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BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2014
BUSINESS SEGMENTS
BUSINESS SEGMENTS
Our business segments and how we account for those segments are discussed in Note 1: Summary of Significant Accounting Policies. This note provides key financial data by business segment.
DISCONTINUED OPERATIONS
We have disposed of Weyerhaeuser Real Estate Company (WRECO) that is excluded from the segment results below. See Note 3: Discontinued Operations for information regarding our discontinued operations and the segments affected.
KEY FINANCIAL DATA BY BUSINESS SEGMENT
Sales and Contribution (Charge) to Earnings
DOLLAR AMOUNTS IN MILLIONS
  
TIMBERLANDS

WOOD
PRODUCTS

CELLULOSE
FIBERS

UNALLOCATED ITEMS(1) AND INTERSEGMENT ELIMINATIONS

CONSOLIDATED

Sales to unaffiliated customers
2014
$
1,497

$
3,970

$
1,936

$
—

$
7,403

2013
$
1,343

$
4,009

$
1,902

$
—

$
7,254

2012
$
1,077

$
3,058

$
1,854

$
—

$
5,989

Intersegment sales
2014
$
867

$
80

$
—

$
(947
)
$
—

2013
$
799

$
71

$
—

$
(870
)
$
—

2012
$
683

$
74

$
—

$
(757
)
$
—

Contribution (charge) to earnings from continuing operations
2014
$
613

$
327

$
291

$
126

$
1,357

2013
$
470

$
441

$
200

$
(422
)
$
689

2012
$
322

$
120

$
223

$
2

$
667

(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.

Management evaluates segment performance based on the contributions to earnings of the respective segments. An analysis and reconciliation of our business segment information to the consolidated financial statements follows:
Reconciliation of Contribution to Earnings to Net Earnings Attributable to Weyerhaeuser
DOLLAR AMOUNTS IN MILLIONS
  
2014

2013

2012

Net contribution to earnings from continuing operations
$
1,357

$
689

$
667

Net contribution to earnings from discontinued operations
1,017

116

121

Total contribution to earnings
2,374

805

788

Interest expense, net of capitalized interest (continuing and discontinued operations)
(347
)
(371
)
(348
)
Income before income taxes (continuing and discontinued operations)
2,027

434

440

Income taxes (continuing and discontinued operations)
(201
)
129

(55
)
Net earnings attributable to Weyerhaeuser
$
1,826

$
563

$
385


 
Additional Financial Information
DOLLAR AMOUNTS IN MILLIONS
  
TIMBERLANDS

WOOD
PRODUCTS

CELLULOSE
FIBERS

UNALLOCATED
ITEMS

CONSOLIDATED

Depreciation, depletion and amortization
2014
$
207

$
119

$
155

$
12

$
493

2013
$
166

$
123

$
156

$
13

$
458

2012
$
142

$
133

$
150

$
19

$
444

Net pension and postretirement cost (credit)(1)
2014
$
10

$
24

$
11

$
(45
)
$
—

2013
$
10

$
28

$
18

$
40

$
96

2012
$
8

$
25

$
14

$
29

$
76

Charges for restructuring, closures and impairments(2)
2014
$
1

$
2

$
—

$
41

$
44

2013
$
2

$
13

$
—

$
362

$
377

2012
$
2

$
6

$
—

$
18

$
26

Equity in income (loss) of equity affiliates and unconsolidated entities
2014
$
—

$
—

$
(1
)
$
(1
)
$
(2
)
2013
$
—

$
—

$
3

$
8

$
11

2012
$
—

$
—

$
5

$
(3
)
$
2

Capital expenditures
2014
$
74

$
190

$
123

$
4

$
391

2013
$
73

$
113

$
92

$
5

$
283

2012
$
60

$
56

$
160

$
5

$
281

Investments in and advances to equity affiliates and unconsolidated entities
2014
$
—

$
—

$
188

$
—

$
188

2013
$
—

$
—

$
190

$
—

$
190

2012
$
—

$
—

$
191

$
1

$
192

Total assets(3)(4)
2014
$
7,327

$
1,430

$
2,214

$
2,486

$
13,457

2013
$
7,578

$
1,326

$
2,299

$
3,374

$
14,577

2012
$
4,697

$
1,319

$
2,386

$
4,190

$
12,592

(1) Net pension and postretirement cost (credit) excludes special items, as well as the recognition of curtailments, settlements and special termination benefits due to closures, restructuring or divestitures. See Note 9: Pension and Other Postretirement Benefit Plans for more information.
(2)   See Note 18: Charges for Restructuring, Closures and Asset Impairments for more information
(3) Timberlands total assets increased primarily due to the acquisition of Longview Timber. See Note 4: Longview Timber Purchase for more information.
(4) Unallocated Items total assets includes assets of discontinued operations in 2013 and 2012.