Axalta Coating Systems Ltd
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $593 | $700 |
| Restricted cash | 3 | 3 |
| Accounts and notes receivable, net | 1,248 | 1,260 |
| Inventories | 734 | 741 |
| Prepaid expenses and other current assets | 145 | 117 |
| Total current assets | 2,723 | 2,821 |
| Property, plant and equipment, net | 1,181 | 1,204 |
| Goodwill | 1,640 | 1,591 |
| Identifiable intangibles, net | 1,149 | 1,130 |
| Other assets | 556 | 526 |
| Total assets | $7,249 | $7,272 |
| Liabilities, Shareholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $659 | $725 |
| Current portion of borrowings | 20 | 26 |
| Other accrued liabilities | 675 | 677 |
| Total current liabilities | 1,354 | 1,428 |
| Long-term borrowings | 3,401 | 3,478 |
| Accrued pensions | 220 | 252 |
| Deferred income taxes | 151 | 162 |
| Other liabilities | 167 | 179 |
| Total liabilities | 5,293 | 5,499 |
| Commitments and contingent liabilities (Note 6) | ||
| Shareholders' equity | ||
| Common shares, $1.00 par, 1,000.0 shares authorized, 254.5 and 253.7 shares issued at December 31, 2024 and 2023, respectively | 255 | 254 |
| Capital in excess of par | 1,599 | 1,568 |
| Retained earnings | 1,677 | 1,286 |
| Treasury shares, at cost, 36.4 and 33.6 shares at December 31, 2024 and 2023, respectively | (1,037) | (937) |
| Accumulated other comprehensive loss | (582) | (444) |
| Total Axalta shareholders' equity | 1,912 | 1,727 |
| Noncontrolling interests | 44 | 46 |
| Total shareholders' equity | 1,956 | 1,773 |
| Total liabilities and shareholders' equity | $7,249 | $7,272 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.