CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,879	$ 495
Receivables, net	507	450
Receivables for taxes	24	82
Inventories (Note 6)	520	443
Prepaid expenses and other current assets	205	139
Total current assets	3,135	1,609
Property and equipment, net (Note 7)	2,057	2,013
Construction in progress	175	73
Timber and timberlands at cost, less depletion	11,510	11,827
Minerals and mineral rights, less depletion	255	268
Deferred tax assets (Note 20)	17	120
Other assets	503	401
Total assets	17,652	16,311
Current liabilities:
Current maturities of long-term debt (Notes 12 and 13)	0	150
Accounts payable	281	204
Accrued liabilities (Note 10)	673	596
Total current liabilities	954	950
Long-term debt, net (Notes 12 and 13)	5,099	5,325
Deferred tax liabilities (Note 20)	46	24
Deferred pension and other post-employment benefits (Note 9)	440	911
Other liabilities	346	370
Commitments and contingencies (Note 14)
Total liabilities	6,885	7,580
Weyerhaeuser shareholders’ interest (Notes 15 and 16):
Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 747,301 thousand shares at December 31, 2021 and 747,385 thousand shares at December 31, 2020	934	934
Other capital	8,181	8,208
Retained earnings	2,131	411
Accumulated other comprehensive loss (Note 15)	(479)	(822)
Total equity	10,767	8,731
Total liabilities and equity	$ 17,652	$ 16,311