Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

(In Millions, Except Per Share Amounts)	Six Months Ended June 30,
	2013			2012
REVENUES:
Timber	$	316		$	312
Real Estate	131			147
Manufacturing	185			161
Other	11			11
Total Revenues	643			631
COSTS AND EXPENSES:
Cost of Goods Sold:
Timber	232			244
Real Estate	52			84
Manufacturing	157			143
Other	2			1
Total Cost of Goods Sold	443			472
Selling, General and Administrative	61			55
Total Costs and Expenses	504			527
Other Operating Income (Expense), net	1			1
Operating Income	140			105
Equity Earnings from Timberland Venture	31			28
Interest Expense, net:
Interest Expense (Debt Obligations to Unrelated Parties)	41			40
Interest Expense (Note Payable to Timberland Venture)	29			29
Total Interest Expense, net	70			69
Income before Income Taxes	101			64
Provision (Benefit) for Income Taxes	(1		)	(1		)
Net Income	$	102		$	65
PER SHARE AMOUNTS:
Net Income per Share – Basic	$	0.63		$	0.40
Net Income per Share – Diluted	$	0.62		$	0.40
Weighted-Average Number of Shares Outstanding
– Basic	162.6			161.4
– Diluted	163.1			161.7

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

(In Millions, Except Per Share Amounts)	Quarter Ended June 30,
	2013			2012
REVENUES:
Timber	$	146		$	157
Real Estate	53			47
Manufacturing	99			85
Other	5			5
Total Revenues	303			294
COSTS AND EXPENSES:
Cost of Goods Sold:
Timber	108			123
Real Estate	22			16
Manufacturing	82			73
Other	1			1
Total Cost of Goods Sold	213			213
Selling, General and Administrative	29			27
Total Costs and Expenses	242			240
Other Operating Income (Expense), net	1			1
Operating Income	62			55
Equity Earnings from Timberland Venture	17			15
Interest Expense, net:
Interest Expense (Debt Obligations to Unrelated Parties)	20			19
Interest Expense (Note Payable to Timberland Venture)	15			15
Total Interest Expense, net	35			34
Income before Income Taxes	44			36
Provision (Benefit) for Income Taxes	(2		)	—
Net Income	$	46		$	36
PER SHARE AMOUNTS:
Net Income per Share – Basic	$	0.28		$	0.22
Net Income per Share – Diluted	$	0.28		$	0.22
Weighted-Average Number of Shares Outstanding
– Basic	162.9			161.5
– Diluted	163.4			161.7

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

(In Millions, Except Per Share Amounts)	June 30, 2013			December 31, 2012
ASSETS
Current Assets:
Cash and Cash Equivalents	$	355		$	356
Accounts Receivable	40			22
Inventories	49			49
Deferred Tax Asset	8			7
Assets Held for Sale	49			61
Other Current Assets	37			13
	538			508
Timber and Timberlands, net	3,420			3,363
Mineral Rights, net	87			87
Property, Plant and Equipment, net	118			127
Equity Investment in Timberland Venture	208			204
Deferred Tax Asset	19			19
Investment in Grantor Trusts (at Fair Value)	42			39
Other Assets	33			37
Total Assets	$	4,465		$	4,384
LIABILITIES
Current Liabilities:
Current Portion of Long-Term Debt	$	74		$	248
Line of Credit	353			104
Accounts Payable	28			26
Interest Payable	22			26
Wages Payable	15			29
Taxes Payable	13			9
Deferred Revenue	33			23
Other Current Liabilities	10			7
	548			472
Long-Term Debt	1,815			1,815
Note Payable to Timberland Venture	783			783
Other Liabilities	91			91
Total Liabilities	3,237			3,161
Commitments and Contingencies
STOCKHOLDERS’ EQUITY
Preferred Stock, $0.01 Par Value, Authorized Shares – 75.0, Outstanding – None	—			—
Common Stock, $0.01 Par Value, Authorized Shares – 300.6, Outstanding (net of Treasury Stock) – 163.0 at June 30, 2013 and 162.0 at December 31, 2012	2			2
Additional Paid-In Capital	2,328			2,288
Retained Earnings (Accumulated Deficit)	(135		)	(97		)
Treasury Stock, at Cost, Common Shares – 27.0 at June 30, 2013 and 26.9 at December 31, 2012	(940		)	(938		)
Accumulated Other Comprehensive Income (Loss)	(27		)	(32		)
Total Stockholders’ Equity	1,228			1,223
Total Liabilities and Stockholders’ Equity	$	4,465		$	4,384

