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Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [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 (dollar and share amounts in millions, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Income (loss) from continuing operations$(21)$348 $1 $769 
Net loss attributed to non-controlling interest1 — — 1 
Income (loss) attributed to LP from continuing operations(20)348 1 770 
Income from discontinued operations, net of income taxes— 37 — 99
Net income (loss) attributed to LP$(20)$384 $1 $868 
Weighted average common shares outstanding - basic72 81 72 83 
Dilutive effect of employee stock plans— — — 1 
Shares used for diluted earnings per share72 81 72 84 
Net income (loss) attributed to LP per share - basic:
Continuing operations$(0.28)$4.30 $0.02 $9.25 
Discontinued operations— 0.46 — 1.18 
Net income (loss) attributed to LP per share - basic$(0.28)$4.76 $0.02 $10.43 
Net income (loss) attributed to LP per share - diluted:
Continuing operations$(0.28)$4.28 $0.02 $9.19 
Discontinued operations— 0.45 — 1.18 
Net income (loss) attributed to LP per share - diluted$(0.28)$4.73 $0.02 $10.36