$OC
Owens Corning

2023 Q4 Form 10-Q Financial Statement

#000137094623000049 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $2.304B $2.479B
YoY Change 0.83% -1.98%
Cost Of Revenue $1.648B $1.752B
YoY Change -3.0% -4.58%
Gross Profit $656.0M $727.0M
YoY Change 11.95% 4.91%
Gross Profit Margin 28.47% 29.33%
Selling, General & Admin $218.0M $201.0M
YoY Change 1.4% 0.0%
% of Gross Profit 33.23% 27.65%
Research & Development $38.00M $29.00M
YoY Change 15.15% 11.54%
% of Gross Profit 5.79% 3.99%
Depreciation & Amortization $163.0M $160.0M
YoY Change 24.43% 23.08%
% of Gross Profit 24.85% 22.01%
Operating Expenses $264.0M $265.0M
YoY Change -31.43% 211.76%
Operating Profit $392.0M $462.0M
YoY Change 95.02% -24.01%
Interest Expense -$14.00M $17.00M
YoY Change -48.15% -39.29%
% of Operating Profit -3.57% 3.68%
Other Income/Expense, Net -$146.0M $1.000M
YoY Change -4966.67% -50.0%
Pretax Income $169.0M $446.0M
YoY Change 9.03% -23.37%
Income Tax $40.00M $110.0M
% Of Pretax Income 23.67% 24.66%
Net Earnings $131.0M $337.0M
YoY Change 5.65% -28.3%
Net Earnings / Revenue 5.69% 13.59%
Basic Earnings Per Share $3.74
Diluted Earnings Per Share $1.46 $3.71
COMMON SHARES
Basic Shares Outstanding 88.87M shares 89.83M shares
Diluted Shares Outstanding 90.90M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.615B $1.323B
YoY Change 46.95% 76.17%
Cash & Equivalents $1.615B $1.323B
Short-Term Investments
Other Short-Term Assets $117.0M $94.00M
YoY Change 0.0% -50.53%
Inventory $1.198B $1.232B
Prepaid Expenses
Receivables $987.0M $1.300B
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.917B $3.949B
YoY Change 10.15% 10.71%
LONG-TERM ASSETS
Property, Plant & Equipment $3.841B $3.688B
YoY Change 3.0% 0.77%
Goodwill $1.392B $1.378B
YoY Change 0.65% 0.8%
Intangibles $1.528B $1.526B
YoY Change -4.62% -9.0%
Long-Term Investments
YoY Change
Other Assets $313.0M $293.0M
YoY Change 19.47% 16.73%
Total Long-Term Assets $7.320B $7.120B
YoY Change 1.72% -0.48%
TOTAL ASSETS
Total Short-Term Assets $3.917B $3.949B
Total Long-Term Assets $7.320B $7.120B
Total Assets $11.24B $11.07B
YoY Change 4.51% 3.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.216B $1.161B
YoY Change -9.59% -12.05%
Accrued Expenses $62.00M $60.00M
YoY Change 19.23% 17.65%
Deferred Revenue
YoY Change
Short-Term Debt $1.000M $1.000M
YoY Change 0.0% 0.0%
Long-Term Debt Due $32.00M $31.00M
YoY Change 14.29% 24.0%
Total Short-Term Liabilities $2.324B $1.826B
YoY Change 10.46% -9.33%
LONG-TERM LIABILITIES
Long-Term Debt $2.615B $3.002B
YoY Change -12.6% 0.47%
Other Long-Term Liabilities $315.0M $316.0M
YoY Change 5.35% 7.12%
Total Long-Term Liabilities $2.930B $316.0M
YoY Change -10.97% -90.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.324B $1.826B
Total Long-Term Liabilities $2.930B $316.0M
Total Liabilities $6.027B $5.919B
YoY Change -1.7% -1.92%
SHAREHOLDERS EQUITY
Retained Earnings $4.794B $4.718B
YoY Change 26.36% 26.86%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.292B $3.063B
YoY Change 22.93% 26.15%
Treasury Stock Shares
Shareholders Equity $5.166B $5.105B
YoY Change
Total Liabilities & Shareholders Equity $11.24B $11.07B
YoY Change 4.51% 3.25%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $131.0M $337.0M
YoY Change 5.65% -28.3%
Depreciation, Depletion And Amortization $163.0M $160.0M
YoY Change 24.43% 23.08%
Cash From Operating Activities $698.0M $691.0M
YoY Change 3.41% 49.89%
INVESTING ACTIVITIES
Capital Expenditures $136.0M $110.0M
YoY Change -2.86% -217.02%
Acquisitions
YoY Change
Other Investing Activities -$1.000M -$7.000M
YoY Change -101.11% -94.96%
Cash From Investing Activities -$137.0M -$117.0M
YoY Change 174.0% -49.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -292.0M -200.0M
YoY Change -2.34% -18.7%
NET CHANGE
Cash From Operating Activities 698.0M 691.0M
Cash From Investing Activities -137.0M -117.0M
Cash From Financing Activities -292.0M -200.0M
Net Change In Cash 269.0M 374.0M
YoY Change -17.48% -2177.78%
FREE CASH FLOW
Cash From Operating Activities $698.0M $691.0M
Capital Expenditures $136.0M $110.0M
Free Cash Flow $562.0M $581.0M
YoY Change 5.05% 4.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
130000000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
130000000 usd
CY2023Q3 oc Gain Loss On Sale Of Facility
GainLossOnSaleOfFacility
0 usd
CY2022Q3 oc Gain Loss On Sale Of Facility
GainLossOnSaleOfFacility
0 usd
oc Gain Loss On Sale Of Facility
GainLossOnSaleOfFacility
189000000 usd
oc Gain Loss On Sale Of Facility
GainLossOnSaleOfFacility
0 usd
CY2023Q3 oc Other Expenses Net
OtherExpensesNet
35000000 usd
CY2022Q3 oc Other Expenses Net
OtherExpensesNet
-12000000 usd
oc Other Expenses Net
OtherExpensesNet
77000000 usd
oc Other Expenses Net
OtherExpensesNet
-18000000 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
265000000 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
85000000 usd
us-gaap Operating Expenses
OperatingExpenses
585000000 usd
us-gaap Operating Expenses
OperatingExpenses
511000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
462000000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
608000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1483000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1535000000 usd
CY2023Q3 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-1000000 usd
CY2022Q3 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-2000000 usd
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-1000000 usd
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-6000000 usd
CY2023Q3 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
463000000 usd
CY2022Q3 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
610000000 usd
oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
1484000000 usd
oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
1541000000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
17000000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
28000000 usd
us-gaap Interest Expense
InterestExpense
62000000 usd
us-gaap Interest Expense
InterestExpense
82000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
446000000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
582000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1422000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1459000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
110000000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
361000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
340000000 usd
CY2023Q3 oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
1000000 usd
CY2022Q3 oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
1000000 usd
oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
2000000 usd
oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
0 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
337000000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
469000000 usd
us-gaap Profit Loss
ProfitLoss
