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BUSINESS SEGMENTS (Tables)
 3 Months Ended
Mar. 31, 2018
A reconciliation of Revenue from Segments to Consolidated

A reconciliation of our business segment information to the respective information in the Consolidated Statement of Operations is as follows:
 
QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS
MARCH 2018
 
MARCH 2017
Sales to unaffiliated customers (Note 3):
 
 
 
Timberlands
$
505

 
$
486

Real Estate & ENR
51

 
53

Wood Products
1,309

 
1,154

 
1,865

 
1,693

Intersegment sales:
 
 
 
Timberlands
228

 
202

 


 


Total sales
2,093

 
1,895

Intersegment eliminations
(228
)
 
(202
)
Total
$
1,865

 
$
1,693

Net contribution to earnings:
 
 
 
Timberlands
$
189

 
$
148

Real Estate & ENR(1)
25

 
26

Wood Products
270

 
172

 
484

 
346

Unallocated items(2)
(92
)
 
(66
)
Net contribution to earnings
392

 
280

Interest expense, net of capitalized interest
(93
)
 
(99
)
Earnings before income taxes
299

 
181

Income taxes
(30
)
 
(24
)
Net earnings
$
269

 
$
157



(1)
The Real Estate & ENR segment includes the equity earnings from investments in and advances to our Real Estate Development Ventures, which are accounted for under the equity method.
(2)
Unallocated items are gains or charges not related to, or allocated to, an individual operating segment. They include a portion of items such as: share-based compensation expenses, pension and postretirement costs, foreign exchange transaction gains and losses and the elimination of intersegment profit in inventory and LIFO.