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SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)
SELECTED QUARTERLY FINANCIAL INFORMATION (unaudited)
Quarterly financial data provides a review of our results and performance throughout the year. Our earnings per share for the full year do not always equal the sum of the four quarterly earnings-per share amounts because of common share activity during the year.
Key Quarterly Financial Data for the Last Two Years
DOLLAR AMOUNTS IN MILLIONS EXCEPT PER-SHARE FIGURES
  
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter(1)
Full Year
2013:
 
 
 
 
 
Net sales
$
1,951

$
2,141

$
2,181

$
2,256

$
8,529

Operating income (loss)
$
256

$
311

$
277

$
(97
)
$
747

Earnings (loss) from continuing operations before income taxes
$
185

$
240

$
203

$
(194
)
$
434

Net earnings
$
144

$
198

$
167

$
54

$
563

Net earnings attributable to Weyerhaeuser common shareholders
$
144

$
196

$
157

$
43

$
540

Basic net earnings per share attributable to Weyerhaeuser common shareholders
$
0.26

$
0.35

$
0.27

$
0.07

$
0.95

Diluted net earnings per share attributable to Weyerhaeuser common shareholders
$
0.26

$
0.35

$
0.27

$
0.07

$
0.95

Dividends paid per share
$
0.17

$
0.20

$
0.22

$
0.22

$
0.81

Market prices - high/low
$31.74 - $28.36

$33.24 - $26.38

$29.86 - $26.64

$32.00 - $28.01

$33.24 - $26.38

2012:
 
 
 
 
 
Net sales
$
1,494

$
1,793

$
1,772

$
2,000

$
7,059

Operating income
$
101

$
176

$
202

$
256

$
735

Earnings from continuing operations before income taxes
$
26

$
101

$
130

$
182

$
439

Net earnings
$
41

$
84

$
117

$
142

$
384

Net earnings attributable to Weyerhaeuser common shareholders
$
41

$
84

$
117

$
143

$
385

Basic net earnings per share attributable to Weyerhaeuser common shareholders
$
0.08

$
0.16

$
0.22

$
0.26

$
0.71

Diluted net earnings per share attributable to Weyerhaeuser common shareholders
$
0.08

$
0.16

$
0.22

$
0.26

$
0.71

Dividends paid per share
$
0.15

$
0.15

$
0.15

$
0.17

$
0.62

Market prices - high/low
$22.36 - $18.50

$22.36 - $18.60

$28.06 - $21.87

$28.82 - $24.75

$28.82 - $18.50

(1) Fourth Quarter 2013 includes a $356 million non-cash impairment charge. See Note 20: Charges for Restructuring, Closures and Asset Impairments for more information.