1063000000 usd
us-gaap Profit Loss
ProfitLoss
1119000000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
337000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
470000000 usd
us-gaap Net Income Loss
NetIncomeLoss
1065000000 usd
us-gaap Net Income Loss
NetIncomeLoss
1117000000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.74
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.42
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.71
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.84
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.64
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.32
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90000000.0 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97800000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
90900000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98700000 shares
CY2023Q3 us-gaap Profit Loss
ProfitLoss
337000000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
94000000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
117000000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
3949000000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
3556000000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3688000000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
469000000 usd
us-gaap Profit Loss
ProfitLoss
1063000000 usd
us-gaap Profit Loss
ProfitLoss
1119000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-2000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 usd
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
-1000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-73000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-161000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-33000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-243000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 usd
CY2022Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-1000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000 usd
CY2022Q3 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
1000000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-15000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-2000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-2000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-4000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-9000000 usd
CY2023Q3 oc Other Comprehensive Income Loss Derivatives Qualified As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifiedAsHedgesNetOfTax
5000000 usd
CY2022Q3 oc Other Comprehensive Income Loss Derivatives Qualified As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifiedAsHedgesNetOfTax
6000000 usd
oc Other Comprehensive Income Loss Derivatives Qualified As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifiedAsHedgesNetOfTax
11000000 usd
oc Other Comprehensive Income Loss Derivatives Qualified As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifiedAsHedgesNetOfTax
29000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-66000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-149000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-199000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
271000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
320000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1040000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
920000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
272000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
322000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1044000000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1323000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1099000000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11000000 usd
CY2023Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
1300000000 usd
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
961000000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
1232000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1334000000 usd
CY2023Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
0 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
45000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3729000000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
216000000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
204000000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
1378000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1383000000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1526000000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1602000000 usd
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
19000000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
16000000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
293000000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
262000000 usd
CY2023Q3 us-gaap Assets
Assets
11069000000 usd
CY2022Q4 us-gaap Assets
Assets
10752000000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1161000000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1345000000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
60000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
52000000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
605000000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
707000000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1826000000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2104000000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3002000000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2992000000 usd
CY2023Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
73000000 usd
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
78000000 usd
CY2023Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
116000000 usd
CY2022Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
118000000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
156000000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
152000000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
430000000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
388000000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
316000000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
299000000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
5919000000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
6131000000 usd
CY2023Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
25000000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
25000000 usd
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
1000000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
1000000 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4152000000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4139000000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4718000000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3794000000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-703000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-681000000 usd
