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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operations:    
Net earnings $ 1,649 $ 509
Noncash charges (credits) to earnings:    
Depreciation, depletion and amortization 375 343
Deferred income taxes, net 170 73
Pension and other postretirement benefits (Note 7) (104) 79
Share-based compensation expense 29 34
Charges for impairment of assets 1 5
Net gains on dispositions of assets and operations(1) (Note 2) (1,048) (42)
Foreign exchange transaction losses (Note 14) 15 6
Change in:    
Receivables less allowances (28) (112)
Receivable for taxes 77 64
Inventories (46) 0
Real estate and land (133) (179)
Prepaid expenses 6 (16)
Accounts payable and accrued liabilities (76) 45
Deposits on land positions and other assets 15 (11)
Pension and postretirement contributions / benefit payments (85) (104)
Other (33) (38)
Net cash from operations 784 656
Cash flows from investing activities:    
Property and equipment (239) (151)
Timberlands reforestation (32) (28)
Acquisition of Longview Timber LLC, net of cash acquired (Note 3) 0 (1,581)
Net proceeds from Real Estate Divestiture, net of cash divested (Note 2) 707 0
Proceeds from sale of assets 24 15
Net proceeds of investments held by special purpose entities 0 22
Other 25 5
Cash from investing activities 485 (1,718)
Cash flows from financing activities:    
Net proceeds from issuance of common shares 0 897
Net proceeds from issuance of preference shares 0 669
Net proceeds from issuance of debt 0 494
Net proceeds from issuance of Weyerhaeuser Real Estate Company (WRECO) debt (Note 2) 887 0
Deposit of WRECO debt proceeds into escrow (Note 2) (887) 0
Cash dividends on common shares (411) (330)
Cash dividends on preference shares (22) 0
Change in book overdrafts (17) 8
Payments on debt 0 (340)
Exercises of stock options 84 141
Repurchase of common stock (Note 5) (123) 0
Other 5 22
Cash from financing activities (484) 1,561
Net change in cash and cash equivalents 785 499
Cash and cash equivalents at beginning of period 835 898
Cash and cash equivalents at end of period 1,620 1,397
Cash paid (received) during the period for:    
Interest, net of amount capitalized of $12 and $15 253 275
Income taxes (40) (4)
Noncash investing and financing activity:    
Acquisition of Longview Timber LLC, debt assumed (Note 3) 0 1,070
Common shares tendered in WRECO divestiture (Note 2) $ 1,954 $ 0