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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 535.0 $ 181.0
Receivables, net of allowance for doubtful accounts of $2 million and $1 million at December 31, 2020, and 2019, respectively 184.0 164.0
Inventories 259.0 265.0
Prepaid expenses and other current assets 15.0 9.0
Total current assets 993.0 619.0
Timber and timberlands 52.0 63.0
Property, plant and equipment, net 918.0 965.0
Operating lease assets 40.0 44.0
Goodwill and other intangible assets 46.0 50.0
Investments in and advances to affiliates 11.0 10.0
Restricted cash 0.0 14.0
Other assets 24.0 69.0
Deferred tax asset 3.0 1.0
Total assets 2,086.0 1,835.0
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 267.0 242.0
Income taxes payable 18.0 0.0
Current portion of contingency reserves 1.0 2.0
Total current liabilities 286.0 244.0
Long-term debt, excluding current portion 348.0 348.0
Deferred income taxes 78.0 73.0
Non-current operating lease liabilities 32.0 36.0
Contingency reserves, excluding current portion 13.0 8.0
Other long-term liabilities 86.0 125.0
Liabilities 842.0 834.0
Redeemable Noncontrolling Interest, Equity, Carrying Amount 10.0 10.0
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; 123,547,974 shares and 106,240,030 shares issued and outstanding, respectively, as of December 31, 2020; 129,665,899 shares and 111,945,021 shares issued and outstanding, respectively, as of December 31, 2019 124.0 130.0
Additional paid-in capital 452.0 454.0
Retained earnings 1,206.0 966.0
Treasury stock, 17,307,944 shares and 17,720,878 shares, at cost as of December 31, 2020, and 2019, respectively   (406.0)
Accumulated comprehensive loss (151.0) (153.0)
Total stockholders' equity 1,234.0 991.0
Total liabilities and stockholders' equity 2,086.0 $ 1,835.0
Treasury Stock [Member]    
Stockholders' equity:    
Treasury stock, 17,307,944 shares and 17,720,878 shares, at cost as of December 31, 2020, and 2019, respectively $ (397.0)