INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2018

Inventories

Inventories include raw materials, work-in-process, finished goods, and materials and supplies.

DOLLAR AMOUNTS IN MILLIONS	MARCH 31, 2018		DECEMBER 31, 2017
LIFO inventories:
Logs	$	19	$	17
Lumber, plywood, panels and fiberboard	76		66
Other products	16		10
FIFO or moving average cost inventories:
Logs	64		38
Lumber, plywood, panels, fiberboard and engineered wood products	109		91
Other products	77		77
Materials and supplies	84		84
Total	$	445	$	383