XML 36 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 488.0 $ 181.0
Receivables, net of allowance for doubtful accounts of $1 million at March 31, 2020, and December 31, 2019, respectively 172.0 164.0
Inventories 284.0 265.0
Prepaid expenses and other current assets 11.0 9.0
Assets held for sale 21.0 0.0
Total current assets 976.0 619.0
Timber and timberlands 56.0 63.0
Property, plant, and equipment, net 930.0 965.0
Operating lease assets 43.0 44.0
Goodwill and other intangible assets 53.0 53.0
Investments in and advances to affiliates 12.0 10.0
Restricted Cash, Noncurrent 0.0 14.0
Other assets 62.0 67.0
Total assets 2,132.0 1,835.0
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 208.0 242.0
Income taxes payable 6.0 2.0
Total current liabilities 214.0 244.0
Long-term portion 698.0 348.0
Deferred Income Tax Liabilities, Net 65.0 73.0
Operating Lease liability, noncurrent 34.0 36.0
Other long-term liabilities 127.0 133.0
Liabilities 1,138.0 834.0
Redeemable noncontrolling interest 10.0 10.0
Stockholders' equity:    
Common stock, $1 par value, 200,000,000 shares authorized; shares 129,665,899 and 112,170,565 shares issued and outstanding, respectively, as of March 31, 2020; and 129,665,899 and 111,945,021 shares issued and outstanding, respectively, as of December 31, 2019 130.0 130.0
Additional paid-in capital 448.0 454.0
Retained earnings 983.0 966.0
Treasury stock, 17,495,334 shares and 17,720,878 shares, at cost as of March 31, 2020, and December 31, 2019, respectively (402.0) (406.0)
Accumulated comprehensive loss (175.0) (153.0)
Total stockholders' equity 984.0 991.0
Total liabilities and stockholders' equity $ 2,132.0 $ 1,835.0