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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 304.0 $ 878.0
Receivables, net of allowance for doubtful accounts of $3 million at September 30, 2019 and $1 million at December 31, 2018 183.0 128.0
Inventories 260.0 273.0
Prepaid expenses and other current assets 14.0 8.0
Total current assets 761.0 1,287.0
Timber and timberlands 61.0 62.0
Property, plant and equipment, net 1,034.0 1,010.0
Goodwill and other intangible assets 54.0 26.0
Operating lease assets 41.0 0.0
Investments in and advances to affiliates 10.0 49.0
Other assets 82.0 79.0
Total assets 2,043.0 2,514.0
LIABILITIES AND EQUITY    
Long-term Debt and Lease Obligation, Current 3.0 5.0
Accounts payable and accrued liabilities 213.0 236.0
Income taxes payable 1.0 21.0
Total current liabilities 216.0 262.0
Long-term debt, excluding current portion 348.0 347.0
Operating Lease liability, noncurrent 33.0 0.0
Other long-term liabilities 223.0 205.0
Redeemable noncontrolling interest 12.0 0.0
Stockholders' equity:    
Common stock, $1 par value, 200,000,000 shares authorized, 135,237,793 shares issued and outstanding at September 30, 2019 and 153,358,542 shares issued and outstanding at December 31, 2018 135.0 153.0
Additional paid-in capital 453.0 458.0
Retained earnings 1,185.0 1,613.0
Treasury stock, 17,793,832 shares and 16,525,351 shares, at cost (408.0) (378.0)
Accumulated comprehensive loss (152.0) (146.0)
Total stockholders' equity 1,213.0 1,700.0
Total liabilities and stockholders' equity $ 2,043.0 $ 2,514.0