XML 221 R29.htm IDEA: XBRL DOCUMENT v3.23.2

SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following tables show a disaggregation of our Net sales by segment and geographic region (in millions). Corporate eliminations (shown below) largely reflect intercompany sales from Composites to Roofing. External customer sales are attributed to geographic region based upon the location from which the product is sold to the external customer.

			For the three months ended June 30, 2023
Reportable Segments			Composites			Insulation			Roofing			Eliminations			Consolidated
Disaggregation Categories
U.S. residential			$	87		$	324		$	1,054		$	(83)		$	1,382
U.S. commercial and industrial			237			223			40			(2)			498
Total United States			324			547			1,094			(85)			1,880
Europe			135			201			4			—			340
Asia-Pacific			116			41			1			—			158
Rest of world			45			116			24			—			185
NET SALES			$	620		$	905		$	1,123		$	(85)		$	2,563

			For the three months ended June 30, 2022
Reportable Segments			Composites			Insulation			Roofing			Eliminations			Consolidated
Disaggregation Categories
U.S. residential			$	94		$	374		$	932		$	(69)		$	1,331
U.S. commercial and industrial			225			202			44			—			471
Total United States			319			576			976			(69)			1,802
Europe			197			213			5			(1)			414
Asia-Pacific			145			41			2			—			188
Rest of world			58			104			35			—			197
NET SALES			$	719		$	934		$	1,018		$	(70)		$	2,601

			For the six months ended June 30, 2023
Reportable Segments			Composites			Insulation			Roofing			Eliminations			Consolidated
Disaggregation Categories
U.S. residential			$	172		$	694		$	1,893		$	(148)		$	2,611
U.S. commercial and industrial			455			429			64			(4)			944
Total United States			627			1,123			1,957			(152)			3,555
Europe			272			395			8			(1)			674
Asia-Pacific			223			72			1			—			296
Rest of world			83			234			52			—			369
NET SALES			$	1,205		$	1,824		$	2,018		$	(153)		$	4,894

			For the six months ended June 30, 2022
Reportable Segments			Composites			Insulation			Roofing			Eliminations			Consolidated
Disaggregation Categories
U.S. residential			$	181		$	725		$	1,708		$	(129)		$	2,485
U.S. commercial and industrial			435			381			71			(3)			884
Total United States			616			1,106			1,779			(132)			3,369
Europe			402			410			11			(3)			820
Asia-Pacific			296			76			4			—			376
Rest of world			119			201			62			—			382
NET SALES			$	1,433		$	1,793		$	1,856		$	(135)		$	4,947

Schedule of Earnings before Interest and Taxes

The following table summarizes EBIT by segment (in millions):

			Three Months Ended June 30,						Six Months Ended June 30,
			2023			2022			2023			2022
Reportable Segments
Composites			$	87		$	154		$	136		$	308
Insulation			163			157			319			286
Roofing			338			258			547			434
Total reportable segments			588			569			1,002			1,028
Restructuring costs			(47)			(11)			(65)			(17)
Gain on sale of Shanghai, China facility			—			—			—			27
Gain on sale of Santa Clara, California site			—			—			189			—
Gains on sale of certain precious metals			—			7			2			11
Acquisition-related costs			—			(3)			—			(3)
Impairment loss on Chambery, France assets held for sale			—			(29)			—			(29)
General corporate expense and other			(54)			(44)			(107)			(86)
Total corporate, other and eliminations			(101)			(80)			19			(97)
EBIT			$	487		$	489		$	1,021		$	931

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of earnings before interest and taxes from reportable segments, to the entity's consolidated earnings before interest and taxes.

+ References

No definition available.

+ Details

Name:	oc_ScheduleOfEarningsBeforeInterestAndTaxesTableTextBlock
Namespace Prefix:	oc_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration