REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 31, 2020

Revenue From Contract With Customer [Abstract]

Revenue by Major Products

A Reconciliation of Revenue Recognized by our Major Products:

DOLLAR AMOUNTS IN MILLIONS
	2020		2019		2018
Net sales to unaffiliated customers:
Timberlands segment
Delivered logs:
West
Domestic sales	$	329	$	375	$	503
Export grade sales		391		365		484
Subtotal West		720		740		987
South		573		640		625
North(1)		52		92		99
Subtotal delivered logs sales		1,345		1,472		1,711
Stumpage and pay-as-cut timber		19		42		59
Recreational and other lease revenue		63		61		59
Other(2)		39		43		44
Net sales attributable to Timberlands segment		1,466		1,618		1,873
Real Estate & ENR segment
Real estate		202		225		229
Energy and natural resources		74		88		77
Net sales attributable to Real Estate & ENR segment		276		313		306
Wood Products segment
Structural lumber		2,602		1,892		2,258
Oriented strand board		1,013		632		891
Engineered solid section		505		510		521
Engineered I-joists		316		323		336
Softwood plywood		171		161		200
Medium density fiberboard		171		166		177
Complementary building products		676		602		584
Other(3)		336		337		330
Net sales attributable to Wood Products segment		5,790		4,623		5,297
Total	$	7,532	$	6,554	$	7,476

(1) In November 2019, we sold our Michigan timberlands and in March 2020, we sold our Montana timberlands. Refer to Note 4: Timberland Acquisitions and Divestitures for further information on these divestitures.

(2) Other Timberlands sales includes sales of seeds and seedlings from our nursery operations as well as wood chips.

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