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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Net sales (Note 3) $ 6,905 $ 7,124 $ 7,674
Costs of sales 5,880 5,811 5,992
Gross margin 1,025 1,313 1,682
Selling expenses 92 88 87
General and administrative expenses 453 480 431
Gain on sale of timberlands (Note 4) (266) 0 (84)
Other operating costs, net (Note 17) 15 60 62
Operating income 731 685 1,186
Non-operating pension and other post-employment benefit costs (Note 8) (220) (42) (45)
Interest income and other 22 53 76
Interest expense, net of capitalized interest (273) (269) (280)
Earnings before income taxes 260 427 937
Income taxes (Note 18) 64 (31) (98)
Net earnings $ 324 $ 396 $ 839
Basic and diluted earnings per share (Note 5):      
Basic $ 0.45 $ 0.54 $ 1.15
Diluted $ 0.45 $ 0.54 $ 1.15
Weighted average shares outstanding (in thousands) (Note 5):      
Basic 723,162 728,398 731,654
Diluted 723,567 728,957 732,222