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	1,229	1,059	1,082	949.9	796.5
Other Receivables	-	141	138	135	152.4
Receivables	1,229	1,292	1,299	1,108	973.6
Inventory	756	734	741	829.6	669.7
Prepaid Expenses	170	89	70	58	50.8
Restricted Cash	3	3	3	9.7	10.6
Other Current Assets	-	12	8	39.9	30.3
Total Current Assets	2,815	2,723	2,821	2,693	2,576
Property, Plant & Equipment	1,299	1,280	1,309	1,293	1,290
Long-Term Investments	-	-	-	-	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	-	164	170	165.2	181.5
Other Long-Term Assets	543	278	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	712	546	564	470.3	475.7
Short-Term Debt	-	3	7	16	55.4
Current Portion of Long-Term Debt	20	14	16	12.5	44.5
Current Portion of Leases	-	30	34	30.9	31.3
Current Income Taxes Payable	-	29	37	36.7	30.8
Other Current Liabilities	-	73	45	84.8	39.8
Total Current Liabilities	1,369	1,354	1,428	1,385	1,335
Long-Term Debt	3,179	3,350	3,424	3,615	3,693
Long-Term Leases	-	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	249	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	3,199	3,521	3,611	3,809	3,962
Net Cash (Debt)	-2,542	-2,928	-2,911	-3,161	-3,122
Net Cash Per Share	-11.71	-13.28	-13.12	-14.22	-13.46
Filing Date Shares Outstanding	213.4	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	-	72	76	75.3	77.6
Buildings	-	517	526	508.3	515
Machinery	-	1,403	1,409	1,337	1,342
Construction In Progress	-	116	85	187.9	105.9

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