LON:0QLL 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	801	810	902	1,227	1,088
Cash & Short-Term Investments	801	810	902	1,227	1,088
Cash Growth	-1.11%	-10.20%	-26.49%	12.78%	-29.30%
Accounts Receivable	2,322	2,443	2,719	2,594	2,377
Other Receivables	10	11	10	11	-
Receivables	2,332	2,454	2,729	2,605	2,377
Inventory	3,572	3,554	3,698	4,571	3,594
Prepaid Expenses	337	223	236	183	200
Restricted Cash	109	54	83	74	62
Other Current Assets	67	494	2	5	10
Total Current Assets	7,218	7,589	7,650	8,665	7,331
Property, Plant & Equipment	8,841	9,033	9,477	9,270	9,326
Long-Term Investments	44	110	22	60	72
Goodwill	42	756	781	1,014	1,004
Other Intangible Assets	663	805	969	1,004	1,039
Long-Term Deferred Tax Assets	348	1,686	1,630	1,443	1,596
Other Long-Term Assets	1,052	942	957	958	1,034
Total Assets	18,208	20,921	21,582	22,431	21,402
Accounts Payable	3,879	4,092	4,326	4,803	4,148
Accrued Expenses	600	630	690	663	710
Short-Term Debt	506	558	344	395	406
Current Portion of Long-Term Debt	353	822	439	220	325
Current Portion of Leases	207	210	210	207	222
Current Unearned Revenue	34	13	18	19	23
Other Current Liabilities	1,203	1,052	1,120	833	778
Total Current Liabilities	6,782	7,377	7,147	7,140	6,612
Long-Term Debt	5,078	6,141	6,573	7,020	6,411
Long-Term Leases	1,112	1,055	1,083	1,068	1,056
Long-Term Unearned Revenue	76	6	10	15	21
Pension & Post-Retirement Benefits	623	607	772	759	1,150
Long-Term Deferred Tax Liabilities	105	108	83	134	135
Other Long-Term Liabilities	1,029	804	1,077	829	833
Total Liabilities	14,805	16,098	16,745	16,965	16,218
Common Stock	286	285	284	283	282
Additional Paid-In Capital	3,175	3,159	3,133	3,117	3,107
Retained Earnings	3,360	5,081	5,086	5,775	5,573
Comprehensive Income & Other	-3,588	-3,844	-3,835	-3,875	-3,963
Total Common Equity	3,233	4,681	4,668	5,300	4,999
Minority Interest	170	142	169	166	185
Shareholders' Equity	3,403	4,823	4,837	5,466	5,184
Total Liabilities & Equity	18,208	20,921	21,582	22,431	21,402
Total Debt	7,256	8,786	8,649	8,910	8,420
Net Cash (Debt)	-6,455	-7,976	-7,747	-7,683	-7,332
Net Cash Per Share	-22.41	-27.69	-27.18	-26.86	-27.77
Filing Date Shares Outstanding	286.25	284.97	283.95	283.01	281.83
Total Common Shares Outstanding	286.25	284.97	283.79	282.9	281.79
Working Capital	436	212	503	1,525	719
Book Value Per Share	11.29	16.43	16.45	18.73	17.74
Tangible Book Value	2,528	3,120	2,918	3,282	2,956
Tangible Book Value Per Share	8.83	10.95	10.28	11.60	10.49
Land	429	444	461	449	552
Buildings	2,737	2,687	2,840	2,640	2,681
Machinery	15,285	15,234	15,664	14,838	14,893
Construction In Progress	1,150	1,300	1,340	1,173	785

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