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 Statements of Changes in Shareholders' Equity
| Common Stock | ||||||||
|---|---|---|---|---|---|---|---|---|
| Number of Shares | Par/Stated Value | Capital InExcess OfPar | Retained Earnings | Treasury Shares, at cost | AccumulatedOtherComprehensiveLoss | Non-controllingInterests | Total | |
| Balance December 31, 2020 | 234.8 | $250.9 | $1,487.1 | $563.3 | $(443.5) | $(424.8) | $46.8 | $1,479.8 |
| Comprehensive income (loss): | ||||||||
| Net income | — | — | — | 263.9 | — | — | 0.5 | 264.4 |
| Net realized and unrealized gain on derivatives, net of tax of $5.2 million | — | — | — | — | — | 31.4 | — | 31.4 |
| Long-term employee benefit plans, net of tax of $8.7 million | — | — | — | — | — | 28.3 | — | 28.3 |
| Foreign currency translation, net of tax of $0.0 million | — | — | — | — | — | (49.3) | (0.8) | (50.1) |
| Total comprehensive income (loss) | — | — | — | 263.9 | — | 10.4 | (0.3) | 274.0 |
| Recognition of stock-based compensation | — | — | 14.9 | — | — | — | — | 14.9 |
| Net shares issued under compensation plans | 0.8 | 0.9 | 13.5 | — | — | — | — | 14.4 |
| Common stock purchases | (8.2) | — | — | — | (243.7) | — | — | (243.7) |
| Dividends declared to noncontrolling interests | — | — | — | — | — | — | (0.7) | (0.7) |
| Balance December 31, 2021 | 227.4 | $251.8 | $1,515.5 | $827.2 | $(687.2) | $(414.4) | $45.8 | $1,538.7 |
| Comprehensive income (loss): | ||||||||
| Net income | — | — | — | 191.6 | — | — | 0.6 | 192.2 |
| Net realized and unrealized gain on derivatives, net of tax of $3.2 million | — | — | — | — | — | 25.6 | — | 25.6 |
| Long-term employee benefit plans, net of tax of $10.7 million | — | — | — | — | — | 24.1 | — | 24.1 |
| Foreign currency translation, net of tax of $0.0 million | — | — | — | — | — | (102.2) | (0.4) | (102.6) |
| Total comprehensive income (loss) | — | — | — | 191.6 | — | (52.5) | 0.2 | 139.3 |
| Recognition of stock-based compensation | — | — | 22.2 | — | — | — | — | 22.2 |
| Net shares issued under compensation plans | 0.6 | 0.6 | (0.9) | — | — | — | — | (0.3) |
| Changes in ownership of noncontrolling interests | — | — | (0.3) | — | — | — | 0.1 | (0.2) |
| Common stock purchases | (7.4) | — | — | — | (200.1) | — | — | (200.1) |
| Dividends declared to noncontrolling interests | — | — | — | — | — | — | (0.1) | (0.1) |
| Balance December 31, 2022 | 220.6 | $252.4 | $1,536.5 | $1,018.8 | $(887.3) | $(466.9) | $46.0 | $1,499.5 |
| Comprehensive income (loss): | ||||||||
| Net income | — | — | — | 267.4 | — | — | 1.1 | 268.5 |
| Net realized and unrealized loss on derivatives, net of tax of $0.4 million | — | — | — | — | — | (2.6) | — | (2.6) |
| Long-term employee benefit plans, net of tax benefit of $15.2 million | — | — | — | — | — | (34.0) | — | (34.0) |
| Foreign currency translation, net of tax benefit of $0.2 million | — | — | — | — | — | 59.3 | (1.3) | 58.0 |
| Total comprehensive income (loss) | — | — | — | 267.4 | — | 22.7 | (0.2) | 289.9 |
| Recognition of stock-based compensation | — | — | 26.2 | — | — | — | — | 26.2 |
| Net shares issued under compensation plans | 1.3 | 1.3 | 6.2 | — | — | — | — | 7.5 |
| Common stock purchases | (1.8) | — | — | — | (50.0) | — | — | (50.0) |
| Dividends declared to noncontrolling interests | — | — | — | — | — | — | (0.3) | (0.3) |
| Balance December 31, 2023 | 220.1 | $253.7 | $1,568.9 | $1,286.2 | $(937.3) | $(444.2) | $45.5 | $1,772.8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.