WEYERHAEUSER CO
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 16, 2024
WY$21.13+0.7%Stored close · as of Nov 9, 2026
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CONSOLIDATED BALANCE SHEET
| DOLLAR AMOUNTS IN MILLIONS, EXCEPT PAR VALUE | ||
|---|---|---|
| DECEMBER 31, 2023 | DECEMBER 31, 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,164 | $1,581 |
| Receivables, net | 354 | 357 |
| Receivables for taxes | 10 | 42 |
| Inventories (Note 6) | 566 | 550 |
| Prepaid expenses and other current assets | 219 | 216 |
| Total current assets | 2,313 | 2,746 |
| Property and equipment, net (Note 7) | 2,269 | 2,171 |
| Construction in progress | 270 | 222 |
| Timber and timberlands at cost, less depletion | 11,528 | 11,604 |
| Minerals and mineral rights, less depletion | 200 | 214 |
| Deferred tax assets (Note 19) | 15 | 8 |
| Other assets | 388 | 375 |
| Total assets | $16,983 | $17,340 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current maturities of long-term debt (Notes 11 and 12) | $— | $982 |
| Accounts payable | 287 | 247 |
| Accrued liabilities (Note 9) | 501 | 511 |
| Total current liabilities | 788 | 1,740 |
| Long-term debt, net (Notes 11 and 12) | 5,069 | 4,071 |
| Deferred tax liabilities (Note 19) | 81 | 96 |
| Deferred pension and other post-employment benefits (Note 8) | 461 | 344 |
| Other liabilities | 348 | 340 |
| Total liabilities | 6,747 | 6,591 |
| Commitments and contingencies (Note 13) | ||
| Equity: | ||
| Weyerhaeuser shareholders’ interest (Notes 14 and 15): | ||
| Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 729,753 thousand shares at December 31, 2023 and 732,794 thousand shares at December 31, 2022 | 912 | 916 |
| Other capital | 7,608 | 7,691 |
| Retained earnings | 2,009 | 2,389 |
| Accumulated other comprehensive loss (Note 14) | (293) | (247) |
| Total equity | 10,236 | 10,749 |
| Total liabilities and equity | $16,983 | $17,340 |
WEYERHAEUSER COMPANY >2023 ANNUAL REPORT AND FORM 10-K 62
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