Axalta Coating Systems Ltd
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Oct 30, 2024
AXTA$37.53+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Shareholders' Equity
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)
| Common Stock | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number of Shares · Par/Stated Value · Capital In Excess Of Par · Retained Earnings · Treasury Shares, at cost · Accumulated Other Comprehensive Loss · Non controlling Interests · Total | |||||||||
| Balance at December 31, 2023 | 220.1 | $254 | $1,568 | $1,286 | $(937) | $(444) | $46 | $1,773 | |
| Comprehensive income: | |||||||||
| Net income | — | — | — | 41 | — | — | (2) | 39 | |
| Long-term employee benefit plans, net of tax of $0 million | — | — | — | — | — | 1 | — | 1 | |
| Foreign currency translation, net of tax of $1 million | — | — | — | — | — | (45) | — | (45) | |
| Total comprehensive income (loss) | — | — | — | 41 | — | (44) | (2) | (5) | |
| Recognition of stock-based compensation | — | — | 6 | — | — | — | — | 6 | |
| Shares issued under compensation plans | 0.5 | — | 1 | — | — | — | — | 1 | |
| Balance at March 31, 2024 | 220.6 | $254 | $1,575 | $1,327 | $(937) | $(488) | $44 | $1,775 | |
| Comprehensive income: | |||||||||
| Net income | — | — | — | 112 | — | — | 1 | 113 | |
| Long-term employee benefit plans, net of tax of $0 million | — | — | — | — | — | 1 | — | 1 | |
| Foreign currency translation, net of tax of $1 million | — | — | — | — | — | (30) | — | (30) | |
| Total comprehensive income (loss) | — | — | — | 112 | — | (29) | 1 | 84 | |
| Recognition of stock-based compensation | — | — | 8 | — | — | — | 8 | ||
| Shares issued under compensation plans | 0.1 | — | 1 | — | — | — | — | 1 | |
| Common stock purchases | (1.4) | — | — | — | (50) | — | — | (50) | |
| Balance at June 30, 2024 | 219.3 | $254 | $1,584 | $1,439 | $(987) | $(517) | $45 | $1,818 | |
| Comprehensive income: | |||||||||
| Net income | — | — | — | 101 | — | — | 1 | 102 | |
| Net realized and unrealized loss on derivatives, net of tax benefit of $0 million | — | — | — | — | — | (2) | — | (2) | |
| Foreign currency translation, net of tax benefit of $4 million | — | — | — | — | — | 77 | 1 | 78 | |
| Total comprehensive income | — | — | — | 101 | — | 75 | 2 | 178 | |
| Recognition of stock-based compensation | — | — | 7 | — | — | — | — | 7 | |
| Shares issued under compensation plans | 0.1 | — | (1) | — | — | — | — | (1) | |
| Common stock purchases | (1.4) | — | — | — | (50) | — | — | (50) | |
| Dividends declared to non-controlling interest | — | — | — | — | — | — | (1) | (1) | |
| Balance at September 30, 2024 | 218.0 | $254 | $1,590 | $1,540 | $(1,037) | $(442) | $46 | $1,951 | |
| Common Stock | ||||||||
|---|---|---|---|---|---|---|---|---|
| Number of Shares | Par/Stated Value | Capital In Excess Of Par | Retained Earnings | Treasury Shares, at cost | Accumulated Other Comprehensive Loss | Non controlling Interests | Total | |
| Balance at December 31, 2022 | 220.6 | $252 | $1,537 | $1,019 | $(887) | $(467) | $46 | $1,500 |
| Comprehensive income: | ||||||||
| Net income | — | — | — | 61 | — | — | — | 61 |
| Net realized and unrealized loss on derivatives, net of tax of $0 million | — | — | — | — | — | (2) | — | (2) |
| Foreign currency translation, net of tax of $0 million | — | — | — | — | — | 46 | (1) | 45 |
| Total comprehensive income | — | — | — | 61 | — | 44 | (1) | 104 |
| Recognition of stock-based compensation | — | — | 6 | — | — | — | — | 6 |
| Shares issued under compensation plans | 0.9 | 1 | 4 | — | — | — | — | 5 |
| Balance at March 31, 2023 | 221.5 | $253 | $1,547 | $1,080 | $(887) | $(423) | $45 | $1,615 |
| Comprehensive income: | ||||||||
| Net income | — | — | — | 61 | — | — | — | 61 |
| Net realized and unrealized gain on derivatives, net of tax of $1 million | — | — | — | — | — | — | — | — |
| Long-term employee benefit plans, net of tax of $0 million | — | — | — | — | — | 1 | — | 1 |
| Foreign currency translation, net of tax benefit of $0 million | — | — | — | — | — | 2 | — | 2 |
| Total comprehensive income | — | — | — | 61 | — | 3 | — | 64 |
| Recognition of stock-based compensation | — | — | 8 | — | — | — | — | 8 |
| Shares issued under compensation plans | 0.2 | — | 2 | — | — | — | — | 2 |
| Balance at June 30, 2023 | 221.7 | $253 | $1,557 | $1,141 | $(887) | $(420) | $45 | $1,689 |
| Comprehensive income (loss): | ||||||||
| Net income | — | — | — | 72 | — | — | 1 | 73 |
| Foreign currency translation, net of tax of $0 million | — | — | — | — | — | (67) | (1) | (68) |
| Total comprehensive income (loss) | — | — | — | 72 | — | (67) | — | 5 |
| Recognition of stock-based compensation | — | — | 5 | — | — | — | — | 5 |
| Shares issued under compensation plans | 0.2 | 1 | (1) | — | — | — | — | — |
| Common stock purchases | (1.8) | — | — | — | (50) | — | — | (50) |
| Balance at September 30, 2023 | 220.1 | $254 | $1,561 | $1,213 | $(937) | $(487) | $45 | $1,649 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.