Garrett Motion Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| (Dollars in millions) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $125 | $259 |
| Restricted cash (Note 3) | 1 | 1 |
| Accounts, notes and other receivables, net (Note 8) | 687 | 808 |
| Inventories, net (Note 10) | 286 | 263 |
| Other current assets (Note 11) | 94 | 75 |
| Total current assets | 1,193 | 1,406 |
| Investments and long-term receivables | 10 | 29 |
| Property, plant and equipment, net (Note 13) | 449 | 477 |
| Goodwill (Note 14) | 193 | 193 |
| Deferred income taxes (Note 7) | 207 | 216 |
| Other assets (Note 12) | 224 | 206 |
| Total assets | $2,276 | $2,527 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | $972 | $1,074 |
| Current maturities of long-term debt (Note 16) | 7 | 7 |
| Accrued liabilities (Note 15) | 299 | 293 |
| Total current liabilities | 1,278 | 1,374 |
| Long-term debt (Note 16) | 1,464 | 1,643 |
| Deferred income taxes (Note 7) | 25 | 27 |
| Other liabilities (Note 20) | 182 | 218 |
| Total liabilities | $2,949 | $3,262 |
| COMMITMENTS AND CONTINGENCIES (Note 25) | ||
| EQUITY (DEFICIT) | ||
| Common Stock, par value $0.001; 1,000,000,000 and 1,000,000,000 shares authorized, 240,987,329 and 238,543,624 issued and 206,387,938 and 238,249,056 outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Additional paid-in capital | 1,213 | 1,190 |
| Retained deficit | (1,653) | (1,922) |
| Accumulated other comprehensive income (loss) (Note 22) | 73 | (3) |
| Treasury Stock, at cost; 34,599,391 and 0 shares as of December 31, 2024 and 2023, respectively (Note 21) | (306) | — |
| Total deficit | (673) | (735) |
| Total liabilities and deficit | $2,276 | $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.