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

	Six Months Ended June 30,
(In Millions)	2013			2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$	102		$	65
Adjustments to Reconcile Net Income to Net Cash Provided By Operating Activities:
Depreciation, Depletion and Amortization	51			56
Basis of Real Estate Sold	42			75
Equity Earnings from Timberland Venture	(31		)	(28		)
Distributions from Timberland Venture	27			28
Deferred Income Taxes	(1		)	(1		)
Deferred Revenue from Long-Term Gas Leases (Net of Amortization)	(4		)	(5		)
Timber Deed Acquired	(18		)	(98		)
Pension Plan Contributions	—			(7		)
Working Capital Changes	(40		)	(2		)
Other	12			6
Net Cash Provided By (Used In) Operating Activities	140			89
CASH FLOWS FROM INVESTING ACTIVITIES
Capital Expenditures (Excluding Timberland Acquisitions)	(31		)	(35		)
Timberlands Acquired	(78		)	(13		)
Other	—			(1		)
Net Cash Provided By (Used In) Investing Activities	(109		)	(49		)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends	(140		)	(136		)
Borrowings on Line of Credit	721			1,129
Repayments on Line of Credit	(472		)	(1,026		)
Debt Issuance Costs	—			(3		)
Principal Payments and Retirement of Long-Term Debt	(174		)	—
Proceeds from Stock Option Exercises	35			3
Acquisition of Treasury Stock	(2		)	(1		)
Net Cash Provided By (Used In) Financing Activities	(32		)	(34		)
Increase (Decrease) In Cash and Cash Equivalents	(1		)	6
Cash and Cash Equivalents:
Beginning of Period	356			254
End of Period	$	355		$	260

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

	Quarter Ended June 30,
(In Millions)	2013			2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$	46		$	36
Adjustments to Reconcile Net Income to Net Cash Provided By Operating Activities:
Depreciation, Depletion and Amortization	25			29
Basis of Real Estate Sold	17			12
Equity Earnings from Timberland Venture	(17		)	(15		)
Deferred Income Taxes	(2		)	—
Deferred Revenue from Long-Term Gas Leases (Net of Amortization)	(1		)	(3		)
Pension Plan Contributions	—			(7		)
Working Capital Changes Impacting Cash Flow:
Like-Kind Exchange Funds	53			—
Other Working Capital Changes	12			28
Other	6			3
Net Cash Provided By (Used In) Operating Activities	139			83
CASH FLOWS FROM INVESTING ACTIVITIES
Capital Expenditures (Excluding Timberland Acquisitions)	(17		)	(17		)
Timberlands Acquired	(76		)	(11		)
Net Cash Provided By (Used In) Investing Activities	(93		)	(28		)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends	(72		)	(68		)
Borrowings on Line of Credit	430			370
Repayments on Line of Credit	(355		)	(370		)
Proceeds from Stock Option Exercises	10			—
Net Cash Provided By (Used In) Financing Activities	13			(68		)
Increase (Decrease) In Cash and Cash Equivalents	59			(13		)
Cash and Cash Equivalents:
Beginning of Period	296			273
End of Period	$	355		$	260

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

SEGMENT DATA

(UNAUDITED)

	Six Months Ended June 30,
(In Millions)	2013			2012
Revenues:
Northern Resources	$	127		$	120
Southern Resources	202			202
Real Estate	131			147
Manufacturing	185			161
Other	11			11
Eliminations	(13		)	(10		)
Total Revenues	$	643		$	631
Operating Income (Loss):
Northern Resources	$	19		$	10
Southern Resources	47			43
Real Estate	75			59
Manufacturing	24			13
Other	9			9
Other Costs and Eliminations, net	(34		)	(29		)
Total Operating Income	$	140		$	105
Adjusted EBITDA by Segment: (A)
Northern Resources	$	31		$	23
Southern Resources	75			76
Real Estate	117			135
Manufacturing	32			20
Other	10			9
Other Costs and Eliminations, net	(33		)	(29		)
Total	$	232		$	234

(A) Refer to the separate schedule, "Segment Data - Adjusted EBITDA" for reconciliations of Adjusted EBITDA to operating income and net cash provided by operating activities.

