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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 861 $ 953
Total assets 12,475 12,598
Liabilities    
Commitments and contingencies (Note 12)      
Total liabilities 8,278 8,331
Weyerhaeuser shareholders' interest:    
Common shares: $1.25 par value; authorized 1,360,000,000 shares; issued and outstanding: 537,526,343 and 536,425,400 shares 672 671
Other capital 4,620 4,595
Retained earnings 132 176
Cumulative other comprehensive loss (Note 11) (1,238) (1,179)
Total Weyerhaeuser shareholders' interest 4,186 4,263
Noncontrolling interests 11 4
Total equity 4,197 4,267
Total liabilities and equity 12,475 12,598
Forest Products:
   
Assets    
Cash and cash equivalents 857 950
Receivables, less allowances of $4 and $6 494 490
Inventories (Note 7) 487 476
Prepaid expenses 86 68
Deferred tax assets 100 81
Total current assets 2,024 2,065
Property and equipment, less accumulated depreciation of $6,693 and $6,550 2,770 2,901
Construction in progress 208 145
Timber and timberlands at cost, less depletion charged to disposals 3,963 3,978
Investments in and advances to equity affiliates 187 192
Goodwill 40 40
Other assets 435 444
Restricted assets held by special purpose entities 916 916
Total assets 10,543 10,681
Liabilities    
Current maturities of long-term debt (Note 9) 184 12
Accounts payable 360 336
Accrued liabilities (Note 8) 576 593
Total current liabilities 1,120 941
Long-term debt (Note 9) 4,005 4,181
Long-term debt (Note 9) 4,189 4,193
Deferred income taxes 92 93
Deferred pension and other postretirement benefits 1,429 1,467
Other liabilities 400 408
Liabilities (nonrecourse to Weyerhaeuser) held by special purpose entities 778 776
Total liabilities 7,824 7,866
Real Estate:
   
Assets    
Cash and cash equivalents 4 3
Receivables, less discounts and allowances of $6 and $2 38 41
Real estate in process of development and for sale 581 555
Land being processed for development 959 936
Investments in and advances to equity affiliates 20 21
Deferred tax assets 238 240
Other assets 89 113
Consolidated assets not owned 3 8
Total assets 1,932 1,917
Liabilities    
Long-term debt (Note 9) 283 285
Other liabilities 171 172
Consolidated liabilities not owned 0 8
Total liabilities $ 454 $ 465