Selected Segment Data (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information about our business segments is as follows (dollar amounts in millions):

	Three Months Ended March 31, 2025
	Siding		OSB		LPSA		Segment Total		Other		Consolidated
Net sales	$	402	$	267	$	52	$	722	$	2	$	724
Cost of sales	(276)		(211)		(37)		(524)		(3)		(526)
Selling, general, and administrative expenses	(42)		(16)		(6)		(64)		(11)		(75)
Adjustments to Adjusted EBITDA:
Depreciation and Amortization	20		13		2		35		—		35
Other charges1	1		1		1		3		2		5
Adjusted EBITDA	$	106	$	54	$	12	$	172	$	(10)	$	162
	Three Months Ended March 31, 2024
	Siding		OSB		LPSA		Segment Total		Other		Consolidated
Net sales	$	361	$	313	$	47	$	721	$	3	$	724
Cost of sales	(254)		(219)		(35)		(508)		(3)		(511)
Selling, general, and administrative expenses	(36)		(16)		(5)		(56)		(13)		(69)
Adjustments to Adjusted EBITDA:
Depreciation and Amortization	18		11		2		31		—		31
Other charges1	2		1		—		2		5		7
Adjusted EBITDA	$	90	$	90	$	10	$	190	$	(8)	$	182

1 Other charges includes stock compensation and income from equity in unconsolidated affiliates.

	Three Months Ended March 31,
	2025		2024
NET INCOME TO ADJUSTED EBITDA RECONCILIATION
Net income	$	91	$	108
Add (deduct):
Provision for income taxes	26		41
Depreciation and amortization	35		31
Stock-based compensation expense	5		6
Other operating credits and charges, net	2		—
Business exit credits	—		(1)
Interest expense	3		4
Investment income	(4)		(6)
Other non-operating items	5		(1)
Adjusted EBITDA	$	162	$	182

Information concerning identifiable assets by segment is as follows (dollar amounts in millions):

	March 31, 2025		December 31, 2024
Identifiable Assets
Siding	$	1,352	$	1,319
OSB	567		554
LPSA	151		145
Other	500		551
Total assets	$	2,570	$	2,569