Three-Statement Breakdown
NET DEBT UP
Net debt moved from -$441.0M to -$106.0M.
CASH
-12.8%
2,095
TOTAL DEBT
+1.4%
1,989
NET DEBT
—
-106
NET DEBT / ANN. EBITDA
—
—
| Balance sheet | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents |
RESTATED · WAS 1,960
10-K
|
1,643 | 1,517 | 2,236 | 1,822 | 1,761 | 1,872 | 2,403 | 2,095 | -12.8% |
| Accounts receivable |
RESTATED · WAS 1,503
10-K
|
1,544 | 1,203 | 1,498 | 1,502 | 1,425 | 1,420 | 1,562 | 1,757 | +12.5% |
| Inventories |
RESTATED · WAS 296
10-K
|
348 | 348 | 253 | 311 | 311 | 266 | 327 | 302 | -7.6% |
| Other current assets |
RESTATED · WAS 613
10-K
|
515 | 393 | 469 | 458 | 484 | 474 | 519 | 328 | -36.8% |
| Total current assets | 4,050 | 3,461 | 4,456 | 4,093 | 4,053 | 4,372 | 4,811 | 4,482 | -6.8% | |
| Current ratio | 1.21× | 1.29× | 1.38× | 1.16× | 1.28× | 1.43× | 1.84× | 1.62× | -12.0% | |
| Goodwill |
RESTATED · WAS 5,186
10-K
|
5,147 | 3,951 | 4,653 | 5,169 | 4,291 | 4,336 | 4,373 | 4,542 | +3.9% |
| Property, plant & equipment |
RESTATED · WAS 1,914
10-K
|
2,554 | 2,256 | 2,272 | 2,103 | 2,042 | 1,272 | 1,331 | 1,398 | +5.0% |
| Total assets | 15,711 | 14,261 | 16,771 | 17,221 | 16,921 | 16,684 | 15,504 | 15,544 | +0.3% | |
| Return on assets (annualized) | 1.0% | -8.9% | 2.0% | 3.6% | 0.9% | 1.6% | 7.6% | 3.7% | -51.6% | |
| Accounts payable |
RESTATED · WAS 314
10-K
|
411 | 351 | 321 | 411 | 440 | 254 | 335 | 412 | +23.0% |
| Accrued liabilities |
RESTATED · WAS 1,231
10-K
|
1,328 | 1,019 | 1,339 | 1,236 | 1,123 | 986 | 1,036 | 1,080 | +4.2% |
| Short-term debt |
RESTATED · WAS 54
10-K
|
449 | 76 | 28 | 293 | 27 | 9 | 25 | 0 | -100.0% |
| Total current liabilities | 3,340 | 2,682 | 3,234 | 3,519 | 3,165 | 3,055 | 2,608 | 2,761 | +5.9% | |
| Long-term debt |
RESTATED · WAS 2,855
10-K
|
1,004 | 1,183 | 2,285 | 2,776 | 2,940 | 2,093 | 1,937 | 1,989 | +2.7% |
| Total liabilities |
|
5,400 | 5,872 | 7,625 | 8,078 | 7,976 | 7,673 | 6,115 | 6,308 | +3.2% |
| Net debt |
|
-190 | -258 | 77 | 1,247 | 1,206 | 230 | -441 | -106 | — |
| Stockholders' equity | 10,311 | 8,389 | 9,146 | 9,143 | 8,945 | 9,011 | 9,389 | 9,236 | -1.6% | |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · NET DEBT · QoQ BRIDGE
FROM-441
TOTAL DEBT+27
CASH & EQUIVALENTS+308
TO-106
No bridge for this line yet — select Net debt to see its QoQ walk.
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM
SRC 10-K FILED 2026-08-07 ↗