BUSINESS SEGMENTS - Additional Financial Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	$ 500	$ 480	$ 477
Capital expenditures	447	468	441
Operating segments | Timberlands
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	267	256	261
Capital expenditures	111	113	114
Operating segments | Real Estate & ENR
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	16	17	15
Capital expenditures	0	0	0
Operating segments | Wood Products
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	210	201	196
Capital expenditures	323	347	320
Unallocated Items
Segment Reporting, Other Significant Reconciling Item [Line Items]
Depreciation, depletion and amortization	7	6	5
Capital expenditures	$ 13	$ 8	$ 7