Company: OC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001370946-25-000205
Chunk: 51

Company: Owens Corning
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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)Gain (loss) on foreign currency translation179 (62)254 (103)Other comprehensive income (loss), net of tax179 (62)254 (103)Ending balance$(280)$(421)$(280)$(421)Pension and Other Postretirement AdjustmentBeginning balance$(184)$(196)$(181)$(196)Amounts reclassified from AOCI to net earnings, net of tax (a)(1)(2)(1)(1)Amounts classified into AOCI, net of tax(4)1 (7)— Other comprehensive loss, net of tax(5)(1)(8)(1)Ending balance$(189)$(197)$(189)$(197)Hedging AdjustmentBeginning balance$25 $16 $24 $11 Amounts reclassified from AOCI to net earnings, net of tax (b)— 3 (2)10 Amounts classified into AOCI, net of tax(6)2 (3)— Other comprehensive (loss) income, net of tax(6)5 (5)10 Ending balance$19 $21 $19 $21 Total AOCI ending balance$(450)$(597)$(450)$(597)(a)These AOCI components are included in the computation of total Pension and Other postretirement expense and are recorded in Non-operating income.(b)Amounts reclassified from (loss) gain on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings and is recognized in Cost of sales or Interest expense, net depending on the hedged item. See Note 5 for additional information.

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

This Management’s Discussion and Analysis (“MD&A”) is intended to help investors understand Owens Corning, our operations and our present business environment. MD&A is provided as a supplement to, and should be read in conjunction with, our Consolidated Financial Statements and the accompanying Notes thereto contained in this report. Unless the context requires otherwise, the terms “Owens Corning,” “Company,” “we” and “our” in this report refer to Owens Corning and its subsidiaries.

GENERAL

Owens Corning is a building products leader committed to building a sustainable future through material innovation. As described below, the Company now has three reporting segments: Roofing,