$WY
WEYERHAEUSER CO

2020 Q3 Form 10-Q Financial Statement

#000156459020049304 Filed on October 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $2.110B $1.671B
YoY Change 26.27% -12.51%
Cost Of Revenue $1.390B $1.399B
YoY Change -0.64% -3.65%
Gross Profit $720.0M $272.0M
YoY Change 164.71% -40.61%
Gross Profit Margin 34.12% 16.28%
Selling, General & Admin $118.0M $105.0M
YoY Change 12.38% 7.14%
% of Gross Profit 16.39% 38.6%
Research & Development $1.000M $1.000M
YoY Change 0.0% -50.0%
% of Gross Profit 0.14% 0.37%
Depreciation & Amortization $115.0M $135.0M
YoY Change -14.81% 10.66%
% of Gross Profit 15.97% 49.63%
Operating Expenses $1.000M $1.000M
YoY Change 0.0% -99.0%
Operating Profit $719.0M $202.0M
YoY Change 255.94% -40.06%
Interest Expense $111.0M $91.00M
YoY Change 21.98% -2.15%
% of Operating Profit 15.44% 45.05%
Other Income/Expense, Net -$6.000M -$6.000M
YoY Change 0.0% -64.71%
Pretax Income $392.0M $102.0M
YoY Change 284.31% -57.5%
Income Tax $109.0M $3.000M
% Of Pretax Income 27.81% 2.94%
Net Earnings $283.0M $99.00M
YoY Change 185.86% -61.18%
Net Earnings / Revenue 13.41% 5.92%
Basic Earnings Per Share $0.13
Diluted Earnings Per Share $378.1K $132.6K
COMMON SHARES
Basic Shares Outstanding 747.0M 745.6M
Diluted Shares Outstanding 748.5M 746.5M

