LONGVIEW TIMBER PURCHASE (Tables)

9 Months Ended

Sep. 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	SEPTEMBER 2013		SEPTEMBER 2012		SEPTEMBER 2013		SEPTEMBER 2012
Net sales	$	2,191	$	1,813	$	6,390	$	5,192
Net earnings attributable to Weyerhaeuser common shareholders	$	153	$	104	$	514	$	214
Earnings per share attributable to Weyerhaeuser common shareholders, basic and diluted	$	0.26	$	0.18	$	0.88	$	0.37

Estimated fair values of identifiable assets acquired and liabilities assumed

The following table summarizes the estimated fair values of identifiable assets acquired and liabilities assumed as of the acquisition date.

DOLLAR AMOUNTS IN MILLIONS	JULY 23, 2013
Current assets	$	46
Property and equipment	39
Timber and timberlands	2,654
Other assets	2
Total assets acquired	2,741
Current liabilities	10
Long-term debt	1,122
Other liabilities	5
Total liabilities assumed	1,137
Net assets acquired	$	1,604