INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2020

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	MARCH 31, 2020		DECEMBER 31, 2019
LIFO inventories:
Logs	$	20	$	19
Lumber, plywood, panels and fiberboard		89		82
Other products		14		10
FIFO or moving average cost inventories:
Logs		69		28
Lumber, plywood, panels, fiberboard and engineered wood products		92		84
Other products		99		98
Materials and supplies		97		95
Total	$	480	$	416