Otis Worldwide Corporation (BIT:1OTIS)

Otis Worldwide Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	688	2,300	1,274	1,189	1,565	1,782
Cash & Short-Term Investments	688	2,300	1,274	1,189	1,565	1,782
Cash Growth	-26.96%	80.53%	7.15%	-24.03%	-12.18%	23.24%
Accounts Receivable	4,465	4,050	4,159	3,930	3,694	3,518
Other Receivables	-	269	96	91	88	88
Receivables	4,465	4,319	4,255	4,021	3,782	3,606
Inventory	602	557	612	617	622	659
Restricted Cash	-	21	6	-	1,910	17
Other Current Assets	632	473	253	316	382	429
Total Current Assets	6,387	7,670	6,400	6,143	8,261	6,493
Property, Plant & Equipment	1,262	1,123	1,143	1,168	1,300	1,316
Goodwill	1,707	1,548	1,588	1,567	1,667	1,773
Other Intangible Assets	357	311	335	369	419	484
Long-Term Deferred Tax Assets	392	302	323	285	335	334
Other Long-Term Assets	390	362	328	287	297	310
Total Assets	10,495	11,316	10,117	9,819	12,279	10,710
Accounts Payable	1,739	1,879	1,878	1,717	1,556	1,453
Accrued Expenses	1,984	1,439	1,531	1,535	1,656	1,597
Short-Term Debt	528	51	32	139	24	701
Current Portion of Long-Term Debt	147	1,300	-	531	-	-
Current Portion of Leases	-	120	117	127	181	167
Current Income Taxes Payable	-	75	141	103	142	182
Current Unearned Revenue	2,816	2,598	2,696	2,662	2,674	2,542
Other Current Liabilities	32	287	84	29	14	31
Total Current Liabilities	7,246	7,749	6,479	6,843	6,247	6,673
Long-Term Debt	7,074	6,973	6,866	6,098	7,249	5,262
Long-Term Leases	375	298	292	315	336	367
Long-Term Unearned Revenue	32	-	-	52	52	44
Long-Term Deferred Tax Liabilities	211	207	245	279	267	321
Other Long-Term Liabilities	307	291	398	413	449	477
Total Liabilities	15,699	16,044	14,837	14,483	15,263	13,911
Common Stock	300	265	213	162	119	59
Retained Earnings	-663	-978	-2,005	-2,865	-2,256	-3,106
Treasury Stock	-3,948	-3,390	-2,382	-1,575	-725	-
Comprehensive Income & Other	-1,056	-745	-750	-592	-763	-815
Total Common Equity	-5,367	-4,848	-4,924	-4,870	-3,625	-3,862
Minority Interest	163	120	204	206	641	661
Shareholders' Equity	-5,204	-4,728	-4,720	-4,664	-2,984	-3,201
Total Liabilities & Equity	10,495	11,316	10,117	9,819	12,279	10,710
Total Debt	8,124	8,742	7,307	7,210	7,790	6,497
Net Cash (Debt)	-7,436	-6,442	-6,033	-6,021	-6,225	-4,715
Net Cash Per Share	-18.61	-15.93	-14.55	-14.23	-14.43	-10.85
Filing Date Shares Outstanding	392.48	396.52	405.45	414.87	424.96	433.67
Total Common Shares Outstanding	392.4	397.6	406.6	414.8	425	433.4
Working Capital	-859	-79	-79	-700	2,014	-180
Book Value Per Share	-13.68	-12.19	-12.11	-11.74	-8.53	-8.91
Tangible Book Value	-7,431	-6,707	-6,847	-6,806	-5,711	-6,119
Tangible Book Value Per Share	-18.94	-16.87	-16.84	-16.41	-13.44	-14.12
Land	-	38	40	39	43	48
Buildings	-	516	543	538	596	616
Machinery	-	1,234	1,270	1,196	1,166	1,175
Construction In Progress	-	105	106	97	125	132

Source: S&P Global Market Intelligence. Standard template. Financial Sources.