XML 19 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net earnings (loss) $ 1,822 $ 1,647
Depreciation, amortization and cost of timber harvested 789 933
Deferred income tax provision (benefit), net (816) (151)
Restructuring and other charges, net 93 243
Net (gains) losses on mark to market investments (65) 0
Net (gains) losses on sales and impairments of businesses 0 (367)
Net (gains) losses on sales of equity method investments 0 (205)
Net (gains) losses on sales of fixed assets 0 (86)
Equity method dividends received 204 149
Equity (earnings) losses, net (249) (247)
Periodic pension (income) expense, net (87) (84)
Other, net 126 129
Changes in current assets and liabilities    
Accounts and notes receivable (294) (510)
Contract assets (138) (74)
Inventories (217) (133)
Accounts payable and accrued liabilities 218 716
Interest payable 50 9
Other (23) (46)
Cash Provided By (Used For) Operations 1,413 1,923
Investment Activities    
Invested in capital projects, net of insurance recoveries (609) (348)
Acquisitions, net of cash acquired 0 (80)
Proceeds from sales of equity method investments 0 843
Proceeds from sales of businesses, net of cash divested 0 827
Proceeds from exchange of equity securities 311 0
Proceeds from settlement of Variable Interest Entity installment notes 0 4,850
Proceeds from sale of fixed assets 11 95
Other (6) (3)
Cash Provided By (Used For) Investment Activities (293) 6,184
Financing Activities    
Repurchases of common stock and payments of restricted stock tax withholding (1,093) (425)
Issuance of debt 752 1,511
Reduction of debt (954) (1,132)
Change in book overdrafts 0 29
Dividends paid (509) (602)
Net debt tender premiums paid (89) (221)
Reduction of Variable Interest Entity loans 0 (4,220)
Other (2) (14)
Cash Provided By (Used For) Financing Activities (1,895) (5,074)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (9) (7)
Change in Cash and Temporary Investments (784) 3,026
Cash and Temporary Investments    
Beginning of period 1,295 595
End of period $ 511 $ 3,621