$WY
WEYERHAEUSER CO

2023 Q2 Form 10-Q Financial Statement

#000095017023015874 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $1.997B $1.881B $3.112B
YoY Change -32.83% -39.56% 24.18%
Cost Of Revenue $1.528B $1.512B $1.647B
YoY Change -14.59% -8.2% 15.17%
Gross Profit $469.0M $369.0M $1.465B
YoY Change -60.39% -74.81% 36.15%
Gross Profit Margin 23.49% 19.62% 47.08%
Selling, General & Admin $130.0M $123.0M $115.0M
YoY Change 4.0% 6.96% 4.55%
% of Gross Profit 27.72% 33.33% 7.85%
Research & Development $1.000M $2.000M $1.000M
YoY Change -50.0% 100.0% 0.0%
% of Gross Profit 0.21% 0.54% 0.07%
Depreciation & Amortization $126.0M $126.0M $122.0M
YoY Change 5.88% 3.28% 3.39%
% of Gross Profit 26.87% 34.15% 8.33%
Operating Expenses $140.0M $125.0M $116.0M
YoY Change 10.24% 7.76% 4.5%
Operating Profit $329.0M $236.0M $1.344B
YoY Change -68.58% -82.44% 40.59%
Interest Expense -$49.00M $66.00M $72.00M
YoY Change -175.38% -8.33% -8.86%
% of Operating Profit -14.89% 27.97% 5.36%
Other Income/Expense, Net -$12.00M -$6.000M -$2.000M
YoY Change 33.33% 200.0% -50.0%
Pretax Income $255.0M $173.0M $980.0M
YoY Change -73.77% -82.35% 12.64%
Income Tax $25.00M $22.00M $209.0M
% Of Pretax Income 9.8% 12.72% 21.33%
Net Earnings $230.0M $151.0M $771.0M
YoY Change -70.81% -80.42% 13.22%
Net Earnings / Revenue 11.52% 8.03% 24.78%
Basic Earnings Per Share $0.31 $0.21 $1.03
Diluted Earnings Per Share $0.31 $0.21 $1.030M
COMMON SHARES
Basic Shares Outstanding 732.3M 732.3M 747.5M
Diluted Shares Outstanding 732.4M 733.5M 748.8M

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.760B $797.0M $1.205B
YoY Change 2.15% -33.86% 18.6%
Cash & Equivalents $1.095B $797.0M $1.205B
Short-Term Investments $665.0M
Other Short-Term Assets $188.0M $202.0M $206.0M
YoY Change 13.94% -1.94% 46.1%
Inventory $539.0M $586.0M $611.0M
Prepaid Expenses $188.0M $202.0M $206.0M
Receivables $462.0M $440.0M $745.0M
Other Receivables $18.00M $28.00M $8.000M
Total Short-Term Assets $2.967B $2.053B $2.775B
YoY Change -1.49% -26.02% 22.9%
LONG-TERM ASSETS
Property, Plant & Equipment $14.11B $2.157B $2.026B
YoY Change 605.6% 6.47% 2.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $391.0M $365.0M $376.0M
YoY Change 5.68% -2.93% -7.62%
Total Long-Term Assets $14.50B $14.53B $14.34B
YoY Change -0.45% 1.3% -1.88%
TOTAL ASSETS
Total Short-Term Assets $2.967B $2.053B $2.775B
Total Long-Term Assets $14.50B $14.53B $14.34B
Total Assets $17.47B $16.58B $17.12B
YoY Change -0.63% -3.13% 1.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $254.0M $266.0M $310.0M
YoY Change -10.25% -14.19% 31.36%
Accrued Expenses $303.0M $403.0M $674.0M
YoY Change -53.95% -40.21% 22.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $980.0M $981.0M
YoY Change
Total Short-Term Liabilities $1.707B $1.650B $984.0M
YoY Change 81.4% 67.68% 5.24%
LONG-TERM LIABILITIES
Long-Term Debt $4.817B $4.072B $5.053B
YoY Change -4.67% -19.41% -5.11%
Other Long-Term Liabilities $700.0M $335.0M $344.0M
YoY Change 105.88% -2.62% -72.7%
Total Long-Term Liabilities $5.517B $4.407B $5.397B
YoY Change 2.3% -18.34% -18.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.707B $1.650B $984.0M
Total Long-Term Liabilities $5.517B $4.407B $5.397B
Total Liabilities $7.329B $6.504B $6.879B
YoY Change 8.35% -5.45% -8.84%
SHAREHOLDERS EQUITY
Retained Earnings $1.828B $1.738B $1.679B
YoY Change -21.65% 3.51%
Common Stock $7.624B $7.662B $8.076B
YoY Change -4.15% -5.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.14B $10.08B $10.24B
YoY Change
Total Liabilities & Shareholders Equity $17.47B $16.58B $17.12B
YoY Change -0.63% -3.13% 1.43%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $230.0M $151.0M $771.0M
YoY Change -70.81% -80.42% 13.22%
Depreciation, Depletion And Amortization $126.0M $126.0M $122.0M
YoY Change 5.88% 3.28% 3.39%
Cash From Operating Activities $496.0M $126.0M $957.0M
YoY Change -56.72% -86.83% 37.11%
INVESTING ACTIVITIES
Capital Expenditures $81.00M $71.00M -$70.00M
YoY Change -200.0% -201.43% 32.08%
Acquisitions
YoY Change
Other Investing Activities -$668.0M -$2.000M -$1.000M
YoY Change 152.08% 100.0%
Cash From Investing Activities -$749.0M -$69.00M -$87.00M
YoY Change 116.47% -20.69% 64.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $118.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 551.0M -841.0M -1.664B
YoY Change -301.09% -49.46% 1241.94%
NET CHANGE
Cash From Operating Activities 496.0M 126.0M 957.0M
Cash From Investing Activities -749.0M -69.00M -87.00M
Cash From Financing Activities 551.0M -841.0M -1.664B
Net Change In Cash 298.0M -784.0M -794.0M
YoY Change -43.35% -1.26% -252.4%
FREE CASH FLOW
Cash From Operating Activities $496.0M $126.0M $957.0M
Capital Expenditures $81.00M $71.00M -$70.00M
Free Cash Flow $415.0M $55.00M $1.027B
YoY Change -66.18% -94.64% 36.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000106535
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
881000000
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
1-4825
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
WEYERHAEUSER COMPANY
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
WA
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
91-0470860
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
220 Occidental Avenue South
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Seattle
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98104-7800
CY2023Q1 dei City Area Code
CityAreaCode
(206)
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
539-3000
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, par value $1.25 per share
CY2023Q1 dei Trading Symbol
TradingSymbol
WY
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
732296000
CY2023Q1 us-gaap Revenues
Revenues
