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 investments | 1,488 | 503 | 470 | 608 | 668 | 997 | 812 | ||
| Cash and cash equivalents | 955 | 463 | 439 | 576 | 638 | 967 | 780 | ||
| Short-term investments | 533 | 40 | 31 | 32 | 30 | 30 | 32 | ||
| Receivables | 1,242 | 1,181 | 1,318 | 1,230 | 1,024 | 1,014 | 1,145 | ||
| Inventory, net of allowances, customer advances and progress billings | 978 | 1,038 | 1,046 | 900 | 720 | 682 | 782 | ||
| Inventory | 978 | 1,038 | 1,046 | 900 | 720 | 682 | 782 | ||
| Other current assets | 55 | 43 | 40 | 54 | 60 | 49 | 33 | ||
| Other undisclosed current assets | 45 | (74) | |||||||
| Total current assets: | 3,763 | 2,765 | 2,874 | 2,792 | 2,472 | 2,787 | 2,698 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 232 | 203 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 3,939 | 3,713 | 3,719 | 3,762 | 3,577 | 3,609 | 3,733 | ||
| Long-term investments and receivables | 820 | 975 | 979 | 976 | 852 | 838 | 876 | ||
| Long-term investments | 820 | 975 | 979 | 976 | 852 | 838 | 876 | ||
| Intangible assets, net (including goodwill) | 1,485 | 1,386 | 1,367 | 1,304 | 990 | 830 | 881 | ||
| Goodwill | 1,166 | 1,074 | 1,057 | 1,003 | 796 | 705 | 749 | ||
| Intangible assets, net (excluding goodwill) | 319 | 312 | 310 | 301 | 194 | 125 | 132 | ||
| Deferred income tax assets | 259 | 96 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 411 | 338 | 290 | 338 | 307 | 300 | 377 | ||
| Other undisclosed noncurrent assets | 84 | 366 | 159 | 222 | 253 | ||||
| Total noncurrent assets: | 7,146 | 6,711 | 6,439 | 6,746 | 5,885 | 5,799 | 6,120 | ||
| TOTAL ASSETS: | 10,909 | 9,476 | 9,313 | 9,538 | 8,357 | 8,586 | 8,818 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 797 | 797 | 875 | 879 | 637 | 677 | 976 | ||
| Accounts payable | 797 | 780 | 819 | 807 | 625 | 587 | 757 | ||
| Accrued liabilities | 53 | ||||||||
| Employee-related liabilities | 129 | ||||||||
| Taxes payable | 17 | 56 | 72 | 12 | 90 | 18 | |||
| Interest and dividends payable | 19 | ||||||||
| Debt | 496 | 496 | 561 | 326 | 118 | 513 | 137 | ||
| 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 | ✕ | ✕ | 30 | 7 | |||||
| Other liabilities | 680 | 461 | 343 | 354 | 322 | 330 | 432 | ||
| Other undisclosed current liabilities | (398) | ||||||||
| Total current liabilities: | 1,973 | 1,754 | 1,779 | 1,559 | 1,077 | 1,550 | 1,338 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 3,227 | 3,409 | 2,970 | 3,315 | 2,890 | 2,468 | 2,608 | ||
| Long-term debt, excluding current maturities | 3,409 | 2,970 | 3,315 | 2,890 | 2,468 | 2,608 | |||
| Finance lease, liability | 171 | 118 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 208 | 181 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 2,848 | (299) | |||||||
| Liabilities, other than long-term debt | 1,606 | 977 | 1,185 | 1,365 | 1,369 | 1,739 | 1,976 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 68 | |||||
| Accounts payable and accrued liabilities | 13 | ||||||||
| Asset retirement obligations | 28 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | 255 | 211 | 130 | 136 | 141 | ||
| Deferred income tax liabilities | 509 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liability for uncertainty in income taxes | 240 | 165 | 158 | 156 | 131 | 167 | 159 | ||