CY2023Q3 us-gaap Treasury Stock Value
TreasuryStockValue
3063000000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2678000000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
5105000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
4575000000 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
20000000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
21000000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5125000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4596000000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11069000000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10752000000 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135500000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
91900000 shares
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
46600000 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
43600000 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4596000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
383000000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
31000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
1000000 usd
CY2023Q1 oc Other Comprehensive Income Loss Derivative Qualified As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDerivativeQualifiedAsHedgesNetOfTaxPortionAttributableToParent
-1000000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1000000 usd
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
161000000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13000000 usd
CY2023Q1 oc Dividends Declared
DividendsDeclared
48000000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4812000000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
345000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
9000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
2000000 usd
CY2023Q2 oc Other Comprehensive Income Loss Derivative Qualified As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDerivativeQualifiedAsHedgesNetOfTaxPortionAttributableToParent
7000000 usd
CY2023Q2 oc Dividends Declared
DividendsDeclared
47000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5034000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
337000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-73000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-2000000 usd
CY2023Q3 oc Other Comprehensive Income Loss Derivative Qualified As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDerivativeQualifiedAsHedgesNetOfTaxPortionAttributableToParent
5000000 usd
CY2023Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
145000000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11000000 usd
CY2023Q3 oc Dividends Declared
DividendsDeclared
46000000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5125000000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4335000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
304000000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-28000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-3000000 usd
CY2022Q1 oc Other Comprehensive Income Loss Derivative Qualified As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDerivativeQualifiedAsHedgesNetOfTaxPortionAttributableToParent
24000000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
9000000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
243000000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12000000 usd
CY2022Q1 oc Dividends Declared
DividendsDeclared
36000000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
6000000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
417000000 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4365000000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
343000000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-54000000 usd
CY2022Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-6000000 usd
CY2022Q2 oc Other Comprehensive Income Loss Derivative Qualified As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDerivativeQualifiedAsHedgesNetOfTaxPortionAttributableToParent
-1000000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
12000000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
87000000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13000000 usd
CY2022Q2 oc Dividends Declared
DividendsDeclared
35000000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4562000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
470000000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-161000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-6000000 usd
CY2022Q3 oc Other Comprehensive Income Loss Derivative Qualified As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDerivativeQualifiedAsHedgesNetOfTaxPortionAttributableToParent
6000000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5000000 usd
CY2022Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
206000000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13000000 usd
CY2022Q3 oc Dividends Declared
DividendsDeclared
33000000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4661000000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
us-gaap Profit Loss
ProfitLoss
1063000000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
446000000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
40000000 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
2000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
38000000 usd
oc Gains On Sale Of Certain Precious Metals
GainsOnSaleOfCertainPreciousMetals
18000000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
130000000 usd
oc Gain Loss On Sale Of Facility
GainLossOnSaleOfFacility
189000000 usd
oc Gain Loss On Sale Of Facility
GainLossOnSaleOfFacility
0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-20000000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000000 usd
oc Increase Decrease In Other Operating Capital
IncreaseDecreaseInOtherOperatingCapital
384000000 usd
oc Increase Decrease In Other Operating Capital
IncreaseDecreaseInOtherOperatingCapital
333000000 usd
us-gaap Pension Contributions
PensionContributions
4000000 usd
us-gaap Pension Contributions
PensionContributions
5000000 usd
us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
8000000 usd
us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
5000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
30000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1021000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1085000000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
390000000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
306000000 usd
oc Proceeds From Sale Of Assets Or Affiliates
ProceedsFromSaleOfAssetsOrAffiliates
189000000 usd
oc Proceeds From Sale Of Assets Or Affiliates
ProceedsFromSaleOfAssetsOrAffiliates
103000000 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-52000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
