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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
Net Income $ 147,735 $ 53,437
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, depletion and amortization 35,992 30,413
Non-cash cost of real estate sold 633 1,382
Stock-based incentive compensation expense 3,280 6,466
Amortization of debt discount/premium 419 1,890
Tax benefit of AFMC for CBPC exchange (18,761) 0
Amortization of losses from pension and postretirement plans 6,279 4,508
Gain on sale of discontinued operations, net (42,670) 0
Gain on foreign currency forward contracts (1,881) 0
Other (3,243) 1,874
Changes in operating assets and liabilities:    
Receivables (8,778) (1,911)
Inventories 11,197 17,035
Accounts payable 15,386 3,978
Income tax receivable/payable 15,915 11,469
All other operating activities 99 (17,476)
Payment to exchange AFMC for CBPC (70,311) 0
Expenditures for dispositions and discontinued operations (1,631) (1,711)
CASH PROVIDED BY OPERATING ACTIVITIES 89,660 111,354
INVESTING ACTIVITIES    
Capital expenditures (32,664) (42,079)
Purchase of timberlands (1,560) (8,689)
Jesup mill cellulose specialties expansion (gross purchases of $57,693 and $41,051, net of purchases on account of $20,959 and $15,025) (36,734) (26,026)
Proceeds from disposition of Wood Products business 83,741 0
Change in restricted cash 9,908 (5,609)
Other 1,790 8,736
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES 24,481 (73,667)
FINANCING ACTIVITIES    
Issuance of debt 100,000 340,000
Repayment of debt (170,000) (165,000)
Dividends paid (57,744) (49,249)
Proceeds from the issuance of common shares 4,091 2,061
Excess tax benefits on stock-based compensation 6,191 3,946
Debt issuance costs 0 (3,565)
Repurchase of common shares (11,241) (7,783)
CASH (USED FOR) PROVIDED BY FINANCING ACTIVITIES (128,703) 120,410
EFFECT OF EXCHANGE RATE CHANGES ON CASH (17) (125)
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (14,579) 157,972
Balance, beginning of year 280,596 78,603
Balance, end of period 266,017 236,575
Cash paid during the period:    
Interest 3,562 5,213
Income taxes 70,403 325
Non-cash investing activity:    
Capital assets purchased on account $ 49,094 $ 44,576