INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2013

Inventories as of the End of Our Last Two Years

Inventories as of the End of Our Last Two Years

DOLLAR AMOUNTS IN MILLIONS
	DECEMBER 31, 2013		DECEMBER 31, 2012
LIFO inventories:
Logs and chips	$	15	$	17
Lumber, plywood, panels and engineered lumber	46		46
Pulp and paperboard	97		121
Other products	11		8
FIFO or moving average cost inventories:
Logs and chips	33		28
Lumber, plywood, panels and engineered lumber	70		66
Pulp and paperboard	30		19
Other products	94		87
Materials and supplies	146		139
Total	$	542	$	531