$OC
Owens Corning Stock $oc

$oc Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-Q Financial Statement

#000137094616000317 Filed on October 26, 2016

Income Statement

Concept	2016 Q4	2016 Q3	2015 Q4
Revenue	$1.383B	$1.518B	$1.297B
YoY Change	6.63%	4.91%	3.18%
Cost Of Revenue	$1.045B	$1.144B	$1.001B
YoY Change	4.4%	3.34%	-1.28%
Gross Profit	$319.0M	$374.0M	$296.0M
YoY Change	7.77%	10.0%	21.81%
Gross Profit Margin	23.07%	24.64%	22.82%
Selling, General & Admin	$157.0M	$141.0M	$136.0M
YoY Change	15.44%	8.46%	18.26%
% of Gross Profit	49.22%	37.7%	45.95%
Research & Development	$22.00M	$20.00M	$20.00M
YoY Change	10.0%	11.11%	5.26%
% of Gross Profit	6.9%	5.35%	6.76%
Depreciation & Amortization	$101.0M	$84.00M	$76.00M
YoY Change	32.89%	15.07%	1.33%
% of Gross Profit	31.66%	22.46%	25.68%
Operating Expenses	$184.0M	$167.0M	$160.0M
YoY Change	15.0%	15.97%	25.98%
Operating Profit	$135.0M	$207.0M	$136.0M
YoY Change	-0.74%	5.61%	17.24%
Interest Expense	-$25.00M	$28.00M	$20.00M
YoY Change	-225.0%	0.0%	-28.57%
% of Operating Profit	-18.52%	13.53%	14.71%
Other Income/Expense, Net
YoY Change
Pretax Income	$108.0M	$178.0M	$118.0M
YoY Change	-8.47%	5.95%	293.33%
Income Tax	$16.00M	$65.00M	$8.000M
% Of Pretax Income	14.81%	36.52%	6.78%
Net Earnings	$86.00M	$112.0M	$109.0M
YoY Change	-21.1%	0.0%	230.3%
Net Earnings / Revenue	6.22%	7.38%	8.4%
Basic Earnings Per Share	$0.77	$0.98	$0.94
Diluted Earnings Per Share	$0.76	$0.97	$0.92
COMMON SHARES
Basic Shares Outstanding	113.3M shares	114.1M shares	116.6M shares
Diluted Shares Outstanding		115.4M shares

