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Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

ACCOUNTS RECEIVABLE

Receivables consist of:

			December 31,
			2024						2023
Trade accounts receivable			$	167.5					$	85.2
Allowance for current expected credit losses			(1.6)						(1.2)
Unbilled receivables			5.3						4.1
Taxes receivable			2.6						4.8
Other			15.0						3.1
			$	188.7					$	96.1

Schedule of Inventory, Current

INVENTORIES

Our inventories are stated at the lower of net realizable value or current cost using the average cost method.

			December 31,
			2024						2023
Logs, chips and sawdust			$	25.1					$	22.1
Pulp			6.9						4.7
Paperboard products			123.4						77.4
Materials and supplies			102.5						57.0
			$	258.0					$	161.2

Property, Plant and Equipment

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment are stated at cost, including assets acquired under finance lease obligations, and any interest costs capitalized, less accumulated depreciation. Depreciation of buildings, equipment and other depreciable assets is determined using the straight-line method. Estimated useful lives generally range from 10 to 40 years for land improvements, 10 to 40 years for buildings and improvements and 2 to 25 years for machinery and equipment (includes office and other equipment).

			December 31,
			2024						2023
Land and land improvements			$	65.8					$	45.1
Buildings and improvements			232.4						179.4
Machinery and equipment			1,942.6						1,341.1
Construction in progress			87.6						43.0
Property, plant and equipment			2,328.4						1,608.6
Less accumulated depreciation and amortization			(1,305.4)						(1,247.9)
Property, plant and equipment, net			$	1,023.1					$	360.7

Accounts Payable and Accrued Liabilities

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

			December 31,
			2024			2023
Trade payables			$	164.6		$	89.1
Accrued compensation			38.2			32.8
Operating lease liabilities			11.1			8.5
Taxes payable			50.8			1.2
Other			55.0			63.8
			$	319.7		$	195.5

Supplier Finance Program [Table Text Block]

The roll forward of our outstanding obligations confirmed as valid under the program were as follows:

			December 31,
			2024			2023
Supplier finance program obligations balance, beginning of the year			$	14.7		$	14.5
Invoice amounts added during the year			84.1			74.7
Invoice amounts paid during the year			(86.1)			(74.6)
Supplier finance program obligations balance, end of year			$	12.7		$	14.7

Schedule of Asset Retirement Obligations

The following table represents the activity associated with our asset retirement obligations.

			December 31,
			2024						2023
Beginning balance			$	2.0					$	1.9
Liabilities acquired			2.9						—
Accretion expense			0.2						0.1
Payments			(0.1)						(0.1)
Ending balance			$	5.0					$	2.0

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