$OC
Owens Corning Stock $oc

$oc Overview Financials Valuation SEC Filings Company Website

2009 Q4 Form 10-K Financial Statement

#000119312511037296 Filed on February 16, 2011

Income Statement

Concept	2009 Q4	2008	2007 Q4
Revenue	$1.162B	$5.847B	$1.304B
YoY Change	-9.99%	17.46%	4.32%
Cost Of Revenue	$1.001B	$4.925B	$1.165B
YoY Change	-8.25%	17.23%	11.27%
Gross Profit	$161.0M	$922.0M	$139.0M
YoY Change	-19.5%	18.66%	-31.53%
Gross Profit Margin	13.86%	15.77%	10.66%
Selling, General & Admin	$147.0M	$643.0M	$142.0M
YoY Change	-10.91%	20.19%	15.45%
% of Gross Profit	91.3%	69.74%	102.16%
Research & Development	$16.00M	$69.00M	$17.00M
YoY Change	-5.88%	9.52%	-52.78%
% of Gross Profit	9.94%	7.48%	12.23%
Depreciation & Amortization	$87.00M	$331.0M	$104.0M
YoY Change	-4.4%	-3.5%	10.64%
% of Gross Profit	54.04%	35.9%	74.82%
Operating Expenses	$160.0M	$688.0M	$159.0M
YoY Change	-0.62%	15.05%	0.0%
Operating Profit	$1.000M	$234.0M	-$20.00M
YoY Change	-97.44%	30.73%	-145.45%
Interest Expense	-$30.00M	$116.0M	-$32.00M
YoY Change	15.38%	-195.08%	-33.33%
% of Operating Profit	-3000.0%	49.57%
Other Income/Expense, Net
YoY Change
Pretax Income	-$28.00M	$118.0M	-$78.00M
YoY Change		413.04%	-100.89%
Income Tax	-$9.000M	$931.0M	-$38.00M
% Of Pretax Income		788.98%
Net Earnings	-$21.00M	-$813.0M	-$46.00M
YoY Change	-38.24%	-946.88%	-100.6%
Net Earnings / Revenue	-1.81%	-13.9%	-3.53%
Basic Earnings Per Share		-$6.38
Diluted Earnings Per Share	-$167.1K	-$6.38	-$359.1K
COMMON SHARES
Basic Shares Outstanding		127.4M shares
Diluted Shares Outstanding		127.4M shares

Balance Sheet

Concept	2009 Q4	2008	2007 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$564.0M	$236.0M	$135.0M
YoY Change	138.98%	74.81%	-87.6%
Cash & Equivalents	$564.0M	$236.0M	$135.0M
Short-Term Investments
Other Short-Term Assets	$123.0M	$146.0M	$175.0M
YoY Change	-15.75%	-16.57%	24.11%
Inventory	$615.0M	$899.0M	$821.0M
Prepaid Expenses
Receivables	$552.0M	$576.0M	$721.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.854B	$1.857B	$1.852B
YoY Change	-0.16%	0.27%	-27.43%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.806B	$2.819B	$2.772B
YoY Change	-0.46%	1.7%	9.96%
Goodwill
YoY Change
Intangibles	$1.169B
YoY Change
Long-Term Investments
YoY Change
Other Assets	$183.0M	$232.0M	$864.0M
YoY Change	-21.12%	-73.15%	25.4%
Total Long-Term Assets	$5.313B	$5.365B	$6.020B
YoY Change	-0.97%	-10.88%	1.72%
TOTAL ASSETS
Total Short-Term Assets	$1.854B	$1.857B	$1.852B
Total Long-Term Assets	$5.313B	$5.365B	$6.020B
Total Assets	$7.167B	$7.222B	$7.872B
YoY Change	-0.76%	-8.26%	-7.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$915.0M	$584.0M	$1.137B
YoY Change	-17.72%	2.64%	5.18%
Accrued Expenses	$8.000M	$524.0M	$12.00M
YoY Change	-11.11%	-7.26%	-69.23%
Deferred Revenue
YoY Change
Short-Term Debt	$11.00M	$30.00M	$47.00M
YoY Change	-63.33%	-36.17%	-96.65%
Long-Term Debt Due	$9.000M	$16.00M	$10.00M
YoY Change	-43.75%	60.0%	-74.36%
Total Short-Term Liabilities	$943.0M	$1.175B	$1.246B
YoY Change	-19.74%	-5.7%	-51.33%
LONG-TERM LIABILITIES
Long-Term Debt	$2.177B	$2.172B	$1.993B
YoY Change	0.23%	8.98%	53.78%
Other Long-Term Liabilities	$143.0M	$695.0M	$608.0M
YoY Change	-79.42%	14.31%	-31.22%
Total Long-Term Liabilities	$143.0M	$2.867B	$2.601B
YoY Change	-95.01%	10.23%	19.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$943.0M	$1.175B	$1.246B
Total Long-Term Liabilities	$143.0M	$2.867B	$2.601B
Total Liabilities	$1.086B	$4.484B	$3.884B
YoY Change	-75.78%	15.45%	-18.81%
SHAREHOLDERS EQUITY
Retained Earnings	-$739.0M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$104.0M
YoY Change
Treasury Stock Shares	4.800M shares
Shareholders Equity	$2.820B	$2.738B	$3.988B
YoY Change
Total Liabilities & Shareholders Equity	$7.167B	$7.222B	$7.872B
YoY Change	-0.76%	-8.26%	-7.06%

