CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,581	$ 1,879
Receivables, net	357	507
Receivables for taxes	42	24
Inventories (Note 6)	550	520
Prepaid expenses and other current assets	216	205
Total current assets	2,746	3,135
Property and equipment, net (Note 7)	2,171	2,057
Construction in progress	222	175
Timber and timberlands at cost, less depletion	11,604	11,510
Minerals and mineral rights, less depletion	214	255
Deferred tax assets (Note 20)	8	17
Other assets	375	503
Total assets	17,340	17,652
Current liabilities:
Current maturities of long-term debt (Notes 12 and 13)	982	0
Accounts payable	247	281
Accrued liabilities (Note 10)	511	673
Total current liabilities	1,740	954
Long-term debt, net (Notes 12 and 13)	4,071	5,099
Deferred tax liabilities (Note 20)	96	46
Deferred pension and other post-employment benefits (Note 9)	344	440
Other liabilities	340	346
Total liabilities	6,591	6,885
Commitments and contingencies (Note 14)
Weyerhaeuser shareholders’ interest (Notes 15 and 16):
Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 732,794 thousand shares at December 31, 2022 and 747,301 thousand shares at December 31, 2021	916	934
Other capital	7,691	8,181
Retained earnings	2,389	2,131
Accumulated other comprehensive loss (Note 15)	(247)	(479)
Total equity	10,749	10,767
Total liabilities and equity	$ 17,340	$ 17,652