CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current Assets
Cash and temporary investments	$ 157	$ 159
Accounts and notes receivable, net	469	402
Contract assets	27	26
Inventories	304	279
Assets held for sale	357	179
Other current assets	31	63
Total Current Assets	1,345	1,108
Plants, Properties and Equipment, net	755	764
Forestlands	299	278
Goodwill	128	122
Right of Use Assets	40	40
Long-Term Assets Held for Sale	0	141
Deferred Charges and Other Assets	174	144
TOTAL ASSETS	2,741	2,597
Current Liabilities
Accounts payable	360	387
Notes payable and current maturities of long-term debt	25	41
Accrued payroll and benefits	53	48
Liabilities held for sale	288	91
Other current liabilities	158	191
Total Current Liabilities	884	758
Long-Term Debt	1,290	1,357
Deferred Income Taxes	185	169
Long-Term Liabilities Held for Sale	0	13
Other Liabilities	130	118
Commitments and Contingent Liabilities (Note 12)
Equity
Common stock $1 par value, 200.0 shares authorized, 44.1 shares and 43.9 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	44	44
Paid-in capital	14	4
Retained earnings	1,897	1,935
Accumulated other comprehensive loss	(1,701)	(1,801)
Stockholders' equity before treasury stock	254	182
Less: Common stock held in treasury, at cost, 0.1 shares and 0.0 shares at June 30, 2022 and December 31, 2021, respectively	(2)	0
Total Equity	252	182
TOTAL LIABILITIES AND EQUITY	$ 2,741	$ 2,597