2014 Q1 Form 10-Q Financial Statement

#000010653514000031 Filed on April 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1 2012 Q4
Revenue $1.736B $1.755B $2.000B
YoY Change -1.08% 17.47% 23.84%
Cost Of Revenue $1.361B $1.533B $763.0M
YoY Change -11.22% 18.84% -42.07%
Gross Profit $375.0M $418.0M $167.0M
YoY Change -10.29% 104.9% -43.96%
Gross Profit Margin 21.6% 23.82% 8.35%
Selling, General & Admin $116.0M $169.0M $50.00M
YoY Change -31.36% 12.67% -63.24%
% of Gross Profit 30.93% 40.43% 29.94%
Research & Development $7.000M $7.000M $9.000M
YoY Change 0.0% 0.0% 0.0%
% of Gross Profit 1.87% 1.67% 5.39%
Depreciation & Amortization $126.0M $112.0M $118.0M
YoY Change 12.5% -0.88% 0.85%
% of Gross Profit 33.6% 26.79% 70.66%
Operating Expenses $123.0M $176.0M $31.00M
YoY Change -30.11% 12.1% -75.97%
Operating Profit $308.0M $253.0M $256.0M
YoY Change 21.74% 150.5% 95.42%
Interest Expense $83.00M $82.00M -$76.00M
YoY Change 1.22% -5.75% 7.04%
% of Operating Profit 26.95% 32.41% -29.69%
Other Income/Expense, Net
YoY Change
Pretax Income $234.0M $181.0M $182.0M
YoY Change 29.28% 596.15% 230.91%
Income Tax $50.00M $41.00M -$5.000M
% Of Pretax Income 21.37% 22.65% -2.75%
Net Earnings $194.0M $144.0M $143.0M
YoY Change 34.72% 251.22% 120.0%
Net Earnings / Revenue 11.18% 8.21% 7.15%
Basic Earnings Per Share $0.31 $0.26 $0.26
Diluted Earnings Per Share $0.31 $0.26 $0.26
COMMON SHARES
Basic Shares Outstanding 584.9M shares 545.2M shares 541.5M shares
Diluted Shares Outstanding 589.3M shares 550.8M shares

Balance Sheet

Concept 2014 Q1 2013 Q1 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $780.0M $635.0M $1.082B
YoY Change 22.83% -12.53% 13.89%
Cash & Equivalents $780.0M $639.0M $898.0M
Short-Term Investments $184.0M
Other Short-Term Assets $315.0M $278.0M $176.0M
YoY Change 13.31% 44.04% 18.12%
Inventory $626.0M $596.0M $531.0M
Prepaid Expenses $108.0M $88.00M
Receivables $560.0M $628.0M $523.0M
Other Receivables $34.00M $65.00M $95.00M
Total Short-Term Assets $2.315B $2.202B $2.407B
YoY Change 5.13% 13.56% 16.56%
LONG-TERM ASSETS
Property, Plant & Equipment $2.611B $6.795B $2.872B
YoY Change -61.57% -2.8% -59.11%
Goodwill $40.00M $40.00M
YoY Change
Intangibles
YoY Change
Long-Term Investments $205.0M $211.0M $213.0M
YoY Change -2.84% 1.44% 0.0%
Other Assets $429.0M $3.187B $3.049B
YoY Change -86.54% -3.89% -6.21%
Total Long-Term Assets $12.19B $10.31B $10.19B
YoY Change 18.26% -2.15% -3.63%
TOTAL ASSETS
Total Short-Term Assets $2.315B $2.202B $2.407B
Total Long-Term Assets $12.19B $10.31B $10.19B
Total Assets $14.51B $12.51B $12.59B
YoY Change 15.95% 0.29% -0.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $409.0M $357.0M $373.0M
YoY Change 14.57% 4.08% 11.01%
Accrued Expenses $661.0M $428.0M $662.0M
YoY Change 54.44% -20.15% 27.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $184.0M $409.0M
YoY Change -98.91% 10.18% 3308.33%
Total Short-Term Liabilities $1.072B $1.072B $1.605B
YoY Change 0.0% 2.49% 70.56%
LONG-TERM LIABILITIES
Long-Term Debt $4.891B $4.633B $3.882B
YoY Change 5.57% 7.52% -26.06%
Other Long-Term Liabilities $364.0M $2.483B $2.481B
YoY Change -85.34% -11.51% 21.2%
Total Long-Term Liabilities $5.255B $7.116B $3.882B
YoY Change -26.15% 0.01% -46.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.072B $1.072B $1.605B
Total Long-Term Liabilities $5.255B $7.116B $3.882B
Total Liabilities $7.620B $8.234B $8.479B
YoY Change -7.46% -0.42% 1.34%
SHAREHOLDERS EQUITY
Retained Earnings $344.0M $264.0M $219.0M
YoY Change 30.3% 106.25% 24.43%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.852B $4.244B $4.070B
YoY Change
Total Liabilities & Shareholders Equity $14.51B $12.51B $12.59B
YoY Change 15.95% 0.29% -0.33%

Cashflow Statement

Concept 2014 Q1 2013 Q1 2012 Q4
OPERATING ACTIVITIES
Net Income $194.0M $144.0M $143.0M
YoY Change 34.72% 251.22% 120.0%
Depreciation, Depletion And Amortization $126.0M $112.0M $118.0M
YoY Change 12.5% -0.88% 0.85%
Cash From Operating Activities $109.0M -$61.00M $252.0M
YoY Change -278.69% 1.67% 71.43%
INVESTING ACTIVITIES
Capital Expenditures $51.00M $35.00M -$66.00M
YoY Change 45.71% -35.19% -19.51%
Acquisitions
YoY Change
Other Investing Activities $19.00M $0.00 $155.0M
YoY Change -100.0% 868.75%
Cash From Investing Activities -$46.00M -$42.00M $89.00M
YoY Change 9.52% -26.32% -234.85%
FINANCING ACTIVITIES
Cash Dividend Paid $93.00M
YoY Change 14.81%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $0.00 $156.0M
YoY Change -100.0% 7700.0%
Cash From Financing Activities -$118.0M -$156.0M -51.00M
YoY Change -24.36% 44.44% -48.48%
NET CHANGE
Cash From Operating Activities $109.0M -$61.00M 252.0M
Cash From Investing Activities -$46.00M -$42.00M 89.00M
Cash From Financing Activities -$118.0M -$156.0M -51.00M
Net Change In Cash -$55.00M -$259.0M 290.0M
YoY Change -78.76% 15.11% -1711.11%
FREE CASH FLOW
Cash From Operating Activities $109.0M -$61.00M $252.0M
Capital Expenditures $51.00M $35.00M -$66.00M
Free Cash Flow $58.00M -$96.00M $318.0M
YoY Change -160.42% -15.79% 38.86%

