Alcoa Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,597	1,138	944	1,363	1,814
Cash & Short-Term Investments	1,597	1,138	944	1,363	1,814
Cash Growth	40.33%	20.55%	-30.74%	-24.86%	12.88%
Accounts Receivable	1,064	1,096	656	778	757
Other Receivables	204	143	152	131	127
Receivables	1,268	1,239	808	909	884
Inventory	2,177	1,998	2,158	2,427	1,956
Prepaid Expenses	353	436	397	325	314
Restricted Cash	25	43	32	55	4
Other Current Assets	49	60	66	171	54
Total Current Assets	5,469	4,914	4,405	5,250	5,026
Property, Plant & Equipment	6,700	6,573	6,972	6,654	6,772
Long-Term Investments	1,874	980	979	1,122	1,199
Goodwill	-	142	146	145	144
Other Intangible Assets	-	36	37	29	35
Long-Term Deferred Tax Assets	771	284	333	296	506
Other Long-Term Assets	1,398	1,135	1,283	1,260	1,343
Total Assets	16,212	14,064	14,155	14,756	15,025
Accounts Payable	1,938	1,805	1,714	1,757	1,674
Accrued Expenses	383	362	357	335	383
Short-Term Debt	9	50	56	-	75
Current Portion of Long-Term Debt	1	75	79	1	1
Current Portion of Leases	-	38	31	30	35
Current Income Taxes Payable	294	102	88	230	374
Other Current Liabilities	1,140	963	705	651	681
Total Current Liabilities	3,765	3,395	3,030	3,004	3,223
Long-Term Debt	2,438	2,470	1,732	1,806	1,726
Long-Term Leases	-	223	104	59	64
Long-Term Unearned Revenue	-	12	20	28	36
Pension & Post-Retirement Benefits	680	668	721	693	1,067
Other Long-Term Liabilities	3,120	2,139	2,703	2,577	2,625
Total Liabilities	10,003	8,907	8,310	8,167	8,741
Common Stock	3	3	2	2	2
Additional Paid-In Capital	11,575	11,587	9,187	9,183	9,577
Retained Earnings	-258	-1,323	-1,293	-570	-315
Comprehensive Income & Other	-5,187	-5,110	-3,645	-3,539	-4,592
Total Common Equity	6,133	5,157	4,251	5,076	4,672
Minority Interest	76	-	1,594	1,513	1,612
Shareholders' Equity	6,209	5,157	5,845	6,589	6,284
Total Liabilities & Equity	16,212	14,064	14,155	14,756	15,025
Total Debt	2,448	2,856	2,002	1,896	1,901
Net Cash (Debt)	546	-1,718	-1,058	-533	-87
Net Cash Per Share	2.09	-8.03	-5.94	-2.94	-0.46
Filing Date Shares Outstanding	259.38	258.88	179.56	178.35	185.4
Total Common Shares Outstanding	259.38	258.36	178.47	176.97	184.1
Working Capital	1,704	1,519	1,375	2,246	1,803
Book Value Per Share	23.65	19.96	23.82	28.68	25.38
Tangible Book Value	6,133	4,979	4,068	4,902	4,493
Tangible Book Value Per Share	23.65	19.27	22.79	27.70	24.41
Land	-	233	257	253	264
Buildings	-	7,628	8,096	7,480	7,525
Machinery	-	11,077	11,459	11,352	11,676
Construction In Progress	-	612	569	520	288

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