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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 340.0 $ 389.3
Receivables, net of allowance for doubtful accounts of $1.1 million and $1.3 million at December 31, 2011 and December 31, 2010 65.1 66.8
Income tax receivable 3.5 18.7
Inventories 163.6 151.9
Prepaid expenses and other current assets 5.7 5.6
Deferred income taxes 17.0 23.4
Current portion of notes receivable from asset sales 10.0 0
Assets held for sale 51.9 57.9
Total current assets 656.8 713.6
Timber and timberlands 45.5 46.8
Land, land improvements and logging roads, net of road amortization 120.6 125.3
Buildings 265.5 280.2
Machinery and equipment 1,636.5 1,702.2
Construction in progress 5.5 4.8
Property, plant and equipment, at cost 2,028.1 2,112.5
Accumulated depreciation (1,245.9) (1,195.4)
Net property, plant and equipment 782.2 917.1
Notes receivable from asset sales 523.5 533.5
Investments in and advances to affiliates 79.1 110.0
Deferred debt costs 8.9 10.1
Long-term investments 0.7 15.4
Restricted cash 12.9 31.1
Intangible assets, net of amortization 1.4 2.2
Other assets 24.9 24.9
Long-term deferred tax asset 4.0 5.9
Total assets 2,139.9 2,410.6
LIABILITIES AND EQUITY    
Current portion of long-term debt 5.3 0.2
Notes Payable 7.9 0
Accounts payable and accrued liabilities 122.3 127.8
Current portion of contingency reserves 4.0 7.0
Total current liabilities 139.5 135.0
Long-term debt, excluding current portion 715.9 714.5
Deferred income taxes 106.0 164.8
Contingency reserves, excluding current portion 17.2 25.9
Other long-term liabilities 160.4 129.8
Redeemable non-controlling interest 0 22.8
Stockholders' equity:    
Preferred stock, $1 par value, 15,000,000 shares authorized, no shares issued 0 0
Common stock, $1 par value, 200,000,000 shares authorized, 149,818,301 and 144,836,996 shares issued 149.8 144.8
Additional paid-in capital 549.9 559.4
Retained earnings 681.8 863.1
Treasury stock (274.4) (279.9)
Accumulated comprehensive loss (106.2) (69.6)
Total stockholders' equity 1,000.9 1,217.8
Total liabilities and stockholders' equity $ 2,139.9 $ 2,410.6