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Segment Information (Tables)
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Information about LP’s product segments is as follows:
  
Year ended December 31,
Dollar amounts in millions
2014
 
2013
 
2012
SALES BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
855.2

 
$
1,068.1

 
$
814.1

Siding
617.3

 
573.8

 
500.9

Engineered Wood Products
281.0

 
250.4

 
198.4

South America
150.4

 
171.5

 
168.8

Other products
32.8

 
30.6

 
27.8

Intersegment Sales
(1.9
)
 
(9.2
)
 
(18.8
)
Total sales
$
1,934.8

 
$
2,085.2

 
$
1,691.2

PROFIT (LOSS) BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
(52.6
)
 
$
230.3

 
$
124.0

Siding
79.8

 
85.8

 
67.4

Engineered Wood Products
(14.0
)
 
(14.6
)
 
(13.8
)
South America
11.3

 
20.0

 
18.0

Other products
(3.5
)
 
(6.1
)
 
(9.0
)
Other operating credits and charges, net
(7.5
)
 
(3.8
)
 
2.9

Gain (loss) on sales of and impairments of long-lived assets
3.1

 
(0.2
)
 
(4.9
)
General corporate and other expense, net
(89.8
)
 
(96.7
)
 
(78.7
)
Investment income
5.5

 
10.3

 
14.8

Interest expense, net of capitalized interest
(29.8
)
 
(36.0
)
 
(49.3
)
Other non-operating income (expense)
(3.1
)
 
29.5

 
(34.9
)
Income (loss) from continuing operations before taxes
(100.6
)
 
218.5

 
36.5

Provision (benefit) for income taxes
(27.2
)
 
41.1

 
7.0

Income (loss) from continuing operations
$
(73.4
)
 
$
177.4

 
$
29.5

 
 
 
 
 
 
  
Year ended December 31,
 
2014
 
2013
 
2012
DEPRECIATION AND AMORTIZATION
 
 
 
 
 
OSB
$
56.1

 
$
49.9

 
$
33.1

Siding
17.4

 
16.4

 
15.5

Engineered Wood Products
13.7

 
11.4

 
9.8

South America
9.1

 
10.5

 
12.0

Other products
1.1

 
1.3

 
1.3

Non-segment related
3.3

 
1.8

 
1.7

Total depreciation and amortization
$
100.7

 
$
91.3

 
$
73.4

 
 
 
 
 
 
CAPITAL EXPENDITURES
 
 
 
 
 
OSB
$
26.3

 
$
36.5

 
$
10.1

Siding
33.0

 
22.8

 
8.7

Engineered Wood Products
5.3

 
2.2

 
2.5

South America
7.4

 
3.9

 
4.6

Other products

 

 
0.9

Non-segment related
8.1

 
10.2

 
4.4

Total capital expenditures
$
80.1

 
$
75.6

 
$
31.2


Information concerning identifiable assets by segment is as follows: 
Dollar amounts in millions
December 31,
2014
 
2013
IDENTIFIABLE ASSETS
 
 
 
OSB
$
675.8

 
$
668.9

Siding
205.5

 
189.4

Engineered Wood Products
130.5

 
129.3

South America
126.9

 
137.5

Other products
41.5

 
39.4

Non-segment related
1,173.3

 
1,328.8

Total assets
$
2,353.5

 
$
2,493.3


Schedule of Segment Reporting Information, by Geographical Areas [Table Text Block]
Information concerning LP’s geographic segments is as follows:
 
  
Year ended December 31,
Dollar amounts in millions
2014
 
2013
 
2012
GEOGRAPHIC SEGMENTS
 
 
 
 
 
Total Sales—Point of origin
 
 
 
 
 
U.S.
$
1,465

 
$
1,611

 
$
1,317

Canada
322

 
303

 
331

South America
150

 
172

 
164

Intersegment sales
(2
)
 
(1
)
 
(121
)
Total Sales
$
1,935

 
$
2,085

 
$
1,691

Operating profit (loss)
 
 
 
 
 
U.S.
$
27

 
$
247

 
$
166

Canada
(17
)
 
48

 
3

South America
11

 
20

 
18

Other operating credits and charges, net and gain (loss) on sales of and impairments of long-lived assets
(4
)
 
(4
)
 
(2
)
General corporate expense, other-than-temporary investment impairment, loss on early debt extinguishment, realized gain on long term investments, translation gains (losses) and interest, net
(118
)
 
(93
)
 
(148
)
 
(101
)
 
219

 
37

Provision (benefit) for income taxes
(27
)
 
41

 
7

Income (loss) from continuing operations
$
(73
)
 
$
177

 
$
30

 
 
 
 
 
 
IDENTIFIABLE TANGIBLE LONG LIVED ASSETS
 
 
 
 
 
U.S.
$
523

 
$
544

 
$
540

Canada
329

 
313

 
144

South America
66

 
83

 
100

Total assets
$
918

 
$
940

 
$
784