CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
NET SALES	$ 959	$ 821
COSTS AND EXPENSES
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below)	688	620
Selling and administrative expenses	82	66
Depreciation, amortization and cost of timber harvested	35	31
Taxes other than payroll and income taxes	6	6
Interest (income) expense, net	7	17
Income from continuing operations before income taxes	141	81
Income tax provision	44	26
NET INCOME FROM CONTINUING OPERATIONS	97	55
Discontinued operations, net of taxes	0	(29)
NET INCOME (LOSS)	$ 97	$ 26
BASIC EARNINGS (LOSS) PER SHARE
Earnings from continuing operations, basic (in dollars per share)	$ 2.28	$ 1.25
Discontinued operations, net of taxes, basic (in dollars per share)	0	(0.66)
Net earnings (loss), basic (in dollars per share)	2.28	0.59
DILUTED EARNINGS (LOSS) PER SHARE
Earnings from continuing operations, diluted (in dollars per share)	2.25	1.25
Discontinued operations, net of taxes, diluted (in dollars per share)	0	(0.66)
Net earnings (loss), diluted (in dollars per share)	$ 2.25	$ 0.59