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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2024
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 (dollars and shares in millions):
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Income from continuing operations | $ | 420 |  |  | $ | 178 |  |  | $ | 885 |
Net loss attributed to non-controlling interest | — |  |  | — |  |  | 3 |
Income attributed to LP from continuing operations | 420 |  |  | 178 |  |  | 888 |
Income from discontinued operations, net of income taxes | — |  |  | — |  |  | 198 |
Net income attributed to LP | $ | 420 |  |  | $ | 178 |  |  | $ | 1,086 |
Weighted average common shares outstanding - basic | 71 |  |  | 72 |  |  | 78 |
Dilutive effect of employee stock plans | — |  |  | — |  |  | — |
Shares used for diluted earnings per share | 71 |  |  | 72 |  | 78
Net income attributed to LP per share - basic: |  |  |  |  |
Continuing operations | $ | 5.91 |  |  | $ | 2.47 |  |  | $ | 11.40 |
Discontinued operations | — |  |  | — |  |  | 2.54 |
Net income attributed to LP per share - basic | $ | 5.91 |  |  | $ | 2.47 |  |  | $ | 13.94 |
Net income attributed to LP per share – diluted: |  |  |  |  |
Continuing operations | $ | 5.89 |  |  | $ | 2.46 |  |  | $ | 11.34 |
Discontinued operations | — |  |  | — |  |  | 2.52 |
Net income attributed to LP per share - diluted | $ | 5.89 |  |  | $ | 2.46 |  |  | $ | 13.87 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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