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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 420.0 $ 181.0
Receivables, net of allowance for doubtful accounts of $2 million and $1 million at September 30, 2020, and December 31, 2019, respectively 228.0 164.0
Inventories 238.0 265.0
Prepaid expenses and other current assets 18.0 9.0
Total current assets 904.0 619.0
Timber and timberlands 48.0 63.0
Property, plant, and equipment, net 902.0 965.0
Operating lease assets 40.0 44.0
Goodwill and other intangible assets 47.0 53.0
Investments in and advances to affiliates 12.0 10.0
Restricted Cash, Noncurrent 0.0 14.0
Other assets 20.0 67.0
Total assets 1,973.0 1,835.0
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 242.0 242.0
Other Liabilities, Current 2.0 2.0
Total current liabilities 244.0 244.0
Long-term portion 348.0 348.0
Deferred Income Tax Liabilities, Net 72.0 73.0
Operating Lease liability, noncurrent 32.0 36.0
Other long-term liabilities 124.0 133.0
Liabilities 820.0 834.0
Redeemable noncontrolling interest 11.0 10.0
Stockholders' equity:    
Common stock, $1 par value, 200,000,000 shares authorized; 128,740,037 and 111,401,497 shares issued and outstanding, respectively, as of September 30, 2020; and 129,665,899 and 111,945,021 shares issued and outstanding, respectively, as of December 31, 2019 129.0 130.0
Additional paid-in capital 450.0 454.0
Retained earnings 1,132.0 966.0
Treasury stock, 17,338,540 shares and 17,720,878 shares, at cost as of September 30, 2020, and December 31, 2019, respectively (399.0) (406.0)
Accumulated comprehensive loss (170.0) (153.0)
Total stockholders' equity 1,142.0 991.0
Total liabilities and stockholders' equity $ 1,973.0 $ 1,835.0