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OTHER OPERATING COSTS , NET
9 Months Ended
Sep. 30, 2024
Component of Operating Income [Abstract]  
OTHER OPERATING COSTS, NET

NOTE 13: OTHER OPERATING COSTS, NET

Other operating costs, net were comprised of the following:

 

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

SEPTEMBER 2024

 

 

SEPTEMBER 2023

 

 

SEPTEMBER 2024

 

 

SEPTEMBER 2023

 

Environmental remediation charges

 

$

2

 

 

$

1

 

 

$

8

 

 

$

14

 

Litigation expense, net

 

 

12

 

 

 

9

 

 

 

30

 

 

 

11

 

Product remediation recovery

 

 

 

 

 

 

 

 

(25

)

 

 

 

Research and development expenses

 

 

1

 

 

 

2

 

 

 

5

 

 

 

5

 

Restructuring, impairments and other charges

 

 

10

 

 

 

 

 

 

10

 

 

 

 

Other, net

 

 

3

 

 

 

8

 

 

 

13

 

 

 

20

 

Total other operating costs, net

 

$

28

 

 

$

20

 

 

$

41

 

 

$

50

 

 

Asset Impairment

During third quarter 2024, we recorded a $10 million noncash impairment charge related to the indefinite curtailment of our New Bern lumber mill. The loss was attributable to our Wood Products segment and was recorded within “Other operating costs, net” in our Consolidated Statement of Operations.