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v3.25.2

Selected Segment Data - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Dec. 31, 2024
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | $ 755 | $ 814 | $ 1,478 | $ 1,539 |
Cost of sales | (577) | (551) | (1,103) | (1,062) |
Selling, general, and administrative expenses | (79) | (71) | (154) | (140) |
Depreciation and amortization | 36 | 31 | 70 | 62 |
Other charges | 8 | 5 | 13 | 12 |
Adjusted EBITDA | 142 | 229 | 304 | 411 |
Allowance for doubtful accounts | (1) |  | (1) |  | $ (1)
Siding |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 460 | 415 | 862 | 776 |
OSB |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 250 | 351 | 517 | 664 |
LPSA |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 43 | 46 | 95 | 93 |
Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 753 | 812 | 1,474 | 1,533 |
Cost of sales | (573) | (548) | (1,097) | (1,056) |
Selling, general, and administrative expenses | (67) | (58) | (131) | (114) |
Depreciation and amortization | 36 | 31 | 70 | 62 |
Other charges | 4 | 2 | 7 | 4 |
Adjusted EBITDA | 153 | 240 | 324 | 429 |
Operating Segments | Siding |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 460 | 415 | 862 | 776 |
Cost of sales | (314) | (291) | (590) | (546) |
Selling, general, and administrative expenses | (44) | (39) | (85) | (75) |
Depreciation and amortization | 20 | 19 | 40 | 37 |
Other charges | 2 | 1 | 3 | 3 |
Adjusted EBITDA | 125 | 105 | 230 | 195 |
Operating Segments | OSB |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 250 | 351 | 517 | 664 |
Cost of sales | (229) | (222) | (440) | (441) |
Selling, general, and administrative expenses | (18) | (15) | (34) | (31) |
Depreciation and amortization | 13 | 11 | 26 | 22 |
Other charges | 2 | 1 | 3 | 1 |
Adjusted EBITDA | 19 | 125 | 73 | 215 |
Operating Segments | LPSA |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 43 | 46 | 95 | 93 |
Cost of sales | (31) | (34) | (68) | (69) |
Selling, general, and administrative expenses | (6) | (4) | (12) | (8) |
Depreciation and amortization | 2 | 2 | 4 | 3 |
Other charges | 1 | 0 | 1 | 0 |
Adjusted EBITDA | 9 | 10 | 21 | 20 |
Other |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Net sales | 2 | 2 | 4 | 5 |
Cost of sales | (3) | (3) | (6) | (6) |
Selling, general, and administrative expenses | (13) | (13) | (24) | (26) |
Depreciation and amortization | 0 | 0 | 0 | 0 |
Other charges | 4 | 3 | 6 | 8 |
Adjusted EBITDA | $ (10) | $ (11) | $ (20) | $ (19) |

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