Selected Segment Data (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net sales
Siding	$	345	$	394	$	996	$	1,083
OSB	335		388		754		1,805
South America	45		53		153		190
Other	4		17		21		72
Intersegment sales	—		(1)		—		(2)
Total sales	$	728	$	852	$	1,923	3,149
NET INCOME TO ADJUSTED EBITDA
Net income	$	118	$	226	$	119	$	1,093
Add (deduct):
Net loss attributed to non-controlling interest	—		—		—		1
Income from discontinued operations, net of income taxes	—		(97)		—		(196)
Income attributed to LP from continuing operations	118		129		119		898
Provision for income taxes	44		44		66		284
Depreciation and amortization	30		32		87		96
Stock-based compensation expense	2		2		9		15
Loss on impairment attributed to LP	1		—		1		—
Other operating credits and charges, net	(7)		(7)		16		(17)
Business exit charges	1		—		35		—
Interest expense	4		3		9		9
Investment income	(4)		(5)		(10)		(8)
Other non-operating items	—		(1)		11		7
Pension settlement charges	—		4		6		4
Adjusted EBITDA	$	190	$	200	$	349	$	1,289
SEGMENT ADJUSTED EBITDA
Siding	$	71	$	90	$	198	$	251
OSB	120		113		161		1,021
South America	6		14		31		65
Other	—		(7)		(15)		(19)
Corporate	(7)		(11)		(26)		(29)
Total Adjusted EBITDA	$	190	$	200	$	349	$	1,289