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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 1,715.8 $ 1,356.9 $ 1,383.6
Operating costs and expenses:      
Cost of sales 1,403.1 1,244.2 1,187.9
Depreciation and amortization 73.9 78.9 82.0
Selling and administrative 129.4 111.2 118.8
Loss on sale or impairment of long lived assets 4.9 73.9 2.4
Other operating credits and charges, net (2.9) (11.2) 0.1
Total operating costs and expenses 1,608.4 1,497.0 1,391.2
Income (loss) from operations 107.4 (140.1) (7.6)
Non-operating income (expense):      
Interest expense, net of capitalized interest (49.3) (56.9) (63.9)
Investment income 14.8 28.7 38.4
Other-than-temporary investment impairment 0 (14.8) (17.0)
Other non-operating income (expense) (34.9) (1.0) 2.2
Total non-operating income (expense) (69.4) (44.0) (40.3)
Income (loss) before income taxes and equity in (income) loss of unconsolidated affiliates 38.0 (184.1) (47.9)
Provision (benefit) for income taxes 7.6 (39.1) (22.1)
Equity in (income) loss of unconsolidated affiliates (1.7) 26.9 6.4
Income (loss) from continuing operations 32.1 (171.9) (32.2)
Loss from discontinued operations before taxes (4.3) (14.2) (10.4)
Benefit for income taxes (1.0) (5.0) (4.0)
Loss from discontinued operations (3.3) (9.2) (6.4)
Net income (loss) 28.8 (181.1) (38.6)
Less: Net income attributed to non-controlling interest 0 0.2 0.4
Net income (loss) attributed to Louisiana-Pacific Corporation 28.8 (181.3) (39.0)
Amounts attributed to LP Corporation common shareholders      
Income (loss) from continuing operations, net of tax 32.1 (172.1) (32.6)
Loss from discontinued operations, net of tax (3.3) (9.2) (6.4)
Net income (loss) attributed to Louisiana-Pacific Corporation $ 28.8 $ (181.3) $ (39.0)
Basic net income (loss) per share:      
Income (loss) per share from continuing operations $ 0.23 $ (1.29) $ (0.25)
Loss per share from discontinued operations $ (0.02) $ (0.07) $ (0.05)
Net income (loss) per share $ 0.21 $ (1.36) $ (0.30)
Diluted net earnings (loss) per share:      
Income (loss) per share from continuing operations $ 0.22 $ (1.29) $ (0.25)
Loss per share from discontinued operations $ (0.02) $ (0.07) $ (0.05)
Net income (loss) per share $ 0.20 $ (1.36) $ (0.30)
Average shares of stock outstanding - basic 137.1 133.2 129.1
Average shares of stock outstanding - diluted 142.6 133.2 129.1