Louisiana-Pacific Corporation (LPX) financial statements (2021 and earlier)

Company profile

Business Address 414 UNION STREET
NASHVILLE, TN 37219-1711
State of Incorp. DE
Fiscal Year End December 31
SIC 24 - Lumber And Wood Products, Except Furniture (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments535181878928659435533
Cash and cash equivalents535181878928659435533
Inventory, net of allowances, customer advances and progress billings259265273259235222230
Prepaid expense159886725
Assets held-for-sale9
Other undisclosed current assets   228945
Total current assets:9936191,2871,3601,017769950
Noncurrent Assets
Finance lease, right-of-use asset 1
Operating lease, right-of-use asset4044
Property, plant and equipment9189651,010926883862851
Long-term investments and receivables111049828440437
Long-term investments1110498685
Accounts and financing receivable, after allowance for credit loss    22432432
Intangible assets, net (including goodwill), including:81916771576010
Intangible assets, net (excluding goodwill)5661     
Other undisclosed intangible assets, net (including goodwill)  51554750 
Restricted cash and investments 141313131410
Deferred costs      6
Deferred income tax assets3 
Other noncurrent assets24696157222317
Assets held-for-sale, long lived59
Defined benefit plan, assets for plan benefits111
Other undisclosed noncurrent assets1622261410713
Total noncurrent assets:1,0931,2161,2271,0891,0151,4071,403
TOTAL ASSETS:2,0861,8352,5142,4492,0312,1762,354
Current Liabilities
Accounts payable and accrued liabilities, including:267242233237223140168
Accounts payable  1161129073 
Accrued liabilities44343024191416
Employee-related liabilities624864765938 
Taxes payable157433553
Interest and dividends payable  7653 
Other undisclosed accounts payable and accrued liabilities1461531316148149
Debt8 525322
Due to related parties  01000
Other undisclosed current liabilities112237312
Total current liabilities:286244262270229143173
Noncurrent Liabilities
Long-term debt and lease obligation, including:351385347351374752760
Long-term debt, excluding current maturities348348347351374752760
Finance lease, liability 1
Operating lease, liability3236
Other undisclosed long-term debt and lease obligation(29)      
Liabilities, other than long-term debt199169197211220249389
Pension and other postretirement defined benefit plans, liabilities94
Accounts payable and accrued liabilities66     
Deferred compensation liability, classified22    2
Asset retirement obligations1011     
Deferred tax liabilities, net623328100140
Deferred income tax liabilities78 
Liability, pension and other postretirement and postemployment benefits1725     
Other liabilities86125135178192150154
Other undisclosed noncurrent liabilities636     
Total noncurrent liabilities:5565905445625941,0011,149
Total liabilities:8428348058328231,1441,321
Temporary equity, carrying amount1010     
Stockholders' equity
Stockholders' equity attributable to parent, including:1,2349911,7001,6051,1961,0171,116
Common stock124130153153153153153
Treasury stock, value  (378)(178)(189)(211)(225)
Additional paid in capital452454458471478497507
Accumulated other comprehensive loss(151)(153)(146)(122)(137)(146)(131)
Retained earnings1,2069661,6131,280890724812
Other undisclosed stockholders' equity attributable to parent(397)(406)     
Total stockholders' equity:1,2349911,7001,6051,1961,0171,116
Other undisclosed liabilities and equity  9121316(84)
TOTAL LIABILITIES AND EQUITY:2,0861,8352,5142,4492,0312,1762,354

Income statement (P&L) ($ in millions)

Revenue, net2,8282,7342,2331,8931,935
Cost of revenue(1,920)(2,007)(2,084)(2,011)(1,741)(1,699)(1,765)
Cost of goods and services sold(1,920)(2,007)(2,084)(1,882)(1,724)(1,683)(1,758)
Other undisclosed gross profit(1) (1)    
Gross profit:867303744723492194170
Operating expenses(227)(322)(220)(200)(288)(257)(247)
Other operating income (expense), net(4)(1)2(8)(17)(16)(8)
Other nonrecurring (income) expense  (5)    
Other undisclosed operating income (loss)  (0)817168
Operating income (loss):636(20)526523204(63)(78)
Nonoperating income (expense) 7(2)(13)(39)(32)(27)
Investment income, nonoperating 91811846
Foreign currency transaction loss, before tax (5)    (3)
Net periodic defined benefits expense (reversal of expense), excluding service cost component (3) 
Other nonoperating income (expense) 6(4)(4)(15)(5)(90)
Interest and debt expense(17)(18)(16)(19)(17)(31)(30)
Other undisclosed income from continuing operations before equity method investments, income taxes281619173130
Income (loss) from continuing operations before equity method investments, income taxes:621(23)524510165(95)(105)
Income (loss) from equity method investments1 (3) 574
Other undisclosed loss from continuing operations before income taxes(1)      
Income (loss) from continuing operations before income taxes:621(23)521510170(89)(101)
Income tax expense (benefit)(125)13(122)(119)(20)327
Other undisclosed income from continuing operations1      
Income (loss) from continuing operations:497(10)399391150(86)(73)
Loss from discontinued operations  (4)(1)(1)(2)(2)
Net income (loss):497(10)395390150(88)(75)
Net income attributable to noncontrolling interest25     
Net income (loss) available to common stockholders, diluted:499(5)395390150(88)(75)

Comprehensive Income ($ in millions)

Net income (loss):497(10)395390150(88)(75)
Other comprehensive income (loss)2(7)(8)159(15)(42)
Comprehensive income (loss):499(17)387405159(103)(118)
Comprehensive income, net of tax, attributable to noncontrolling interest25     
Comprehensive income (loss), net of tax, attributable to parent:501(12)387405159(103)(118)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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