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Selected Segment Data
 6 Months Ended
Jun. 30, 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 attributed to LP 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
 
Six Months Ended
 
June 30,
 
June 30,
 
2019
 
2018
 
2019
 
2018
Net sales
 
 
 
 
 
 
 
Siding
$
238

 
$
262

 
$
474

 
$
489

OSB
199

 
387

 
407

 
701

EWP
107

 
113

 
197

 
219

South America
40

 
45

 
85

 
88

Other
5

 
3

 
10

 
6

Intersegment sales
(2
)
 
—

 
(4
)
 
—

 
$
588

 
$
811

 
$
1,170

 
$
1,502

Operating profit (loss):
 
 
 
 
 
 
 
Siding
37

 
$
53

 
$
70

 
$
89

OSB
(18
)
 
149

 
(25
)
 
238

EWP
6

 
6

 
9

 
6

South America
7

 
10

 
15

 
19

Other
(2
)
 
(2
)
 
(5
)
 
(4
)
Other operating credits and charges, net
3

 
5

 
1

 
5

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

 
—

 
(1
)
 
1

General corporate and other expenses, net
(8
)
 
(6
)
 
(16
)
 
(12
)
Interest expense, net
(2
)
 
—

 
(1
)
 
(1
)
Other non-operating items
(2
)
 
(1
)
 
9

 
(2
)
Income from continuing operations before taxes
21

 
214

 
54

 
339

Provision for income taxes
3

 
51

 
11

 
81

Income from continuing operations attributed to LP
$
17

 
$
163

 
$
44

 
$
258