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EQUITY METHOD INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments [Table Text Block]
The following tables summarize the current period equity earnings or loss from and our respective balances of our investments in and advances to each of our joint ventures:
 
QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS
MARCH 2016
 
MARCH 2015
Equity earnings (loss) from joint ventures:
 
 
 
Newsprint and publishing papers venture
$
(2
)
 
$
(6
)
Timberland Venture
5

 

Real Estate Development Ventures

 

Total
$
3

 
$
(6
)
 
 
 
 
 
MARCH 31, 2016
 
DECEMBER 31, 2015
Investment in and advances to joint ventures:
 
 
 
Newsprint and publishing papers venture
$
72

 
$
74

Timberland Venture
852

 

Real Estate Development Ventures
87

 

Total
$
1,011

 
$
74