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BUSINESS SEGMENTS - Additional Financial Information (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | $ 125 | $ 126 | $ 250 | $ 251
Capital expenditures | 107 | 91 | 200 | 170
Operating segments | Timberlands |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 64 | 67 | 129 | 131
Capital expenditures | 19 | 21 | 45 | 52
Operating segments | Real Estate & ENR |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 4 | 4 | 6 | 7
Capital expenditures | 0 | 0 | 0 | 0
Operating segments | Wood Products |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 55 | 54 | 110 | 110
Capital expenditures | 88 | 63 | 155 | 105
Unallocated Items |  |  |  |
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items] |  |  |  |
Depreciation, depletion and amortization | 2 | 1 | 5 | 3
Capital expenditures | $ 0 | $ 7 | $ 0 | $ 13

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