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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Net sales $ 2,181 $ 1,772 $ 6,273 $ 5,059
Cost of products sold 1,728 1,424 4,925 4,230
Gross margin 453 348 1,348 829
Selling expenses 56 49 161 138
General and administrative expenses 112 107 338 310
Research and development expenses 8 8 23 23
Charges for restructuring, closures and impairments 2 10 12 26
Other operating income, net (Note 14) (2) (28) (30) (147)
Operating income 277 202 844 479
Interest income and other 21 15 42 38
Interest expense, net of capitalized interest (95) (87) (258) (260)
Earnings before income taxes 203 130 628 257
Income taxes (Note 15) (36) (13) (119) (15)
Net earnings 167 117 509 242
Dividends on preference shares (10) 0 (12) 0
Net earnings attributable to Weyerhaeuser common shareholders $ 157 $ 117 $ 497 $ 242
Basic earnings per share attributable to Weyerhaeuser common shareholders (Note 4) $ 0.27 $ 0.22 $ 0.89 $ 0.45
Diluted earnings per share attributable to Weyerhaeuser common shareholders (Note 4) $ 0.27 $ 0.22 $ 0.88 $ 0.45
Dividends paid per common share $ 0.22 $ 0.15 $ 0.59 $ 0.45
Weighted average shares outstanding (in thousands) (Note 4):        
Basic 582,828 539,094 560,505 538,146
Diluted 587,179 542,311 565,383 540,694