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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Net sales $ 1,934.8us-gaap_SalesRevenueNet $ 2,085.2us-gaap_SalesRevenueNet $ 1,691.2us-gaap_SalesRevenueNet
Operating costs and expenses:      
Cost of sales 1,757.8us-gaap_CostOfGoodsAndServicesSold 1,636.9us-gaap_CostOfGoodsAndServicesSold 1,383.2us-gaap_CostOfGoodsAndServicesSold
Depreciation and amortization 100.7us-gaap_OtherDepreciationAndAmortization 91.3us-gaap_OtherDepreciationAndAmortization 73.4us-gaap_OtherDepreciationAndAmortization
Selling and administrative 149.5us-gaap_SellingGeneralAndAdministrativeExpense 150.2us-gaap_SellingGeneralAndAdministrativeExpense 128.4us-gaap_SellingGeneralAndAdministrativeExpense
Loss on sale or impairment of long lived assets (3.1)lpx_GainLossOnSaleOrImpairmentOfLongLivedAssetsNet 0.2lpx_GainLossOnSaleOrImpairmentOfLongLivedAssetsNet 4.9lpx_GainLossOnSaleOrImpairmentOfLongLivedAssetsNet
Other operating credits and charges, net 7.5us-gaap_OtherOperatingIncomeExpenseNet 3.8us-gaap_OtherOperatingIncomeExpenseNet (2.9)us-gaap_OtherOperatingIncomeExpenseNet
Total operating costs and expenses 2,012.4us-gaap_CostsAndExpenses 1,882.4us-gaap_CostsAndExpenses 1,587.0us-gaap_CostsAndExpenses
Income (loss) from operations (77.6)us-gaap_OperatingIncomeLoss 202.8us-gaap_OperatingIncomeLoss 104.2us-gaap_OperatingIncomeLoss
Non-operating income (expense):      
Interest expense, net of capitalized interest (29.8)us-gaap_InterestExpense (36.0)us-gaap_InterestExpense (49.3)us-gaap_InterestExpense
Investment income 5.5us-gaap_InvestmentIncomeNet 10.3us-gaap_InvestmentIncomeNet 14.8us-gaap_InvestmentIncomeNet
Other non-operating income (expense) (3.1)us-gaap_OtherNonoperatingExpense 29.5us-gaap_OtherNonoperatingExpense (34.9)us-gaap_OtherNonoperatingExpense
Total non-operating income (expense) (27.4)us-gaap_NonoperatingIncomeExpense 3.8us-gaap_NonoperatingIncomeExpense (69.4)us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes and equity in (income) loss of unconsolidated affiliates (105.0)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 206.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 34.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision (benefit) for income taxes (27.2)us-gaap_IncomeTaxExpenseBenefit 41.1us-gaap_IncomeTaxExpenseBenefit 7.0us-gaap_IncomeTaxExpenseBenefit
Equity in (income) loss of unconsolidated affiliates (4.4)us-gaap_IncomeLossFromEquityMethodInvestments (11.9)us-gaap_IncomeLossFromEquityMethodInvestments (1.7)us-gaap_IncomeLossFromEquityMethodInvestments
Income (loss) from continuing operations (73.4)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 177.4us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 29.5us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Loss from discontinued operations before taxes (3.0)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax (0.4)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax (1.1)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
Benefit for income taxes (1.0)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation (0.1)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation (0.4)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation
Loss from discontinued operations (2.0)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (0.3)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (0.7)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income (loss) $ (75.4)us-gaap_ProfitLoss $ 177.1us-gaap_ProfitLoss $ 28.8us-gaap_ProfitLoss
Basic net income (loss) per share:      
Income (loss) per share from continuing operations $ (0.52)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.27us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.22us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Loss per share from discontinued operations $ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income (loss) per share $ (0.53)us-gaap_EarningsPerShareBasic $ 1.27us-gaap_EarningsPerShareBasic $ 0.21us-gaap_EarningsPerShareBasic
Diluted net earnings (loss) per share:      
Income (loss) per share from continuing operations $ (0.52)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.23us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.20us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Loss per share from discontinued operations $ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income (loss) per share $ (0.53)us-gaap_EarningsPerShareDiluted $ 1.23us-gaap_EarningsPerShareDiluted $ 0.20us-gaap_EarningsPerShareDiluted
Average shares of stock outstanding - basic 141.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 139.6us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 137.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Average shares of stock outstanding - diluted 141.1us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 144.3us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 142.6us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding