DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2013

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Operations Included in Discontinued Operations

OPERATIONS INCLUDED IN DISCONTINUED OPERATIONS

Discontinued Operations



Operations	Disposition	Segment where activities were included	Pretax gain or loss on sale
Hardwoods	Sold 2011 — third quarter	Wood Products	$22 million loss in Wood Products
Westwood Shipping Lines	Sold 2011 — third quarter	Corporate and Other	$49 million gain in Unallocated Items

Sales and Net Earnings from Discontinued Operations

NET EARNINGS FROM DISCONTINUED OPERATIONS

Sales and Net Earnings from Discontinued Operations



DOLLAR AMOUNTS IN MILLIONS
	2011
Net sales:
Hardwoods	$	222
Westwood Shipping Lines	180
Total net sales from discontinued operations	$	402
Loss from operations:
Hardwoods	$	(3	)
Westwood Shipping Lines	—
Other discontinued operations	(13		)
Total loss from discontinued operations	(16		)
Income taxes	5
Net loss from operations	(11		)
Net gain (loss) on sale (after-tax):
Hardwoods	(14		)
Westwood Shipping Lines	31
Sale of property	6
Net earnings from discontinued operations	$	12

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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