FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Fair Value of Assets and Liabilities

The following table presents information about financial instruments at the balance sheet dates indicated.

	March 31, 2018				December 30, 2017
(In millions)	Carrying Value		Fair Value		Carrying Value		Fair Value
Timber notes receivable	$	858	$	849	$	863	$	865
Company-owned life insurance		88		88		90		90
Financial liabilities:
Recourse debt:
Term Loan, due 2022		699		743		717		754
Revenue bonds, due in varying amounts periodically through 2029		186		185		186		185
American & Foreign Power Company, Inc. 5% debentures, due 2030		14		14		14		14
Non-recourse debt		770		764		776		777