Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 126	$ 369
Receivables, net of allowance for doubtful accounts of $1 million as of March 31, 2023 and December 31, 2022	148	127
Inventories	415	337
Prepaid expenses and other current assets	23	20
Total current assets	713	854
Timber and timberlands	33	40
Property, plant, and equipment, net	1,397	1,326
Operating lease assets	42	44
Goodwill and other intangible assets	36	36
Investments in and advances to affiliates	5	6
Restricted Cash, Noncurrent	0	14
Other assets	24	24
Deferred Tax Assets, Deferred Income	10	7
Total assets	2,259	2,350
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	227	317
Accrued Income Taxes, Current	1	19
Total current liabilities	229	336
Long-term Debt and Lease Obligation	347	346
Deferred Income Tax Liabilities, Net	115	113
Operating Lease liability, noncurrent	35	41
Loss Contingency Accrual	26	26
Other long-term liabilities	56	53
Liabilities	808	916
Redeemable noncontrolling interest	1	0
Stockholders' equity:
Common stock, $1 par value, 200,000,000 shares authorized; 87,986,865 and 72,031,465 shares issued and outstanding, respectively, as of March 31, 2023; and 87,986,865 and 71,748,200 shares issued and outstanding, respectively, as of December 31, 2022	88	88
Additional paid-in capital	455	462
Retained earnings	1,375	1,371
Treasury stock, 15,955,400 shares and 16,238,665 shares, at cost as of March 31, 2023, and December 31, 2022, respectively	(388)	(388)
Accumulated comprehensive loss	(80)	(99)
Total stockholders' equity	1,450	1,433
Total liabilities and stockholders' equity	$ 2,259	$ 2,350