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Selected Segment Data (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
operatingSegment
Sep. 30, 2022
USD ($)
Segment Reporting Information [Line Items]          
Number of Operating Segments | operatingSegment       3  
Net sales $ 728.0   $ 852.0 $ 1,923.0 $ 3,149.0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 118.0   226.0 119.0 1,093.0
Net loss attributed to non-controlling interest 0.0   0.0 0.0 1.0
Income from discontinued operations, net of income taxes 0.0   (97.0) 0.0 (196.0)
Income from continuing operations attributed to LP 118.0   129.0 119.0 898.0
Provision for income taxes 44.0   44.0 66.0 284.0
Depreciation and amortization 30.0   32.0 87.0 96.0
Stock-based compensation expense (2.0)   (2.0) (9.0) (15.0)
Loss on impairment attributed to LP 1.0   0.0 1.0 0.0
Other operating income (expense) exclusive of product discontinuance charges (7.0)   (7.0) 16.0 (17.0)
Business exit charges 1.0   0.0 35.0 0.0
Interest Expense 4.0   3.0 9.0 9.0
Investment income, net of adjustments 4.0   5.0    
Investment income 4.0   5.0 10.0 8.0
Other Nonoperating Income Expense, Net of Debt Extinguishment 0.0   1.0 (11.0) (7.0)
Loss due to settlement 0.0 $ 6.0 4.0 6.0 4.0
Adjusted EBITDA 190.0   200.0 349.0 1,289.0
Intersegment sales          
Segment Reporting Information [Line Items]          
Net sales 0.0   (1.0) 0.0 (2.0)
Value-add [Member]          
Segment Reporting Information [Line Items]          
Net sales 560.0   650.0 1,552.0 2,262.0
Siding [Member]          
Segment Reporting Information [Line Items]          
Net sales 345.0   394.0 996.0 1,083.0
Adjusted EBITDA 71.0   90.0 198.0 251.0
Siding [Member] | Operating Segments          
Segment Reporting Information [Line Items]          
Net sales 345.0   394.0 996.0 1,083.0
Siding [Member] | Value-add [Member]          
Segment Reporting Information [Line Items]          
Net sales 342.0   393.0 989.0 1,079.0
OSB [Member]          
Segment Reporting Information [Line Items]          
Net sales 335.0   388.0 754.0 1,805.0
Adjusted EBITDA 120.0   113.0 161.0 1,021.0
OSB [Member] | Operating Segments          
Segment Reporting Information [Line Items]          
Net sales 335.0   388.0 754.0 1,805.0
OSB [Member] | Value-add [Member]          
Segment Reporting Information [Line Items]          
Net sales 174.0   205.0 412.0 995.0
South America          
Segment Reporting Information [Line Items]          
Net sales 45.0   53.0 153.0 190.0
Adjusted EBITDA 6.0   14.0 31.0 65.0
South America | Operating Segments          
Segment Reporting Information [Line Items]          
Net sales 45.0   53.0 153.0 190.0
South America | Value-add [Member]          
Segment Reporting Information [Line Items]          
Net sales 44.0   53.0 151.0 190.0
Other [Member]          
Segment Reporting Information [Line Items]          
Net sales 4.0   17.0 21.0 72.0
Adjusted EBITDA 0.0   (7.0) (15.0) (19.0)
Other [Member] | Operating Segments          
Segment Reporting Information [Line Items]          
Net sales 4.0   17.0 21.0 72.0
Other [Member] | Value-add [Member]          
Segment Reporting Information [Line Items]          
Net sales 0.0   0.0 0.0 0.0
Corporate Segment [Member]          
Segment Reporting Information [Line Items]          
Adjusted EBITDA $ (7.0)   $ (11.0) $ (26.0) $ (29.0)