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FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Dec. 31, 2024
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue from Contracts with Customers, including Intersegment Sales | $ 807 | $ 944 | $ 1,634 | $ 1,857 |
NET SALES | 794 | 933 | 1,615 | 1,838 |
Cost of products sold and other | 581 | 656 | 1,217 | 1,350 |
Maintenance outages | 66 | 29 | 93 | 54 |
Economic downtime | 0 | 7 | 3 | 11 |
Selling and administrative expenses, excluding Corporate Special Items | 72 | 82 | 145 | 155 |
Depreciation, amortization and cost of timber harvested | 45 | 37 | 85 | 76 |
Other Nonrecurring (Income) Expense | 0 | 0 | 2 | 2 |
Business Segment Operating Profit (Loss) | 30 | 122 | 74 | 194 |
Income before income taxes | 20 | 113 | 53 | 173 |
Interest (income) expense, net | 10 | 9 | 19 | 18 |
TOTAL ASSETS | 2,668 |  | 2,668 |  | $ 2,604
Payments to Acquire Productive Assets |  |  | 114 | 113 |
Europe Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | 181 | 205 | 371 | 412 |
Latin America Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | 194 | 235 | 387 | 443 |
North America Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | 419 | 493 | 857 | 983 |
Operating Segments | Europe Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue from Contracts with Customers, including Intersegment Sales | 181 | 206 | 371 | 413 |
NET SALES | 181 | 205 | 371 | 412 |
Cost of products sold and other | 168 | 169 | 347 | 362 |
Maintenance outages | 28 | 0 | 40 | 0 |
Economic downtime | 0 | 3 | 0 | 3 |
Selling and administrative expenses, excluding Corporate Special Items | 15 | 17 | 30 | 28 |
Depreciation, amortization and cost of timber harvested | 8 | 8 | 16 | 16 |
Other Nonrecurring (Income) Expense | 0 | 0 | 0 | 1 |
Business Segment Operating Profit (Loss) | (38) | 8 | (62) | 4 |
TOTAL ASSETS | 392 |  | 392 |  | 324
Payments to Acquire Productive Assets |  |  | 22 | 10 |
Operating Segments | Latin America Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue from Contracts with Customers, including Intersegment Sales | 207 | 245 | 406 | 461 |
NET SALES | 194 | 235 | 387 | 443 |
Cost of products sold and other | 125 | 150 | 253 | 295 |
Maintenance outages | 20 | 7 | 21 | 18 |
Economic downtime | 0 | 0 | 0 | 0 |
Selling and administrative expenses, excluding Corporate Special Items | 23 | 23 | 44 | 44 |
Depreciation, amortization and cost of timber harvested | 23 | 17 | 41 | 35 |
Other Nonrecurring (Income) Expense | (1) | (1) | 0 | 0 |
Business Segment Operating Profit (Loss) | 2 | 37 | 28 | 51 |
TOTAL ASSETS | 1,163 |  | 1,163 |  | 1,065
Payments to Acquire Productive Assets |  |  | 62 | 77 |
Operating Segments | North America Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue from Contracts with Customers, including Intersegment Sales | 419 | 493 | 857 | 983 |
NET SALES | 419 | 493 | 857 | 983 |
Cost of products sold and other | 288 | 337 | 617 | 693 |
Maintenance outages | 18 | 22 | 32 | 36 |
Economic downtime | 0 | 4 | 3 | 8 |
Selling and administrative expenses, excluding Corporate Special Items | 34 | 42 | 71 | 83 |
Depreciation, amortization and cost of timber harvested | 14 | 12 | 28 | 25 |
Other Nonrecurring (Income) Expense | 1 | 1 | 2 | 1 |
Business Segment Operating Profit (Loss) | 66 | 77 | 108 | 139 |
TOTAL ASSETS | 861 |  | 861 |  | 904
Payments to Acquire Productive Assets |  |  | 30 | 25 |
Segment Reconciling Items |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Other special items, net (a) | 0 | 0 | 2 | 2 |
Less: |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | (13) | (11) | (19) | (19) |
Less: | Europe Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | 0 | (1) | 0 | (1) |
Less: | Latin America Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | (13) | (10) | (19) | (18) |
Less: | North America Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
NET SALES | 0 | 0 | 0 | 0 |
Segment Reporting, Reconciling Item, Corporate Nonsegment |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Other Nonrecurring (Income) Expense | 0 | $ 0 | 0 | 1 |
TOTAL ASSETS | $ 252 |  | 252 |  | $ 311
Payments to Acquire Productive Assets |  |  | $ 0 | $ 1 |

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