Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating Activities
Net earnings (loss)	$ 289	$ 374
Depreciation, amortization and cost of timber harvested	702	585
Deferred income tax provision (benefit), net	304	22
Restructuring and other charges	(16)	1
Litigation settlement	354	0
Pension plan contributions	0	(250)
Net bargain purchase gain on acquisition of business	(6)	0
Net (gains) losses on sales and impairments of businesses	9	65
Ilim dividends received	127	58
Equity (earnings) loss, net	(68)	(108)
Periodic pension expense, net	158	624
Other, net	73	65
Changes in current assets and liabilities
Accounts and notes receivable	(230)	(86)
Inventories	21	48
Accounts payable and accrued liabilities	(110)	(76)
Interest payable	(1)	13
Other	(328)	(110)
Cash Provided By (Used For) Operations	1,278	1,225
Investment Activities
Invested in capital projects	(664)	(637)
Acquisitions, net of cash acquired	(44)	(61)
Proceeds from divestitures, net of cash divested	0	101
Proceeds from sale of fixed assets	17	11
Other	(39)	(106)
Cash Provided By (Used For) Investment Activities	(730)	(692)
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(46)	(132)
Issuance of debt	132	1,204
Reduction of debt	(248)	(1,070)
Change in book overdrafts	(6)	6
Dividends paid	(382)	(362)
Cash Provided By (Used For) Financing Activities	(550)	(354)
Cash Included in Assets Held for Sale	(4)	0
Effect of Exchange Rate Changes on Cash	14	25
Change in Cash and Temporary Investments	8	204
Cash and Temporary Investments
Beginning of period	1,033	$ 1,050
End of period	$ 1,041