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

SEGMENT DATA

(UNAUDITED)

	Quarter Ended June 30,
(In Millions)	2013			2012
Revenues:
Northern Resources	$	53		$	56
Southern Resources	98			105
Real Estate	53			47
Manufacturing	99			85
Other	5			5
Eliminations	(5		)	(4		)
Total Revenues	$	303		$	294
Operating Income (Loss):
Northern Resources	$	8		$	4
Southern Resources	23			22
Real Estate	30			29
Manufacturing	14			9
Other	4			4
Other Costs and Eliminations, net	(17		)	(13		)
Total Operating Income	$	62		$	55
Adjusted EBITDA by Segment: (A)
Northern Resources	$	13		$	10
Southern Resources	37			40
Real Estate	47			42
Manufacturing	18			12
Other	5			4
Other Costs and Eliminations, net	(16		)	(13		)
Total	$	104		$	95

(A) Refer to the separate schedule, "Segment Data - Adjusted EBITDA" for reconciliations of Adjusted EBITDA to operating income and net cash provided by operating activities.

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

SELECTED OPERATING STATISTICS

(UNAUDITED)

		2013
		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Sales Realization	Units
Southern Resources
Sawlog	$/Ton Stumpage	$	21	$	21	$	—			$	21
Pulpwood	$/Ton Stumpage	$	11	$	11	$	—			$	11
Northern Resources
Sawlog	$/Ton Delivered	$	77	$	79	$	—			$	78
Pulpwood	$/Ton Delivered	$	43	$	42	$	—			$	42
Lumber (1)	$/MBF	$	568	$	544	$	—			$	555
Plywood (1)	$/MSF	$	462	$	464	$	—			$	463
Fiberboard (1)	$/MSF	$	639	$	668	$	—			$	655
Sales Volume
Southern Resources
Sawlog	1,000 Tons	1,339		1,276		—				2,615
Pulpwood	1,000 Tons	1,771		1,688		—				3,459
Total Harvest		3,110		2,964		—		—		6,074
Northern Resources
Sawlog	1,000 Tons	704		581		—				1,285
Pulpwood	1,000 Tons	414		209		—				623
Total Harvest		1,118		790		—		—		1,908
Lumber	MBF	30,535		36,770		—				67,305
Plywood	MSF	46,905		48,364		—				95,269
Fiberboard	MSF	52,329		60,273		—				112,602
		2012
		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Sales Realization	Units
Southern Resources
Sawlog	$/Ton Stumpage	$	19	$	20	$	20	$	20	$	20
Pulpwood	$/Ton Stumpage	$	10	$	10	$	10	$	11	$	10
Northern Resources
Sawlog	$/Ton Delivered	$	67	$	71	$	69	$	68	$	69
Pulpwood	$/Ton Delivered	$	42	$	42	$	42	$	42	$	42
Lumber (1)	$/MBF	$	529	$	551	$	525	$	521	$	532
Plywood (1)	$/MSF	$	387	$	409	$	432	$	450	$	419
Fiberboard (1)	$/MSF	$	607	$	620	$	636	$	634	$	625
Sales Volume
Southern Resources
Sawlog	1,000 Tons	1,340		1,533		1,533		1,333		5,739
Pulpwood	1,000 Tons	1,842		1,933		2,151		2,084		8,010
Total Harvest		3,182		3,466		3,684		3,417		13,749
Northern Resources
Sawlog	1,000 Tons	656		632		679		634		2,601
Pulpwood	1,000 Tons	452		316		441		377		1,586
Total Harvest		1,108		948		1,120		1,011		4,187
Lumber	MBF	30,199		30,340		27,645		27,158		115,342
Plywood	MSF	53,301		51,397		48,984		45,674		199,356
Fiberboard	MSF	44,701		52,475		54,992		47,314		199,482

(1) Represents prices at mill level.

