Selected Segment Data (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information about our business segments is as follows (dollar amounts in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
NET SALES BY BUSINESS SEGMENT
Siding	$	415	$	320	$	776	$	651
OSB	351		229		664		418
LPSA	46		53		93		108
Other	2		9		5		17
Total sales	$	814	$	611	$	1,539	1,195
NET INCOME TO ADJUSTED EBITDA RECONCILIATION
Net income (loss)	$	160	$	(21)	$	267	$	1
Add (deduct):
Net loss attributed to non-controlling interest	—		1		—		—
Income (loss) attributed to LP	160		(20)		267		1
Provision for income taxes	53		21		94		22
Depreciation and amortization	31		29		62		57
Stock-based compensation expense	4		3		11		7
Other operating credits and charges, net	1		17		1		22
Business exit charges and credits	(14)		34		(15)		34
Interest expense	4		3		8		6
Investment income	(6)		(2)		(11)		(7)
Pension settlement charges	—		—		—		6
Other non-operating items	(5)		8		(6)		11
Adjusted EBITDA	$	229	$	93	$	411	$	159
SEGMENT ADJUSTED EBITDA
Siding	$	105	$	59	$	195	$	126
OSB	125		37		215		42
LPSA	10		13		20		24
Other	(2)		(6)		(3)		(14)
Corporate	(9)		(9)		(16)		(19)
Adjusted EBITDA	$	229	$	93	$	411	$	159