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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 780 $ 835
Receivables, less discounts and allowances of $6 and $6 560 569
Receivables for taxes 34 101
Inventories (Note 6) 626 542
Prepaid expenses 108 128
Deferred tax assets 207 151
Total current assets 2,315 2,326
Property and equipment, less accumulated depreciation of $6,357 and $6,368 2,611 2,704
Construction in progress 140 112
Timber and timberlands at cost, less depletion charged to disposals (Note 2) 6,574 6,580
Real estate in process of development and for sale 927 851
Land being processed for development 612 613
Investments in and advances to equity affiliates 205 211
Goodwill 40 42
Deferred tax assets 37 41
Other assets 429 403
Restricted financial investments held by variable interest entities 615 615
Total assets 14,505 14,498
Liabilities    
Notes payable 2 2
Accounts payable 409 384
Accrued liabilities (Note 8) 661 742
Total current liabilities 1,072 1,128
Long-term debt (Note 9) 4,891 4,891
Long-term debt (nonrecourse to the company) held by variable interest entities 516 516
Deferred income taxes 306 206
Deferred pension and other postretirement benefits 471 516
Other liabilities 364 409
Commitments and contingencies (Note 10)      
Total liabilities 7,620 7,666
Weyerhaeuser shareholders’ interest:    
Mandatory convertible preference shares, series A: $1.00 par value; $50.00 liquidation; authorized 40,000,000 shares; issued and outstanding: 13,800,000 shares 14 14
Common shares: $1.25 par value; authorized 1,360,000,000 shares; issued and outstanding: 584,961,444 and 583,548,428 shares 731 729
Other capital 6,464 6,444
Retained earnings 344 294
Cumulative other comprehensive loss (Note 11) (701) (686)
Total Weyerhaeuser shareholders’ interest 6,852 6,795
Noncontrolling interests 33 37
Total equity 6,885 6,832
Total liabilities and equity $ 14,505 $ 14,498