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CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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-10000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-22000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-17000000 USD
CY2013Q4 us-gaap Receivables Net Current
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569000000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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13000000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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5000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-15000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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28000000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
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409000000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
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364000000 USD
CY2013Q1 us-gaap Other Operating Income
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10000000 USD
CY2014Q1 us-gaap Other Operating Income
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13000000 USD
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74000000 USD
CY2013Q1 us-gaap Other Operating Income Expense Net
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18000000 USD
CY2013Q1 us-gaap Other Restructuring Costs
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2000000 USD
CY2014Q1 us-gaap Other Restructuring Costs
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3000000 USD
CY2014Q1 us-gaap Payments For Capital Improvements
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14000000 USD
CY2013Q1 us-gaap Payments For Capital Improvements
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13000000 USD
CY2014Q1 us-gaap Payments For Restructuring
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4000000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
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93000000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
129000000 USD
CY2013Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1580000000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51000000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
35000000 USD
CY2013Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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516000000 USD
CY2014Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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471000000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Benefit Contributions
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33000000 USD
CY2013Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
37000000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-47000000 USD
CY2013Q1 us-gaap Pension And Other Postretirement Benefit Expense
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24000000 USD
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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57000000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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56000000 USD
CY2014Q1 us-gaap Preferred Stock Dividends Income Statement Impact
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11000000 USD
CY2013Q1 us-gaap Preferred Stock Dividends Income Statement Impact
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0 USD
CY2014Q1 us-gaap Preferred Stock Value Outstanding
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14000000 USD
CY2013Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
14000000 USD
CY2014Q1 us-gaap Prepaid Expense Current
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108000000 USD
CY2013Q4 us-gaap Prepaid Expense Current
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128000000 USD
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
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9000000 USD
CY2014Q1 us-gaap Proceeds From Payments For Other Financing Activities
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2000000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Productive Assets
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6000000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Productive Assets
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19000000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
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15000000 USD
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
81000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
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2704000000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
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2611000000 USD
CY2014Q1 us-gaap Receivables Net Current
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560000000 USD
CY2013Q1 us-gaap Repayments Of Long Term Debt
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156000000 USD
CY2014Q1 us-gaap Repayments Of Long Term Debt
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0 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7000000 USD
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7000000 USD
CY2013Q4 us-gaap Restricted Investments Noncurrent
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615000000 USD
CY2014Q1 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
615000000 USD
CY2013Q1 us-gaap Restructuring Charges
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2000000 USD
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
20000000 USD
CY2013Q4 us-gaap Restructuring Reserve
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2000000 USD
CY2014Q1 us-gaap Restructuring Reserve
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15000000 USD
CY2013Q1 us-gaap Restructuring Settlement And Impairment Provisions
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4000000 USD
CY2014Q1 us-gaap Restructuring Settlement And Impairment Provisions
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21000000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
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344000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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294000000 USD
CY2013Q1 us-gaap Sales Revenue Net
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1951000000 USD
CY2014Q1 us-gaap Sales Revenue Net
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1984000000 USD
CY2013Q1 us-gaap Share Based Compensation
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12000000 USD
CY2014Q1 us-gaap Share Based Compensation
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9000000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
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1357071 shares
CY2013Q1 us-gaap Selling Expense
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51000000 USD
CY2014Q1 us-gaap Selling Expense
SellingExpense
49000000 USD
CY2014Q1 us-gaap Severance Costs1
SeveranceCosts1
17000000 USD
CY2013Q1 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
6852000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6832000000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6885000000 USD
CY2014Q1 us-gaap Timber And Timberlands
TimberAndTimberlands
6574000000 USD
CY2013Q4 us-gaap Timber And Timberlands
TimberAndTimberlands
6580000000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
589312000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
