Company: OC
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001628280-25-022858
Chunk: 126

Company: Owens Corning
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 126
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    DEBT 

Details of the Company’s outstanding long-term debt, as well as the fair values, are as follows:March 31, 2025December 31, 2024(In millions)Carrying ValueFair ValueCarrying ValueFair Value3.400% senior notes, net of discount and financing fees, due 2026$399 98 %$399 98 %5.500% senior notes, net of discount and financing fees, due 2027497 102 %497 102 %5.375% senior notes, net of discount and financing fees, due 2028— — %29 99 %3.950% senior notes, net of discount and financing fees, due 2029447 97 %447 95 %3.500% senior notes, net of discount and financing fees, due 20302 92 %2 89 %3.500% senior notes, net of discount and financing fees, due 2030339 94 %338 93 %3.875% senior notes, net of discount and financing fees, due 2030298 95 %298 94 %5.700% senior notes, net of discount and financing fees, due 2034790 103 %790 102 %7.000% senior notes, net of discount and financing fees, due 2036369 113 %369 112 %4.300% senior notes, net of discount and financing fees, due 2047589 81 %589 80 %4.400% senior notes, net of discount and financing fees, due 2048391 82 %391 80 %5.950% senior notes, net of discount and financing fees, due 2054683 100 %683 99 %Various finance leases, due through 2050 (a)276 100 %267 100 %Total long-term debt5,080 N/A5,099 N/ALess – current portion of finance leases and other (a)35 100 %32 100 %Long-term debt, net of current portion$5,045 N/A$5,067 N/A(a)The Company determined that the book value of the above noted long-term debt instruments approximates fair value. The fair values of the Company’s outstanding long-term debt instruments were estimated using market observable