Century Aluminum Company (CENX) financial statements (2020 and earlier)

Company profile

Business Address 1 SOUTH WACKER DRIVE
CHICAGO, IL 60606
State of Incorp. DE
Fiscal Year End December 31
SIC 3334 - Primary Production of Aluminum (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2339167132115163
Cash and cash equivalents2339167132115163
Receivables105105532927118
Inventory, net of allowances, customer advances and progress billings322344317234232283
Inventory322344317234232283
Prepaid expense     20
Assets held-for-sale, not part of disposal group   2231
Other undisclosed current assets241916234315
Total current assets:474507554441448599
Noncurrent Assets
Operating lease, right-of-use asset24
Property, plant and equipment9509679721,0261,2321,291
Long-term investments and receivables1     
Due from related parties1     
Prepaid expense     2
Assets held-in-trust     27
Other noncurrent assets4264567372124
Other undisclosed noncurrent assets     (29)
Total noncurrent assets:1,0181,0311,0281,1001,3041,415
TOTAL ASSETS:1,4921,5381,5821,5401,7522,014
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities189183162156149179
Accounts payable11211990959039
Accrued liabilities6653615049105
Employee-related liabilities111111111020
Taxes payable     14
Interest and dividends payable     2
Debt3     
Asset retirement obligation     6
Due to related parties151020151022
Deferred tax liabilities    2
Other undisclosed current liabilities53188886
Total current liabilities:212224191179167296
Noncurrent Liabilities
Long-term debt and lease obligation271249248248247247
Long-term debt, excluding current maturities249249248248247247
Operating lease, liability22
Liabilities, other than long-term debt319302313357320424
Accounts payable and accrued liabilities     7
Asset retirement obligations     31
Deferred tax liabilities, net10410310997114
Deferred income tax liabilities99
Liability, pension and other postretirement and postemployment benefits150152152176170213
Due to related parties25     
Other liabilities454658725353
Business combination, contingent consideration, liability     6
Other undisclosed noncurrent liabilities     (44)
Total noncurrent liabilities:590551561605567627
Total liabilities:802775752784735923
Stockholders' equity
Stockholders' equity attributable to parent6907628307571,0181,091
Preferred stock  0000
Common stock111111
Treasury stock, value(86)(86)(86)(86)(86)(50)
Additional paid in capital2,5252,5232,5172,5152,5142,510
Accumulated other comprehensive loss(98)(99)(92)(114)(113)(118)
Accumulated deficit(1,652)(1,577)(1,511)(1,559)(1,298)(1,252)
Total stockholders' equity:6907628307571,0181,091
TOTAL LIABILITIES AND EQUITY:1,4921,5381,5821,5401,7522,014

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,8881,8931,5891,3191,9501,931
Revenue, net1,5891,3191,9501,931
Revenue from related parties1,2191,205
Other operating income669689    
Cost of revenue
(Cost of Goods and Services Sold)
(1,978)(1,916)(1,460)(1,330)(1,909)(1,727)
Other undisclosed gross profit     (1)
Gross profit:(90)(23)129(11)41202
Operating expenses(47)(40)(45)(67)(73)(51)
Other operating expense, net(1)(0)(2)(4)(7)(12)
Other undisclosed operating income (loss)(0)513(152) 2
Operating income (loss):(138)(59)94(234)(39)141
Nonoperating income (expense)149(18)511
Investment income, nonoperating146(17)320
Other nonoperating income (expense)(0)3(1)1(0)1
Interest and debt expense(23)(22)(22)(22)(22)(22)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(1)2111910
Income (loss) from continuing operations before equity method investments, income taxes:(147)(71)55(251)(41)129
Income (loss) from equity method investments(3)41131
Income (loss) from continuing operations before income taxes:(150)(66)56(250)(38)131
Income tax expense (benefit)90(8)(3)(9)(18)
Net income (loss):(141)(66)49(252)(48)112
Other undisclosed net income (loss) attributable to parent0   (12) 
Net income (loss) attributable to parent:(141)(66)49(252)(59)112
Other undisclosed net loss available to common stockholders, basic  (4)  (9)
Net income (loss) available to common stockholders, diluted:(141)(66)45(252)(59)103

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(141)(66)49(252)(48)112
Other comprehensive income (loss)(8)(7)22(1)5(39)
Other undisclosed comprehensive income (loss)0   (12) 
Comprehensive income (loss), net of tax, attributable to parent:(149)(73)71(254)(54)74

Statements sources

The financial statements are based on the company's filings with the 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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