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Inventories | 3 Months Ended
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Mar. 31, 2025
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 first-in, first-out or average cost methods are used to value our inventories as of March 31, 2025. Inventory consisted of the following (dollar amounts in millions):
| March 31, 2025 |  | December 31, 2024
Logs | $ | 86 |  |  | $ | 64 |
Other raw materials | 42 |  |  | 41 |
Semi-finished inventories | 30 |  |  | 33 |
Finished products | 242 |  |  | 220 |
Total Inventories | $ | 399 |  |  | $ | 357 |

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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