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BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2013
Reconciliation of Revenue from Segments to Consolidated
An analysis and reconciliation of our business segment information to the respective information in the Consolidated Financial Statements is as follows:
 
QUARTER ENDED
 
YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS
JUNE 2013
 
JUNE 2012
 
JUNE 2013
 
JUNE 2012
Sales to unaffiliated customers:
 
 
 
 
 
 
 
Timberlands
$
333

 
$
262

 
$
626

 
$
512

Wood Products
1,065

 
776

 
2,053

 
1,410

Cellulose Fibers
476

 
459

 
950

 
932

Real Estate
267

 
296

 
463

 
433

 
2,141

 
1,793

 
4,092

 
3,287

Intersegment sales:
 
 
 
 
 
 
 
Timberlands
166

 
146

 
390

 
336

Wood Products
18

 
20

 
36

 
40

 
184

 
166

 
426

 
376

Total sales
2,325


1,959

 
4,518

 
3,663

Intersegment eliminations
(184
)
 
(166
)
 
(426
)
 
(376
)
Total
$
2,141

 
$
1,793

 
$
4,092

 
$
3,287

Net contribution to earnings:
 
 
 
 
 
 
 
Timberlands
$
114

 
$
77

 
$
218

 
$
147

Wood Products
136

 
36

 
314

 
23

Cellulose Fibers
57

 
36

 
88

 
84

Real Estate
14

 
15

 
14

 
7

 
321

 
164

 
634

 
261

Unallocated Items(1)

 
23

 
(46
)
 
39

Net contribution to earnings
321

 
187

 
588

 
300

Interest expense, net of capitalized interest
(81
)
 
(86
)
 
(163
)
 
(173
)
Income before income taxes
240

 
101

 
425

 
127

Income taxes
(42
)
 
(17
)
 
(83
)
 
(2
)
Net earnings
198

 
84

 
342

 
125

Dividends on preference shares
(2
)
 

 
(2
)
 

Net earnings attributable to Weyerhaeuser common shareholders
$
196

 
$
84

 
$
340

 
$
125


(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.