Consolidated Statement of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Activities
Net earnings (loss)	$ 360	$ 349
Depreciation, amortization and cost of timber harvested	261	309
Deferred income tax provision (benefit), net	30	20
Restructuring and other charges, net	0	30
Net (gains) losses on mark to market investments	(46)	0
Net (gains) losses on sales and impairments of businesses	0	2
Net (gains) losses on sales of equity method investments	0	(74)
Equity method dividends received	204	4
Equity (earnings) losses, net	(93)	(49)
Periodic pension (income) expense, net	(28)	(28)
Other, net	51	25
Changes in current assets and liabilities
Accounts and notes receivable	(146)	(186)
Contract assets	(114)	(83)
Inventories	31	93
Accounts payable and accrued liabilities	89	68
Interest payable	25	15
Other	(36)	17
Cash Provided By (Used For) Operations	588	512
Investment Activities
Invested in capital projects, net of insurance recoveries	(185)	(89)
Acquisitions, net of cash acquired	0	(61)
Proceeds from sales of equity method investments	0	397
Proceeds from sales of businesses, net of cash divested	0	11
Proceeds from sale of fixed assets	5	0
Cash Provided By (Used For) Investment Activities	(180)	258
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(428)	(155)
Issuance of debt	88	2
Reduction of debt	(3)	(111)
Change in book overdrafts	(66)	(19)
Dividends paid	(174)	(202)
Net debt tender premiums paid	0	(19)
Cash Provided By (Used For) Financing Activities	(583)	(504)
Cash Included in Assets Held for Sale	0	(54)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(1)	(20)
Change in Cash and Temporary Investments and Restricted Cash	(176)	192
Cash and Temporary Investments and Restricted Cash
Beginning of period	1,295	595
End of period	$ 1,119	$ 787