REVENUE (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from External Customer [Line Items]

Revenue by Major Products

MAJOR PRODUCTS

A reconciliation of revenue recognized by our major products:

	QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS	MARCH 2018		MARCH 2017
Net sales:
Timberlands Segment
Delivered logs(1):
West
Domestic sales	$	137	$	119
Export sales	129		106
Subtotal West	266		225
South	157		148
North	25		27
Other	14		20
Subtotal delivered logs sales	462		420
Stumpage and pay-as-cut timber	15		12
Recreational and other lease revenue	14		14
Other(2)	14		40
Net sales attributable to Timberlands segment	505		486
Real Estate & ENR Segment
Real estate	34		37
Energy and natural resources	17		16
Net sales attributable to Real Estate & ENR segment	51		53
Wood Products Segment
Structural lumber	569		478
Engineered solid section	129		117
Engineered I-joists	78		73
Oriented strand board	232		203
Softwood plywood	50		44
Medium density fiberboard	43		47
Complementary building products	137		122
Other	71		70
Net sales attributable to Wood Products segment	1,309		1,154
Total net sales	$	1,865	$	1,693

(1) The West region includes Washington and Oregon. The South region includes Virginia, North Carolina, South Carolina, Florida, Georgia, Alabama, Mississippi, Louisiana, Arkansas, Texas and Oklahoma. The North region includes West Virginia, Maine, New Hampshire, Vermont, Michigan, Wisconsin and Montana. Other includes our Canadian operations and managed Twin Creeks Venture. Our management agreement for the Twin Creeks Venture began in April 2016 and terminated in December 2017.

(2) Other Timberlands sales include sales of seeds and seedlings, chips, as well as sales from our former Uruguayan operations (sold during third quarter 2017). Our former Uruguayan operations included logs, plywood and hardwood lumber harvested or produced. Refer to Note 4: Operations Divested for further information.