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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [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:
 
 
Year ended December 31,
Dollar and share amounts in millions, except per share amounts
2012
 
2011
 
2010
Numerator:
 
 
 
 
 
Income (loss) attributed to LP common shares:
 
 
 
 
 
Income (loss) from continuing operations
$
32.1

 
$
(172.1
)
 
$
(32.6
)
Loss from discontinued operations
(3.3
)
 
(9.2
)
 
(6.4
)
Net income (loss)
$
28.8

 
$
(181.3
)
 
$
(39.0
)
Denominator:
 
 
 
 
 
Basic—weighted average common shares outstanding
137.1

 
133.2

 
129.1

Dilutive effect of employee stock plans
2.3

 
—

 
—

Dilutive effect of stock warrants
3.2

 
—

 
—

Diluted shares outstanding
142.6

 
133.2

 
129.1

Basic earnings per share:
 
 
 
 
 
Income (loss) from continuing operations
$
0.23

 
$
(1.29
)
 
$
(0.25
)
Loss from discontinued operations
(0.02
)
 
(0.07
)
 
(0.05
)
Net income (loss) per share
$
0.21

 
$
(1.36
)
 
$
(0.30
)
Diluted earnings per share:
 
 
 
 
 
Income (loss) from continuing operations
$
0.22

 
$
(1.29
)
 
$
(0.25
)
Loss from discontinued operations
(0.02
)
 
(0.07
)
 
(0.05
)
Net income (loss) per share
$
0.20

 
$
(1.36
)
 
$
(0.30
)
Disclosure of Long Lived Assets Held-for-sale [Table Text Block]
he current book values of assets held for sale by category is as follows: 
Dollar amounts in millions
December 31,
2012
 
2011
Property, plant and equipment, at cost:
 
 
 
Land, land improvements and logging roads, net of road amortization
$
10.0

 
$
13.1

Buildings
17.1

 
22.9

Machinery and equipment
140.8

 
178.3

 
167.9

 
214.3

Accumulated depreciation
(135.4
)
 
(162.4
)
Net property, plant and equipment
$
32.5

 
$
51.9