INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2019

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	MARCH 31, 2019		DECEMBER 31, 2018
LIFO inventories:
Logs	$	15	$	11
Lumber, plywood, panels and fiberboard	83		75
Other products	12		10
FIFO or moving average cost inventories:
Logs	58		35
Lumber, plywood, panels, fiberboard and engineered wood products	105		86
Other products	86		83
Materials and supplies	92		89
Total	$	451	$	389