CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 112	$ 113
Accounts receivable, net:
Trade	257	230
Other	56	48
Inventories, net	510	462
Other current assets	54	47
Total current assets	989	900
Fixed assets, net	1,270	1,441
Amortizable intangible assets, net	57	63
Goodwill	31	31
Deferred income tax assets	653	915
Operating lease right-of-use assets	54	60
Other assets	484	320
Total assets	3,538	3,730
Current liabilities:
Accounts payable and other	421	369
Current portion of long-term debt	2	2
Current portion of operating lease liabilities	8	9
Total current liabilities	431	380
Long-term debt, net of current portion	300	559
Pension and other postretirement benefit obligations	1,151	1,562
Operating lease liabilities, net of current portion	51	55
Other liabilities	88	92
Total liabilities	2,021	2,648
Commitments and contingencies
Resolute Forest Products Inc. shareholders’ equity:
Common stock, $0.001 par value. 121.2 million shares issued and 76.8 million shares outstanding as of December 31, 2021; 120.6 million shares issued and 80.8 million shares outstanding as of December 31, 2020	0	0
Additional paid-in capital	3,807	3,804
Deficit	(1,009)	(1,235)
Accumulated other comprehensive loss	(1,062)	(1,314)
Treasury stock at cost, 44.4 million shares and 39.8 million shares as of December 31, 2021 and 2020, respectively	(222)	(174)
Total Resolute Forest Products Inc. shareholders’ equity	1,514	1,081
Noncontrolling interest	3	1
Total equity	1,517	1,082
Total liabilities and equity	$ 3,538	$ 3,730