ALBEMARLE CORP
For the period ended Jun 30, 2024. Filed Jul 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 31, 2024
ALB$94.93-4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets - June , 2024 and December 31, 2023
CONSOLIDATED BALANCE SHEETS
| June 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,830,227 | $889,900 |
| Trade accounts receivable, less allowance for doubtful accounts (2024 – $2,762; 2023 – $2,808) | 785,553 | 1,213,160 |
| Other accounts receivable | 412,181 | 509,097 |
| Inventories | 1,800,114 | 2,161,287 |
| Other current assets | 397,630 | 443,475 |
| Total current assets | 5,225,705 | 5,216,919 |
| Property, plant and equipment, at cost | 12,788,646 | 12,233,757 |
| Less accumulated depreciation and amortization | 2,951,614 | 2,738,553 |
| Net property, plant and equipment | 9,837,032 | 9,495,204 |
| Investments | 1,160,674 | 1,369,855 |
| Other assets | 320,598 | 297,087 |
| Goodwill | 1,600,938 | 1,629,729 |
| Other intangibles, net of amortization | 243,335 | 261,858 |
| Total assets | $18,388,282 | $18,270,652 |
| Liabilities And Equity | ||
| Current liabilities: | ||
| Accounts payable to third parties | $1,138,975 | $1,537,859 |
| Accounts payable to related parties | 184,198 | 550,186 |
| Accrued expenses | 508,334 | 544,835 |
| Current portion of long-term debt | 3,213 | 625,761 |
| Dividends payable | 60,668 | 46,666 |
| Income taxes payable | 63,070 | 255,155 |
| Total current liabilities | 1,958,458 | 3,560,462 |
| Long-term debt | 3,519,504 | 3,541,002 |
| Postretirement benefits | 25,925 | 26,247 |
| Pension benefits | 141,627 | 150,312 |
| Other noncurrent liabilities | 758,283 | 769,100 |
| Deferred income taxes | 501,330 | 558,430 |
| Commitments and contingencies (Note 6) | ||
| Equity: | ||
| Albemarle Corporation shareholders’ equity: | ||
| Common stock, $.01 par value, authorized – 275,000, issued and outstanding – 117,528 in 2024 and 117,356 in 2023 | 1,175 | 1,174 |
| Mandatory convertible preferred stock, Series A, no par value, $1,000 stated value, authorized – 15,000, issued and outstanding – 2,300 in 2024 and 0 in 2023 | 2,235,105 | — |
| Additional paid-in capital | 2,969,851 | 2,952,517 |
| Accumulated other comprehensive loss | (637,551) | (528,526) |
| Retained earnings | 6,653,979 | 6,987,015 |
| Total Albemarle Corporation shareholders’ equity | 11,222,559 | 9,412,180 |
| Noncontrolling interests | 260,596 | 252,919 |
| Total equity | 11,483,155 | 9,665,099 |
| Total liabilities and equity | $18,388,282 | $18,270,652 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.