CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operations:
Net earnings	$ 748	$ 582	$ 1,027
Noncash charges (credits) to income:
Depreciation, depletion and amortization	486	521	565
Basis of real estate sold	124	81	109
Deferred income taxes, net	72	44	(159)
Pension and other postretirement benefits	309	97	5
Share-based compensation expense (Note 17)	42	40	60
Charges for impairment of assets	1	154	37
Net gains on disposition of discontinued and other operations (Note 4)		(1)	(789)
Net gains on sale of nonstrategic assets	(16)	(16)	(73)
Gain on sale of timberlands	0	(99)	0
Change in, net of acquisition:
Receivables, less allowances	62	(35)	(54)
Receivable and payable for taxes	(103)	(50)	106
Inventories	(14)	(39)	61
Prepaid expenses and other current assets	(18)	(12)	5
Accounts payable and accrued liabilities	(154)	106	11
Pension and postretirement contributions / benefit payments	(381)	(78)	(99)
Other	(46)	(94)	(77)
Net cash from operations	1,112	1,201	735
Cash flows from investing activities:
Capital expenditures for property and equipment	(368)	(358)	(451)
Capital expenditures for timberlands reforestation	(59)	(61)	(59)
Proceeds from disposition of discontinued and other operations	0	403	2,486
Proceeds from sale of nonstrategic assets	4	26	104
Proceeds from sale of southern timberlands (Note 9)	0	203	0
Proceeds from redemption of ownership in related party (Note 9)	0	108	0
Proceeds from contribution of timberlands to related party (Note 9)	0	0	440
Other	(17)	46	39
Net cash from investing activities	(440)	367	2,559
Cash flows from financing activities:
Cash dividends on common shares	(995)	(941)	(932)
Cash dividends on preference shares	0	0	(22)
Proceeds from issuance of long-term debt (Note 13)	0	225	1,698
Payments on long-term debt (Note 13)	(62)	(831)	(2,423)
Proceeds from borrowings on line of credit (Note 12)	425	100	0
Payments on line of credit (Note 12)	0	(100)	0
Repayments of Related Party Debt	(209)	0	0
Proceeds from exercise of stock options	52	128	61
Repurchase of common shares (Note 16)	(366)	0	(2,003)
Other	(7)	(1)	(9)
Net cash from financing activities	(1,162)	(1,420)	(3,630)
Net change in cash and cash equivalents	(490)	148	(336)
Cash and cash equivalents from continuing operations at beginning of year	824	676	1,011
Cash and cash equivalents from continuing operations at end of year	334	824	676
Cash and cash equivalents from discontinued operations at beginning of year	0	0	1
Cash and cash equivalents from discontinued operations at end of year	0	0	0
Cash and cash equivalents at beginning of period	824	676	1,012
Cash and cash equivalents at end of year	334	824	676
Cash paid (received) during the year for:
Interest, net of amounts capitalized of $9 in 2018, $9 in 2017, and $8 in 2016	358	381	446
Income taxes	$ 95	$ 169	$ 485