Cashflow Statement

Concept	2009 Q4	2008	2007 Q4
OPERATING ACTIVITIES
Net Income	-$21.00M	-$813.0M	-$46.00M
YoY Change	-38.24%	-946.88%	-100.6%
Depreciation, Depletion And Amortization	$87.00M	$331.0M	$104.0M
YoY Change	-4.4%	-3.5%	10.64%
Cash From Operating Activities	$272.0M	$193.0M	$221.0M
YoY Change	29.52%	6.04%	-110.37%
INVESTING ACTIVITIES
Capital Expenditures	-$92.00M	-$434.0M	-$80.00M
YoY Change	-34.29%	75.71%	-12.09%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$272.0M	-$589.0M
YoY Change	-100.0%	-248.63%	-3564.71%
Cash From Investing Activities	-$92.00M	-$162.0M	-$669.0M
YoY Change	-32.85%	-62.33%	804.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$100.0M
YoY Change
Debt Paid & Issued, Net		$9.000M
YoY Change
Cash From Financing Activities	-5.000M	$67.00M	117.0M
YoY Change	-105.56%	-109.17%	-93.6%
NET CHANGE
Cash From Operating Activities	272.0M	$193.0M	221.0M
Cash From Investing Activities	-92.00M	-$162.0M	-669.0M
Cash From Financing Activities	-5.000M	$67.00M	117.0M
Net Change In Cash	175.0M	$98.00M	-331.0M
YoY Change	7.36%	-110.01%	-12.2%
FREE CASH FLOW
Cash From Operating Activities	$272.0M	$193.0M	$221.0M
Capital Expenditures	-$92.00M	-$434.0M	-$80.00M
Free Cash Flow	$364.0M	$627.0M	$301.0M
YoY Change	4.0%	46.15%	-114.75%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2010	dei	Entity Central Index Key EntityCentralIndexKey	0001370946
CY2010	dei	Document Type DocumentType	10-K
CY2010	dei	Document Period End Date DocumentPeriodEndDate	2010-12-31
CY2010	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2010
CY2010	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2010	dei	Amendment Flag AmendmentFlag	false
CY2010	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2010	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2010	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2010	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2010	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
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CY2009Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2010Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2009Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2010Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2009Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2010Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2009Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2010Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2009Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2010Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2009Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	52000000	USD
CY2009Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	564000000	USD
CY2010	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	-36000000	USD
CY2010	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	2000000	USD
CY2010	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	932000000	USD
CY2010	us-gaap	Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests	0	USD
CY2010	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23000000	USD
CY2010Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3686000000	USD
CY2008	us-gaap	Treasury Stock Value Acquired Par Value Method TreasuryStockValueAcquiredParValueMethod	-100000000	USD
CY2009	us-gaap	Treasury Stock Value Acquired Par Value Method TreasuryStockValueAcquiredParValueMethod	-3000000	USD
CY2010Q4	us-gaap	Common Stock Value CommonStockValue	3100000	USD
CY2010	us-gaap	Treasury Stock Value Acquired Par Value Method TreasuryStockValueAcquiredParValueMethod	-125000000	USD
CY2009	oc	Transfer Of Subsidiary Shares To Mandatorily Redeemable Noncontrolling Interest TransferOfSubsidiarySharesToMandatorilyRedeemableNoncontrollingInterest	-30000000	USD
CY2010	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	320000000	USD
CY2009	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	325000000	USD
CY2008	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	331000000	USD
CY2010	oc	Gain On Sale Of Business And Fixed Assets GainOnSaleOfBusinessAndFixedAssets	2000000	USD
CY2009	oc	Gain On Sale Of Business And Fixed Assets GainOnSaleOfBusinessAndFixedAssets	-9000000	USD
CY2008	oc	Gain On Sale Of Business And Fixed Assets GainOnSaleOfBusinessAndFixedAssets	-51000000	USD
CY2010	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	117000000	USD
CY2009	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	3000000	USD
CY2008	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	12000000	USD
CY2010	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	609000000	USD
CY2009	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	15000000	USD
CY2008	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	9000000	USD
CY2010	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-10000000	USD
CY2009	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-20000000	USD
CY2010	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	488000000	USD
CY2009	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	541000000	USD
CY2008	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	193000000	USD
CY2010	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	314000000	USD
CY2009	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	243000000	USD
CY2008	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	434000000	USD
CY2010	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-249000000	USD
CY2009	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-204000000	USD
CY2008	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-16000000	USD
CY2010	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	120000000	USD
