XML 21 R38.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Contingency Reserves (Tables)
 6 Months Ended
Jun. 30, 2011
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Loss Contingencies by Contingency [Table Text Block]
LP maintains reserves for various contingent liabilities as follows:
 
Dollar amounts in millions
June 30, 2011
 
December 31, 2010
Environmental reserves
$
14.8


 
$
14.3


Hardboard siding reserves
17.2


 
17.8


Other reserves
0.1


 
0.8


Total contingency reserves
32.1


 
32.9


Current portion of contingency reserves
(7.0
)
 
(7.0
)
Long-term portion of contingency reserves
$
25.1


 
$
25.9
Settlement Agreement Reserve Rollforward [Table Text Block]
The activity in the portion of LP's loss contingency reserves relating to hardboard siding contingencies for the first six months of 2011 and 2010 are summarized in the following table.
 
Dollar amounts in millions
June 30, 2011
 
June 30, 2010
Beginning balance, December 31,
$
17.8


 
$
24.2


Payments made for claims
(0.4
)
 
(2.0
)
Payments made for administrative costs
(0.2
)
 
(0.8
)
Ending balance
$
17.2


 
$
21.4