Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents	$ 316	$ 340
Receivables, net of allowance for doubtful accounts of $1 as of September 30, 2025 and December 31, 2024	158	131
Inventories	357	357
Prepaid expenses and other current assets	31	27
Total current assets	862	855
Timber and timberlands	25	29
Property, plant, and equipment, net	1,669	1,592
Operating lease assets	23	25
Goodwill and other intangible assets	24	26
Investments in and advances to affiliates	17	17
Other assets	23	20
Deferred Tax Assets, Deferred Income	6	4
Total assets	2,649	2,569
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	280	287
Accrued Income Taxes, Current	14	11
Total current liabilities	294	299
Long-term Debt and Lease Obligation	348	348
Deferred Income Tax Liabilities, Net	166	145
Operating Lease liability, noncurrent	22	24
Loss Contingency Accrual	26	27
Other long-term liabilities	55	57
Liabilities	910	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 September 30, 2025; and 86 shares issued and 70 shares issued and outstanding, respectively, as of December 31, 2024	85	86
Additional paid-in capital	500	478
Retained earnings	1,649	1,615
Treasury stock, 15 shares and 16 shares at cost as of September 30, 2025 and December 31, 2024, respectively	(386)	(386)
Accumulated comprehensive loss	(108)	(122)
Total stockholders' equity	1,739	1,671
Total liabilities and stockholders' equity	$ 2,649	$ 2,569