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BUSINESS SEGMENTS - Total Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets $ 16,311 $ 16,406
Operating segments | Timberlands and Real Estate & ENR    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 12,874 13,130
Operating segments | Wood Products    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 2,619 2,452
Unallocated Items    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets $ 818 $ 824