1881000000
CY2022Q1 us-gaap Revenues
Revenues
3112000000
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1512000000
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1647000000
CY2023Q1 us-gaap Gross Profit
GrossProfit
369000000
CY2022Q1 us-gaap Gross Profit
GrossProfit
1465000000
CY2023Q1 us-gaap Selling Expense
SellingExpense
22000000
CY2022Q1 us-gaap Selling Expense
SellingExpense
23000000
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
101000000
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
92000000
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-10000000
CY2022Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-6000000
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
236000000
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1344000000
CY2023Q1 wy Non Operating Pension And Other Post Retirement Benefit Costs Credits
NonOperatingPensionAndOtherPostRetirementBenefitCostsCredits
-9000000
CY2022Q1 wy Non Operating Pension And Other Post Retirement Benefit Costs Credits
NonOperatingPensionAndOtherPostRetirementBenefitCostsCredits
-15000000
CY2023Q1 wy Interest And Other Income Loss
InterestAndOtherIncomeLoss
12000000
CY2022Q1 wy Interest And Other Income Loss
InterestAndOtherIncomeLoss
-1000000
CY2023Q1 us-gaap Interest Expense
InterestExpense
66000000
CY2022Q1 us-gaap Interest Expense
InterestExpense
72000000
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-276000000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
173000000
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
980000000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22000000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
209000000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
151000000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
771000000
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
733163000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
747507000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
733546000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
748823000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
151000000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
771000000
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
0
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
16000000
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
2000000
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
5000000
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
7000000
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
13000000
CY2023Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0
CY2022Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
1000000
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7000000
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
29000000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
158000000
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
800000000
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
797000000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1581000000
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
440000000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
357000000
CY2023Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
28000000
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
42000000
CY2023Q1 us-gaap Inventory Net
InventoryNet
586000000
CY2022Q4 us-gaap Inventory Net
InventoryNet
550000000
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
202000000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
216000000
CY2023Q1 us-gaap Assets Current
AssetsCurrent
2053000000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2746000000
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3759000000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3710000000
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2157000000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2171000000
CY2023Q1 wy Construction In Progress
ConstructionInProgress
222000000
CY2022Q4 wy Construction In Progress
ConstructionInProgress
222000000
CY2023Q1 wy Timber And Timber Lands At Cost Less Depletion
TimberAndTimberLandsAtCostLessDepletion
11564000000
CY2022Q4 wy Timber And Timber Lands At Cost Less Depletion
TimberAndTimberLandsAtCostLessDepletion
11604000000
CY2023Q1 wy Minerals And Mineral Rights
MineralsAndMineralRights
211000000
CY2022Q4 wy Minerals And Mineral Rights
MineralsAndMineralRights
214000000
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
8000000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
8000000
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
365000000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
375000000
CY2023Q1 us-gaap Assets
Assets
16580000000
CY2022Q4 us-gaap Assets
Assets
17340000000
CY2023Q1 wy Long Term Debt Excluding Lines Of Credit Current
LongTermDebtExcludingLinesOfCreditCurrent
981000000
CY2022Q4 wy Long Term Debt Excluding Lines Of Credit Current
LongTermDebtExcludingLinesOfCreditCurrent
982000000
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
266000000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
247000000
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
403000000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
511000000
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1650000000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1740000000
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4072000000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4071000000
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
101000000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
96000000
CY2023Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
346000000
