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BUSINESS SEGMENTS (Tables)
 3 Months Ended
Mar. 31, 2016
Reconciliation of Revenue from Segments to Consolidated
An analysis and reconciliation of our business segment information to the respective information in the Consolidated Statements of Operations is as follows:
 
QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS
MARCH 2016
 
MARCH 2015
Sales to unaffiliated customers:
 
 
 
Timberlands
$
387

 
$
323

Real Estate & ENR
39

 
34

Wood Products
979

 
923

Cellulose Fibers
430

 
447

 
1,835

 
1,727

Intersegment sales:
 
 
 
Timberlands
222

 
228

Wood Products
22

 
19

 
244

 
247

Total sales
2,079


1,974

Intersegment eliminations
(244
)
 
(247
)
Total
$
1,835

 
$
1,727

Net contribution to earnings:
 
 
 
Timberlands
$
129

 
$
139

Real Estate & ENR(1)
15

 
23

Wood Products
87

 
62

Cellulose Fibers(2)
28

 
33

 
259

 
257

Unallocated items(3)
(61
)
 
(54
)
Net contribution to earnings
198


203

Interest expense, net of capitalized interest
(97
)
 
(83
)
Earnings before income taxes
101

 
120

Income taxes
(20
)
 
(19
)
Net earnings
81

 
101

Dividends on preference shares
(11
)
 
(11
)
Net earnings attributable to Weyerhaeuser common shareholders
$
70

 
$
90



(1)
The Real Estate & ENR segment includes the equity earnings from and investments in and advances to our Real Estate Development Ventures, which are accounted for under the equity method.
(2)
The Cellulose Fibers segment includes the equity earnings from and investments in and advances to our newsprint and publishing papers venture, which is accounted for under the equity method.
(3)
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, equity earnings from our Timberland Venture (as defined and described in Note 6: Equity Method Investments), the elimination of intersegment profit in inventory and the LIFO reserve.

Reconciliation of Assets from Segment to Consolidated
A reconciliation of our business segment total assets to total assets in the Consolidated Balance Sheet is as follows:
DOLLAR AMOUNTS IN MILLIONS
MARCH 31,
2016
 
DECEMBER 31,
2015
Total Assets:
 
 
 
Timberlands and Real Estate & ENR(1)
$
15,447

 
$
7,260

Wood Products
1,838

 
1,541

Cellulose Fibers
1,980

 
1,984

Unallocated items
2,514

 
1,685

Total
$
21,779

 
$
12,470


(1)
Assets attributable to the Real Estate & ENR business segment are combined with total assets for the Timberlands segment because we do not produce separate balance sheets internally.