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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
NET SALES $ 821 $ 905
COSTS AND EXPENSES    
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below) 662 716
Selling and administrative expenses 73 74
Depreciation, amortization and cost of timber harvested 40 39
Taxes other than payroll and income taxes 4 7
Interest (income) expense, net 9 9
Income before income taxes 33 60
Income tax provision 6 17
NET INCOME $ 27 $ 43
EARNINGS PER SHARE    
Net earnings (loss), basic (in dollars per share) $ 0.66 $ 1.04
Net earnings (loss), diluted (in dollars per share) $ 0.65 $ 1.02