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
344000000
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
335000000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
340000000
CY2023Q1 us-gaap Liabilities
Liabilities
6504000000
CY2022Q4 us-gaap Liabilities
Liabilities
6591000000
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.25
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.25
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1360000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1360000000
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
732507000
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
732507000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
732794000
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
732794000
CY2023Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
916000000
CY2022Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
916000000
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
7662000000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
7691000000
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1738000000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2389000000
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-240000000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-247000000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
10076000000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
10749000000
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16580000000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
17340000000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
151000000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
771000000
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
126000000
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
122000000
CY2023Q1 wy Basisof Land Sold
BasisofLandSold
33000000
CY2022Q1 wy Basisof Land Sold
BasisofLandSold
31000000
CY2023Q1 wy Deferred Income Tax Expense Benefit Including Continuing And Discontinued Operations
DeferredIncomeTaxExpenseBenefitIncludingContinuingAndDiscontinuedOperations
-3000000
CY2022Q1 wy Deferred Income Tax Expense Benefit Including Continuing And Discontinued Operations
DeferredIncomeTaxExpenseBenefitIncludingContinuingAndDiscontinuedOperations
-14000000
CY2023Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
15000000
CY2022Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
25000000
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8000000
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8000000
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-276000000
CY2023Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
83000000
CY2022Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
238000000
CY2023Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
14000000
CY2022Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
110000000
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
36000000
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
87000000
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9000000
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1000000
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-87000000
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-62000000
CY2023Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
6000000
CY2022Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
4000000
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3000000
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
8000000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
126000000
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
957000000
CY2023Q1 wy Payments For Capital Expenditures Of Property Plant And Equipment
PaymentsForCapitalExpendituresOfPropertyPlantAndEquipment
50000000
CY2022Q1 wy Payments For Capital Expenditures Of Property Plant And Equipment
PaymentsForCapitalExpendituresOfPropertyPlantAndEquipment
50000000
CY2023Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
21000000
CY2022Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
20000000
CY2023Q1 us-gaap Payments To Acquire Timberlands
PaymentsToAcquireTimberlands
0
CY2022Q1 us-gaap Payments To Acquire Timberlands
PaymentsToAcquireTimberlands
18000000
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2000000
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1000000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-69000000
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87000000
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
799000000
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1218000000
CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
CY2023Q1 wy Repayments Of Long Term Debt Excluding Related Party Debt
RepaymentsOfLongTermDebtExcludingRelatedPartyDebt
0
CY2022Q1 wy Repayments Of Long Term Debt Excluding Related Party Debt
RepaymentsOfLongTermDebtExcludingRelatedPartyDebt
1203000000
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2000000
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12000000
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34000000
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
118000000
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10000000
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-18000000
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-841000000
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1664000000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-784000000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-794000000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1581000000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1999000000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
