PHINIA 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	359	484	365	251	259
Short-Term Investments	-	-	-	3	3
Cash & Short-Term Investments	359	484	365	254	262
Cash Growth	-25.83%	32.60%	43.70%	-3.05%	-
Accounts Receivable	614	565	647	613	667
Other Receivables	190	252	370	278	112
Receivables	804	817	1,017	891	902
Inventory	473	444	487	459	417
Prepaid Expenses	66	55	32	14	13
Other Current Assets	60	41	26	23	30
Total Current Assets	1,762	1,841	1,927	1,641	1,624
Property, Plant & Equipment	924	897	984	1,004	1,057
Long-Term Investments	65	56	52	46	42
Goodwill	509	471	499	490	496
Other Intangible Assets	398	374	417	432	470
Long-Term Deferred Tax Assets	61	43	61	157	180
Other Long-Term Assets	98	86	101	304	313
Total Assets	3,817	3,768	4,041	4,074	4,182
Accounts Payable	510	522	653	686	632
Accrued Expenses	160	161	141	114	85
Short-Term Debt	2	-	75	99	120
Current Portion of Long-Term Debt	-	24	14	-	-
Current Portion of Leases	20	18	17	18	19
Current Income Taxes Payable	18	35	39	28	20
Current Unearned Revenue	7	3	6	3	-
Other Current Liabilities	230	206	203	222	298
Total Current Liabilities	947	969	1,148	1,170	1,174
Long-Term Debt	964	962	709	26	948
Long-Term Leases	34	40	49	69	54
Long-Term Unearned Revenue	18	11	7	-	-
Pension & Post-Retirement Benefits	141	112	132	79	54
Long-Term Deferred Tax Liabilities	53	55	56	46	54
Other Long-Term Liabilities	73	45	53	1,041	186
Total Liabilities	2,230	2,194	2,154	2,431	2,470
Common Stock	1	1	1	-	1,647
Additional Paid-In Capital	1,978	1,976	2,031	-	-
Retained Earnings	132	44	9	-	-
Treasury Stock	-426	-230	-23	-	-
Comprehensive Income & Other	-98	-217	-131	1,643	62
Total Common Equity	1,587	1,574	1,887	1,643	1,709
Minority Interest	-	-	-	-	3
Shareholders' Equity	1,587	1,574	1,887	1,643	1,712
Total Liabilities & Equity	3,817	3,768	4,041	4,074	4,182
Total Debt	1,020	1,044	864	212	1,141
Net Cash (Debt)	-661	-560	-499	42	-879
Net Cash Per Share	-16.48	-12.50	-10.62	0.89	-18.70
Filing Date Shares Outstanding	37.92	40.81	46.16	47	47
Total Common Shares Outstanding	37.92	41.64	46.16	47	47
Working Capital	815	872	779	471	450
Book Value Per Share	41.86	37.80	40.88	34.96	-
Tangible Book Value	680	729	971	721	743
Tangible Book Value Per Share	17.93	17.51	21.03	15.34	-
Land	258	236	250	228	237
Machinery	1,194	1,066	1,073	982	939
Construction In Progress	93	84	79	81	86

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