Ak steel holding corporation (AKS)
Balance Sheet / Yearly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
ASSETS
Current assets:
Cash and cash equivalents

31

30

42

41

48

47

46

44

38

69

136

185

173

57

56

113

56

90

75

89

70

60

54

31

45

65

58

191

227

47

37

42

42

58

45

54

216

80

129

330

461

339

385

562

Accounts receivable, net

577

624

675

720

635

700

653

619

517

563

530

524

442

489

448

488

444

550

567

574

644

707

596

498

525

536

515

516

473

565

548

645

564

590

648

641

482

601

649

598

463

403

279

469

Inventory

1,346

1,362

1,353

1,378

1,419

1,345

1,311

1,334

1,385

1,184

1,103

1,105

1,232

1,088

978

1,068

1,226

1,141

1,156

1,233

1,172

1,126

738

687

586

684

677

664

609

727

723

621

418

783

765

689

448

674

724

522

416

613

531

566

Deferred tax assets, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

57

64

-

74

63

70

69

70

74

77

73

32

44

213

216

226

224

226

225

242

238

222

223

355

341

333

Other current assets

65

48

88

88

97

78

98

96

130

115

83

107

94

66

68

71

78

44

57

72

71

76

52

38

46

44

30

43

59

33

31

28

33

29

20

26

30

33

27

58

64

52

69

70

Total current assets

2,020

2,066

2,160

2,229

2,201

2,172

2,108

2,094

2,071

1,932

1,854

1,923

1,942

1,701

1,551

1,742

1,806

1,876

1,914

2,034

1,958

2,045

1,506

1,326

1,273

1,402

1,356

1,492

1,442

1,406

1,384

1,550

1,274

1,688

1,704

1,637

1,404

1,631

1,769

1,732

1,630

1,763

1,607

2,002

Property, plant and equipment

7,168

7,094

7,034

6,996

6,969

6,916

6,884

6,850

6,831

6,745

6,609

6,585

6,569

6,565

6,515

6,488

6,466

6,442

6,419

6,407

6,388

6,335

5,893

5,884

5,871

5,974

5,966

5,952

5,943

5,984

5,963

5,953

5,967

5,899

5,845

5,765

5,668

5,575

5,479

5,401

5,385

5,367

5,356

5,282

Accumulated depreciation

5,237

5,201

5,155

5,106

5,057

5,007

4,953

4,899

4,845

4,720

4,663

4,609

4,554

4,537

4,485

4,432

4,379

4,340

4,283

4,230

4,175

4,120

4,088

4,040

3,991

4,068

4,028

3,980

3,931

3,942

3,893

3,845

3,797

3,774

3,728

3,681

3,635

3,559

3,509

3,459

3,409

3,360

3,319

3,220

Property, plant and equipment, net

1,931

1,892

1,879

1,889

1,911

1,909

1,931

1,951

1,986

2,024

1,946

1,976

2,014

2,027

2,029

2,055

2,086

2,101

2,135

2,177

2,213

2,215

1,805

1,844

1,880

1,905

1,938

1,972

2,012

2,042

2,069

2,108

2,170

2,125

2,117

2,083

2,033

2,015

1,970

1,942

1,976

2,006

2,037

2,061

Other non-current assets:
Goodwill and intangible assets

293

253

245

254

298

-

-

-

306

312

-

-

32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash held for retirement of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in AFSG Holdings, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

55

55

-

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

Investments in affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

76

116

388

396

229

186

214

190

193

145

150

129

100

-

101

-

-

-

-

-

-

-

-

-

-

-

Investment in Magnetation LLC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

-

-

-

-

0

-

-

-

-

-

-

-

Other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

51

53

52

48

48

50

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37

37

37

-

37

37

37

37

37

37

37

37

37

37

37

37

37

37

37

Other intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Deferred tax assets, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79

81

88

-

146

153

736

716

581

575

591

581

498

458

486

514

485

503

459

Other Assets, Noncurrent

345

392

401

397

103

406

405

412

110

189

205

204

112

192

202

189

191

194

209

227

268

228

266

258

238

95

110

115

298

102

100

102

94

93

92

78

77

15

16

8

8

9

10

15

Total other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

471

447

1,032

-

766

760

763

751

661

619

641

668

637

654

617

TOTAL ASSETS

4,590

4,604

4,687

4,770

4,515

4,487

4,445

4,457

4,474

4,459

4,005

4,104

4,101

3,920

3,918

3,987

4,084

4,250

4,335

4,556

4,828

4,885

3,806

3,615

3,605

3,766

3,772

3,906

3,903

3,920

3,901

4,691

4,449

4,580

4,582

4,484

4,188

4,308

4,360

4,316

4,274

4,407

4,299

4,682

LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings under credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

185

40

-

-

42

325

145

250

295

275

75

0

-

-

-

-

-

-

-

Accounts payable

705

676

732

768

801

773

768

728

690

718

672

651

589

639

602

643

703

762

761

745

803

812

642

617

601

563

595

592

538

603

631

685

583

732

750

762

553

766

792

623

438

541

312

348

Accrued liabilities

314

234

242

225

288

257

243

234

270

245

212

176

234

248

206

270

261

261

225

284

266

281

170

175

142

179

141

185

164

185

170

195

172

182

165

182

145

165

167

193

157

199

227

233

Current portion of operating lease liabilities

-

53

53

56

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

168

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Current portion of pension and other postretirement benefit obligations

