v3.26.1
REVENUE RECOGNITION - Revenue by Major Products (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue from External Customer        
Net sales $ 1,867 $ 1,884 $ 3,594 $ 3,647
Timberlands        
Revenue from External Customer        
Net sales 367 373 723 755
Timberlands | Delivered logs        
Revenue from External Customer        
Net sales 325 331 631 666
Timberlands | Stumpage and pay-as-cut timber        
Revenue from External Customer        
Net sales 11 13 21 23
Timberlands | Recreational and other lease revenue        
Revenue from External Customer        
Net sales 20 19 40 38
Timberlands | Other        
Revenue from External Customer        
Net sales 11 10 31 28
Timberlands | West | Delivered logs        
Revenue from External Customer        
Net sales 171 169 315 338
Timberlands | South | Delivered logs        
Revenue from External Customer        
Net sales 145 154 293 306
Timberlands | North | Delivered logs        
Revenue from External Customer        
Net sales 9 8 23 22
Timberlands | Domestic grade sales | West | Delivered logs        
Revenue from External Customer        
Net sales 100 102 183 200
Timberlands | Export grade sales | West | Delivered logs        
Revenue from External Customer        
Net sales 71 67 132 138
Strategic Land Solutions        
Revenue from External Customer        
Net sales 140 154 347 248
Strategic Land Solutions | Real Estate        
Revenue from External Customer        
Net sales 91 72 160 134
Strategic Land Solutions | Natural resources        
Revenue from External Customer        
Net sales 34 26 61 45
Strategic Land Solutions | Climate solutions        
Revenue from External Customer        
Net sales 15 56 126 69
Wood Products        
Revenue from External Customer        
Net sales 1,360 1,357 2,524 2,644
Wood Products | Structural lumber        
Revenue from External Customer        
Net sales 591 581 1,069 1,108
Wood Products | Oriented strand board        
Revenue from External Customer        
Net sales 180 205 347 433
Wood Products | Engineered solid section        
Revenue from External Customer        
Net sales 181 169 336 330
Wood Products | Engineered I-joists        
Revenue from External Customer        
Net sales 89 95 161 183
Wood Products | Softwood plywood        
Revenue from External Customer        
Net sales 47 41 85 81
Wood Products | Medium density fiberboard        
Revenue from External Customer        
Net sales 31 36 62 68
Wood Products | Complementary building products        
Revenue from External Customer        
Net sales 179 155 322 280
Wood Products | Other        
Revenue from External Customer        
Net sales $ 62 $ 75 $ 142 $ 161