Selected Segment Data (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Net sales
Siding	$	312	$	268	$	889	$	700
OSB	600		368		1,917		792
EWP	201		103		481		281
South America	76		45		203		119
Other	30		11		73		36
Intersegment sales	(1)		—		(2)		—
Total sales	$	1,219	$	795	$	3,561	1,928
PROFIT BY SEGMENT
Net income	$	365	$	177	$	1,182	$	241
Add (deduct):
Net loss attributed to noncontrolling interest	—		—		1		2
Income attributed to LP	365		177		1,183		243
Provision for income taxes	123		60		366		88
Depreciation and amortization	30		28		88		84
Stock-based compensation expense	5		5		10		8
Loss on impairment attributed to LP	—		1		—		15
Other operating credits and charges, net	(2)		(2)		(5)		(4)
Product-line discontinuance charges	—		(1)		—		9
Loss on early debt extinguishment	—		—		11		—
Interest expense	4		5		12		17
Investment income	—		—		(1)		(3)
Other non-operating items	(2)		—		3		(4)
Adjusted EBITDA	$	522	$	273	$	1,667	$	453
Siding	$	73	$	76	$	240	$	169
OSB	381		189		1,300		270
EWP	42		9		68		21
South America	37		11		91		29
Other	(3)		(5)		(11)		(13)
Corporate	(8)		(7)		(22)		(23)
Adjusted EBITDA	$	522	$	273	$	1,667	$	453