Company: OC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001370946-25-000241
Chunk: 5

Company: Owens Corning
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
.0)Purchase of treasury stock1.5 1.2 4.0 2.4 End of period53.3 49.7 53.3 49.7 

(a)Dividend declarations of $0.69 and $0.60 per share as of the three months ended September 30, 2025 and September 30, 2024, respectively. Dividend declarations of $2.07 and $1.80 per share as of the nine months ended September 30, 2025 and September 30, 2024, respectively.

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

6

OWENS CORNING AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

(in millions)

Nine Months EndedSeptember 30,20252024NET CASH FLOW PROVIDED BY OPERATING ACTIVITIESNet earnings$(225)$905 Adjustments to reconcile net (loss) earnings to cash provided from operating activities:Loss on discontinued operations409 — Depreciation and amortization513 483 Loss on sale of business28 — Gains on sale of certain precious metals(35)(19)Deferred income taxes100 (55)Stock-based compensation expense54 74 Goodwill impairment charge780 — Other adjustments to reconcile net earnings to cash from operating activities(24)(8)Changes in operating assets and liabilities(372)(147)Pension fund contribution(5)(4)Payments for other employee benefits liabilities(7)(8)Other(20)(5)Net cash flow provided by operating activities1,196 1,216 NET CASH FLOW USED FOR INVESTING ACTIVITIESCash paid for property, plant, and equipment(567)(450)Proceeds from the sale of assets or affiliates63 114 Investment in subsidiaries and affiliates, net of cash acquired— (2,857)Other(9)— Net cash flow used for investing activities(513)(3,193)NET CASH FLOW (USED FOR) PROVIDED BY FINANCING ACTIVITIESProceeds from long-term debt— 1,968 Payments on long-term debt(29)(473)Net proceeds from commercial paper notes40 — Proceeds from senior revolving credit and receivables securitization facilities329 560 Payments on senior revolving credit and receivables securitization facilities(329)(560