Company: OC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001370946-25-000205
Chunk: 35

Company: Owens Corning
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 STATEMENTS (continued)(unaudited)

June 30, 2024(In millions)Acquisition-related RestructuringGlobal Composites RestructuringProtective Packaging ExitWabash Facility ClosureEuropean Operating Structure OptimizationBalance at December 31, 2023$— $12 $1 $3 $6 Restructuring costs41 13 4 — 3 Payments(17)(3)(3)(3)(3)Accelerated depreciation and other non-cash items(21)(7)(2)— — Balance at June 30, 2024$3 $15 $— $— $6 Cumulative charges incurred$41 $29 $82 $33 $15 

12.    DEBT 

Details of the Company’s outstanding long-term debt, as well as the fair values, are as follows:June 30, 2025December 31, 2024(In millions)Carrying ValueFair ValueCarrying ValueFair Value3.400% senior notes, net of discount and financing fees, due 2026$399 99 %$399 98 %5.500% senior notes, net of discount and financing fees, due 2027497 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 98 %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 2030341 96 %338 93 %3.875% senior notes, net of discount and financing fees, due 2030298 97 %298 94 %5.700% senior notes, net of discount and financing fees, due 2034790 104 %790 102 %7.000% senior notes, net of discount and financing fees, due 2036369 113 %369 112 %4.300% senior notes, net of discount and financing fees, due 2047590 81 %589 80 %4.400% senior notes, net of discount and financing fees, due 2048391