Owens Corning OC Income Statement

Owens corning (OC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
NET SALES
7,094	7,160	7,192	7,127	7,033	7,057	6,939	6,824	6,597	6,384	6,161	5,976	5,924	5,677	5,591	5,520	5,378	5,350	5,298	5,233	5,185	5,260	5,293	5,231	5,223	5,295	5,176	5,132	5,176	5,172	5,209	5,383	5,443	5,335	5,307	5,043	4,970	4,997	5,177	5,210	0	0	0
COST OF SALES
5,504	5,551	5,555	5,503	5,431	5,425	5,322	5,232	5,015	4,815	4,673	4,537	4,477	4,300	4,233	4,196	4,162	4,197	4,198	4,222	4,234	4,284	4,327	4,263	4,236	4,329	4,273	4,280	4,352	4,375	4,352	4,411	4,431	4,307	4,309	4,126	4,048	4,041	4,141	4,160	0	0	0
Gross margin
1,590	1,609	1,637	1,624	1,602	1,632	1,617	1,592	1,582	1,569	1,488	1,439	1,447	1,377	1,358	1,324	1,216	1,153	1,100	1,011	951	976	966	968	987	966	903	852	824	797	857	972	1,012	1,028	998	917	922	956	1,036	1,050	0	0	0
OPERATING EXPENSES
Marketing and administrative expenses
695	698	696	691	697	700	695	695	663	620	614	596	592	584	562	551	530	525	504	484	484	487	507	525	529	530	524	511	505	509	510	514	527	525	526	530	527	516	520	525	0	0	0
Science and technology expenses
86	87	88	88	88	89	87	88	87	85	86	84	84	82	80	78	75	73	72	72	74	76	77	78	78	77	76	77	78	79	79	79	77	77	79	78	77	76	70	66	0	0	0
Goodwill impairment charge
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charges related to cost reduction actions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	26	36	31	18	19	8	23	17	18	51	36	36	34	0	5	20	23	29	27	20	0	0	0
Employee emergence equity program expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other expenses, net
64	37	13	25	21	36	63	69	76	67	44	31	22	14	15	5	5	7	41	42	63	21	-41	-44	-75	-34	-17	-3	6	10	12	5	-14	-35	86	95	111	129	17	12	0	0	0
Total operating expenses
1,789	822	797	804	806	825	845	852	826	772	744	711	698	680	657	634	610	605	586	586	609	584	574	577	551	581	606	602	607	649	637	634	624	567	696	723	738	750	639	634	0	0	0
OPERATING INCOME (LOSS)
-199	787	840	820	796	807	772	740	756	797	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-operating income
32	34	-10	-12	-12	-14	26	26	58	60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EARNINGS (LOSS) BEFORE INTEREST AND TAXES
-231	753	850	832	808	821	746	714	698	737	723	703	753	699	0	0	0	-	0	0	0	-	392	391	436	385	297	250	217	148	220	338	388	461	302	194	184	206	397	416	0	0	0
Interest expense, net
122	131	126	124	125	117	118	115	109	107	109	109	111	108	100	100	97	100	108	108	113	114	111	112	110	112	116	116	115	114	112	111	111	108	106	106	109	110	115	113	0	0	0
Loss on extinguishment of debt
-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EARNINGS (LOSS) BEFORE TAXES
-385	590	692	708	683	704	628	528	518	559	543	593	641	590	600	590	514	453	365	276	183	232	281	279	326	273	107	60	28	-40	108	227	277	353	196	88	75	96	282	303	0	0	0
Income tax expense
171	186	188	194	184	156	254	219	237	269	158	191	197	188	180	170	141	120	108	80	57	5	6	5	23	68	35	-5	-27	-28	19	56	68	74	77	35	-838	-840	-846	-798	0	0	0
Equity in net earnings of affiliates
1	1	0	1	0	-1	-1	-2	0	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	0	-4	-4	-4	-4	1	1	2	2	2	3	3	4	2	1	0	0	0
NET EARNINGS (LOSS)
-555	405	504	515	499	547	373	307	281	290	381	398	441	399	421	421	374	334	258	197	127	228	276	275	303	205	68	61	51	-16	90	172	211	281	121	56	916	940	1,130	1,102	0	0	0
Net earnings attributable to noncontrolling interests
1	0	1	1	2	2	3	2	1	1	2	3	4	6	5	5	5	4	4	3	3	2	1	1	1	1	2	2	2	3	3	5	5	5	5	6	7	7	7	4	0	0	0
NET EARNINGS (LOSS) ATTRIBUTABLE TO OWENS CORNING
-556	405	503	514	497	545	370	305	280	289	379	395	437	393	416	416	369	330	254	194	124	226	275	274	302	204	66	59	49	-19	87	167	206	276	116	50	909	933	1,123	1,098	0	0	0
EARNINGS (LOSS) PER COMMON SHARE ATTRIBUTABLE TO OWENS CORNING COMMON STOCKHOLDERS
Basic (in dollars per share)
-8.43	0.67	1.37	1.27	0.40	1.56	1.46	1.09	0.83	-0.03	0.86	0.86	0.90	0.77	0.98	1.20	0.49	0.94	0.96	0.77	0.15	0.28	0.44	0.18	1.02	0.70	0.43	0.41	0.19	-0.47	0.37	0.32	-0.38	0.41	1.02	0.63	0.19	-0.80	0.46	7.39	0.38	0.64	0.27
Diluted (in dollars per share)
-8.43	0.66	1.36	1.26	0.40	1.54	1.45	1.08	0.82	-0.04	0.85	0.85	0.89	0.76	0.97	1.19	0.49	0.92	0.95	0.77	0.15	0.28	0.44	0.18	1.01	0.69	0.43	0.41	0.18	-0.47	0.37	0.32	-0.38	0.41	1.01	0.62	0.19	-0.80	0.46	7.33	0.38	0.63	0.26
Dividend (dollars per share)
-	-	-	-	-	-	-	-	-	-	0.20	0.20	0.20	0.20	0.18	0.18	0.18	0.17	0.17	0.17	0.17	0.16	0.16	0.16	0.16	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
WEIGHTED AVERAGE COMMON SHARES
WEIGHTED AVERAGE COMMON SHARES
Basic (in shares)
108	109	109	109	109	109	110	110	111	111	111	111	112	112	114	115	115	116	117	117	117	117	117	117	117	117	118	119	118	117	117	120	121	120	121	124	123	124	125	126	126	124	124
Diluted (in shares)
108	110	110	109	110	110	110	111	112	113	112	113	113	113	115	116	116	117	118	118	118	118	118	118	118	117	118	120	119	116	118	121	121	120	122	125	125	124	126	127	127	127	126