Owens Corning

For the period ended Mar 31, 2025. Filed May 7, 2025.

About 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, 2025 · Filed May 7, 2025

OC$121.31-2.4%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in millions, except per share amounts)

ASSETS	March 31,2025	December 31,2024
CURRENT ASSETS
Cash and cash equivalents	$400	$321
Receivables, less allowance of $3 at March 31, 2025 and $4 at December 31, 2024	1,557	1,140
Inventories	1,407	1,327
Other current assets	145	163
Current assets of discontinued operations	415	427
Total current assets	3,924	3,378
Property, plant and equipment, net	3,859	3,818
Operating lease right-of-use assets	405	411
Goodwill	2,762	2,745
Intangible assets, net	2,660	2,680
Deferred income taxes	11	8
Other non-current assets	429	456
Non-current assets of discontinued operations	216	579
TOTAL ASSETS	$14,266	$14,075
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable	$1,292	$1,301
Current operating lease liabilities	83	83
Short-term debt	499	1
Long-term debt - current portion	35	32
Other current liabilities	619	654
Current liabilities of discontinued operations	192	226
Total current liabilities	2,720	2,297
Long-term debt, net of current portion	5,045	5,067
Pension plan liability	43	42
Other employee benefits liability	99	101
Non-current operating lease liabilities	342	348
Deferred income taxes	687	719
Other liabilities	296	286
Non-current liabilities of discontinued operations	110	95
Total liabilities	$9,342	$8,955
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	4,209	4,228
Accumulated earnings	5,072	5,224
Accumulated other comprehensive deficit	(618)	(691)
Cost of common stock in treasury (c)	(3,782)	(3,685)
Total Owens Corning stockholders’ equity	4,882	5,077
Noncontrolling interests	42	43
Total equity	4,924	5,120
TOTAL LIABILITIES AND EQUITY	$14,266	$14,075

(a)10 shares authorized; none issued or outstanding at March 31, 2025 and December 31, 2024

(b)400 shares authorized;135.5 issued and 85.0 outstanding at March 31, 2025;135.5 issued and 85.4 outstanding at December 31, 2024

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.