Axalta Coating Systems Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	606	593	700	645.2	840.6	1,361
Trading Asset Securities	-	-	-	2.3	-	-
Cash & Short-Term Investments	606	593	700	647.5	840.6	1,361
Cash Growth	6.88%	-15.29%	8.11%	-22.97%	-38.23%	33.75%
Accounts Receivable	1,170	1,059	1,082	949.9	796.5	775.5
Other Receivables	154	141	138	135	152.4	101.2
Receivables	1,407	1,292	1,299	1,108	973.6	907
Inventory	829	734	741	829.6	669.7	559.9
Prepaid Expenses	136	89	70	58	50.8	78.3
Restricted Cash	4	3	3	9.7	10.6	3.1
Other Current Assets	9	12	8	39.9	30.3	16.7
Total Current Assets	2,991	2,723	2,821	2,693	2,576	2,926
Property, Plant & Equipment	1,279	1,280	1,309	1,293	1,290	1,296
Long-Term Investments	1	-	-	-	0.7	0.8
Goodwill	1,769	1,640	1,591	1,498	1,593	1,295
Other Intangible Assets	1,141	1,149	1,130	1,112	1,278	1,149
Long-Term Accounts Receivable	-	15	-	-	-	-
Long-Term Deferred Tax Assets	-	164	170	165.2	181.5	223.6
Other Long-Term Assets	579	278	251	298.2	298.1	267.4
Total Assets	7,760	7,249	7,272	7,059	7,217	7,157
Accounts Payable	691	659	725	733.5	657.4	564.4
Accrued Expenses	596	546	564	470.3	475.7	457
Short-Term Debt	3	3	7	16	55.4	29.9
Current Portion of Long-Term Debt	17	14	16	12.5	44.5	21.1
Current Portion of Leases	-	30	34	30.9	31.3	32
Current Income Taxes Payable	-	29	37	36.7	30.8	30.3
Other Current Liabilities	53	73	45	84.8	39.8	46.2
Total Current Liabilities	1,360	1,354	1,428	1,385	1,335	1,181
Long-Term Debt	3,382	3,350	3,424	3,615	3,693	3,809
Long-Term Leases	-	124	130	134.4	137.7	136.4
Pension & Post-Retirement Benefits	240	220	252	205.1	269.3	309.9
Long-Term Deferred Tax Liabilities	164	151	162	162.1	174.7	114
Other Long-Term Liabilities	289	94	103	58.6	68.5	127.4
Total Liabilities	5,435	5,293	5,499	5,560	5,679	5,677
Common Stock	255	255	254	252.4	251.8	250.9
Additional Paid-In Capital	1,615	1,599	1,568	1,537	1,516	1,487
Retained Earnings	1,995	1,677	1,286	1,019	827.2	563.3
Treasury Stock	-1,202	-1,037	-937	-887.3	-687.2	-443.5
Comprehensive Income & Other	-384	-582	-444	-466.9	-414.4	-424.8
Total Common Equity	2,279	1,912	1,727	1,454	1,493	1,433
Minority Interest	46	44	46	46	45.8	46.8
Shareholders' Equity	2,325	1,956	1,773	1,500	1,539	1,480
Total Liabilities & Equity	7,760	7,249	7,272	7,059	7,217	7,157
Total Debt	3,402	3,521	3,611	3,809	3,962	4,028
Net Cash (Debt)	-2,796	-2,928	-2,911	-3,161	-3,122	-2,667
Net Cash Per Share	-12.81	-13.28	-13.12	-14.22	-13.46	-11.30
Filing Date Shares Outstanding	213.34	218.14	220.14	221.05	224.53	233.97
Total Common Shares Outstanding	213.3	218.1	220.1	220.6	227.4	234.8
Working Capital	1,631	1,369	1,393	1,308	1,241	1,745
Book Value Per Share	10.68	8.77	7.85	6.59	6.57	6.10
Tangible Book Value	-631	-877	-994	-1,157	-1,378	-1,011
Tangible Book Value Per Share	-2.96	-4.02	-4.52	-5.24	-6.06	-4.30
Land	-	72	76	75.3	77.6	81.5
Buildings	-	517	526	508.3	515	545.1
Machinery	-	1,403	1,409	1,337	1,342	1,377
Construction In Progress	-	116	85	187.9	105.9	122.2

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