Company: OC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001370946-25-000241
Chunk: 88

Company: Owens Corning
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 2
Chunk 88
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 in the near-term, with discretionary residential repair and remodeling activity in North America remaining soft. Due to a weaker macroeconomic outlook, the Company expects these markets to remain challenged. The Company will concentrate on managing costs, capital expenditures and working capital.

Corporate, Other and Eliminations

The table below provides a summary of EBITDA for the Corporate, Other and Eliminations category:

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In millions)2025202420252024Restructuring excluding depreciation$(7)$— $(19)$(44)Loss on sale of business(2)— (28)— Impairment of venture investment— (13)— (13)Gains on sale of certain precious metals14 19 35 19 Strategic review-related charges— (16)— (33)Paroc marine recall— (1)(2)(8)Acquisition-related transaction costs— (2)— (49)Acquisition-related integration costs excluding amortization(9)(53)(15)(74)Recognition of acquisition inventory fair value step-up— (6)— (18)Goodwill impairment charge(780)— (780)— General Corporate expense and other(53)(51)(167)(163)EBITDA$(837)$(123)$(976)$(383)

EBITDA

In Corporate, Other and Eliminations, EBITDA expenses for the third quarter and year-to-date 2025 were higher by $714 million and $593 million, respectively, compared to the same period in 2024. For the third quarter and year-to-date, the increase was primarily driven by the goodwill impairment charge related to the Doors segment. 

General corporate expense and other for the third quarter of 2025 were higher by $2 million compared to the same period in 2024. For year-to-date, general corporate expense and other were higher by $4 million compared to the same period in 2024.

OUTLOOK

In 2025, we estimate general corporate expenses to be approximately $240 million.

46

Table of ContentsITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (continued)

LIQUIDITY, CAPITAL RESOURCES AND OTHER RELATED MATTERS

Liquidity

The Company’s primary sources of liquidity are its balance of Cash and cash equivalents from continuing operations of $286 million as of September 30, 2025, its commercial paper program