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

LAND SALE STATISTICS

(UNAUDITED)

	2013
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Acres Sold
Small Non-strategic	5,685		17,130						22,815
Large Non-strategic (1)	36,000		—						36,000
Conservation	970		17,525						18,495
HBU/Recreation	7,595		9,825						17,420
Development Properties	—		—						—
Conservation Easements	n/a		n/a						n/a
	50,250		44,480		—		—		94,730
Price per Acre
Small Non-strategic	$	1,230	$	1,185					$	1,195
Large Non-strategic	$	1,475	$	—					$	1,475
Conservation	$	2,580	$	835					$	925
HBU/Recreation	$	2,015	$	1,925					$	1,960
Development Properties	$	—	$	—					$	—
Conservation Easements	$	—	$	—					$	—
Revenue, ($ millions)
Small Non-strategic	$	7	$	20					$	27
Large Non-strategic	$	53	$	—					$	53
Conservation	$	3	$	14					$	17
HBU/Recreation	$	15	$	19					$	34
Development Properties	$	—	$	—					$	—
Conservation Easements	$	—	$	—					$	—
	$	78	$	53	$	—	$	—	$	131
Proceeds from Real Estate Joint Venture (3)	$	—	$	—					$	—
Basis of Real Estate Sold (4)	$	25	$	17					$	42
	2012
	1st Qtr		2nd Qtr (2)		3rd Qtr		4th Qtr		YTD
Acres Sold
Small Non-strategic	4,385		17,870		5,750		17,115		45,120
Large Non-strategic (1)	69,770		—		99,800		16,600		186,170
Conservation	1,145		1,320		5,400		3,565		11,430
HBU/Recreation	4,030		6,720		5,410		9,735		25,895
Development Properties	—		—		—		—		—
Conservation Easements	n/a		n/a		n/a		n/a		n/a
	79,330		25,910		116,360		47,015		268,615
Price per Acre
Small Non-strategic	$	1,115	$	1,165	$	1,455	$	1,365	$	1,270
Large Non-strategic	$	1,210	$	—	$	675	$	3,510	$	1,130
Conservation	$	1,560	$	2,315	$	905	$	2,260	$	1,555
HBU/Recreation	$	2,140	$	1,955	$	2,100	$	1,940	$	2,000
Development Properties	$	—	$	—	$	—	$	—	$	—
Conservation Easements	$	—	$	28	$	—	$	—	$	28
Revenue, ($ millions)
Small Non-strategic	$	5	$	21	$	8	$	24	$	58
Large Non-strategic	$	84	$	—	$	67	$	58	$	209
Conservation	$	2	$	3	$	5	$	8	$	18
HBU/Recreation	$	9	$	13	$	11	$	19	$	52
Development Properties	$	—	$	—	$	—	$	—	$	—
Conservation Easements	$	—	$	10	$	—	$	—	$	10
	$	100	$	47	$	91	$	109	$	347
Proceeds from Real Estate Joint Venture (3)	$	—	$	—	$	5	$	—	$	5
Basis of Real Estate Sold (4)	$	63	$	12	$	36	$	27	$	138

Exhibit 99.2

Plum Creek Timber Company, Inc.

Notes to Land Sale Statistics

(Unaudited)

(1) During the first quarter of 2013, the company sold 36,000 acres of Large Non-strategic lands located in Texas and Oklahoma for $52.7 million. During the first quarter of 2012, the company sold 69,800 acres of Large Non-strategic lands located in the Florida panhandle area for $84.5 million. During the third quarter of 2012, the company sold 99,800 acres of Large Non-strategic lands located in Wisconsin for $67.1 million. During the fourth quarter of 2012, the company sold 16,600 acres of Large Non-strategic lands located in Oregon for $58.2 million.

