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BUSINESS SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2014
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 2014
 
SEPTEMBER 2013
 
SEPTEMBER 2014
 
SEPTEMBER 2013
Sales to unaffiliated customers:
 
 
 
 
 
 
 
Timberlands
$
364

 
$
353

 
$
1,138

 
$
979

Wood Products
1,048

 
1,030

 
3,023

 
3,083

Cellulose Fibers
503

 
474

 
1,454

 
1,424

 
1,915

 
1,857

 
5,615

 
5,486

Intersegment sales:
 
 
 
 
 
 
 
Timberlands
218

 
194

 
642

 
584

Wood Products
20

 
19

 
60

 
55

 
238

 
213

 
702

 
639

Total sales
2,153


2,070

 
6,317

 
6,125

Intersegment eliminations
(238
)
 
(213
)
 
(702
)
 
(639
)
Total
$
1,915

 
$
1,857

 
$
5,615

 
$
5,486

Net contribution to earnings:
 
 
 
 
 
 
 
Timberlands
$
136

 
$
118

 
$
470

 
$
336

Wood Products
105

 
79

 
271

 
393

Cellulose Fibers
59

 
47

 
204

 
135

 
300

 
244

 
945

 
864

Unallocated Items(1)
25

 
20

 
108

 
(36
)
Net contribution to earnings from discontinued operations
972

 
34

 
1,017

 
58

Net contribution to earnings
1,297


298

 
2,070

 
886

Interest expense, net of capitalized interest (continuing and discontinued operations)
(89
)
 
(95
)
 
(257
)
 
(258
)
Income before income taxes (continuing and discontinued operations)
1,208

 
203

 
1,813

 
628

Income taxes (continuing and discontinued operations)
(44
)
 
(36
)
 
(164
)
 
(119
)
Net earnings
1,164

 
167

 
1,649

 
509

Dividends on preference shares
(11
)
 
(10
)
 
(33
)
 
(12
)
Net earnings attributable to Weyerhaeuser common shareholders
$
1,153

 
$
157

 
$
1,616

 
$
497


(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 outstanding borrowings and the elimination of intersegment profit in inventory and the LIFO reserve.