Company: LPX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000060519-25-000005
Chunk: 71

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 71
---
 pension plans— 471Other — — 1 Other comprehensive income (loss), net of tax(33)10 75 Comprehensive income$388 $187 $1,158 Comprehensive loss associated with noncontrolling interest— — 3 Comprehensive income attributed to LP$388 $187 $1,161     

See Notes to the Consolidated Financial Statements.

48

Consolidated Balance Sheets

Amounts in millions, except per share amounts

 December 31, 20242023ASSETSCash and cash equivalents$340 $222 Receivables, net of allowance for doubtful accounts of $1 at December 31, 2024, and $2 at December 31, 2023, respectively131 155 Inventories357 378 Prepaid expenses and other current assets27 23 Total current assets855 778 Timber and timberlands29 32 Property, plant and equipment, net1,592 1,540 Operating lease assets, net25 25 Goodwill and other intangible assets26 27 Investments in and advances to affiliates17 5 Other assets20 20 Deferred tax assets4 11 Total assets$2,569 $2,437 LIABILITIES AND STOCKHOLDERS’ EQUITYAccounts payable and accrued liabilities$287 $254 Income taxes payable11 5 Total current liabilities299 259 Long-term debt348 347 Deferred income taxes145 162 Non-current operating lease liabilities24 25 Contingency reserves, excluding current portion27 25 Other long-term liabilities57 61 Total liabilities899 880 Commitments and contingencies (Note 14)Stockholders’ equity:Preferred stock, $1 par value; 15 shares authorized, no shares issued— — Common stock, $1 par value; 200 shares authorized; 86 shares issued, and 70 shares issued and outstanding, respectively, as of December 31, 2024; 88 shares issued and 72 shares issued and outstanding, respectively, as of December 31, 202386 88 Additional paid-in capital478 465 Retained earnings1,615 1,479 Treasury stock, 16 shares at cost as of December 31, 2024 and 2023(386)(386)Accumulated comprehensive loss(122)(89)Total