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Non-operating Income (Expense) (Notes)
 12 Months Ended
Dec. 31, 2015
Nonoperating Income (Expense) [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
NON-OPERATING INCOME (EXPENSE)
Included in LP’s Consolidated Statements of Income is non-operating expense of $32.1 million, $27.4 million and income of $3.8 million for the years ended December 31, 2015, 2014 and 2013. This income (expense) is comprised of the following components:
 
 
Year ended December 31,
Dollar amounts in millions
2015
 
2014
 
2013
Interest expense
$
(32.0
)
 
$
(29.9
)
 
$
(36.2
)
Amortization of debt charges
(1.1
)
 
(1.2
)
 
(1.4
)
Capitalized interest
1.9

 
1.3

 
1.6

Interest expense, net of capitalized interest
(31.2
)
 
(29.8
)
 
(36.0
)
Investment income
4.9

 
5.5

 
9.4

SERP market adjustments
(0.5
)
 
—

 
0.9

Investment income
4.4

 
5.5

 
10.3

Foreign currency losses
(5.3
)
 
(3.1
)
 
(5.3
)
Gain on acquisition
—

 
—

 
35.9

Gain on the sale of joint venture
—

 
—

 
1.2

Early debt extinguishment
—

 
—

 
(2.3
)
Other non-operating income (expense)
(5.3
)
 
(3.1
)
 
29.5

Total non-operating income (expense)
$
(32.1
)
 
$
(27.4
)
 
$
3.8



For the year ended December 31, 2013, LP recognized a gain of $35.9 million from the acquisition of the remaining 50% ownership of the Peace Valley OSB joint venture and a gain of $1.2 million from the sale of the U.S. GreenFiber joint venture.