8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

February 8, 2008

(Date of earliest event report)

WEYERHAEUSER COMPANY

(Exact name of registrant as specified in charter)

Washington	1-4825	91-0470860
(State or other	(Commission	(IRS Employer
jurisdiction of	File Number)	Identification
incorporation or		Number)
organization)

Federal Way, Washington 98063-9777

(Address of principal executive offices)
(zip code)

Registrant’s telephone number, including area code:
(253) 924-2345

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

     Item 2.02. Results of Operations and Financial Condition

     Item 9.01. Financial Statements and Exhibits

     SIGNATURES

     EXHIBIT 99.1

     EXHIBIT 99.2

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C., 20549

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On February 8, 2008, Weyerhaeuser Company issued a press release announcing its financial results for the fiscal quarter ended December 30, 2007. Copies of the press release and the exhibits thereto are furnished as Exhibits 99.1 and 99.2 to this report.

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

     (d)   The following items are filed as exhibits to this report:

     99.1 Press release, dated February 8, 2008 issued by Weyerhaeuser Company

     99.2 Exhibits to Press release, dated February 8, 2008 issued by Weyerhaeuser Company

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	WEYERHAEUSER COMPANY
By	/s/ Jeanne Hillman
Its:	Vice President and
	Chief Accounting Officer

Date: February 8, 2008

EX-99.1

Exhibit 99.1

For more information contact:	Media — Bruce Amundson (253) 924-3047
	Analysts — Kathryn McAuley (253) 924-2058

Weyerhaeuser Net Earnings Increase to $790 Million for 2007

• Includes Gain on Fine Paper Divestiture

• Housing Market Remains Challenged

FEDERAL WAY, Wash. (Feb. 8, 2008) — Weyerhaeuser Company (NYSE: WY) today reported net earnings of $790 million for 2007, or $3.59 per diluted share, on net sales of $16.3 billion. This compares with net earnings of $453 million for 2006, or $1.84 per diluted share, on net sales of $18.7 billion.

For the fourth quarter 2007, Weyerhaeuser reported a net loss of 63 million, or 30 cents per diluted share, on net sales of $3.9 billion. Last year, Weyerhaeuser reported fourth quarter net earnings of $507 million, or $2.12 per diluted share, on net sales of $4.8 billion.

SIGNIFICANT FOURTH QUARTER 2007 AFTER-TAX ITEMS

	After-Tax Gain			Gain (Charge) per
	(Charge)			diluted share
	($millions)			(cents)
Real Estate impairments		($85	)		(40	)
Wood Products closures, restructuring and asset impairments		($73	)		(35	)
True-up deferred taxes on Domtar transaction		($22	)		(10	)
Sales of operating facilities and New Zealand joint venture		$27			13
Canadian federal tax rate and Mexican tax law changes		$13			6
Corporate restructuring, Packaging closure and Timberlands wind storm casualty loss charges		($13	)		(6	)

Excluding these items, the company earned $90 million, or 42 cents per diluted share, in the fourth quarter 2007.

SIGNIFICANT FOURTH QUARTER 2006 AFTER-TAX ITEMS

	After-Tax Gain			Gain (Charge) per
	(Charge)			diluted share
	($millions)			(cents)
Canadian softwood lumber duty refund		$227			95
Alder antitrust litigation reserve reversal		$58			24
Sale of composite panels assets in Ireland		$43			18
Asset impairments and closure costs, primarily in Wood Products		($36	)		(15	)
Real Estate impairments		($13	)		(5	)

Excluding these items, the company earned $228 million, or 95 cents per diluted share, in the fourth quarter of 2006.

“Two-thousand seven was a challenging year for our industry and another busy one for Weyerhaeuser,” said Steven R. Rogel, chairman and chief executive officer. “We continued implementing international repositioning and growth strategies in timberlands, improved our Containerboard Packaging business operating performance and focused our Cellulose Fibers business on specialty grades of pulp. In addition, we completed our Fine Paper transaction with Domtar, which created meaningful value for our shareholders.

“But the continuing erosion of the U.S. housing market created very unfavorable market conditions for our Timberlands, Wood Products and Real Estate businesses,” Rogel said. “Despite difficult market conditions, which we expect to continue through 2008, Weyerhaeuser remains focused on managing through the downturn and positioning the company to take full advantage of stronger markets once conditions improve.”

SUMMARY OF FOURTH QUARTER FINANCIAL HIGHLIGHTS

Millions (except per share data)	4Q 2007			4Q 2006		Change
	(13 weeks)			(14 weeks)
Net earnings (loss)		($63	)		$507		($570	)
Earnings (loss) per diluted share		($0.30	)		$2.12		($2.42	)
Net sales		$3,937			$4,799		($862	)

SUMMARY OF ANNUAL FINANCIAL HIGHLIGHTS

Millions (except per share data)	2007		2006		Change
	(52 weeks)		(53 weeks)
Net earnings		$790		453		$337
Earnings per diluted share		$3.59		$1.84		$1.75
Net sales		$16,308		$18,671		($2,363	)

2006 sales have been recast to exclude the fine paper business and related assets of the March 2007 Domtar transaction. These results are reported as discontinued operations.

SEGMENT RESULTS FOR FOURTH QUARTER
(Contributions to Pre-Tax Earnings)

Millions	4Q 2007			4Q 2006		Change
	(13 weeks)			(14 weeks)
Timberlands		$152			$167		($15	)
Wood Products		($313	)		$205		($518	)
Cellulose Fibers		$80			$58		$22
Fine Paper		$0			$61		($61	)
Containerboard, Packaging and Recycling		$99			$71		$28
Real Estate		$22			$293		($271	)

TIMBERLANDS

	4Q 2007		3Q 2007		Change
Contribution to pre-tax earnings (millions)	$	152	$	165		($13)

4Q 2007 Performance — Excluding the fourth quarter items noted below, fourth quarter contribution to earnings decreased $30 million from the third quarter.

Fourth quarter included the following pre-tax items: a gain of $27 million on the sale of a Washington log export facility; and a charge of $10 million for casualty losses resulting from a severe December wind storm on the West Coast.

