Owens Corning
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 24, 2025
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 Stockholders’ Equity
| December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Total equity, beginning of period | $5,185 | $4,596 | $4,355 |
| Common stock, $0.01 par value per share | |||
| Beginning of period | 1 | 1 | 1 |
| End of period | 1 | 1 | 1 |
| Treasury stock, $0.01 par value per share | |||
| Beginning of period | (3,292) | (2,678) | (1,922) |
| Issuance of common stock under share-based payment plans | 95 | 48 | 39 |
| Purchase of treasury stock | (488) | (662) | (795) |
| End of period | (3,685) | (3,292) | (2,678) |
| Additional paid-in capital (APIC): | |||
| Beginning of period | 4,166 | 4,139 | 4,092 |
| Redeemable noncontrolling interest adjustment to redemption value | (1) | (2) | (2) |
| Reductions of noncontrolling interest | — | — | 8 |
| Issuance of common stock under share-based payment plans | (65) | (22) | (10) |
| Stock-based compensation expense | 93 | 51 | 51 |
| Fair value of awards included in transaction consideration | 35 | — | — |
| End of period | 4,228 | 4,166 | 4,139 |
| Accumulated earnings: | |||
| Beginning of period | 4,794 | 3,794 | 2,706 |
| Net earnings attributable to Owens Corning | 647 | 1,196 | 1,241 |
| Dividends declared (Dividend declarations of $2.49 per share as of December 31, 2024, $2.16 per share as of December 31, 2023, and $1.57 per share as of December 31, 2022.) | (217) | (196) | (153) |
| End of period | 5,224 | 4,794 | 3,794 |
| Accumulated other comprehensive earnings/deficit (AOCI): | |||
| Beginning of period | (503) | (681) | (581) |
| Currency translation adjustment | (216) | 62 | (101) |
| Pension and other postretirement adjustment (net of tax) | 15 | 105 | 17 |
| Deferred gain (loss) on hedging transactions (net of tax) | 13 | 11 | (16) |
| End of period | (691) | (503) | (681) |
| Noncontrolling Interest (NCI): | |||
| Beginning of period | 19 | 21 | 39 |
| Net earnings attributable to non-redeemable noncontrolling interests | — | 1 | 2 |
| Return of capital to non-redeemable noncontrolling interests | (3) | — | — |
| Dividends distributed to non-redeemable noncontrolling interests | (3) | (2) | — |
| Currency translation adjustment | (5) | (1) | (3) |
| Purchases (reductions) of noncontrolling interest | 35 | — | (17) |
| End of period | 43 | 19 | 21 |
| Total equity, end of period | $5,120 | $5,185 | $4,596 |
| Common shares outstanding: | |||
| Beginning of period | 87.2 | 91.9 | 100.4 |
| Issuance of common stock under share-based payment plans | 1.1 | 1.1 | 0.7 |
| Purchase of treasury stock | (2.9) | (5.8) | (9.2) |
| End of period | 85.4 | 87.2 | 91.9 |
| Treasury shares outstanding: | |||
| Beginning of period | 48.3 | 43.6 | 35.1 |
| Issuance of common stock under share-based payment plans | (1.1) | (1.1) | (0.7) |
| Purchase of treasury stock | 2.9 | 5.8 | 9.2 |
| End of period | 50.1 | 48.3 | 43.6 |
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