CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
NET SALES	$ 919	$ 912	$ 1,860	$ 1,733
COSTS AND EXPENSES
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below)	721	659	1,390	1,279
Selling and administrative expenses	76	81	159	147
Depreciation, amortization and cost of timber harvested	34	32	69	63
Taxes other than payroll and income taxes	6	6	12	12
Interest (income) expense, net	12	17	19	34
Income from continuing operations before income taxes	70	117	211	198
Income tax provision	21	33	65	59
NET INCOME FROM CONTINUING OPERATIONS	49	84	146	139
Discontinued operations, net of taxes	0	(143)	0	(172)
NET INCOME (LOSS)	$ 49	$ (59)	$ 146	$ (33)
BASIC EARNINGS (LOSS) PER SHARE
Earnings from continuing operations, basic (in dollars per share)	$ 1.16	$ 1.90	$ 3.44	$ 3.15
Discontinued operations, net of taxes, basic (in dollars per share)	0	(3.24)	0	(3.90)
Net earnings (loss), basic (in dollars per share)	1.16	(1.34)	3.44	(0.75)
DILUTED EARNINGS (LOSS) PER SHARE
Earnings from continuing operations, diluted (in dollars per share)	1.14	1.89	3.40	3.13
Discontinued operations, net of taxes, diluted (in dollars per share)	0	(3.22)	0	(3.87)
Net earnings (loss), diluted (in dollars per share)	$ 1.14	$ (1.33)	$ 3.40	$ (0.74)