CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS	12 Months Ended
Dec. 31, 2019
Restructuring Costs And Asset Impairment Charges [Abstract]
CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS	NOTE 18: CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS INTEGRATION, RESTRUCTURING AND CLOSURES During 2017, we incurred and accrued a total of $34 million for termination benefits (primarily severance), non-recurring professional services and other costs directly attributable to our merger with Plum Creek. Other restructuring and closure costs totaled $6 million in 2017, which included lease termination charges, dismantling and demolition of plant and equipment, gain or loss on disposition of assets, environmental cleanup costs and incremental costs to wind down operating facilities. ASSET IMPAIRMENTS The “Impairment of Long-Lived Assets” section of Note 1: Summary of Significant Accounting Policies provides details about how we account for impairments. Additional information can also be found in our Critical Accounting Policies. In 2019, we recognized an impairment charge of $80 million related to our Montana timberlands assets. On December 17, 2019, we announced an agreement to sell 630,000 acres of Montana timberlands, and the related assets met the relevant criteria to be classified as held for sale as of December 31, 2019. This designation required us to record the related assets at fair value, less an amount of estimated selling costs, and thus recognize an $80 million noncash pretax impairment charge in the Timberlands segment. The fair value of the related assets was primarily based on the agreed upon cash purchase price of $145 million. In 2017, we recognized an impairment charge of $147 million related to the timberlands and manufacturing assets of our Uruguay operations. Refer to Note 4: Divestitures and Assets Held for Sale for further details on the assets held for sale and the sale of our Uruguay operations. Additionally, in 2017, we recognized a small impairment charge related to a nonstrategic asset in our Wood Products segment. The fair value of the asset was determined using the value indicated in a purchase and sale agreement.

CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS

12 Months Ended

Dec. 31, 2019

Restructuring Costs And Asset Impairment Charges [Abstract]

CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS

NOTE 18: CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS

INTEGRATION, RESTRUCTURING AND CLOSURES

During 2017, we incurred and accrued a total of $34 million for termination benefits (primarily severance), non-recurring professional services and other costs directly attributable to our merger with Plum Creek.

Other restructuring and closure costs totaled $6 million in 2017, which included lease termination charges, dismantling and demolition of plant and equipment, gain or loss on disposition of assets, environmental cleanup costs and incremental costs to wind down operating facilities.

ASSET IMPAIRMENTS

The “Impairment of Long-Lived Assets” section of Note 1: Summary of Significant Accounting Policies provides details about how we account for impairments. Additional information can also be found in our Critical Accounting Policies.

In 2019, we recognized an impairment charge of $80 million related to our Montana timberlands assets. On December 17, 2019, we announced an agreement to sell 630,000 acres of Montana timberlands, and the related assets met the relevant criteria to be classified as held for sale as of December 31, 2019. This designation required us to record the related assets at fair value, less an amount of estimated selling costs, and thus recognize an $80 million noncash pretax impairment charge in the Timberlands segment. The fair value of the related assets was primarily based on the agreed upon cash purchase price of $145 million.

In 2017, we recognized an impairment charge of $147 million related to the timberlands and manufacturing assets of our Uruguay operations.

Refer to Note 4: Divestitures and Assets Held for Sale for further details on the assets held for sale and the sale of our Uruguay operations.

Additionally, in 2017, we recognized a small impairment charge related to a nonstrategic asset in our Wood Products segment. The fair value of the asset was determined using the value indicated in a purchase and sale agreement.