Garrett Motion Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
GTX$20.75+3.1%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
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (Dollars in millions) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $259 | $246 |
| Restricted cash (Note 3) | 1 | 2 |
| Accounts, notes and other receivables, net (Note 8) | 808 | 803 |
| Inventories, net (Note 10) | 263 | 270 |
| Other current assets (Note 11) | 75 | 110 |
| Total current assets | 1,406 | 1,431 |
| Investments and long-term receivables | 29 | 30 |
| Property, plant and equipment, net (Note 13) | 477 | 470 |
| Goodwill (Note 14) | 193 | 193 |
| Deferred income taxes (Note 7) | 216 | 232 |
| Other assets (Note 12) | 206 | 281 |
| Total assets | $2,527 | $2,637 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | $1,074 | $1,048 |
| Current maturities of long-term debt (Note 16) | 7 | 7 |
| Accrued liabilities (Note 15) | 293 | 320 |
| Total current liabilities | 1,374 | 1,375 |
| Long-term debt (Note 16) | 1,643 | 1,148 |
| Deferred income taxes (Note 7) | 27 | 25 |
| Other liabilities | 218 | 205 |
| Total liabilities | $3,262 | $2,753 |
| COMMITMENTS AND CONTINGENCIES (Note 25) | ||
| EQUITY (DEFICIT) | ||
| Series A Preferred Stock, par value $0.001; 0 and 245,089,671 shares issued and outstanding as of December 31, 2023 and 2022, respectively (Note 21) | — | — |
| Common Stock, par value $0.001; 1,000,000,000 and 1,000,000,000 shares authorized, 238,543,624 and 64,943,238 issued and 238,249,056 and 64,832,609 outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Additional paid-in capital | 1,190 | 1,333 |
| Retained deficit | (1,922) | (1,485) |
| Accumulated other comprehensive (loss) income (Note 22) | (3) | 36 |
| Total deficit | (735) | (116) |
| Total liabilities and deficit | $2,527 | $2,637 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.