Celanese Corporation Celanese Corporation (CE) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5461,488503470608668997
Cash and cash equivalents536955463439576638967
Short-term investments105334031323030
Receivables1,6671,2421,1811,3181,2301,0241,014
Inventory, net of allowances, customer advances and progress billings1,5249781,0381,046900720682
Inventory1,5249781,0381,046900720682
Other current assets70554340546049
Other undisclosed current assets      45
Total current assets:3,8073,7632,7652,8742,7922,4722,787
Noncurrent Assets
Operating lease, right-of-use asset236232203
Property, plant and equipment4,1933,9393,7133,7193,7623,5773,609
Long-term investments and receivables823820975979976852838
Long-term investments823820975979976852838
Intangible assets, net (including goodwill)2,1471,4851,3861,3671,304990830
Goodwill1,4121,1661,0741,0571,003796705
Intangible assets, net (excluding goodwill)735319312310301194125
Deferred income tax assets24825996
Other noncurrent assets521411338290338307300
Other undisclosed noncurrent assets   84366159222
Total noncurrent assets:8,1687,1466,7116,4396,7465,8855,799
TOTAL ASSETS:11,97510,9099,4769,3139,5388,3578,586
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,241797797875879637677
Accounts payable1,160797780819807625587
Taxes payable81 1756721290
Debt791496496561326118513
Deferred tax liabilities   30
Other liabilities473680461343354322330
Total current liabilities:2,5051,9731,7541,7791,5591,0771,550
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,1763,2273,4092,9703,3152,8902,468
Long-term debt, excluding current maturities  3,4092,9703,3152,8902,468
Finance lease, liability 171118
Operating lease, liability200208181
Other undisclosed long-term debt and lease obligation2,9762,848(299)    
Liabilities, other than long-term debt1,5571,6069771,1851,3651,3691,739
Deferred tax liabilities, net255211130136
Deferred income tax liabilities555509 
Liability for uncertainty in income taxes280240165158156131167
Liability, pension and other postretirement and postemployment benefits5586435895645858931,189
Other liabilities164214223208413215247
Other undisclosed noncurrent liabilities200208438    
Total noncurrent liabilities:4,9335,0414,8244,1554,6804,2594,207
Total liabilities:7,4387,0146,5785,9346,2395,3365,757
Stockholders' equity
Stockholders' equity attributable to parent4,1893,5262,5072,9842,8872,5882,378
Treasury stock, value(5,492)(4,494)(3,846)(2,849)(2,031)(1,531)(1,031)
Additional paid in capital333257254233175157136
Accumulated other comprehensive loss(329)(328)(300)(247)(177)(358)(348)
Retained earnings9,6778,0916,3995,8474,9204,3203,621
Stockholders' equity attributable to noncontrolling interest348369391395412433451
Total stockholders' equity:4,5373,8952,8983,3793,2993,0212,829
TOTAL LIABILITIES AND EQUITY:11,97510,9099,4769,3139,5388,3578,586

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues8,5375,6556,2977,1556,1405,3895,674
Revenue, net6,1405,3895,674
Cost of revenue
(Cost of Goods and Services Sold)
(5,855)(4,362)(4,691)(5,183)(4,625)(3,984)(4,356)
Gross profit:2,6821,2931,6061,9721,5151,4051,318
Operating expenses(744)(578)(574)(642)(554)(503)(762)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)
3(39)(203)9(60)(11) 
Other undisclosed operating income (loss)5(12)5(5) 2(230)
Operating income:1,9466648341,334901893326
Nonoperating income1501,545111131113108100
Investment income, nonoperating1551,540119123110110108
Interest and debt expense(100)(109)(119)(126)(122)(126)(119)
Income from continuing operations before equity method investments, income taxes:1,9962,1008261,339892875307
Income from equity method investments146134182233183155181
Other undisclosed income (loss) from continuing operations before income taxes10617(20)(62)   
Income from continuing operations before income taxes:2,2482,2519881,5101,0751,030488
Income tax expense(330)(247)(124)(292)(213)(122)(201)
Income from continuing operations:1,9182,0048641,218862908287
Loss from discontinued operations(22)(12)(6)(5)(13)(2)(2)
Net income:1,8961,9928581,213849906285
Net income (loss) attributable to noncontrolling interest(6)(7)(6)(6)(6)(6)19
Net income available to common stockholders, diluted:1,8901,9858521,207843900304

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1,8961,9928581,213849906285
Other comprehensive income (loss)(1)(28)(53)(70)181(10)(183)
Comprehensive income:1,8951,9648051,1431,030896102
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)(7)(6)(6)(6)(6)19
Comprehensive income, net of tax, attributable to parent:1,8891,9577991,1371,024890121

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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