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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 878.4 $ 928.0
Receivables, net of allowance for doubtful accounts of $0.8 million and $0.9 million at December 31, 2018 and 2017 127.6 142.5
Inventories 273.0 259.1
Prepaid expenses and other current assets 8.2 7.8
Current portion of notes receivable from asset sales 0.0 22.2
Total current assets 1,287.2 1,359.6
Timber and timberlands 62.4 55.7
Property, plant and equipment, net 1,010.4 926.1
Goodwill and other intangible assets 26.2 26.7
Investments in and advances to affiliates 49.4 7.8
Restricted cash 13.4 13.3
Other assets 61.2 56.8
Deferred tax asset 3.9 2.5
Total assets 2,514.1 2,448.5
LIABILITIES AND EQUITY    
Current portion of long-term debt 5.0 25.1
Accounts payable and accrued liabilities 233.3 237.1
Income taxes payable 21.0 4.5
Current portion of contingency reserves 2.3 3.4
Total current liabilities 261.6 270.1
Long-term debt, excluding current portion 346.9 350.8
Deferred income taxes 62.2 33.4
Contingency reserves, excluding current portion 8.5 11.7
Other long-term liabilities 134.7 178.0
Stockholders' equity:    
Preferred stock, $1 par value, 15,000,000 shares authorized, no shares issued 0.0 0.0
Common stock, $1 par value, 200,000,000 shares authorized, 153,358,542 shares issued 153.4 153.4
Additional paid-in capital 458.2 470.6
Retained earnings 1,612.6 1,280.1
Treasury stock, 16,525,351 shares and 8,462,949 shares, at cost (377.6) (177.5)
Accumulated comprehensive loss (146.4) (122.1)
Total stockholders' equity 1,700.2 1,604.5
Total liabilities and stockholders' equity $ 2,514.1 $ 2,448.5