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Asset Retirement Obligation (Tables)

12 Months Ended

Dec. 31, 2011

ASSET RETIREMENT OBLIGATIONS [Abstract]

Schedule of Change in Asset Retirement Obligation [Table Text Block]

The activity in LP’s asset retirement obligation liability for 2011 and 2010 is summarized in the following table. These are included in “Other long-term liabilities” in the Consolidated Balance Sheets.

Dollar amounts in millions	Year ended December 31,
	2011				2010
Beginning balance	$	7.0			$	6.7
Accretion expense	0.4				0.3
Accrued to expense during the year	0.4				0.2
Payments made	(0.4		)		(0.4		)
Translation	—				0.2
Ending balance	$	7.4			$	7.0

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- Definition

Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Topic 410

-SubTopic 30

-Publisher FASB

-Number

-Article

-Subparagraph

-Name Accounting Standards Codification

-Paragraph 5

-Section 50

-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13201-110859

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