	476
2010	$	121	$	181	$	148		$	17	$	28		$	495
Net pension and postretirement cost (credit)(1)
2012	$	8	$	25	$	14		$	4	$	29		$	80
2011	$	7	$	22	$	13		$	4	$	26		$	72
2010	$	6	$	19	$	11		$	3	$	(73	)	$	(34	)
Charges for restructuring, closures and impairments(2)
2012	$	2	$	6	$	—		$	6	$	18		$	32
2011	$	—	$	64	$	1		$	14	$	4		$	83
2010	$	2	$	113	$	—		$	21	$	12		$	148
Equity in income (loss) of equity affiliates and unconsolidated entities
2012	$	—	$	—	$	5		$	2	$	(3	)	$	4
2011	$	—	$	—	$	2		$	2	$	(4	)	$	—
2010	$	—	$	—	$	(6	)	$	12	$	(6	)	$	—
Capital expenditures
2012	$	60	$	56	$	160		$	4	$	5		$	285
2011	$	53	$	35	$	146		$	3	$	1		$	238
2010	$	72	$	31	$	123		$	5	$	1		$	232
Investments in and advances to equity affiliates and unconsolidated entities
2012	$	—	$	—	$	191		$	21	$	1		$	213
2011	$	—	$	—	$	191		$	21	$	1		$	213
2010	$	—	$	—	$	194		$	16	$	—		$	210
Total assets
2012	$	4,697	$	1,319	$	2,386		$	2,003	$	2,187		$	12,592
2011	$	4,694	$	1,256	$	2,435		$	1,917	$	2,332		$	12,634
2010	$	4,731	$	1,551	$	2,406		$	1,953	$	2,823		$	13,464
(1) Net pension and postretirement cost (credit) excludes special items, as well as the recognition of curtailments, settlements and special termination benefits due to closures, restructuring or divestitures. See Note 8: Pension and Other Postretirement Benefit Plans for more information. (2)   See Note 18: Charges for Restructuring, Closures and Asset Impairments for more information