Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 222.0	$ 369.0
Receivables, net of allowance for doubtful accounts of $2 million at December 31, 2023, and $1 million at December 31, 2022, respectively	155.0	127.0
Inventories	378.0	337.0
Prepaid expenses and other current assets	23.0	20.0
Total current assets	778.0	854.0
Timber and timberlands	32.0	40.0
Property, plant and equipment, net	1,540.0	1,326.0
Operating lease assets	25.0	44.0
Goodwill and other intangible assets	27.0	36.0
Investments in and advances to affiliates	5.0	6.0
Restricted cash	0.0	14.0
Other assets	20.0	24.0
Deferred tax assets	11.0	7.0
Total assets	2,437.0	2,350.0
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	254.0	317.0
Income taxes payable	5.0	19.0
Current portion of contingency reserves	1.0	1.0
Total current liabilities	259.0	336.0
Long-term debt, excluding current portion	347.0	346.0
Deferred income taxes	162.0	113.0
Non-current operating lease liabilities	25.0	41.0
Contingency reserves, excluding current portion	25.0	26.0
Other long-term liabilities	61.0	53.0
Liabilities	$ 880.0	$ 916.0
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	72,155,979
Common Stock, Shares, Issued	87,986,865	71,748,200
Common Stock, Shares Authorized	200,000,000	87,986,865
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 72,155,979 shares issued and outstanding, respectively, as of December 31, 2023; 87,986,865 shares issued and 71,748,200 shares issued and outstanding, respectively, as of December 31, 2022	88.0	88.0
Additional paid-in capital	465.0	462.0
Retained earnings	1,479.0	1,371.0
Treasury stock, 15,830,886 shares and 16,238,665 shares, at cost as of December 31, 2023 and 2022, respectively	(386.0)	(388.0)
Accumulated comprehensive loss	(89.0)	(99.0)
Total stockholders' equity	1,557.0	1,433.0
Total liabilities and stockholders' equity	$ 2,437.0	$ 2,350.0