41

37

37

38

38

38

39

39

40

41

41

41

41

46

77

78

77

60

63

55

55

62

69

73

85

78

105

109

108

125

127

127

130

111

104

104

145

140

140

143

144

148

149

152

Total current liabilities

1,060

1,001

1,066

1,087

1,128

1,069

1,050

1,002

1,001

1,004

927

1,037

865

934

886

991

1,042

1,084

1,050

1,085

1,125

1,156

882

867

831

1,007

882

888

812

956

1,254

1,153

1,137

1,322

1,296

1,126

844

1,073

1,100

961

740

890

690

734

Non-current liabilities:
Long-term debt

1,968

1,969

1,946

2,037

1,993

2,034

2,036

2,103

2,110

2,098

1,689

1,684

1,816

2,000

2,078

2,336

2,354

2,386

2,442

2,528

2,422

2,406

1,948

1,657

1,506

1,415

1,414

1,411

1,411

1,349

949

949

650

650

650

650

650

501

501

605

605

605

606

632

Long-term operating lease liabilities

-

219

212

220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension and other postretirement benefit obligations

717

785

808

824

829

797

841

869

894

1,011

1,057

1,077

1,093

1,131

1,122

1,132

1,146

1,130

1,174

1,201

1,225

832

816

908

965

1,447

1,548

1,607

1,661

1,503

1,549

1,705

1,744

1,472

1,517

1,670

1,706

1,654

1,662

1,704

1,856

1,871

1,982

2,144

Other non-current liabilities

366

170

177

170

134

148

145

150

168

168

146

149

155

130

131

138

136

133

130

133

132

124

115

110

110

108

108

107

108

524

507

521

540

516

474

413

346

278

225

194

191

220

213

200

Total non-current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,377

3,007

3,177

-

2,638

2,642

2,734

2,703

2,434

2,390

2,504

2,653

2,697

2,801

2,977

TOTAL LIABILITIES

4,113

4,145

4,211

4,340

4,086

4,050

4,074

4,125

4,174

4,282

3,820

3,949

3,930

4,196

4,218

4,598

4,680

4,735

4,798

4,949

4,905

4,519

3,762

3,542

3,413

3,978

3,953

4,015

3,994

4,334

4,261

4,330

4,072

3,961

3,938

3,860

3,547

3,507

3,490

3,465

3,394

3,587

3,491

3,711

EXCHANGEABLE NOTES EXCHANGE FEATURE

-

-

-

-

-

-

-

-

-

0

0

19

21

-

-

-

0

-

-

-

-

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity:
Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

Preferred stock, authorized 25,000,000 shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Common stock, authorized 450,000,000 shares of $.01 par value each; issued 317,768,621 and 316,595,613 shares in 2019 and 2018; outstanding 316,401,478 and 315,535,765 shares in 2019 and 2018

3

3

3

3

3

3

3

3

3

3

3

3

3

2

2

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Additional paid-in capital

2,904

2,902

2,901

2,899

2,894

2,893

2,891

2,889

2,884

2,883

2,882

2,861

2,855

2,520

2,518

2,268

2,266

2,266

2,265

2,263

2,259

2,226

1,910

1,909

2,079

2,077

2,075

2,073

2,069

1,933

1,931

1,928

1,922

1,921

1,918

1,914

1,909

1,929

1,926

1,922

1,911

1,907

1,904

1,898

Treasury stock, common shares at cost, 1,367,143 and 1,059,848 shares in 2019 and 2018

7

7

7

7

6

6

6

6

5

5

5

5

2

2

2

2

2

2

2

1

1

1

1

0

174

174

174

173

173

173

173

173

171

171

171

171

170

169

169

169

162

162

162

150

Accumulated deficit

-2,680

-2,626

-2,629

-2,696

-2,691

-2,725

-2,792

-2,849

-2,877

-2,946

-2,941

-3,002

-2,980

-3,002

-3,053

-3,070

-3,057

-2,911

-2,918

-2,854

-2,548

-2,561

-2,554

-2,537

-2,451

-2,486

-2,454

-2,414

-2,404

-2,173

-2,113

-1,383

-1,366

-1,166

-1,157

-1,185

-1,188

-1,084

-1,019

-1,041

-1,037

-1,071

-1,072

-940

Accumulated other comprehensive loss

-68

-137

-131

-104

-100

-67

-66

-56

-50

-111

-106

-86

-88

-164

-145

-188

-187

-232

-212

-214

-204

249

272

299

323

-50

-47

-18

1

-22

-14

-9

2

44

59

68

92

127

133

139

167

143

134

159

Total stockholders’ equity

151

134

135

94

99

97

28

-19

-44

-176

-166

-229

-213

-646

-680

-990

-977

-878

-865

-805

-492

-84

-371

-328

-221

-632

-599

-531

-505

-434

-367

364

388

628

649

627

644

803

871

852

880

818

805

968

Noncontrolling interests

325

324

340

335

329

340

342

351

345

353

352

364

362

371

379

378

382

393

402

412

415

419

415

400

413

420

418

421

414

20

7

-3

-11

-9

-5

-3

-3

-3

-2

-1

-0

1

1

2

TOTAL EQUITY

477

458

475

429

429

437

370

331

300

176

185

134

149

-275

-300

-611

-595

-484

-463

-392

-77

334

44

72

192

-211

-181

-109

-91

-413

-360

360

377

619

644

623

641

800

869

850

880

819

807

970

TOTAL LIABILITIES AND EQUITY

4,590

4,604

4,687

4,770

4,515

4,487

4,445

4,457

4,474

4,459

4,005

4,104

4,101

3,920

3,918

3,987

4,084

4,250

4,335

4,556

4,828

4,885

3,806

3,615

3,605

3,766

3,772

3,906

3,903

3,920

3,901

4,691

4,449

4,580

4,582

4,484

4,188

4,308

4,360

4,316

4,274

4,407

4,299

4,682