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Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Information about LP’s product segments is as follows:
  
Year ended December 31,
Dollar amounts in millions
2015
 
2014
 
2013
SALES BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
807.5

 
$
855.2

 
$
1,068.1

Siding
636.4

 
617.3

 
573.8

Engineered Wood Products
286.1

 
281.0

 
250.4

South America
134.9

 
150.4

 
171.5

Other products
29.0

 
32.8

 
30.6

Intersegment Sales
(1.4
)
 
(1.9
)
 
(9.2
)
Total sales
$
1,892.5

 
1,934.8

 
$
2,085.2

PROFIT (LOSS) BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
(46.3
)
 
$
(52.6
)
 
$
230.3

Siding
93.2

 
79.8

 
85.8

Engineered Wood Products
(7.3
)
 
(14.0
)
 
(14.6
)
South America
9.8

 
11.3

 
20.0

Other products
(2.8
)
 
(3.5
)
 
(6.1
)
Other operating credits and charges, net
(16.3
)
 
(7.5
)
 
(3.8
)
Gain (loss) on sales of and impairments of long-lived assets
(2.1
)
 
3.1

 
(0.2
)
General corporate and other expense, net
(84.8
)
 
(89.8
)
 
(96.7
)
Investment income
4.4

 
5.5

 
10.3

Interest expense, net of capitalized interest
(31.2
)
 
(29.8
)
 
(36.0
)
Other non-operating income (expense)
(5.3
)
 
(3.1
)
 
29.5

Income (loss) from continuing operations before taxes
(88.7
)
 
(100.6
)
 
218.5

Provision (benefit) for income taxes
(2.7
)
 
(27.2
)
 
41.1

Income (loss) from continuing operations
$
(86.0
)
 
$
(73.4
)
 
$
177.4

 
 
 
 
 
 
  
Year ended December 31,
 
2015
 
2014
 
2013
DEPRECIATION AND AMORTIZATION
 
 
 
 
 
OSB
$
57.0

 
$
56.1

 
$
49.9

Siding
19.7

 
17.4

 
16.4

Engineered Wood Products
12.6

 
13.7

 
11.4

South America
7.9

 
9.1

 
10.5

Other products
1.8

 
1.1

 
1.3

Non-segment related
2.9

 
3.3

 
1.8

Total depreciation and amortization
$
101.9

 
$
100.7

 
$
91.3

 
 
 
 
 
 
CAPITAL EXPENDITURES
 
 
 
 
 
OSB
$
26.5

 
$
26.3

 
$
36.5

Siding
75.7

 
33.0

 
22.8

Engineered Wood Products
4.1

 
5.3

 
2.2

South America
6.0

 
7.4

 
3.9

Other products
1.1

 

 

Non-segment related
0.4

 
8.1

 
10.2

Total capital expenditures
$
113.8

 
$
80.1

 
$
75.6


Information concerning identifiable assets by segment is as follows: 
Dollar amounts in millions
December 31,
2015
 
2014 (a)
IDENTIFIABLE ASSETS
 
 
 
OSB
$
596.9

 
$
675.8

Siding
316.3

 
205.5

Engineered Wood Products
119.6

 
130.5

South America
92.7

 
126.8

Other products
40.4

 
41.2

Non-segment related
1,010.4

 
1,169.0

Total assets
$
2,176.3

 
$
2,348.8


Schedule of Segment Reporting Information, by Geographical Areas [Table Text Block]
Information concerning LP’s geographic segments is as follows:
 
  
Year ended December 31,
Dollar amounts in millions
2015
 
2014
 
2013
GEOGRAPHIC SEGMENTS
 
 
 
 
 
Total Sales—Point of origin
 
 
 
 
 
U.S.
$
1,511

 
$
1,465

 
$
1,611

Canada
248

 
322

 
303

South America
135

 
150

 
172

Intersegment sales
(1
)
 
(2
)
 
(1
)
Total Sales
$
1,893

 
$
1,935

 
$
2,085

Operating profit (loss)
 
 
 
 
 
U.S.
$
84

 
$
27

 
$
247

Canada
(47
)
 
(17
)
 
48

South America
10

 
11

 
20

Other operating credits and charges, net and gain (loss) on sales of and impairments of long-lived assets
(18
)
 
(4
)
 
(4
)
General corporate expense, other-than-temporary investment impairment, loss on early debt extinguishment, realized gain on long term investments, translation gains (losses) and interest, net
(118
)
 
(118
)
 
(93
)
 
(89
)
 
(101
)
 
219

Provision (benefit) for income taxes
(3
)
 
(27
)
 
41

Income (loss) from continuing operations
$
(86
)
 
$
(73
)
 
$
177

 
 
 
 
 
 
IDENTIFIABLE TANGIBLE LONG LIVED ASSETS
 
 
 
 
 
U.S.
$
506

 
$
523

 
$
544

Canada
360

 
329

 
313

South America
50

 
66

 
83

Total assets
$
916

 
$
918

 
$
940