In the West, log prices declined significantly in both export and domestic markets and volumes were modestly lower compared with third quarter. Prices were slightly lower in the South. Logging costs increased due to lower fee harvest and higher fuel costs. Fewer fourth quarter sales of non-strategic timberlands also contributed to lower earnings.

1Q 2008 Outlook — Weyerhaeuser expects Timberlands earnings to be lower in the first quarter of 2008 compared with fourth quarter of 2007. The continued weakness in the housing market, particularly in California, and the effect of the December storm are expected to negatively affect Western operations. The company also anticipates fewer sales of non-strategic timberlands in the first quarter.

WOOD PRODUCTS

	4Q 2007			3Q 2007			Change
Contribution to pre-tax earnings (millions)		($313	)		($131	)		($182	)

4Q 2007 Performance — Excluding the pre-tax items noted below, the segment’s net loss from operations increased $109 million from the third quarter.

Fourth quarter 2007 includes charges of $98 million for facility closures, asset impairments and restructuring costs.

Third quarter 2007 includes charges of $25 million for facility closures, asset impairments and restructuring costs.

U.S. single-family housing starts declined 16% in the fourth quarter and continued to negatively affect segment results. Average prices and sales volumes for building products declined.

1Q 2008 Outlook — Weyerhaeuser expects no improvement in market conditions in first quarter 2008, and expects to incur significant losses in the Wood Products segment. The company will continue to balance production to demand, which may result in further production curtailments and mill closures.

CELLULOSE FIBERS

	4Q 2007		3Q 2007		Change
Contribution to pre-tax earnings (millions)	$	80	$	79	$	1

4Q 2007 Performance — Average pulp price realizations increased as a result of continued high demand and the weakening U.S. dollar. Shipment volumes were up slightly and costs for annual maintenance outages declined. These benefits were primarily offset by higher chemical and energy costs.

1Q 2008 Outlook — Weyerhaeuser expects slightly lower earnings for the segment in the first quarter of 2008. The company anticipates market conditions for this segment will remain favorable and prices for both pulp and liquid packaging are expected to increase. However, these benefits are expected to be more than offset by higher costs and lower production associated with annual maintenance outages. In addition, the company expects higher chemical, fiber and energy costs.

CONTAINERBOARD, PACKAGING AND RECYCLING

	4Q 2007		3Q 2007		Change
Contribution to pre-tax earnings (millions)	$	99	$	104		($5	)

4Q 2007 Performance — During the fourth quarter, average packaging and containerboard price realizations increased. Packaging shipments declined seasonally and containerboard production volumes decreased as the company matched its supply with customer demand. Energy costs increased due to seasonally higher consumption and higher prices for natural gas. Wood chip costs continued to increase.

1Q 2008 Outlook — Weyerhaeuser expects first quarter earnings for the segment to be lower than fourth quarter. Packaging shipments are expected to decline as a result of exiting low-margin business and from seasonally lower demand. Packaging and containerboard price realizations are expected to improve. The company expects higher fiber and energy costs in the first quarter.

REAL ESTATE

	4Q 2007		3Q 2007		Change
Contribution to pre-tax earnings (millions)	$	22	$	60		($38	)

4Q 2007 Performance — Excluding the pre-tax items noted below, the segment’s earnings increased $60 million from third quarter.

Fourth quarter 2007 includes charges of $121 million for the impairment of assets and investments.

Third quarter 2007 includes asset impairment charges of $23 million.

Gains from land sales increased $49 million. The segment’s homebuilding operations had seasonally higher closings of 1,244 units, a 9 percent increase over third quarter. Net sales (orders) for the period were 595 units, a decrease of 19 percent from third quarter. The backlog of homes sold, but not closed, was 1,224 units, a decrease of 35 percent compared to third quarter.

1Q 2008 Outlook — Weyerhaeuser expects a loss from this segment due to difficult market conditions for selling new homes, a seasonal reduction in single-family closings, and lower single-family margins. The backlog of homes sold, but not closed, represents approximately three months of single-family sales. Weyerhaeuser does not anticipate any significant land or lot sales in first quarter 2008.

ABOUT WEYERHAEUSER

Weyerhaeuser Company, one of the world’s largest forest products companies, was incorporated in 1900. In 2007, sales were $16.3 billion. It has offices or operations in 13 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser’s businesses, products and practices is available at http://www.weyerhaeuser.com.

###

EARNINGS CALL INFORMATION

The company will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) on Feb. 8 to discuss fourth quarter results.

To access the conference call from within North America, dial 1-800-218-0530 at least 15 minutes prior to the call. Those calling from outside North America should dial 1-303-275-2170. Replays will be available for one week at 1-800-405-2236 (access code — 11105215#) from within North America and at 1-303-590-3000 (access code — 11105215#) from outside North America.

The call is being webcast through Weyerhaeuser’s Internet site at http://investor.weyerhaeuser.com by clicking on the “Q4 2007 Earnings Conference Call” link.

The webcast is available through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com, Thomson’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson’s password-protected site, StreetEvents (http://www.streetevents.com).

FORWARD LOOKING STATEMENT

This news release contains statements concerning the company’s future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of these forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “may,” “will,” “believes,” “should,” “approximately,” anticipates,” “estimates,” and “plans,” and the negative or other variations of those terms or comparable terminology or by discussions of strategy, plans or intentions. In particular, some of these forward-looking statements deal with expectations for first quarter 2008 regarding the company’s markets, earnings and performance of the company’s business segments, price realizations, demand, sales volumes and pricing for the company’s products, continued difficult housing markets, lower timber fee harvest volumes and higher costs in the West, losses from operations in Wood Products as a result of the continued poor market conditions, increases in

manufacturing costs in Cellulose Fiber due to annual maintenance outages in certain facilities, decline of packaging shipments, reduced land sales, product mix, increases in prices for OCC and fiber, higher chemical and energy costs, operating postures and related matters. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected, including, but not limited to:

• The effect of general economic conditions, including the level of interest rates and housing starts;

• Market demand for the company’s products, which may be tied to the relative strength of various U.S. business segments;

• Energy prices;

• Raw material prices;

• Chemical prices;

• Performance of the company’s manufacturing operations including unexpected maintenance requirements;

• The successful execution of internal performance plans and cost reduction initiatives;

• The level of competition from domestic and foreign producers;

• The effect of forestry, land use, environmental and other governmental regulations, and changes in accounting regulations;

• The effect of weather;

• The risk of loss from fires, floods, windstorms, hurricanes, pest infestation and other natural disasters;

• Transportation costs;

• Legal proceedings;

• The effect of timing of retirements and changes in the market price of company stock on charges for stock-based compensation; and

• Performance of pension fund investments and related derivatives.

