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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
 
Year ended December 31,
Dollar and share amounts in millions, except per share amounts
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Income (loss) attributed to LP common shares:
 
 
 
 
 
Income (loss) from continuing operations
$
(73.4
)
 
$
177.4

 
$
29.5

Loss from discontinued operations
(2.0
)
 
(0.3
)
 
(0.7
)
Net income (loss)
$
(75.4
)
 
$
177.1

 
$
28.8

Denominator:
 
 
 
 
 
Basic—weighted average common shares outstanding
141.1

 
139.6

 
137.1

Dilutive effect of employee stock plans
—

 
2.5

 
2.3

Dilutive effect of stock warrants
—

 
2.2

 
3.2

Diluted shares outstanding
141.1

 
144.3

 
142.6

Basic earnings per share:
 
 
 
 
 
Income (loss) from continuing operations
$
(0.52
)
 
$
1.27

 
$
0.22

Loss from discontinued operations
(0.01
)
 
—

 
(0.01
)
Net income (loss) per share
$
(0.53
)
 
$
1.27

 
$
0.21

Diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations
$
(0.52
)
 
$
1.23

 
$
0.20

Loss from discontinued operations
(0.01
)
 
—

 
—

Net income (loss) per share
$
(0.53
)
 
$
1.23

 
$
0.20
Disclosure of Long Lived Assets Held-for-sale [Table Text Block]
The current book values of assets held for sale by category is as follows: 
Dollar amounts in millions
December 31,
2014
 
2013
Property, plant and equipment, at cost:
 
 
 
Land, land improvements and logging roads, net of road amortization
$
4.5

 
$
6.9

Buildings
2.9

 
6.2

Machinery and equipment
52.0

 
99.1

 
59.4

 
112.2

Accumulated depreciation
(50.1
)
 
(95.9
)
Net property, plant and equipment
$
9.3

 
$
16.3