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BUSINESS SEGMENTS - Reconciliation of Business Segment Information in Consolidated Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting, Revenue Reconciling Item        
Net sales to unaffiliated customers $ 1,717 $ 1,681 $ 5,364 $ 5,416
Total sales 1,717 1,681 5,364 5,416
Net contribution (charge) to earnings 110 82 440 556
Costs of sales 1,513 1,431 4,500 4,407
Gross margin 204 250 864 1,009
Selling expenses 23 22 69 66
General and administrative expenses 107 122 340 358
Other segment items (36) 24 15 29
Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Total sales (150) (136) (458) (416)
Unallocated items        
Segment Reporting, Revenue Reconciling Item        
Net sales to unaffiliated customers 0 0 0 0
Total sales (150) (136) (458) (416)
Net contribution (charge) to earnings (20) (53) (194) (183)
Costs of sales (162) (142) (433) (410)
Gross margin 12 6 (25) (6)
Selling expenses 0 0 1 1
General and administrative expenses 36 51 129 146
Other segment items (4) 8 39 30
Timberlands        
Segment Reporting, Revenue Reconciling Item        
Total sales 386 357 1,141 1,153
Timberlands | Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Net sales to unaffiliated customers 386 357 1,141 1,153
Total sales 536 493 1,599 1,569
Net contribution (charge) to earnings 80 57 270 218
Costs of sales 429 410 1,254 1,275
Gross margin 107 83 345 294
Selling expenses 0 1 1 1
General and administrative expenses 25 24 73 74
Other segment items 2 1 1 1
Timberlands | Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Total sales 150 136 458 416
Real Estate & ENR        
Segment Reporting, Revenue Reconciling Item        
Total sales 103 89 351 305
Real Estate & ENR | Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Net sales to unaffiliated customers 103 89 351 305
Total sales 103 89 351 305
Net contribution (charge) to earnings 69 51 231 170
Costs of sales 28 31 104 118
Gross margin 75 58 247 187
Selling expenses 0 0 0 0
General and administrative expenses 7 6 20 20
Other segment items (1) 1 (4) (3)
Real Estate & ENR | Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Total sales 0 0 0 0
Wood Products        
Segment Reporting, Revenue Reconciling Item        
Total sales 1,228 1,235 3,872 3,958
Wood Products | Operating Segments        
Segment Reporting, Revenue Reconciling Item        
Net sales to unaffiliated customers 1,228 1,235 3,872 3,958
Total sales 1,228 1,235 3,872 3,958
Net contribution (charge) to earnings (19) 27 133 351
Costs of sales 1,218 1,132 3,575 3,424
Gross margin 10 103 297 534
Selling expenses 23 21 67 64
General and administrative expenses 39 41 118 118
Other segment items (33) 14 (21) 1
Wood Products | Intersegment eliminations        
Segment Reporting, Revenue Reconciling Item        
Total sales $ 0 $ 0 $ 0 $ 0