The company is also a large exporter and is affected by changes in economic activity in Europe and Asia, particularly Japan, and by changes in currency exchange rates, particularly the relative value of the U.S. dollar to the Euro and the Canadian dollar, and restrictions on international trade or tariffs imposed on imports. These and other factors could cause or contribute to actual results differing materially from such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will occur, or if any of them occurs, what effect they will have on the company’s results of operations or financial condition. The company expressly declines any obligation to publicly revise any forward-looking statements that have been made to reflect the occurrence of events after the date of this news release.

EX-99.2

Exhibit 99.2

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
CONSOLIDATED EARNINGS

          (in millions)

	REVISED(1)
	Q1						Q2						Q3						Q4						Year-to-date
	April 1,			March 26,			July 1,			June 25,			Sept. 30,			Sept. 24,			Dec. 30,			Dec. 31,			Dec. 30,			Dec. 31,
	2007			2006			2007			2006			2007			2006			2007			2006			2007			2006
Net sales and revenues:
Weyerhaeuser	$	3,404		$	3,761		$	3,775		$	4,121		$	3,548		$	3,805		$	3,222		$	3,649		$	13,949		$	15,336
Real Estate and Related Assets		487			690			559			746			598			749			715			1,150			2,359			3,335
Total net sales and revenues		3,891			4,451			4,334			4,867			4,146			4,554			3,937			4,799			16,308			18,671
Costs and expenses:
Weyerhaeuser:
Costs of products sold (2)		2,785			2,947			3,085			3,190			2,845			3,038			2,660			3,007			11,375			12,182
Depreciation, depletion and amortization		232			233			223			231			230			231			215			252			900			947
Selling expenses		109			100			109			117			102			111			102			123			422			451
General and administrative expenses		200			235			199			205			184			214			188			241			771			895
Research and development expenses (3)		16			16			18			15			18			23			19			15			71			69
Charges (reversals) for restructuring (4)		3			(1	)		2			18			16			4			16			—			37			21
Charges for closure of facilities (5)		5			2			19			5			19			15			81			50			124			72
Impairment of goodwill (6)		22			—			—			—			1			—			7			—			30			—
Refund of countervailing and anti-dumping duties		—			—			—			—			—			—			—			(344	)		—			(344	)
Other operating costs (income), net (7) (8)		21			31			5			(26	)		1			(36	)		(34	)		(105	)		(7	)		(136	)
		3,393			3,563			3,660			3,755			3,416			3,600			3,254			3,239			13,723			14,157
Real Estate and Related Assets:
Costs and operating expenses (9)		379			482			415			553			451			539			507			764			1,752			2,338
Depreciation and amortization		6			3			5			4			6			10			6			8			23			25
Selling expenses		41			37			45			43			45			44			48			56			179			180
General and administrative expenses		28			30			27			35			26			30			18			29			99			124
Other operating costs (income), net		(4	)		(3	)		4			3			(4	)		(2	)		2			(1	)		(2	)		(3	)
Impairment of long-lived assets		—			—			12			3			23			14			93			19			128			36
		450			549			508			641			547			635			674			875			2,179			2,700
Total costs and expenses		3,843			4,112			4,168			4,396			3,963			4,235			3,928			4,114			15,869			15,902
Operating income		48			339			166			471			183			319			9			685			406			1,814
Interest expense and other:
Weyerhaeuser:
Interest expense incurred (10)		(131	)		(128	)		(179	)		(129	)		(131	)		(126	)		(133	)		(136	)		(574	)		(519	)
Less: interest capitalized		30			16			29			20			29			21			30			27			118			84
Interest income and other		20			19			25			15			20			17			18			19			83			70
Equity in income (loss) of affiliates (11)		(1	)		3			1			6			5			—			(3	)		(2	)		2			7
Real Estate and Related Assets:
Interest expense incurred		(12	)		(14	)		(16	)		(14	)		(16	)		(12	)		(13	)		(15	)		(57	)		(55	)
Less: interest capitalized		12			14			16			14			16			12			13			15			57			55
Interest income and other (12)		3			10			1			3			1			7			(6	)		10			(1	)		30
Equity in income of unconsolidated entities (13)		18			21			12			15			8			14			(13	)		8			25			58
Earnings (loss) from continuing operations before income taxes		(13	)		280			55			401			115			252			(98	)		611			59			1,544
Income taxes (2) (14)		(3	)		(100	)		(18	)		(92	)		(41	)		(86	)		54			(202	)		(8	)		(480	)
Earnings (loss) from continuing operations		(16	)		180			37			309			74			166			(44	)		409			51			1,064
Earnings (loss) from discontinued operations, net of taxes (15)		736			(756	)		(5	)		(11	)		27			58			(19	)		98			739			(611	)
Net earnings (loss) (2)	$	720		$	(576	)	$	32		$	298		$	101		$	224		$	(63	)	$	507		$	790		$	453
Basic net earnings (loss) per share:
Continuing operations	$	(0.07	)	$	0.73		$	0.17		$	1.24		$	0.34		$	0.67		$	(0.21	)	$	1.72		$	0.23		$	4.35
Discontinued operations		3.16			(3.07	)		(0.02	)		(0.04	)		0.13			0.24			(0.09	)		0.40			3.37			(2.50	)
Net earnings (loss) per share	$	3.09		$	(2.34	)	$	0.15		$	1.20		$	0.47		$	0.91		$	(0.30	)	$	2.12		$	3.60		$	1.85
Diluted net earnings (loss) per share:
Continuing operations	$	(0.07	)	$	0.73		$	0.17			1.23		$	0.34		$	0.67		$	(0.21	)	$	1.72		$	0.23		$	4.33
Discontinued operations		3.16			(3.06	)		(0.02	)		(0.04	)		0.13			0.24		$	(0.09	)		0.40		$	3.36			(2.49	)
Net earnings (loss) per share	$	3.09		$	(2.33	)	$	0.15		$	1.19		$	0.47		$	0.91		$	(0.30	)	$	2.12		$	3.59		$	1.84
Dividends paid per share	$	0.60		$	0.50		$	0.60		$	0.50		$	0.60		$	0.60		$	0.60		$	0.60		$	2.40		$	2.20
Weighted average shares outstanding (in thousands):
Basic		233,242			245,794			217,688			248,147			215,154			247,428			211,135			238,824			219,305			244,931
Diluted		233,242			246,970			218,743			249,194			215,828			247,900			211,135			239,525			220,277			245,780
Common and exchangeable shares outstanding at end of period (in thousands)		217,726			247,555			217,759			248,269			211,106			242,929			211,147			238,008			211,147			238,008

