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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net sales $ 8,529 $ 7,059 $ 6,216
Costs of products sold 6,709 5,810 5,120
Gross margin 1,820 1,249 1,096
Selling expenses 220 194 178
General and administrative expenses 455 436 423
Research and development expenses 33 32 30
Charges for restructuring, closures and impairments (Note 20) 390 32 83
Other operating income, net (Note 21) (25) (180) (212)
Operating income 747 735 594
Interest income and other 58 52 47
Interest expense, net of capitalized interest (371) (348) (384)
Earnings from continuing operations before income taxes 434 439 257
Income taxes (Note 22) 129 (55) 62
Earnings from continuing operations 563 384 319
Earnings from discontinued operations, net of income taxes (Note 5) 0 0 12
Net earnings 563 384 331
Net loss attributable to noncontrolling interests 0 1 0
Net earnings attributable to Weyerhaeuser 563 385 331
Dividends on preference shares (23) 0 0
Net earnings attributable to Weyerhaeuser common shareholders $ 540 $ 385 $ 331
Basic earnings per share attributable to Weyerhaeuser common shareholders (Note 6):      
Continuing operations $ 0.95 $ 0.71 $ 0.60
Discontinued operations $ 0.00 $ 0.00 $ 0.02
Net earnings per share $ 0.95 $ 0.71 $ 0.62
Diluted earnings per share attributable to Weyerhaeuser common shareholders (Note 6):      
Continuing operations $ 0.95 $ 0.71 $ 0.59
Discontinued operations $ 0.00 $ 0.00 $ 0.02
Net earnings per share $ 0.95 $ 0.71 $ 0.61
Dividends paid per common share $ 0.81 $ 0.62 $ 0.60
Weighted average shares outstanding (in thousands) (Note 6):      
Basic 566,329 539,140 537,534
Diluted 571,239 542,310 539,879