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Inventories
6 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories are valued at the lower of cost or net realizable value. Inventory cost includes materials, labor, and operating overhead. The major types of inventories (work in process is not material and is included in Semi-finished inventory) are as follows (dollar amounts in millions):
June 30, 2022December 31, 2021
Logs$47 $50 
Other raw materials81 57 
Semi-finished inventory26 20 
Finished products157 150 
Total$309 $278