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Segment Information (Tables)
12 Months Ended
Dec. 31, 2016
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
2016
 
2015
 
2014
SALES BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
1,027.7

 
$
807.5

 
$
855.2

Siding
752.3

 
636.4

 
617.3

Engineered Wood Products
296.9

 
286.1

 
281.0

South America
136.9

 
134.9

 
150.4

Other products
26.9

 
29.0

 
32.8

Intersegment Sales
(7.3
)
 
(1.4
)
 
(1.9
)
Total sales
$
2,233.4

 
$
1,892.5

 
$
1,934.8

PROFIT (LOSS) BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
186.2

 
$
(46.3
)
 
$
(52.6
)
Siding
126.1

 
93.2

 
79.8

Engineered Wood Products
(5.8
)
 
(7.3
)
 
(14.0
)
South America
17.0

 
9.8

 
11.3

Other products
(1.6
)
 
(2.8
)
 
(3.5
)
Other operating credits and charges, net
(17.4
)
 
(16.3
)
 
(7.5
)
Gain (loss) on sales of and impairments of long-lived assets
8.4

 
(2.1
)
 
3.1

General corporate and other expense, net
(103.7
)
 
(84.8
)
 
(89.8
)
Interest expense, net of capitalized interest
(32.1
)
 
(31.2
)
 
(29.8
)
Investment income
8.2

 
4.4

 
5.5

Other non-operating income (expense)
(15.2
)
 
(5.3
)
 
(3.1
)
Income (loss) from continuing operations before taxes
170.1

 
(88.7
)
 
(100.6
)
Provision (benefit) for income taxes
19.8

 
(2.7
)
 
(27.2
)
Income (loss) from continuing operations
$
150.3

 
$
(86.0
)
 
$
(73.4
)
 
 
 
 
 
 
  
Year ended December 31,
 
2016
 
2015
 
2014
DEPRECIATION AND AMORTIZATION
 
 
 
 
 
OSB
$
58.6

 
$
57.0

 
$
56.1

Siding
27.4

 
19.7

 
17.4

Engineered Wood Products
12.7

 
12.6

 
13.7

South America
8.6

 
7.9

 
9.1

Other products
2.3

 
1.8

 
1.1

Non-segment related
3.2

 
2.9

 
3.3

Total depreciation and amortization
$
112.8

 
$
101.9

 
$
100.7

 
 
 
 
 
 
CAPITAL EXPENDITURES
 
 
 
 
 
OSB
$
49.3

 
$
26.5

 
$
26.3

Siding
49.9

 
75.7

 
33.0

Engineered Wood Products
5.3

 
4.1

 
5.3

South America
8.7

 
6.0

 
7.4

Other products
8.1

 
1.1

 

Non-segment related
3.5

 
0.4

 
8.1

Total capital expenditures
$
124.8

 
$
113.8

 
$
80.1


Information concerning identifiable assets by segment is as follows: 
Dollar amounts in millions
December 31,
2016
 
2015
IDENTIFIABLE ASSETS
 
 
 
OSB
$
555.0

 
$
596.9

Siding
344.1

 
316.3

Engineered Wood Products
115.6

 
119.6

South America
85.5

 
92.7

Other products
75.9

 
40.4

Non-segment related
855.1

 
1,010.4

Total assets
$
2,031.2

 
$
2,176.3

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
2016
 
2015
 
2014
GEOGRAPHIC LOCATIONS
 
 
 
 
 
Total Sales—Point of origin
 
 
 
 
 
U.S.
$
1,882

 
$
1,551

 
$
1,514

Canada
682

 
491

 
580

South America
137

 
135

 
150

Intersegment sales
(468
)
 
(285
)
 
(309
)
Total Sales
$
2,233

 
$
1,892

 
$
1,935

Operating profit (loss)
 
 
 
 
 
U.S.
$
235

 
$
84

 
$
27

Canada
70

 
(47
)
 
(17
)
South America
17

 
10

 
11

Other operating credits and charges, net and gain (loss) on sales of and impairments of long-lived assets
(9
)
 
(18
)
 
(4
)
General corporate expense, loss on early debt extinguishment, other income(expense) and interest, net
(143
)
 
(118
)
 
(118
)
 
170

 
(89
)
 
(101
)
Provision (benefit) for income taxes
20

 
(3
)
 
(27
)
Income (loss) from continuing operations
$
150

 
$
(86
)
 
$
(73
)
 
 
 
 
 
 
IDENTIFIABLE TANGIBLE LONG LIVED ASSETS
 
 
 
 
 
U.S.
$
516

 
$
506

 
$
523

Canada
365

 
360

 
329

South America
57

 
50

 
66

Total assets
$
938

 
$
916

 
$
918