I tried this in AutoCAD 2004 and it didn’t work but in AutoCAD 2008 and AutoCAD 2009 it works (possibly some earlier versions too, but I don’t have them installed to try in).
You can select one, many or all layers (CTRL+A or right click and select all) and then press CTRL+C. Then just paste into Excel, Word or even directly to AutoCAD.
If all layers are copied a header is also included with all columns:
Status Name On Freeze Lock Color Linetype Lineweight Plot Style Plot New VP Freeze Description
Notice also that if a column is hidden it will not be included.
I’ve known about this tip since before but got reminded that it also works in AutoCAD LT.