Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	Year Ended December 31,
	2021		2020		2019
Domestic	$	1,632	$	528	$	18
Foreign	167		93		(41)
Total	$	1,799	$	621	$	(23)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31,
	2021		2020		2019
Current tax provision (benefit):
U.S. federal	$	314	$	79	$	(5)
State and local	62		17		(1)
Foreign	44		27		(17)
Net current tax provision (benefit)	420		123		(23)
Deferred tax provision (benefit):
U.S. federal	2		(3)		7
State and local	—		8		(1)
Foreign	4		(2)		5
Net valuation allowance increase (decrease)	—		(1)		(1)
Net deferred tax provision	6		2		10
Total income tax provision (benefit)	$	426	$	125	$	(13)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of significant temporary differences creating deferred tax assets and liabilities were as follows:

	December 31,
	2021		2020
Accrued liabilities	$	20	$	23
Pension and post-retirement benefits	4		5
Stock-based compensation	4		4
Benefit relating to capital loss, NOL carryforwards, and credit carryforwards	7		9
Inventories	8		7
Operating lease liabilities	8		5
Other	9		12
Total deferred tax assets	60		65
Valuation allowance	(10)		(10)
Total deferred tax asset after valuation allowance	50		55
Property, plant, and equipment	(112)		(109)
Timber and timberlands	(8)		(9)
Operating lease assets	(8)		(5)
Investment in Entekra	(6)		(7)
Total deferred tax liabilities	(134)		(130)
Net deferred tax liabilities	(84)		(75)
Balance sheet classification
Long-term deferred tax asset	2		3
Long-term deferred tax liability	(86)		(78)
	$	(84)	$	(75)

Summary of Tax Credit Carryforwards [Table Text Block]

The benefit relating to capital loss and credit carryforwards included in the above table at December 31, 2021, consisted of:

	Benefit Amount		Valuation Allowance		Expiration Beginning in
State credit carryforwards	$	1	$	—	2034
Canadian capital loss carryforwards	6		(6)		No expiration
	$	7	$	(6)

We periodically review the need for valuation allowances against deferred tax assets and recognize these deferred tax assets to the extent that their realization is more likely than not. As part of our review, we consider all positive and negative evidence, including earnings history, the future reversal of deferred tax liabilities, and the relevant expirations of carryforwards. We believe that the valuation allowances provided are appropriate. If future years’ earnings differ from the estimates used to establish these valuation allowances, or other objective positive or negative evidence arises, we may be required to record an adjustment to the valuation allowance resulting in an impact on tax provision (benefit) for that period.

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following table summarizes the differences between the U.S. federal statutory tax rates and the total effective tax rates from continuing operations:

	Year Ended December 31,
	2021			2020			2019
Income from continuing operations before income taxes, including equity in unconsolidated affiliates	$	1,799		$	621		$	(23)
U.S. federal tax rate	21		%	21		%	21		%
State and local income taxes net of federal benefit	3			3			11
Effect of foreign tax rates	1			1			9
Effect of foreign exchange on functional currencies	—			—			(4)
Tax credits	—			(1)			8
Noncontrolling interest	—			—			(4)
Stock-based compensation	—			—			5
Capital gain tax rate differential	—			—			5
Inflationary adjustment	—			—			5
Valuation allowance	—			—			8
Uncertain tax positions	—			(4)			(7)
Other, net	(1)			—			1
Effective tax rate (%)	24		%	20		%	58		%

Summary of Income Tax Contingencies [Table Text Block]

In accordance with the accounting for uncertain tax positions, the following is a tabular reconciliation of the total amount of unrecognized tax benefits at the beginning and end of the years presented: 

	December 31,
	2021		2020		2019
Beginning balance	$	11	$	38	$	41
Increases:
Tax positions taken in current year	1		1		1
Tax positions taken in prior years	—		1		—
Decreases:
Settlements during the year	—		—		(4)
Lapse of statute in current year	(3)		(29)		—
Ending balance	$	9	$	11	$	38