Company: OC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001370946-25-000241
Chunk: 127

Company: Owens Corning
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 127
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 assets allocated to reportable segments11,572 11,792 Assets not allocated to reportable segmentsCash and cash equivalents286 321 Non-current deferred income taxes8 8 Investments in affiliates61 86 Corporate property, plant and equipment, other assets and eliminations923 862 TOTAL ASSETS FROM CONTINUING OPERATIONS$12,850 $13,069 The following table summarizes total property, plant and equipment, net by geographic region:(In millions)September 30, 2025December 31, 2024North America$3,286 $3,182 Europe604 524 Asia Pacific64 67 Rest of world40 45 PROPERTY, PLANT AND EQUIPMENT, NET FROM CONTINUING OPERATIONS$3,994 $3,818 ADDITIONS TO PROPERTY, PLANT AND EQUIPMENTThe following table summarizes cash paid for property, plant and equipment by segment: Three Months Ended September 30,Nine Months EndedSeptember 30,(In millions)2025202420252024Reportable SegmentsRoofing$46 $37 $174 $142 Insulation65 56226 172 Doors18 2559 40 Total reportable segments$129 $118 $459 $354 General corporate additions16 1244 41 ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT FROM CONTINUING OPERATIONS$145 $130 $503 $395 

4.    INVENTORIES

Inventories consist of the following:(In millions)September 30, 2025December 31, 2024Finished goods$755 $664 Materials and supplies668 663 Total inventories$1,423 $1,327 

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

5.    DERIVATIVE FINANCIAL INSTRUMENTS 

The Company is exposed to, among other risks, the impact of changes in commodity prices, foreign currency exchange rates, and interest rates in the normal course of business. The Company’s risk management program is designed to manage the exposure and volatility arising from these risks and utilizes derivative financial instruments to offset a portion of these risks. The Company uses derivative financial instruments only to the extent necessary to hedge identified business risks, and does not enter into such transactions for trading