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Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share (dollar and share amounts in millions, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net income attributed to LP$90 $118 $358 $119 
Weighted average common shares outstanding - basic70 72 71 72 
Dilutive effect of employee stock plans— — — — 
Shares used for diluted earnings per share71 72 72 72 
Earnings per share:
Basic$1.28 $1.63 $5.01 $1.65 
Diluted$1.28 $1.63 $5.00 $1.65