PRELIMINARY RESULTS - SUBJECT TO AUDIT

1

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
FOOTNOTES TO CONSOLIDATED EARNINGS
          (in millions)

(1)	The first quarter of 2007 results have been revised to reflect an adjustment to reduce the net gain on the Domtar Transaction by $35 million after-tax. This adjustment is included in discontinued operations.
(2)	The following adjustments were made to 2006 quarterly results to apply a new accounting pronouncement to expense planned major maintenance costs as incurred:

													Year-to-date
	Q1 2006			Q2 2006			Q3 2006			Q4 2006			2006
Cellulose Fibers	$	(5	)	$	(10	)	$	13		$	2		$	—
Fine Paper		7			(10	)		6			(3	)		—
Containerboard, Packaging, and Recycling		4			(5	)		1			—			—
		6			(25	)		20			(1	)		—
Income taxes		(2	)		9			(7	)		—			—
Net earnings (loss)	$	4		$	(16	)	$	13		$	(1	)	$	—

(3)	The third quarter of 2006 includes a $9 million charge related to the acquisition of OrganicID, a research and development company.
(4)	The third quarter of 2007 includes a charge of $7 million related to the restructuring of administrative functions. The fourth quarter of 2007 includes a charge of $14 million related to the restructuring of wood products operations. The second quarter of 2006 includes an $18 million charge related to the restructuring of the Containerboard, Packaging, and Recycling business model.
(5)	See detail of closure charges by segment on page 4.
(6)	The first quarter of 2007 includes a charge of $22 million for the impairment of goodwill associated with Canadian wood products distribution facilities and the fourth quarter of 2007 includes a charge of $7 million associated with U.S. wood products distribution facilities.

																		Year-to-date
	Q1 2007		Q1 2006			Q2 2007		Q2 2006		Q3 2007		Q3 2006		Q4 2007		Q4 2006		2007		2006
(7) Includes net foreign exchange gains (losses), primarily from fluctuations in Canadian and New Zealand exchange rates:	$	7	$	(26	)	$	29	$	21	$	2	$	17	$	7	$	15	$	45	$	27

(8)	(a)	The first, second and fourth quarters of 2007 include $34 million, $12 million, and $6 million, respectively, in asset impairments related to wood products facilities.
	(b)	The second quarter also includes a $29 million gain on the sale of a previously closed box plant site, a $40 million charge for legal settlements and a contract termination, and $6 million in additional charges related to the sale of Canadian Wood Products distribution facilities.
	(c)	The third quarter of 2007 includes gains of $9 million on the sale of previously closed facility sites, a $4 million charge for a legal settlement, and charges of $13 million to transition to a new IT service provider.
	(d)	The fourth quarter of 2007 includes a charge of $10 million for storm-related casualty losses, a gain of $27 million on the sale of an export facility, and gains of $12 million on sales of operations including our New Zealand joint venture.
	(e)	The third quarter of 2006 includes $23 million of income related to a reduction of the reserve for hardboard siding claims and charges of $7 million for the impairment of fixed assets related to production curtailments.
	(f)	The fourth quarter of 2006 includes $95 million of income related to a reversal of the reserve for alder litigation claims.
(9)	(a)	The fourth quarter of 2007 includes income of $11 million for a warranty reserve adjustment.
	(b)	The first quarter of 2006 includes income of $8 million related to a warranty insurance recovery.

(10)	The second quarter of 2007 includes a $42 million charge related to the early extinguishment of debt.
(11)	The third quarter of 2006 includes a $2 million charge related to the impairment of investments in equity affiliates.
(12)	The fourth quarter of 2007 includes loan impairments of $9 million.
(13)	The first, second and fourth quarters of 2007 include loan and equity impairments of $2, $1 and $19 million, respectively, or $22 million year-to-date.

(14)	(a)	The fourth quarter of 2007 includes a one-time tax benefit of $22 million related to a reduction in the Canadian federal income tax rate and a one-time charge of $9 million related to a change in Mexican federal income tax laws.
	(b)	The second quarter of 2006 includes a one-time tax benefit of $48 million related to a change in Texas state income tax law, a reduction in the Canadian federal income tax rate and a deferred tax adjustment related to the Medicare Part D subsidy.

(15) Discontinued operations includes the net operating results of the operations of the fine paper business and related assets and the North American and European composite panels operations.

