v3.25.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 202,000,000 $ 641,000,000
Receivables 244,000,000 294,000,000
Income taxes receivable 79,000,000 22,000,000
Inventories 828,000,000 844,000,000
Prepaid expenses 34,000,000 36,000,000
Current assets 1,387,000,000 1,837,000,000
Property, plant and equipment 3,593,000,000 3,842,000,000
Timber licences 335,000,000 358,000,000
Goodwill and other intangible assets 1,726,000,000 2,180,000,000
Export duty deposits 474,000,000 408,000,000
Other assets 99,000,000 129,000,000
Deferred income tax assets 6,000,000 7,000,000
Assets 7,620,000,000 8,760,000,000
Current liabilities    
Payables and accrued liabilities 584,000,000 604,000,000
Current portion of long-term debt 0 200,000,000
Current portion of reforestation and decommissioning obligations 52,000,000 55,000,000
Income taxes payable 14,000,000 75,000,000
Current liabilities 651,000,000 934,000,000
Long-term debt 300,000,000 0
Other liabilities 423,000,000 264,000,000
Deferred income tax liabilities 397,000,000 609,000,000
Liabilities 1,771,000,000 1,807,000,000
Shareholders’ Equity    
Share capital 2,496,000,000 2,549,000,000
Retained earnings 3,630,000,000 4,726,000,000
Accumulated other comprehensive loss (277,000,000) (321,000,000)
Shareholders’ equity 5,849,000,000 6,954,000,000
Liabilities and shareholders' equity $ 7,620,000,000 $ 8,760,000,000