Consolidated Statement of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating Activities
Net earnings (loss)	$ 329	$ 1,054
Depreciation, amortization and cost of timber harvested	955	963
Deferred income tax provision (benefit), net	(5)	68
Restructuring and other charges, net	131	21
Net (gains) losses on sales and impairments of businesses	347	153
Net (gains) losses on sales of equity method investments	(35)	0
Antitrust fines	0	32
Equity method dividends received	158	260
Equity (earnings) losses, net	(13)	(221)
Periodic pension expense, net	24	70
Other, net	212	106
Changes in current assets and liabilities
Accounts and notes receivable	96	168
Contract assets	2	6
Inventories	74	(9)
Accounts payable and accrued liabilities	0	(11)
Interest payable	(26)	(31)
Other	25	53
Cash Provided By (Used For) Operations	2,274	2,682
Investment Activities
Invested in capital projects, net of insurance recoveries	(657)	(913)
Acquisitions, net of cash acquired	(64)	(99)
Proceeds from sales of equity method investments	500	0
Proceeds from sales of businesses, net of cash divested	0	17
Proceeds from sale of fixed assets	3	15
Other	18	(14)
Cash Provided By (Used For) Investment Activities	(200)	(994)
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(42)	(535)
Issuance of debt	692	381
Reduction of debt	(1,795)	(772)
Change in book overdrafts	16	(29)
Dividends paid	(605)	(595)
Debt tender premiums paid	(124)	0
Other	(1)	3
Cash Provided By (Used For) Financing Activities	(1,859)	(1,547)
Cash Included in Assets Held for Sale	(11)	(19)
Effect of Exchange Rate Changes on Cash	(37)	(14)
Change in Cash and Temporary Investments	167	108
Cash and Temporary Investments
Beginning of period	511	589
End of period	$ 678	$ 697