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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Statement of Cash Flows [Abstract]    
Net income $ 99 $ 221
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]    
Depreciation, amortization and cost of timber harvested 134 115
Deferred income tax provision (benefit), net (10) (4)
Stock-based compensation 17 17
Changes in operating assets and liabilities and other:    
Accounts and notes receivable 69 (28)
Inventories (34) (21)
Accounts payable and accrued liabilities (63) 16
Other (38) (11)
CASH PROVIDED BY OPERATING ACTIVITIES 174 305
INVESTMENT ACTIVITIES    
Invested in capital projects (168) (157)
CASH USED FOR INVESTMENT ACTIVITIES (168) (157)
FINANCING ACTIVITIES    
Dividends paid (55) (43)
Issuance of debt 67 250
Reduction of debt (65) (285)
Repurchases of common stock (82) (30)
Other 7 (6)
CASH USED FOR FINANCING ACTIVITIES (128) (114)
Effect of Exchange Rate Changes on Cash 11 (6)
Change in Cash, Temporary Investments and Restricted Cash (111) 28
Beginning of the period 205 280
End of the period $ 94 $ 308