Celanese Corp
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
CE$46.49-2.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (In $ millions, except share data) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | 1,805 | 1,508 |
| Trade receivables - third party and affiliates | 1,243 | 1,379 |
| Non-trade receivables, net | 541 | 675 |
| Inventories | 2,357 | 2,808 |
| Other assets | 272 | 241 |
| Total current assets | 6,218 | 6,611 |
| Investments in affiliates | 1,220 | 1,062 |
| Property, plant and equipment (net of accumulated depreciation - 2023: $4,080; 2022: $3,687) | 5,584 | 5,584 |
| Operating lease right-of-use assets | 422 | 413 |
| Deferred income taxes | 1,677 | 808 |
| Other assets | 524 | 547 |
| Goodwill | 6,977 | 7,142 |
| Intangible assets, net | 3,975 | 4,105 |
| Total assets | 26,597 | 26,272 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Short-term borrowings and current installments of long-term debt - third party and affiliates | 1,383 | 1,306 |
| Trade payables - third party and affiliates | 1,510 | 1,518 |
| Other liabilities | 1,154 | 1,201 |
| Income taxes payable | 25 | 43 |
| Total current liabilities | 4,072 | 4,068 |
| Long-term debt, net of unamortized deferred financing costs | 12,301 | 13,373 |
| Deferred income taxes | 999 | 1,242 |
| Uncertain tax positions | 300 | 322 |
| Benefit obligations | 457 | 411 |
| Operating lease liabilities | 325 | 364 |
| Other liabilities | 591 | 387 |
| Commitments and Contingencies | ||
| Shareholders' Equity | ||
| Preferred stock, $0.01 par value, 100,000,000 shares authorized (2023 and 2022: 0 issued and outstanding) | — | — |
| Common stock, $0.0001 par value, 400,000,000 shares authorized (2023: 170,476,740 issued and 108,906,426 outstanding; 2022: 170,135,425 issued and 108,473,932 outstanding) | — | — |
| Treasury stock, at cost (2023: 61,570,314 shares; 2022: 61,661,493 shares) | (5,488) | (5,491) |
| Additional paid-in capital | 394 | 372 |
| Retained earnings | 12,929 | 11,274 |
| Accumulated other comprehensive income (loss), net | (744) | (518) |
| Total Celanese Corporation shareholders' equity | 7,091 | 5,637 |
| Noncontrolling interests | 461 | 468 |
| Total equity | 7,552 | 6,105 |
| Total liabilities and equity | 26,597 | 26,272 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.