CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 495	$ 139
Receivables, net	450	309
Receivables for taxes	82	98
Inventories (Note 6)	443	416
Assets held for sale (Note 4)	0	140
Prepaid expenses and other current assets	139	147
Current restricted financial investments held by variable interest entities (Note 8)	0	362
Total current assets	1,609	1,611
Property and equipment, net (Note 7)	2,013	1,969
Construction in progress	73	130
Timber and timberlands at cost, less depletion	11,827	11,929
Minerals and mineral rights, less depletion	268	281
Deferred tax assets (Note 20)	120	72
Other assets	401	414
Total assets	16,311	16,406
Current liabilities:
Current maturities of long-term debt (Notes 12 and 13)	150	0
Borrowings on line of credit (Notes 11 and 13)	0	230
Accounts payable	204	246
Accrued liabilities (Note 10)	596	530
Total current liabilities	950	1,006
Long-term debt, net (Notes 12 and 13)	5,325	6,147
Deferred tax liabilities (Note 20)	24	6
Deferred pension and other post-employment benefits (Note 9)	911	693
Other liabilities	370	377
Commitments and contingencies (Note 14)
Total liabilities	7,580	8,229
Weyerhaeuser shareholders’ interest (Notes 15 and 16):
Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 747,385 thousand shares at December 31, 2020 and 745,300 thousand shares at December 31, 2019	934	932
Other capital	8,208	8,152
Retained earnings (accumulated deficit)	411	(3)
Accumulated other comprehensive loss (Note 15)	(822)	(904)
Total equity	8,731	8,177
Total liabilities and equity	$ 16,311	$ 16,406