INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2019		DECEMBER 31, 2018
LIFO inventories:
Logs	$	21	$	11
Lumber, plywood, panels and fiberboard		73		75
Other products		14		10
FIFO or moving average cost inventories:
Logs		20		35
Lumber, plywood, panels, fiberboard and engineered wood products		86		86
Other products		83		83
Materials and supplies		96		89
Total	$	393	$	389