$OC
Owens Corning Stock $oc

$oc Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000137094617000020 Filed on July 26, 2017

Income Statement

Concept	2017 Q2	2016 Q4	2016 Q2
Revenue	$1.597B	$1.383B	$1.545B
YoY Change	3.37%	6.63%	10.12%
Cost Of Revenue	$1.189B	$1.045B	$1.129B
YoY Change	5.31%	4.4%	3.11%
Gross Profit	$408.0M	$319.0M	$416.0M
YoY Change	-1.92%	7.77%	35.06%
Gross Profit Margin	25.55%	23.07%	26.93%
Selling, General & Admin	$155.0M	$157.0M	$149.0M
YoY Change	4.03%	15.44%	14.62%
% of Gross Profit	37.99%	49.22%	35.82%
Research & Development	$21.00M	$22.00M	$21.00M
YoY Change	0.0%	10.0%	16.67%
% of Gross Profit	5.15%	6.9%	5.05%
Depreciation & Amortization	$84.00M	$101.0M	$82.00M
YoY Change	2.44%	32.89%	7.89%
% of Gross Profit	20.59%	31.66%	19.71%
Operating Expenses	$189.0M	$184.0M	$176.0M
YoY Change	7.39%	15.0%	15.79%
Operating Profit	$219.0M	$135.0M	$240.0M
YoY Change	-8.75%	-0.74%	53.85%
Interest Expense	$27.00M	-$25.00M	$29.00M
YoY Change	-6.9%	-225.0%	11.54%
% of Operating Profit	12.33%	-18.52%	12.08%
Other Income/Expense, Net	-$29.00M
YoY Change
Pretax Income	$163.0M	$108.0M	$211.0M
YoY Change	-22.75%	-8.47%	56.3%
Income Tax	$67.00M	$16.00M	$73.00M
% Of Pretax Income	41.1%	14.81%	34.6%
Net Earnings	$96.00M	$86.00M	$138.0M
YoY Change	-30.43%	-21.1%	51.65%
Net Earnings / Revenue	6.01%	6.22%	8.93%
Basic Earnings Per Share	$0.86	$0.77	$1.20
Diluted Earnings Per Share	$0.85	$0.76	$1.19
COMMON SHARES
Basic Shares Outstanding	111.6M shares	113.3M shares	115.1M shares
Diluted Shares Outstanding	113.1M shares		116.4M shares

Balance Sheet

Concept	2017 Q2	2016 Q4	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$199.0M	$112.0M	$67.00M
YoY Change	197.01%	16.67%	-16.25%
Cash & Equivalents	$199.0M	$112.0M	$67.00M
Short-Term Investments
Other Short-Term Assets	$72.00M	$74.00M	$63.00M
YoY Change	14.29%	57.45%	-74.6%
Inventory	$792.0M	$710.0M	$753.0M
Prepaid Expenses
Receivables	$915.0M	$678.0M	$879.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.988B	$1.586B	$1.775B
YoY Change	12.0%	5.17%	-10.35%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.336B	$3.112B	$3.059B
YoY Change	9.06%	5.28%	5.81%
Goodwill	$1.484B	$1.336B	$1.344B
YoY Change	10.42%	14.48%	15.07%
Intangibles	$1.361B	$1.138B	$1.152B
YoY Change	18.14%	13.91%	14.06%
Long-Term Investments	$0.00	$0.00	$0.00
YoY Change
Other Assets	$200.0M	$194.0M	$236.0M
YoY Change	-15.25%	-4.9%	3.96%
Total Long-Term Assets	$6.702B	$6.155B	$6.202B
YoY Change	8.06%	5.79%	8.83%
TOTAL ASSETS
Total Short-Term Assets	$1.988B	$1.586B	$1.775B
Total Long-Term Assets	$6.702B	$6.155B	$6.202B
Total Assets	$8.690B	$7.741B	$7.977B
YoY Change	8.94%	5.66%	3.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.110B	$615.0M	$974.0M
YoY Change	13.96%	14.95%	5.75%
Accrued Expenses		$298.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$1.000M	$1.000M	$0.00
YoY Change		-83.33%	-100.0%
Long-Term Debt Due	$3.000M	$3.000M	$177.0M
YoY Change	-98.31%	-98.16%	5800.0%
Total Short-Term Liabilities	$1.116B	$963.0M	$1.156B
YoY Change	-3.46%	-9.41%	23.37%
LONG-TERM LIABILITIES
Long-Term Debt	$2.686B	$2.099B	$2.099B
YoY Change	27.97%	23.33%	-3.05%
Other Long-Term Liabilities	$186.0M	$164.0M	$172.0M
YoY Change	8.14%	19.71%	21.99%
Total Long-Term Liabilities	$2.872B	$2.263B	$2.271B
YoY Change	26.46%	23.06%	-1.52%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.116B	$963.0M	$1.156B
Total Long-Term Liabilities	$2.872B	$2.263B	$2.271B
Total Liabilities	$3.988B	$3.226B	$3.427B
YoY Change	16.37%	11.16%	5.67%
SHAREHOLDERS EQUITY
Retained Earnings	$1.529B	$1.377B	$1.208B
YoY Change	26.57%	30.52%	38.22%
Common Stock	$1.000M	$1.000M	$1.000M
YoY Change	0.0%	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$908.0M	$803.0M	$675.0M
YoY Change	34.52%	31.21%	26.64%
Treasury Stock Shares	24.20M shares	22.80M shares	19.90M shares
Shareholders Equity	$3.976B	$3.849B	$3.864B
YoY Change
Total Liabilities & Shareholders Equity	$8.690B	$7.741B	$7.977B
YoY Change	8.94%	5.66%	3.88%

