XML 48 R39.htm IDEA: XBRL DOCUMENT v3.22.2

Selected Segment Data (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

			Three Months Ended June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
Net sales
Siding			$	358					$	291					$	689					$	576
OSB			673						778						1,417						1,317
South America			70						74						137						126
Other			30						26						55						43
Intersegment sales			(1)						—						(2)						(1)
Total sales			$	1,130					$	1,168					$	2,297					2,062
PROFIT BY SEGMENT
Net income			$	385					$	497					$	868					$	817
Add (deduct):
Net loss attributed to noncontrolling interest			—						—						1						1
Income from discontinued operations, net of income taxes			(37)						(11)						(99)						(14)
Income attributed to LP from continuing operations			348						486						770						803
Provision for income taxes			116						144						240						239
Depreciation and amortization			32						29						64						57
Stock-based compensation expense			6						3						13						5
Other operating credits and charges, net			(11)						(3)						(10)						(3)
Loss on early debt extinguishment			—						—						—						11
Interest expense			3						4						6						9
Investment income			(2)						—						(3)						(1)
Other non-operating items			(2)						3						8						—
Adjusted EBITDA			$	491					$	665					$	1,089					$	1,119
Siding			$	78					$	77					$	160					$	168
OSB			403						565						908						919
South America			26						34						51						54
Other			(7)						(4)						(13)						(8)
Corporate			(9)						(7)						(17)						(14)
Adjusted EBITDA			$	491					$	665					$	1,089					$	1,119

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration