Garrett Motion Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
GTX$20.68-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity (Deficit)
| Series APreferred Stock · Common Stock · Treasury Stock · Additional Paid-in Capital · Retained Deficit · Accumulated Other Comprehensive Income/(Loss) · Total Deficit | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares (1) · Amount · Shares · Amount | ||||||||||
| (in millions) | ||||||||||
| Balance at December 31, 2021 | 246 | $— | 64 | $— | $— | $— | $1,326 | $(1,790) | $(4) | $(468) |
| Net income | — | — | — | — | — | — | — | 390 | — | 390 |
| Share repurchases | — | — | — | — | — | — | (4) | (2) | — | (6) |
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | — | 40 | 40 |
| Preferred Stock dividends | — | — | — | — | — | — | — | (83) | — | (83) |
| Stock-based compensation | — | — | — | — | — | — | 11 | — | — | 11 |
| Balance at December 31, 2022 | 246 | $— | 64 | $— | $— | $— | $1,333 | $(1,485) | $36 | $(116) |
| Net income | — | — | — | — | — | — | — | 261 | — | 261 |
| Repurchases of Series A Preferred Stock | (70) | — | — | — | — | — | (366) | (201) | — | (567) |
| Repurchases of Common Stock | — | — | (28) | — | — | — | — | (213) | — | (213) |
| Excise tax on share repurchases | — | — | — | — | — | — | — | (8) | — | (8) |
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | — | (39) | (39) |
| Preferred Stock dividends | — | — | — | — | — | — | — | (42) | — | (42) |
| Issuance of Common Stock for preference dividends | — | — | 26 | — | — | — | 209 | (209) | — | — |
| Conversion of Series A Preferred Stock to Common Stock | (176) | — | 176 | — | — | — | — | (25) | — | (25) |
| Stock-based compensation | — | — | — | — | — | — | 14 | — | — | 14 |
| Balance at December 31, 2023 | — | $— | 238 | $— | $— | $— | $1,190 | $(1,922) | $(3) | $(735) |
| Net income | — | — | — | — | — | — | — | 282 | — | 282 |
| Share repurchases | — | — | — | — | 34 | (296) | — | — | — | (296) |
| Excise tax on share repurchases | — | — | — | — | — | (3) | — | — | — | (3) |
| Shares issued under stock plan, net of shares withheld for employee taxes | — | — | 3 | — | 1 | (7) | — | — | — | (7) |
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | — | 76 | 76 |
| Common Stock dividends | — | — | — | — | — | — | — | (13) | — | (13) |
| Stock-based compensation | — | — | — | — | — | — | 23 | — | — | 23 |
| Balance at December 31, 2024 | — | $— | 241 | $— | 35 | $(306) | $1,213 | $(1,653) | $73 | $(673) |
- Common shares issued less treasury shares equals common shares outstanding
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.