Chemours Co
For the period ended Dec 31, 2023. Filed Mar 27, 2024.
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FY2023 · Filed Mar 27, 2024
CC$13.48+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2023 and 2022
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,203 | $1,102 |
| Restricted cash and restricted cash equivalents | 604 | — |
| Accounts and notes receivable, net | 610 | 626 |
| Inventories | 1,352 | 1,404 |
| Prepaid expenses and other | 66 | 82 |
| Total current assets | 3,835 | 3,214 |
| Property, plant, and equipment | 9,412 | 9,387 |
| Less: Accumulated depreciation | (6,196) | (6,216) |
| Property, plant, and equipment, net | 3,216 | 3,171 |
| Operating lease right-of-use assets | 260 | 240 |
| Goodwill | 102 | 102 |
| Other intangible assets, net | 3 | 13 |
| Investments in affiliates | 158 | 175 |
| Restricted cash and restricted cash equivalents | — | 202 |
| Other assets | 677 | 523 |
| Total assets | $8,251 | $7,640 |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable | $1,159 | $1,233 |
| Compensation and other employee-related cost | 89 | 121 |
| Short-term and current maturities of long-term debt | 51 | 43 |
| Current environmental remediation | 129 | 194 |
| Other accrued liabilities | 1,058 | 300 |
| Total current liabilities | 2,486 | 1,891 |
| Long-term debt, net | 3,987 | 3,590 |
| Operating lease liabilities | 206 | 198 |
| Long-term environmental remediation | 461 | 474 |
| Deferred income taxes | 44 | 61 |
| Other liabilities | 328 | 319 |
| Total liabilities | 7,512 | 6,533 |
| Commitments and contingent liabilities | ||
| Equity | ||
| Common stock (par value $0.01 per share; 810,000,000 shares authorized; 197,519,784 shares issued and 148,587,397 shares outstanding at December 31, 2023; 195,375,810 shares issued and 148,504,030 shares outstanding at December 31, 2022) | 2 | 2 |
| Treasury stock, at cost (48,932,387 shares at December 31, 2023; 46,871,780 shares at December 31, 2022) | (1,806) | (1,738) |
| Additional paid-in capital | 1,033 | 1,016 |
| Retained earnings | 1,782 | 2,170 |
| Accumulated other comprehensive loss | (274) | (343) |
| Total Chemours stockholders’ equity | 737 | 1,107 |
| Non-controlling interests | 2 | — |
| Total equity | 739 | 1,107 |
| Total liabilities and equity | $8,251 | $7,640 |
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