CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operations:
Net earnings	$ 342	$ 125
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization	223	226
Deferred income taxes, net	49	7
Pension and other postretirement benefits (Note 5)	52	(58)
Share-based compensation expense	22	18
Charges for impairment of assets	3	12
Net gains on dispositions of assets(1)	(21)	(17)
Foreign exchange transaction losses (Note 12)	8	2
Change in:
Receivables less allowances	(120)	(23)
Receivable for taxes	52	16
Inventories	(36)	(12)
Real estate and land	(121)	(48)
Prepaid expenses	(14)	(20)
Accounts payable and accrued liabilities	(32)	9
Deposits on land positions and other assets	(10)	22
Pension and postretirement contributions / benefit payments	(69)	(68)
Other	(15)	16
Net cash from operations	313	207
Cash flows from investing activities:
Property and equipment	(82)	(122)
Timberlands reforestation	(21)	(17)
Proceeds from sale of assets	14	24
Net proceeds of investments held by special purpose entities (Note 6)	22	0
Other	(4)	0
Cash from investing activities	(71)	(115)
Cash flows from financing activities:
Net proceeds from issuance of common shares(2) (Note 14)	781	0
Net proceeds from issuance of preference shares(2) (Note 14)	669	0
Cash dividends on common shares	(202)	(161)
Change in book overdrafts	7	(20)
Payments on debt	(177)	(6)
Exercises of stock options	132	7
Other	12	(4)
Cash from financing activities	1,222	(184)
Net change in cash and cash equivalents	1,464	(92)
Cash and cash equivalents at beginning of period	898	953
Cash and cash equivalents at end of period	2,362	861
Cash paid (received) during the period for:
Interest, net of amount capitalized of $10 and $11	166	168
Income taxes	$ (6)	$ (15)