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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
 
Year ended December 31,
Dollar and share amounts in millions, except per share amounts
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
Income (loss) attributed to LP common shares:
 
 
 
 
 
Income (loss) from continuing operations
$
177.4

 
$
29.5

 
$
(175.7
)
Loss from discontinued operations
(0.3
)
 
(0.7
)
 
(5.6
)
Net income (loss)
$
177.1

 
$
28.8

 
$
(181.3
)
Denominator:
 
 
 
 
 
Basic—weighted average common shares outstanding
139.6

 
137.1

 
133.2

Dilutive effect of employee stock plans
2.5

 
2.3

 

Dilutive effect of stock warrants
2.2

 
3.2

 

Diluted shares outstanding
144.3

 
142.6

 
133.2

Basic earnings per share:
 
 
 
 
 
Income (loss) from continuing operations
$
1.27

 
$
0.22

 
$
(1.32
)
Loss from discontinued operations

 
(0.01
)
 
(0.04
)
Net income (loss) per share
$
1.27

 
$
0.21

 
$
(1.36
)
Diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations
$
1.23

 
$
0.20

 
$
(1.32
)
Loss from discontinued operations

 

 
(0.04
)
Net income (loss) per share
$
1.23

 
$
0.20

 
$
(1.36
)
Disclosure of Long Lived Assets Held-for-sale [Table Text Block]
The current book values of assets held for sale by category is as follows: 
Dollar amounts in millions
December 31,
2013
 
2012
Property, plant and equipment, at cost:
 
 
 
Land, land improvements and logging roads, net of road amortization
$
6.9

 
$
7.1

Buildings
6.2

 
7.8

Machinery and equipment
99.1

 
99.7

 
112.2

 
114.6

Accumulated depreciation
(95.9
)
 
(97.0
)
Net property, plant and equipment
$
16.3

 
$
17.6