INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2018

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2018		DECEMBER 31, 2017
LIFO inventories:
Logs	$	16	$	17
Lumber, plywood, panels and fiberboard	63		66
Other products	13		10
FIFO or moving average cost inventories:
Logs	21		38
Lumber, plywood, panels, fiberboard and engineered wood products	107		91
Other products	80		77
Materials and supplies	89		84
Total	$	389	$	383