(a)	The first quarter of 2007 includes a pre-tax gain of $629 million and related tax benefit of $92 million, the second quarter of 2007 includes pre-tax charges of $4 million, and the fourth quarter of 2007 includes a pre-tax charge of $19 million and related tax expense of $3 million related to the distribution of the fine paper business and related assets to Weyerhaeuser shareholders.
(b)	The third quarter of 2007 includes pre-tax income of $43 million from the settlement of litigation associated with an Ontario fine paper mill.
(c)	The first and second quarters of 2006 include charges of $746 million and $3 million, respectively, for the impairment of goodwill associated with the fine paper business.
(d)	The third quarter of 2006 includes a pre-tax gain of $51 million and related tax expense of $18 million associated with the sale of the North American composite panels operations and an $8 million charge to write off additional goodwill associated with the coastal British Columbia operations.
(e)	The fourth quarter of 2006 includes a pre-tax gain of $45 million and related tax expense of $4 million associated with the sale of the Irish composite panels operations.

PRELIMINARY RESULTS - SUBJECT TO AUDIT

2

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
NET SALES AND REVENUES: ^{(1) (2)}
          (in millions)

	Q1						Q2					Q3					Q4					Year-to-date
	April 1,			March 26,			July 1,		June 25,			Sept. 30,		Sept. 24,			Dec. 30,		Dec. 31,			Dec. 30,			Dec. 31,
	2007			2006			2007		2006			2007		2006			2007		2006			2007			2006
Timberlands:
Logs	$	170		$	201		$	172	$	198		$	168	$	200		$	149	$	182		$	659		$	781
Other products		63			62			39		71			81		46			68		56			251			235
		233			263			211		269			249		246			217		238			910			1,016
Wood Products:
Softwood lumber		574			782			647		857			580		733			440		625			2,241			2,997
Plywood		100			135			106		147			89		134			71		113			366			529
Veneer		9			13			14		13			13		9			8		7			44			42
Composite panels		24			121			24		140			20		71			14		25			82			357
Oriented strand board		152			287			153		273			151		203			133		176			589			939
Hardwood lumber		90			99			99		105			89		96			77		98			355			398
Engineered I-Joists		117			169			147		202			124		162			79		137			467			670
Engineered solid section		155			204			185		231			155		190			113		169			608			794
Logs		6			7			4		5			3		5			4		6			17			23
Other products		243			256			283		327			225		302			179		268			930			1,153
		1,470			2,073			1,662		2,300			1,449		1,905			1,118		1,624			5,699			7,902
Cellulose Fibers:
Pulp		405			394			370		402			345		404			358		457			1,478			1,657
Liquid packaging board		56			46			72		62			61		59			58		62			247			229
Other products		21			13			28		16			30		19			28		22			107			70
		482			453			470		480			436		482			444		541			1,832			1,956
Fine Paper: (2)
Paper		432			613			—		601			—		604			—		652			432			2,470
Coated groundwood		26			40			—		44			—		42			—		45			26			171
Other products		1			1			—		1			—		2			—		—			1			4
		459			654			—		646			—		648			—		697			459			2,645
Containerboard, Packaging and Recycling:
Containerboard		119			82			109		84			99		92			130		119			457			377
Packaging		951			911			1,043		1,002			1,015		997			1,010		1,021			4,019			3,931
Recycling		94			80			103		85			106		89			110		91			413			345
Bags		23			20			23		20			23		23			27		25			96			88
Other products		39			34			49		46			50		44			45		47			183			171
		1,226			1,127			1,327		1,237			1,293		1,245			1,322		1,303			5,168			4,912
Real Estate and Related Assets		487			690			559		746			598		749			715		1,150			2,359			3,335
Corporate and Other		97			116			105		117			121		123			121		128			444			484
Less: sales of discontinued operations		(563	)		(925	)		—		(928	)		—		(844	)		—		(882	)		(563	)		(3,579	)
	$	3,891		$	4,451		$	4,334	$	4,867		$	4,146	$	4,554		$	3,937	$	4,799		$	16,308		$	18,671

(1)	The fourth quarter of 2006 inlcudes 14 weeks of operations compared to 13 weeks in all other quarters.
(2)	First quarter 2007 results include 9 weeks of operations for the fine paper business and related assets, prior to the distribution of these assets to Weyerhaeuser shareholders.

PRELIMINARY RESULTS - SUBJECT TO AUDIT

3

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
CONTRIBUTION (CHARGE) TO PRE-TAX EARNINGS:
          (in millions)

	REVISED(1)
	Q1						Q2						Q3						Q4						Year-to-date
	April 1,			March 26,			July 1,			June 25,			Sept. 30,			Sept. 24,			Dec. 30,			Dec. 31,			Dec. 30,			Dec. 31,
	2007			2006			2007			2006			2007			2006			2007			2006			2007			2006
Timberlands (2) (3) (6)	$	175		$	198		$	142		$	224		$	165		$	178		$	152		$	167		$	634		$	767
Wood Products (2) (3) (7)		(167	)		117			(123	)		131			(131	)		11			(313	)		205			(734	)		464
Cellulose Fibers (2) (3) (5)		22			(5	)		48			23			79			66			80			58			229			142
Fine Paper (2) (3) (5) (8)		20			(756	)		—			(20	)		—			68			—			61			20			(647	)
Containerboard, Packaging and Recycling (2) (3) (5) (9)		67			26			112			69			104			97			99			71			382			263
Real Estate and Related Assets (3) (10)		58			172			64			123			60			135			22			293			204			723
Corporate and Other (2) (3) (4) (11)		580			(102	)		(44	)		(40	)		(16	)		(78	)		(52	)		(3	)		468			(223	)
	$	755		$	(350	)	$	199		$	510		$	261		$	477		$	(12	)	$	852		$	1,203		$	1,489

FOOTNOTES TO CONTRIBUTION (CHARGE) TO PRE-TAX EARNINGS
          (in millions)

(1) The first quarter of 2007 results have been revised to reflect an adjustment to reduce the pre-tax gain on the Domtar Transaction by $53 million. This adjustment is included in Corporate and Other.

