A 65-year-old man is evaluated for a 14-month history of progressively worsening cough and shortness of breath, most notable with exertion. His cough is nonproductive and is not associated with fever, chills, or sweats. He has no other symptoms. He is a retired carpenter. He has a 20-pack-year history of smoking but quit 15 years ago. He takes no medications.

On physical examination, respiration rate is 22/min; other vital signs are normal. Oxygen saturation is 95% breathing ambient air. BMI is 27. Pulmonary examination reveals inspiratory dry crackles at the bases bilaterally. Cardiac examination is normal. Mild clubbing is present. There is no lower extremity edema.

Pulmonary function tests reveal an FVC of 60% of predicted, an FEV1 of 63% of predicted, an FEV1/FVC ratio of 85%, and a DLCO of 50% of predicted. High-resolution CT shows bilateral peripheral- and basal-predominant septal line thickening with evidence of honeycomb change at the bases. No ground-glass opacities are noted, and there is no mediastinal or hilar lymphadenopathy.

Which of the following is the most likely diagnosis?