SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)

SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)

Quarterly financial data provides a review of our results and performance throughout the year. Our earnings per share for the full year do not always equal the sum of the four quarterly earnings-per share amounts because of common share activity during the year.

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(1)		FULL YEAR
2017:
Net sales	$	1,693	$	1,808	$	1,872	$	1,823	$	7,196
Operating income from continuing operations	293		157		205		476		1,131
Earnings from continuing operations before income taxes	181		58		103		374		716
Net earnings	157		24		130		271		582
Net earnings attributable to Weyerhaeuser common shareholders	157		24		130		271		582
Basic net earnings per share attributable to Weyerhaeuser common shareholders	0.21		0.03		0.17		0.36		0.77
Diluted net earnings per share attributable to Weyerhaeuser common shareholders	0.21		0.03		0.17		0.36		0.77
Dividends paid per share	0.31		0.31		0.31		0.32		1.25
Market prices - high/low	$34.37 - $29.88		$35.50 - $32.28		$34.46 - $30.95		$36.92 - $33.92		$36.92 - $29.88
2016:
Net sales	$	1,405	$	1,655	$	1,709	$	1,596	$	6,365
Operating income from continuing operations	139		248		261		174		822
Earnings from continuing operations before income taxes	72		161		184		87		504
Net earnings	81		168		227		551		1,027
Net earnings attributable to Weyerhaeuser common shareholders	70		157		227		551		1,005
Basic net earnings per share attributable to Weyerhaeuser common shareholders	0.11		0.21		0.30		0.74		1.40
Diluted net earnings per share attributable to Weyerhaeuser common shareholders	0.11		0.21		0.30		0.73		1.39
Dividends paid per share	0.31		0.31		0.31		0.31		1.24
Market prices - high/low	$31.38 - $22.06		$32.56 - $26.55		$33.17 - $29.52		$33.28 - $28.58		$33.28 - $22.06
(1) Third and fourth quarter 2016 include a gain on our Cellulose Fibers divestitures. Refer to Note 3: Discontinued Operations and Other Divestitures for further information.