Garrett Motion Inc
For the period ended Sep 30, 2024. Filed Oct 24, 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.
Sep 30, 2024 · Filed Oct 24, 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 Interim Balance Sheets (Unaudited)
CONSOLIDATED INTERIM BALANCE SHEETS
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (Dollars in millions) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $96 | $259 |
| Restricted cash | 1 | 1 |
| Accounts, notes and other receivables – net (Note 6) | 698 | 808 |
| Inventories – net (Note 8) | 267 | 263 |
| Other current assets | 81 | 75 |
| Total current assets | 1,143 | 1,406 |
| Investments and long-term receivables | 12 | 29 |
| Property, plant and equipment – net | 450 | 477 |
| Goodwill | 193 | 193 |
| Deferred income taxes | 198 | 216 |
| Other assets (Note 9) | 159 | 206 |
| Total assets | $2,155 | $2,527 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | $896 | $1,074 |
| Current maturities of long-term debt (Note 14) | 7 | 7 |
| Accrued liabilities (Note 11) | 319 | 293 |
| Total current liabilities | 1,222 | 1,374 |
| Long-term debt (Note 14) | 1,464 | 1,643 |
| Deferred income taxes | 25 | 27 |
| Other liabilities (Note 12) | 222 | 218 |
| Total liabilities | $2,933 | $3,262 |
| COMMITMENTS AND CONTINGENCIES (Note 19) | ||
| EQUITY (DEFICIT) | ||
| Common Stock, par value $0.001; 1,000,000,000 and 1,000,000,000 shares authorized, 240,937,724 and 238,543,624 issued and 214,694,934 and 238,249,056 outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid–in capital | 1,207 | 1,190 |
| Retained deficit | (1,740) | (1,922) |
| Accumulated other comprehensive loss (Note 17) | (10) | (3) |
| Treasury Stock, at cost; 26,242,790 and 0 shares as of September 30, 2024 and December 31, 2023, respectively (Note 15) | (235) | — |
| Total deficit | (778) | (735) |
| Total liabilities and deficit | $2,155 | $2,527 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.