Earnings Per Share (Tables)

12 Months Ended

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