|
|
| |
Dollar
amounts in millions |
|
December
27, 1998
|
December
28, 1997
|
|
|
Assets
|
|
|
|
|
| |
Weyerhaeuser
|
|
|
|
|
| |
|
Current
assets: |
|
|
|
|
| |
|
|
Cash
and short-term investments (Note 1) |
|
$
28
|
$
100
|
|
| |
|
|
Receivables,
less allowances of $5 and $6 |
|
886
|
913
|
|
| |
|
|
Inventories
(Note 7) |
|
962
|
983
|
|
| |
|
|
Prepaid
expenses |
|
294
|
298
|
|
| |
|
|
Total
current
assets |
|
2,170
|
2,294
|
|
| |
|
|
|
|
|
|
|
| |
|
Property
and equipment (Note 8) |
|
6,692
|
6,991
|
|
| |
|
Construction
in progress |
|
315
|
354
|
|
| |
|
Timber
and timberlands at cost, less fee stumpage charged to disposals |
|
1,013
|
996
|
|
| |
|
Investments
in and advances to equity affiliates (Note 3) |
|
482
|
249
|
|
| |
|
Other
assets and deferred charges |
|
262
|
187
|
|
| |
|
|
|
10,934
|
11,071
|
|
| |
|
|
|
|
|
| |
Real
estate and related assets |
|
|
|
|
| |
|
Cash
and short-term investments, including restricted deposits of $16 in
1997 |
|
7
|
22
|
|
| |
|
Receivables,
less discounts and allowances of $6 and $6 |
|
81
|
62
|
|
| |
|
Mortgage-related
financial instruments, less discounts and allowances
of $9 and $27 (Notes 1 and 13) |
|
119
|
173
|
|
| |
|
Real
estate in process of development and for sale (Note 9) |
|
584
|
593
|
|
| |
|
Land
being processed for development |
|
854
|
845
|
|
| |
|
Investments
in and advances to joint ventures and limited partnerships, |
|
|
|
|
| |
|
|
less
reserves of $4 and $6 (Note 3) |
|
120
|
116
|
|
| |
|
Other
assets |
|
135
|
193
|
|
| |
|
|
|
|
|
|
| |
|
|
|
1,900
|
2,004
|
|
| |
|
Total
assets |
|
$
12,834
|
$ 13,075
|
|
| |
|
|
|
|
|
|
| |
|
See
notes on pages 57 through 73. |
|
|
|
|
|
|
