Owens Corning 10K 2009 Annual report | OC Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: ABO, absolute, aggressive, authoritative, automated, beta, BGI, BlackRock, bringing, codifying, contested, contractor, Dec, Downstream, dramatic, Dutch, Fargo, faster, Fitch, forfeiture, froze, grew, mandate, mandatorily, mixture, momentum, Nov, Oral, pace, passive, passively, pronounced, Proxy, PSU, rebalance, relieved, rest, revaluation, revalued, rollforward, Royal, run, SAP, semiannually, simulation, sizeable, stable, stronger, subsection, tempered, unimpaired, upward, visibility, weak

Removed: Abbott, absence, ACC, accountant, accrue, achievable, acting, actuary, administered, administration, advantage, advice, advisory, affiliation, Alabama, amortize, Analyst, Anixter, anniversary, antitrust, Appalachian, apparel, Appliance, appointed, approving, ARB, Arizona, arm, Army, arose, Asahi, Ashley, assistance, Assistant, assuming, attain, attained, attainment, attend, attendance, attorney, Avenue, bachelor, banking, Bauknecht, BBA, beneficially, Biology, Birmingham, Bondholder, borrowed, British, brokerage, build, Bush, calculating, California, called, Caperton, career, Carefree, causa, CEO, Certified, CFO, Chair, challenging, Chancellor, charter, Chartered, Chicago, Chinacast, choose, Cincinnati, CIP, Circle, circumstance, clause, Cleveland, closure, club, coal, Codification, College, Columbia, column, Colville, Comdisco, Comerica, commenced, commitment, community, comparison, compensate, compensating, complexity, complied, comprising, compromise, compute, concurrently, confidential, conflict, consecutive, constituted, Constitutional, consulting, consummated, controlled, Controller, correlated, Council, County, covering, culture, Cum, Cuyahoga, cycle, daily, Dalkon, Dayton, Dean, debtor, declare, deduct, deductibility, deductible, defer, deliver, Democratic, DESCO, Detroit, differentiate, discharge, discharged, disclaim, disclaimed, disclose, disclosed, discontinuing, dispose, disputed, disregarding, distributable, distributor, diversified, divided, Doctor, Donaldson, downtime, Dr, Drysdale, earn, East, Education, educational, effort, element, embedded, Emergency, employ, encourage, Endowment, Engineered, engineering, enrolled, ensure, enterprise, entirety, Entrepreneurship, EPA, Ervin, eventual, exclusively, existence, expanded, expansion, expensing, expert, extended, exterior, extinguished, Falcone, family, FAS, FCR, feel, fellow, Fidelity, FIN, Financo, flexibility, flood, Floor, Florida, Fluor, footnote, foregoing, formula, forum, foundation, frozen, function, fundamental, funded, Gaston, GE, George, Georgetown, Gold, Goldman, GoldToe, Governor, graduate, graduated, grandfathered, Grape, grown, guiding, Harbert, Harbinger, Harriman, Harvard, heading, hearing, Heller, Hermon, highest, Hilliard, hired, HMC, hold, holder, Honor, honorably, hosiery, Hospital, Hotel, HT, Hudson, Humana, Hung, incapacity, indexed, individually, Inkster, innovative, Insider, Institute, institutional, Intergovernmental, intimate, investigation, involved, Iowa, irrevocably, Island, ITT, Iverson, Jefferson, Jenrette, JKF, John, join, joined, joining, Judge, Kai, Kennecott, Kennedy, Kentucky, kind, knit, knowledge, Krannert, Laminar, Landon, lapse, Laude, Laura, lead, leadership, leasing, leave, leaving, led, Lee, Liberal, limiting, link, listing, Luce, Lufkin, lump, Madison, main, manager, Marc, Marshall, match, matter, maximize, Maytag, MBA, Mead, measuring, Medal, member, Mercer, Merchandising, methodology, MGM, Michigan, mindful, mindset, Monopoly, Moretz, mortgage, Mothercare, Mount, mutual, narrative, Newton, Nominating, noncontributory, nonprofit, Nordson, Norfolk, Northfield, Northwood, notional, NY, obtainable, occurrence, occurring, Offshore, oil, Olympic, omitted, operated, organizational, organized, originally, Orlando, OSHA, outplacement, participated, participating, partner, partnership, payout, Pease, pecuniary, peer, Pennsylvania, percentile, permissible, person, Pharmaceutical, philosophy, placement, planned, plc, pool, practical, Prairie, prepaid, presently, Princeton, priority, private, proceed, producing, professional, Professor, promulgated, proofing, Prudential, publicly, Purdue, purpose, quantified, quartile, rankspari, Raylen, Raymond, RCN, reaching, receipt, recently, recipient, recommended, recruited, recruiting, recruitment, referenced, regular, relevance, remained, reorganized, representative, requested, requirement, retailing, retainer, retaining, retention, retroactive, reviewed, reviewing, revision, rewarded, River, RONA, Rosemont, Rugby, Russell, salary, Sam, Sara, Sater, satisfied, save, School, SEC, Senate, Senator, separately, separation, SERP, serving, setting, Seymour, shared, Shaw, Sheree, Shield, shift, Shoe, similarly, site, situated, size, Society, Sohio, Soltech, sop, Southern, Specialist, specific, stake, standby, straddle, Street, Subcommittee, subsidized, subsidy, substantive, suite, sum, superior, sustained, talent, talented, Taloja, targeted, taught, taxation, Teaching, terminate, thereunder, Thunderbird, Tireman, Toe, Tokyo, tone, tool, top, Tower, Toy, transitioned, translate, translating, treated, typical, uncompleted, unexercised, unfunded, University, unresolved, unused, unutilized, USBC, vacancy, vest, vetted, Virginia, virtue, Washington, weaken, West, Wharton, wholly, William, Wilmington, Winery, withdrawn, worked, Yale, Zell


	Successor												Predecessor
	Twelve Months Ended Dec. 31,									Two Months Ended Dec. 31,			Ten Months Ended Oct. 31,		Twelve Months Ended Dec. 31,
	2009			2008			2007			2006			2006		2005
Earnings:
Earnings (loss) from continuing operations before taxes	$	81		$	118		$	22		$	(105	)	$	9,021	$	(4,513	)
Fixed charges (see below)		146			163			177			39			277		775
Amortization of capitalized interest		3			2			1			—			5		7
Capitalized interest		(10	)		(9	)		(11	)		(2	)		—		—
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges		—			—			—			—			—		—

Earnings, as adjusted	$	220		$	274		$	189		$	(68	)	$	9,303	$	(3,731	)

Fixed charges:
Portion of rents representative of interest expense (33%)	$	24		$	31		$	32		$	5		$	22	$	27
Interest on indebtedness, including amortization of deferred loan costs		112			123			134			32			255		748
Capitalized interest		10			9			11			2			—		—

Total fixed charges	$	146		$	163		$	177		$	39		$	277	$	775

Ratio of earnings to fixed charges		1.5			1.7			1.1			N/A			33.6		N/A

Owens Corning (OC) 10-K2009 FY Annual report

Content analysis