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LONGVIEW TIMBER PURCHASE (Tables)
6 Months Ended
Jun. 30, 2013
Business Combinations [Abstract]  
Summarized unaudited pro forma information
Summarized unaudited pro forma information that presents combined amounts as if this acquisition occurred at the beginning of 2012, is as follows:
 
QUARTER ENDED
 
YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES
JUNE 2013
 
JUNE 2012
 
JUNE 2013
 
JUNE 2012
Net sales
$
2,196

 
$
1,840

 
$
4,199

 
$
3,379

Net earnings attributable to Weyerhaeuser common shareholders
$
211

 
$
74

 
$
361

 
$
110

Basic earnings per share attributable to Weyerhaeuser common shareholders
$
0.36

 
$
0.13

 
$
0.62

 
$
0.19

Diluted earnings per share attributable to Weyerhaeuser common shareholders
$
0.36

 
$
0.13

 
$
0.62

 
$
0.19

The preliminary fair values of identifiable assets acquired and liabilities assumed
The preliminary fair values of identifiable assets acquired and liabilities assumed, based on estimates that may change materially when purchase accounting is completed, are as follows:
DOLLAR AMOUNTS IN MILLIONS
JULY 23,
2013
Current assets
$
46

Property and equipment
2

Timber and timberlands
2,723

Investments in and advances to equity affiliates
1

Total assets acquired
2,772

Current liabilities
7

Long-term debt
1,140

Other liabilities
19

Total liabilities assumed
1,166

Net assets acquired
$
1,606