$OC
Owens Corning

2021 Q1 Form 10-Q Financial Statement

#000137094621000018 Filed on April 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1 2019 Q3
Revenue $1.915B $1.601B $1.883B
YoY Change 19.61% -3.96% 3.58%
Cost Of Revenue $1.471B $1.295B $1.422B
YoY Change 13.59% -3.5% 3.8%
Gross Profit $444.0M $306.0M $461.0M
YoY Change 45.1% -5.85% 2.9%
Gross Profit Margin 23.19% 19.11% 24.48%
Selling, General & Admin $174.0M $179.0M $164.0M
YoY Change -2.79% -1.65% 3.14%
% of Gross Profit 39.19% 58.5% 35.57%
Research & Development $20.00M $21.00M $21.00M
YoY Change -4.76% -4.55% 0.0%
% of Gross Profit 4.5% 6.86% 4.56%
Depreciation & Amortization $119.0M $116.0M $112.0M
YoY Change 2.59% 2.65% 4.67%
% of Gross Profit 26.8% 37.91% 24.3%
Operating Expenses $146.0M $1.176B $186.0M
YoY Change -87.59% 462.68% -3.63%
Operating Profit $298.0M -$870.0M $275.0M
YoY Change -134.25% -850.0% 7.84%
Interest Expense $33.00M $27.00M $33.00M
YoY Change 22.22% -25.0% 6.45%
% of Operating Profit 11.07% 12.0%
Other Income/Expense, Net $3.000M $4.000M $2.000M
YoY Change -25.0% 100.0% -50.0%
Pretax Income $268.0M -$893.0M $212.0M
YoY Change -130.01% -1189.02% -7.02%
Income Tax $59.00M $24.00M $61.00M
% Of Pretax Income 22.01% 28.77%
Net Earnings $210.0M -$917.0M $150.0M
YoY Change -122.9% -2184.09% -6.83%
Net Earnings / Revenue 10.97% -57.28% 7.97%
Basic Earnings Per Share $1.99 -$8.43 $1.37
Diluted Earnings Per Share $1.98 -$8.43 $1.36
COMMON SHARES
Basic Shares Outstanding 105.4M shares 108.8M shares 109.2M shares
Diluted Shares Outstanding 106.0M shares 108.8M shares 110.0M shares

Balance Sheet

Concept 2021 Q1 2020 Q1 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $605.0M $234.0M $35.00M
YoY Change 158.55% 185.37% -74.26%
Cash & Equivalents $605.0M $234.0M $35.00M
Short-Term Investments
Other Short-Term Assets $112.0M $105.0M $87.00M
YoY Change 6.67% 6.06% -23.01%
Inventory $854.0M $1.062B $1.031B
Prepaid Expenses
Receivables $1.167B $931.0M $977.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.738B $2.332B $2.130B
YoY Change 17.41% -0.04% -4.95%
LONG-TERM ASSETS
Property, Plant & Equipment $3.758B $3.747B $3.759B
YoY Change 0.29% -0.77% 0.48%
Goodwill $980.0M $959.0M $1.909B
YoY Change 2.19% -50.44% -2.6%
Intangibles $1.647B $1.655B $1.716B
YoY Change -0.48% -5.86% -4.61%
Long-Term Investments
YoY Change
Other Assets $264.0M $237.0M $198.0M
YoY Change 11.39% 28.8% -15.38%
Total Long-Term Assets $6.822B $6.819B $7.825B
YoY Change 0.04% -14.03% 0.26%
TOTAL ASSETS
Total Short-Term Assets $2.738B $2.332B $2.130B
Total Long-Term Assets $6.822B $6.819B $7.825B
Total Assets $9.560B $9.151B $9.955B
YoY Change 4.47% -10.85% -0.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $52.00M $65.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.000M $9.000M $3.000M
YoY Change -88.89% 200.0% 200.0%
Long-Term Debt Due $23.00M $161.0M $7.000M
YoY Change -85.71% 544.0% 75.0%
Total Short-Term Liabilities $1.467B $1.430B $1.261B
YoY Change 2.59% 12.16% -9.02%
LONG-TERM LIABILITIES
Long-Term Debt $3.145B $3.213B $3.180B
YoY Change -2.12% -13.42% -13.33%
Other Long-Term Liabilities $226.0M $195.0M $195.0M
YoY Change 15.9% 0.0% -14.1%
Total Long-Term Liabilities $3.371B $3.408B $3.375B
YoY Change -1.09% -12.75% -13.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.467B $1.430B $1.261B
Total Long-Term Liabilities $3.371B $3.408B $3.375B
Total Liabilities $4.838B $4.838B $4.636B
YoY Change 0.0% -6.62% -12.23%
SHAREHOLDERS EQUITY
Retained Earnings $2.011B $1.376B $2.272B
YoY Change 46.15% -32.32% 21.69%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.520B $1.210B $1.140B
YoY Change 25.62% 5.22% 2.7%
Treasury Stock Shares 26.90M shares 26.90M shares 26.90M shares
Shareholders Equity $3.928B $3.487B $4.483B
YoY Change
Total Liabilities & Shareholders Equity $9.560B $9.151B $9.955B
YoY Change 4.47% -10.85% -0.91%

