Company: OC
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001370946-25-000077
Chunk: 174

Company: Owens Corning
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 174
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 Other non-current assets534 313 TOTAL ASSETS$14,075 $11,237 LIABILITIES AND EQUITYCURRENT LIABILITIESAccounts payable$1,430 $1,216 Current operating lease liabilities87 62 Long-term debt – current portion38 431 Other current liabilities742 615                Total current liabilities2,297 2,324 Long-term debt, net of current portion5,116 2,615 Pension plan liability49 69 Other employee benefits liability102 112 Non-current operating lease liabilities375 165 Deferred income taxes719 427 Other liabilities297 315 Total liabilities8,955 6,027 Redeemable noncontrolling interest— 25 OWENS CORNING STOCKHOLDERS’ EQUITYPreferred stock, par value $0.01 per share (a)— — Common stock, par value $0.01 per share (b)1 1 Additional paid in capital4,228 4,166 Accumulated earnings5,224 4,794 Accumulated other comprehensive deficit(691)(503)Cost of common stock in treasury (c)(3,685)(3,292)Total Owens Corning stockholders’ equity5,077 5,166 Noncontrolling interests43 19 Total equity5,120 5,185 TOTAL LIABILITIES AND EQUITY$14,075 $11,237 

(a)10 shares authorized; none issued or outstanding at December 31, 2024 and December 31, 2023 

(b)400 shares authorized; 135.5 issued and 85.4 outstanding at December 31, 2024; 135.5 issued and 87.2 outstanding at December 31, 2023 

(c)50.1 shares at December 31, 2024 and 48.3 shares at December 31, 2023

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Statements.

51

OWENS CORNING AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(in millions)

December 31,202420232022Total equity, beginning of period$5,185 $4,596 $4,355 Common stock, $0.01 par value per shareBeginning of period1 1 1 End of