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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Operating Activities          
Net earnings (loss) $ 562 $ 395 $ 1,699 $ 684  
Depreciation, amortization and cost of timber harvested     990 1,075  
Deferred income tax provision (benefit), net     163 295 $ 3
Restructuring and other charges 0 0 48 (16)  
Pension plan contributions     0 (1,250)  
Litigation settlement 0 0 0 354  
Net gain on transfer of North American Consumer Packaging business     (488) 0  
Net bargain purchase gain on acquisition of business 0 0 0 (6)  
Net (gains) losses on sales and impairments of businesses 122 0 122 9  
Equity method dividends received     130 129  
Equity (earnings) loss, net (92) (45) (257) (113)  
Periodic pension expense, net     172 237  
Other, net     75 92  
Changes in current assets and liabilities          
Accounts and notes receivable     (441) (293)  
Contract assets     (20) 0  
Inventories     (120) (70)  
Accounts payable and accrued liabilities     301 5  
Interest payable     (33) (11)  
Other     64 (198)  
Cash Provided By (Used For) Operations     2,405 569  
Investment Activities          
Invested in capital projects     (1,286) (935)  
Acquisitions, net of cash acquired     0 (45)  
Net settlement on transfer of North American Consumer Packaging business     (40) 0  
Proceeds from divestitures, net of cash divested     0 4  
Proceeds from sale of fixed assets     12 22  
Other     4 (54)  
Cash Provided By (Used For) Investment Activities     (1,310) (1,008)  
Financing Activities          
Repurchases of common stock and payments of restricted stock tax withholding     (532) (46)  
Issuance of debt     349 1,366  
Reduction of debt     (242) (369)  
Change in book overdrafts     (33) 5  
Dividends paid     (588) (573)  
Debt tender premiums paid     0 (1)  
Other     0 (2)  
Cash Provided By (Used For) Financing Activities     (1,046) 380  
Effect of Exchange Rate Changes on Cash     (41) 24  
Change in Cash and Temporary Investments     8 (35)  
Cash and Temporary Investments          
Beginning of period     1,018 1,033 1,033
End of period $ 1,026 $ 998 $ 1,026 $ 998 $ 1,018