BUSINESS SEGMENTS - Additional Financial Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	$ 480	$ 477	$ 472
Capital expenditures	468	441	281
Operating segments | Timberlands
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	256	261	257
Capital expenditures	113	114	104
Operating segments | Real Estate & ENR
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	17	15	14
Capital expenditures	0	0	0
Operating segments | Wood Products
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	201	196	195
Capital expenditures	347	320	176
Unallocated Items
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	6	5	6
Capital expenditures	$ 8	$ 7	$ 1