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Selected Segment Data
 9 Months Ended
Sep. 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 reclassified 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
Net sales
 
 
 
 
 
 
 
Siding
$
259

 
$
241

 
$
733

 
$
729

OSB
197

 
349

 
605

 
1,050

EWP
105

 
110

 
303

 
329

South America
36

 
35

 
121

 
122

Other
6

 
3

 
16

 
9

Intersegment sales
(1
)
 
—

 
(4
)
 
—

 
$
603

 
$
737

 
$
1,773

 
$
2,239

Operating profit (loss):
 
 
 
 
 
 
 
Siding
$
38

 
$
51

 
$
108

 
$
140

OSB
(16
)
 
106

 
(41
)
 
345

EWP
2

 
6

 
11

 
12

South America
6

 
7

 
20

 
25

Other
(4
)
 
(2
)
 
(10
)
 
(7
)
Other operating credits and charges, net
(3
)
 
6

 
(2
)
 
11

Gain (loss) on sale or impairment of long-lived assets, net
(5
)
 
—

 
(6
)
 
—

General corporate and other expenses, net
(6
)
 
(6
)
 
(23
)
 
(18
)
Interest expense, net
(4
)
 
2

 
(5
)
 
1

Other non-operating items
(1
)
 
(2
)
 
8

 
(4
)
Income from continuing operations before taxes
5

 
166

 
59

 
505

Provision for income taxes
3

 
42

 
13

 
123

Income from continuing operations attributed to LP
$
2

 
$
124

 
$
46

 
$
382