Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table presents the financial results of the EWP segment (dollars in millions):

	December 31,
	20221		2021
Net sales	$	455	$	638
Cost of sales	(355)		(531)
Gross profit	101		107
Selling, general, and administrative expenses	(10)		(18)
Other operating credits and charges, net	—		—
Income from operations of discontinued operations	91		90
Other non-operating items	—		5
Gain on disposal before income taxes	158		—
Income from discontinued operations before income taxes	249		95
Provision for income taxes	(51)		(24)
Income from discontinued operations, net of income taxes	$	198	$	71

The following summarizes the total cash provided by operations and total cash used for investing activities related to the EWP segment and included in the Consolidated Statements of Cash Flows (dollars in millions):

	2022		2021
Net cash provided by discontinued operating activities	$	16	$	71
Net cash provided by (used in) discontinued investing activities	$	261	$	(6)