CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Cash flows from operations:
Net earnings		$ 245	$ 485
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization		241	252
Deferred income taxes, net		16	125
Pension and other postretirement benefits (Note 6)		21	(91)
Share-based compensation expense		16	20
Charges for impairment of assets		13	1
Net gains on dispositions of assets(1)	[1]	(21)	(46)
Foreign exchange transaction losses (Note 13)		21	2
Change in:
Receivables less allowances		(26)	(48)
Receivable for taxes		14	64
Inventories		(15)	(54)
Real estate and land		0	(107)
Prepaid expenses		(2)	0
Accounts payable and accrued liabilities		(25)	(97)
Deposits on land positions and other assets		0	8
Pension and postretirement contributions / benefit payments		(39)	(63)
Other		(16)	(20)
Net cash from operations		443	431
Cash flows from investing activities:
Property and equipment		(170)	(134)
Timberlands reforestation		(27)	(25)
Acquisition of timberlands		(32)	0
Proceeds from sale of assets		6	20
Other		12	0
Cash from investing activities		(211)	(139)
Cash flows from financing activities:
Net proceeds from issuance of Weyerhaeuser Real Estate Company (WRECO) debt (Note 3)		0	887
Deposit of WRECO debt proceeds into escrow (Note 3)		0	(887)
Cash dividends on common shares		(301)	(257)
Cash dividends on preference shares		(11)	(11)
Change in book overdrafts		0	(6)
Exercises of stock options		25	54
Repurchase of common stock (Note 4)		(407)	0
Other		3	1
Cash from financing activities		(691)	(219)
Net change in cash and cash equivalents		(459)	73
Cash and cash equivalents at beginning of period		1,580	835
Cash and cash equivalents at end of period		1,121	908
Cash paid (received) during the period for:
Interest, net of amount capitalized of $3 and $10		172	153
Income taxes		$ 5	$ (45)

[1] Includes gains on timberland exchanges.