INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2013

Forest Products inventories

Forest Products inventories include raw materials, work-in-process and finished goods.

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2013		DECEMBER 31, 2012
LIFO Inventories:
Logs and chips	$	14	$	17
Lumber, plywood and panels	43		46
Pulp and paperboard	93		121
Other products	11		8
FIFO or moving average cost inventories:
Logs and chips	24		28
Lumber, plywood, panels and engineered lumber	77		66
Pulp and paperboard	32		19
Other products	91		87
Materials and supplies	148		139
Total	$	533	$	531