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MERGER WITH PLUM CREEK (Tables)
 9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Schedule of Consideration Transferred [Table Text Block]
The following table summarizes the equity consideration transferred in the merger:
DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES
 
 
Number of Plum Creek common shares outstanding(1)
174,307,267

 
Exchange ratio per the merger agreement
1.60

 
Weyerhaeuser shares issued in exchange for Plum Creek equity(2)
278,901,479

 
Price per Weyerhaeuser common share(3)
$
22.87

 
Aggregate value of Weyerhaeuser common stock issued
 
$
6,378

Fair value of stock options(4)
 
5

Estimated consideration transferred
 
$
6,383

(1)
The number of shares of Plum Creek common stock issued and outstanding as of February 19, 2016.
(2)
Total shares issued net of partial shares settled in cash.
(3)
The closing price of Weyerhaeuser common stock on the NYSE on February 19, 2016.
(4)
The estimated fair value of Plum Creek stock options for pre-merger services rendered.
Business Acquisition, Pro Forma Information [Table Text Block]
Summarized unaudited pro forma information that presents combined amounts as if this merger occurred at the beginning of 2015 is as follows:
 
QUARTER ENDED
 
YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES
SEPTEMBER 2016
 
SEPTEMBER 2015
 
SEPTEMBER 2016
 
SEPTEMBER 2015
Net sales
$
1,709

 
$
1,763

 
$
4,925

 
$
5,081

Net earnings from continuing operations attributable to Weyerhaeuser common shareholders
$
172

 
$
198

 
$
438

 
$
382

Earnings from continuing operations per share attributable to Weyerhaeuser common shareholders, basic and diluted
$
0.23

 
$
0.25

 
$
0.58

 
$
0.48
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Initial and updated preliminary estimated fair values of identifiable assets acquired and liabilities assumed as of the merger date are as follows:
DOLLAR AMOUNTS IN MILLIONS
FEBRUARY 19,
2016
 
MEASUREMENT PERIOD ADJUSTMENTS
 
SEPTEMBER 30,
2016
Current assets
$
128

 
$
1

 
$
129

Timber and timberlands
8,124

 
23

 
8,147

Minerals and mineral rights
312

 
4

 
316

Property and equipment
272

 
5

 
277

Equity investment in Timberland Venture
876

 
(29
)
 
847

Equity investment in Real Estate Development Ventures
88

 
(4
)
 
84

Other assets
163

 
(4
)
 
159

Total assets acquired
9,963

 
(4
)
 
9,959

 
 
 
 
 
 
Current liabilities
610

 
—

 
610

Long-term debt
2,056

 
—

 
2,056

Note Payable to Timberland Venture
837

 
1

 
838

Other liabilities
77

 
(5
)
 
72

Total liabilities assumed
3,580

 
(4
)
 
3,576

 
 
 
 
 
 
Net assets acquired
$
6,383

 
$
—

 
$
6,383