INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2021

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, 2021		DECEMBER 31, 2020
LIFO inventories:
Logs	$	22	$	24
Lumber, plywood, panels and fiberboard		64		59
Other products		13		9
Moving average cost or FIFO inventories:
Logs		52		64
Lumber, plywood, panels, fiberboard and engineered wood products		113		84
Other products		121		100
Materials and supplies		114		103
Total	$	499	$	443