																					Year-to-date
	Q1 2007		Q1 2006			Q2 2007		Q2 2006		Q3 2007			Q3 2006		Q4 2007			Q4 2006			2007			2006
(2) Closure charges by segment:
Timberlands	$	—	$	—		$	—	$	—	$	—		$	—	$	—		$	1		$	—		$	1
Wood Products		3		—			15		1		19			10		78			48			115			59
Cellulose Fibers		—		(1	)		—		—		(1	)		1		—			(3	)		(1	)		(3	)
Fine Paper		2		—			—		11		—			3		—			1			2			15
Containerboard, Packaging and Recycling		2		2			3		5		—			3		4			4			9			14
Corporate and Other		—		—			1		—		1			26		(1	)		—			1			26
	$	7	$	1		$	19	$	17	$	19		$	43	$	81		$	51		$	126		$	112

The above closure charges include costs incurred within the company’s discontinued operations.

																		Year-to-date
	Q1 2007		Q1 2006		Q2 2007		Q2 2006			Q3 2007		Q3 2006		Q4 2007		Q4 2006		2007		2006
(3) Share-based compensation charges (income) recognized by segment:
Timberlands	$	1	$	1	$	—	$	—		$	1	$	—	$	—	$	—	$	2	$	1
Wood Products		2		2		2		—			1		—		1		1		6		3
Cellulose Fibers		2		1		—		—			—		—		1		1		3		2
Fine Paper		—		—		—		—			—		1		—		—		—		1
Containerboard, Packaging and Recycling		1		2		2		(1	)		1		1		1		—		5		2
Real Estate and Related Assets		2		—		1		2			—		—		1		—		4		2
Corporate and Other		14		15		5		(5	)		—		1		2		7		21		18
	$	22	$	21	$	10	$	(4	)	$	3	$	3	$	6	$	9	$	41	$	29

																		Year-to-date
	Q1 2007		Q1 2006			Q2 2007		Q2 2006		Q3 2007		Q3 2006		Q4 2007		Q4 2006		2007		2006
(4) Net foreign exchange gains (losses) included in Corporate and Other:	$	7	$	(26	)	$	34	$	20	$	2	$	17	$	6	$	14	$	49	$	25

(5) See detail of quarterly adjustments made to apply a new accounting pronouncement to expense planned major maintenance costs as incurred on page 2.

PRELIMINARY RESULTS - SUBJECT TO AUDIT

4

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
FOOTNOTES TO CONTRIBUTION (CHARGE) TO PRE-TAX EARNINGS (CONTINUED)
          (in millions)

(6)	Additional Timberlands notes:
	2007:

(a) The fourth quarter includes a charge of $10 million for storm-related casualty losses and a gain of $27 million on the sale of an export facility.

(7)	Additional Wood Products notes:
	2007:

(a)	The first quarter includes charges of $22 million for the impairment of goodwill associated with Canadian distribution facilities and $34 million in asset impairments related to wood products facilities.
(b)	The second quarter includes a charge of $17 million for expected settlement of litigation.
(c)	The second quarter includes charges of $12 million in asset impairments related to wood products facilities and $6 million in additional charges related to the sale of Canadian distribution facilities.
(d)	The third quarter includes $7 million of income from the sale of a veneer facility and a previously closed distribution center site.
(e)	The third quarter includes charges of $4 million for the settlement of litigation, $4 million for restructuring activities and $1 million in goodwill impairment.
(f)	The fourth quarter includes charges of $14 million for restructuring activities, $7 million in goodwill impairments and $6 million in asset impairments.
(g)	The fourth quarter includes a gain of $3 million on the sale of a facility.

2006:

(h)	The third quarter includes $23 million of income related to a reduction of the reserves for hardboard siding claims.
(i)	The third quarter includes a $51 million gain on the sale of the company’s North American composite panels operations.
(j)	The third quarter includes charges of $7 million for the impairment of fixed assets related to production curtailments.
(k)	The fourth quarter includes $344 million of income from the refund of countervailing and anti-dumping duties.
(l)	The fourth quarter includes $95 million of income related to a reversal of the reserves for alder litigation claims.

(8)	Additional Fine Paper notes:
	2006:

(a) The first and second quarters include charges of $746 million and $3 million, respectively, for the impairment of goodwill associated with the fine paper business.

(9)	Additional Containerboard, Packaging and Recycling notes:
	2007:

(a)	The second quarter includes a $29 million gain on the sale of a previously closed box plant site in California and $3 million in charges related to a fire at the Closter, NJ box plant.
(b)	The third quarter includes $3 million of income related to the sale of a previously closed box plant site.

2006:

(c) The second and third quarters include charges of $18 million and $3 million, respectively, related to the restructuring of the Containerboard, Packaging and Recycling business model.

(10)	Additional Real Estate and Related Assets notes:
	2007:

(a)	The first, second, third and fourth quarters include net gains (losses) on land and lot sales of $3 million, $3 million, $30 million, and $79 million, respectively, or $115 million year-to-date.
(b)	The second quarter includes a gain of $42 million on the sale of an apartment project.
(c)	The first, second, third and fourth quarters include charges for the impairment of long-lived assets and investments of $2 million, $13 million, $23 million, and $121 million, respectively, or $159 million year-to-date.
(d)	The fourth quarter of 2007 includes income of $11 million for a warranty reserve adjustment.

     2006:

(e)	The first quarter includes income of $8 million related to a warranty insurance recovery and income of $9 million related to recognition of deferred income in connection with partnership restructurings.
(f)	The first, second, third and fourth quarters include net gains (losses) on land and lot sales of $33 million, ($1) million, $0, and $110 million, respectively, or $142 million year-to-date.
(g)	The second, third, and fourth quarters of 2006 include charges for the impairment of assets of $3 million, $14 million, and $19 million, respectively, or $36 million year-to-date.
(h)	The fourth quarter includes a $28 million gain on the sale of an apartment building.

(11) Additional Corporate and Other notes:

     2007:

(a)	The first quarter includes a $629 million pre-tax gain, the second quarter includes charges of $4 million, and the fourth quarter includes charges of $19 million related to the distribution of the fine paper business and related assets to Weyerhaeuser shareholders.
(b)	The second quarter includes a $23 million charge for legal settlements and a contract termination.
(c)	The third quarter includes a $43 million gain on the settlement of litigation.
(d)	The third quarter includes charges of $20 million for restructuring activities and the transition to a new IT service provider.
(e)	The fourth quarter includes a gain of $9 million on the sale of our New Zealand joint venture.