(2) During the second quarter of 2012, the company received $10 million in exchange for placing a conservation easement on approximately 360,000 acres in Maine.

(3) Not reflected in the land sale statistics (acres sold, price per acre and revenue).

(4) Includes $18 million in the first quarter of 2013 from a 36,000 acre Large Non-strategic sale located in Texas and Oklahoma, $58 million in the first quarter of 2012 from a 69,800 acre Large Non-strategic sale located primarily in the Florida panhandle area, $26 million in the third quarter of 2012 from a 99,800 acre Large Non-strategic sale in Wisconsin and $12 million in the fourth quarter of 2012 from a 16,600 acre Large Non-strategic sale in Oregon.

Exhibit 99.2

PLUM CREEK TIMBER COMPANY, INC.

DEBT MATURITIES SCHEDULE

June 30, 2013

(UNAUDITED)

	Borrowings
	Principal		Weighted Avg. Interest Rate
Quarterly Maturities through 2013:
4th Qtr 2013	$	76	7.773	%	(1)
Annual Maturities through 2015:
2014	$	3	8.050	%
2015	$	462	5.891	%	(2)

(1) Principal amount composed of senior notes with principal amounts of $3 million and $73 million and interest rates of 8.050% and 7.760%, respectively.

(2) Principal amount composed of senior notes with principal amounts of $4 million and $458 million and interest rates of 8.050% and 5.875%, respectively.

Exhibit 99.2

Plum Creek Timber Company, Inc.

Segment Data - Adjusted EBITDA

Reconciliation of Operating Income and Net Cash

Provided by Operating Activities

(Unaudited)

We define Adjusted EBITDA as earnings from continuing operations, excluding equity method earnings, and before interest, taxes, depreciation, depletion, amortization, and basis in lands sold. Adjusted EBITDA is not considered a measure of financial performance under U.S. generally accepted accounting principles (U.S. GAAP) and the items excluded from Adjusted EBITDA are significant components of our consolidated financial statements.

We present Adjusted EBITDA as a supplemental performance measure because we believe it facilitates operating performance comparisons from period to period, and each business segment’s contribution to that performance, by eliminating non-cash charges to earnings, which can vary significantly by business segment. These non-cash charges include timber depletion, depreciation of fixed assets and the basis in lands sold. We also use Adjusted EBITDA as a supplemental liquidity measure because we believe it is useful in measuring our ability to generate cash. In addition, we believe Adjusted EBITDA is commonly used by investors, lenders and rating agencies to assess our financial performance.

A reconciliation of Adjusted EBITDA to net income and net cash from operating activities, the most directly comparable U.S. GAAP performance and liquidity measures, is provided in the following schedules:

	Six Months Ended June 30, 2013
	Operating Income			Depreciation, Depletion and Amortization		Basis of Real Estate Sold		Adjusted EBITDA
By Segment
Northern Resources	$	19		$	12	$	—	$	31
Southern Resources	47			28		—		75
Real Estate	75			—		42		117
Manufacturing	24			8		—		32
Other	9			1		—		10
Other Costs and Eliminations	(35		)	1		—		(34		)
Other Unallocated Operating Income (Expense), net	1			—		—		1
Total	$	140		$	50	$	42	$	232
Reconciliation to Net Income(1)
Equity Earnings from Timberland Venture	31
Interest Expense	(70		)
(Provision) Benefit for Income Taxes	1
Net Income	$	102
Reconciliation to Net Cash Provided By Operating Activities
Net Cash Flows from Operations								$	140
Interest Expense								70
Amortization of Debt Costs								(1		)
Provision / (Benefit) for Income Taxes								(1		)
Distributions from Timberland Venture								(27		)
Deferred Income Taxes								1
Gain on Sale of Properties and Other Assets								—
Deferred Revenue from Long-Term Gas Leases								4
Timber Deed Acquired								18
Pension Plan Contributions								—
Working Capital Changes								40
Other								(12		)
Adjusted EBITDA								$	232

(1) Includes reconciling items not allocated to segments for financial reporting purposes.

