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Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,248 $ 1,451
Accounts and notes receivable, net 1,066 720
Inventories 1,219 1,099
Prepaid expenses and other 73 75
Total current assets 3,606 3,345
Property, plant, and equipment 9,264 9,232
Less: Accumulated depreciation (6,153) (6,078)
Property, plant, and equipment, net 3,111 3,154
Operating lease right-of-use assets 220 227
Goodwill 102 102
Other intangible assets, net 13 6
Investments in affiliates 177 169
Restricted cash and restricted cash equivalents 100 100
Other assets 401 447
Total assets 7,730 7,550
Current liabilities:    
Accounts payable 1,249 1,162
Compensation and other employee-related cost 111 173
Short-term and current maturities of long-term debt 24 25
Current environmental remediation 239 173
Other accrued liabilities 263 325
Total current liabilities 1,886 1,858
Long-term debt, net 3,656 3,724
Operating lease liabilities 178 179
Long-term environmental remediation 468 389
Deferred income taxes 54 49
Other liabilities 273 269
Total liabilities 6,515 6,468
Commitments and contingent liabilities (Note 16)
Equity    
Common stock (par value $0.01 per share; 810,000,000 shares authorized; 194,761,628 shares issued and 155,572,669 shares outstanding at June 30, 2022; 191,860,159 shares issued and 161,046,732 shares outstanding at December 31, 2021) 2 2
Treasury stock, at cost (39,188,959 shares at June 30, 2022; 30,813,427 shares at December 31, 2021) (1,517) (1,247)
Additional paid-in capital 1,005 944
Retained earnings 2,102 1,746
Accumulated other comprehensive loss (378) (364)
Total Chemours stockholders’ equity 1,214 1,081
Non-controlling interests 1 1
Total equity 1,215 1,082
Total liabilities and equity $ 7,730 $ 7,550