The following table presents information about financial instruments at the balance sheet dates indicated.


	March 29, 2014				December 28, 2013
(In millions)	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial assets
Timber notes receivables	$	940	$	937	$	945	$	933
Boise investment	$	20	$	20	$	46	$	47
Financial liabilities
Recourse debt
9.75% senior secured notes	$	250	$	291	$	250	$	290
7.35% debentures, due 2016		18		19		18		19
Revenue bonds, due in varying amounts periodically through 2029		186		186		186		186
American & Foreign Power Company, Inc. 5% debentures, due 2030		13		13		13		13
Non-recourse debt	$	854	$	852	$	859	$	851