12000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-219000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-573000000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
9000000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-1000000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-5000000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
142000000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
103000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
419000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
536000000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
24000000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
23000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-585000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-675000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-45000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
225000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-208000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1107000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
966000000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1332000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
89000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17000000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
96000000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
76000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
16000000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
86000000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8000000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 usd
CY2023Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
22000000 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
72000000 usd
CY2022Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
42000000 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
102000000 usd
CY2023Q3 oc Supplier Finance Programs Obligations Current
SupplierFinanceProgramsObligationsCurrent
205000000 usd
CY2022Q4 oc Supplier Finance Programs Obligations Current
SupplierFinanceProgramsObligationsCurrent
234000000 usd
us-gaap Payments To Suppliers
PaymentsToSuppliers
454000000 usd
us-gaap Payments To Suppliers
PaymentsToSuppliers
481000000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2479000000 usd
CY2023Q3 oc Restructuring Cost
RestructuringCost
41000000 usd
CY2022Q3 oc Restructuring Cost
RestructuringCost
12000000 usd
oc Restructuring Cost
RestructuringCost
106000000 usd
oc Restructuring Cost
RestructuringCost
29000000 usd
CY2023Q3 oc Gain On Sale Of Shanghai China Facility
GainOnSaleOfShanghaiChinaFacility
0 usd
CY2022Q3 oc Gain On Sale Of Shanghai China Facility
GainOnSaleOfShanghaiChinaFacility
0 usd
oc Gain On Sale Of Shanghai China Facility
GainOnSaleOfShanghaiChinaFacility
0 usd
oc Gain On Sale Of Shanghai China Facility
GainOnSaleOfShanghaiChinaFacility
27000000 usd
CY2023Q3 oc Gain On Sale Of Santa Clara California Facility
GainOnSaleOfSantaClaraCaliforniaFacility
0 usd
CY2022Q3 oc Gain On Sale Of Santa Clara California Facility
GainOnSaleOfSantaClaraCaliforniaFacility
0 usd
oc Gain On Sale Of Santa Clara California Facility
GainOnSaleOfSantaClaraCaliforniaFacility
189000000 usd
oc Gain On Sale Of Santa Clara California Facility
GainOnSaleOfSantaClaraCaliforniaFacility
0 usd
CY2023Q3 oc Gain On Sale Of Precious Metals
GainOnSaleOfPreciousMetals
0 usd
CY2022Q3 oc Gain On Sale Of Precious Metals
GainOnSaleOfPreciousMetals
7000000 usd
oc Gain On Sale Of Precious Metals
GainOnSaleOfPreciousMetals
2000000 usd
oc Gain On Sale Of Precious Metals
GainOnSaleOfPreciousMetals
18000000 usd
CY2023Q3 us-gaap Inventory Recall Expense
InventoryRecallExpense
14000000 usd
CY2022Q3 us-gaap Inventory Recall Expense
InventoryRecallExpense
0 usd
us-gaap Inventory Recall Expense
InventoryRecallExpense
14000000 usd
us-gaap Inventory Recall Expense
InventoryRecallExpense
0 usd
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2000000 usd
CY2023Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2022Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
29000000 usd
CY2023Q3 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
0 usd
CY2022Q3 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
130000000 usd
us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
0 usd
us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
130000000 usd
CY2023Q3 oc General Corporate Expense
GeneralCorporateExpense
55000000 usd
CY2022Q3 oc General Corporate Expense
GeneralCorporateExpense
41000000 usd
oc General Corporate Expense
GeneralCorporateExpense
162000000 usd
oc General Corporate Expense
GeneralCorporateExpense
127000000 usd
CY2023Q3 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
463000000 usd
CY2022Q3 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
610000000 usd
oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
1484000000 usd
oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
1541000000 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
771000000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
843000000 usd
CY2023Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
461000000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
491000000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
1232000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1334000000 usd
oc Derivative Instrument Unrecognized Gain Included In Accumulated Oci
DerivativeInstrumentUnrecognizedGainIncludedInAccumulatedOCI
31000000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
2318000000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-11000000 usd
CY2023Q3 us-gaap Goodwill Gross
GoodwillGross
2306000000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
935000000 usd
oc Goodwill Impaired Foreign Currency Translation Gain Loss
GoodwillImpairedForeignCurrencyTranslationGainLoss
-7000000 usd
CY2023Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
928000000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
1378000000 usd
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2026000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
500000000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1526000000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2035000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
433000000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1602000000 usd
CY2023Q3 oc Number Of Indefinite Lived Intangible Assets At Risk Of Impairment
NumberOfIndefiniteLivedIntangibleAssetsAtRiskOfImpairment
3 intangible_asset
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
70000000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
37000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
27000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
64000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
57000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
