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Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,167 $ 1,451
Accounts and notes receivable, net 980 720
Inventories 1,321 1,099
Prepaid expenses and other 75 75
Total current assets 3,543 3,345
Property, plant, and equipment 9,186 9,232
Less: Accumulated depreciation (6,115) (6,078)
Property, plant, and equipment, net 3,071 3,154
Operating lease right-of-use assets 232 227
Goodwill 102 102
Other intangible assets, net 15 6
Investments in affiliates 186 169
Restricted cash and restricted cash equivalents 201 100
Other assets 395 447
Total assets 7,745 7,550
Current liabilities:    
Accounts payable 1,270 1,162
Compensation and other employee-related cost 130 173
Short-term and current maturities of long-term debt 24 25
Current environmental remediation 210 173
Other accrued liabilities 317 325
Total current liabilities 1,951 1,858
Long-term debt, net 3,510 3,724
Operating lease liabilities 192 179
Long-term environmental remediation 482 389
Deferred income taxes 53 49
Other liabilities 272 269
Total liabilities 6,460 6,468
Commitments and contingent liabilities (Note 16)
Equity    
Common stock (par value $0.01 per share; 810,000,000 shares authorized; 195,178,578 shares issued and 153,078,931 shares outstanding at September 30, 2022; 191,860,159 shares issued and 161,046,732 shares outstanding at December 31, 2021) 2 2
Treasury stock, at cost (42,099,647 shares at September 30, 2022; 30,813,427 shares at December 31, 2021) (1,604) (1,247)
Additional paid-in capital 1,015 944
Retained earnings 2,304 1,746
Accumulated other comprehensive loss (433) (364)
Total Chemours stockholders’ equity 1,284 1,081
Non-controlling interests 1 1
Total equity 1,285 1,082
Total liabilities and equity $ 7,745 $ 7,550