INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2022

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2022		DECEMBER 31, 2021
LIFO inventories:
Logs	$	24	$	26
Lumber, plywood, panels and fiberboard		60		61
Other products		14		17
Moving average cost or FIFO inventories:
Logs		52		65
Lumber, plywood, panels, fiberboard and engineered wood products		116		106
Other products		147		131
Materials and supplies		129		114
Total	$	542	$	520