Balance Sheet

Concept	2016 Q4	2016 Q3	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$112.0M	$110.0M	$96.00M
YoY Change	16.67%	77.42%	43.28%
Cash & Equivalents	$112.0M	$110.0M	$96.00M
Short-Term Investments
Other Short-Term Assets	$74.00M	$54.00M	$47.00M
YoY Change	57.45%	-77.22%	-79.83%
Inventory	$710.0M	$729.0M	$644.0M
Prepaid Expenses
Receivables	$678.0M	$796.0M	$709.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.586B	$1.702B	$1.508B
YoY Change	5.17%	-9.23%	-16.55%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.112B	$3.090B	$2.956B
YoY Change	5.28%	7.11%	1.97%
Goodwill	$1.336B	$1.338B	$1.167B
YoY Change	14.48%	14.65%	-0.09%
Intangibles	$1.138B	$1.146B	$999.0M
YoY Change	13.91%	14.14%	-1.77%
Long-Term Investments	$0.00	$0.00	$0.00
YoY Change
Other Assets	$194.0M	$231.0M	$204.0M
YoY Change	-4.9%	1.32%	-1.45%
Total Long-Term Assets	$6.155B	$6.174B	$5.818B
YoY Change	5.79%	9.55%	1.45%
TOTAL ASSETS
Total Short-Term Assets	$1.586B	$1.702B	$1.508B
Total Long-Term Assets	$6.155B	$6.174B	$5.818B
Total Assets	$7.741B	$7.876B	$7.326B
YoY Change	5.66%	4.86%	-2.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$615.0M	$998.0M	$535.0M
YoY Change	14.95%	4.18%	-1.29%
Accrued Expenses	$298.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$1.000M	$1.000M	$6.000M
YoY Change	-83.33%	-94.44%	-80.65%
Long-Term Debt Due	$3.000M	$3.000M	$163.0M
YoY Change	-98.16%	0.0%	5333.33%
Total Short-Term Liabilities	$963.0M	$1.003B	$1.063B
YoY Change	-9.41%	1.93%	8.14%
LONG-TERM LIABILITIES
Long-Term Debt	$2.099B	$2.160B	$1.702B
YoY Change	23.33%	9.15%	-13.95%
Other Long-Term Liabilities	$164.0M	$182.0M	$137.0M
YoY Change	19.71%	31.88%	5.38%
Total Long-Term Liabilities	$2.263B	$2.342B	$1.839B
YoY Change	23.06%	10.63%	-12.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$963.0M	$1.003B	$1.063B
Total Long-Term Liabilities	$2.263B	$2.342B	$1.839B
Total Liabilities	$3.226B	$3.345B	$2.902B
YoY Change	11.16%	7.87%	-6.11%
SHAREHOLDERS EQUITY
Retained Earnings	$1.377B	$1.299B	$1.055B
YoY Change	30.52%	34.47%	31.06%
Common Stock	$1.000M	$1.000M	$1.000M
YoY Change	0.0%	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$803.0M	$748.0M	$612.0M
YoY Change	31.21%	30.31%	18.15%
Treasury Stock Shares	22.80M shares	21.90M shares	19.60M shares
Shareholders Equity	$3.849B	$3.893B	$3.739B
YoY Change
Total Liabilities & Shareholders Equity	$7.741B	$7.876B	$7.326B
YoY Change	5.66%	4.86%	-2.86%