Cashflow Statement

Concept 2021 Q1 2020 Q1 2019 Q3
OPERATING ACTIVITIES
Net Income $210.0M -$917.0M $150.0M
YoY Change -122.9% -2184.09% -6.83%
Depreciation, Depletion And Amortization $119.0M $116.0M $112.0M
YoY Change 2.59% 2.65% 4.67%
Cash From Operating Activities $204.0M -$52.00M $309.0M
YoY Change -492.31% -65.56% 54.5%
INVESTING ACTIVITIES
Capital Expenditures -$84.00M -$92.00M -$101.0M
YoY Change -8.7% -6.12% -16.53%
Acquisitions
YoY Change
Other Investing Activities $2.000M $0.00 $18.00M
YoY Change -100.0%
Cash From Investing Activities -$121.0M -$61.00M -$83.00M
YoY Change 98.36% -35.79% -31.4%
FINANCING ACTIVITIES
Cash Dividend Paid $55.00M $26.00M
YoY Change 111.54% -45.83%
Common Stock Issuance & Retirement, Net $142.0M $96.00M
YoY Change 47.92% 57.38%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$194.0M $213.0M -288.0M
YoY Change -191.08% -11.62% 193.88%
NET CHANGE
Cash From Operating Activities $204.0M -$52.00M 309.0M
Cash From Investing Activities -$121.0M -$61.00M -83.00M
Cash From Financing Activities -$194.0M $213.0M -288.0M
Net Change In Cash -$112.0M $62.00M -62.00M
YoY Change -280.65% 1140.0% 226.32%
FREE CASH FLOW
Cash From Operating Activities $204.0M -$52.00M $309.0M
Capital Expenditures -$84.00M -$92.00M -$101.0M
Free Cash Flow $288.0M $40.00M $410.0M
YoY Change 620.0% -175.47% 27.73%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-10000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-4000000 USD
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001370946
CY2021Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1000000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11000000 USD
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135500000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135500000 shares
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
43659
CY2021Q1 dei City Area Code
CityAreaCode
419
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
248-8000
CY2021Q1 dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
CY2021Q1 dei Trading Symbol
TradingSymbol
OC
CY2021Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
108600000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
109000000 shares
CY2021Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
26900000 shares
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
26500000 shares
CY2021Q1 us-gaap Debt Instrument Term
DebtInstrumentTerm
P1Y
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-03-31
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Entity File Number
EntityFileNumber
1-33100
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
Owens Corning
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
43-2109021
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
One Owens Corning Parkway,
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Toledo,
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
104462073 shares
CY2021Q1 us-gaap Revenues
Revenues
1915000000 USD
CY2020Q1 us-gaap Revenues
Revenues
1601000000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1471000000 USD
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1295000000 USD
CY2021Q1 us-gaap Gross Profit
GrossProfit
444000000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
306000000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
174000000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
179000000 USD
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20000000 USD
CY2020Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21000000 USD
CY2021Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
944000000 USD
CY2021Q1 oc Other Expenses Net
OtherExpensesNet
-48000000 USD
CY2020Q1 oc Other Expenses Net
OtherExpensesNet
32000000 USD
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
146000000 USD
CY2020Q1 us-gaap Operating Expenses
OperatingExpenses
1176000000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
298000000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-870000000 USD
CY2021Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-3000000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-4000000 USD
CY2021Q1 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
301000000 USD
CY2020Q1 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
-866000000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
33000000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
27000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
268000000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-893000000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59000000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
28000000 USD
CY2021Q1 oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
1000000 USD
CY2020Q1 oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
1000000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
210000000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-916000000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
210000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-917000000 USD
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.99
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-8.43
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-8.43
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105400000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108800000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106000000.0 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108800000 shares
CY2021Q1 us-gaap Profit Loss
ProfitLoss
210000000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-916000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-45000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-122000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
12000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1000000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
178000000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1032000000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
178000000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1033000000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
605000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
717000000 USD
CY2021Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
1167000000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
919000000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
854000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
855000000 USD
CY2021Q1 us-gaap Other Assets Current
OtherAssetsCurrent
112000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
115000000 USD
CY2021Q1 us-gaap Assets Current
AssetsCurrent
2738000000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
2606000000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3758000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3809000000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
145000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
154000000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
980000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
989000000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1647000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1667000000 USD
CY2021Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
28000000 USD
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
264000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
228000000 USD
CY2021Q1 us-gaap Assets
Assets
9560000000 USD
CY2020Q4 us-gaap Assets
Assets
9481000000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
52000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
55000000 USD
CY2021Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1415000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1385000000 USD
