Chemours Co (CC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1007 MARKET STREET WILMINGTON, DE 19801 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 28 - Chemicals And Allied Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 713 | 1,203 | 1,102 | 1,451 | 1,105 | 943 | |||
| Cash and cash equivalent | 713 | 1,203 | 1,102 | 1,451 | 1,105 | 943 | |||
| Restricted cash and investments | 604 | ||||||||
| Receivables | 770 | 610 | 626 | 720 | 511 | 674 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,472 | 1,352 | 1,404 | 1,099 | 939 | 1,079 | |||
| Inventory | 1,472 | 1,352 | 1,404 | 1,099 | 939 | 1,079 | |||
| Prepaid expense | 71 | 66 | 82 | 75 | 78 | 81 | |||
| Total current assets: | 3,026 | 3,835 | 3,214 | 3,345 | 2,633 | 2,777 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 258 | 260 | 240 | 227 | 236 | 294 | |||
| Property, plant and equipment | 3,183 | 3,216 | 3,171 | 3,154 | 3,474 | 3,559 | |||
| Long-term investments and receivables | 152 | 158 | 175 | 169 | 167 | 162 | |||
| Long-term investments | 152 | 158 | 175 | 169 | 167 | 162 | |||
| Intangible assets, net (including goodwill), including: | 49 | 105 | 115 | 108 | 167 | 174 | |||
| Goodwill | 46 | 102 | 102 | 102 | 153 | (4) | |||
| Intangible assets, net (excluding goodwill) | 3 | 3 | 13 | 6 | 14 | 21 | |||
| Other undisclosed intangible assets, net (including goodwill) | 157 | ||||||||
| Restricted cash and investments | 50 | 202 | 100 | ||||||
| Other noncurrent assets | 797 | 677 | 523 | 447 | 405 | 292 | |||
| Total noncurrent assets: | 4,489 | 4,416 | 4,426 | 4,205 | 4,449 | 4,481 | |||
| TOTAL ASSETS: | 7,515 | 8,251 | 7,640 | 7,550 | 7,082 | 7,258 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,535 | 2,217 | 1,551 | 1,660 | 1,421 | 1,407 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 173 | ||||
| Accounts payable | 1,142 | 1,159 | 1,251 | 1,162 | 844 | 923 | |||
| Accrued liabilities | 393 | 1,058 | 300 | 325 | 577 | 484 | |||
| Debt | 54 | 51 | 25 | 25 | 21 | 134 | |||
| Accrued environmental loss contingencies | 115 | 129 | 194 | 173 | |||||
| Other undisclosed current liabilities | 99 | 89 | 121 | ||||||
| Total current liabilities: | 1,803 | 2,486 | 1,891 | 1,858 | 1,442 | 1,541 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 4,054 | 3,987 | 3,590 | 3,724 | 4,005 | 4,026 | |||
| Long-term debt, excluding current maturities | 4,054 | 3,987 | 3,590 | 3,724 | 4,005 | 4,026 | |||
| Finance lease, liability | 33 | 46 | 49 | 60 | 67 | 54 | |||
| Other undisclosed long-term debt and lease obligation | (33) | (46) | (49) | (239) | (261) | (299) | |||
| Liabilities, other than long-term debt | 1,053 | 1,039 | 1,052 | 707 | 626 | 633 | |||
| Deferred income tax liabilities | 35 | 44 | 61 | 49 | 36 | ||||
| Accrued environmental loss contingencies | 456 | 461 | 474 | 389 | |||||
| Other liabilities | 368 | 328 | 319 | 269 | 590 | 633 | |||
| Operating lease, liability | 194 | 206 | 198 | 179 | 194 | 245 | |||
| Other undisclosed noncurrent liabilities | 179 | 194 | 363 | ||||||
| Total noncurrent liabilities: | 5,107 | 5,026 | 4,642 | 4,610 | 4,825 | 5,022 | |||
| Total liabilities: | 6,910 | 7,512 | 6,533 | 6,468 | 6,267 | 6,563 | |||
| Equity | |||||||||
| Equity, attributable to parent | 604 | 737 | 1,107 | 1,081 | 813 | 689 | |||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Treasury stock, value | (1,804) | (1,806) | (1,738) | (1,247) | (1,072) | (1,072) | |||
| Additional paid in capital | 1,055 | 1,033 | 1,016 | 944 | 890 | 859 | |||
| Accumulated other comprehensive loss | (367) | (274) | (343) | (364) | (310) | (349) | |||
| Retained earnings | 1,718 | 1,782 | 2,170 | 1,746 | 1,303 | 1,249 | |||
| Equity, attributable to noncontrolling interest | 1 | 2 | 1 | 2 | 6 | ||||
| Total equity: | 605 | 739 | 1,107 | 1,082 | 815 | 695 | |||
| TOTAL LIABILITIES AND EQUITY: | 7,515 | 8,251 | 7,640 | 7,550 | 7,082 | 7,258 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,782 | 6,027 | 6,794 | 6,345 | 4,969 | 5,526 | ||
| Cost of revenue (Cost of Product and Service Sold) | (4,631) | (4,721) | (5,178) | (4,964) | (3,902) | (4,463) | ||
| Gross profit: | 1,151 | 1,306 | 1,616 | 1,381 | 1,067 | 1,063 | ||
| Operating expenses | (810) | (1,551) | (844) | (705) | (700) | (715) | ||
| Operating income (loss): | 341 | (245) | 772 | 676 | 367 | 348 | ||
| Nonoperating income (expense) | 8 | 91 | 70 | 163 | 21 | (293) | ||
| Investment income, nonoperating | ||||||||
| Other nonoperating income (expense) | 8 | 91 | 70 | 163 | 21 | (293) | ||
| Interest and debt expense | (1) | (209) | (156) | (206) | (232) | (208) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 348 | (363) | 686 | 633 | 156 | (153) | ||
| Income from equity method investments | 43 | 45 | 55 | 43 | 23 | 29 | ||
| Other undisclosed loss from continuing operations before income taxes | (264) | |||||||
| Income (loss) from continuing operations before income taxes: | 127 | (318) | 741 | 676 | 179 | (124) | ||
| Income tax expense (benefit) | (41) | 81 | (163) | (68) | 40 | 72 | ||
| Income (loss) from continuing operations: | 86 | (237) | 578 | 608 | 219 | (52) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 608 | 219 | (52) | |
| Other undisclosed net loss | ||||||||
| Net income (loss): | 86 | (237) | 578 | 608 | 219 | (52) | ||
| Net income attributable to noncontrolling interest | 1 | |||||||
| Other undisclosed net loss attributable to parent | (2) | |||||||
| Net income (loss) available to common stockholders, diluted: | 86 | (238) | 578 | 608 | 219 | (52) | ||
Comprehensive Income ($ in millions)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 86 | (237) | 578 | 608 | 219 | (52) | ||
| Other comprehensive income (loss) | (144) | 102 | (20) | (122) | 115 | 204 | ||
| Other undisclosed comprehensive income (loss) | 51 | (33) | 41 | 68 | (76) | 11 | ||
| Comprehensive income (loss): | (7) | (168) | 599 | 554 | 258 | 163 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (7) | (169) | 599 | 554 | 258 | 163 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.