CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2026	Sep. 30, 2025
OPERATING ACTIVITIES
Net income from continuing operations	$ 117,000,000	$ 160,000,000
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, amortization and cost of timber harvested	105,000,000	110,000,000
Deferred income tax provision (benefit), net	(22,000,000)	(6,000,000)
Stock-based compensation	10,000,000	16,000,000
Foreign exchange gain on intercompany note	(19,000,000)	0
Changes in operating assets, liabilities and other:
Accounts and notes receivable	54,000,000	76,000,000
Inventories	(92,000,000)	(19,000,000)
Accounts payable and accrued liabilities	(1,000,000)	(51,000,000)
Other	(11,000,000)	(46,000,000)
CASH PROVIDED BY OPERATING ACTIVITIES FROM CONTINUING OPERATIONS	141,000,000	240,000,000
CASH USED FOR OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS, NET	(49,000,000)	(66,000,000)
CASH PROVIDED BY OPERATING ACTIVITIES	92,000,000	174,000,000
INVESTMENT ACTIVITIES
Invested in capital projects	(156,000,000)	(142,000,000)
Other	1,000,000	0
CASH USED FOR INVESTMENT ACTIVITIES FROM CONTINUING OPERATIONS	(155,000,000)	(142,000,000)
CASH USED FOR INVESTMENT ACTIVITIES FROM DISCONTINUED OPERATIONS, NET	(12,000,000)	(26,000,000)
CASH USED FOR INVESTMENT ACTIVITIES	(167,000,000)	(168,000,000)
FINANCING ACTIVITIES
Dividends paid	(54,000,000)	(55,000,000)
Issuance of debt	661,000,000	64,000,000
Reduction of debt	(529,000,000)	(63,000,000)
Repurchases of common stock	0	(82,000,000)
Other	(1,000,000)	(8,000,000)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES FROM CONTINUING OPERATIONS	77,000,000	(144,000,000)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES FROM DISCONTINUED OPERATIONS, NET	(1,000,000)	16,000,000
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	76,000,000	(128,000,000)
Effect of Exchange Rate Changes on Cash	0	11,000,000
Change in Cash Included in Assets Held for Sale	(6,000,000)	(44,000,000)
Change in Cash and Temporary Investments	7,000,000	(67,000,000)
Beginning of the period	86,000,000	142,000,000
End of the period	$ 93,000,000	$ 75,000,000