Garrett Motion Inc
For the period ended Jun 30, 2024. Filed Jul 25, 2024.
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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.
Jun 30, 2024 · Filed Jul 25, 2024
GTX$20.68-0.3%Stored close · as of Nov 10, 2026
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Consolidated Interim Statements of Comprehensive Income (Unaudited)
CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE INCOME
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (Dollars in millions) | ||||
| Net income | $64 | $71 | $130 | $152 |
| Foreign exchange translation adjustment | — | (8) | 18 | (6) |
| Defined benefit pension plan adjustment, net of tax | 2 | — | 3 | — |
| Changes in fair value of effective cash flow hedges, net of tax (Note 16) | (2) | 2 | 1 | (1) |
| Changes in fair value of net investment hedges, net of tax (Note 16) | 8 | 3 | 27 | (2) |
| Total other comprehensive income (loss), net of tax | 8 | (3) | 49 | (9) |
| Comprehensive income | $72 | $68 | $179 | $143 |
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