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INVENTORIES (Tables)
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventories

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

 

DOLLAR AMOUNTS IN MILLIONS

 

MARCH 31,
2025

 

 

DECEMBER 31,
2024

 

LIFO inventories:

 

 

 

 

 

 

Logs

 

$

21

 

 

$

23

 

Lumber, plywood, oriented strand board and fiberboard

 

 

95

 

 

 

82

 

Other products

 

 

14

 

 

 

14

 

Moving average cost or FIFO inventories:

 

 

 

 

 

 

Logs

 

 

71

 

 

 

55

 

Lumber, plywood, oriented strand board, fiberboard and engineered wood products

 

 

146

 

 

 

130

 

Other products

 

 

164

 

 

 

147

 

Materials and supplies

 

 

164

 

 

 

156

 

Total

 

$

675

 

 

$

607