FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2018

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Assets and Liabilities

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

	June 30,				December 30,
	2018				2017
	Carrying		Fair		Carrying		Fair
(In millions)	Value		Value		Value		Value
Timber notes receivable	$	853	$	843	$	863	$	865
Company-owned life insurance		89		89		90		90
Financial liabilities:
Recourse debt:
Term Loan, due 2022		682		729		717		754
Revenue bonds, due in varying amounts periodically    through 2029		186		186		186		185
American & Foreign Power Company, Inc. 5% debentures,    due 2030		14		14		14		14
Non-recourse debt		765		758		776		777