CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operations:
Net earnings	$ 586	$ 181
Noncash charges to earnings:
Depreciation, depletion and amortization	239	262
Basis of real estate sold	34	24
Deferred income taxes, net	25	6
Pension and other postretirement benefits (Note 8)	55	47
Share-based compensation expense	18	19
Charges for impairment of assets	1	147
Change in:
Receivables, less allowances	(101)	(78)
Receivables and payables for taxes	15	(53)
Inventories	(36)	(7)
Prepaid expenses	(1)	(13)
Accounts payable and accrued liabilities	(70)	55
Pension and postretirement benefit contributions and payments	(32)	(37)
Other	0	(29)
Net cash from operations	733	524
Cash flows from investing activities:
Capital expenditures for property and equipment	(144)	(126)
Capital expenditures for timberlands reforestation	(34)	(36)
Proceeds from sale of nonstrategic assets	2	12
Other	27	44
Net cash used in investing activities	(149)	(106)
Cash flows from financing activities:
Cash dividends on common shares	(485)	(466)
Payments of long-term debt (Note 10)	(62)	0
Proceeds from exercise of stock options	48	81
Other	(8)	(8)
Net cash used in financing activities	(507)	(393)
Net change in cash and cash equivalents	77	25
Cash and cash equivalents at beginning of period	824	676
Cash and cash equivalents at end of period	901	701
Cash paid during the period for:
Interest, net of amount capitalized of $6 and $5	172	192
Income taxes	$ 58	$ 106