Celanese Corp
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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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.
FY2024 · Filed Feb 21, 2025
CE$48.93+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In $ millions) | |||
| Operating Activities | |||
| Net earnings (loss) | (1,514) | 1,964 | 1,902 |
| Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities | |||
| Asset impairments | 1,639 | 15 | 14 |
| Depreciation, amortization and accretion | 823 | 739 | 478 |
| Pension and postretirement net periodic benefit cost | 6 | 13 | (85) |
| Pension and postretirement contributions | (54) | (49) | (48) |
| Actuarial (gain) loss on pension and postretirement plans | 37 | 66 | 81 |
| Pension curtailments and settlements, net | (9) | 1 | — |
| Deferred income taxes, net | 216 | (967) | (835) |
| (Gain) loss on disposition of businesses and assets, net | 13 | (501) | (8) |
| Stock-based compensation | 32 | 40 | 60 |
| Undistributed earnings in unconsolidated affiliates | (33) | 55 | (3) |
| Other, net | 19 | 9 | 11 |
| Operating cash provided by (used in) discontinued operations | (5) | (2) | (28) |
| Changes in operating assets and liabilities | |||
| Trade receivables - third party and affiliates, net | 92 | 105 | 218 |
| Inventories | 11 | 398 | (253) |
| Other assets | (10) | 277 | (13) |
| Trade payables - third party and affiliates | (234) | 20 | (84) |
| Other liabilities | (63) | (284) | 412 |
| Net cash provided by (used in) operating activities | 966 | 1,899 | 1,819 |
| Investing Activities | |||
| Capital expenditures on property, plant and equipment | (435) | (568) | (543) |
| Acquisitions, net of cash acquired | — | 52 | (10,589) |
| Proceeds from sale of businesses and assets, net | — | 480 | 48 |
| Settlement of cross-currency swap agreement | 17 | — | — |
| Other, net | (52) | (98) | (57) |
| Net cash provided by (used in) investing activities | (470) | (134) | (11,141) |
| Financing Activities | |||
| Net change in short-term borrowings with maturities of 3 months or less | 15 | (278) | 36 |
| Proceeds from short-term borrowings | 160 | 452 | 500 |
| Repayments of short-term borrowings | (418) | (603) | — |
| Proceeds from long-term debt | 328 | 3,001 | 10,769 |
| Repayments of long-term debt | (1,033) | (3,660) | (526) |
| Purchases of treasury stock, including related fees | — | — | (17) |
| Stock option exercises | 1 | — | — |
| Common stock dividends | (307) | (305) | (297) |
| Distributions/dividends to noncontrolling interests | (33) | (11) | (13) |
| Issuance cost of bridge facility | — | — | (63) |
| Other, net | (26) | (52) | (99) |
| Net cash provided by (used in) financing activities | (1,313) | (1,456) | 10,290 |
| Exchange rate effects on cash and cash equivalents | (26) | (12) | 4 |
| Net increase (decrease) in cash and cash equivalents | (843) | 297 | 972 |
| Cash and cash equivalents as of beginning of period | 1,805 | 1,508 | 536 |
| Cash and cash equivalents as of end of period | 962 | 1,805 | 1,508 |
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