| Liability, pension and other postretirement and postemployment benefits | 643 | 589 | 564 | 585 | 893 | 1,189 | 1,211 | ||
| Accrued environmental loss contingencies | 63 | ||||||||
| Other liabilities | 214 | 223 | 208 | 413 | 215 | 247 | 283 | ||
| Derivative instruments and hedges, liabilities | 10 | ||||||||
| Other undisclosed noncurrent liabilities | 208 | 438 | (182) | ||||||
| Total noncurrent liabilities: | 5,041 | 4,824 | 4,155 | 4,680 | 4,259 | 4,207 | 4,402 | ||
| Total liabilities: | 7,014 | 6,578 | 5,934 | 6,239 | 5,336 | 5,757 | 5,740 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 3,526 | 2,507 | 2,984 | 2,887 | 2,588 | 2,378 | 2,818 | ||
| Treasury stock, value | (4,494) | (3,846) | (2,849) | (2,031) | (1,531) | (1,031) | (611) | ||
| Additional paid in capital | 257 | 254 | 233 | 175 | 157 | 136 | 103 | ||
| Accumulated other comprehensive loss | (328) | (300) | (247) | (177) | (358) | (348) | (165) | ||
| Retained earnings | 8,091 | 6,399 | 5,847 | 4,920 | 4,320 | 3,621 | 3,491 | ||
| Stockholders' equity attributable to noncontrolling interest | 369 | 391 | 395 | 412 | 433 | 451 | 260 | ||
| Total stockholders' equity: | 3,895 | 2,898 | 3,379 | 3,299 | 3,021 | 2,829 | 3,078 | ||
| TOTAL LIABILITIES AND EQUITY: | 10,909 | 9,476 | 9,313 | 9,538 | 8,357 | 8,586 | 8,818 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,655 | 6,297 | 7,155 | 6,140 | 5,389 | 5,674 | 6,802 | |
| Revenue, net | ✕ | ✕ | ✕ | 6,140 | 5,389 | 5,674 | 6,802 | |
| 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: | 1,293 | 1,606 | 1,972 | 1,515 | 1,405 | 1,318 | 1,616 | |
| 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: | 664 | 834 | 1,334 | 901 | 893 | 326 | 758 | |
| Nonoperating income | 1,545 | 111 | 131 | 113 | 108 | 100 | 111 | |
| Investment income, nonoperating | 1,540 | 119 | 123 | 110 | 110 | 108 | 117 | |
| Interest and debt expense | (109) | (119) | (126) | (122) | (126) | (119) | (176) | |
| Income from continuing operations before equity method investments, income taxes: | 2,100 | 826 | 1,339 | 892 | 875 | 307 | 693 | |
| Income from equity method investments | 134 | 182 | 233 | 183 | 155 | 181 | 246 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 17 | (20) | (62) | 2 | ||||
| Income from continuing operations before income taxes: | 2,251 | 988 | 1,510 | 1,075 | 1,030 | 488 | 941 | |
| Income tax expense | (247) | (124) | (292) | (213) | (122) | (201) | (314) | |
| Income from continuing operations: | 2,004 | 864 | 1,218 | 862 | 908 | 287 | 627 | |
| Loss from discontinued operations | (12) | (6) | (5) | (13) | (2) | (2) | (7) | |
| Net income: | 1,992 | 858 | 1,213 | 849 | 906 | 285 | 620 | |
| Net income (loss) attributable to noncontrolling interest | (7) | (6) | (6) | (6) | (6) | 19 | 4 | |
| Net income available to common stockholders, diluted: | 1,985 | 852 | 1,207 | 843 | 900 | 304 | 624 | |
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: | 1,992 | 858 | 1,213 | 849 | 906 | 285 | 620 | |
| Other comprehensive income (loss) | (28) | (53) | (70) | 181 | (10) | (183) | (161) | |
| Comprehensive income: | 1,964 | 805 | 1,143 | 1,030 | 896 | 102 | 459 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (7) | (6) | (6) | (6) | (6) | 19 | 4 | |
| Comprehensive income, net of tax, attributable to parent: | 1,957 | 799 | 1,137 | 1,024 | 890 | 121 | 463 | |
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.