XML 19 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 645.0 $ 535.0
Receivables, net of allowance for doubtful accounts of $2 million at March 31, 2021, and December 31, 2020 264.0 184.0
Inventories 307.0 259.0
Prepaid expenses and other current assets 10.0 15.0
Total current assets 1,226.0 993.0
Timber and timberlands 63.0 52.0
Property, plant, and equipment, net 921.0 918.0
Operating lease assets 39.0 40.0
Goodwill and other intangible assets 45.0 46.0
Investments in and advances to affiliates 9.0 11.0
Restricted Cash, Noncurrent 13.0 0.0
Other assets 24.0 24.0
Deferred Tax Assets, Deferred Income 2.0 3.0
Total assets 2,343.0 2,086.0
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 262.0 267.0
Accrued Income Taxes, Current 97.0 18.0
Other Liabilities, Current 1.0 1.0
Total current liabilities 360.0 286.0
Long-term portion 346.0 348.0
Deferred Income Tax Liabilities, Net 82.0 78.0
Operating Lease liability, noncurrent 30.0 32.0
Loss Contingency Accrual 13.0 13.0
Other long-term liabilities 99.0 86.0
Liabilities 930.0 842.0
Redeemable noncontrolling interest 9.0 10.0
Stockholders' equity:    
Common stock, $1 par value, 200,000,000 shares authorized; 121,153,436 and 104,234,125 shares issued and outstanding, respectively, as of March 31, 2021; and 123,547,974and 106,240,030 shares issued and outstanding, respectively, as of December 31, 2020 121.0 124.0
Additional paid-in capital 443.0 452.0
Retained earnings 1,390.0 1,206.0
Treasury stock, 16,919,311 shares and 17,307,944 shares, at cost as of March 31, 2021 and December 31, 2020, respectively (393.0) (397.0)
Accumulated comprehensive loss (157.0) (151.0)
Total stockholders' equity 1,404.0 1,234.0
Total liabilities and stockholders' equity $ 2,343.0 $ 2,086.0