Company: LPX
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038227
Chunk: 11

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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 warranty reserves                                                                          6                                8         6                                 8  
  Current portion of warranty reserves (included in accounts payable and accrued liabilities)      ( 2)                             ( 2)      ( 2)                           ( 2)  
  Long-term portion of warranty reserves (included in other long-term liabilities)                 $                                $         $                                 $  

Warranty and other product-related claims continue to be monitored by management, and as of June 30, 2025, the warranty reserve balances associated with these matters are considered adequate to cover future warranty payments. However, additional adjustments may be required in the future.

NOTE 14. ACCUMULATED COMPREHENSIVE LOSS

Accumulated comprehensive loss is provided in the following table for the three and six months ended June 30, 2025 and 2024 (dollar amounts in millions):

                               Three Months Ended June 30,                                        Six Months Ended June 30,                         
                               2025                                         2024                  2025                                       2024   
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Beginning Balance            $                                ( 110)      $         ( 104)      $                              ( 122)      $      
  Translation Adjustments      6                                            ( 4)                  18                                         ( 20)  
  Ending Balance               $                                ( 104)      $         ( 109)      $                              ( 104)      $      

NOTE 15. SELECTED SEGMENT DATA

The Company operates in three three

• The Siding segment serves diverse end markets with a broad product portfolio of engineered wood siding, trim, soffit, and fascia, including LP® SmartSide®Trim & Siding, LP® SmartSide® ExpertFinish®Trim & Siding, LP BuilderSeries®Lap Siding, and LP® Outdoor Building Solutions®(collectively referred to as Siding Solutions).

• The OSB segment manufactures and distributes OSB structural panel products, including the innovative value-added OSB product portfolio known as LP®Structural Solutions (which includes LP® TechShield®Radiant Barrier, LP WeatherLogic®Air & Water Barrier, LP Legacy®Premium Sub-Flooring, LP NovaCore®Thermal Insulated Sheathing, LP® FlameBlock®Fire-Rated Sheathing, LP® TopNotch®350 Durable Sub-Flooring) and LP® Oriented Strand Board.

•