REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2021

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 2021		SEPTEMBER 2020		SEPTEMBER 2021		SEPTEMBER 2020
Net sales to unaffiliated customers:
Timberlands segment
Delivered logs:
West
Domestic sales	$	76	$	80	$	235	$	238
Export grade sales		150		83		414		281
Subtotal West		226		163		649		519
South		153		141		429		436
North		13		13		38		37
Subtotal delivered logs sales		392		317		1,116		992
Stumpage and pay-as-cut timber		9		5		22		15
Recreational and other lease revenue		16		16		48		47
Other(1)		6		7		21		31
Net sales attributable to Timberlands segment		423		345		1,207		1,085
Real Estate & ENR segment
Real estate		45		49		212		192
Energy and natural resources		24		20		73		54
Net sales attributable to Real Estate & ENR segment		69		69		285		246
Wood Products segment
Structural lumber		681		819		3,020		1,865
Oriented strand board		470		290		1,513		659
Engineered solid section		183		135		491		373
Engineered I-joists		128		83		315		231
Softwood plywood		45		55		170		128
Medium density fiberboard		52		47		143		124
Complementary building products		211		183		595		505
Other(2)		83		84		256		253
Net sales attributable to Wood Products segment		1,853		1,696		6,503		4,138
Total net sales	$	2,345	$	2,110	$	7,995	$	5,469

(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.