INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2018

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, 2018		DECEMBER 31, 2017
LIFO inventories:
Logs	$	11	$	17
Lumber, plywood, panels, and fiberboard	75		66
Other products	10		10
FIFO or moving average cost inventories:
Logs	35		38
Lumber, plywood, panels, fiberboard and engineered wood products	86		91
Other products	83		77
Materials and supplies	89		84
Total	$	389	$	383