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BUSINESS SEGMENTS - Reconciliation of Business Segment Information in Consolidated Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers $ 2,276 $ 2,345 $ 8,361 $ 7,995
Net contribution (charge) to earnings 454 645 2,819 3,024
Interest expense, net of capitalized interest (67) (79) (204) (236)
Loss on debt extinguishment 0 0 (276) 0
Earnings before income taxes 387 566 2,339 2,788
Income taxes (77) (84) (470) (597)
Net earnings 310 482 1,869 2,191
Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 2,409 2,474 8,811 8,394
Net contribution (charge) to earnings 499 695 3,025 3,223
Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers (133) (129) (450) (399)
Unallocated items        
Segment Reporting, Revenue Reconciling Item        
Net contribution (charge) to earnings (45) (50) (206) (199)
Timberlands        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 441 423 1,421 1,207
Timberlands | Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 441 423 1,421 1,207
Net contribution (charge) to earnings 107 133 442 354
Timberlands | Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 133 129 450 399
Real Estate & ENR        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 68 69 313 285
Real Estate & ENR | Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 68 69 313 285
Net contribution (charge) to earnings 48 45 194 174
Wood Products        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 1,767 1,853 6,627 6,503
Wood Products | Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Sales to unaffiliated customers 1,767 1,853 6,627 6,503
Net contribution (charge) to earnings $ 344 $ 517 $ 2,389 $ 2,695