A reconciliation of revenue recognized by our major products:
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QUARTER ENDED |
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YEAR-TO-DATE ENDED |
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DOLLAR AMOUNTS IN MILLIONS |
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JUNE 2026 |
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JUNE 2025 |
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JUNE 2026 |
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JUNE 2025 |
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Net sales to unaffiliated customers: |
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Timberlands segment |
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Delivered logs: |
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West |
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Domestic sales |
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$ |
100 |
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$ |
102 |
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$ |
183 |
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$ |
200 |
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Export grade sales |
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71 |
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67 |
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132 |
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138 |
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Subtotal West |
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171 |
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169 |
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315 |
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338 |
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South |
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145 |
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154 |
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293 |
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306 |
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North |
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9 |
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8 |
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23 |
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22 |
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Subtotal delivered logs sales |
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325 |
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331 |
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631 |
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666 |
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Stumpage and pay-as-cut timber |
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11 |
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13 |
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21 |
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23 |
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Recreational and other lease revenue |
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20 |
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19 |
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40 |
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38 |
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Other(1) |
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11 |
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10 |
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31 |
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28 |
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Net sales attributable to Timberlands segment |
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367 |
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373 |
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723 |
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755 |
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Strategic Land Solutions segment |
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Real estate |
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91 |
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72 |
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160 |
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134 |
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Natural resources |
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34 |
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26 |
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61 |
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45 |
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Climate solutions |
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15 |
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56 |
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126 |
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69 |
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Net sales attributable to Strategic Land Solutions segment |
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140 |
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154 |
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347 |
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248 |
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Wood Products segment |
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Structural lumber |
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591 |
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581 |
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1,069 |
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1,108 |
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Oriented strand board |
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180 |
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205 |
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347 |
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433 |
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Engineered solid section |
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181 |
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169 |
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336 |
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330 |
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Engineered I-joists |
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89 |
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95 |
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161 |
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183 |
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Softwood plywood |
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47 |
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41 |
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85 |
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81 |
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Medium density fiberboard |
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31 |
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36 |
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62 |
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68 |
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Complementary building products |
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179 |
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155 |
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322 |
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280 |
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Other(2) |
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62 |
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75 |
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142 |
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161 |
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Net sales attributable to Wood Products segment |
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1,360 |
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1,357 |
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2,524 |
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2,644 |
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Total net sales |
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$ |
1,867 |
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$ |
1,884 |
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$ |
3,594 |
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$ |
3,647 |
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(1)Other Timberlands sales include sales of seeds and seedlings from our nursery operations as well as wood chips. (2)Other Wood Products sales include wood chips, other byproducts and third-party residual log sales from our Canadian Forestlands operations.
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