Segment and geographical information (Tables)

12 Months Ended

Dec. 31, 2024


	Lumber		NA EWP		Pulp & Paper		Europe EWP		Corporate & Other		Total
Year ended December 31, 2024
Sales
To external customers	$	2,550	$	2,794	$	378	$	453	$	—	$	6,175
To other segments	42		9		11		—		(62)		—
	$	2,592	2,803		389		453		(63)		6,174
Cost of products sold	(2,080)		(1,634)		(309)		(375)		64		(4,333)
Freight and other distribution costs	(382)		(326)		(65)		(42)		—		(815)
Export duties, net	(72)		—		—		—		—		(72)
Amortization	(192)		(284)		(14)		(48)		(11)		(549)
Selling, general and administration	(142)		(99)		(11)		(29)		(1)		(282)
Equity-based compensation	—		—		—		—		(14)		(14)
Restructuring and impairment charges	(28)		(1)		(3)		(70)		(1)		(102)
Operating earnings (loss)	$	(303)	$	459	$	(13)	$	(110)	$	(26)	$	7

Total assets	3,641		3,943		187		561		429		$	8,760
Total liabilities	635		572		89		136		375		$	1,807
Capital expenditures	312		140		15		19		1		$	487


	Lumber		NA EWP		Pulp & Paper		Europe EWP		Corporate & Other		Total
Year ended December 31, 2023
Sales
To external customers	$	2,722	$	2,602	$	612	$	517	$	—	$	6,454
To other segments	72		6		11		—		(89)		—
	$	2,794	$	2,608	$	623	$	517	$	(89)	$	6,454
Cost of products sold	(2,215)		(1,594)		(555)		(409)		89		(4,685)
Freight and other distribution costs	(405)		(329)		(120)		(40)		—		(894)
Export duties, net	(8)		—		—		—		—		(8)
Amortization	(185)		(273)		(24)		(49)		(10)		(541)
Selling, general and administration	(164)		(96)		(25)		(21)		—		(307)
Equity-based compensation	—		—		—		—		(25)		(25)
Restructuring and impairment charges	(137)		—		(142)		—		—		(279)
Operating earnings (loss)	$	(319)	$	316	$	(242)	$	(3)	$	(35)	$	(284)

Total assets	3,606		4,338		333		691		446		$	9,415
Total liabilities	507		551		125		149		861		$	2,193
Capital expenditures	253		156		32		30		7		$	477

The geographic distribution of non-current assets and external sales based on the location of product delivery is as follows: