INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	MARCH 31, 2024		DECEMBER 31, 2023
LIFO inventories:
Logs	$	25	$	29
Lumber, plywood, oriented strand board and fiberboard		89		77
Other products		12		12
Moving average cost or FIFO inventories:
Logs		72		49
Lumber, plywood, oriented strand board, fiberboard and engineered wood products		134		115
Other products		144		134
Materials and supplies		154		150
Total	$	630	$	566