The previous equation can be calculated in two steps Ly=w;Ux=y.
To show that this is correct we use to the LU decomposition to rewrite our system of linear equations as LUx=w, and since the determinat of L is equal to 1 (by construction since the diagonals of L equal 1) we can use the inverse of L to obtain Ux=L−1w=y, which yields the intermediate step L−1w=y and as soon as we have y we can obtain x through Ux=y.