CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue		$ 2,902	$ 2,512	$ 2,153
Operating expenses:
Selling, general and administrative		808	717	679
Research and development		228	218	190
Depreciation, amortization and impairments		384	420	398
Restructuring and other		92	146	167
Operating income		518	273	110
Other (expense) income:
Interest expense		(309)	(327)	(478)
Loss on debt financing transactions		(15)	(147)	0
Gain on remeasurement of debt and other		0	27	41
Other income, net		11	11	33
Total other expense, net		(313)	(436)	(404)
Net income from continuing operations before income taxes		205	(163)	(294)
Income tax (expense) benefit		(25)	(13)	318
Net income (loss) from continuing operations		180	(176)	24
Net income from discontinued operations, net of tax	[1]	0	3,873	366
Net income		180	3,697	390
Less: Net income attributable to noncontrolling interest		17	22	19
Net income attributable to L&W		$ 163	$ 3,675	$ 371
Per Share - Basic:
Net income (loss) from continuing operations, basic (in usd per share)		$ 1.79	$ (2.09)	$ 0.06
Net income from discontinued operations, basic (in usd per share)		0	40.87	3.80
Net income attributable to L&W, basic (in usd per share)		1.79	38.78	3.86
Per Share - Diluted:
Net income (loss) from continuing operations, diluted (in shares)		1.75	(2.09)	0.05
Net income from discontinued operations, diluted (in shares)		0	40.87	3.72
Net income attributable to L&W, diluted (in shares)		$ 1.75	$ 38.78	$ 3.77
Weighted average number of shares used in per share calculations:
Basic shares (in shares)		91	95	96
Diluted shares (in shares)		93	95	98
Retained Earnings (Accumulated Loss)
Other (expense) income:
Net income		$ 163	$ 3,675	$ 371
Services
Revenue:
Total revenue		1,991	1,795	1,642
Operating expenses:
Cost of revenues	[2]	445	390	365
Products
Revenue:
Total revenue		911	717	511
Operating expenses:
Cost of revenues	[2]	$ 427	$ 348	$ 244

[1] (2) The year ended December 31, 2022 includes a pre-tax gain of $4,927 million on the sale of discontinued operations (see Note 2).

[2] (1) Excludes D&A.