CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operations:
Net earnings	$ 151	$ 771
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization	126	122
Basis of real estate sold	33	31
Deferred income taxes, net	3	14
Pension and other post-employment benefits (Note 6)	15	25
Share-based compensation expense (Note 12)	8	8
Loss on debt extinguishment (Note 8)	0	276
Change in:
Receivables, net	(83)	(238)
Receivables and payables for taxes	14	110
Inventories	(36)	(87)
Prepaid expenses and other current assets	(9)	(1)
Accounts payable and accrued liabilities	(87)	(62)
Pension and post-employment benefit contributions and payments	(6)	(4)
Other	(3)	(8)
Net cash from operations	126	957
Cash flows from investing activities:
Capital expenditures for property and equipment	(50)	(50)
Capital expenditures for timberlands reforestation	(21)	(20)
Acquisition of timberlands	0	(18)
Other	2	1
Net cash from investing activities	(69)	(87)
Cash flows from financing activities:
Cash dividends on common shares	(799)	(1,218)
Net proceeds from issuance of long-term debt (Note 8)	0	881
Payments on long-term debt (Note 8)	0	(1,203)
Proceeds from exercise of stock options	2	12
Repurchases of common shares (Note 4)	(34)	(118)
Other	(10)	(18)
Net cash from financing activities	(841)	(1,664)
Net change in cash, cash equivalents and restricted cash	(784)	(794)
Cash, cash equivalents and restricted cash at beginning of period	1,581	1,999
Cash, cash equivalents and restricted cash at end of period	797	1,205
Cash paid (received) during the period for:
Interest, net of amount capitalized of $1 and $1	57	78
Income taxes, net of refunds	$ 6	$ 85