Company: OC
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001370946-25-000077
Chunk: 249

Company: Owens Corning
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 249
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Redeemable noncontrolling interest adjustment to redemption value(1)(2)(2)Reductions of noncontrolling interest— — 8 Issuance of common stock under share-based payment plans(65)(22)(10)Stock-based compensation expense93 51 51 Fair value of awards included in transaction consideration35 — — End of period4,228 4,166 4,139 Accumulated earnings:Beginning of period4,794 3,794 2,706 Net earnings attributable to Owens Corning647 1,196 1,241 Dividends declared (Dividend declarations of $2.49 per share as of December 31, 2024, $2.16 per share as of December 31, 2023, and $1.57 per share as of December 31, 2022.)(217)(196)(153)End of period5,224 4,794 3,794 Accumulated other comprehensive earnings/deficit (AOCI):Beginning of period(503)(681)(581)Currency translation adjustment(216)62 (101)Pension and other postretirement adjustment (net of tax)15 105 17 Deferred gain (loss) on hedging transactions (net of tax)13 11 (16)End of period(691)(503)(681)Noncontrolling Interest (NCI):Beginning of period19 21 39 Net earnings attributable to non-redeemable noncontrolling interests— 1 2 Return of capital to non-redeemable noncontrolling interests(3)— — Dividends distributed to non-redeemable noncontrolling interests(3)(2)— Currency translation adjustment(5)(1)(3)Purchases (reductions) of noncontrolling interest35 — (17)End of period43 19 21 Total equity, end of period$5,120 $5,185 $4,596 Common shares outstanding:Beginning of period87.2 91.9 100.4 Issuance of common stock under share-based payment plans1.1 1.1 0.7 Purchase of treasury stock(2.9)(5.8)(9.2)End of period85.4 87.2 91.9 Treasury shares outstanding:Beginning of period48.3 43.