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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 684 $ 1,164
Receivables, net 306 354
Receivables for taxes 9 10
Inventories (Note 6) 607 566
Prepaid expenses and other current assets 142 219
Total current assets 1,748 2,313
Property and equipment, net (Note 7) 2,329 2,269
Construction in progress 287 270
Timber and timberlands at cost, less depletion 11,551 11,528
Minerals and mineral rights, less depletion 189 200
Deferred tax assets (Note 18) 24 15
Other assets 408 388
Total assets 16,536 16,983
Current liabilities:    
Current maturities of long-term debt (Notes 11 and 12) 210 0
Accounts payable 255 287
Accrued liabilities (Note 9) 512 501
Total current liabilities 977 788
Long-term debt, net (Notes 11 and 12) 4,866 5,069
Deferred tax liabilities (Note 18) 26 81
Deferred pension and other post-employment benefits (Note 8) 596 461
Other liabilities 350 348
Total liabilities 6,815 6,747
Commitments and contingencies (Note 13)
Weyerhaeuser shareholders' interest (Notes 14 and 15):    
Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 725,845 thousand shares at December 31, 2024 and 729,753 thousand shares at December 31, 2023 908 912
Other capital 7,500 7,608
Retained earnings 1,715 2,009
Accumulated other comprehensive loss (Note 14) (402) (293)
Total equity 9,721 10,236
Total liabilities and equity $ 16,536 $ 16,983