CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operations:
Net earnings	$ 620	$ 1,869
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization	374	360
Basis of real estate sold	80	77
Pension and other post-employment benefits (Note 6)	50	65
Share-based compensation expense (Note 12)	26	25
Loss on debt extinguishment (Note 8)	0	276
Other	(4)	17
Change in:
Receivables, net	(77)	81
Receivables and payables for taxes	51	15
Inventories	23	(30)
Prepaid expenses and other current assets	(5)	(7)
Accounts payable and accrued liabilities	43	(23)
Pension and post-employment benefit contributions and payments	(16)	(19)
Other	(20)	(41)
Net cash from operations	1,145	2,665
Cash flows from investing activities:
Capital expenditures for property and equipment	(209)	(207)
Capital expenditures for timberlands reforestation	(42)	(38)
Acquisition of timberlands (Note 15)	(70)	(286)
Purchase of short-term investments	(664)	0
Other	3	1
Net cash from investing activities	(982)	(530)
Cash flows from financing activities:
Cash dividends on common shares	(1,076)	(1,485)
Net proceeds from issuance of long-term debt (Note 8)	743	881
Payments on long-term debt (Note 8)	(118)	(1,203)
Repurchases of common shares (Note 4)	(109)	(402)
Other	(11)	(5)
Net cash from financing activities	(571)	(2,214)
Net change in cash, cash equivalents and restricted cash	(408)	(79)
Cash, cash equivalents and restricted cash at beginning of period	1,581	1,999
Cash, cash equivalents and restricted cash at end of period	1,173	1,920
Cash paid during the period for:
Interest, net of amount capitalized of $3 and $3	190	211
Income taxes, net of refunds	$ 40	$ 446