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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 656.8 $ 560.9
Receivables, net of allowance for doubtful accounts of $1.1 million at December 31, 2013 and 2012 78.1 82.7
Inventories 224.4 209.8
Prepaid expenses and other current assets 7.7 6.0
Deferred income taxes 50.9 12.3
Current portion of notes receivable from asset sales 0 91.4
Assets held for sale 16.3 17.6
Total current assets 1,034.2 980.7
Timber and timberlands 71.6 40.1
Land, land improvements and logging roads, net of road amortization 123.1 119.7
Buildings 330.9 289.8
Machinery and equipment 1,794.5 1,683.2
Construction in progress 46.1 22.2
Property, plant and equipment, at cost 2,294.6 2,114.9
Accumulated depreciation (1,407.8) (1,349.2)
Net property, plant and equipment 886.8 765.7
Goodwill 9.7 0
Notes receivable from asset sales 432.2 432.2
Investments in and advances to affiliates 3.2 68.6
Deferred debt costs 6.8 9.2
Long-term investments 3.7 2.0
Restricted cash 11.3 12.0
Other assets 33.8 15.5
Long-term deferred tax asset 0 5.0
Total assets 2,493.3 2,331.0
LIABILITIES AND EQUITY    
Current portion of long-term debt 2.3 7.8
Current portion of limited recourse notes payable 0 90.0
Accounts payable and accrued liabilities 161.9 139.5
Current portion of contingency reserves 2.0 2.0
Total current liabilities 166.2 239.3
Long-term debt, excluding current portion 762.7 782.7
Deferred income taxes 188.7 93.6
Contingency reserves, excluding current portion 13.3 12.8
Other long-term liabilities 136.1 168.8
Stockholders' equity:    
Preferred stock, $1 par value, 15,000,000 shares authorized, no shares issued 0 0
Common stock, $1 par value, 200,000,000 shares authorized, 152,045,461 and 150,423,999 shares issued 152.0 150.4
Additional paid-in capital 508.0 533.6
Retained earnings 887.7 710.6
Treasury stock, 10,920,546 shares and 11,889,468 shares, at cost (232.2) (252.9)
Accumulated comprehensive loss (89.2) (107.9)
Total stockholders' equity 1,226.3 1,033.8
Total liabilities and stockholders' equity $ 2,493.3 $ 2,331.0