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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SEPTEMBER 2026 |
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SEPTEMBER 2025 |
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SEPTEMBER 2026 |
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SEPTEMBER 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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$ |
98 |
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$ |
100 |
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$ |
281 |
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$ |
300 |
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Export grade sales |
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62 |
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69 |
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194 |
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207 |
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Subtotal West |
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160 |
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169 |
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475 |
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507 |
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South |
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163 |
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154 |
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456 |
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460 |
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North |
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13 |
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13 |
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36 |
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35 |
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Subtotal delivered logs sales |
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336 |
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336 |
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967 |
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1,002 |
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Stumpage and pay-as-cut timber |
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15 |
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22 |
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36 |
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45 |
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Recreational and other lease revenue |
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21 |
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21 |
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61 |
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59 |
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Other(1) |
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6 |
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7 |
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37 |
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35 |
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Net sales attributable to Timberlands segment |
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378 |
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386 |
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1,101 |
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1,141 |
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Strategic Land Solutions segment |
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Real estate |
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51 |
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62 |
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211 |
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196 |
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Natural resources |
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27 |
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30 |
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88 |
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75 |
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Climate solutions |
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21 |
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11 |
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147 |
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80 |
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Net sales attributable to Strategic Land Solutions segment |
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99 |
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103 |
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446 |
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351 |
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Wood Products segment |
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Structural lumber |
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629 |
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509 |
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1,698 |
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1,617 |
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Oriented strand board |
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172 |
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167 |
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519 |
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600 |
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Engineered solid section |
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171 |
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162 |
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507 |
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492 |
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Engineered I-joists |
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91 |
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85 |
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252 |
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268 |
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Softwood plywood |
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51 |
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38 |
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136 |
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119 |
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Medium density fiberboard |
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37 |
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39 |
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99 |
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107 |
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Complementary building products |
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170 |
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149 |
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492 |
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429 |
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Other(2) |
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64 |
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79 |
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206 |
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240 |
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Net sales attributable to Wood Products segment |
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1,385 |
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1,228 |
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3,909 |
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3,872 |
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Total net sales |
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$ |
1,862 |
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$ |
1,717 |
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$ |
5,456 |
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$ |
5,364 |
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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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