Celanese Corporation (CE) financial statements (2021 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
SIC 282 - Plastics Materials And Synthetic Resins, Synthetic (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,488503470608668997812
Cash and cash equivalents955463439576638967780
Short-term investments533403132303032
Receivables1,2421,1811,3181,2301,0241,0141,145
Inventory, net of allowances, customer advances and progress billings9781,0381,046900720682782
Inventory9781,0381,046900720682782
Other current assets55434054604933
Other undisclosed current assets     45(74)
Total current assets:3,7632,7652,8742,7922,4722,7872,698
Noncurrent Assets
Operating lease, right-of-use asset232203
Property, plant and equipment3,9393,7133,7193,7623,5773,6093,733
Long-term investments and receivables820975979976852838876
Long-term investments820975979976852838876
Intangible assets, net (including goodwill)1,4851,3861,3671,304990830881
Goodwill1,1661,0741,0571,003796705749
Intangible assets, net (excluding goodwill)319312310301194125132
Deferred income tax assets25996
Other noncurrent assets411338290338307300377
Other undisclosed noncurrent assets  84366159222253
Total noncurrent assets:7,1466,7116,4396,7465,8855,7996,120
TOTAL ASSETS:10,9099,4769,3139,5388,3578,5868,818
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities797797875879637677976
Accounts payable797780819807625587757
Accrued liabilities      53
Employee-related liabilities      129
Taxes payable 175672129018
Interest and dividends payable      19
Debt496496561326118513137
Derivative instruments and hedges, liabilities      13
Restructuring reserve      21
Liability for uncertainty in income taxes      59
Accrued environmental loss contingencies      21
Asset retirement obligation      9
Due to related parties      61
Deferred tax liabilities   307
Other liabilities680461343354322330432
Other undisclosed current liabilities      (398)
Total current liabilities:1,9731,7541,7791,5591,0771,5501,338
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,2273,4092,9703,3152,8902,4682,608
Long-term debt, excluding current maturities 3,4092,9703,3152,8902,4682,608
Finance lease, liability171118
Operating lease, liability208181
Other undisclosed long-term debt and lease obligation2,848(299)     
Liabilities, other than long-term debt1,6069771,1851,3651,3691,7391,976
Deferred revenue and credits   68
Accounts payable and accrued liabilities      13
Asset retirement obligations      28
Deferred tax liabilities, net255211130136141
Deferred income tax liabilities509 
Liability for uncertainty in income taxes240165158156131167159
Liability, pension and other postretirement and postemployment benefits6435895645858931,1891,211
Accrued environmental loss contingencies      63
Other liabilities214223208413215247283
Derivative instruments and hedges, liabilities      10
Other undisclosed noncurrent liabilities208438    (182)
Total noncurrent liabilities:5,0414,8244,1554,6804,2594,2074,402
Total liabilities:7,0146,5785,9346,2395,3365,7575,740
Stockholders' equity
Stockholders' equity attributable to parent3,5262,5072,9842,8872,5882,3782,818
Treasury stock, value(4,494)(3,846)(2,849)(2,031)(1,531)(1,031)(611)
Additional paid in capital257254233175157136103
Accumulated other comprehensive loss(328)(300)(247)(177)(358)(348)(165)
Retained earnings8,0916,3995,8474,9204,3203,6213,491
Stockholders' equity attributable to noncontrolling interest369391395412433451260
Total stockholders' equity:3,8952,8983,3793,2993,0212,8293,078
TOTAL LIABILITIES AND EQUITY:10,9099,4769,3139,5388,3578,5868,818

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues5,6556,2977,1556,1405,3895,6746,802
Revenue, net6,1405,3895,6746,802
Cost of revenue
(Cost of Goods and Services Sold)
(4,362)(4,691)(5,183)(4,625)(3,984)(4,356)(5,186)
Gross profit:1,2931,6061,9721,5151,4051,3181,616
Operating expenses(578)(574)(642)(554)(503)(762)(873)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)
(39)(203)9(60)(11)  
Other undisclosed operating income (loss)(12)5(5) 2(230)15
Operating income:6648341,334901893326758
Nonoperating income1,545111131113108100111
Investment income, nonoperating1,540119123110110108117
Interest and debt expense(109)(119)(126)(122)(126)(119)(176)
Income from continuing operations before equity method investments, income taxes:2,1008261,339892875307693
Income from equity method investments134182233183155181246
Other undisclosed income (loss) from continuing operations before income taxes17(20)(62)   2
Income from continuing operations before income taxes:2,2519881,5101,0751,030488941
Income tax expense(247)(124)(292)(213)(122)(201)(314)
Income from continuing operations:2,0048641,218862908287627
Loss from discontinued operations(12)(6)(5)(13)(2)(2)(7)
Net income:1,9928581,213849906285620
Net income (loss) attributable to noncontrolling interest(7)(6)(6)(6)(6)194
Net income available to common stockholders, diluted:1,9858521,207843900304624

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,9928581,213849906285620
Other comprehensive income (loss)(28)(53)(70)181(10)(183)(161)
Comprehensive income:1,9648051,1431,030896102459
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(7)(6)(6)(6)(6)194
Comprehensive income, net of tax, attributable to parent:1,9577991,1371,024890121463

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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