Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents	$ 256	$ 340
Receivables, net of allowance for doubtful accounts of $2 as of March 31, 2025 and $1 as of December 31, 2024	159	131
Inventories	399	357
Prepaid expenses and other current assets	25	27
Total current assets	839	855
Timber and timberlands	27	29
Property, plant, and equipment, net	1,606	1,592
Operating lease assets	25	25
Goodwill and other intangible assets	26	26
Investments in and advances to affiliates	18	17
Other assets	22	20
Deferred Tax Assets, Deferred Income	7	4
Total assets	2,570	2,569
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	265	287
Accrued Income Taxes, Current	12	11
Total current liabilities	277	299
Long-term Debt and Lease Obligation	348	348
Deferred Income Tax Liabilities, Net	149	145
Operating Lease liability, noncurrent	23	24
Loss Contingency Accrual	26	27
Other long-term liabilities	55	57
Liabilities	878	899
Stockholders' equity:
Common stock, $1 par value per share, 200 shares authorized; 85 shares issued and 70 shares issued and outstanding, respectively, as of March 31, 2025; and 86 shares issued and 70 shares issued and outstanding, respectively, as of December 31, 2024	85	86
Additional paid-in capital	480	478
Retained earnings	1,625	1,615
Treasury stock, 15 shares and 16 shares at cost as of March 31, 2025 and December 31, 2024, respectively	(388)	(386)
Accumulated comprehensive loss	(110)	(122)
Total stockholders' equity	1,692	1,671
Total liabilities and stockholders' equity	$ 2,570	$ 2,569
Treasury Stock, Shares	15,000,000	16,000,000