Company: OC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001370946-25-000205
Chunk: 17

Company: Owens Corning
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 certain precious metals12 — 21 — Paroc marine recall(1)(6)(2)(7)Strategic review-related charges— (15)— (17)Acquisition-related transaction costs— (29)— (47)Loss on Assets Held for Sale(24)— (26)— Acquisition-related integration costs excluding amortization (4)(21)(6)(21)Recognition of acquisition inventory fair value step-up— (12)— (12)General corporate expense and other(54)(66)(114)(112)Total corporate, other and eliminations(80)(183)(139)(260)Depreciation and amortization(172)(142)(331)(250)Interest expense, net(63)(63)(127)(79)EARNINGS FROM CONTINUING OPERATIONS BEFORE TAXES$442 $356 $785 $716 TOTAL ASSETS AND PROPERTY, PLANT AND EQUIPMENTThe following table summarizes total assets by segment:(In millions)June 30, 2025December 31, 2024Assets allocated to reportable segmentsRoofing$3,643 $3,107 Insulation4,514 4,231 Doors4,433 4,454 Total assets allocated to reportable segments12,590 11,792 Assets not allocated to reportable segmentsCash and cash equivalents230 321 Non-current deferred income taxes8 8 Investments in affiliates60 86 Corporate property, plant and equipment, other assets and eliminations921 862 TOTAL ASSETS FROM CONTINUING OPERATIONS$13,809 $13,069 

15

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

The following table summarizes total property, plant and equipment, net by geographic region:(In millions)June 30, 2025December 31, 2024North America$3,247 $3,182 Europe599 524 Asia Pacific64 67 Rest of world42 45 PROPERTY, PLANT AND EQUIPMENT, NET FROM CONTINUING OPERATIONS$3,952 $3,818 ADDITIONS TO PROPERTY, PLANT AND EQUIPMENTThe following table summarizes cash paid for property, plant and equipment by segment: Three Months Ended June 30,Six Months EndedJune 30,(In millions)2025202420252024