INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2018

Inventories

Inventories include raw materials, work-in-process, finished goods, and materials and supplies.

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2018		DECEMBER 31, 2017
LIFO inventories:
Logs	$	15	$	17
Lumber, plywood, panels and fiberboard	71		66
Other products	15		10
FIFO or moving average cost inventories:
Logs	38		38
Lumber, plywood, panels, fiberboard and engineered wood products	110		91
Other products	80		77
Materials and supplies	85		84
Total	$	414	$	383