Garrett Motion Inc.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 19, 2026
GTX$20.75+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (Dollars in millions) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $177 | $125 |
| Restricted cash (Note 2) | 2 | 1 |
| Accounts, notes and other receivables, net (Note 7) | 703 | 687 |
| Inventories, net (Note 9) | 339 | 286 |
| Other current assets (Note 10) | 98 | 94 |
| Total current assets | 1,319 | 1,193 |
| Investments and long-term receivables | 11 | 10 |
| Property, plant and equipment, net (Note 12) | 462 | 449 |
| Goodwill (Note 13) | 193 | 193 |
| Deferred income taxes (Note 6) | 210 | 207 |
| Other assets (Note 11) | 172 | 224 |
| Total assets | $2,367 | $2,276 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | $1,061 | $972 |
| Current maturities of long-term debt (Note 15) | 7 | 7 |
| Accrued liabilities (Note 14) | 295 | 299 |
| Total current liabilities | 1,363 | 1,278 |
| Long-term debt (Note 15) | 1,411 | 1,464 |
| Deferred income taxes (Note 6) | 32 | 25 |
| Other liabilities (Note 18) | 363 | 182 |
| Total liabilities | $3,169 | $2,949 |
| COMMITMENTS AND CONTINGENCIES (Note 23) | ||
| EQUITY (DEFICIT) | ||
| Common Stock, par value $0.001; 1,000,000,000 and 1,000,000,000 shares authorized, 242,549,685 and 240,987,329 issued and 190,556,297 and 206,387,938 outstanding as of December 31, 2025 and 2024, respectively | — | — |
| Additional paid-in capital | 1,240 | 1,213 |
| Retained deficit | (1,384) | (1,653) |
| Accumulated other comprehensive (loss) income (Note 20) | (138) | 73 |
| Treasury Stock, at cost; 51,993,388 and 34,599,391 shares as of December 31, 2025 and 2024, respectively (Note 19) | (520) | (306) |
| Total deficit | (802) | (673) |
| Total liabilities and deficit | $2,367 | $2,276 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.