Financial Instruments, Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 30, 2013

Carrying Amounts And Estimated Fair Values Of Financial Instruments

The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties.

	March 30, 2013
	Fair Value								Carrying Amount
	Level 1		Level 2		Level 3		Total
	(thousands)
Financial assets:
Timber notes receivable - Wells	$	—	$	973,539	$	—	$	973,539	$	817,500
Boise Investment	$	—	$	206,854	$	—	$	206,854	$	91,693
Financial liabilities:
Recourse debt	$	83,435	$	150,770	$	—	$	234,205	$	237,159
Non-recourse debt - Wells	$	—	$	892,420	$	—	$	892,420	$	735,000
	December 29, 2012
	Fair Value								Carrying Amount
	Level 1		Level 2		Level 3		Total
	(thousands)
Financial assets:
Timber notes receivable - Wells	$	—	$	986,365	$	—	$	986,365	$	817,500
Financial liabilities:
Recourse debt	$	—	$	229,431	$	—	$	229,431	$	236,194
Non-recourse debt - Wells	$	—	$	903,912	$	—	$	903,912	$	735,000