Cashflow Statement

Concept	2017 Q2	2016 Q4	2016 Q2
OPERATING ACTIVITIES
Net Income	$96.00M	$86.00M	$138.0M
YoY Change	-30.43%	-21.1%	51.65%
Depreciation, Depletion And Amortization	$84.00M	$101.0M	$82.00M
YoY Change	2.44%	32.89%	7.89%
Cash From Operating Activities	$385.0M	$264.0M	$263.0M
YoY Change	46.39%	-20.48%	18.47%
INVESTING ACTIVITIES
Capital Expenditures	-$103.0M	-$92.00M	-$89.00M
YoY Change	15.73%	-27.56%	-6.32%
Acquisitions
YoY Change
Other Investing Activities	-$555.0M	$6.000M	-$448.0M
YoY Change	23.88%	-71.43%	-5077.78%
Cash From Investing Activities	-$658.0M	-$86.00M	-$537.0M
YoY Change	22.53%	-18.87%	524.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	369.0M	-151.0M	287.0M
YoY Change	28.57%	-18.82%	-319.08%
NET CHANGE
Cash From Operating Activities	385.0M	264.0M	263.0M
Cash From Investing Activities	-658.0M	-86.00M	-537.0M
Cash From Financing Activities	369.0M	-151.0M	287.0M
Net Change In Cash	96.00M	27.00M	13.00M
YoY Change	638.46%	-32.5%	160.0%
FREE CASH FLOW
Cash From Operating Activities	$385.0M	$264.0M	$263.0M
Capital Expenditures	-$103.0M	-$92.00M	-$89.00M
Free Cash Flow	$488.0M	$356.0M	$352.0M
YoY Change	38.64%	-22.44%	11.04%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001370946
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	111193238	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Registrant Name EntityRegistrantName	Owens Corning
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	oc	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	356000000	USD
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	oc	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	360000000	USD
CY2017Q2	oc	Environmental Liability Sites EnvironmentalLiabilitySites	21	site
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CY2017Q2	oc	Fair Value Adjustment To Debt FairValueAdjustmentToDebt	7000000	USD
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	oc	General Corporate Expense GeneralCorporateExpense	54000000	USD
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	oc	General Corporate Expense GeneralCorporateExpense	68000000	USD
CY2016Q4	oc	Goodwill Balance GoodwillBalance	1336000000	USD
CY2017Q2	oc	Goodwill Balance GoodwillBalance	1484000000	USD
CY2016Q2	oc	Income Loss From Equity Method Affiliates IncomeLossFromEquityMethodAffiliates	1000000	USD
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	oc	Marketing And Administrative Expenses MarketingAndAdministrativeExpenses	285000000	USD
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	oc	Other Expenses Net OtherExpensesNet	53000000	USD
	oc	Paymentsof Intercompany Dividends PaymentsofIntercompanyDividends	0	USD
	oc	Paymentsof Intercompany Dividends PaymentsofIntercompanyDividends	0	USD
CY2016Q4	oc	Precious Metals Depletion Percentage PreciousMetalsDepletionPercentage	0.14
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CY2017Q2	oc	Preciousmetalpercentofdeprecationexpense Preciousmetalpercentofdeprecationexpense	0.03
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	oc	Proceeds From Sale Of Assets Or Affiliates ProceedsFromSaleOfAssetsOrAffiliates	0	USD
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CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1358000000	USD
CY2017Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1594000000	USD
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	235000000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	1336000000	USD
CY2017Q2	us-gaap	Goodwill Goodwill	1484000000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	143000000	USD
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	5000000	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	416000000	USD
	us-gaap	Gross Profit GrossProfit	688000000	USD
CY2017Q2	us-gaap	Gross Profit GrossProfit	409000000	USD
	us-gaap	Gross Profit GrossProfit	752000000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	211000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	304000000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	163000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	307000000	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2017Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	73000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	107000000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	67000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	110000000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	117000000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	74000000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-7000000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	8000000	USD
	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	-9000000	USD
	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	-16000000	USD
	us-gaap	Increase Decrease In Postretirement Obligations IncreaseDecreaseInPostretirementObligations	-9000000	USD
	us-gaap	Increase Decrease In Postretirement Obligations IncreaseDecreaseInPostretirementObligations	-9000000	USD
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	500000	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	400000	shares
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	300000	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	300000	shares
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	800000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	800000	shares
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	1200000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	1200000	shares
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1138000000	USD
CY2017Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1361000000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	29000000	USD
	us-gaap	Interest Expense InterestExpense	52000000	USD
CY2016Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	482000000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	27000000	USD
	us-gaap	Interest Expense InterestExpense	53000000	USD
CY2017Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	521000000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	710000000	USD
CY2017Q2	us-gaap	Inventory Net InventoryNet	792000000	USD
CY2016Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	228000000	USD
CY2017Q2	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	271000000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7741000000	USD
CY2017Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8690000000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	963000000	USD
CY2017Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1116000000	USD
CY2015Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	800000000	USD
CY2016Q4	us-gaap	Long Term Debt LongTermDebt	2102000000	USD
CY2017Q2	us-gaap	Long Term Debt LongTermDebt	2689000000	USD
CY2016Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	2099000000	USD
CY2017Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	2686000000	USD
CY2016Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	3000000	USD
CY2017Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	3000000	USD
CY2016Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	3000000	USD
CY2017Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	3000000	USD
CY2016Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2099000000	USD
CY2017Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2686000000	USD
CY2016Q4	us-gaap	Minority Interest MinorityInterest	40000000	USD
CY2017Q2	us-gaap	Minority Interest MinorityInterest	39000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	279000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	412000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-635000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-725000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	326000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	392000000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	138000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	195000000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	96000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	197000000	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1000000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3000000	USD
CY2017Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	176000000	USD
	us-gaap	Operating Expenses OperatingExpenses	332000000	USD
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	219000000	USD
	us-gaap	Operating Expenses OperatingExpenses	392000000	USD
CY2017Q2	us-gaap	Other Assets Current OtherAssetsCurrent	72000000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	74000000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	194000000	USD
CY2017Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	200000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	3000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	4000000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-3000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	-2000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	-2000000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	1000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	2000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-13000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	21000000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	29000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	65000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-4000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	1000000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	6000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	6000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	1000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	3000000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	-7000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	-8000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	0	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-10000000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-14000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-14000000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	164000000	USD
CY2017Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	186000000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	5000000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-2000000	USD
CY2016Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	221000000	USD
CY2017Q2	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	240000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-3000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	87000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	134000000	USD
	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	121000000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	40000000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	45000000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	450000000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	561000000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	187000000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	170000000	USD
	us-gaap	Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash	3000000	USD
	us-gaap	Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash	39000000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	300000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	588000000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	434000000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	337000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	4000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	3000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-6000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	USD
	us-gaap	Proceeds From Sale Of Other Assets Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities	0	USD
	us-gaap	Proceeds From Sale Of Other Assets Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities	3000000	USD
CY2016Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	52000000	USD
CY2017Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	54000000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	8000000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	10000000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	139000000	USD
	us-gaap	Profit Loss ProfitLoss	198000000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	96000000	USD
	us-gaap	Profit Loss ProfitLoss	197000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5131000000	USD
CY2017Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5503000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3112000000	USD
CY2017Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3336000000	USD
CY2016Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	678000000	USD
CY2017Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	915000000	USD
CY2016Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	2000000	USD
CY2017Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	0	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	326000000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	337000000	USD
CY2016Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	21000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	40000000	USD
CY2017Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	21000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	42000000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6000000	USD
CY2017Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	7000000	USD
CY2017Q2	us-gaap	Restructuring And Related Cost Cost Incurred To Date1 RestructuringAndRelatedCostCostIncurredToDate1	95000000	USD
CY2016Q2	us-gaap	Restructuring Costs RestructuringCosts	3000000	USD
	us-gaap	Restructuring Costs RestructuringCosts	3000000	USD
CY2017Q2	us-gaap	Restructuring Costs RestructuringCosts	29000000	USD
	us-gaap	Restructuring Costs RestructuringCosts	29000000	USD
CY2016Q4	us-gaap	Restructuring Reserve RestructuringReserve	2000000	USD
CY2017Q2	us-gaap	Restructuring Reserve RestructuringReserve	27000000	USD
	us-gaap	Restructuring Reserve Settled Without Cash2 RestructuringReserveSettledWithoutCash2	4000000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1377000000	USD
CY2017Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1529000000	USD
CY2016Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1545000000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	2776000000	USD
CY2017Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1597000000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	3075000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	17000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	20000000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P4Y
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.261
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.014
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	2000	shares
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	975400	shares
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	865450	shares
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	35.14
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	35.02
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	36.02
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	37.65
	us-gaap	Share Based Goods And Nonemployee Services Transaction Valuation Method Expected Term1 ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1	P2Y11M
CY2016Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	1000000	USD
CY2017Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	1000000	USD
CY2016Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	107950	shares
CY2017Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	7800000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	2000000	shares
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	3849000000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	3976000000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3889000000	USD
CY2017Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4015000000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	22800000	shares
CY2017Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	24200000	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	803000000	USD
CY2017Q2	us-gaap	Treasury Stock Value TreasuryStockValue	908000000	USD
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	116400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	116500000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	113100000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	113500000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	115100000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	115300000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	111600000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	112000000	shares