797000000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1205000000
CY2023Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1000000
CY2022Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1000000
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
57000000
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
78000000
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6000000
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
85000000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
10076000000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
10237000000
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.09
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.63
CY2023Q1 us-gaap Revenues
Revenues
1881000000
CY2022Q1 us-gaap Revenues
Revenues
3112000000
CY2023Q1 us-gaap Revenues
Revenues
1881000000
CY2022Q1 us-gaap Revenues
Revenues
3112000000
CY2023Q1 wy Net Contribution To Earnings
NetContributionToEarnings
239000000
CY2022Q1 wy Net Contribution To Earnings
NetContributionToEarnings
1328000000
CY2023Q1 us-gaap Interest Expense
InterestExpense
66000000
CY2022Q1 us-gaap Interest Expense
InterestExpense
72000000
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-276000000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
173000000
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
980000000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22000000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
209000000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
151000000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
771000000
CY2023Q1 us-gaap Revenues
Revenues
1881000000
CY2022Q1 us-gaap Revenues
Revenues
3112000000
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
733163000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
747507000
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
383000
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1316000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
733546000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
748823000
CY2023Q1 wy Share Repurchase Program Unsettled Shares
ShareRepurchaseProgramUnsettledShares
27139
CY2023Q1 wy Share Repurchase Program Unsettled Shares Amount
ShareRepurchaseProgramUnsettledSharesAmount
1000000
CY2022Q4 wy Share Repurchase Program Unsettled Shares
ShareRepurchaseProgramUnsettledShares
223548
CY2022Q4 wy Share Repurchase Program Unsettled Shares Amount
ShareRepurchaseProgramUnsettledSharesAmount
7000000
CY2022Q1 wy Pre Tax Charge Related To Early Extinguishment Of Debt
PreTaxChargeRelatedToEarlyExtinguishmentOfDebt
276000000
CY2022Q1 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
207000000
CY2023Q1 us-gaap Inventory Net
InventoryNet
586000000
CY2022Q4 us-gaap Inventory Net
InventoryNet
550000000
CY2023Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
147000000
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
201000000
CY2023Q1 wy Current Portion Of Lease Liabilities
CurrentPortionOfLeaseLiabilities
21000000
CY2022Q4 wy Current Portion Of Lease Liabilities
CurrentPortionOfLeaseLiabilities
22000000
CY2023Q1 wy Customer Rebates Volume Discounts And Deferred Income
CustomerRebatesVolumeDiscountsAndDeferredIncome
83000000
CY2022Q4 wy Customer Rebates Volume Discounts And Deferred Income
CustomerRebatesVolumeDiscountsAndDeferredIncome
132000000
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
72000000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
69000000
CY2023Q1 wy Accrued Taxes Payable
AccruedTaxesPayable
24000000
CY2022Q4 wy Accrued Taxes Payable
AccruedTaxesPayable
23000000
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
56000000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
64000000
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
403000000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
511000000
CY2022Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
900000000
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
931000000
CY2022Q1 wy Early Debt Repayment Including Pretax Charge
EarlyDebtRepaymentIncludingPretaxCharge
1200000000
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
931000000
CY2023Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0
CY2023Q1 us-gaap Environmental Exit Costs Assets Previously Disposed Liability For Remediation
EnvironmentalExitCostsAssetsPreviouslyDisposedLiabilityForRemediation
65000000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
829000
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1000000
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1000000
CY2023Q1 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-1000000
CY2022Q1 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-4000000
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2000000
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1000000
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000000
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-10000000
CY2022Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-6000000
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
wy-20230331_cal.xml Edgar Link unprocessable
0000950170-23-015874-index-headers.html Edgar Link pending
0000950170-23-015874-index.html Edgar Link pending
0000950170-23-015874.txt Edgar Link pending
0000950170-23-015874-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wy-20230331.htm Edgar Link pending
wy-20230331.xsd Edgar Link pending
wy-ex31.htm Edgar Link pending
wy-ex31_2.htm Edgar Link pending
wy-ex32.htm Edgar Link pending
wy-20230331_def.xml Edgar Link unprocessable
wy-20230331_lab.xml Edgar Link unprocessable
wy-20230331_pre.xml Edgar Link unprocessable
wy-20230331_htm.xml Edgar Link completed