Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information about LP’s product segments is as follows:

	Year ended December 31,
Dollar amounts in millions	2013			2012			2011
SALES BY BUSINESS SEGMENT
OSB	$	1,068.1		$	814.1		$	542.0
Siding	573.8			500.9			429.8
Engineered Wood Products	267.6			213.4			203.3
South America	171.5			168.8			144.9
Other products	13.4			12.8			11.2
Intersegment Sales	(9.2		)	(18.8		)	(2.5		)
Total sales	$	2,085.2		$	1,691.2		$	1,328.7
PROFIT (LOSS) BY BUSINESS SEGMENT
OSB	$	230.3		$	124.0		$	(63.5	)
Siding	85.8			67.4			42.0
Engineered Wood Products	(14.3		)	(13.9		)	(15.5		)
South America	20.0			18.0			11.6
Other products	(6.4		)	(8.9		)	(18.1		)
Other operating credits and charges, net	(3.8		)	2.9			11.2
Gain (loss) on sales of and impairments of long-lived assets	(0.2		)	(4.9		)	(73.9		)
General corporate and other expense, net	(96.7		)	(78.7		)	(66.4		)
Investment income	10.3			14.8			28.7
Interest expense, net of capitalized interest	(36.0		)	(49.3		)	(56.9		)
Other-than-temporary investment impairment	—			—			(14.8		)
Other non-operating income (expense)	29.5			(34.9		)	(1.0		)
Income (loss) from continuing operations before taxes	218.5			36.5			(216.6		)
Provision (benefit) for income taxes	41.1			7.0			(41.1		)
Income (loss) from continuing operations	$	177.4		$	29.5		$	(175.5	)

	Year ended December 31,
	2013		2012		2011
DEPRECIATION AND AMORTIZATION
OSB	$	49.9	$	33.1	$	36.3
Siding	16.4		15.5		15.5
Engineered Wood Products	12.6		11.0		12.6
South America	10.5		12.0		11.6
Other products	0.1		0.1		0.2
Non-segment related	1.8		1.7		2.1
Total depreciation and amortization	$	91.3	$	73.4	$	78.3
CAPITAL EXPENDITURES
OSB	$	36.5	$	10.1	$	8.9
Siding	22.8		8.7		5.9
Engineered Wood Products	2.2		2.5		2.0
South America	3.9		4.6		2.7
Other products	—		0.9		0.2
Non-segment related	10.2		4.4		1.7
Total capital expenditures	$	75.6	$	31.2	$	21.4

Information concerning identifiable assets by segment is as follows:

Dollar amounts in millions	December 31,
	2013		2012
IDENTIFIABLE ASSETS
OSB	$	668.9	$	532.0
Siding	189.4		178.1
Engineered Wood Products	135.1		136.5
South America	137.5		168.1
Other products	33.6		25.2
Non-segment related	1,328.8		1,291.1
Total assets	$	2,493.3	$	2,331.0

Schedule of Segment Reporting Information, by Geographical Areas [Table Text Block]

Information concerning LP’s geographic segments is as follows:

	Year ended December 31,
Dollar amounts in millions	2013			2012			2011
GEOGRAPHIC SEGMENTS
Total Sales—Point of origin
U.S.	$	1,611		$	1,317		$	963
Canada	303			331			280
South America	172			164			145
Intersegment sales	(1		)	(121		)	(59		)
Total Sales	$	2,085		$	1,691		$	1,329
Operating profit (loss)
U.S.	$	247		$	166		$	8
Canada	48			3			(64		)
South America	20			18			12
Other operating credits and charges, net and gain (loss) on sales of and impairments of long-lived assets	(4		)	(2		)	(63		)
General corporate expense, other-than-temporary investment impairment, loss on early debt extinguishment, realized gain on long term investments, translation gains (losses) and interest, net	(93		)	(148		)	(110		)
	219			37			(217		)
Provision (benefit) for income taxes	41			7			(41		)
Income (loss) from continuing operations	$	177		$	30		$	(176	)
IDENTIFIABLE TANGIBLE LONG LIVED ASSETS
U.S.	$	544		$	540		$	576
Canada	313			144			158
South America	83			100			107
Total assets	$	940		$	784		$	841