INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories include raw materials, work-in-process, finished goods as well as materials and supplies, as shown below:

DOLLAR AMOUNTS IN MILLIONS
	DECEMBER 31, 2019		DECEMBER 31, 2018
LIFO inventories:
Logs	$	19	$	11
Lumber, plywood, panels and fiberboard		82		75
Other products		10		10
FIFO or moving average cost inventories:
Logs		28		35
Lumber, plywood, panels, fiberboard and engineered wood products		84		86
Other products		98		83
Materials and supplies		95		89
Total	$	416	$	389