BUSINESS SEGMENTS - Reconciliation of Business Segment Information in Consolidated Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	$ 1,881	$ 3,112
Net contribution (charge) to earnings	239	1,328
Interest expense, net of capitalized interest	(66)	(72)
Loss on debt extinguishment	0	(276)
Earnings before income taxes	173	980
Income taxes	(22)	(209)
Net earnings	151	771
Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	2,023	3,273
Net contribution (charge) to earnings	268	1,445
Intersegment eliminations
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	(142)	(161)
Unallocated items
Segment Reporting, Revenue Reconciling Item
Net contribution (charge) to earnings	(29)	(117)
Timberlands
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	462	465
Timberlands | Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	462	465
Net contribution (charge) to earnings	120	182
Timberlands | Intersegment eliminations
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	142	161
Real Estate & ENR
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	101	128
Real Estate & ENR | Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	101	128
Net contribution (charge) to earnings	53	81
Wood Products
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	1,318	2,519
Wood Products | Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	1,318	2,519
Net contribution (charge) to earnings	$ 95	$ 1,182