     2006:

(f)	The third quarter includes an $8 million charge to write off additional goodwill associated with the coastal British Columbia operations.
(g)	The third quarter includes a $9 million charge related to the acquisition of OrganicID, a research and development company.
(h)	The fourth quarter includes a $45 million pre-tax gain on the sale of the company’s Irish composite panels operations.

PRELIMINARY RESULTS - SUBJECT TO AUDIT

5

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
THIRD PARTY SALES VOLUMES: ^{(1) (2)}
          (in millions)

	Q1				Q2				Q3				Q4				Year-to-date
	April 1,		March 26,		July 1,		June 25,		Sept. 30,		Sept. 24,		Dec. 30,		Dec. 31,		Dec. 30,		Dec. 31,
	2007		2006		2007		2006		2007		2006		2007		2006		2007		2006
Timberlands (thousands):
Logs - cunits		750		935		762		808		805		850		764		843		3,081		3,436
Wood Products (millions):
Softwood lumber - board feet		1,657		1,921		1,805		2,113		1,654		1,974		1,422		1,863		6,538		7,871
Plywood - square feet (3/8”)		310		389		305		458		240		437		194		379		1,049		1,663
Veneer - square feet (3/8”)		57		61		82		63		73		48		50		43		262		215
Composite panels - square feet (3/4”)		36		302		35		324		29		139		21		37		121		802
Oriented strand board - square feet (3/8”)		942		1,000		899		1,069		835		989		790		1,038		3,466		4,096
Hardwood lumber - board feet		89		103		99		110		93		100		82		99		363		412
Engineered I-Joists - - lineal feet		82		114		108		137		92		110		56		95		338		456
Engineered solid section - cubic feet		7		9		10		11		8		9		5		7		30		36
Logs - cunits (in thousands)		46		55		33		46		34		26		30		42		143		169
Cellulose Fibers (thousands):
Pulp - air-dry metric tons		594		651		524		647		470		625		482		698		2,070		2,621
Liquid packaging board - tons		67		56		82		71		72		72		65		76		286		275
Fine Paper (thousands):(2)
Paper - tons		461		753		—		662		—		641		—		693		461		2,749
Coated groundwood - tons		38		52		—		59		—		59		—		64		38		234
Paper converting - tons		318		511		—		474		—		462		—		485		318		1,932
Containerboard, Packaging and Recycling (thousands):
Containerboard - tons		259		211		230		189		205		202		263		254		957		856
Packaging - MSF		17,754		18,342		18,965		19,168		18,751		18,425		18,102		18,932		73,572		74,867
Recycling - tons		654		733		656		719		632		678		638		745		2,580		2,875
Kraft bags and sacks - tons		25		20		23		20		25		22		26		27		99		89
Real Estate and Related Assets:
Single-family homes sold		1,684		1,472		1,139		1,325		734		906		595		838		4,152		4,541
Single-family homes closed		976		1,161		1,062		1,483		1,145		1,439		1,244		1,753		4,427		5,836
Single-family homes sold but not closed at end of period		2,207		3,105		2,284		2,947		1,873		2,414		1,224		1,499		1,224		1,499

(1)	The fourth quarter of 2006 inlcudes 14 weeks of operations compared to 13 weeks in all other quarters.
(2)	First quarter 2007 results include 9 weeks of operations for fine paper and related assets, prior to the distribution of these assets to Weyerhaeuser shareholders.

PRELIMINARY RESULTS - SUBJECT TO AUDIT

6

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION (unaudited)
TOTAL PRODUCTION VOLUMES: ^{(1) (2)}
          (in millions)

	Q1				Q2				Q3				Q4				Year-to-date
	April 1,		March 26,		July 1,		June 25,		Sept. 30,		Sept. 24,		Dec. 30,		Dec. 31,		Dec. 30,		Dec. 31,
	2007		2006		2007		2006		2007		2006		2007		2006		2007		2006
Timberlands (thousands):
Fee depletion - cunits		2,140		2,132		2,038		2,083		2,029		2,040		1,937		2,195		8,144		8,450
Wood Products (millions):
Softwood lumber - board feet		1,427		1,663		1,451		1,650		1,405		1,559		1,207		1,483		5,490		6,355
Plywood - square feet (3/8”)		114		241		115		245		110		237		84		177		423		900
Veneer - square feet (3/8”) (3)		298		455		338		455		297		494		217		335		1,150		1,739
Composite panels - square feet (3/4”)		—		278		—		288		—		100		—		—		—		666
Oriented strand board - square feet (3/8”)		968		1,073		847		1,062		834		1,009		779		1,022		3,428		4,166
Hardwood lumber - board feet		73		82		75		83		80		82		66		77		294		324
Engineered I-Joists - lineal feet		87		121		114		136		91		130		47		86		339		473
Engineered solid section - cubic feet		6		11		9		12		8		10		5		8		28		41
Cellulose Fibers (thousands):
Pulp - air-dry metric tons		539		676		419		588		445		660		448		664		1,851		2,588
Liquid packaging board - tons		60		61		77		75		72		73		74		73		283		282
Fine Paper (thousands): (2) Paper - tons (4)		444		724		—		672		—		675		—		725		444		2,796
Coated groundwood - tons		43		56		—		56		—		59		—		59		43		230
Paper converting - tons		318		498		—		461		—		485		—		487		318		1,931
Containerboard, Packaging and Recycling (thousands):
Containerboard - tons (5)		1,515		1,575		1,506		1,533		1,575		1,544		1,510		1,608		6,106		6,260
Packaging - MSF		19,007		19,550		19,721		20,290		19,547		19,341		18,946		20,670		77,221		79,851
Recycling - tons (6)		1,619		1,716		1,589		1,684		1,838		1,641		1,609		1,788		6,655		6,829
Kraft bags and sacks - tons		23		19		23		20		23		18		24		25		93		82

(1)	The fourth quarter of 2006 inlcudes 14 weeks of operations compared to 13 weeks in all other quarters.
(2)	First quarter 2007 results include 9 weeks of operations for fine paper and related assets, prior to the distribution of these assets to Weyerhaeuser shareholders.
(3)	Veneer production represents lathe production and includes volumes that are further processed into plywood and engineered lumber products by company mills.
(4)	Paper production includes unprocessed rolls and converted paper volumes.
(5)	Containerboard production represents machine production and includes volumes that are further processed into packaging and kraft bags and sacks by company facilities.
(6)	Recycling production includes volumes processed in Weyerhaeuser recycling facilities that are consumed by company facilities and brokered volumes.

