DANA INC
For the period ended Mar 31, 2024. Filed Apr 30, 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.
Mar 31, 2024 · Filed Apr 30, 2024
DAN$23.89+3.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Balance Sheet (Unaudited)
Consolidated Balance Sheet (Unaudited)
(In millions, except share and per share amounts)
| March 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $351 | $529 |
| Accounts receivable | ||
| Trade, less allowance for doubtful accounts of $14 in 2024 and $16 in 2023 | 1,526 | 1,371 |
| Other | 251 | 280 |
| Inventories | 1,625 | 1,676 |
| Other current assets | 287 | 247 |
| Current assets of disposal group held for sale | 62 | |
| Total current assets | 4,102 | 4,103 |
| Goodwill | 257 | 263 |
| Intangibles | 169 | 182 |
| Deferred tax assets | 507 | 516 |
| Other noncurrent assets | 158 | 140 |
| Investments in affiliates | 123 | 123 |
| Operating lease assets | 315 | 327 |
| Property, plant and equipment, net | 2,226 | 2,311 |
| Total assets | $7,857 | $7,965 |
| Liabilities, redeemable noncontrolling interests and equity | ||
| Current liabilities | ||
| Short-term debt | $39 | $22 |
| Current portion of long-term debt | 8 | 35 |
| Accounts payable | 1,697 | 1,756 |
| Accrued payroll and employee benefits | 316 | 288 |
| Taxes on income | 90 | 86 |
| Current portion of operating lease liabilities | 41 | 42 |
| Other accrued liabilities | 352 | 373 |
| Current liabilities of disposal group held for sale | 22 | |
| Total current liabilities | 2,565 | 2,602 |
| Long-term debt, less debt issuance costs of $23 in 2024 and $24 in 2023 | 2,580 | 2,598 |
| Noncurrent operating lease liabilities | 271 | 284 |
| Pension and postretirement obligations | 318 | 334 |
| Other noncurrent liabilities | 318 | 319 |
| Noncurrent liabilities of disposal group held for sale | 4 | |
| Total liabilities | 6,056 | 6,137 |
| Commitments and contingencies (Note 13) | ||
| Redeemable noncontrolling interests | 197 | 191 |
| Parent company stockholders' equity | ||
| Preferred stock, 50,000,000 shares authorized, $0.01 par value, no shares outstanding | — | — |
| Common stock, 450,000,000 shares authorized, $0.01 par value, 144,954,645 and 144,386,484 shares outstanding | 2 | 2 |
| Additional paid-in capital | 2,260 | 2,255 |
| Retained earnings | 297 | 317 |
| Treasury stock, at cost (821,207 and 474,981 shares) | (13) | (9) |
| Accumulated other comprehensive loss | (1,007) | (990) |
| Total parent company stockholders' equity | 1,539 | 1,575 |
| Noncontrolling interests | 65 | 62 |
| Total equity | 1,604 | 1,637 |
| Total liabilities, redeemable noncontrolling interests and equity | $7,857 | $7,965 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.