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BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2015
BUSINESS SEGMENTS
BUSINESS SEGMENTS
Our business segments and how we account for those segments are discussed in Note 1: Summary of Significant Accounting Policies. This note provides key financial data by business segment.
DISCONTINUED OPERATIONS
In 2014 we disposed of Weyerhaeuser Real Estate Company (WRECO) that is excluded from the segment results below. See Note 3: Discontinued Operations for information regarding our discontinued operations and the segments affected.
KEY FINANCIAL DATA BY BUSINESS SEGMENT
Sales and Contribution (Charge) to Earnings
DOLLAR AMOUNTS IN MILLIONS
  
TIMBERLANDS

WOOD
PRODUCTS

CELLULOSE
FIBERS

UNALLOCATED ITEMS(1) AND INTERSEGMENT ELIMINATIONS

CONSOLIDATED

Sales to unaffiliated customers
2015
$
1,350

$
3,872

$
1,860

$
—

$
7,082

2014
$
1,497

$
3,970

$
1,936

$
—

$
7,403

2013
$
1,343

$
4,009

$
1,902

$
—

$
7,254

Intersegment sales
2015
$
830

$
82

$
—

$
(912
)
$
—

2014
$
867

$
80

$
—

$
(947
)
$
—

2013
$
799

$
71

$
—

$
(870
)
$
—

Contribution (charge) to earnings from continuing operations
2015
$
549

$
258

$
119

$
(76
)
$
850

2014
$
613

$
327

$
291

$
126

$
1,357

2013
$
470

$
441

$
200

$
(422
)
$
689

(1) Unallocated Items are gains or charges not related to or allocated to an individual operating segment. They include a portion of items such as: share-based compensation, pension and postretirement costs, foreign exchange transaction gains and losses associated with financing, and the elimination of intersegment profit in inventory and the LIFO reserve.

Management evaluates segment performance based on the contributions to earnings of the respective segments. An analysis and reconciliation of our business segment information to the consolidated financial statements follows:
Reconciliation of Contribution to Earnings to Net Earnings Attributable to Weyerhaeuser
DOLLAR AMOUNTS IN MILLIONS
  
2015

2014

2013

Net contribution to earnings from continuing operations
$
850

$
1,357

$
689

Net contribution to earnings from discontinued operations
—

1,017

116

Total contribution to earnings
850

2,374

805

Interest expense, net of capitalized interest (continuing and discontinued operations)
(347
)
(347
)
(371
)
Income before income taxes (continuing and discontinued operations)
503

2,027

434

Income taxes (continuing and discontinued operations)
3

(201
)
129

Net earnings attributable to Weyerhaeuser
$
506

$
1,826

$
563


 
Additional Financial Information
DOLLAR AMOUNTS IN MILLIONS
  
TIMBERLANDS

WOOD
PRODUCTS

CELLULOSE
FIBERS

UNALLOCATED
ITEMS

CONSOLIDATED

Depreciation, depletion and amortization
2015
$
209

$
106

$
154

$
10

$
479

2014
$
207

$
119

$
155

$
12

$
493

2013
$
166

$
123

$
156

$
13

$
458

Net pension and postretirement cost (credit)(1)
2015
$
9

$
27

$
17

$
(11
)
$
42

2014
$
10

$
24

$
11

$
(45
)
$
—

2013
$
10

$
28

$
18

$
40

$
96

Charges for restructuring, closures and impairments(2)
2015
$
—

$
10

$
—

$
15

$
25

2014
$
1

$
2

$
—

$
41

$
44

2013
$
2

$
13

$
—

$
362

$
377

Earnings (loss) from equity affiliates
2015
$
—

$
—

$
(105
)
$
—

$
(105
)
2014
$
—

$
—

$
(1
)
$
—

$
(1
)
2013
$
—

$
—

$
3

$
(2
)
$
1

Capital expenditures
2015
$
75

$
287

$
118

$
3

$
483

2014
$
74

$
190

$
123

$
4

$
391

2013
$
73

$
113

$
92

$
5

$
283

Investments in and advances to equity affiliates and unconsolidated entities
2015
$
—

$
—

$
74

$
—

$
74

2014
$
—

$
—

$
188

$
—

$
188

2013
$
—

$
—

$
190

$
—

$
190

Total assets(3)
2015
$
7,260

$
1,541

$
1,984

$
1,701

$
12,486

2014
$
7,327

$
1,430

$
2,214

$
2,294

$
13,265

2013
$
7,578

$
1,326

$
2,299

$
3,169

$
14,372

(1) Net pension and postretirement cost (credit) excludes special items, as well as the recognition of curtailments, settlements and special termination benefits due to closures, restructuring or divestitures. See Note 9: Pension and Other Postretirement Benefit Plans for more information.
(2)   See Note 18: Charges for Restructuring, Closures and Asset Impairments for more information
(3) Unallocated Items total assets includes assets of discontinued operations in 2013.

STRATEGIC EVALUATION OF CELLULOSE FIBERS
On November 8, 2015 Weyerhaeuser announced that the board of directors authorized the exploration of strategic alternatives for its Cellulose Fibers business segment. At this time there can be no assurance that the board's evaluation process will result in any transaction or that any transaction, if pursued, will be consummated.