Consolidated Statement of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating Activities
Net earnings (loss)	$ 572	$ 1,822
Depreciation, amortization and cost of timber harvested	743	789
Deferred income tax provision (benefit), net	(47)	(816)
Restructuring and other charges, net	0	93
Net (gains) losses on mark to market investments	0	(65)
Net (gains) losses on sales and impairments of equity method investments	135	0
Equity method dividends received	13	204
Equity (earnings) losses, net of taxes	(109)	(249)
Periodic pension (income) expense, net	70	(87)
Other, net	36	126
Changes in current assets and liabilities
Accounts and notes receivable	201	(294)
Contract assets	7	(138)
Inventories	62	(217)
Accounts payable and accrued liabilities	(332)	218
Interest payable	(5)	50
Other	(5)	(23)
Cash Provided By (Used For) Operations	1,341	1,413
Investment Activities
Invested in capital projects, net of insurance recoveries	(836)	(609)
Proceeds from sales of equity method investments, net of transaction costs	472	0
Proceeds from exchange of equity securities	0	311
Proceeds from sale of fixed assets	4	11
Other	2	(6)
Cash Provided By (Used For) Investment Activities	(358)	(293)
Financing Activities
Repurchases of common stock and payments of restricted stock tax withholding	(218)	(1,093)
Issuance of debt	772	752
Reduction of debt	(689)	(954)
Change in book overdrafts	(26)	0
Dividends paid	(482)	(509)
Net debt tender premiums paid	0	(89)
Other	(1)	(2)
Cash Provided By (Used For) Financing Activities	(644)	(1,895)
Effect of Exchange Rate Changes on Cash and Temporary Investments	6	(9)
Change in Cash and Temporary Investments	345	(784)
Cash and Temporary Investments
Beginning of period	804	1,295
End of period	$ 1,149	$ 511