XML 154 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 1,580us-gaap_CashAndCashEquivalentsAtCarryingValue $ 830us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables, less discounts and allowances of $3 and $4 525us-gaap_ReceivablesNetCurrent 518us-gaap_ReceivablesNetCurrent
Receivables for taxes 25us-gaap_IncomeTaxesReceivable 101us-gaap_IncomeTaxesReceivable
Inventories (Note 6) 595us-gaap_InventoryNet 542us-gaap_InventoryNet
Prepaid expenses 80us-gaap_PrepaidExpenseCurrent 117us-gaap_PrepaidExpenseCurrent
Deferred tax assets (Note 20) 228us-gaap_DeferredTaxAssetsNetCurrent 130us-gaap_DeferredTaxAssetsNetCurrent
Current assets of discontinued operations (Note 3) 0us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 88us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current assets 3,033us-gaap_AssetsCurrent 2,326us-gaap_AssetsCurrent
Property and equipment, less accumulated depreciation of $6,324 and $6,327 (Note 7) 2,623us-gaap_PropertyPlantAndEquipmentNet 2,689us-gaap_PropertyPlantAndEquipmentNet
Construction in progress 131us-gaap_ConstructionInProgressGross 112us-gaap_ConstructionInProgressGross
Timber and timberlands at cost, less depletion charged to disposals 6,530us-gaap_TimberAndTimberlands 6,580us-gaap_TimberAndTimberlands
Investments in and advances to equity affiliates (Note 8) 188us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 190us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Goodwill 40us-gaap_Goodwill 42us-gaap_Goodwill
Deferred tax assets (Note 20) 8us-gaap_DeferredTaxAssetsNetNoncurrent 5us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 289us-gaap_OtherAssets 324us-gaap_OtherAssets
Restricted financial investments held by variable interest entities (Note 10) 615us-gaap_RestrictedInvestmentsNoncurrent 615us-gaap_RestrictedInvestmentsNoncurrent
Noncurrent assets of discontinued operations (Note 3) 0us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent 1,694us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
Total assets 13,457us-gaap_Assets 14,577us-gaap_Assets
Liabilities    
Notes payable 0us-gaap_NotesPayableCurrent 2us-gaap_NotesPayableCurrent
Accounts payable 331us-gaap_AccountsPayableCurrent 343us-gaap_AccountsPayableCurrent
Accrued liabilities (Note 11) 587us-gaap_AccruedLiabilitiesCurrent 629us-gaap_AccruedLiabilitiesCurrent
Current liabilities of discontinued operations (Note 3) 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 154us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 918us-gaap_LiabilitiesCurrent 1,128us-gaap_LiabilitiesCurrent
Long-term debt (Notes 13 and 14) 4,891us-gaap_LongTermDebtNoncurrent 4,891us-gaap_LongTermDebtNoncurrent
Long-term debt (nonrecourse to the company) held by variable interest entities (Note 10) 511us-gaap_NonRecourseDebt 511us-gaap_NonRecourseDebt
Deferred income taxes (Note 20) 206us-gaap_DeferredTaxLiabilitiesNoncurrent 285us-gaap_DeferredTaxLiabilitiesNoncurrent
Deferred pension and other postretirement benefits (Note 9) 1,319us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent 516us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
Other liabilities 308us-gaap_OtherLiabilities 382us-gaap_OtherLiabilities
Noncurrent liabilities of discontinued operations (Note 3) 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent 32us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
Total liabilities 8,153us-gaap_Liabilities 7,745us-gaap_Liabilities
Weyerhaeuser shareholders’ interest (Notes 16 and 17):    
Mandatory convertible preference shares, series A: $1.00 par value; $50.00 liquidation; authorized 40,000,000 shares; issued and outstanding: 13,800,000 shares 14us-gaap_PreferredStockValueOutstanding 14us-gaap_PreferredStockValueOutstanding
Common shares: $1.25 par value; authorized 1,360,000,000 shares; issued and outstanding: 524,474,315 and 583,548,428 shares (Notes 3) 656us-gaap_CommonStockValueOutstanding 729us-gaap_CommonStockValueOutstanding
Other capital (Notes 3) 4,519us-gaap_AdditionalPaidInCapital 6,444us-gaap_AdditionalPaidInCapital
Retained earnings 1,508us-gaap_RetainedEarningsAccumulatedDeficit 294us-gaap_RetainedEarningsAccumulatedDeficit
Cumulative other comprehensive loss (1,393)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (686)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total Weyerhaeuser shareholders’ interest 5,304us-gaap_StockholdersEquity 6,795us-gaap_StockholdersEquity
Noncontrolling interests 0us-gaap_MinorityInterest 3us-gaap_MinorityInterest
Noncontrolling interests in discontinued operations (Note 3) 0wy_DisposalGroupIncludingDiscontinuedOperationStockholdersEquityAttributabletoNoncontrollingInterest 34wy_DisposalGroupIncludingDiscontinuedOperationStockholdersEquityAttributabletoNoncontrollingInterest
Total equity 5,304us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 6,832us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 13,457us-gaap_LiabilitiesAndStockholdersEquity $ 14,577us-gaap_LiabilitiesAndStockholdersEquity