Investor Presentaiton
RECONCILIATION OF NET INCOME TO NON-
GAAP ADJUSTED EBITDA
($ in millions)
Quarter Ended December 31,
2023
2022
Year Ended December 31,
2023
2022
59
(11) $
178
1,083
Net income (loss)
Add (deduct):
Net loss attributed to noncontrolling interest
Income (loss) attributed to LP from continuing operations
Provision (benefit) for income taxes
Depreciation and amortization
Stock-based compensation expense
Loss on impairment attributed to LP
Other operating credits and charges, net
Business exit charges
Interest expense
Investment income
Pension settlement charges
Other non-operating items
Adjusted EBITDA
3
3
Income from discontinued operations, net of income taxes
(2)
(198)
59
(10)
178
888
7
(10)
74
274
32
34
119
129
4
5
2
(3)
5
♡ | - | ~
3
13
19
6
1
1
18
(16)
32
2
14
11
(8)
(6)
(18)
(14)
(2)
78
4
82
28
8
39
15
$
129 $
100 $
478 $
1,389
PAGE 58
BUILDING
LP SOLUTIONSView entire presentation