The weak interplanar bonding in graphite is studied in the DFT formali
sm. The decomposition of the cohesive energy in its kinetic, electrost
atic and exchange-correlation parts, coupled with the analysis of char
ge transfer, reveal an interplay between electronic delocalization and
van der Waals contributions to the bonding. Without the latter, the i
nterplanar cohesive energy would be at least 8.4 meV/atom (instead of
20 meV/atom). The delocalization explains why AB-stacking is favoured
with respect to the AA-stacking and should appear in the intermolecula
r bonding of solid C60 and in nanotubes bundles.