Company: LPX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000060519-25-000005
Chunk: 74

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 74
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 associated with stock-based compensation— — — — 13 — — 13 Other comprehensive loss (income)— — — — — — 10 10 Balance as of December 31, 202388 88 16 (386)465 1,479 (89)1,557 Net income attributed to LP— — — — — 420 — 420 Cash dividends on common stock paid ($0.26 per share quarterly)— — — — — (74)— (74)Issuance of shares under stock plans— — — 12 (7)— 5 Taxes paid on net settlement— — — (11)— — — (11)Purchase of stock(2)(2)— — — (211)— (214)Compensation expense associated with stock-based compensation— — — — 20 — — 20 Other comprehensive loss (income)— — — — — — (33)(33)Balance as of December 31, 202486 $86 16 $(386)$478 $1,615 $(122)$1,670 See Notes to the Consolidated Financial Statements.

51

INDEX TO THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Note:DescriptionPage No.Note 1Summary of Significant Accounting Policies53Note 2Present and Prospective Accounting Pronouncements59Note 3Revenue59Note 4Earnings Per Share61Note 5Goodwill and Other Intangible Assets62Note 6Discontinued Operations63Note 7Business Exit Credits and Charges64Note 8Income Taxes65Note 9Leases 68Note 10Long-Term Debt70Note 11Stockholders' Equity71Note 12Other Operating and Non-Operating Income (Expense)74Note 13Impairment of Long-Lived Assets75Note 14Commitments and Contingencies76Note 15Product Warranties78Note 16Retirement Plans and Post-Retirement Benefits78Note 17Accumulated Comprehensive Loss80Note 18Segment Information81

52

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

1.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of OperationsLouisiana-Pacific Corporation and our subsidiaries are a leading provider of high-performance building solutions that