INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2019

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2019		DECEMBER 31, 2018
LIFO inventories:
Logs	$	16	$	11
Lumber, plywood, panels and fiberboard		80		75
Other products		13		10
FIFO or moving average cost inventories:
Logs		33		35
Lumber, plywood, panels, fiberboard and engineered wood products		101		86
Other products		83		83
Materials and supplies		99		89
Total	$	425	$	389