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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2016
Operating Loss Carryforwards [Line Items]  
Summary of Tax Credit Carryforwards [Table Text Block]
The benefit relating to capital loss, net operating loss (NOL) and credit carryovers included in the above table at December 31, 2016 consists of:
Dollar amounts in millions
Expiration Beginning in
Benefit Amount
Valuation Allowance
State NOL carryovers
2017
22.8

(8.4
)
State capital loss carryover
2017
0.1

(0.1
)
State credit carryovers
2017
0.7

(0.5
)
Canadian NOL carryovers
2029
52.9

(12.5
)
Canadian capital loss carryovers
Indefinitely
7.1

(7.1
)
Canadian credit carryovers
2017
3.0

(3.0
)
Brazilian NOL carryovers
Indefinitely
0.5

(0.5
)
 
 
$
87.1

$
(32.1
)

LP periodically reviews the need for valuation allowances against deferred tax assets and recognizes these deferred tax assets to the extent that their realization is more likely than not. As part of our review, we consider all positive and negative evidence, including earnings history, the future reversal of deferred tax liabilities, and the relevant expirations of carryforwards. LP believes that the valuation allowances provided are appropriate. If future years’ earnings differ from the estimates used to establish these valuation allowances or other objective positive or negative evidence arises, LP may be required to record an adjustment resulting in an impact on tax expense (benefit) for that period.
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
oss) from continuing operations before income taxes consists of the following:
 
 
Year ended December 31,
Dollar amounts in millions
2016
 
2015
 
2014
Domestic
$
98.4

 
$
(8.7
)
 
$
(66.4
)
Foreign
71.7

 
(80.0
)
 
(34.2
)
Total
$
170.1

 
$
(88.7
)
 
$
(100.6
)
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
 
Year ended December 31,
Dollar amounts in millions
2016
 
2015
 
2014
Current tax provision (benefit):
 
 
 
 
 
U.S. federal
$
60.4

 
$
(2.4
)
 
$
(5.0
)
State and local
4.4

 
(0.5
)
 
0.3

Foreign
10.4

 
2.6

 
1.6

Net current tax provision (benefit)
75.2

 
(0.3
)
 
(3.1
)
Deferred tax provision (benefit):
 
 
 
 
 
U.S. federal
(48.1
)
 
(1.1
)
 
(19.5
)
State and local
1.2

 
(1.8
)
 
(1.2
)
Foreign
11.7

 
(26.6
)
 
(13.3
)
Net valuation allowance increase (decrease)
(20.2
)
 
27.1

 
9.9

Net deferred tax benefit
(55.4
)
 
(2.4
)
 
(24.1
)
Total income tax provision (benefit)
$
19.8

 
$
(2.7
)
 
$
(27.2
)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
The tax effects of significant temporary differences creating deferred tax (assets) and liabilities at December 31 were as follows:
 
  
December 31,
Dollar amounts in millions
2016
 
2015
Property, plant and equipment
$
164.2

 
$
165.2

Timber and timberlands
11.6

 
12.0

Inventories
(6.9
)
 
(7.7
)
Accrued liabilities
(83.9
)
 
(79.7
)
Benefit of capital loss and NOL carryovers
(83.4
)
 
(137.3
)
Benefit of tax credit carryovers
(3.7
)
 
(21.0
)
Installment sale gain deferral
8.0

 
128.5

Market value write down of ARS
(8.8
)
 
(8.8
)
Other
(11.6
)
 
(12.6
)
Valuation allowance
37.9

 
56.1

Net deferred tax liabilities
$
23.4

 
$
94.7

Balance sheet classification
 
 
 
Long-term deferred tax asset
(4.3
)
 
(4.8
)
Long-term deferred tax liability
27.7

 
99.5

 
$
23.4

 
$
94.7
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The following table summarizes the differences between the statutory U.S. federal and effective income tax rates on continuing operations:
 
Year ended December 31,
 
2016
 
2015
 
2014
U.S. federal tax rate
35
 %
 
(35
)%
 
(35
)%
State and local income taxes
2

 
(2
)
 
(2
)
Effect of foreign tax rates
(5
)
 
13

 
5

Effect of foreign exchange on functional currencies
2

 
(8
)
 
(6
)
Tax credits
(12
)
 
—

 
—

Capital gain - timber
(15
)
 
—

 
—

Stock-based compensation
(2
)
 
—

 
—

Domestic manufacturing deduction
(2
)
 
—

 
—

Valuation allowance
(12
)
 
31

 
10

Uncertain tax positions
21

 
(4
)
 
1

Other, net
—

 
2

 
—

Effective tax rate (%)
12
 %
 
(3
)%
 
(27
)%
Summary of Income Tax Contingencies [Table Text Block]
In accordance with the accounting for uncertain tax positions, the following is a tabular reconciliation of the total amount of unrecognized tax benefits at the beginning and end of the years presented:
 
 
December 31,
Dollar amounts in millions
2016
 
2015
 
2014
Beginning balance
$
4.1

 
$
42.2

 
$
48.9

Increases:
 
 
 
 
 
Tax positions taken in current year
26.9

 
—

 
0.1

Tax positions taken in prior years
10.4

 
0.9

 
1.3

Decreases:
 
 
 
 
 
Tax positions taken in current year
—

 
—

 
—

Tax positions taken in prior years
—

 
(0.5
)
 
(8.1
)
Settlements during the year
—

 
(34.7
)
 
—

Lapse of statute in current year
(1.6
)
 
(3.8
)
 
—

Ending balance
$
39.8

 
$
4.1

 
$
42.2