CY2009	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3000000	USD
CY2008	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	100000000	USD
CY2008	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	11000000	USD
CY2010	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-867000000	USD
CY2009	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	17000000	USD
CY2008	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	893000000	USD
CY2010	oc	Provision For Pension And Other Employee Benefits Liabilities ProvisionForPensionAndOtherEmployeeBenefitsLiabilities	26000000	USD
CY2009	oc	Provision For Pension And Other Employee Benefits Liabilities ProvisionForPensionAndOtherEmployeeBenefitsLiabilities	40000000	USD
CY2008	oc	Provision For Pension And Other Employee Benefits Liabilities ProvisionForPensionAndOtherEmployeeBenefitsLiabilities	30000000	USD
CY2010	us-gaap	Share Based Compensation ShareBasedCompensation	23000000	USD
CY2009	us-gaap	Share Based Compensation ShareBasedCompensation	52000000	USD
CY2008	us-gaap	Share Based Compensation ShareBasedCompensation	43000000	USD
CY2010	us-gaap	Other Noncash Income OtherNoncashIncome	-19000000	USD
CY2009	us-gaap	Other Noncash Income OtherNoncashIncome	-15000000	USD
CY2008	us-gaap	Other Noncash Income OtherNoncashIncome	-17000000	USD
CY2010	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	0	USD
CY2009	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	7000000	USD
CY2008	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	2000000	USD
CY2010	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	-32000000	USD
CY2009	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	-43000000	USD
CY2008	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	-73000000	USD
CY2010	us-gaap	Increase Decrease In Postretirement Obligations IncreaseDecreaseInPostretirementObligations	-26000000	USD
CY2009	us-gaap	Increase Decrease In Postretirement Obligations IncreaseDecreaseInPostretirementObligations	-25000000	USD
CY2008	us-gaap	Increase Decrease In Postretirement Obligations IncreaseDecreaseInPostretirementObligations	-24000000	USD
CY2010	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-11000000	USD
CY2009	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-12000000	USD
CY2008	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	23000000	USD
CY2008	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-162000000	USD
CY2010	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	631000000	USD
CY2009	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	260000000	USD
CY2008	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	1135000000	USD
CY2010	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	619000000	USD
CY2009	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	586000000	USD
CY2008	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	955000000	USD
CY2010	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	5000000	USD
CY2009	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	350000000	USD
CY2010	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-512000000	USD
CY2009	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	8000000	USD
CY2008	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	3000000	USD
CY2010	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-750000000	USD
CY2009	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-17000000	USD
CY2008	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	67000000	USD
CY2010	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1000000	USD
CY2009	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	328000000	USD
CY2008	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	101000000	USD
CY2007Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	135000000	USD
CY2008Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	236000000	USD
CY2010	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	2000000	USD
CY2009	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	-3000000	USD
CY2008	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	0	USD
CY2010	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	30000000	USD
CY2009	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
CY2008	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
CY2010	us-gaap	Income Taxes Paid IncomeTaxesPaid	16000000	USD
CY2009	us-gaap	Income Taxes Paid IncomeTaxesPaid	18000000	USD
CY2008	us-gaap	Income Taxes Paid IncomeTaxesPaid	33000000	USD
CY2010	us-gaap	Interest Paid InterestPaid	115000000	USD
CY2009	us-gaap	Interest Paid InterestPaid	120000000	USD
CY2008	us-gaap	Interest Paid InterestPaid	120000000	USD
CY2010	oc	Proceeds From Sale Of Assets Or Affiliates ProceedsFromSaleOfAssetsOrAffiliates	65000000	USD
CY2009	oc	Proceeds From Sale Of Assets Or Affiliates ProceedsFromSaleOfAssetsOrAffiliates	39000000	USD
CY2008	oc	Proceeds From Sale Of Assets Or Affiliates ProceedsFromSaleOfAssetsOrAffiliates	272000000	USD
CY2010	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	15000000	USD
CY2009	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	134000000	USD
CY2008	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-164000000	USD
CY2010Q4	oc	Accounting Pronouncements AccountingPronouncements	<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">25.</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"> </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">ACCOUNTING</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"> PRONOUNCEMENTS</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">There were no accounting standards issued during the year that the Company believes would have a material impact on the financial statements.</font></p>

