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Discontinued Operations (Notes)
9 Months Ended
Sep. 30, 2014
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
DISCONTINUED OPERATIONS

Over the last several years, LP has adopted and implemented plans to sell selected businesses and assets in order to improve its operating results. For all periods presented, these operations include residual losses of mills divested in past years and associated warranty and other liabilities associated with these operations.

Sales and operating profit included in discontinued operations for the quarter and nine months ended September 30, 2014 and 2013 are as follows:
Dollars amounts in millions
 
Quarter Ended September 30,
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Sales
 
$

 
$
4.1

 
$

 
$
16.1

Operating profit
 
(3.2
)
 
1.0

 
(3.2
)
 
1.6



Included in the operating losses of discontinued operations for the quarter and nine months ended September 30, 2014 is an increase in warranty reserves associated with discontinued composite decking products of $3.0 million.

During the third quarter of 2013, LP sold its moulding operations. Sales and operating profit included in discontinued operations related to it moulding operations are included in the table above.

A gain of $1.7 million on the sale of the moulding operations was recognized in the third quarter of 2013, and is included in discontinued operations in the Consolidated Statements of Income.