XML 20 R20.htm IDEA: XBRL DOCUMENT v3.19.3
Other Operating Credits and Charges, Net
 9 Months Ended
Sep. 30, 2019
Other Income and Expenses [Abstract]  
Other Operating Income and Expense [Text Block] OTHER OPERATING CREDITS AND CHARGES AND IMPAIRMENTS
 
Quarter Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
Reorganization charges
$
(2
)
 
$
(1
)
 
$
(5
)
 
$
(5
)
Severance and other charges associated with curtailment
(2
)
 
—

 
(3
)
 
—

Adjustment to product-related warranty reserves
—

 
8

 
4

 
8

Refund of environmental costs
—

 
—

 
—

 
8

Insurance recoveries
—

 
—

 
1

 
—

Expenses related to hurricane
—

 
(1
)
 
—

 
(1
)
 
$
(3
)
 
$
6

 
$
(2
)
 
$
11



During the third quarter of 2019, we recorded a charge of $2 million related to severance associated with certain reorganizations within the corporate office and $2 million related to severance and other charges associated with our curtailment of an OSB mill in British Columbia, Canada.

During the third quarter of 2019, we recorded a $5 million impairment related to a facility in Canada that LP expects to sell within the next 12 months.

During the second quarter of 2019, we reduced our product related warranty reserves by $4 million and recorded a gain of $1 million in insurance recoveries associated with property damage from prior years. Additionally, we recorded a charge of $1 million related to severance associated with certain reorganizations within the corporate office and $1 million related to severance and other charges associated with our recently announced planned curtailment of an OSB mill in British Columbia, Canada.

During the first quarter of 2019, we recorded a charge of $2 million on severance and other charges related to certain reorganizations within the corporate offices and property damage sustained by our Wilmington facility during a hurricane occurring in the fall of 2018.

During the third quarter of 2018, we recorded a gain of $8 million related to the reduction in product-related warranty reserves associated with CanExel products sold in specific geographic locations and for a specific time period based upon reductions in claims activities. Additionally, we recorded $1 million in severance and other charges related to certain reorganizations and a loss of $1 million related to property damage sustained by our Wilmington facility during a hurricane occurring in the fall of 2018.

During the second quarter of 2018, we recorded a gain of $8 million related to the settlement of previously-paid environmental costs or the liability for future environmental costs to be paid by a third party associated with a non-operating site. Additionally, we recorded a charge of $4 million in severance and other charges related to certain reorganizations within the corporate offices, including the costs associated with the retirement of our previous chief financial officer.