Files In Submission

Name	View Source	Status
0001193125-11-037296-index-headers.html	Edgar Link	pending
0001193125-11-037296-index.html	Edgar Link	pending
0001193125-11-037296.txt	Edgar Link	pending
0001193125-11-037296-xbrl.zip	Edgar Link	pending
d10k.htm	Edgar Link	pending
defnref.xml	Edgar Link	unprocessable
dex141.htm	Edgar Link	pending
dex211.htm	Edgar Link	pending
dex231.htm	Edgar Link	pending
dex311.htm	Edgar Link	pending
dex312.htm	Edgar Link	pending
dex321.htm	Edgar Link	pending
dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
g144361g23i12.jpg	Edgar Link	pending
oc-20101231.xml	Edgar Link	completed
oc-20101231.xsd	Edgar Link	pending
oc-20101231_cal.xml	Edgar Link	unprocessable
oc-20101231_def.xml	Edgar Link	unprocessable
oc-20101231_lab.xml	Edgar Link	unprocessable
oc-20101231_pre.xml	Edgar Link	unprocessable
R1.xml	Edgar Link	unprocessable
R10.xml	Edgar Link	unprocessable
R11.xml	Edgar Link	unprocessable
R12.xml	Edgar Link	unprocessable
R13.xml	Edgar Link	unprocessable
R14.xml	Edgar Link	unprocessable
R15.xml	Edgar Link	unprocessable
R16.xml	Edgar Link	unprocessable
R17.xml	Edgar Link	unprocessable
R18.xml	Edgar Link	unprocessable
R19.xml	Edgar Link	unprocessable
R2.xml	Edgar Link	unprocessable
R20.xml	Edgar Link	unprocessable
R21.xml	Edgar Link	unprocessable
R22.xml	Edgar Link	unprocessable
R23.xml	Edgar Link	unprocessable
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R25.xml	Edgar Link	unprocessable
R26.xml	Edgar Link	unprocessable
R27.xml	Edgar Link	unprocessable
R28.xml	Edgar Link	unprocessable
R29.xml	Edgar Link	unprocessable
R3.xml	Edgar Link	unprocessable
R30.xml	Edgar Link	unprocessable
R31.xml	Edgar Link	unprocessable
R32.xml	Edgar Link	unprocessable
R33.xml	Edgar Link	unprocessable
R4.xml	Edgar Link	unprocessable
R5.xml	Edgar Link	unprocessable
R6.xml	Edgar Link	unprocessable
R7.xml	Edgar Link	unprocessable
R8.xml	Edgar Link	unprocessable
R9.xml	Edgar Link	unprocessable

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$OC
Owens Corning Stock $oc

2009 Q4 Form 10-K Financial Statement

#000119312511037296 Filed on February 16, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OC Owens Corning Stock $oc

2009 Q4 Form 10-K Financial Statement

#000119312511037296 Filed on February 16, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OC
Owens Corning Stock $oc