Company: LPX
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000060519-25-000035
Chunk: 0

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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  Diluted                                                                                                 70      71                                                 70                       72             

The accompanying Notes are an integral part of these unaudited Condensed Consolidated Financial Statements.

Condensed Consolidated Statements of Comprehensive Income

Amounts in millions

(Unaudited)

                                                     Three Months Ended September 30,                Nine Months Ended September 30,                               
                                                     2025                                  2024      2025                                          2024            
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net income                                         $                                     $         $                                    154      $          358  
  Other comprehensive income (loss), net of tax                                                                                                                    
  Foreign currency translation adjustments           ( 4)                                  9         14                                            ( 11)           
  Comprehensive income                               $                                     $         $                                    168      $          347  

The accompanying Notes are an integral part of these unaudited Condensed Consolidated Financial Statements.

Condensed Consolidated Balance Sheets

Amounts in millions, except per share amounts

(Unaudited)

                                                                                                                                                                                                            September 30, 2025                 December 31, 2024             
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  ASSETS                                                                                                                                                                                                                                                                     
  Cash and cash equivalents                                                                                                                                                                                                  $        316                      $        340  
  Receivables, net of allowance for doubtful accounts of $ 1 as of September 30, 2025 and December 31, 2024                                                                                                                158                               131             
  Inventories                                                                                                                                                                                                              357                               357             
  Prepaid expenses and other current assets                                                                                                                                                                                 31                                27             
  Total current assets                                                                                                                                                                                                     862                               855             
  Property, plant, and equipment, net                                                                                                                                                                                               1,669                             1,592  
  Timber and timberlands                                                                                                                                                                                                    25                                29             
  Operating lease assets, net                                                                                                                                                                                               23                                25             
  Goodwill and other intangible assets                                                                                                                                                                                      24                                26             
  Investments in and advances to affiliates                                                                                                                                                                                 17                                17             
  Other assets                                                                                                                                                                                                              23                                20             
  Deferred tax asset                                                                                                                                                                                                         6                                 4             
  Total assets                                                                                                                                                                                                               $      2,649                      $      2,569  
  LIABILITIES AND STOCKHOLDERS’