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ASSETS HELD FOR SALE
12 Months Ended
Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]  
ASSETS HELD FOR SALE ASSETS HELD FOR SALEDuring the third quarter of 2021, the Company entered into a purchase and sale agreement for the Company’s Insulation site in Santa Clara, California to commercial real estate developer Panattoni for expected gross proceeds of approximately $240 million, including a non-refundable deposit of $50 million received at signing. The Company ceased operations in the fourth quarter of 2022, meeting the assets held for sale criteria, and plans to complete the transaction in the first quarter of 2023. This action is part of the Company’s on-going strategy to operate a flexible, cost-efficient manufacturing network and geographically locate its assets to better service its customers. Assets held for sale as of December 31, 2022 were $45 million and primarily consisted of land.