Owens Corning Files 2023 Annual 10-K Report

Ticker: OC · Form: 10-K · Filed: 2024-02-14T00:00:00.000Z

Sentiment: neutral

Topics: annual-report, regulatory-filing, manufacturing

TL;DR

**Owens Corning just dropped its 2023 annual 10-K, giving us the full financial picture for the past year.**

AI Summary

Owens Corning, a manufacturer of abrasive, asbestos, and miscellaneous nonmetallic mineral products, submitted its annual 10-K report on February 14, 2024, covering the fiscal year ended December 31, 2023. This comprehensive filing, identified by CIK 0001370946, details the company's financial condition and operational results for the past year. It serves as a crucial public document for investors and stakeholders.

Why It Matters

This 10-K filing provides a detailed look into Owens Corning's financial health and strategic direction for the fiscal year 2023, offering transparency to investors and the public about its performance and risks.

Risk Assessment

Risk Level: medium — As a large manufacturing company, Owens Corning faces typical market, operational, and economic risks detailed in its annual report, which are standard for its industry.

Key Players & Entities

FAQ

What is the Central Index Key (CIK) for Owens Corning?

The CIK for Owens Corning is 0001370946.

When was Owens Corning's 10-K filing for the fiscal year 2023 filed with the SEC?

The 10-K was filed on February 14, 2024.

What is the fiscal year end covered by this Owens Corning 10-K report?

The fiscal year end covered by this report is December 31, 2023.

What is the business address for Owens Corning as listed in the filing?

The business address is ONE OWENS CORNING PARKWAY, TOLEDO, OH 43659.

Under which Standard Industrial Classification (SIC) does Owens Corning operate?

Owens Corning operates under the SIC for ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290].

From the Filing

0001370946-24-000046.txt : 20240214 0001370946-24-000046.hdr.sgml : 20240214 20240214060649 ACCESSION NUMBER: 0001370946-24-000046 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 119 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Owens Corning CENTRAL INDEX KEY: 0001370946 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33100 FILM NUMBER: 24631872 BUSINESS ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 BUSINESS PHONE: 419-248-8000 MAIL ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 FORMER COMPANY: FORMER CONFORMED NAME: Owens Corning (Reorganized) Inc. DATE OF NAME CHANGE: 20060731 10-K 1 oc-20231231.htm 10-K oc-20231231 0001370946 2023 FY false 360 366 351 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://www.owenscorning.com/20231231#OtherExpensesNet http://www.owenscorning.com/20231231#OtherExpensesNet http://www.owenscorning.com/20231231#OtherExpensesNet http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementBenefitExpense http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementBenefitExpense http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementBenefitExpense P3Y 0001370946 2023-01-01 2023-12-31 0001370946 2023-06-30 iso4217:USD 0001370946 2024-02-09 xbrli:shares 0001370946 2023-10-01 2023-12-31 0001370946 oc:GunnerSmithMember 2023-01-01 2023-12-31 0001370946 oc:GunnerSmithMember 2023-10-01 2023-12-31 0001370946 oc:GunnerSmithMember 2023-12-31 0001370946 oc:JoseMendezAndinoMember 2023-01-01 2023-12-31 0001370946 oc:JoseMendezAndinoMember 2023-10-01 2023-12-31 0001370946 oc:JoseMendezAndinoMember 2023-12-31 0001370946 oc:PaulaRussellMember 2023-01-01 2023-12-31 0001370946 oc:PaulaRussellMember 2023-10-01 2023-12-31 0001370946 oc:PaulaRussellMember 2023-12-31 0001370946 2022-01-01 2022-12-31 0001370946 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001370946 2023-12-31 0001370946 2022-12-31 0001370946 us-gaap:CommonStockMember 2020-12-31 0001370946 us-gaap:TreasuryStockCommonMember 2020-12-31 0001370946 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001370946 us-gaap:RetainedEarningsMember 2020-12-31 0001370946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001370946 us-gaap:NoncontrollingInterestMember 2020-12-31 0001370946 2020-12-31 0001370946 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001370946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001370946 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001370946 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001370946 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001370946 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001370946 us-gaap:CommonStockMember 2021-12-31 0001370946 us-gaap:TreasuryStockCommonMember 2021-12-31 0001370946 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001370946 us-gaap:RetainedEarningsMember 2021-12-31 0001370946 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001370946 us-gaap:NoncontrollingInterestMember 2021-12-31 0001370946 2021-12-31 0001370946 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001370946 us-gaap:No

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