Celanese Corporation Celanese Corporation (CE) Financial Statements (2024 and earlier)

Company Profile

Business Address 222 W. LAS COLINAS BLVD., SUITE 900N
IRVING, TX 75039-5421
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 282 - Plastics Materials And Synthetic Resins, Synthetic (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,5085461,488503470608
Cash and cash equivalents 1,508536955463439576
Short-term investments  10533403132
Receivables2,0541,6671,2421,1811,3181,230
Inventory, net of allowances, customer advances and progress billings2,8081,5249781,0381,046900
Inventory2,8081,5249781,0381,046900
Other current assets2417055434054
Other undisclosed current assets      
Total current assets:6,6113,8073,7632,7652,8742,792
Noncurrent Assets
Operating lease, right-of-use asset413236232203
Property, plant and equipment5,5844,1933,9393,7133,7193,762
Long-term investments and receivables1,062823820975979976
Long-term investments1,062823820975979976
Intangible assets, net (including goodwill)11,2472,1471,4851,3861,3671,304
Goodwill7,1421,4121,1661,0741,0571,003
Intangible assets, net (excluding goodwill)4,105735319312310301
Deferred income tax assets80824825996
Other noncurrent assets547521411338290338
Other undisclosed noncurrent assets     84366
Total noncurrent assets:19,6618,1687,1466,7116,4396,746
TOTAL ASSETS:26,27211,97510,9099,4769,3139,538
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,5611,241797797875879
Taxes payable81 175672
Accounts payable1,5181,160797780819807
Accrued liabilities43     
Debt1,306791496496561326
Other liabilities1,201473680461343354
Total current liabilities:4,0682,5051,9731,7541,7791,559
Noncurrent Liabilities
Long-term debt and lease obligation, including:13,3733,1763,2273,4092,9703,315
Long-term debt, excluding current maturities   3,4092,9703,315
Finance lease, liability 147 171118
Other undisclosed long-term debt and lease obligation 13,2262,9762,848(299)  
Liabilities, other than long-term debt2,7261,5571,6069771,1851,365
Deferred tax liabilities, net255211
Deferred income tax liabilities1,242555509 
Liability for uncertainty in income taxes322280240165158156
Liability, pension and other postretirement and postemployment benefits411558643589564585
Other liabilities387164214223208413
Operating lease, liability364200208181
Other undisclosed noncurrent liabilities  200208438  
Total noncurrent liabilities:16,0994,9335,0414,8244,1554,680
Total liabilities:20,1677,4387,0146,5785,9346,239
Equity
Equity, attributable to parent5,6374,1893,5262,5072,9842,887
Treasury stock, value(5,491)(5,492)(4,494)(3,846)(2,849)(2,031)
Additional paid in capital372333257254233175
Accumulated other comprehensive loss(518)(329)(328)(300)(247)(177)
Retained earnings11,2749,6778,0916,3995,8474,920
Equity, attributable to noncontrolling interest468348369391395412
Total equity:6,1054,5373,8952,8983,3793,299
TOTAL LIABILITIES AND EQUITY:26,27211,97510,9099,4769,3139,538

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues9,6738,5375,6556,2977,1556,140
Revenue, net6,140
Cost of revenue
(Cost of Goods and Services Sold)
(7,293)(5,855)(4,362)(4,691)(5,183)(4,625)
Gross profit:2,3802,6821,2931,6061,9721,515
Operating expenses(998)(744)(578)(574)(642)(554)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)
(8)3(39)(203)9(60)
Other undisclosed operating income (loss)45(12)5(5) 
Operating income:1,3781,9466648341,334901
Nonoperating income2111501,545111131113
Investment income, nonoperating2021551,540119123110
Interest and debt expense(405)(100)(109)(119)(126)(122)
Income from continuing operations before equity method investments, income taxes:1,1841,9962,1008261,339892
Income from equity method investments220146134182233183
Other undisclosed income (loss) from continuing operations before income taxes1710617(20)(62) 
Income from continuing operations before income taxes:1,4212,2482,2519881,5101,075
Income tax expense (benefit)489(330)(247)(124)(292)(213)
Income from continuing operations:1,9101,9182,0048641,218862
Income before gain (loss) on sale of properties:1,8961,9928581,213849
Loss from discontinued operations(8)(22)(12)(6)(5)(13)
Net income:1,9021,8961,9928581,213849
Net loss attributable to noncontrolling interest(8)(6)(7)(6)(6)(6)
Net income available to common stockholders, diluted:1,8941,8901,9858521,207843

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:1,9021,8961,9928581,213849
Other comprehensive income (loss)(189)(1)(28)(53)(70)181
Comprehensive income:1,7131,8951,9648051,1431,030
Comprehensive loss, net of tax, attributable to noncontrolling interest(8)(6)(7)(6)(6)(6)
Comprehensive income, net of tax, attributable to parent:1,7051,8891,9577991,1371,024

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.

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