v3.25.2
REVENUE RECOGNITION - Revenue by Major Products (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue from External Customer        
Net sales $ 1,884 $ 1,939 $ 3,647 $ 3,735
Timberlands        
Revenue from External Customer        
Net sales 373 409 755 796
Timberlands | Delivered logs        
Revenue from External Customer        
Net sales 331 367 666 707
Timberlands | Stumpage and pay-as-cut timber        
Revenue from External Customer        
Net sales 13 13 23 24
Timberlands | Recreational and other lease revenue        
Revenue from External Customer        
Net sales 19 19 38 38
Timberlands | Other        
Revenue from External Customer        
Net sales 10 10 28 27
Timberlands | West | Delivered logs        
Revenue from External Customer        
Net sales 169 205 338 381
Timberlands | South | Delivered logs        
Revenue from External Customer        
Net sales 154 153 306 304
Timberlands | North | Delivered logs        
Revenue from External Customer        
Net sales 8 9 22 22
Timberlands | Domestic grade sales | West | Delivered logs        
Revenue from External Customer        
Net sales 102 97 200 191
Timberlands | Export grade sales | West | Delivered logs        
Revenue from External Customer        
Net sales 67 108 138 190
Real Estate & ENR        
Revenue from External Customer        
Net sales 154 109 248 216
Real Estate & ENR | Real Estate        
Revenue from External Customer        
Net sales 123 78 192 161
Real Estate & ENR | Energy and natural resources        
Revenue from External Customer        
Net sales 31 31 56 55
Wood Products        
Revenue from External Customer        
Net sales 1,357 1,421 2,644 2,723
Wood Products | Structural lumber        
Revenue from External Customer        
Net sales 581 499 1,108 963
Wood Products | Oriented strand board        
Revenue from External Customer        
Net sales 205 288 433 543
Wood Products | Engineered solid section        
Revenue from External Customer        
Net sales 169 191 330 368
Wood Products | Engineered I-joists        
Revenue from External Customer        
Net sales 95 107 183 206
Wood Products | Softwood plywood        
Revenue from External Customer        
Net sales 41 42 81 83
Wood Products | Medium density fiberboard        
Revenue from External Customer        
Net sales 36 42 68 81
Wood Products | Complementary building products        
Revenue from External Customer        
Net sales 155 176 280 317
Wood Products | Other        
Revenue from External Customer        
Net sales $ 75 $ 76 $ 161 $ 162