Axalta Coating Systems Ltd
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
AXTA$37.53+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $699.8 | $645.2 |
| Restricted cash | 3.3 | 9.7 |
| Accounts and notes receivable, net | 1,259.9 | 1,067.4 |
| Inventories | 741.1 | 829.6 |
| Prepaid expenses and other current assets | 117.2 | 140.8 |
| Total current assets | 2,821.3 | 2,692.7 |
| Property, plant and equipment, net | 1,204.3 | 1,190.2 |
| Goodwill | 1,590.9 | 1,498.0 |
| Identifiable intangibles, net | 1,129.7 | 1,112.3 |
| Other assets | 525.9 | 566.0 |
| Total assets | $7,272.1 | $7,059.2 |
| Liabilities, Shareholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $724.9 | $733.5 |
| Current portion of borrowings | 25.7 | 31.0 |
| Other accrued liabilities | 676.9 | 620.2 |
| Total current liabilities | 1,427.5 | 1,384.7 |
| Long-term borrowings | 3,478.5 | 3,673.3 |
| Accrued pensions | 252.0 | 205.1 |
| Deferred income taxes | 162.3 | 162.1 |
| Other liabilities | 179.0 | 134.5 |
| Total liabilities | 5,499.3 | 5,559.7 |
| Commitments and contingent liabilities (Note 5) | ||
| Shareholders' equity | ||
| Common shares, $1.00 par, 1,000.0 shares authorized, 253.7 and 252.4 shares issued at December 31, 2023 and 2022, respectively | 253.7 | 252.4 |
| Capital in excess of par | 1,568.9 | 1,536.5 |
| Retained earnings | 1,286.2 | 1,018.8 |
| Treasury shares, at cost, 33.6 and 31.8 shares at December 31, 2023 and 2022, respectively | (937.3) | (887.3) |
| Accumulated other comprehensive loss | (444.2) | (466.9) |
| Total Axalta shareholders' equity | 1,727.3 | 1,453.5 |
| Noncontrolling interests | 45.5 | 46.0 |
| Total shareholders' equity | 1,772.8 | 1,499.5 |
| Total liabilities and shareholders' equity | $7,272.1 | $7,059.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.