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BUSINESS SEGMENTS Reconciliation of Business Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Segment Reporting, Revenue Reconciling Item    
Sales to unaffiliated customers $ 1,643 $ 1,865
Third party and intersegment revenue, net 1,768 2,007
Net contribution to earnings (loss) (286) 392
Interest expense, net of capitalized interest (107) (93)
Earnings (loss) before income taxes (393) 299
Income taxes 104 (30)
Net earnings (loss) (289) 269
Intersegment eliminations    
Segment Reporting, Revenue Reconciling Item    
Intersegment Sales (125) (142)
Operating segments    
Segment Reporting, Revenue Reconciling Item    
Net contribution to earnings (loss) 244 484
Unallocated items    
Segment Reporting, Revenue Reconciling Item    
Net contribution to earnings (loss) (530) (92)
Timberlands    
Segment Reporting, Revenue Reconciling Item    
Sales to unaffiliated customers 431 490
Intersegment Sales 125 142
Net contribution to earnings (loss) 120 189
Real Estate & ENR    
Segment Reporting, Revenue Reconciling Item    
Sales to unaffiliated customers 118 51
Net contribution to earnings (loss) 55 25
Wood Products    
Segment Reporting, Revenue Reconciling Item    
Sales to unaffiliated customers 1,094 1,324
Net contribution to earnings (loss) $ 69 $ 270