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CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
NET SALES $ 3,351 $ 3,773 $ 3,721
COSTS AND EXPENSES      
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below) 2,616 2,833 2,809
Selling and administrative expenses 281 311 343
Depreciation, amortization and cost of timber harvested 179 159 143
Taxes other than payroll and income taxes 26 26 23
Interest expense (income), net 39 39 34
Goodwill and Intangible Asset Impairment 11 0 0
Income (loss) before income taxes 199 405 369
Income tax provision 67 103 116
NET INCOME $ 132 $ 302 $ 253
EARNINGS PER SHARE      
Basic $ 3.29 $ 7.35 $ 6.02
Diluted $ 3.24 $ 7.18 $ 5.93