Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net sales	$ 3,854.0	$ 3,915.0	$ 2,399.0
Operating costs and expenses:
Cost of sales	(2,355.0)	(1,952.0)	(1,566.0)
Gross Profit	1,498.0	1,963.0	833.0
Selling, general, and administrative expenses	(264.0)	(223.0)	(195.0)
Loss on impairments	(1.0)	(6.0)	(16.0)
Other operating credits and charges, net	16.0	1.0	(7.0)
Income from operations	1,250.0	1,734.0	615.0
Non-operating income (expense):
Interest (expense) income	11.0	14.0	19.0
Investment Income, Net	14.0	1.0	4.0
Other nonoperating items	(97.0)	(22.0)	4.0
Income before income taxes	1,155.0	1,700.0	604.0
Provision for income taxes	(274.0)	(402.0)	(121.0)
Equity in unconsolidated affiliate	4.0	4.0	1.0
Income from continuing operations	885.0	1,302.0	484.0
Closed Block Operations, Income (Loss) from Discontinued Operations, Net of Tax	198.0	71.0	12.0
Net income	1,083.0	1,373.0	497.0
Net loss attributed to noncontrolling interest	3.0	4.0	2.0
Net income attributed to LP	$ 1,086.0	$ 1,377.0	$ 499.0
Basic net income (loss) per share:
Net income per share - diluted	$ 13.94	$ 14.19	$ 4.48
Diluted net earnings (loss) per share:
Net income per share - diluted	$ 13.87	$ 14.09	$ 4.46
Weighted average number of shares outstanding - basic	78	97	111
Weighted average number of shares outstanding, diluted	78	98	112