Company: OC
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001370946-25-000077
Chunk: 371

Company: Owens Corning
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 371
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 reportable segments2,294 2,035 1,941 Corporate, Other and EliminationsRestructuring costs(86)(169)(48)Gain on sale of Santa Clara, California site— 189 — Pension settlement losses— (145)— Acquisition-related integration costs(83)— — Gain on sale of Shanghai, China facility— — 27 Gains on sale of certain precious metals19 2 18 Strategic review-related charges(46)— — Intangible assets impairment charge— — (96)Acquisition-related transaction costs(49)— (7)Loss on sale of business(91)— — Recognition of acquisition inventory fair value step-up(18)— — Impairment due to strategic review(483)— Paroc marine recall(58)(15)— Loss on sale of Chambery, France DUCS business— — (30)Loss on sale of Russian operations— — (33)Gain on remeasurement of Fiberteq equity investment— — 130 Impairment of venture investments(15)— — General corporate expense and other(256)(230)(179)Total Corporate, other and eliminations(1,166)(368)(218)CONSOLIDATED EBIT1,128 1,667 1,723 Interest expense, net212 76 109 EARNINGS BEFORE TAXES$916 $1,591 $1,614 

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Table of ContentsOWENS CORNING AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)2.    SEGMENT INFORMATION (continued)

TOTAL ASSETS AND PROPERTY, PLANT AND EQUIPMENTThe following table summarizes total assets by segment:December 31,(In millions)20242023Net assets allocated to reportable segmentsRoofing$2,026 $1,863 Insulation3,912 3,934 Doors4,454 — Composites2,523 3,153 Total net assets allocated to reportable segments12,915 8,950 Net assets not allocated to reportable segmentsCash and cash equivalents361 1,615 Noncurrent deferred income taxes54 24 Investments in affiliates86 29 Corporate property, plant and equipment, other assets and eliminations659 619 CONSOLIDATED TOTAL ASSETS$14,075 $11