Stockholders' Equity (Tables) (PLUM CREEK TIMBER CO INC [Member])

6 Months Ended

Jun. 30, 2014

PLUM CREEK TIMBER CO INC [Member]

Stockholders' Equity [Line Items]

Schedule of Stockholders Equity [Table Text Block]

The changes in the company’s stockholders’ equity accounts were as follows during 2014 (in millions):

	Common Stock					Retained Earnings (Accumulated Deficit)						Accumulated Other Comprehensive Income (Loss)
	Shares	Dollars		Paid-in Capital					Treasury Stock						Total Equity
January 1, 2014	177.0	$	2	$	2,942	$	(173	)	$	(940	)	$	1		$	1,832
Net Income						30									30
Other Comprehensive Income (Loss)												1			1
Dividends						(78		)							(78		)
Stock Option Exercises	—	—		1											1
Shares Issued under Stock Incentive Plans	0.1	—		—											—
Share-based Compensation				4											4
Common Stock Repurchased	—	—							(2		)				(2		)
March 31, 2014	177.1	$	2	$	2,947	$	(221	)	$	(942	)	$	2		$	1,788
Net Income						55									55
Other Comprehensive Income (Loss)												(1		)	(1		)
Dividends						(78		)							(78		)
Share-based Compensation				3											3
June 30, 2014	177.1	$	2	$	2,950	$	(244	)	$	(942	)	$	1		$	1,767

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The changes in the company’s accumulated other comprehensive income by component, net of tax, were as follows during 2014 (in millions):

	Net Unrealized Holding Gains (Losses)			Defined Benefit Plan Actuarial Net Loss (A)			Gain on Cash Flow Hedge		Total
January 1, 2014	$	13		$	(17	)	$	5	$	1
Other Comprehensive Income (Loss) before Reclassifications	1			—			—		1
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	—			—			—		—
March 31, 2014	$	14		$	(17	)	$	5	$	2
Other Comprehensive Income (Loss) before Reclassifications	(2		)	—			—		(2		)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	—			1			—		1
June 30, 2014	$	12		$	(16	)	$	5	$	1

(A)    Amortization of actuarial gains and losses on the company's defined benefit pension plans is included in the

computation of pension cost. See Note 10 of the Notes to Consolidated Financial Statements.