REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2020

Revenue From Contract With Customer [Abstract]

Revenue by Major Products

A reconciliation of revenue recognized by our major products:

	QUARTER ENDED				YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 2020		SEPTEMBER 2019		SEPTEMBER 2020		SEPTEMBER 2019
Net sales to unaffiliated customers:
Timberlands segment
Delivered logs:
West
Domestic sales	$	80	$	86	$	238	$	291
Export grade sales		83		86		281		280
Subtotal West		163		172		519		571
South		141		168		436		483
North(1)		13		24		37		70
Subtotal delivered logs sales		317		364		992		1,124
Stumpage and pay-as-cut timber		5		10		15		29
Recreational and other lease revenue		16		15		47		45
Other(2)		7		9		31		32
Net sales attributable to Timberlands segment		345		398		1,085		1,230
Real Estate & ENR segment
Real estate		49		45		192		200
Energy and natural resources		20		24		54		68
Net sales attributable to Real Estate & ENR segment		69		69		246		268
Wood Products segment
Structural lumber		819		487		1,865		1,426
Oriented strand board		290		159		659		475
Engineered solid section		135		138		373		388
Engineered I-joists		83		90		231		246
Softwood plywood		55		42		128		130
Medium density fiberboard		47		44		124		127
Complementary building products		183		162		505		466
Other(3)		84		82		253		250
Net sales attributable to Wood Products segment		1,696		1,204		4,138		3,508
Total net sales	$	2,110	$	1,671	$	5,469	$	5,006

(1) In November 2019, we sold our Michigan timberlands and in March 2020, we sold our Montana timberlands.

(2) Other Timberlands sales include sales of seeds and seedlings from our nursery operations as well as wood chips.

(3) Other Wood Products sales include wood chips, other byproducts and third-party residual log sales from our Canadian Forestlands operations.