BUSINESS SEGMENTS - Reconciliation of Business Segment Information in Consolidated Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	$ 1,796	$ 1,881
Net contribution (charge) to earnings	201	239
Interest expense, net of capitalized interest	(67)	(66)
Earnings before income taxes	134	173
Income taxes	(20)	(22)
Net earnings	114	151
Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	1,930	2,023
Net contribution (charge) to earnings	268	268
Intersegment eliminations
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	(134)	(142)
Unallocated items
Segment Reporting, Revenue Reconciling Item
Net contribution (charge) to earnings	(67)	(29)
Timberlands
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	387	462
Timberlands | Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	387	462
Net contribution (charge) to earnings	80	120
Timberlands | Intersegment eliminations
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	134	142
Real Estate & ENR
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	107	101
Real Estate & ENR | Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	107	101
Net contribution (charge) to earnings	60	53
Wood Products
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	1,302	1,318
Wood Products | Operating Segments
Segment Reporting, Revenue Reconciling Item
Sales to unaffiliated customers	1,302	1,318
Net contribution (charge) to earnings	$ 128	$ 95