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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 835 $ 898
Receivables, less discounts and allowances of $6 and $7 569 523
Receivables for taxes 101 95
Inventories (Note 7) 542 531
Prepaid expenses 128 88
Deferred tax assets (Note 22) 151 88
Restricted financial investments held by variable interest entities (Note 11) 0 184
Total current assets 2,326 2,407
Property and equipment, less accumulated depreciation of $6,368 and $6,388 (Note 8) 2,704 2,872
Construction in progress 112 50
Timber and timberlands at cost, less depletion charged to disposals (Note 3) 6,580 3,961
Real estate in process of development and for sale (Note 12) 851 695
Land being processed for development (Note 20) 613 971
Investments in and advances to equity affiliates (Note 9) 211 213
Goodwill 42 40
Deferred tax assets (Note 22) 41 368
Other assets 403 400
Restricted financial investments held by variable interest entities (Note 11) 615 615
Total assets 14,498 12,592
Liabilities    
Notes payable 2 0
Current maturities of long-term debt (Notes 15 and 16) 0 409
Current maturities of long-term debt (nonrecourse to the company) held by variable interest entities (Note 11) 0 161
Accounts payable 384 373
Accrued liabilities (Note 13) 742 662
Total current liabilities 1,128 1,605
Long-term debt (Notes 3, 15 and 16) 4,891 3,882
Long-term debt (nonrecourse to the company) held by variable interest entities (Note 11) 516 511
Deferred income taxes (Note 22) 206 0
Deferred pension and other postretirement benefits (Note 10) 516 1,930
Other liabilities 409 551
Total liabilities 7,666 8,479
Weyerhaeuser shareholders’ interest (Notes 18 and 19):    
Mandatory convertible preference shares, series A: $1.00 par value; $50.00 liquidation; authorized 40,000,000 shares; issued and outstanding: 13,800,000 and 0 shares (Note 3) 14 0
Common shares: $1.25 par value; authorized 1,360,000,000 shares; issued and outstanding: 583,548,428 and 542,392,642 shares (Note 3) 729 678
Other capital (Note 3) 6,444 4,731
Retained earnings 294 219
Cumulative other comprehensive loss (686) (1,558)
Total Weyerhaeuser shareholders’ interest 6,795 4,070
Noncontrolling interests 37 43
Total equity 6,832 4,113
Total liabilities and equity $ 14,498 $ 12,592