Consolidated Statement of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Activities
Net earnings (loss)	$ 172	$ 360
Depreciation, amortization and cost of timber harvested	241	261
Deferred income tax provision (benefit), net	(2)	30
Net (gains) losses on mark to market investments	0	(46)
Net (gains) losses on sales and impairments of equity method investments	43	0
Equity method dividends received	0	204
Equity (earnings) losses, net	42	93
Periodic pension (income) expense, net	26	(28)
Other, net	39	51
Changes in current assets and liabilities
Accounts and notes receivable	103	(146)
Contract assets	(52)	(114)
Inventories	52	31
Accounts payable and accrued liabilities	(203)	89
Interest payable	(5)	25
Other	(27)	(36)
Cash Provided By (Used For) Operations	345	588
Investment Activities
Invested in capital projects, net of insurance recoveries	(341)	(185)
Proceeds from sale of fixed assets	2	5
Cash Provided By (Used For) Investment Activities	(339)	(180)
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(177)	(428)
Issuance of debt	670	88
Reduction of debt	(413)	(3)
Change in book overdrafts	(26)	(66)
Dividends paid	(162)	(174)
Cash Provided By (Used For) Financing Activities	(108)	(583)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	6	(1)
Change in Cash and Temporary Investments and Restricted Cash	(96)	(176)
Cash and Temporary Investments and Restricted Cash
Beginning of period	804	1,295
End of period	$ 708	$ 1,119