Owens Corning (OC)

Owens Corning Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	254	1,615	1,099	959	717	172
Trading Asset Securities	-	-	-	11	-	-
Cash & Short-Term Investments	254	1,615	1,099	970	717	172
Cash Growth	-73.76%	46.95%	13.30%	35.29%	316.86%	120.51%
Receivables	1,680	987	961	939	919	770
Inventory	1,576	1,198	1,334	1,078	855	1,033
Restricted Cash	20	8	8	7	7	7
Other Current Assets	189	109	154	103	108	79
Total Current Assets	3,719	3,917	3,556	3,097	2,606	2,061
Property, Plant & Equipment	5,096	4,212	4,060	4,126	4,036	4,079
Long-Term Investments	-	29	27	45	55	51
Goodwill	2,683	1,392	1,383	990	989	1,932
Other Intangible Assets	3,006	1,528	1,602	1,617	1,667	1,721
Long-Term Deferred Tax Assets	39	24	16	31	28	46
Other Long-Term Assets	448	135	108	109	100	116
Total Assets	14,991	11,237	10,752	10,015	9,481	10,006
Accounts Payable	1,403	1,216	1,345	1,095	875	815
Accrued Expenses	-	224	233	232	197	172
Short-Term Debt	155	-	-	-	-	20
Current Portion of Long-Term Debt	400	399	-	-	-	-
Current Portion of Leases	122	94	80	74	74	73
Current Income Taxes Payable	-	91	108	70	61	-
Other Current Liabilities	642	300	338	226	233	249
Total Current Liabilities	2,722	2,324	2,104	1,697	1,440	1,329
Long-Term Debt	4,827	2,493	2,889	2,886	3,067	2,967
Long-Term Leases	579	287	255	183	158	157
Long-Term Deferred Tax Liabilities	811	427	388	376	332	272
Other Long-Term Liabilities	351	315	299	304	213	200
Total Liabilities	9,466	6,027	6,131	5,680	5,540	5,335
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	4,186	4,166	4,139	4,092	4,059	4,051
Retained Earnings	5,273	4,794	3,794	2,706	1,829	2,319
Treasury Stock	-3,391	-3,292	-2,678	-1,922	-1,400	-1,130
Comprehensive Income & Other	-597	-503	-681	-581	-588	-610
Total Common Equity	5,472	5,166	4,575	4,296	3,901	4,631
Minority Interest	53	44	46	39	40	40
Shareholders' Equity	5,525	5,210	4,621	4,335	3,941	4,671
Total Liabilities & Equity	14,991	11,237	10,752	10,015	9,481	10,006
Total Debt	6,083	3,273	3,224	3,143	3,299	3,217
Net Cash (Debt)	-5,829	-1,658	-2,125	-2,173	-2,582	-3,045
Net Cash Per Share	-65.35	-18.22	-21.75	-20.83	-23.78	-27.66
Filing Date Shares Outstanding	86.95	87.01	90.77	99.1	104.93	108.28
Total Common Shares Outstanding	86.9	87.2	91.9	100.4	105.6	109
Working Capital	997	1,593	1,452	1,400	1,166	732
Book Value Per Share	62.97	59.24	49.78	42.79	36.94	42.49
Tangible Book Value	-217	2,246	1,590	1,689	1,245	978
Tangible Book Value Per Share	-2.50	25.76	17.30	16.82	11.79	8.97
Land	222	168	166	219	222	221
Buildings	1,509	1,263	1,221	1,265	1,241	1,186
Machinery	6,183	5,402	5,220	5,343	5,155	4,978
Construction In Progress	520	665	522	387	292	310

Source: S&P Capital IQ. Standard template. Financial Sources.