Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Current Assets
Cash and temporary investments	$ 1,228	$ 3,994
Accounts and notes receivable, net	3,601	3,486
Inventories	2,650	2,320
Deferred income tax assets	498	296
Assets of businesses held for sale	1,078	196
Other current assets	226	164
Total Current Assets	9,281	10,456
Plants, Properties and Equipment, net	13,956	11,817
Forestlands	617	660
Investments	759	657
Financial Assets of Special Purpose Entities (Note 12)	2,475	0
Goodwill	4,230	2,346
Deferred Charges and Other Assets	1,770	1,082
Total Assets	33,088	27,018
Current Liabilities
Notes payable and current maturities of long-term debt	838	719
Accounts payable	2,696	2,500
Accrued payroll and benefits	449	467
Liabilities of businesses held for sale	58	43
Other accrued liabilities	1,186	1,009
Total Current Liabilities	5,227	4,738
Long-Term Debt	10,478	9,189
Nonrecourse Financial Liabilities of Special Purpose Entities (Note 12)	2,140	0
Deferred Income Taxes	3,905	2,497
Pension Benefit Obligation	2,600	2,375
Postretirement and Postemployment Benefit Obligation	487	476
Other Liabilities	1,157	758
Equity
Common stock, $1 par value, 2012 - 438.9 shares and 2011 - 438.9 shares	439	439
Paid-in capital	5,966	5,908
Retained earnings	3,440	3,355
Accumulated other comprehensive loss	(3,124)	(3,005)
Stockholders' Equity before Treasury Stock, Total	6,721	6,697
Less: Common stock held in treasury, at cost, 2012 - 1.5 shares and 2011 - 1.9 shares	46	52
Total Shareholders' Equity	6,675	6,645
Noncontrolling interests	419	340
Total Equity	7,094	6,985
Total Liabilities and Equity	$ 33,088	$ 27,018