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GEOGRAPHIC AREAS
12 Months Ended
Dec. 31, 2023
Segments, Geographical Areas [Abstract]  
GEOGRAPHIC AREAS

NOTE 20: GEOGRAPHIC AREAS

This note provides selected key financial data according to the geographical locations of our customers.

SALES

Our sales to unaffiliated customers outside the U.S. are primarily to customers in Canada, Japan, China and Korea. Our export sales from the U.S. are comprised primarily of logs, lumber and wood chips to customers in those same countries.

Sales by Geographic Area

 

DOLLAR AMOUNTS IN MILLIONS

 

 

 

 

 

 

 

 

 

 

 

2023

 

 

2022

 

 

2021

 

Sales to unaffiliated customers:

 

 

 

 

 

 

 

 

 

U.S.

 

$

6,602

 

 

$

8,709

 

 

$

8,709

 

Canada

 

 

578

 

 

 

773

 

 

 

778

 

Japan

 

 

302

 

 

 

524

 

 

 

477

 

China

 

 

114

 

 

 

82

 

 

 

123

 

Korea

 

 

30

 

 

 

45

 

 

 

52

 

Other foreign countries

 

 

48

 

 

 

51

 

 

 

62

 

Total

 

$

7,674

 

 

$

10,184

 

 

$

10,201

 

Export sales from the U.S.:

 

 

 

 

 

 

 

 

 

Japan

 

$

281

 

 

$

471

 

 

$

396

 

Canada

 

 

134

 

 

 

143

 

 

 

128

 

China

 

 

109

 

 

 

80

 

 

 

119

 

Korea

 

 

28

 

 

 

40

 

 

 

51

 

Other foreign countries

 

 

35

 

 

 

36

 

 

 

36

 

Total

 

$

587

 

 

$

770

 

 

$

730

 

LONG-LIVED ASSETS

Our long-lived assets used in the generation of revenues in different geographical areas are nearly all in the U.S. and Canada. Our long-lived assets primarily include:

 

property and equipment, including construction in progress,

timber and timberlands and

minerals and mineral rights.

Long-Lived Assets by Geographic Area

 

DOLLAR AMOUNTS IN MILLIONS

 

 

 

 

 

 

 

 

DECEMBER 31,
 2023
(1)

 

 

DECEMBER 31,
 2022
(1)

 

U.S.

 

$

14,037

 

 

$

13,979

 

Canada

 

 

288

 

 

 

289

 

Total

 

$

14,325

 

 

$

14,268

 

 

(1)
Includes legacy coal assets related to planned divestiture.