CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,326	$ 495
Receivables, net	497	450
Receivables for taxes	72	82
Inventories (Note 5)	499	443
Prepaid expenses and other current assets	146	139
Total current assets	3,540	1,609
Property and equipment, less accumulated depreciation of $3,559 and $3,432	1,924	2,013
Construction in progress	169	73
Timber and timberlands at cost, less depletion	11,606	11,827
Minerals and mineral rights, less depletion	258	268
Deferred tax assets	52	120
Other assets	543	401
Total assets	18,092	16,311
Current liabilities:
Current maturities of long-term debt (Note 9)	150	150
Accounts payable	264	204
Accrued liabilities (Note 8)	1,110	596
Total current liabilities	1,524	950
Long-term debt, net (Note 9)	5,100	5,325
Deferred tax liabilities	28	24
Deferred pension and other post-employment benefits (Note 7)	711	911
Other liabilities	360	370
Total liabilities	7,723	7,580
Commitments and contingencies (Note 11)
Equity:
Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 749,037 thousand shares at September 30, 2021 and 747,385 thousand shares at December 31, 2020	936	934
Other capital	8,242	8,208
Retained earnings	1,842	411
Accumulated other comprehensive loss (Note 12)	(651)	(822)
Total equity	10,369	8,731
Total liabilities and equity	$ 18,092	$ 16,311