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Non-operating Income (Expense) (Notes)
 12 Months Ended
Dec. 31, 2014
Nonoperating Income (Expense) [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
NON-OPERATING INCOME (EXPENSE)
Included in LP’s Consolidated Statements of Income is non-operating expense of $27.4 million, $3.8 million and $69.4 million for the years ended December 31, 2014, 2013 and 2012. This income (expense) is comprised of the following components:
 
 
Year ended December 31,
Dollar amounts in millions
2014
 
2013
 
2012
Interest expense
$
(29.9
)
 
$
(36.2
)
 
$
(48.0
)
Amortization of debt charges
(1.2
)
 
(1.4
)
 
(1.5
)
Capitalized interest
1.3

 
1.6

 
0.2

Interest expense, net of capitalized interest
(29.8
)
 
(36.0
)
 
(49.3
)
Investment income
5.5

 
9.4

 
13.0

SERP market adjustments
—

 
0.9

 
1.8

Investment income
5.5

 
10.3

 
14.8

Foreign currency losses
(3.1
)
 
(5.3
)
 
(2.7
)
Gain on settlement of litigation related to ARS
—

 
—

 
20.0

Gain on acquisition
—

 
35.9

 
—

Gain on the sale of joint venture
—

 
1.2

 
—

Early debt extinguishment
—

 
(2.3
)
 
(52.2
)
Other non-operating income (expense)
(3.1
)
 
29.5

 
(34.9
)
Total non-operating income (expense)
$
(27.4
)
 
$
3.8

 
$
(69.4
)


For the year ended December 31, 2013, LP recognized a gain of $35.9 million from the acquisition of the remaining 50% ownership of the Peace Valley OSB joint venture and a gain of $1.2 million from the sale of the U.S. GreenFiber joint venture.
For the year ended December 31, 2012 , LP recognized a gain of $20.0 million from the settlement of its ARS litigation with Deutsche Bank Securities, Inc.