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BUSINESS SEGMENTS Reconciliation of Business Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers $ 1,692 $ 2,065 $ 3,335 $ 3,930
Net contribution to earnings (loss) 182 474 (104) 866
Interest expense, net of capitalized interest (91) (92) (198) (185)
Earnings (loss) before income taxes 91 382 (302) 681
Income taxes 37 (65) 141 (95)
Net earnings (loss) 128 317 (161) 586
Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers (131) (139) (256) (281)
Operating segments        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 1,823 2,204 3,591 4,211
Net contribution to earnings (loss) 218 512 462 996
Unallocated items        
Segment Reporting, Revenue Reconciling Item        
Net contribution to earnings (loss) (36) (38) (566) (130)
Timberlands        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 401 476 832 966
Net contribution to earnings (loss) 102 161 222 350
Timberlands | Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 131 139 256 281
Real Estate & ENR        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 81 58 199 109
Net contribution to earnings (loss) 35 22 90 47
Wood Products        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 1,210 1,531 2,304 2,855
Net contribution to earnings (loss) $ 81 $ 329 $ 150 $ 599