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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock Outstanding
Treasury Stock
APIC
Accumulated Earnings
AOCI
NCI
Beginning balance at Dec. 31, 2021 $ 4,335 $ 1 $ (1,922) $ 4,092 [1] $ 2,706 $ (581) [2] $ 39 [3]
Common stock, beginning balance (in shares) at Dec. 31, 2021   100.4          
Treasury stock, beginning balance (in shares) at Dec. 31, 2021     35.1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings attributable to Owens Corning 304       304    
Net earnings attributable to non-redeemable noncontrolling interests 3           3 [3]
Currency translation adjustment (28)         (27) [2] (1) [3]
Pension and other postretirement adjustment (net of tax) 3         3 [2]  
Deferred gain (loss) on hedging transactions (net of tax) 24         24 [2]  
Purchases of noncontrolling interest (9)     8 [1]     (17) [3]
Issuance of common stock under share-based payment plans, shares   0.4 (0.4)        
Issuance of common stock under share-based payment plans     $ 21 (21) [1]      
Purchases of treasury stock (shares)   (2.7) 2.7        
Purchases of treasury stock (243)   $ (243)        
Stock-based compensation expense 12     12 [1]      
Dividends declared [4] (36)       (36)    
Ending balance at Mar. 31, 2022 4,365 $ 1 $ (2,144) 4,091 [1] 2,974 (581) [2] 24 [3]
Common stock, ending balance (in shares) at Mar. 31, 2022   98.1          
Treasury stock, ending balance (in shares) at Mar. 31, 2022     37.4        
Beginning balance at Dec. 31, 2021 4,335 $ 1 $ (1,922) 4,092 [1] 2,706 (581) [2] 39 [3]
Common stock, beginning balance (in shares) at Dec. 31, 2021   100.4          
Treasury stock, beginning balance (in shares) at Dec. 31, 2021     35.1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings attributable to Owens Corning 647            
Net earnings attributable to non-redeemable noncontrolling interests 3            
Ending balance at Jun. 30, 2022 4,562 $ 1 $ (2,222) 4,107 [1] 3,282 (628) [2] 22 [3]
Common stock, ending balance (in shares) at Jun. 30, 2022   97.2          
Treasury stock, ending balance (in shares) at Jun. 30, 2022     38.3        
Beginning balance at Mar. 31, 2022 4,365 $ 1 $ (2,144) 4,091 [1] 2,974 (581) [2] 24 [3]
Common stock, beginning balance (in shares) at Mar. 31, 2022   98.1          
Treasury stock, beginning balance (in shares) at Mar. 31, 2022     37.4        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings attributable to Owens Corning 343       343    
Net earnings attributable to non-redeemable noncontrolling interests 0            
Currency translation adjustment (54)         (52) [2] (2) [3]
Pension and other postretirement adjustment (net of tax) 6         6 [2]  
Deferred gain (loss) on hedging transactions (net of tax) (1)         (1) [2]  
Issuance of common stock under share-based payment plans, shares   0.1 (0.1)        
Issuance of common stock under share-based payment plans 12   $ 9 3 [1]      
Purchases of treasury stock (shares)   (1.0) 1.0        
Purchases of treasury stock (87)   $ (87)        
Stock-based compensation expense 13     13 [1]      
Dividends declared [4] (35)       (35)    
Ending balance at Jun. 30, 2022 4,562 $ 1 $ (2,222) 4,107 [1] 3,282 (628) [2] 22 [3]
Common stock, ending balance (in shares) at Jun. 30, 2022   97.2          
Treasury stock, ending balance (in shares) at Jun. 30, 2022     38.3        
Beginning balance at Dec. 31, 2022 $ 4,596 $ 1 $ (2,678) 4,139 [5] 3,794 (681) [6] 21 [7]
Common stock, beginning balance (in shares) at Dec. 31, 2022 91.9 91.9          
