Owens Corning
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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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.
Sep 30, 2024 · Filed Nov 6, 2024
OC$122.97-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES | ||
| Net earnings | $905 | $1,063 |
| Adjustments to reconcile net earnings to cash from operating activities: | ||
| Depreciation and amortization | 483 | 446 |
| Deferred income taxes | (55) | 40 |
| Stock-based compensation expense | 74 | 38 |
| Gains on sale of certain precious metals | (19) | (2) |
| Gain on sale of site | — | (189) |
| Other adjustments to reconcile net earnings to cash from operating activities | (8) | 23 |
| Changes in operating assets and liabilities | (147) | (384) |
| Pension fund contribution | (4) | (4) |
| Payments for other employee benefits liabilities | (8) | (8) |
| Other | (5) | (2) |
| Net cash flow provided by operating activities | 1,216 | 1,021 |
| NET CASH FLOW USED FOR INVESTING ACTIVITIES | ||
| Cash paid for property, plant, and equipment | (450) | (390) |
| Proceeds from the sale of assets or affiliates | 114 | 189 |
| Investment in subsidiaries and affiliates, net of cash acquired | (2,857) | (6) |
| Other | — | (12) |
| Net cash flow used for investing activities | (3,193) | (219) |
| NET CASH FLOW PROVIDED BY (USED FOR) FINANCING ACTIVITIES | ||
| Proceeds from long-term debt | 1,968 | — |
| Payments on long-term debt | (473) | — |
| Proceeds from senior revolving credit and receivables securitization facilities | 560 | — |
| Payments on senior revolving credit and receivables securitization facilities | (560) | — |
| Proceeds from term loan borrowing | 2,784 | — |
| Payments on term loan borrowing | (2,800) | — |
| Dividends paid | (156) | (142) |
| Purchases of treasury stock | (388) | (419) |
| Finance lease payments | (29) | (24) |
| Other | (5) | — |
| Net cash flow provided by (used for) financing activities | 901 | (585) |
| Effect of exchange rate changes on cash | (28) | 8 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | (1,104) | 225 |
| Cash, cash equivalents and restricted cash at beginning of period | 1,623 | 1,107 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD | $519 | $1,332 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.