CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
Revenue:
Total revenue		$ 3,188		$ 2,902		$ 2,512
Operating expenses:
Cost of revenues		931	[1]	872	[2]	738	[3]
Selling, general and administrative		872		808		717
Research and development		262		228		218
Depreciation, amortization and impairments		361		384		420
Restructuring and other		94		92		146
Operating income		668		518		273
Other (expense) income:
Interest expense		(293)		(309)		(327)
Loss on debt financing transactions		(2)		(15)		(147)
Gain on remeasurement of debt and other		0		0		27
Other income, net		48		11		11
Total other expense, net		(247)		(313)		(436)
Net income (loss) from continuing operations before income taxes		421		205		(163)
Income tax expense		(85)		(25)		(13)
Net income (loss) from continuing operations		336		180		(176)
Net income from discontinued operations, net of tax	[4]	0		0		3,873
Net income		336		180		3,697
Less: Net income attributable to noncontrolling interest		0		17		22
Net income attributable to L&W		$ 336		$ 163		$ 3,675
Per Share - Basic:
Net income (loss) from continuing operations, basic (in usd per share)		$ 3.77		$ 1.79		$ (2.09)
Net income from discontinued operations, basic (in usd per share)		0		0		40.87
Net income attributable to L&W, basic (in usd per share)		3.77		1.79		38.78
Per Share - Diluted:
Net income (loss) from continuing operations, diluted (in shares)		3.68		1.75		(2.09)
Net income from discontinued operations, diluted (in shares)		0		0		40.87
Net income attributable to L&W, diluted (in shares)		$ 3.68		$ 1.75		$ 38.78
Weighted average number of shares used in per share calculations:
Basic shares (in shares)		89		91		95
Diluted shares (in shares)		91		93		95
Services
Revenue:
Total revenue		$ 2,105		$ 1,991		$ 1,795
Operating expenses:
Cost of revenues	[5]	448		445		390
Products
Revenue:
Total revenue		1,083		911		717
Operating expenses:
Cost of revenues	[5]	$ 483		$ 427		$ 348

[1] (2) Excludes D&A.

[2] (2) Excludes D&A.

[3] (2) Excludes D&A.

[4] (2) The year ended December 31, 2022 includes a pre-tax gain of $4,927 million on the sale of discontinued operations (see Note 1).

[5] (1) Excludes D&A.