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ASSETS HELD FOR SALE	9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]
ASSETS HELD FOR SALE	NOTE 16: ASSETS HELD FOR SALE On September 16, 2019, we announced an agreement to sell 555,000 acres of Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for $300 million in cash. This transaction relates to the Timberlands segment and is subject to customary closing conditions, and is expected to close in fourth quarter 2019. The sale of our Michigan timberlands is not considered a strategic shift that has, or will have, a major effect on our operations or financial results and therefore does not meet the requirements for presentation as discontinued operations in accordance with generally accepted accounting principles. However, the related assets have met the relevant criteria to be classified as held for sale in the current period Consolidated Balance Sheet. As of September 30, 2019, “Assets held for sale” had a balance of $251 million, which consisted primarily of timberlands and other related assets.

ASSETS HELD FOR SALE

9 Months Ended

Sep. 30, 2019

Property Plant And Equipment [Abstract]

NOTE 16: ASSETS HELD FOR SALE

On September 16, 2019, we announced an agreement to sell 555,000 acres of Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for $300 million in cash. This transaction relates to the Timberlands segment and is subject to customary closing conditions, and is expected to close in fourth quarter 2019.

The sale of our Michigan timberlands is not considered a strategic shift that has, or will have, a major effect on our operations or financial results and therefore does not meet the requirements for presentation as discontinued operations in accordance with generally accepted accounting principles. However, the related assets have met the relevant criteria to be classified as held for sale in the current period Consolidated Balance Sheet. As of September 30, 2019, “Assets held for sale” had a balance of $251 million, which consisted primarily of timberlands and other related assets.