REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2021

Revenue From Contract With Customer [Abstract]

Revenue by Major Products

A reconciliation of revenue recognized by our major products:

	QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS	MARCH 2021		MARCH 2020
Net sales to unaffiliated customers:
Timberlands segment
Delivered logs:
West
Domestic sales	$	79	$	87
Export grade sales		122		90
Subtotal West		201		177
South		131		150
North		16		17
Subtotal delivered logs sales		348		344
Stumpage and pay-as-cut timber		6		5
Recreational and other lease revenue		16		15
Other(1)		9		17
Net sales attributable to Timberlands segment		379		381
Real Estate & ENR segment
Real estate		84		95
Energy and natural resources		22		17
Net sales attributable to Real Estate & ENR segment		106		112
Wood Products segment
Structural lumber		990		508
Oriented strand board		438		190
Engineered solid section		142		127
Engineered I-joists		83		78
Softwood plywood		56		39
Medium density fiberboard		48		44
Complementary building products		171		153
Other(2)		93		96
Net sales attributable to Wood Products segment		2,021		1,235
Total net sales	$	2,506	$	1,728

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

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