Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Activities
Net earnings (loss)	$ 407	$ 871
Depreciation, amortization and cost of timber harvested	485	528
Deferred income tax provision (benefit), net	(13)	(5)
Net (gains) losses on mark to market investments	0	(49)
Net (gains) losses on sales and impairments of equity method investments	76	0
Equity method dividends received	13	204
Equity (earnings) losses, net of taxes	(88)	(186)
Periodic pension (income) expense, net	47	(58)
Other, net	34	72
Changes in current assets and liabilities
Accounts and notes receivable	160	(276)
Contract assets	(9)	(129)
Inventories	87	(133)
Accounts payable and accrued liabilities	(280)	199
Interest payable	(23)	3
Other	(23)	(63)
Cash Provided By (Used For) Operations	873	978
Investment Activities
Invested in capital projects, net of insurance recoveries	(608)	(371)
Proceeds from exchange of equity securities	0	144
Proceeds from sale of fixed assets	3	11
Other	2	(1)
Cash Provided By (Used For) Investment Activities	(603)	(217)
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(218)	(823)
Issuance of debt	772	232
Reduction of debt	(536)	(243)
Change in book overdrafts	(33)	(47)
Dividends paid	(322)	(344)
Other	(1)	(1)
Cash Provided By (Used For) Financing Activities	(338)	(1,226)
Effect of Exchange Rate Changes on Cash and Temporary Investments	10	(4)
Change in Cash and Temporary Investments	(58)	(469)
Cash and Temporary Investments
Beginning of period	804	1,295
End of period	$ 746	$ 826