Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 503	$ 358
Receivables, net of allowance for doubtful accounts of $1 million as of June 30, 2022, and December 31, 2021	219	169
Inventories	309	278
Prepaid expenses and other current assets	28	17
Current assets held for sale	148	68
Total current assets	1,208	890
Timber and timberlands	40	42
Property, plant, and equipment, net	1,166	1,039
Operating lease assets	46	50
Goodwill and other intangible assets	37	39
Investments in and advances to affiliates	7	7
Restricted Cash, Noncurrent	13	13
Other assets	25	25
Deferred Tax Assets, Deferred Income	4	2
Long-term assets held for sale	0	87
Total assets	2,547	2,194
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	315	305
Accrued Income Taxes, Current	80	13
Current liabilities held for sale	69	34
Total current liabilities	464	351
Long-term Debt and Lease Obligation	346	346
Deferred Income Tax Liabilities, Net	114	86
Operating Lease liability, noncurrent	44	44
Loss Contingency Accrual	26	24
Other long-term liabilities	64	63
Long-term liabilities held for sale	0	42
Liabilities	1,059	955
Redeemable noncontrolling interest	3	4
Stockholders' equity:
Common stock, $1 par value, 200,000,000 shares authorized; 93,546,332 and 77,241,859 shares issued and outstanding, respectively, as of June 30, 2022; and 102,415,883 and 85,636,154 shares issued and outstanding, respectively, as of December 31, 2021	94	102
Additional paid-in capital	457	458
Retained earnings	1,505	1,239
Treasury stock, 16,304,473 shares and 16,779,729 shares, at cost as of June 30, 2022, and December 31, 2021, respectively	(390)	(390)
Accumulated comprehensive loss	(181)	(174)
Total stockholders' equity	1,484	1,235
Total liabilities and stockholders' equity	$ 2,547	$ 2,194