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Segment Information
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
 
    We operate our business using two reportable segments: Wood Products and BMD. Unallocated corporate costs are presented as reconciling items to arrive at operating income. There are no differences in our basis of measurement of segment profit or loss from those disclosed in Note 16, Segment Information, of the Notes to Consolidated Financial Statements in "Item 8. Financial Statements and Supplementary Data" in our 2021 Form 10-K.    

    Wood Products and BMD segment sales to external customers, including related parties, by product line are as follows:
Three Months Ended
September 30
Nine Months Ended
September 30
2022202120222021
(millions)
Wood Products (a)
LVL (b)$12.3 $(5.1)$4.5 $4.6 
I-joists (b)5.7 (9.3)(9.0)(1.4)
Other engineered wood products (b)10.3 9.6 35.2 32.8 
Plywood and veneer115.4 119.2 388.8 443.2 
Lumber21.7 21.3 60.2 65.9 
Byproducts23.9 17.7 62.3 54.3 
Other8.4 4.9 17.1 15.8 
197.8 158.3 559.2 615.3 
Building Materials Distribution  
Commodity775.0 770.9 2,833.1 2,985.3 
General line691.0 580.8 2,006.8 1,620.2 
Engineered wood products490.7 369.5 1,359.9 923.1 
1,956.8 1,721.1 6,199.8 5,528.6 
$2,154.6 $1,879.5 $6,759.0 $6,143.9 
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(a)    Amounts represent sales to external customers. Sales are calculated after intersegment sales eliminations to our BMD segment.

(b)    Sales of EWP to external customers are net of the cost of all EWP rebates and sales allowances provided at various stages of the supply chain (including distributors, dealers, and homebuilders). For both the nine months ended September 30, 2022 and 2021, approximately 78% of Wood Products' EWP sales volumes were to our BMD segment.
    An analysis of our operations by segment is as follows: 
 Three Months Ended
September 30
Nine Months Ended
September 30
 2022202120222021
 (thousands)
Net sales by segment
Wood Products$595,320 $497,316 $1,690,294 $1,524,220 
Building Materials Distribution1,956,802 1,721,244 6,199,835 5,528,765 
Intersegment eliminations (a)(397,475)(339,109)(1,131,128)(909,057)
Total net sales$2,154,647 $1,879,451 $6,759,001 $6,143,928 
Segment operating income
Wood Products $155,972 $122,056 $500,189 $432,869 
Building Materials Distribution154,436 16,565 534,636 343,122 
Total segment operating income310,408 138,621 1,034,825 775,991 
Unallocated corporate costs(11,038)(9,235)(32,752)(31,569)
Income from operations$299,370 $129,386 $1,002,073 $744,422 
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(a)    Primarily represents intersegment sales from our Wood Products segment to our BMD segment.