v3.26.1
Selected Segment Data (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
Information regarding the Company’s business segments is presented below (dollar amounts in millions):
Three Months Ended March 31, 2026
SidingOSB
Total
Revenues from external customers
$360 $168 $528 
Reconciliation of revenue
Other revenues1
46 
Total consolidated revenues
$574 
Less:
Cost of sales(244)(179)
Selling, general, and administrative expenses(39)(17)
Depreciation and amortization
22 14 
Other segment items2
2 1 
Reportable segment Adjusted EBITDA
$101 $(12)$89 
Three Months Ended March 31, 2025
SidingOSB
Total
Revenues from external customers
$402 $267 $669 
Reconciliation of revenue
Other revenues1
54 
Total consolidated revenues
$724 
Less:
Cost of sales(276)(211)
Selling, general, and administrative expenses(42)(16)
Depreciation and amortization
20 13 
Other segment items2
1 1 
Reportable segment Adjusted EBITDA
$106 $54 $160 
1 Other revenues include sales from the Company's South American operations and other minor products and services.
2 Other segment items include stock compensation expense.
 Three Months Ended March 31,
20262025
Reconciliation of profit (loss)
Reportable segment Adjusted EBITDA
$89 $160 
Add (deduct):
Other Adjusted EBITDA1
(7)2 
Depreciation and amortization(38)(35)
Stock-based compensation expense(7)(5)
Other operating credits and charges, net2
(2)(2)
Product-line discontinuance charges2
(1)— 
Interest expense(4)(3)
Investment income2 4 
Other non-operating (expense) income2
3 (5)
Income before income taxes
$36 $116 
1Other Adjusted EBITDA includes the Company's South American operations, unallocated corporate expenses, and other minor products and services.
2See further discussion in “Note 7 - Other Operating and Non-Operating Items” of the Notes to the Condensed Consolidated Financial Statements.
Information concerning identifiable assets by segment is as follows (dollar amounts in millions):
March 31, 2026December 31, 2025
Identifiable Assets
Siding$1,467 $1,419 
OSB539 531 
Other574 677 
Total assets$2,581 $2,627