Consolidated Balance Sheet - USD ($) $ in Millions		Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and temporary investments		$ 1,050	$ 1,881
Accounts and notes receivable, less allowances of $70 in 2015 and $82 in 2014		2,675	3,083
Inventories		2,228	2,424
Deferred income tax assets		312	331
Other current assets		212	240
Total Current Assets		6,477	7,959
Plants, Properties and Equipment, net		11,980	12,728
Forestlands		366	507
Investments		228	248
Financial Assets of Special Purpose Entities (Note 12)		7,014	2,145
Goodwill		3,335	3,773
Deferred Charges and Other Assets		1,187	1,324
TOTAL ASSETS		30,587	28,684
Current Liabilities
Notes payable and current maturities of long-term debt		426	742
Accounts payable		2,078	2,664
Accrued payroll and benefits		434	477
Other accrued liabilities		986	1,026
Total Current Liabilities		3,924	4,909
Long-Term Debt		8,900	8,631
Nonrecourse Financial Liabilities of Special Purpose Entities (Note 12)		6,277	2,050
Deferred Income Taxes		3,231	3,063
Pension Benefit Obligation		3,548	3,819
Postretirement and Postemployment Benefit Obligation		364	396
Other Liabilities		$ 434	$ 553
Commitments and Contingent Liabilities (Note 11)
Equity
Common stock $1 par value, 2015 & 2014 – 448.9 shares		$ 449	$ 449
Paid-in capital		6,243	6,245
Retained earnings		4,649	4,409
Accumulated other comprehensive loss	[1]	(5,708)	(4,646)
Total Shareholders' Equity Before Treasury Stock		5,633	6,457
Less: Common stock held in treasury, at cost, 2015 – 36.776 shares and 2014 – 28.734 shares		1,749	1,342
Total Shareholders’ Equity		3,884	5,115
Noncontrolling interests		25	148
Total Equity		3,909	5,263
TOTAL LIABILITIES AND EQUITY		$ 30,587	$ 28,684

[1] All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.