Cashflow Statement

Concept	2016 Q4	2016 Q3	2015 Q4
OPERATING ACTIVITIES
Net Income	$86.00M	$112.0M	$109.0M
YoY Change	-21.1%	0.0%	230.3%
Depreciation, Depletion And Amortization	$101.0M	$84.00M	$76.00M
YoY Change	32.89%	15.07%	1.33%
Cash From Operating Activities	$264.0M	$353.0M	$332.0M
YoY Change	-20.48%	16.12%	-14.87%
INVESTING ACTIVITIES
Capital Expenditures	-$92.00M	-$94.00M	-$127.0M
YoY Change	-27.56%	4.44%	-21.12%
Acquisitions
YoY Change
Other Investing Activities	$6.000M	$0.00	$21.00M
YoY Change	-71.43%	-100.0%	-19.23%
Cash From Investing Activities	-$86.00M	-$94.00M	-$106.0M
YoY Change	-18.87%	6.82%	-21.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-151.0M	-216.0M	-186.0M
YoY Change	-18.82%	-6.09%	-21.52%
NET CHANGE
Cash From Operating Activities	264.0M	353.0M	332.0M
Cash From Investing Activities	-86.00M	-94.00M	-106.0M
Cash From Financing Activities	-151.0M	-216.0M	-186.0M
Net Change In Cash	27.00M	43.00M	40.00M
YoY Change	-32.5%	-407.14%	122.22%
FREE CASH FLOW
Cash From Operating Activities	$264.0M	$353.0M	$332.0M
Capital Expenditures	-$92.00M	-$94.00M	-$127.0M
Free Cash Flow	$356.0M	$447.0M	$459.0M
YoY Change	-22.44%	13.45%	-16.7%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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	oc	Restructuring Charges And Related Items RestructuringChargesAndRelatedItems	8000000	USD
	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	7000000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001370946
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	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Owens Corning
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
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CY2016Q3	oc	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	207000000	USD
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CY2015Q4	oc	Precious Metals Depletion Percentage PreciousMetalsDepletionPercentage	0
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CY2016Q3	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	2000000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	224000000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	242000000	USD
CY2015Q4	us-gaap	Derivative Assets DerivativeAssets	14000000	USD
CY2016Q3	us-gaap	Derivative Assets DerivativeAssets	7000000	USD
CY2015Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	6000000	USD
CY2016Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	5000000	USD
CY2015Q4	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	0	USD
CY2016Q3	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	0	USD
CY2015Q4	us-gaap	Due From Affiliate Noncurrent DueFromAffiliateNoncurrent	0	USD
CY2016Q3	us-gaap	Due From Affiliate Noncurrent DueFromAffiliateNoncurrent	0	USD
CY2015Q4	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	0	USD
CY2016Q3	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	0	USD
CY2015Q4	us-gaap	Due To Affiliate Noncurrent DueToAffiliateNoncurrent	0	USD
CY2016Q3	us-gaap	Due To Affiliate Noncurrent DueToAffiliateNoncurrent	0	USD
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.96
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.88
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.98
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CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.95
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.87
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.97
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-5000000	USD
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CY2015Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
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CY2016Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.37
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CY2016Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0
CY2016Q3	us-gaap	Environmental Exit Costs Reasonably Possible Additional Losses Best Estimate EnvironmentalExitCostsReasonablyPossibleAdditionalLossesBestEstimate	2000000	USD
CY2015Q4	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2016Q3	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	195000000	USD
CY2016Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	214000000	USD
CY2016Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	27000000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1194000000	USD
CY2016Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1360000000	USD
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	163000000	USD
CY2015Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	5000000	USD
CY2016Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1000000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1000000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	1167000000	USD
CY2016Q3	us-gaap	Goodwill Goodwill	1338000000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	171000000	USD
CY2015Q3	us-gaap	Gross Profit GrossProfit	340000000	USD
	us-gaap	Gross Profit GrossProfit	857000000	USD
CY2016Q3	us-gaap	Gross Profit GrossProfit	374000000	USD
	us-gaap	Gross Profit GrossProfit	1062000000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	168000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	335000000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	178000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	482000000	USD
CY2015Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2016Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	55000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	112000000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	65000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	172000000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	76000000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-27000000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-18000000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-21000000	USD
	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	-59000000	USD
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	us-gaap	Increase Decrease In Postretirement Obligations IncreaseDecreaseInPostretirementObligations	-14000000	USD
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	400000	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	400000	shares
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	400000	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	300000	shares
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	700000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	500000	shares
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	900000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	800000	shares
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	999000000	USD
CY2016Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1146000000	USD
CY2015Q3	us-gaap	Interest Expense InterestExpense	28000000	USD
	us-gaap	Interest Expense InterestExpense	80000000	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	28000000	USD
	us-gaap	Interest Expense InterestExpense	80000000	USD
CY2015Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	436000000	USD
CY2016Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	495000000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	644000000	USD
CY2016Q3	us-gaap	Inventory Net InventoryNet	729000000	USD
CY2015Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	208000000	USD
CY2016Q3	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	234000000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7344000000	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7876000000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1081000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	221000000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	112000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	307000000	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1000000	USD
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	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	4000000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	0	USD
CY2016Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1003000000	USD
CY2014Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	800000000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	1865000000	USD
CY2016Q3	us-gaap	Long Term Debt LongTermDebt	2163000000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1702000000	USD
CY2016Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	2160000000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	163000000	USD
CY2016Q3	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	3000000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	163000000	USD
CY2016Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	3000000	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1702000000	USD
CY2016Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2160000000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	40000000	USD
CY2016Q3	us-gaap	Minority Interest MinorityInterest	42000000	USD
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	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	679000000	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	112000000	USD
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	144000000	USD
	us-gaap	Operating Expenses OperatingExpenses	447000000	USD
CY2016Q3	us-gaap	Operating Expenses OperatingExpenses	167000000	USD