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1467000000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1440000000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3145000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3126000000 USD
CY2021Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
153000000 USD
CY2020Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
159000000 USD
CY2021Q1 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
169000000 USD
CY2020Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
171000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
99000000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
92000000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
341000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
332000000 USD
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
226000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
213000000 USD
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4056000000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4059000000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2011000000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1829000000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-620000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-588000000 USD
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
1520000000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1400000000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
3928000000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
3901000000 USD
CY2021Q1 us-gaap Minority Interest
MinorityInterest
39000000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
40000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3967000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3941000000 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9560000000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9481000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3941000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
210000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-46000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-1000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
12000000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7000000 USD
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
142000000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12000000 USD
CY2021Q1 oc Dividends Declared
DividendsDeclared
28000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3967000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4671000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-917000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-124000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-7000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-1000000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
96000000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11000000 USD
CY2020Q1 oc Dividends Declared
DividendsDeclared
26000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3526000000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2021Q1 us-gaap Profit Loss
ProfitLoss
210000000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-916000000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
119000000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
116000000 USD
CY2021Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
13000000 USD
CY2020Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
21000000 USD
CY2021Q1 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
0 USD
CY2020Q1 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-1000000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12000000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
11000000 USD
CY2021Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
944000000 USD
CY2021Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2020Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
43000000 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6000000 USD
CY2020Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-14000000 USD
CY2021Q1 oc Increase Decrease In Other Operating Capital
IncreaseDecreaseInOtherOperatingCapital
136000000 USD
CY2020Q1 oc Increase Decrease In Other Operating Capital
IncreaseDecreaseInOtherOperatingCapital
265000000 USD
CY2021Q1 us-gaap Pension Contributions
PensionContributions
1000000 USD
CY2020Q1 us-gaap Pension Contributions
PensionContributions
11000000 USD
CY2021Q1 us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
4000000 USD
CY2020Q1 us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
4000000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3000000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
204000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-52000000 USD
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
84000000 USD
CY2020Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
92000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
15000000 USD
CY2021Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
35000000 USD
CY2020Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-16000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 USD
CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-121000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-61000000 USD
CY2021Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2020Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
736000000 USD
CY2021Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2020Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
336000000 USD
CY2021Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2020Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-11000000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
55000000 USD
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
26000000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
142000000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
96000000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3000000 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-194000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
213000000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1000000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-38000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-112000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
62000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
724000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
179000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
612000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
241000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
66000000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
13000000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
77000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 USD
CY2021Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
20000000 USD
CY2021Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
5000000 USD
CY2021Q1 oc Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
35000000 USD
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1915000000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1601000000 USD
CY2021Q1 us-gaap Restructuring Costs
RestructuringCosts
1000000 USD
CY2020Q1 us-gaap Restructuring Costs
RestructuringCosts
5000000 USD
CY2021Q1 oc Gain On Sale Of Precious Metals
GainOnSaleOfPreciousMetals
20000000 USD
CY2020Q1 oc Gain On Sale Of Precious Metals
GainOnSaleOfPreciousMetals
10000000 USD
CY2021Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
944000000 USD
