Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 259.0	$ 181.0
Receivables, net of allowance for doubtful accounts of $2 million and $1 million at June 30, 2020, and December 31, 2019, respectively	175.0	164.0
Inventories	240.0	265.0
Prepaid expenses and other current assets	15.0	9.0
Total current assets	689.0	619.0
Timber and timberlands	55.0	63.0
Property, plant, and equipment, net	912.0	965.0
Operating lease assets	42.0	44.0
Goodwill and other intangible assets	48.0	53.0
Investments in and advances to affiliates	11.0	10.0
Restricted Cash, Noncurrent	0.0	14.0
Other assets	50.0	67.0
Total assets	1,807.0	1,835.0
LIABILITIES AND EQUITY
Accounts payable and accrued liabilities	204.0	242.0
Income taxes payable	13.0	0.0
Other Liabilities, Current	2.0	2.0
Total current liabilities	219.0	244.0
Long-term portion	348.0	348.0
Deferred Income Tax Liabilities, Net	71.0	73.0
Operating Lease liability, noncurrent	33.0	36.0
Other long-term liabilities	125.0	133.0
Liabilities	796.0	834.0
Redeemable noncontrolling interest	11.0	10.0
Stockholders' equity:
Common stock, $1 par value, 200,000,000 shares authorized; 129,665,899 and 112,259,769 shares issued and outstanding, respectively, as of June 30, 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	446.0	454.0
Retained earnings	999.0	966.0
Treasury stock, 17,406,130 shares and 17,720,878 shares, at cost as of June 30, 2020, and December 31, 2019, respectively	(400.0)	(406.0)
Accumulated comprehensive loss	(175.0)	(153.0)
Total stockholders' equity	1,000.0	991.0
Total liabilities and stockholders' equity	$ 1,807.0	$ 1,835.0