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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 624.0 $ 358.0
Receivables, net of allowance for doubtful accounts of $2 million as of March 31, 2022, and December 31, 2021 320.0 191.0
Inventories 382.0 323.0
Prepaid expenses and other current assets 15.0 18.0
Total current assets 1,341.0 890.0
Timber and timberlands 54.0 84.0
Property, plant, and equipment, net 1,132.0 1,069.0
Operating lease assets 51.0 52.0
Goodwill and other intangible assets 38.0 39.0
Investments in and advances to affiliates 7.0 21.0
Restricted Cash, Noncurrent 14.0 13.0
Other assets 25.0 25.0
Deferred Tax Assets, Deferred Income 8.0 2.0
Total assets 2,670.0 2,194.0
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 330.0 338.0
Accrued Income Taxes, Current 129.0 13.0
Total current liabilities 459.0 351.0
Long-term Debt and Lease Obligation 346.0 346.0
Deferred Income Tax Liabilities, Net 103.0 86.0
Operating Lease liability, noncurrent 44.0 44.0
Loss Contingency Accrual 23.0 24.0
Other long-term liabilities 80.0 105.0
Liabilities 1,054.0 955.0
Redeemable noncontrolling interest 3.0 4.0
Stockholders' equity:    
Common stock, $1 par value, 200,000,000 shares authorized; 100,884,145 and 84,496,113 shares issued and outstanding, respectively, at March 31, 2022; and 102,415,883 and 85,636,154 shares issued and outstanding, respectively, at December 31, 2021 101.0 102.0
Additional paid-in capital 451.0 458.0
Retained earnings 1,601.0 1,239.0
Treasury stock, 16,388,032 shares and 16,779,729 shares, at cost as of March 31, 2022, and December 31, 2021, respectively (391.0) (390.0)
Accumulated comprehensive loss (149.0) (174.0)
Total stockholders' equity 1,613.0 1,235.0
Total liabilities and stockholders' equity $ 2,670.0 $ 2,194.0