CY2021Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2020Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
43000000 USD
CY2021Q1 oc General Corporate Expense
GeneralCorporateExpense
35000000 USD
CY2020Q1 oc General Corporate Expense
GeneralCorporateExpense
31000000 USD
CY2021Q1 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
301000000 USD
CY2020Q1 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
-866000000 USD
CY2021Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
511000000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
532000000 USD
CY2021Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
343000000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
323000000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
854000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
855000000 USD
CY2021Q1 us-gaap Derivative Nonmonetary Notional Amount
DerivativeNonmonetaryNotionalAmount
2000000 MMBTU
CY2020Q4 us-gaap Goodwill
Goodwill
989000000 USD
CY2021Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
3000000 USD
CY2021Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-12000000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
980000000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
944000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2032000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
385000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1647000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2042000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
375000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1667000000 USD
CY2021Q1 oc Number Of Intangible Assets Impaired
NumberOfIntangibleAssetsImpaired
2 site
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
46000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
44000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
39000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
37000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
37000000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6875000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6910000000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3117000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3101000000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3758000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3809000000 USD
CY2020Q4 oc Precious Metals Depletion Percentage
PreciousMetalsDepletionPercentage
0.10
CY2021Q1 oc Precious Metals Depletion Percentage
PreciousMetalsDepletionPercentage
0.10
CY2021Q1 oc Preciousmetalpercentofdeprecationexpense
Preciousmetalpercentofdeprecationexpense
0.03
CY2021Q1 us-gaap Other Significant Noncash Transaction Consideration Received
OtherSignificantNoncashTransactionConsiderationReceived
20 million
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
20000000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
72000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
64000000 USD
CY2021Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5000000 USD
CY2020Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4000000 USD
CY2021Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3000000 USD
CY2020Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3000000 USD
CY2021Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
74000000 USD
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
65000000 USD
CY2021Q1 us-gaap Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
5000000 USD
CY2021Q1 us-gaap Restructuring Costs
RestructuringCosts
1000000 USD
CY2020Q1 us-gaap Restructuring Costs
RestructuringCosts
5000000 USD
CY2021Q1 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
2000000 USD
CY2020Q4 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
2000000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
3168000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
3145000000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
23000000 USD
CY2021Q1 oc Notes Payable Fair Value Disclosure Par Value
NotesPayableFairValueDisclosureParValue
1
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
19000000 USD
CY2020Q4 oc Notes Payable Fair Value Disclosure Par Value
NotesPayableFairValueDisclosureParValue
1
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3145000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3126000000 USD
CY2017Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
800000000 USD
CY2021Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
1000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1000000 USD
CY2021Q1 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.011
CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.011
CY2021Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1000000 USD
CY2021Q1 oc Environmental Liability Sites
EnvironmentalLiabilitySites
21 site
CY2021Q1 us-gaap Environmental Exit Costs Costs Accrued To Date
EnvironmentalExitCostsCostsAccruedToDate
5000000 USD
CY2021Q1 oc Environmental Exit Costs Costs Accruedto Date Current
EnvironmentalExitCostsCostsAccruedtoDateCurrent
1000000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12000000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
361775 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.77
CY2020Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P1Y6M
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
14000000 USD
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
207475 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
37.36
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
154300 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.33
CY2021Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P1Y7M2D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8000000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
154300 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.33
CY2021Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P1Y7M2D
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8000000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.85
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
210000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-917000000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105400000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108800000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
500000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
100000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106000000.0 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108800000 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.99
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-8.43
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-8.43
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59000000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.03
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-620000000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-726000000 USD

Files In Submission

Name View Source Status
0001370946-21-000018-index-headers.html Edgar Link pending
0001370946-21-000018-index.html Edgar Link pending
0001370946-21-000018.txt Edgar Link pending
0001370946-21-000018-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
oc-20210331.htm Edgar Link pending
oc-20210331.xsd Edgar Link pending
oc-20210331_cal.xml Edgar Link unprocessable
oc-20210331_def.xml Edgar Link unprocessable
oc-20210331_htm.xml Edgar Link completed
oc-20210331_lab.xml Edgar Link unprocessable
oc-20210331_pre.xml Edgar Link unprocessable
oc-2021x03x31x10qxexh311.htm Edgar Link pending
oc-2021x03x31x10qxexh312.htm Edgar Link pending
oc-2021x03x31x10qxexh321.htm Edgar Link pending
oc-2021x03x31x10qxexh322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending