CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
OPERATING ACTIVITIES
NET INCOME (LOSS)	$ (3)	$ 27
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:
Depreciation, amortization and cost of timber harvested	41	40
Deferred income tax provision (benefit), net	(4)	0
Stock-based compensation	3	6
Foreign exchange gain on intercompany note	(19)	0
Changes in operating assets and liabilities and other:
Accounts and notes receivable	54	30
Inventories	(56)	4
Accounts payable and accrued liabilities	(23)	(63)
Other	(3)	(21)
CASH PROVIDED BY (USED FOR) OPERATING ACTIVITIES	(10)	23
INVESTMENT ACTIVITIES
Invested in capital projects	(49)	(48)
CASH USED FOR INVESTMENT ACTIVITIES	(49)	(48)
FINANCING ACTIVITIES
Dividends paid	(18)	(18)
Issuance of debt	114	23
Reduction of debt	(47)	(11)
Repurchases of common stock	0	(20)
Other	4	(5)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	53	(31)
Effect of Exchange Rate Changes on Cash	1	5
Change in Cash and Temporary Investments	(5)	(51)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Beginning Balance	135	205
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Ending Balance	$ 130	$ 154