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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 369.0 $ 358.0
Allowance for doubtful accounts receivable (1.0)  
Receivables, net of allowance for doubtful accounts of $1 million at December 31, 2022, and 2021, respectively 127.0 169.0
Inventories 337.0 278.0
Prepaid expenses and other current assets 20.0 17.0
Disposal Group, Including Discontinued Operation, Assets, Current 0.0 68.0
Total current assets 854.0 890.0
Timber and timberlands 40.0 42.0
Property, plant and equipment, net 1,326.0 1,039.0
Operating lease assets 44.0 50.0
Goodwill and other intangible assets 36.0 39.0
Investments in and advances to affiliates 6.0 7.0
Restricted cash 14.0 13.0
Other assets 24.0 25.0
Deferred tax asset 7.0 2.0
Long-term assets of discontinued operations 0.0 87.0
Total assets 2,350.0 2,194.0
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 317.0 304.0
Income taxes payable 19.0 13.0
Current portion of contingency reserves 1.0 1.0
Current liabilities of discontinued operations 0.0 34.0
Total current liabilities 336.0 351.0
Long-term debt, excluding current portion 346.0 346.0
Deferred income taxes 113.0 86.0
Non-current operating lease liabilities 41.0 44.0
Contingency reserves, excluding current portion 26.0 24.0
Other long-term liabilities 53.0 63.0
Long term liabilities of discontinued operations 0.0 42.0
Liabilities 916.0 955.0
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 0.0 $ 4.0
Preferred Stock, Par or Stated Value Per Share $ 1  
Preferred Stock, Shares Authorized 15,000,000  
Common Stock, Par or Stated Value Per Share $ 1  
Common Stock, Shares, Outstanding 71,748,200  
Common Stock, Shares, Issued 87,986,865 85,636,154
Common Stock, Shares Authorized 200,000,000 102,415,883
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; 87,986,865 shares issued, and 71,748,200 shares issued and outstanding, respectively, as of December 31, 2022; 102,415,883 shares issued and 85,636,154 shares issued and outstanding, respectively, as of December 31, 2021 88.0 102.0
Additional paid-in capital 462.0 458.0
Retained earnings $ 1,371.0 $ 1,239.0
Treasury Stock, Shares 16,238,665 16,779,729
Treasury stock, 16,238,665 shares and 16,779,729 shares, at cost as of December 31, 2022, and 2021, respectively $ (388.0) $ (390.0)
Accumulated comprehensive loss (99.0) (174.0)
Total stockholders' equity 1,433.0 1,235.0
Total liabilities and stockholders' equity $ 2,350.0 $ 2,194.0