Owens Corning
For the period ended Mar 31, 2024. Filed Apr 24, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 24, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
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, 2023 | 87.2 | $1 | 48.3 | $(3,292) | $4,166 | $4,794 | $(503) | $19 | $5,185 |
| Net earnings attributable to Owens Corning | — | — | — | — | — | 299 | — | — | 299 |
| Net earnings attributable to non-redeemable noncontrolling interests | — | — | — | — | — | — | — | — | — |
| Redeemable noncontrolling interest adjustment to redemption value | — | — | — | — | (1) | — | — | — | (1) |
| Currency translation adjustment | — | — | — | — | — | — | (41) | (1) | (42) |
| Pension and other postretirement adjustment (net of tax) | — | — | — | — | — | — | — | — | — |
| Deferred gain on hedging transactions (net of tax) | — | — | — | — | — | — | 5 | — | 5 |
| Issuance of common stock under share-based payment plans | 0.6 | — | (0.6) | 21 | (20) | — | — | — | 1 |
| Purchases of treasury stock | (1.1) | — | 1.1 | (162) | — | — | — | — | (162) |
| Stock-based compensation expense | — | — | — | — | 14 | — | — | — | 14 |
| Dividends declared (d) | — | — | — | — | — | (52) | — | — | (52) |
| Balance at March 31, 2024 | 86.7 | $1 | 48.8 | $(3,433) | $4,159 | $5,041 | $(539) | $18 | $5,247 |
(a)Additional Paid in Capital (“APIC”)
(b)Accumulated Other Comprehensive Earnings (Deficit) (“AOCI”)
(c)Noncontrolling Interests (“NCI”)
(d)Quarterly dividend declaration of $0.60 per share as of March 31, 2024
| Common StockOutstanding · TreasuryStock · APIC (a) · AccumulatedEarnings · AOCI (b) · NCI (c) · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Par Value · Shares · Cost | |||||||||
| 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 | — | — | — | — | — | 383 | — | — | 383 |
| Net earnings attributable to non-redeemable noncontrolling interests | — | — | — | — | — | — | — | — | — |
| Redeemable noncontrolling interest adjustment to redemption value | — | — | — | — | (1) | — | — | — | (1) |
| Currency translation adjustment | — | — | — | — | — | — | 31 | — | 31 |
| Pension and other postretirement adjustment (net of tax) | — | — | — | — | — | — | (1) | — | (1) |
| Deferred loss on hedging transactions (net of tax) | — | — | — | — | — | — | (1) | — | (1) |
| Issuance of common stock under share-based payment plans | 0.7 | — | (0.7) | 23 | (22) | — | — | — | 1 |
| Purchases of treasury stock | (1.8) | — | 1.8 | (161) | — | — | — | — | (161) |
| Stock-based compensation expense | — | — | — | — | 13 | — | — | — | 13 |
| Dividends declared (d) | — | — | — | — | — | (48) | — | — | (48) |
| Balance at March 31, 2023 | 90.8 | $1 | 44.7 | $(2,816) | $4,129 | $4,129 | $(652) | $21 | $4,812 |
(a)Additional Paid in Capital (“APIC”)
(b)Accumulated Other Comprehensive Earnings (Deficit) (“AOCI”)
(c)Noncontrolling Interests (“NCI”)
(d)Quarterly dividend declaration of $0.52 per share as of March 31, 2023
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