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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operations:      
Net earnings $ 384 $ 331 $ 1,283
Noncash charges (credits) to income:      
Depreciation, depletion and amortization 456 480 503
Deferred income taxes, net (Note 20) 109 (26) (1,257)
Pension and other postretirement benefits (Note 8) (19) 81 (21)
Share-based compensation expense (Note 17) 37 25 24
Charges for impairment of assets (Notes 18) 24 56 117
Net gains on dispositions of assets and operations(1) (69) (236) (149)
Foreign exchange transaction (gains) losses (6) 6 (8)
Change in:      
Receivables less allowances (33) (53) (67)
Receivable for taxes (73) (37) 583
Inventories (54) (46) (30)
Real estate and land (75) (12) 5
Prepaid expenses (16) 3 6
Accounts payable and accrued liabilities 18 (133) (53)
Deposits on land positions and other assets 4 (4) (10)
Pension and postretirement contributions / benefit payments (145) (143) (280)
Other 39 (1) 43
Net cash from operations 581 291 689
Cash flows from investing activities:      
Property and equipment (256) (212) (194)
Timberlands reforestation (29) (29) (36)
Redemption of short-term investments 0 0 49
Proceeds from sale of assets and operations 80 362 213
Repayments from pension trust 0 0 146
Net proceeds of investments held by special purpose entities (Note 9) 13 0 0
Other 0 1 (14)
Cash from investing activities (192) 122 164
Cash flows from financing activities:      
Notes, commercial paper borrowings and revolving credit facilities, net 0 0 (4)
Cash dividends (334) (323) (608)
Change in book overdrafts (32) 2 (10)
Payments on debt (Note 13) (187) (583) (632)
Exercises of stock options 112 38 0
Repurchase of common stock (Note 16) 0 (37) 0
Other (3) (24) (1)
Cash from financing activities (444) (927) (1,255)
Net change in cash and cash equivalents (55) (514) (402)
Cash and cash equivalents at beginning of year 953 1,467 1,869
Cash and cash equivalents at end of year 898 953 1,467
Cash paid (received) during the year for:      
Interest, net of amounts capitalized of $18 in 2012, $30 in 2011 and $29 in 2010 351 420 463
Income taxes $ (13) $ 28 $ (453)