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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Receivables consisted of the following (dollars in millions):
| December 31,
| 2023 |  | 2022
Trade receivables | $ | 104 |  |  | $ | 106 |
Income tax receivables | 27 |  |  | 4 |
Other receivables | 26 |  |  | 19 |
Allowance for doubtful accounts | (2) |  |  | (1) |
Total Receivables | $ | 155 |  |  | $ | 127 |
Schedule of Inventory, Current [Table Text Block] | Inventories Inventories are valued at the lower of cost or net realizable value. Inventory costs include materials, labor, and operating overhead. The FIFO (first-in, first-out) or average cost methods are used to value our inventories as of December 31, 2023. Inventories include a lower of cost or market adjustment of $7 million and $22 million as of December 31, 2023, and 2022, respectively. Inventory consisted of the following (dollars in millions):
| December 31,
| 2023 |  | 2022
Logs | $ | 81 |  |  | $ | 59 |
Other raw materials | 53 |  |  | 72 |
Semi-finished inventory | 27 |  |  | 25 |
Finished products | 217 |  |  | 180 |
Total Inventories | $ | 378 |  |  | $ | 337 |
Depreciation expense [Table Text Block] | Depreciation and amortization expense on property, plant, and equipment was included in our Consolidated Statements of Income as noted below (dollars in millions):
| Year Ended December 31,
2023 |  | 2022 |  | 2021
Cost of sales | $ | 111 |  |  | $ | 121 |  |  | $ | 107 |
Selling, general and administrative expenses | 4 |  |  | 4 |  |  | 2 |
Total depreciation and amortization | $ | 115 |  |  | $ | 124 |  |  | $ | 109 |
Property, Plant and Equipment [Table Text Block] | Property, plant, and equipment, including capitalized interest, are recorded at cost and consisted of the following (dollars in millions):
| December 31,
| 2023 |  | 2022
Land, land improvements, and logging roads, net of road amortization | $ | 212 |  |  | $ | 193 |
Buildings | 493 |  |  | 428 |
Machinery and equipment | 2,352 |  |  | 2,124 |
Construction in progress | 236 |  |  | 253 |
| 3,293 |  |  | 2,998 |
Accumulated depreciation | (1,753) |  |  | (1,672) |
Property, plant, and equipment, net | $ | 1,540 |  |  | $ | 1,326 |
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] | Accounts payable and accrued liabilities were as follows (dollars in millions):
| December 31,
| 2023 |  | 2022
Trade accounts payable | $ | 141 |  |  | $ | 178 |
Salaries and wages payable | 57 |  |  | 66 |
Accrued customer incentives | 37 |  |  | 46 |
Taxes other than income taxes | 3 |  |  | 10 |
Current portion of operating lease liabilities | 6 |  |  | 8 |
Other accrued liabilities | 10 |  |  | 9 |
Total Accounts payable and accrued liabilities | $ | 254 |  |  | $ | 317 |
Other Noncurrent Liabilities [Table Text Block] | Other long-term liabilities were as follows (dollars in millions):
| December 31,
| 2023 |  | 2022
Post-retirement obligations | $ | 7 |  |  | $ | 7 |
Asset retirement obligations | 8 |  |  | 8 |
Uncertain tax positions | 15 |  |  | 7 |
Warranty reserves | 6 |  |  | 6 |
Pension benefit obligation | 2 |  |  | 1 |
Other | 23 |  |  | 25 |
Total Other long-term liabilities | $ | 61 |  |  | $ | 53 |
Schedule of Asset Retirement Obligations [Table Text Block] | The activity in our asset retirement obligation liability for 2023 and 2022 is summarized in the following table (dollars in millions).
| Year Ended December 31,
2023 |  | 2022
Beginning balance | $ | 8 |  |  | $ | 8 |
Accretion expense | — |  |  | — |
Adjusted to expense (cost of sales and other operating credits and charges, net) | — |  |  | (1) |
Payments made | — |  |  | — |
Ending balance | $ | 8 |  |  | $ | 8 |

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