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SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited) (Table)
12 Months Ended
Dec. 31, 2015
Key Quarterly Financial Data for the Last Two Years
Key Quarterly Financial Data for the Last Two Years
DOLLAR AMOUNTS IN MILLIONS EXCEPT PER-SHARE FIGURES
  
First
Quarter
Second
Quarter
Third
Quarter(1)
Fourth
Quarter
Full Year
2015:
 
 
 
 
 
Net sales
$
1,721

$
1,807

$
1,820

$
1,734

$
7,082

Operating income
$
200

$
243

$
259

$
217

$
919

Earnings from continuing operations before income taxes
$
120

$
157

$
175

$
51

$
503

Net earnings
$
101

$
144

$
191

$
70

$
506

Net earnings attributable to Weyerhaeuser common shareholders
$
90

$
133

$
180

$
59

$
462

Basic net earnings per share attributable to Weyerhaeuser common shareholders
$
0.17

$
0.26

$
0.35

$
0.11

$
0.89

Diluted net earnings per share attributable to Weyerhaeuser common shareholders
$
0.17

$
0.26

$
0.35

$
0.11

$
0.89

Dividends paid per share
$
0.29

$
0.29

$
0.31

$
0.31

$
1.20

Market prices - high/low
$37.04 - $32.74

$33.19 - $31.06

$32.34 - $26.76

$32.72 - $26.73

$37.04 - $26.73

2014:
 
 
 
 
 
Net sales
$
1,736

$
1,964

$
1,915

$
1,788

$
7,403

Operating income
$
308

$
400

$
318

$
294

$
1,320

Earnings from continuing operations before income taxes
$
234

$
328

$
237

$
214

$
1,013

Net earnings
$
194

$
291

$
1,164

$
177

$
1,826

Net earnings attributable to Weyerhaeuser common shareholders
$
183

$
280

$
1,153

$
166

$
1,782

Basic net earnings per share attributable to Weyerhaeuser common shareholders
$
0.31

$
0.48

$
2.17

$
0.32

$
3.20

Diluted net earnings per share attributable to Weyerhaeuser common shareholders
$
0.31

$
0.47

$
2.15

$
0.31

$
3.18

Dividends paid per share
$
0.22

$
0.22

$
0.29

$
0.29

$
1.02

Market prices - high/low
$31.59 - $28.63

$33.26 - $27.48

$34.60 - $31.09

$36.88 - $31.61

$36.88 - $27.48

(1) Third Quarter 2014 includes a $972 million net gain on the Real Estate Divestiture recognized in 2014. See Note 3: Discontinued Operations for more information.