Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 346	$ 222
Receivables, net of allowance for doubtful accounts of $2 as of September 30, 2024 and December 31, 2023	136	155
Inventories	372	378
Prepaid expenses and other current assets	30	23
Total current assets	885	778
Timber and timberlands	30	32
Property, plant, and equipment, net	1,567	1,540
Operating lease assets	25	25
Goodwill and other intangible assets	26	27
Investments in and advances to affiliates	18	5
Other assets	21	20
Deferred Tax Assets, Deferred Income	4	11
Total assets	2,576	2,437
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	282	254
Accrued Income Taxes, Current	22	5
Total current liabilities	303	259
Long-term Debt and Lease Obligation	347	347
Deferred Income Tax Liabilities, Net	153	162
Operating Lease liability, noncurrent	25	25
Loss Contingency Accrual	25	25
Other long-term liabilities	56	61
Liabilities	910	880
Stockholders' equity:
Common stock, $1 par value per share, 200 shares authorized; 86 and 70 shares issued and outstanding, respectively, as of September 30, 2024; and 88 and 72 shares issued and outstanding, respectively, as of December 31, 2023	86	88
Additional paid-in capital	472	465
Retained earnings	1,594	1,479
Treasury stock, 16 shares at cost as of September 30, 2024 and December 31, 2023	(386)	(386)
Accumulated comprehensive loss	(100)	(89)
Total stockholders' equity	1,666	1,557
Total liabilities and stockholders' equity	$ 2,576	$ 2,437
Treasury Stock, Shares	16,000,000	16,000,000