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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net sales $ 1,356.9 $ 1,383.6 $ 1,061.0
Operating costs and expenses:      
Cost of sales 1,244.2 1,187.9 999.3
Depreciation and amortization 78.9 82.0 80.0
Selling and administrative 111.2 118.8 115.9
Cash Effect Of Gain Loss On Sale Or Impairment Of Long Lived Assets, Net (73.9) 1.2 2.5
(Gain) loss on sale or impairment of long-lived assets 73.9 2.4 (2.5)
Other operating credits and charges, net (11.2) 0.1 1.6
Total operating costs and expenses 1,497.0 1,391.2 1,194.3
Loss from operations (140.1) (7.6) (133.3)
Non-operating income (expense):      
Interest expense, net of capitalized interest (56.9) (63.9) (74.6)
Investment income 28.7 38.4 47.7
Other-than-temporary investment impairment (14.8) (17.0) (2.0)
Other Non-operating income (expense) (1.0) 2.2 (7.3)
Total non-operating income (expense) (44.0) (40.3) (36.2)
Loss before income taxes and equity in losses of unconsolidated affiliates (184.1) (47.9) (169.5)
Provision (benefit) for income taxes (39.1) (22.1) (63.4)
Equity in loss of unconsolidated affiliates 26.9 6.4 10.4
Loss from continuing operations (171.9) (32.2) (116.5)
Loss from discontinued operations before taxes (14.2) (10.4) (8.6)
Benefit for income taxes (5.0) (4.0) (3.3)
Loss from discontinued operations (9.2) (6.4) (5.3)
Net loss (181.1) (38.6) (121.8)
Less: Net income (loss) attributed to non-controlling interest 0.2 0.4 (0.9)
Net loss attributed to Louisiana-Pacific Corporation (181.3) (39.0) (120.9)
Amounts attributed to LP Corporation common shareholders      
Loss from continuing operations, net of tax (172.1) (32.6) (115.6)
Loss from discontinued operations, net of tax (9.2) (6.4) (5.3)
Net loss attributed to Louisiana-Pacific Corporation $ (181.3) $ (39.0) $ (120.9)
Net income (loss) per share of common stock (basic):      
Loss per share from continuing operations $ (1.29) $ (0.25) $ (1.06)
Loss per share from discontinued operations $ (0.07) $ (0.05) $ (0.05)
Net loss per share $ (1.36) $ (0.30) $ (1.11)
Net income (loss) per share of common stock (diluted):      
Loss per share from continuing operations $ (1.29) $ (0.25) $ (1.06)
Loss per share from discontinued operations $ (0.07) $ (0.05) $ (0.05)
Net income (loss) per share diluted $ (1.36) $ (0.30) $ (1.11)
Average shares of stock outstanding - basic 133.2 129.1 108.5
Average shares of stock outstanding - diluted 133.2 129.1 108.5