42000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
34000000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
33000000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7282000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7129000000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3594000000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3400000000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3688000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3729000000 usd
CY2023Q3 oc Precious Metals Depletion Percentage
PreciousMetalsDepletionPercentage
0.09
CY2022Q4 oc Precious Metals Depletion Percentage
PreciousMetalsDepletionPercentage
0.10
CY2023Q3 oc Preciousmetalpercentofdeprecationexpense
Preciousmetalpercentofdeprecationexpense
0.03
us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
0 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
0 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
7000000 usd
us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
18000000 usd
us-gaap Restructuring Costs
RestructuringCosts
-83000000 usd
us-gaap Restructuring Costs
RestructuringCosts
-94000000 usd
CY2022 oc Gain Loss Of Russian Operations
GainLossOfRussianOperations
-33000000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
88000000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
81000000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
18000000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
16000000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
10000000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
9000000 usd
CY2023Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
96000000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
88000000 usd
CY2023Q3 us-gaap Restructuring Costs
RestructuringCosts
41000000 usd
CY2022Q3 us-gaap Restructuring Costs
RestructuringCosts
-116000000 usd
CY2023Q3 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
1000000 usd
CY2022Q4 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
2000000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
3033000000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3020000000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
31000000 usd
CY2023Q3 oc Notes Payable Fair Value Disclosure Par Value
NotesPayableFairValueDisclosureParValue
1
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
28000000 usd
CY2022Q4 oc Notes Payable Fair Value Disclosure Par Value
NotesPayableFairValueDisclosureParValue
1
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3002000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2992000000 usd
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
800000000 usd
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1000000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1000000 usd
CY2023Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.030
CY2022Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.028
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4000000 usd
CY2023Q3 oc Environmental Liability Sites
EnvironmentalLiabilitySites
22 site
CY2023Q3 us-gaap Environmental Exit Costs Costs Accrued To Date
EnvironmentalExitCostsCostsAccruedToDate
4000000 usd
CY2023Q3 oc Environmental Exit Costs Costs Accruedto Date Current
EnvironmentalExitCostsCostsAccruedtoDateCurrent
1000000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38000000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
27000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.65
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P1Y1M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1000000 usd
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
17900 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
37.65
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9100 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.65
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P0Y4M24D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1000000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9100 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.65
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P0Y4M24D
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1000000 usd
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.85
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
337000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
470000000 usd
us-gaap Net Income Loss
NetIncomeLoss
1065000000 usd
us-gaap Net Income Loss
NetIncomeLoss
1117000000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90000000.0 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97800000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
900000 shares
CY2022Q3 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
900000 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
900000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
90900000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98700000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.74
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.42
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.71
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.84
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.64
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.32
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
110000000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
361000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
340000000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.20
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.23
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-703000000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-776000000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-703000000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-776000000 usd
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
oc-20230930_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001370946-23-000049-index-headers.html Edgar Link pending
0001370946-23-000049-index.html Edgar Link pending
0001370946-23-000049.txt Edgar Link pending
0001370946-23-000049-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
oc-20230930.htm Edgar Link pending
oc-20230930.xsd Edgar Link pending
oc-2023x09x30x10qxexh101.htm Edgar Link pending
oc-2023x09x30x10qxexh102.htm Edgar Link pending
oc-2023x09x30x10qxexh311.htm Edgar Link pending
oc-2023x09x30x10qxexh312.htm Edgar Link pending
oc-2023x09x30x10qxexh321.htm Edgar Link pending
oc-2023x09x30x10qxexh322.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
oc-20230930_def.xml Edgar Link unprocessable
oc-20230930_lab.xml Edgar Link unprocessable
oc-20230930_pre.xml Edgar Link unprocessable
oc-20230930_htm.xml Edgar Link completed
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
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.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