INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2012

Items Excluded from Effective Income Tax Rates

Discrete items excluded from the calculation of our effective income tax rates include:

DOLLAR AMOUNTS IN MILLIONS
2012:
Income taxes on postretirement plan amendment discussed in Note 10	$	(18	)
State income tax settlements	$	8
2011:
Income taxes on a non-strategic timberlands gain discussed in Note 6	$	(56	)