CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operations:
Net earnings	$ 1,559	$ 1,709
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization	241	238
Basis of real estate sold	70	51
Deferred income taxes, net	14	19
Pension and other post-employment benefits (Note 6)	44	30
Share-based compensation expense (Note 12)	17	15
Loss on debt extinguishment (Note 8)	276	0
Change in:
Receivables, net	(40)	(252)
Receivables and payables for taxes	27	236
Inventories	(58)	(51)
Prepaid expenses and other current assets	(3)	(1)
Accounts payable and accrued liabilities	(15)	65
Pension and post-employment benefit contributions and payments	(14)	(33)
Other	(15)	(20)
Net cash from operations	2,103	2,006
Cash flows from investing activities:
Capital expenditures for property and equipment	(121)	(93)
Capital expenditures for timberlands reforestation	(30)	(32)
Acquisition of timberlands (Note 16)	(283)	(149)
Other	1	1
Net cash from investing activities	(433)	(273)
Cash flows from financing activities:
Cash dividends on common shares	(1,352)	(255)
Net proceeds from issuance of long-term debt (Note 8)	881	0
Payments on long-term debt (Note 8)	(1,203)	(225)
Proceeds from exercise of stock options	14	45
Repurchases of common shares (Note 4)	(259)	0
Other	(19)	(16)
Net cash from financing activities	(1,938)	(451)
Net change in cash, cash equivalents and restricted cash	(268)	1,282
Cash, cash equivalents and restricted cash at beginning of period	1,999	495
Cash, cash equivalents and restricted cash at end of period	1,731	1,777
Cash paid (received) during the period for:
Interest, net of amount capitalized of $3 and $2	149	154
Income taxes, net of refunds	$ 354	$ 263