Company: OC
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001628280-25-022858
Chunk: 110

Company: Owens Corning
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 110
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, net(64)(16)EARNINGS FROM CONTINUING OPERATIONS BEFORE TAXES$343 $360 

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Table of ContentsOWENS CORNING AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)(unaudited)

TOTAL ASSETS AND PROPERTY, PLANT AND EQUIPMENTThe following table summarizes total assets by segment:(In millions)March 31, 2025December 31, 2024Assets allocated to reportable segmentsRoofing$3,464 $3,107 Insulation4,378 4,231 Doors4,455 4,454 Total assets allocated to reportable segments12,297 11,792 Assets not allocated to reportable segmentsCash and cash equivalents400 321 Non-current deferred income taxes11 8 Investments in affiliates59 86 Corporate property, plant and equipment, other assets and eliminations868 862 TOTAL ASSETS FROM CONTINUING OPERATIONS$13,635 $13,069 The following table summarizes total property, plant and equipment, net by geographic region:(In millions)March 31, 2025December 31, 2024North America$3,198 $3,182 Europe550 524 Asia Pacific68 67 Rest of world43 45 PROPERTY, PLANT AND EQUIPMENT, NET FROM CONTINUING OPERATIONS$3,859 $3,818 ADDITIONS TO PROPERTY, PLANT AND EQUIPMENTThe following table summarizes cash paid for property, plant and equipment by segment: Three Months Ended March 31,(In millions)20252024Reportable SegmentsRoofing$62 $54 Insulation81 61 Doors18 — Total reportable segments$161 $115 General corporate additions21 18 ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT FROM CONTINUING OPERATIONS$182 $133 

4.    INVENTORIES 

Inventories consist of the following:(In millions)March 31, 2025December 31, 2024Finished goods$705 $664 Materials and supplies702 663 Total inventories$1,407 $1,327 

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Table of ContentsOWENS CORNING AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)(unaudited)

5.    DERIV