CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents		$ 1,099	$ 959
Receivables, Net, Current		961	939
Inventories		1,334	1,078
Assets held for sale		45	0
Other current assets		117	121
Total current assets		3,556	3,097
Property, plant and equipment, net		3,729	3,873
Operating lease right-of-use assets		204	158
Goodwill		1,383	990
Intangible assets, net		1,602	1,617
Deferred income taxes		16	31
Other non-current assets		262	249
TOTAL ASSETS		10,752	10,015
CURRENT LIABILITIES
Accounts payable		1,345	1,095
Current operating lease liabilities		52	49
Other current liabilities		707	553
Total current liabilities		2,104	1,697
Long-term debt, net of current portion		2,992	2,960
Pension plan liability		78	77
Other employee benefits liability		118	157
Non-current operating lease liabilities		152	109
Deferred income taxes		388	376
Other liabilities		299	304
Total Liabilities		6,131	5,680
Redeemable noncontrolling interest		25	0
OWENS CORNING STOCKHOLDERS’ EQUITY
Preferred stock, par value $0.01 per share	[1]	0	0
Common stock, par value $0.01 per share	[2]	1	1
Additional paid in capital		4,139	4,092
Accumulated earnings		3,794	2,706
Accumulated other comprehensive deficit		(681)	(581)
Cost of common stock in treasury	[3]	(2,678)	(1,922)
Total Owens Corning stockholders’ equity		4,575	4,296
Noncontrolling interests		21	39
Total equity		4,596	4,335
TOTAL LIABILITIES AND EQUITY		$ 10,752	$ 10,015

[1] shares authorized; none issued or outstanding at December 31, 2022 and December 31, 2021

[2] shares authorized; 135.5 issued and 91.9 outstanding at December 31, 2022; 135.5 issued and 100.4 outstanding at December 31, 2021

[3] 43.6 shares at December 31, 2022 and 35.1 shares at December 31, 2021