Owens Corning
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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FY2024 · Filed Feb 24, 2025
OC$127.02+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| ASSETS | 2024 | 2023 |
| CURRENT ASSETS | ||
| Cash and cash equivalents | $361 | $1,615 |
| Receivables, less allowance of $4 at December 31, 2024 and $11 at December 31, 2023 | 1,244 | 987 |
| Inventories | 1,587 | 1,198 |
| Other current assets | 186 | 117 |
| Total current assets | 3,378 | 3,917 |
| Property, plant and equipment, net | 4,164 | 3,841 |
| Operating lease right-of-use assets | 414 | 222 |
| Goodwill | 2,843 | 1,392 |
| Intangible assets, net | 2,688 | 1,528 |
| Deferred income taxes | 54 | 24 |
| Other non-current assets | 534 | 313 |
| TOTAL ASSETS | $14,075 | $11,237 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $1,430 | $1,216 |
| Current operating lease liabilities | 87 | 62 |
| Long-term debt – current portion | 38 | 431 |
| Other current liabilities | 742 | 615 |
| Total current liabilities | 2,297 | 2,324 |
| Long-term debt, net of current portion | 5,116 | 2,615 |
| Pension plan liability | 49 | 69 |
| Other employee benefits liability | 102 | 112 |
| Non-current operating lease liabilities | 375 | 165 |
| Deferred income taxes | 719 | 427 |
| Other liabilities | 297 | 315 |
| Total liabilities | 8,955 | 6,027 |
| Redeemable noncontrolling interest | — | 25 |
| OWENS CORNING STOCKHOLDERS’ EQUITY | ||
| Preferred stock, par value $0.01 per share (a) | — | — |
| Common stock, par value $0.01 per share (b) | 1 | 1 |
| Additional paid in capital | 4,228 | 4,166 |
| Accumulated earnings | 5,224 | 4,794 |
| Accumulated other comprehensive deficit | (691) | (503) |
| Cost of common stock in treasury (c) | (3,685) | (3,292) |
| Total Owens Corning stockholders’ equity | 5,077 | 5,166 |
| Noncontrolling interests | 43 | 19 |
| Total equity | 5,120 | 5,185 |
| TOTAL LIABILITIES AND EQUITY | $14,075 | $11,237 |
(a)10 shares authorized; none issued or outstanding at December 31, 2024 and December 31, 2023
(b)400 shares authorized;135.5 issued and 85.4 outstanding at December 31, 2024;135.5 issued and 87.2 outstanding at December 31, 2023
(c)50.1 shares at December 31, 2024 and 48.3 shares at December 31, 2023
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