Treasury stock, beginning balance (in shares) at Dec. 31, 2022 43.6   43.6        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings attributable to Owens Corning $ 383       383    
Redeemable noncontrolling interest adjustment to redemption value (1)     (1) [5]      
Currency translation adjustment 31         31 [6]  
Pension and other postretirement adjustment (net of tax) (1)         (1) [6]  
Deferred gain (loss) on hedging transactions (net of tax) (1)         (1) [6]  
Issuance of common stock under share-based payment plans, shares   0.7 (0.7)        
Issuance of common stock under share-based payment plans 1   $ 23 (22) [5]      
Purchases of treasury stock (shares)   (1.8) 1.8        
Purchases of treasury stock (161)   $ (161)        
Stock-based compensation expense 13     13 [5]      
Dividends declared [8] (48)       (48)    
Ending balance at Mar. 31, 2023 4,812 $ 1 $ (2,816) 4,129 [5] 4,129 (652) [6] 21 [7]
Common stock, ending balance (in shares) at Mar. 31, 2023   90.8          
Treasury stock, ending balance (in shares) at Mar. 31, 2023     44.7        
Beginning balance at Dec. 31, 2022 $ 4,596 $ 1 $ (2,678) 4,139 [5] 3,794 (681) [6] 21 [7]
Common stock, beginning balance (in shares) at Dec. 31, 2022 91.9 91.9          
Treasury stock, beginning balance (in shares) at Dec. 31, 2022 43.6   43.6        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings attributable to Owens Corning $ 728            
Net earnings attributable to non-redeemable noncontrolling interests (2)            
Ending balance at Jun. 30, 2023 $ 5,034 $ 1 $ (2,920) 4,143 [5] 4,427 (637) [6] 20 [7]
Common stock, ending balance (in shares) at Jun. 30, 2023 89.8 89.8          
Treasury stock, ending balance (in shares) at Jun. 30, 2023 45.7   45.7        
Beginning balance at Mar. 31, 2023 $ 4,812 $ 1 $ (2,816) 4,129 [5] 4,129 (652) [6] 21 [7]
Common stock, beginning balance (in shares) at Mar. 31, 2023   90.8          
Treasury stock, beginning balance (in shares) at Mar. 31, 2023     44.7        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings attributable to Owens Corning 345       345    
Net earnings attributable to non-redeemable noncontrolling interests (1)            
Currency translation adjustment 9         10 [6] (1) [7]
Pension and other postretirement adjustment (net of tax) (2)         (2) [6]  
Deferred gain (loss) on hedging transactions (net of tax) 7         7 [6]  
Issuance of common stock under share-based payment plans, shares   0.1 (0.1)        
Issuance of common stock under share-based payment plans 12   $ 12        
Purchases of treasury stock (shares)   (1.1) 1.1        
Purchases of treasury stock (116)   $ (116)        
Stock-based compensation expense 14     14 [5]      
Dividends declared [8] (47)       (47)    
Ending balance at Jun. 30, 2023 $ 5,034 $ 1 $ (2,920) $ 4,143 [5] $ 4,427 $ (637) [6] $ 20 [7]
Common stock, ending balance (in shares) at Jun. 30, 2023 89.8 89.8          
Treasury stock, ending balance (in shares) at Jun. 30, 2023 45.7   45.7        
[1] Additional Paid in Capital (“APIC”)
[2] Accumulated Other Comprehensive Earnings (Deficit) (“AOCI”)
[3] Noncontrolling Interests (“NCI”)
[4] Quarterly dividend declaration of $0.35 per share as of June 30, 2022 and March 31, 2022
[5] Additional Paid in Capital (“APIC”)
[6] Accumulated Other Comprehensive Earnings (Deficit) (“AOCI”)
[7] Noncontrolling Interests (“NCI”)
[8] Quarterly dividend declaration of $0.52 per share as of June 30, 2023 and March 31, 2023