Owens Corning
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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FY2023 · Filed Feb 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| Common StockOutstanding · TreasuryStock · APIC (a) · AccumulatedEarnings · AOCI (b) · NCI (c) · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Par Value · Shares · Cost | |||||||||
| Balance at December 31, 2020 | 105.6 | $1 | 29.9 | $(1,400) | $4,059 | $1,829 | $(588) | $40 | $3,941 |
| Net earnings attributable to Owens Corning | — | — | — | — | — | 995 | — | — | 995 |
| Currency translation adjustment | — | — | — | — | — | — | (59) | (1) | (60) |
| Pension and other postretirement adjustment (net of tax) | — | — | — | — | — | — | 54 | — | 54 |
| Deferred gain on hedging transactions (net of tax) | — | — | — | — | — | — | 12 | — | 12 |
| Issuance of common stock under share-based payment plans | 1.0 | — | (1.0) | 48 | (17) | — | — | — | 31 |
| Purchases of treasury stock | (6.2) | — | 6.2 | (570) | — | — | — | — | (570) |
| Stock-based compensation expense | — | — | — | — | 50 | — | — | — | 50 |
| Dividends declared (d) | — | — | — | — | — | (118) | — | — | (118) |
| Balance at December 31, 2021 | 100.4 | $1 | 35.1 | $(1,922) | $4,092 | $2,706 | $(581) | $39 | $4,335 |
| Net earnings attributable to Owens Corning | — | — | — | — | — | 1,241 | — | — | 1,241 |
| Net earnings attributable to non-redeemable noncontrolling interests | — | — | — | — | — | — | — | 2 | 2 |
| Redeemable noncontrolling interest adjustment to redemption value | — | — | — | — | (2) | — | — | — | (2) |
| Currency translation adjustment | — | — | — | — | — | — | (101) | (3) | (104) |
| Pension and other postretirement adjustment (net of tax) | — | — | — | — | — | — | 17 | — | 17 |
| Deferred loss on hedging transactions (net of tax) | — | — | — | — | — | — | (16) | — | (16) |
| Purchases of noncontrolling interest | — | — | — | — | 8 | — | — | (17) | (9) |
| Issuance of common stock under share-based payment plans | 0.7 | — | (0.7) | 39 | (10) | — | — | — | 29 |
| Purchases of treasury stock | (9.2) | — | 9.2 | (795) | — | — | — | — | (795) |
| Stock-based compensation expense | — | — | — | — | 51 | — | — | — | 51 |
| Dividends declared (d) | — | — | — | — | — | (153) | — | — | (153) |
| Balance at December 31, 2022 | 91.9 | $1 | 43.6 | $(2,678) | $4,139 | $3,794 | $(681) | $21 | $4,596 |
| Net earnings attributable to Owens Corning | — | — | — | — | — | 1,196 | — | — | 1,196 |
| Net earnings attributable to non-redeemable noncontrolling interests | — | — | — | — | — | — | — | 1 | 1 |
| Redeemable noncontrolling interest adjustment to redemption value | — | — | — | — | (2) | — | — | — | (2) |
| Dividends distributed to non-redeemable noncontrolling interests | — | — | — | — | — | — | — | (2) | (2) |
| Currency translation adjustment | — | — | — | — | — | — | 62 | (1) | 61 |
| Pension and other postretirement adjustment (net of tax) | — | — | — | — | — | — | 105 | — | 105 |
| Deferred gain on hedging transactions (net of tax) | — | — | — | — | — | — | 11 | — | 11 |
| Issuance of common stock under share-based payment plans | 1.1 | — | (1.1) | 48 | (22) | — | — | — | 26 |
| Purchases of treasury stock | (5.8) | — | 5.8 | (662) | — | — | — | — | (662) |
| Stock-based compensation expense | — | — | — | — | 51 | — | — | — | 51 |
| Dividends declared (d) | — | — | — | — | — | (196) | — | — | (196) |
| Balance at December 31, 2023 | 87.2 | $1 | 48.3 | $(3,292) | $4,166 | $4,794 | $(503) | $19 | $5,185 |
(a)Additional Paid in Capital (APIC)
(b)Accumulated Other Comprehensive Earnings (Deficit) (“AOCI”)
(c)Noncontrolling Interest (“NCI”)
(d)Dividend declarations of $2.16 per share as of December 31, 2023, $1.57 per share as of December 31, 2022, and $1.13 per share as of December 31, 2021.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.