550785000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
584915000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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545234000 shares
CY2013Q1 wy Business Acquisition Pro Forma Earnings Per Share Basicand Diluted
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0.26
CY2013Q1 wy Changes In Unamortized Net Pension And Other Postretirement Benefit Loss Tax Expense Benefit
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23000000 USD
CY2014Q1 wy Changes In Unamortized Net Pension And Other Postretirement Benefit Loss Tax Expense Benefit
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15000000 USD
CY2014Q1 wy Changes In Unamortized Prior Service Credit Tax Expense Benefit
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-18000000 USD
CY2013Q1 wy Changes In Unamortized Prior Service Credit Tax Expense Benefit
ChangesInUnamortizedPriorServiceCreditTaxExpenseBenefit
0 USD
CY2013Q1 wy Income Tax Credit Charge Excluded From Companys Effective Income Tax Rate
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0 USD
CY2014Q1 wy Income Tax Credit Charge Excluded From Companys Effective Income Tax Rate
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0 USD
CY2014Q1 wy Land Management Income
LandManagementIncome
7000000 USD
CY2013Q1 wy Land Management Income
LandManagementIncome
6000000 USD
CY2014Q1 wy Net Contribution To Earnings
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333000000 USD
CY2013Q1 wy Net Contribution To Earnings
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267000000 USD
CY2014Q1 wy Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
5000000 USD
CY2013Q1 wy Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetpriorservicecreditcostarisingduringperiodandamortizationofnetpriorservicecostrecognizedinnetperiodicpensioncostnetoftax
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-4000000 USD
CY2014Q1 wy Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetpriorservicecreditcostarisingduringperiodandamortizationofnetpriorservicecostrecognizedinnetperiodicpensioncostnetoftax
Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetpriorservicecreditcostarisingduringperiodandamortizationofnetpriorservicecostrecognizedinnetperiodicpensioncostnetoftax
-29000000 USD
CY2013Q1 wy Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetunamortizedgainlossarisingduringperiodandreclassificationofnetgainlossrecognizedinnetperiodperiodicbenefitcostnetoftax
Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetunamortizedgainlossarisingduringperiodandreclassificationofnetgainlossrecognizedinnetperiodperiodicbenefitcostnetoftax
48000000 USD
CY2014Q1 wy Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetunamortizedgainlossarisingduringperiodandreclassificationofnetgainlossrecognizedinnetperiodperiodicbenefitcostnetoftax
Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetunamortizedgainlossarisingduringperiodandreclassificationofnetgainlossrecognizedinnetperiodperiodicbenefitcostnetoftax
36000000 USD
CY2013Q1 wy Real Estate And Land
RealEstateAndLand
59000000 USD
CY2014Q1 wy Real Estate And Land
RealEstateAndLand
72000000 USD
CY2014Q1 wy Reclassification From Accumulated Other Comprehensive Income Current Period Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodTax
8000000 USD
CY2014Q1 wy Weighted Average Assumptions Used In Estimating Value Of Performance Share Units Granted
WeightedAverageAssumptionsUsedInEstimatingValueOfPerformanceShareUnitsGranted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Weighted Average Assumptions Used in Estimating the Value of Performance Share Units Granted in </font><font style="font-family:Arial;font-size:10pt;color:#000000;font-weight:bold;text-decoration:none;">2014</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td width="79%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="8%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="3%" rowspan="1" colspan="1"></td><td width="7%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">Performance&#160;Share&#160;Units</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Performance period</font></div></td><td colspan="5" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">1/1/2014&#160;&#8211;&#160;12/31/2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Valuation date closing stock price</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">$</font></div></td><td colspan="4" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">30.16</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Expected dividends</font></div></td><td colspan="5" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">2.91</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-bottom:2px;padding-top:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Risk-free rate</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">0.03</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#8211;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">0.79</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Expected volatility</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">20.74</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#8211;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">23.53</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014Q1 wy Weighted Average Assumptions Used To Remeasure Value Of Stock Appreciation Rights
WeightedAverageAssumptionsUsedToRemeasureValueOfStockAppreciationRights
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Weighted Average Assumptions Used to Remeasure the Value of Stock Appreciation Rights as of </font><font style="font-family:Arial;font-size:10pt;color:#000000;font-weight:bold;text-decoration:none;">March&#160;31, 2014</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="84%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="14%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">MARCH&#160;31, <br clear="none"/>2014</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Expected volatility</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">22.89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Expected dividends</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">3.01</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Expected term (in years)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">1.65</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Risk-free rate</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">0.39</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Weighted average fair value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">6.86</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2014Q1 wy Write Off Of Preacquisition Costs
WriteOffOfPreacquisitionCosts
1000000 USD
CY2013Q1 wy Write Off Of Preacquisition Costs
WriteOffOfPreacquisitionCosts
0 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000106535
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
585007241 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
WEYERHAEUSER CO
CY2014Q1 dei Trading Symbol
TradingSymbol
WY

Files In Submission

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0000106535-14-000031-index-headers.html Edgar Link pending
0000106535-14-000031-index.html Edgar Link pending
0000106535-14-000031.txt Edgar Link pending
0000106535-14-000031-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
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report.css Edgar Link pending
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wy-20140331.xml Edgar Link completed
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