Axalta Coating Systems 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	657	593	700	645.2	840.6
Trading Asset Securities	-	-	-	2.3	-
Cash & Short-Term Investments	657	593	700	647.5	840.6
Cash Growth	10.79%	-15.29%	8.11%	-22.97%	-38.23%
Accounts Receivable	1,054	1,055	1,082	949.9	796.5
Other Receivables	183	141	138	135	152.4
Receivables	1,269	1,288	1,299	1,108	973.6
Inventory	756	734	741	829.6	669.7
Prepaid Expenses	125	93	70	58	50.8
Restricted Cash	3	3	3	9.7	10.6
Other Current Assets	5	12	8	39.9	30.3
Total Current Assets	2,815	2,723	2,821	2,693	2,576
Property, Plant & Equipment	1,411	1,280	1,309	1,293	1,290
Long-Term Investments	1	1	-	-	0.7
Goodwill	1,795	1,640	1,591	1,498	1,593
Other Intangible Assets	1,147	1,149	1,130	1,112	1,278
Long-Term Accounts Receivable	-	15	-	-	-
Long-Term Deferred Tax Assets	119	164	170	165.2	181.5
Other Long-Term Assets	311	277	251	298.2	298.1
Total Assets	7,599	7,249	7,272	7,059	7,217
Accounts Payable	637	659	725	733.5	657.4
Accrued Expenses	606	573	564	470.3	475.7
Short-Term Debt	3	3	7	16	55.4
Current Portion of Long-Term Debt	14	14	16	12.5	44.5
Current Portion of Leases	34	30	34	30.9	31.3
Current Income Taxes Payable	49	29	37	36.7	30.8
Other Current Liabilities	26	46	45	84.8	39.8
Total Current Liabilities	1,369	1,354	1,428	1,385	1,335
Long-Term Debt	3,132	3,350	3,424	3,615	3,693
Long-Term Leases	128	124	130	134.4	137.7
Pension & Post-Retirement Benefits	238	220	252	205.1	269.3
Long-Term Deferred Tax Liabilities	171	151	162	162.1	174.7
Other Long-Term Liabilities	168	94	103	58.6	68.5
Total Liabilities	5,206	5,293	5,499	5,560	5,679
Common Stock	255	255	254	252.4	251.8
Additional Paid-In Capital	1,621	1,599	1,568	1,537	1,516
Retained Earnings	2,055	1,677	1,286	1,019	827.2
Treasury Stock	-1,202	-1,037	-937	-887.3	-687.2
Comprehensive Income & Other	-383	-582	-444	-466.9	-414.4
Total Common Equity	2,346	1,912	1,727	1,454	1,493
Minority Interest	47	44	46	46	45.8
Shareholders' Equity	2,393	1,956	1,773	1,500	1,539
Total Liabilities & Equity	7,599	7,249	7,272	7,059	7,217
Total Debt	3,311	3,521	3,611	3,809	3,962
Net Cash (Debt)	-2,654	-2,928	-2,911	-3,161	-3,122
Net Cash Per Share	-12.23	-13.28	-13.12	-14.22	-13.46
Filing Date Shares Outstanding	213.37	218.14	220.14	221.05	224.53
Total Common Shares Outstanding	213.4	218.1	220.1	220.6	227.4
Working Capital	1,446	1,369	1,393	1,308	1,241
Book Value Per Share	10.99	8.77	7.85	6.59	6.57
Tangible Book Value	-596	-877	-994	-1,157	-1,378
Tangible Book Value Per Share	-2.79	-4.02	-4.52	-5.24	-6.06
Land	76	72	76	75.3	77.6
Buildings	575	517	526	508.3	515
Machinery	1,549	1,403	1,409	1,337	1,342
Construction In Progress	172	116	85	187.9	105.9

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