Selected Segment Data (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
NET SALES BY BUSINESS SEGMENT
Siding	$	420	$	345	$	1,196	$	996
OSB	253		335		917		754
LPSA	47		45		140		153
Other	2		4		7		21
Total sales	$	722	$	728	$	2,261	1,923
NET INCOME TO ADJUSTED EBITDA RECONCILIATION
Net income	$	90	$	118	$	358	$	119
Add (deduct):
Net income attributed to non-controlling interest	—		—		—		—
Income attributed to LP	90		118		358		119
Provision for income taxes	23		44		117		66
Depreciation and amortization	31		30		93		87
Stock-based compensation expense	4		2		15		9
Loss on impairment attributed to LP	—		1		—		1
Other operating credits and charges, net	1		(7)		2		16
Business exit credits and charges	—		1		(14)		35
Interest expense	4		4		12		9
Investment income	(6)		(4)		(17)		(10)
Pension settlement charges	—		—		—		6
Other non-operating items	4		—		(2)		11
Adjusted EBITDA	$	153	$	190	$	564	$	349
SEGMENT ADJUSTED EBITDA
Siding	$	123	$	71	$	318	$	198
OSB	33		120		249		161
LPSA	9		6		29		31
Other	(3)		—		(6)		(15)
Corporate	(9)		(7)		(26)		(26)
Adjusted EBITDA	$	153	$	190	$	564	$	349