REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2019

Revenue from External Customer

Revenue by Major Products

A reconciliation of revenue recognized by our major products:

	QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS	MARCH 2019		MARCH 2018
Net sales to unaffiliated customers:
Timberlands Segment
Delivered logs(1):
West
Domestic sales	$	101	$	137
Export grade sales	104		129
Subtotal West	205		266
South	159		157
North	29		25
Subtotal delivered logs sales	393		448
Stumpage and pay-as-cut timber	9		15
Recreational and other lease revenue	15		14
Other(2)	14		13
Net sales attributable to Timberlands segment	431		490
Real Estate & ENR Segment
Real estate	96		34
Energy and natural resources	22		17
Net sales attributable to Real Estate & ENR segment	118		51
Wood Products Segment
Structural lumber	444		569
Oriented strand board	160		232
Engineered solid section	116		129
Engineered I-joists	70		78
Softwood plywood	44		50
Medium density fiberboard	38		43
Complementary building products	137		137
Other(3)	85		86
Net sales attributable to Wood Products segment	1,094		1,324
Total net sales	$	1,643	$	1,865

(1) In January 2019, we changed the way we report our Canadian Forestlands operations. We no longer report intersegment sales related to these operations in the Timberlands segment and now record the minimal associated third-party log sales within the Wood Products segment. Refer to Note 2: Business Segments for additional details.

(2) Other Timberlands sales include seeds and seedlings from our nursery operations and chips.

(3) Other Wood Products sales include chips, other byproducts and third-party residual log sales from our Canadian Forestlands operations.