CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 877	$ 1,164
Receivables, net	373	354
Receivables for taxes	10	10
Inventories (Note 5)	592	566
Prepaid expenses and other current assets	142	219
Total current assets	1,994	2,313
Property and equipment, less accumulated depreciation of $3,935 and $3,901	2,247	2,269
Construction in progress	316	270
Timber and timberlands at cost, less depletion	11,502	11,528
Minerals and mineral rights, less depletion	192	200
Deferred tax assets	13	15
Other assets	404	388
Total assets	16,668	16,983
Current liabilities:
Current maturities of long-term debt (Note 8)	210	0
Accounts payable	275	287
Accrued liabilities (Note 7)	507	501
Total current liabilities	992	788
Long-term debt, net (Note 8)	4,864	5,069
Deferred tax liabilities	78	81
Deferred pension and other post-employment benefits (Note 6)	462	461
Other liabilities	345	348
Total liabilities	6,741	6,747
Commitments and contingencies (Note 10)
Equity:
Common shares: $1.25 par value; authorized 1,360 million shares; issued and outstanding: 726,758 thousand shares at September 30, 2024 and 729,753 thousand shares at December 31, 2023	909	912
Other capital	7,517	7,608
Retained earnings	1,780	2,009
Accumulated other comprehensive loss (Note 11)	(279)	(293)
Total equity	9,927	10,236
Total liabilities and equity	$ 16,668	$ 16,983