REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 31, 2019

Revenue From Contract With Customer [Abstract]

Revenue by Major Products

A Reconciliation of Revenue Recognized by our Major Products:

DOLLAR AMOUNTS IN MILLIONS
	2019		2018		2017
Net sales to unaffiliated customers:
Timberlands segment(1)
Delivered logs:
West
Domestic sales	$	375	$	503	$	473
Export grade sales		365		484		442
Subtotal West		740		987		915
South		640		625		616
North(2)		92		99		95
Other(3)		—		—		23
Subtotal delivered logs sales		1,472		1,711		1,649
Stumpage and pay-as-cut timber		42		59		73
Recreational and other lease revenue		61		59		59
Other(4)		43		44		112
Net sales attributable to Timberlands segment		1,618		1,873		1,893
Real Estate & ENR segment
Real estate		225		229		208
Energy and natural resources		88		77		72
Net sales attributable to Real Estate & ENR segment		313		306		280
Wood Products segment(1)
Structural lumber		1,892		2,258		2,058
Oriented strand board		632		891		904
Engineered solid section		510		521		500
Engineered I-joists		323		336		336
Softwood plywood		161		200		176
Medium density fiberboard		166		177		183
Complementary building products		602		584		541
Other(5)		337		330		325
Net sales attributable to Wood Products segment		4,623		5,297		5,023
Total	$	6,554	$	7,476	$	7,196

(1) In 2019, we changed the way we report our Canadian Forestlands operations. As a result, we no longer report related intersegment sales in the Timberlands segment and we now record the minimal associated third-party log sales in the Wood Products segment. These collective transactions did not contribute any earnings to the Timberlands or Wood Products segment. We have conformed prior year presentations with the current year.

(2) In November 2019, we sold our Michigan timberlands. Refer to Note 4: Divestitures and Assets Held for Sale for further information on this divestiture.

(3) Other delivered logs included sales from timberlands managed for the Twin Creeks Venture. Our management agreement for the Twin Creeks Venture began in April 2016 and terminated in December 2017. For additional information see Note 8: Related Parties.

(4) Other Timberlands sales includes sales of seeds and seedlings from our nursery operations as well as wood chips. Prior to our Uruguay operations being divested in September 2017, sales from these operations were included within this amount as well. Refer to Note 4: Divestitures and Assets Held for Sale for further information on this divestiture.

(5) Other Wood Products sales include wood chips, other byproducts and third-party residual log sales from our Canadian Forestlands operations.