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Consolidated Statement Of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES      
Net earnings (loss) $ 1,378 $ 799 $ 1,336
Discontinued operations, net of taxes (45) (45) (49)
EARNINGS (LOSS) FROM CONTINUING OPERATIONS 1,333 754 1,287
Depreciation, amortization, and cost of timber harvested 1,547 [1] 1,486 [1] 1,332 [1]
Deferred income tax provision (benefit), net 146 204 317
Restructuring and other charges 210 109 102
Pension plan contribution (31) (44) (300)
Net bargain purchase gain on acquisition of business (13) 0 0
Periodic pension expense, net 545 342 195
Net (gains) losses on sales and impairments of businesses 3 86 218
Equity (earnings) losses, net of taxes 39 (61) (140)
Release of tax reserve (775) 0 0
Impairment of goodwill and other intangibles 527 0 0
Other, net (47) 0 169
Changes in current assets and liabilities      
Accounts and notes receivable (134) 377 (128)
Inventories (114) (28) (56)
Accounts payable and accrued liabilities (110) (273) (389)
Interest payable (57) 30 6
Other (71) (22) 62
Cash provided by (used for) operating activities - continuing operations 2,998 2,960 2,675
Cash provided by (used for) operating activities - discontinued operations 30 7 0
CASH PROVIDED BY (USED FOR) OPERATIONS 3,028 2,967 2,675
INVESTMENT ACTIVITIES      
Invested in capital projects (1,198) (1,383) (1,159)
Acquisitions, net of cash acquired (505) (3,734) (379)
Proceeds from divestitures 726 474 50
Equity investment in Ilim 0 (45) 0
Proceeds from sale of fixed assets 65 0 0
Escrow arrangement 0 0 (25)
Other 84 (80) 26
Cash provided by (used for) investment activities - continuing operations (828) (4,768) (1,487)
Cash provided by (used for) investment activities - discontinued operations 1 (90) 0
CASH PROVIDED BY (USED FOR) INVESTMENT ACTIVITIES (827) (4,858) (1,487)
FINANCING ACTIVITIES      
Repurchase of common stock and payments of restricted stock tax withholding (512) (35) (30)
Issuance of common stock 298 108 0
Issuance of debt 241 2,132 1,766
Reduction of debt (845) (2,488) (517)
Change in book overdrafts (123) 11 (29)
Dividends paid (554) (476) (427)
Redemption of securities (150) 0 0
Other (43) (47) (21)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES (1,688) (795) 742
Effect of Exchange Rate Changes on Cash (13) (6) (9)
Change in Cash and Temporary Investments 500 (2,692) 1,921
Cash and Temporary Investments      
Beginning of the period 1,302 3,994 2,073
End of the period $ 1,802 $ 1,302 $ 3,994
[1] Excludes accelerated depreciation related to closure of mills.