	us-gaap	Operating Expenses OperatingExpenses	499000000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	47000000	USD
CY2016Q3	us-gaap	Other Assets Current OtherAssetsCurrent	54000000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	222000000	USD
CY2016Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	231000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1000000	USD
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CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	1000000	USD
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CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-38000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-81000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-2000000	USD
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CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-2000000	USD
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CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	2000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	3000000	USD
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CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	-1000000	USD
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CY2015Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-6000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-12000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-4000000	USD
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CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	0	USD
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CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	137000000	USD
CY2016Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	182000000	USD
	us-gaap	Other Noncash Income OtherNoncashIncome	6000000	USD
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CY2015Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	240000000	USD
CY2016Q3	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	237000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	86000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	176000000	USD
CY2016Q3	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	171000000	USD
	us-gaap	Payments For Restructuring PaymentsForRestructuring	7000000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	58000000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	61000000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	450000000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	266000000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	281000000	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
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CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
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CY2016Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Profit Loss ProfitLoss	311000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	300000000	USD
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	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	1079000000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	574000000	USD
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	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	-300000000	USD
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	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-5000000	USD
CY2015Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	43000000	USD
CY2016Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	50000000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	10000000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	17000000	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	113000000	USD
	us-gaap	Profit Loss ProfitLoss	224000000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	113000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4811000000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5068000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2956000000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3090000000	USD
CY2015Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	709000000	USD
CY2016Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	796000000	USD
CY2015Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	0	USD
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	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	8000000	USD
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	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	1082000000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	514000000	USD
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CY2015Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	18000000	USD
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CY2016Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	20000000	USD
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CY2016Q3	us-gaap	Restructuring And Related Cost Cost Incurred To Date1 RestructuringAndRelatedCostCostIncurredToDate1	46000000	USD
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CY2015Q4	us-gaap	Restructuring Reserve RestructuringReserve	7000000	USD
CY2016Q3	us-gaap	Restructuring Reserve RestructuringReserve	4000000	USD
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CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1055000000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1299000000	USD
CY2015Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1447000000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	4053000000	USD
CY2016Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1518000000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P4Y
	us-gaap	Share Based Compensation ShareBasedCompensation	25000000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	4294000000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	660270	shares
	us-gaap	Share Based Compensation ShareBasedCompensation	22000000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	14500	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	244250	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	48.74
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.266
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.008
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate	0.85
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	11350	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1953320	shares
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1281700	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	31.09
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	31.03
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	31.08
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	38.50
	us-gaap	Share Based Goods And Nonemployee Services Transaction Valuation Method Expected Term1 ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1	P2Y10M27D
CY2015Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	6000000	USD
CY2016Q3	us-gaap	Short Term Borrowings ShortTermBorrowings	1000000	USD
CY2015Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0
CY2016Q3	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0
CY2016Q3	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	1200000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3400000	shares
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	3739000000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	3893000000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3779000000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3935000000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	19600000	shares
CY2016Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	21900000	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	612000000	USD
CY2016Q3	us-gaap	Treasury Stock Value TreasuryStockValue	748000000	USD
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	118300000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	118400000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	115400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	116000000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117200000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117500000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	114100000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	114900000	shares

Files In Submission

Name	View Source	Status
0001370946-16-000317-index-headers.html	Edgar Link	pending
0001370946-16-000317-index.html	Edgar Link	pending
0001370946-16-000317.txt	Edgar Link	pending
0001370946-16-000317-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
oc-20160930.xml	Edgar Link	completed
oc-20160930.xsd	Edgar Link	pending
oc-20160930_cal.xml	Edgar Link	unprocessable
oc-20160930_def.xml	Edgar Link	unprocessable
oc-20160930_lab.xml	Edgar Link	unprocessable
oc-20160930_pre.xml	Edgar Link	unprocessable
oc-2016x09x30x10q.htm	Edgar Link	pending
oc-2016x09x30x10qxexh311.htm	Edgar Link	pending
oc-2016x09x30x10qxexh312.htm	Edgar Link	pending
oc-2016x09x30x10qxexh321.htm	Edgar Link	pending
oc-2016x09x30x10qxexh322.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$OC
Owens Corning Stock $oc

2016 Q4 Form 10-Q Financial Statement

#000137094616000317 Filed on October 26, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OC Owens Corning Stock $oc

2016 Q4 Form 10-Q Financial Statement

#000137094616000317 Filed on October 26, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OC
Owens Corning Stock $oc