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INVENTORIES (Tables)
 6 Months Ended
Jun. 30, 2011
Forest Products Inventories
Forest Products inventories include raw materials, work-in-process and finished goods.
DOLLAR AMOUNTS IN MILLIONS    
JUNE 30,

2011
 
DECEMBER 31,

2010
Logs and chips
$
72


 
$
66


Lumber, plywood, panels and engineered lumber
185


 
164


Pulp and paperboard
147


 
157


Other products
91


 
79


Materials and supplies
140


 
133


 
$
635


 
$
599


Less LIFO reserve
(122
)
 
(121
)
Total
$
513


 
$
478