Exhibit 99.2

	Six Months Ended June 30, 2012
	Operating Income			Depreciation, Depletion and Amortization		Basis of Real Estate Sold		Adjusted EBITDA
By Segment
Northern Resources	$	10		$	13	$	—	$	23
Southern Resources	43			33		—		76
Real Estate	59			1		75		135
Manufacturing	13			7		—		20
Other	9			—		—		9
Other Costs and Eliminations	(30		)	—		—		(30		)
Other Unallocated Operating Income (Expense), net	1			—		—		1
Total	$	105		$	54	$	75	$	234
Reconciliation to Net Income(1)
Equity Earnings from Timberland Venture	28
Interest Expense	(69		)
(Provision) Benefit for Income Taxes	1
Net Income	$	65
Reconciliation to Net Cash Provided By Operating Activities
Net Cash Flows from Operations								$	89
Interest Expense								69
Amortization of Debt Costs								(2		)
Provision / (Benefit) for Income Taxes								(1		)
Distributions from Timberland Venture								(28		)
Deferred Income Taxes								1
Gain on Sale of Properties and Other Assets								—
Deferred Revenue from Long-Term Gas Leases								5
Timber Deed Acquired								98
Pension Plan Contributions								7
Working Capital Changes								2
Other								(6		)
Adjusted EBITDA								$	234

(1) Includes reconciling items not allocated to segments for financial reporting purposes.

Exhibit 99.2

	Quarter Ended June 30, 2013
	Operating Income			Depreciation, Depletion and Amortization		Basis of Real Estate Sold		Adjusted EBITDA
By Segment
Northern Resources	$	8		$	5	$	—	$	13
Southern Resources	23			14		—		37
Real Estate	30			—		17		47
Manufacturing	14			4		—		18
Other	4			1		—		5
Other Costs and Eliminations	(18		)	1		—		(17		)
Other Unallocated Operating Income (Expense), net	1			—		—		1
Total	$	62		$	25	$	17	$	104
Reconciliation to Net Income(1)
Equity Earnings from Timberland Venture	17
Interest Expense	(35		)
(Provision) Benefit for Income Taxes	2
Net Income	$	46
Reconciliation to Net Cash Provided By Operating Activities
Net Cash Flows from Operations								$	139
Interest Expense								35
Amortization of Debt Costs								—
Provision / (Benefit) for Income Taxes								(2		)
Distributions from Timberland Venture								—
Deferred Income Taxes								2
Gain on Sale of Properties and Other Assets								—
Deferred Revenue from Long-Term Gas Leases								1
Timber Deed Acquired								—
Pension Plan Contributions								—
Working Capital Changes								(65		)
Other								(6		)
Adjusted EBITDA								$	104

(1) Includes reconciling items not allocated to segments for financial reporting purposes.

Exhibit 99.2

	Quarter Ended June 30, 2012
	Operating Income			Depreciation, Depletion and Amortization		Basis of Real Estate Sold		Adjusted EBITDA
By Segment
Northern Resources	$	4		$	6	$	—	$	10
Southern Resources	22			18		—		40
Real Estate	29			1		12		42
Manufacturing	9			3		—		12
Other	4			—		—		4
Other Costs and Eliminations	(14		)	—		—		(14		)
Other Unallocated Operating Income (Expense), net	1			—		—		1
Total	$	55		$	28	$	12	$	95
Reconciliation to Net Income(1)
Equity Earnings from Timberland Venture	15
Interest Expense	(34		)
(Provision) Benefit for Income Taxes	—
Net Income	$	36
Reconciliation to Net Cash Provided By Operating Activities
Net Cash Flows from Operations								$	83
Interest Expense								34
Amortization of Debt Costs								(1		)
Provision / (Benefit) for Income Taxes								—
Distributions from Timberland Venture								—
Deferred Income Taxes								—
Gain on Sale of Properties and Other Assets								—
Deferred Revenue from Long-Term Gas Leases								3
Timber Deed Acquired								—
Pension Plan Contributions								7
Working Capital Changes								(28		)
Other								(3		)
Adjusted EBITDA								$	95

(1) Includes reconciling items not allocated to segments for financial reporting purposes.