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BUSINESS SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2012
Reconciliation of Revenue from Segments to Consolidated
An analysis and reconciliation of our business segment information to the respective information in the Consolidated Financial Statements is as follows:
 
QUARTER ENDED
 
YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS    
SEPTEMBER 2012
 
SEPTEMBER 2011
 
SEPTEMBER 2012
 
SEPTEMBER 2011
Sales to and revenues from unaffiliated customers:
 
 
 
 
 
 
 
Timberlands
$
267

 
$
252

 
$
779

 
$
770

Wood Products
816

 
603

 
2,226

 
1,734

Cellulose Fibers
459

 
503

 
1,391

 
1,535

Real Estate
230

 
211

 
663

 
562

 
1,772

 
1,569

 
5,059

 
4,601

Intersegment sales:
 
 
 
 
 
 
 
Timberlands
162

 
154

 
498

 
479

Wood Products
18

 
20

 
58

 
61

 
180

 
174

 
556

 
540

Total sales and revenues
1,952


1,743

 
5,615

 
5,141

Intersegment eliminations
(180
)
 
(174
)
 
(556
)
 
(540
)
Total
$
1,772

 
$
1,569

 
$
5,059

 
$
4,601

Net contribution to earnings from continuing operations:
 
 
 
 
 
 
 
Timberlands
$
80

 
$
61

 
$
227

 
$
420

Wood Products
59

 
(80
)
 
82

 
(166
)
Cellulose Fibers
78

 
139

 
162

 
316

Real Estate
17

 
10

 
24

 
17

 
234

 
130

 
495

 
587

Unallocated Items(1)
(17
)
 
(15
)
 
22

 
(89
)
Net contribution to earnings from discontinued operations

 
37

 

 
20

Net contribution to earnings
217

 
152

 
517

 
518

Interest expense, net of capitalized interest
(87
)
 
(86
)
 
(260
)
 
(296
)
Income before income taxes (continuing and discontinued operations)
130

 
66

 
257

 
222

Income taxes (continuing and discontinued operations)
(13
)
 
91

 
(15
)
 
44

Net earnings attributable to Weyerhaeuser common shareholders
$
117

 
$
157

 
$
242

 
$
266


(1)
Unallocated Items are gains or charges not related to or allocated to an individual operating segment. They include a portion of items such as: share-based compensation; pension and postretirement costs; foreign exchange transaction gains and losses associated with financing; and the elimination of intersegment profit in inventory and the LIFO reserve.