Owens Corning
For the period ended Mar 31, 2025. Filed May 7, 2025.
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Mar 31, 2025 · Filed May 7, 2025
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10. Warranties
- WARRANTIES
The Company records a liability for warranty obligations at the date the related products are sold. Adjustments are made as new information becomes available. Please refer to Note 1 of the Consolidated Financial Statements within our 2024 Form 10-K for information about our separately-priced extended warranty contracts. A reconciliation of the warranty liability is as follows:
| Three Months Ended March 31, | ||
|---|---|---|
| (In millions) | 2025 | 2024 |
| Beginning balance | $99 | $97 |
| Amounts accrued for current year | 6 | 4 |
| Settlements of warranty claims | (6) | (3) |
| Ending balance | $99 | $98 |
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