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $787.0M $153.0M
YoY Change 414.38% -56.03%
Cash & Equivalents $787.0M $153.0M
Short-Term Investments
Other Short-Term Assets $300.0M $754.0M
YoY Change -60.21% 91.86%
Inventory $411.0M $393.0M
Prepaid Expenses $101.0M $141.0M
Receivables $500.0M $368.0M
Other Receivables $48.00M $149.0M
Total Short-Term Assets $2.046B $1.817B
YoY Change 12.6% 6.01%
LONG-TERM ASSETS
Property, Plant & Equipment $13.80B $1.860B
YoY Change 641.94% 11.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $510.0M $461.0M
YoY Change 10.63% 59.52%
Total Long-Term Assets $14.31B $15.02B
YoY Change -4.7% -4.44%
TOTAL ASSETS
Total Short-Term Assets $2.046B $1.817B
Total Long-Term Assets $14.31B $15.02B
Total Assets $16.36B $16.83B
YoY Change -2.83% -3.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $215.0M $242.0M
YoY Change -11.16% -10.7%
Accrued Expenses $617.0M $487.0M
YoY Change 26.69% -0.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $454.0M
YoY Change -100.0%
Total Short-Term Liabilities $832.0M $1.169B
YoY Change -28.83% -8.17%
LONG-TERM LIABILITIES
Long-Term Debt $5.974B $6.150B
YoY Change -2.86% 3.87%
Other Long-Term Liabilities $358.0M $383.0M
YoY Change -6.53% 31.62%
Total Long-Term Liabilities $6.332B $6.533B
YoY Change -3.08% 5.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $832.0M $1.169B
Total Long-Term Liabilities $6.332B $6.533B
Total Liabilities $7.829B $8.233B
YoY Change -4.91% -1.64%
SHAREHOLDERS EQUITY
Retained Earnings $246.0M $264.0M
YoY Change -6.82% -81.65%
Common Stock $8.178B $8.140B
YoY Change 0.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.527B $8.599B
YoY Change
Total Liabilities & Shareholders Equity $16.36B $16.83B
YoY Change -2.83% -3.41%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $283.0M $99.00M
YoY Change 185.86% -61.18%
Depreciation, Depletion And Amortization $115.0M $135.0M
YoY Change -14.81% 10.66%
Cash From Operating Activities $608.0M $292.0M
YoY Change 108.22% 235.63%
INVESTING ACTIVITIES
Capital Expenditures -$65.00M -$98.00M
YoY Change -33.67% -6.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.000M
YoY Change -100.0% -110.0%
Cash From Investing Activities -$65.00M -$97.00M
YoY Change -32.99% -15.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $302.0M
YoY Change
Cash From Financing Activities -346.0M -254.0M
YoY Change 36.22% -51.62%
NET CHANGE
Cash From Operating Activities 608.0M 292.0M
Cash From Investing Activities -65.00M -97.00M
Cash From Financing Activities -346.0M -254.0M
Net Change In Cash 197.0M -59.00M
YoY Change -433.9% -89.33%
FREE CASH FLOW
Cash From Operating Activities $608.0M $292.0M
Capital Expenditures -$65.00M -$98.00M
Free Cash Flow $673.0M $390.0M
YoY Change 72.56% 103.13%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsNoncurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.68
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsNoncurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2020Q3 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0
CY2019Q3 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
-68000000
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-92000000
us-gaap Operating Income Loss
OperatingIncomeLoss
562000000
wy Non Operating Pension And Other Post Retirement Benefit Costs Credits
NonOperatingPensionAndOtherPostRetirementBenefitCostsCredits
-28000000
CY2019Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
6000000
CY2020Q3 us-gaap Interest Expense
InterestExpense
111000000
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.38
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.13
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
579000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
354000000
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
787000000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
139000000
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
500000000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
118000000
us-gaap Net Income Loss
NetIncomeLoss
-62000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-14000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
19000000
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
6000000
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
8000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
30000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
128000000
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
25000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
86000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
398000000
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
-2000000
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
1000000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
30000000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
74000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
416000000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
313000000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
309000000
CY2020Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
48000000
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
98000000
CY2020Q3 us-gaap Inventory Net
InventoryNet
411000000
CY2019Q4 us-gaap Inventory Net
InventoryNet
416000000
CY2020Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
199000000
CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
140000000
CY2020Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
101000000
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
147000000
CY2020Q3 us-gaap Restricted Investments Current
RestrictedInvestmentsCurrent
0
CY2019Q4 us-gaap Restricted Investments Current
RestrictedInvestmentsCurrent
362000000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
840000000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3000000
CY2020Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0
CY2019Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
230000000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
253000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
145000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-20000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
311000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
32000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
254000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
760000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
732000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
739000000
wy Repayments Of Long Term Debt Excluding Related Party Debt
RepaymentsOfLongTermDebtExcludingRelatedPartyDebt
936000000
us-gaap Loss From Catastrophes
LossFromCatastrophes
0
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
21000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-12000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
18000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1085000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
674000000
wy Payments For Capital Expenditures Of Property Plant And Equipment
PaymentsForCapitalExpendituresOfPropertyPlantAndEquipment
158000000
wy Payments For Capital Expenditures Of Property Plant And Equipment
PaymentsForCapitalExpendituresOfPropertyPlantAndEquipment
199000000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
41000000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
42000000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
362000000
wy Repayments Of Long Term Debt Excluding Related Party Debt
RepaymentsOfLongTermDebtExcludingRelatedPartyDebt
512000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
550000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
875000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
780000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
860000000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
302000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-15000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-695000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-887000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
