Company: OC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001370946-25-000241
Chunk: 38

Company: Owens Corning
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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%$399 98 %5.500% senior notes, net of discount and financing fees, due 2027498 102 %497 102 %5.375% senior notes, net of discount and financing fees, due 2028— — %29 99 %3.950% senior notes, net of discount and financing fees, due 2029448 99 %447 95 %3.500% senior notes, net of discount and financing fees, due 20302 90 %2 89 %3.500% senior notes, net of discount and financing fees, due 2030342 97 %338 93 %3.875% senior notes, net of discount and financing fees, due 2030298 98 %298 94 %5.700% senior notes, net of discount and financing fees, due 2034791 105 %790 102 %7.000% senior notes, net of discount and financing fees, due 2036369 115 %369 112 %4.300% senior notes, net of discount and financing fees, due 2047590 83 %589 80 %4.400% senior notes, net of discount and financing fees, due 2048391 83 %391 80 %5.950% senior notes, net of discount and financing fees, due 2054683 103 %683 99 %Various finance leases, due through 2050 (a)303 100 %267 100 %Total long-term debt5,114 N/A5,099 N/ALess – current portion of senior notes399 99 %— — %Less – current portion of finance leases and other (a)37 100 %32 100 %Long-term debt, net of current portion$4,678 N/A$5,067 N/A(a)The Company determined that the book value of the above noted long-term debt instruments approximates fair value.The fair values of the Company’s outstanding long-term debt instruments were estimated using market observable inputs, including quoted prices in active markets, market indices and interest rate measurements. Within the hierarchy of fair value measurements, these are Level 2 fair values.Senior NotesThe Company issued $500 million of 2027 senior notes with an annual interest rate of 5.500%, $