Gain (loss) on sales or impairment of long lived assets

12 Months Ended

Dec. 31, 2018

GAIN (LOSS) ON SALE OF AND IMPAIRMENT OF LONG-LIVED ASSETS, NET [Abstract]

Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block]

LOSS) ON SALE OR IMPAIRMENT OF LONG-LIVED ASSETS

The major components of “Gain (loss) on sale or impairment of long-lived assets” in the Consolidated Statements of Income for the years ended December 31 are reflected in the table below and are described in the paragraphs following the table:

Dollar amounts in millions	Year ended December 31,
	2018			2017			2016
Impairment charges on long-lived assets	$	(10.7	)	$	(9.1	)	$	(0.8	)
Gain (loss) on sale or other disposition of other long-lived assets	(0.1		)	2.3			9.2
	$	(10.8	)	$	(6.8	)	$	8.4

2018

During 2018, we recorded a net loss on sale or impairment of long-lived assets of $10.8 million associated with a facility that is no longer used that is anticipated to be sold.

2017

During 2017, we recorded a net loss on sale or impairment of long-lived assets of $6.8 million. This net loss includes the following items:

• a loss of $4.7 million associated with a facility which was previously held for sale;

• a loss of $3.0 million associated with manufacturing equipment which is no longer being used; and

• a gain $2.3 million on the sale of manufacturing facilities no longer used.

2016

During 2016, we recorded a net gain on sale of long-lived assets of $8.4 million. This net loss includes the following items:

• a loss of $0.8 million related to the impairment on certain manufacturing assets associated with various OSB mills;

• a gain of $10.6 million related to the exchange of an idled OSB mill; and

• a loss of $1.4 million related to the disposal of various assets no longer used.