CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
NET SALES	$ 905	$ 941
COSTS AND EXPENSES
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below)	716	670
Selling and administrative expenses	74	82
Depreciation, amortization and cost of timber harvested	39	35
Taxes other than payroll and income taxes	7	6
Interest (income) expense, net	9	7
Income before income taxes	60	141
Income tax provision	17	44
NET INCOME	$ 43	$ 97
EARNINGS PER SHARE
Net earnings (loss), basic (in dollars per share)	$ 1.04	$ 2.28
Net earnings (loss), diluted (in dollars per share)	$ 1.02	$ 2.25