Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Operating Activities
Net earnings (loss)	$ 871	$ 783
Depreciation, amortization and cost of timber harvested	528	615
Deferred income tax provision (benefit), net	(5)	5
Restructuring and other charges, net	0	204
Net (gains) losses on mark to market investments	(49)	0
Net (gains) losses on sales and impairments of businesses	0	(7)
Net (gains) losses on sales of equity method investments	0	(204)
Equity method dividends received	204	149
Equity (earnings) losses, net	(186)	(153)
Periodic pension (income) expense, net	(58)	(57)
Other, net	72	71
Changes in current assets and liabilities
Accounts and notes receivable	(276)	(496)
Contract assets	(129)	(62)
Inventories	(133)	110
Accounts payable and accrued liabilities	199	367
Interest payable	3	(2)
Other	(63)	(45)
Cash Provided By (Used For) Operations	978	1,278
Investment Activities
Invested in capital projects, net of insurance recoveries	(371)	(222)
Acquisitions, net of cash acquired	0	(80)
Proceeds from sales of equity method investments	0	800
Proceeds from sales of businesses, net of cash divested	0	90
Proceeds from exchange of equity securities	144	0
Proceeds from sale of fixed assets	11	0
Other	(1)	(2)
Cash Provided By (Used For) Investment Activities	(217)	586
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(823)	(213)
Issuance of debt	232	4
Reduction of debt	(243)	(914)
Change in book overdrafts	(47)	2
Dividends paid	(344)	(403)
Net debt tender premiums paid	0	(188)
Other	(1)	(3)
Cash Provided By (Used For) Financing Activities	(1,226)	(1,715)
Cash Included in Assets Held for Sale	0	(45)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(4)	7
Change in Cash and Temporary Investments	(469)	111
Cash and Temporary Investments
Beginning of period	1,295	595
End of period	$ 826	$ 706