PRELIMINARY RESULTS - SUBJECT TO AUDIT

7

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)
(in millions)

	April 1,		July 1,		Sept. 30,		Dec. 30,		Dec. 31,
	2007		2007		2007		2007		2006
Assets
Weyerhaeuser
Current assets:
Cash and cash equivalents	$	1,172	$	208	$	72	$	93	$	223
Receivables, less allowances		1,394		1,508		1,419		1,333		1,183
Inventories		1,437		1,308		1,323		1,255		1,355
Prepaid expenses		356		378		406		333		385
Assets held for sale		114		—		—				105
Current assets of discontinued operations		—		—		—		—		870
Total current assets		4,473		3,402		3,220		3,014		4,121
Property and equipment		6,836		6,761		6,880		6,817		7,061
Construction in progress		467		544		412		442		395
Timber and timberlands at cost, less fee stumpage charged to disposals		3,705		3,721		3,736		3,769		3,681
Investments in and advances to equity affiliates		498		510		497		356		499
Goodwill		2,158		2,181		2,200		2,207		2,185
Deferred pension and other assets		1,378		1,470		1,525		2,505		1,368
Restricted assets held by special purpose entitites		915		916		915		916		917
Noncurrent assets of discontinued operations		—		—		—				3,011
		20,430		19,505		19,385		20,026		23,238
Real Estate and Related Assets
Cash and cash equivalents		13		7		8		21		20
Receivables, less allowances		77		75		72		63		144
Real estate in process of development and for sale		1,540		1,561		1,587		1,270		1,449
Land being processed for development		1,427		1,476		1,528		1,622		1,365
Investments in unconsolidated entities, less reserves		81		83		77		58		72
Other assets		396		383		423		473		423
Consolidated assets not owned		264		287		277		273		151
		3,798		3,872		3,972		3,780		3,624
Total assets	$	24,228	$	23,377	$	23,357	$	23,806	$	26,862
Liabilities
Weyerhaeuser
Current liabilities:
Notes payable and commercial paper	$	163	$	92	$	92	$	54	$	72
Current maturities of long-term debt		70		63		262		507		488
Accounts payable		920		1,010		894		869		948
Accrued liabilities		1,220		1,145		1,185		1,177		1,363
Current liabilities of discontinued operations		—		—		—		—		258
Total current liabilities		2,373		2,310		2,433		2,607		3,129
Long-term debt		6,849		5,980		6,428		6,059		7,069
Deferred income taxes		2,886		2,895		2,852		3,290		3,011
Deferred pension, other postretirement benefits and other liabilities		1,730		1,814		1,819		1,669		1,759
Liabilities (nonrecourse to Weyerhaeuser) held by special purpose entities		763		765		764		765		765
Noncurrent liabilities of discontinued operations		—		—		—		—		717
		14,601		13,764		14,296		14,390		16,450
Real Estate and Related Assets
Notes payable and commercial paper		427		412		—		—		—
Long-term debt		605		605		900		775		606
Other liabilities		565		539		497		432		606
Consolidated liabilites not owned		232		246		237		228		115
		1,829		1,802		1,634		1,435		1,327
Shareholders’ Interest
Total liabilities		16,430		15,566		15,930		15,825		17,777
Shareholders’ interest		7,798		7,811		7,427		7,981		9,085
Total liabilities and shareholders’ interest	$	24,228	$	23,377	$	23,357	$	23,806	$	26,862

WEYERHAEUSER COMPANY
STATISTICAL INFORMATION
STATEMENT OF CASH FLOWS

SELECTED INFORMATION (unaudited)
(in millions)

(Weyerhaeuser only,
excludes Real Estate &
Related Assets)

		Q1								Q2								Q3								Q4								Year-to-date
		April 1,				March 26,				July 1,				June 25,				Sept. 30,				Sept. 24,				Dec. 30,				Dec. 31,				Dec. 30,				Dec. 31,
	2007				2006				2007				2006				2007				2006				2007				2006				2007				2006
Net cash from operations		$	(187	)		$	(210	)		$	171			$	566			$	285			$	252			$	411			$	940			$	680			$	1,548
Cash paid for property and equipment		$	(114	)		$	(182	)		$	(140	)		$	(184	)		$	(176	)		$	(173	)		$	(232	)		$	(273	)		$	(662	)		$	(812	)
Cash paid for timberlands reforestation		$	(12	)		$	(12	)		$	(12	)		$	(9	)		$	(8	)		$	(6	)		$	(12	)		$	(10	)		$	(44	)		$	(37	)
Cash received from issuances of debt		$	—			$	—			$	—			$	—			$	451			$	3			$	—			$	1			$	451			$	4
Revolving credit facilities, notes and commercial paper borrowings, net		$	(162	)		$	(68	)		$	194			$	19			$	148			$	195			$	(158	)		$	(95	)		$	22			$	51
Payments on debt		$	(466	)		$	(158	)		$	(1,090	)		$	(10	)		$	(54	)		$	(58	)		$	(3	)		$	(5	)		$	(1,613	)		$	(231	)
Proceeds from the sale of operations		$	1,350			$	—			$	100			$	—			$	7			$	187			$	172			$	86			$	1,629			$	273
Repurchases of common stock		$	—			$	—			$	(22	)		$	—			$	(441	)		$	(332	)		$	(10	)		$	(340	)		$	(473	)		$	(672	)

PRELIMINARY RESULTS - SUBJECT TO AUDIT

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