LONGVIEW TIMBER PURCHASE

9 Months Ended

Sep. 30, 2014

Business Combinations [Abstract]

LONGVIEW TIMBER PURCHASE

LONGVIEW TIMBER PURCHASE

On July 23, 2013, we purchased 100 percent of the equity interests in Longview Timber LLC (Longview Timber) for $1.58 billion cash and assumed debt of $1.07 billion, for an aggregate purchase price of $2.65 billion. Longview Timber was a privately-held Delaware limited liability company engaged in the ownership and management of approximately 645,000 acres of timberlands in Oregon and Washington. We believe Longview Timber has productive lands with favorable age class distribution that have and continue to provide us with optionality for harvest. Earnings, assets and liabilities from this business are reported as part of the Timberlands segment beginning in third quarter 2013.

Summarized unaudited pro forma information that presents combined amounts as if this acquisition occurred at the beginning of 2013, is as follows:

	QUARTER ENDED		YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS, EXCEPT PER-SHARE FIGURES	SEPTEMBER 2013		SEPTEMBER 2013
Net sales	$	1,867	$	5,603
Net earnings from continuing operations attributable to Weyerhaeuser common shareholders	$	132	$	478
Earnings from continuing operations per share attributable to Weyerhaeuser common shareholders, basic and diluted	$	0.22	$	0.82