INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2020		DECEMBER 31, 2019
LIFO inventories:
Logs	$	14	$	19
Lumber, plywood, panels and fiberboard		64		82
Other products		8		10
Moving average cost or FIFO inventories:
Logs		49		28
Lumber, plywood, panels, fiberboard and engineered wood products		74		84
Other products		98		98
Materials and supplies		104		95
Total	$	411	$	416