CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operations:
Net earnings	$ 125	$ 109
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization	226	243
Deferred income taxes, net	7	26
Pension and other postretirement benefits (Note 10)	(58)	43
Share-based compensation expense	18	17
Charges for impairment of assets	12	3
Net gains on dispositions of assets	(17)	(176)
Foreign exchange transaction (gains) losses (Note 6)	2	(8)
Change in:
Receivables less allowances	(23)	(69)
Receivable for taxes	16	(27)
Inventories	(12)	(31)
Real estate and land	(48)	(34)
Prepaid expenses	(20)	(14)
Accounts payable and accrued liabilities	9	(23)
Deposits on land positions and other assets	22	(4)
Pension and postretirement contributions	(68)	(37)
Other	16	9
Net cash from operations	207	27
Cash flows from investing activities:
Property and equipment	(122)	(74)
Timberlands reforestation	(17)	(19)
Proceeds from sale of assets	24	196
Other	0	(5)
Cash from investing activities	(115)	98
Cash flows from financing activities:
Cash dividends	(161)	(161)
Change in book overdrafts	(20)	(18)
Payments on debt	(6)	(550)
Exercises of stock options	7	37
Other	(4)	(19)
Cash from financing activities	(184)	(711)
Net change in cash and cash equivalents	(92)	(586)
Cash and cash equivalents at beginning of period	953	1,467
Cash and cash equivalents at end of period	861	881
Cash paid (received) during the period for:
Interest, net of amount capitalized of $11 and $17	168	247
Income taxes	$ (15)	$ 15