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BUSINESS SEGMENTS (Tables)
9 Months Ended
Sep. 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
SEPTEMBER 2013
 
SEPTEMBER 2012
 
SEPTEMBER 2013
 
SEPTEMBER 2012
Sales to unaffiliated customers:
 
 
 
 
 
 
 
Timberlands
$
353

 
$
267

 
$
979

 
$
779

Wood Products
1,030

 
816

 
3,083

 
2,226

Cellulose Fibers
474

 
459

 
1,424

 
1,391

Real Estate
324

 
230

 
787

 
663

 
2,181

 
1,772

 
6,273

 
5,059

Intersegment sales:
 
 
 
 
 
 
 
Timberlands
194

 
162

 
584

 
498

Wood Products
19

 
18

 
55

 
58

 
213

 
180

 
639

 
556

Total sales
2,394


1,952

 
6,912

 
5,615

Intersegment eliminations
(213
)
 
(180
)
 
(639
)
 
(556
)
Total
$
2,181

 
$
1,772

 
$
6,273

 
$
5,059

Net contribution to earnings:
 
 
 
 
 
 
 
Timberlands
$
118

 
$
80

 
$
336

 
$
227

Wood Products
79

 
59

 
393

 
82

Cellulose Fibers
47

 
78

 
135

 
162

Real Estate
33

 
17

 
47

 
24

 
277

 
234

 
911

 
495

Unallocated Items(1)
21

 
(17
)
 
(25
)
 
22

Net contribution to earnings
298

 
217

 
886

 
517

Interest expense, net of capitalized interest
(95
)
 
(87
)
 
(258
)
 
(260
)
Income before income taxes
203

 
130

 
628

 
257

Income taxes
(36
)
 
(13
)
 
(119
)
 
(15
)
Net earnings
167

 
117

 
509

 
242

Dividends on preference shares
(10
)
 

 
(12
)
 

Net earnings attributable to Weyerhaeuser common shareholders
$
157

 
$
117

 
$
497

 
$
242


(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.