REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 31, 2021

Revenue From Contract With Customer [Abstract]

Revenue by Major Products

A Reconciliation of Revenue Recognized by our Major Products:

DOLLAR AMOUNTS IN MILLIONS
	2021		2020		2019
Net sales to unaffiliated customers:
Timberlands segment
Delivered logs:
West
Domestic sales	$	308	$	329	$	375
Export grade sales		561		391		365
Subtotal West		869		720		740
South		589		573		640
North(1)		52		52		92
Subtotal delivered logs sales		1,510		1,345		1,472
Stumpage and pay-as-cut timber		31		19		42
Recreational and other lease revenue		65		63		61
Other(2)		30		39		43
Net sales attributable to Timberlands segment		1,636		1,466		1,618
Real Estate & ENR segment
Real estate		246		202		225
Energy and natural resources		98		74		88
Net sales attributable to Real Estate & ENR segment		344		276		313
Wood Products segment
Structural lumber		3,721		2,602		1,892
Oriented strand board		1,840		1,013		632
Engineered solid section		679		505		510
Engineered I-joists		447		316		323
Softwood plywood		210		171		161
Medium density fiberboard		186		171		166
Complementary building products		790		676		602
Other(3)		348		336		337
Net sales attributable to Wood Products segment		8,221		5,790		4,623
Total	$	10,201	$	7,532	$	6,554

(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.