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Selected Segment Data
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Selected Segment Data
SELECTED SEGMENT DATA
We operate in four segments: Siding, North America Oriented Strand Board (OSB), Engineered Wood Products (EWP) and South America. Our business units have been aggregated into these four segments based upon the similarity of economic characteristics, customers and distribution methods. Our results of operations are summarized below for each of these segments separately as well as for the “other” category which comprises other products that are not individually significant. Segment information was prepared in accordance with the same accounting principles as those described in Note 1 of the Notes to the financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2018. During the first quarter of 2019, certain timber operations where reclassified from other to EWP and we have reclassifed a significant portion of our unallocated expenses to the business segments effective during the first quarter of 2019. All prior periods presented have been adjusted for comparability.
 
Quarter Ended
 
March 31,
 
2019
 
2018
Net sales
 
 
 
Siding
$
236

 
$
227

OSB
208

 
313

EWP
90

 
106

South America
45

 
42

Other
4

 
3

Intersegment sales
(2
)
 
—

 
$
582

 
$
691

Operating profit (loss):
 
 
 
Siding
$
33

 
$
36

OSB
(8
)
 
89

EWP
3

 
—

South America
8

 
9

Other
(4
)
 
(2
)
Other operating credits and charges, net
(2
)
 
—

Gain (loss) on sale or impairment of long-lived assets, net
(1
)
 
1

General corporate and other expenses, net
(8
)
 
(6
)
Interest expense, net of capitalized interest
(4
)
 
(4
)
Investment income
5

 
3

Other non-operating items
11

 
(1
)
Income from continuing operations before taxes
34

 
125

Provision for income taxes
7

 
30

Income from continuing operations
$
26

 
$
95