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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 216,444 $ 29,123
Accounts receivable, less allowance for doubtful accounts of $6,911 in 2021; $9,255 in 2020 835,180 641,326
Inventories 1,814,538 1,293,066
Commodity derivative assets – current 410,813 320,706
Current assets held-for-sale (Note 16) 20,885 32,659
Other current assets 74,468 99,529
Total current assets 3,372,328 2,416,409
Other assets:    
Goodwill 129,342 131,542
Other intangible assets, net 117,137 140,084
Right of use assets, net 52,146 33,387
Other assets held-for-sale (Note 16) 43,169 643,474
Other assets 69,068 46,914
Total other assets 410,862 995,401
Property, plant and equipment, net 786,029 860,311
Total assets 4,569,219 4,272,121
Current liabilities:    
Short-term debt 501,792 403,703
Trade and other payables 1,199,324 954,809
Customer prepayments and deferred revenue 358,119 178,226
Commodity derivative liabilities – current 128,911 146,990
Current maturities of long-term debt 32,256 69,366
Current liabilities held-for-sale (Note 16) 13,379 25,277
Accrued expenses and other current liabilities 230,148 153,311
Total current liabilities 2,463,929 1,931,682
Non-current operating leases 31,322 19,835
Long-term debt, less current maturities 600,487 886,453
Deferred income taxes 71,127 170,147
Other long-term liabilities held-for-sale (Note 16) 16,119 48,096
Other long-term liabilities 78,531 55,248
Total liabilities 3,261,515 3,111,461
Commitments and contingencies
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 33,870 shares issued in 2021; 33,599 shares issued in 2020) 140 138
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 368,595 348,714
Treasury shares, at cost (11 in 2021; 45 in 2020) (263) (966)
Accumulated other comprehensive income (loss) 1,194 (12,076)
Retained earnings 702,759 626,081
Total shareholders’ equity of The Andersons, Inc. 1,072,425 961,891
Noncontrolling interests 235,279 198,769
Total equity 1,307,704 1,160,660
Total liabilities and equity $ 4,569,219 $ 4,272,121