CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operations:
Net earnings (loss)	$ (289)	$ 269
Noncash charges to earnings:
Depreciation, depletion and amortization	123	120
Basis of real estate sold	48	12
Deferred income taxes, net	(123)	10
Pension and other postretirement benefits (Note 7)	478	34
Share-based compensation expense	9	9
Change in:
Receivables, less allowances	(77)	(83)
Receivables and payables for taxes	(31)	5
Inventories	(60)	(66)
Prepaid expenses	(5)	(5)
Accounts payable and accrued liabilities	(82)	(173)
Pension and postretirement benefit contributions and payments	(14)	(16)
Other	9	20
Net cash from (used in) operations	(14)	136
Cash flows from investing activities:
Capital expenditures for property and equipment	(41)	(61)
Capital expenditures for timberlands reforestation	(18)	(20)
Proceeds from note receivable held by variable interest entities (Note 6)	253	0
Other	18	5
Net cash from (used in) investing activities	212	(76)
Cash flows from financing activities:
Cash dividends on common shares	(254)	(242)
Proceeds from issuance of long-term debt (Note 9)	739	0
Payments on long-term debt (Note 9)	(512)	(62)
Proceeds from borrowings on line of credit (Note 10)	245	0
Payments on line of credit (Note 9)	(425)	0
Proceeds from exercise of stock options	2	25
Repurchases of common shares (Note 4)	(60)	0
Other	(8)	(7)
Net cash used in financing activities	(273)	(286)
Net change in cash and cash equivalents	(75)	(226)
Cash and cash equivalents at beginning of period	334	824
Cash and cash equivalents at end of period	259	598
Cash paid during the period for:
Interest, net of amount capitalized of $1 and $3	127	105
Income taxes	$ 50	$ 17