701000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-181000000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139000000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
153000000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
334000000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
4000000
us-gaap Interest Paid Net
InterestPaidNet
278000000
us-gaap Interest Paid Net
InterestPaidNet
310000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
46000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
46000000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
8527000000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
8599000000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
8527000000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
8599000000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.34
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.02
CY2020Q3 us-gaap Revenues
Revenues
2110000000
CY2020Q3 wy Net Contribution To Earnings
NetContributionToEarnings
503000000
CY2020Q3 us-gaap Interest Expense
InterestExpense
111000000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
392000000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
102000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
671000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-200000000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
109000000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
283000000
CY2020Q3 us-gaap Revenues
Revenues
2110000000
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.38
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2300000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60000000
CY2019Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
253000000
CY2020Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
362000000
CY2019Q3 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
302000000
CY2018Q4 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
209000000
CY2020Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
25000000
CY2020Q2 us-gaap Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
11000000
CY2019 wy Defined Benefit Plan Funded Status Period Increase Decrease
DefinedBenefitPlanFundedStatusPeriodIncreaseDecrease
14000000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
530000000
CY2020Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
187000000
CY2019Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
188000000
CY2020Q3 wy Current Portion Of Lease Liabilities
CurrentPortionOfLeaseLiabilities
30000000
CY2019Q4 wy Current Portion Of Lease Liabilities
CurrentPortionOfLeaseLiabilities
33000000
CY2020Q3 wy Customer Rebates Volume Discounts And Deferred Income
CustomerRebatesVolumeDiscountsAndDeferredIncome
122000000
CY2019Q4 wy Customer Rebates Volume Discounts And Deferred Income
CustomerRebatesVolumeDiscountsAndDeferredIncome
105000000
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
86000000
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
98000000
CY2020Q3 wy Accrued Taxes Payable
AccruedTaxesPayable
89000000
CY2019Q4 wy Accrued Taxes Payable
AccruedTaxesPayable
24000000
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
103000000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
82000000
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
617000000
CY2020Q3 wy Pre Tax Charge Related To Early Extinguishment Of Debt
PreTaxChargeRelatedToEarlyExtinguishmentOfDebt
23000000
CY2019Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
739000000
CY2019Q1 wy Pre Tax Charge Related To Early Extinguishment Of Debt
PreTaxChargeRelatedToEarlyExtinguishmentOfDebt
12000000
CY2020Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0
CY2019Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
230000000
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
5974000000
CY2020Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
7419000000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
6377000000
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
7441000000
CY2020Q3 us-gaap Environmental Exit Costs Assets Previously Disposed Liability For Remediation
EnvironmentalExitCostsAssetsPreviouslyDisposedLiabilityForRemediation
58000000
CY2020Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
30000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
1100000
CY2020Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-7000000
CY2019Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-25000000
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1000000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3000000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2000000
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p id="NOTE_14_PRODUCT_REMEDIATION" style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:8pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">NOTE 14: PRODUCT REMEDIATION RECOVERIES</p> <p style="margin-top:7pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In July 2017, we announced we were implementing a solution to address concerns regarding our TJI® Joists coated with our former Flak Jacket® Protection product. This issue was isolated to Flak Jacket product manufactured after December 1, 2016 and did not affect any of our other products. </p> <p style="margin-top:7pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In third quarter 2019 and second quarter 2020, we received and recorded insurance recoveries of $68 million and $8 million, respectively, related to prior remediation efforts. These recoveries are attributable to our Wood Products segment and were recorded in "Product remediation recoveries" in the <a href="#CONSOLIDATED_STATEMENT_OPERATIONS"><span style="font-style:italic;text-decoration:underline;">Consolidated Statement of Operations</span></a><span style="font-style:italic;font-size:8pt;font-family:Arial;font-weight:normal;text-transform:none;font-variant: normal;">.</span></p>
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2000000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-9000000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-59000000
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1000000
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4000000
CY2020Q3 us-gaap Loss From Catastrophes
LossFromCatastrophes
80000000
CY2019Q3 us-gaap Loss From Catastrophes
LossFromCatastrophes
0
us-gaap Loss From Catastrophes
LossFromCatastrophes
80000000
us-gaap Loss From Catastrophes
LossFromCatastrophes
0
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-20000000
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-92000000
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-33000000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-113000000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-85000000
CY2020Q3 us-gaap Loss From Catastrophes
LossFromCatastrophes
80000000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
787000000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
153000000
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
53000000
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
840000000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
153000000

Files In Submission

Name View Source Status
0001564590-20-049304-index-headers.html Edgar Link pending
0001564590-20-049304-index.html Edgar Link pending
0001564590-20-049304.txt Edgar Link pending
0001564590-20-049304-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gth1i1tcuvmd000001.jpg 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
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.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-10q_20200930.htm Edgar Link pending
wy-10q_20200930_htm.xml Edgar Link completed
wy-20200930.xsd Edgar Link pending
wy-20200930_cal.xml Edgar Link unprocessable
wy-20200930_def.xml Edgar Link unprocessable
wy-20200930_lab.xml Edgar Link unprocessable
wy-20200930_pre.xml Edgar Link unprocessable
wy-ex101_532.htm Edgar Link pending
wy-ex102_533.htm Edgar Link pending
wy-ex311_7.htm Edgar Link pending
wy-ex312_6.htm Edgar Link pending
wy-ex32_8.htm Edgar Link pending