CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operations:
Net earnings	$ 771	$ 681
Noncash charges (credits) to earnings:
Depreciation, depletion and amortization	122	118
Basis of real estate sold	31	27
Deferred income taxes, net	14	8
Pension and other post-employment benefits (Note 6)	25	19
Share-based compensation expense (Note 12)	8	7
Loss on debt extinguishment	276	0
Change in:
Receivables, net	(238)	(139)
Receivables and payables for taxes	110	120
Inventories	(87)	(60)
Prepaid expenses and other current assets	(1)	(2)
Accounts payable and accrued liabilities	(62)	(60)
Pension and post-employment benefit contributions and payments	(4)	(8)
Other	(8)	(13)
Net cash from operations	957	698
Cash flows from investing activities:
Capital expenditures for property and equipment	(50)	(31)
Capital expenditures for timberlands reforestation	(20)	(22)
Acquisition of timberlands	(18)	0
Other	1	0
Net cash from investing activities	(87)	(53)
Cash flows from financing activities:
Cash dividends on common shares	(1,218)	(127)
Net proceeds from issuance of long-term debt (Note 8)	881	0
Payments on long-term debt (Note 8)	(1,203)	0
Proceeds from exercise of stock options	12	17
Repurchases of common shares (Note 4)	(118)	0
Other	(18)	(14)
Net cash from financing activities	(1,664)	(124)
Net change in cash, cash equivalents and restricted cash	(794)	521
Cash, cash equivalents and restricted cash at beginning of period	1,999	495
Cash, cash equivalents and restricted cash at end of period	1,205	1,016
Cash paid (received) during the period for:
Interest, net of amount capitalized of $1 and $1	78	75
Income taxes, net of refunds	$ 85	$ 66