CONSOLIDATED BALANCE SHEETS (USD $) In Millions	Jul. 02, 2011	Jan. 01, 2011
Current Assets
Cash and cash equivalents	$ 43	$ 28
Trade receivables, net of allowance for doubtful accounts of $16 in 2011 and 2010	514	471
Inventories:
Work in process and finished goods	106	90
Raw materials	217	253
Supplies and other	149	142
Total inventories	472	485
Deferred tax asset	127	108
Income taxes receivable	13	0
Prepaid expenses and other	39	44
Total current assets	1,208	1,136
Property and Equipment
Land and buildings	721	684
Machinery and equipment	3,716	3,640
Construction in progress	63	74
Less allowances for depreciation	(2,840)	(2,771)
Total property and equipment	1,660	1,627
Financial Assets of Special Purpose Entities	2,474	2,475
Goodwill	394	394
Other Assets	271	277
TOTAL ASSETS	6,007	5,909
Current Liabilities
Accounts payable	220	219
Accrued employee compensation and benefits	115	109
Accrued interest	15	17
Accrued property taxes	15	13
Other accrued expenses	135	134
Current portion of long-term debt	0	0
Current portion of pension and postretirement benefits	16	16
Total current liabilities	516	508
Long-Term Debt	733	718
Nonrecourse Financial Liabilities of Special Purpose Entities	2,140	2,140
Deferred Tax Liability	739	700
Liability for Pension Benefits	323	308
Liability for Postretirement Benefits	110	110
Other Long-Term Liabilities	390	404
TOTAL LIABILITIES	4,951	4,888
Temple-Inland Inc. Shareholders' Equity
Preferred stock - par value $1 per share: authorized 25,000,000 shares; none issued	0	0
Common stock - par value $1 per share: authorized 200,000,000 shares; issued 123,605,344 shares in 2011 and 2010, including shares held in the treasury	124	124
Additional paid-in capital	413	426
Accumulated other comprehensive loss	(243)	(257)
Retained earnings	1,227	1,220
Cost of shares held in the treasury: 14,955,970 shares in 2011 and 15,654,157 shares in 2010	(556)	(584)
Total Temple-Inland Inc. shareholders' equity	965	929
Noncontrolling Interest of Special Purpose Entities	91	92
TOTAL SHAREHOLDERS' EQUITY	1,056	1,021
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 6,007	$ 5,909