Files In Submission

Name	View Source	Status
0001370946-17-000020-index-headers.html	Edgar Link	pending
0001370946-17-000020-index.html	Edgar Link	pending
0001370946-17-000020.txt	Edgar Link	pending
0001370946-17-000020-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
oc-20170630.xml	Edgar Link	completed
oc-20170630.xsd	Edgar Link	pending
oc-20170630_cal.xml	Edgar Link	unprocessable
oc-20170630_def.xml	Edgar Link	unprocessable
oc-20170630_lab.xml	Edgar Link	unprocessable
oc-20170630_pre.xml	Edgar Link	unprocessable
oc-2017x06x30x10q.htm	Edgar Link	pending
oc-2017x06x30x10qxexh102.htm	Edgar Link	pending
oc-2017x06x30x10qxexh103.htm	Edgar Link	pending
oc-2017x06x30x10qxexh104.htm	Edgar Link	pending
oc-2017x06x30x10qxexh311.htm	Edgar Link	pending
oc-2017x06x30x10qxexh312.htm	Edgar Link	pending
oc-2017x06x30x10qxexh321.htm	Edgar Link	pending
oc-2017x06x30x10qxexh322.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

2017 Q2 Form 10-Q Financial Statement

#000137094617000020 Filed on July 26, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OC Owens Corning Stock $oc

2017 Q2 Form 10-Q Financial Statement

#000137094617000020 Filed on July 26, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OC
Owens Corning Stock $oc