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LONGVIEW TIMBER PURCHASE
3 Months Ended
Mar. 31, 2014
Business Combinations [Abstract]  
LONGVIEW TIMBER PURCHASE
LONGVIEW TIMBER PURCHASE
On July 23, 2013, we purchased 100 percent of the equity interests in Longview Timber LLC (Longview Timber) for $1.58 billion cash and assumed debt of $1.07 billion, for an aggregate purchase price of $2.65 billion. Longview Timber was a privately-held Delaware limited liability company engaged in the ownership and management of approximately 645,000 acres of timberlands in Oregon and Washington. We believe Longview Timber has productive lands with favorable age class distribution that will provide us with optionality for harvest. Earnings, assets and liabilities from this business are reported as part of the Timberlands segment beginning in third quarter 2013.
Summarized unaudited pro forma information that presents combined amounts as if this acquisition occurred at the beginning of 2013, is as follows:
 
QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES
MARCH 2013
Net sales
$
2,003

Net earnings attributable to Weyerhaeuser common shareholders
$
150

Earnings per share attributable to Weyerhaeuser common shareholders, basic and diluted
$
0.26