Company: LPX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000060519-25-000005
Chunk: 72

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 72
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 stockholders’ equity1,671 1,557 Total liabilities and stockholders’ equity$2,569 $2,437 

See Notes to the Consolidated Financial Statements.

49

 Consolidated Statements of Cash Flows

Amounts in millions

 Year Ended December 31, 202420232022CASH FLOWS FROM OPERATING ACTIVITIES:Net income$420 $178 $1,083 Adjustments to net income:Depreciation and amortization126 119 132 Impairment of goodwill and long-lived assets5 30 1 Loss (gain) on sale of assets, net2 (7)(157)Pension loss due to settlement— 4 82 Deferred taxes(4)44 1 Foreign currency remeasurement and transaction (gains) losses— 50 (2)Other adjustments, net6 26 35 Changes in assets and liabilities (net of acquisitions and divestitures):Receivables3 (8)22 Inventories9 (46)(66)Prepaid expenses and other current assets(5)(1)(7)Accounts payable and accrued liabilities23 (40)15 Income taxes payable, net of receivables19 (33)6 Net cash provided by operating activities605 316 1,144 CASH FLOWS FROM INVESTING ACTIVITIES:Property, plant, and equipment additions(183)(300)(414)Acquisition of facility assets — (80)— Proceeds from business divestiture— — 268 Proceeds from sale of assets1 9 — Investment in affiliates(17)— — Other investing activities, net16 (4)— Net cash used in investing activities(183)(376)(146)CASH FLOWS FROM FINANCING ACTIVITIES:Repayment of long-term debt— (80)— Borrowing of long-term debt— 80 — Payment of cash dividends(74)(69)(69)Purchase of stock(212)— (900)Other financing activities(7)(8)(13)Net cash used in financing activities(292)(77)(982)EFFECT OF EXCHANGE RATE ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH(12)(24)(5)Net increase (decrease) in cash, cash equivalents, and restricted cash118 (161)