INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Inventories

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

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2020		DECEMBER 31, 2019
LIFO inventories:
Logs	$	13	$	19
Lumber, plywood, panels and fiberboard		65		82
Other products		9		10
Moving average cost or FIFO inventories:
Logs		35		28
Lumber, plywood, panels, fiberboard and engineered wood products		86		84
Other products		99		98
Materials and supplies		102		95
Total	$	409	$	416