CELANESE CORPORATION CE Income Statement

Celanese corporation (CE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
Net sales
6,070	6,297	6,554	6,739	6,991	7,155	7,059	6,854	6,520	6,140	5,858	5,615	5,456	5,389	5,412	5,502	5,628	5,674	5,899	6,255	6,547	6,802	6,859	6,726	6,610	6,510	6,395	6,368	6,390	6,418	6,531	6,729	6,807	6,763	6,656	6,355	6,119	5,918	5,799	5,597	5,324	5,082	5,517	0	0	0
Cost of sales
4,569	4,691	4,844	4,927	5,081	5,183	5,094	5,022	4,844	4,629	4,438	4,223	4,091	3,984	4,070	4,212	4,301	4,356	4,446	4,669	4,928	5,186	5,270	5,227	5,200	5,145	5,153	5,144	5,150	5,237	5,339	5,464	5,467	5,346	5,193	4,947	4,818	4,750	4,643	4,521	4,303	4,079	4,470	0	0	0
Gross profit
1,501	1,606	1,710	1,812	1,910	1,972	1,965	1,832	1,676	1,511	1,420	1,392	1,365	1,405	1,342	1,290	1,327	1,318	1,453	1,586	1,619	1,616	1,589	1,499	1,410	1,365	1,242	1,224	1,240	1,181	1,192	1,265	1,340	1,417	1,463	1,408	1,301	1,168	1,156	1,076	1,021	1,003	1,047	0	0	0
Selling, general and administrative expenses
488	483	492	501	519	546	555	559	540	496	499	447	401	378	441	453	488	506	714	739	752	758	336	315	309	311	792	808	810	830	751	778	803	805	633	618	602	598	509	494	484	474	480	0	0	0
Amortization of intangible assets
23	24	24	23	24	24	24	24	22	20	16	14	11	9	9	9	10	11	13	15	17	20	22	23	27	32	39	45	49	51	50	55	59	62	66	64	62	61	64	69	75	77	77	0	0	0
Research and development expenses
68	67	68	69	70	72	74	75	74	73	73	74	76	78	79	78	118	119	116	119	84	86	80	82	81	85	104	103	105	104	99	100	100	98	90	83	75	70	66	67	68	70	74	0	0	0
Other (charges) gains, net
213	203	101	82	-13	-9	-7	5	4	59	53	56	58	8	344	345	351	351	25	1	-11	-15	126	150	155	158	24	18	18	14	10	36	51	48	38	-22	-34	46	60	192	192	136	124	0	0	0
Foreign exchange gain (loss), net
1	7	3	4	6	0	1	5	-2	-1	-2	-7	-4	-1	2	6	4	4	2	0	2	-2	-2	-5	-6	-6	-5	-7	-6	-4	-5	0	0	0	-3	-5	-4	-3	2	1	2	2	0	0	0	0
Gain (loss) on disposition of businesses and assets, net
-2	-2	-3	-2	-5	-5	-5	-4	-4	-5	-2	-2	2	3	0	0	-8	-9	-10	-11	-7	-7	733	733	735	735	-4	-4	-4	-3	-3	-2	-2	-2	-4	12	0	-	0	0	-	42	40	0	0	0
Operating profit (loss)
708	834	1,025	1,139	1,311	1,334	1,315	1,170	1,030	857	775	792	817	934	471	411	356	326	577	701	772	758	1,756	1,657	1,567	1,508	274	239	248	175	274	294	325	402	628	653	600	398	472	316	249	290	332	0	0	0
Equity in net earnings (loss) of affiliates
189	182	187	208	225	233	228	212	194	183	176	167	164	155	157	166	171	181	191	193	254	246	223	212	166	180	229	238	245	242	209	216	200	192	183	163	162	168	161	160	150	99	88	0	0	0
Non-operating pension and other postretirement employee benefit (expense) income
31	20	122	114	105	62	-54	-52	-48	-44	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
112	115	117	120	123	125	126	128	126	122	120	116	116	120	124	125	125	119	113	125	135	147	162	164	168	172	181	182	183	185	189	199	211	221	224	218	210	204	197	200	205	207	221	0	0	0
Refinancing expense
-	-	0	0	-	-	0	0	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	-	-	-	2	1	1	1	0	0	3	3	19	19	0	-	0	0	-	-	0	-	-	-
Interest income
7	6	6	7	5	6	4	3	4	2	3	2	1	2	1	1	2	1	-3	0	1	1	5	2	1	1	2	2	1	2	2	3	3	3	7	6	7	7	3	5	6	8	15	0	0	0
Dividend income - equity investments
118	113	114	113	117	117	118	116	111	108	108	110	110	108	109	109	106	107	109	112	115	116	111	104	98	93	69	48	109	85	85	85	80	80	81	152	0	-	0	0	-	57	95	0	0	0
Other income (expense), net
-2	-8	-1	-2	0	8	8	3	6	3	-2	4	-1	-2	-4	-12	-8	-8	-9	-3	-4	-4	-2	-2	1	0	2	7	2	5	9	6	13	14	15	11	4	7	7	6	9	4	2	0	0	0
Earnings (loss) from continuing operations before tax
895	988	1,121	1,260	1,463	1,510	1,601	1,428	1,267	1,075	966	958	952	1,030	604	548	500	488	727	849	974	941	1,927	1,808	1,664	1,609	391	349	419	321	390	405	407	467	686	676	620	433	500	357	260	251	311	0	0	0
Income tax (provision) benefit
143	124	203	204	273	292	276	279	222	213	148	106	118	122	158	217	189	201	222	238	308	314	561	528	509	508	113	113	95	-55	-69	-92	-74	41	138	148	134	72	170	-224	-268	-243	-340	0	0	0
Earnings (loss) from continuing operations
752	864	918	1,056	1,190	1,218	1,325	1,149	1,045	862	818	852	834	908	446	331	311	287	505	611	666	627	1,366	1,280	1,155	1,101	278	236	324	376	459	497	481	426	548	528	486	361	330	581	528	494	651	0	0	0
Earnings (loss) from operation of discontinued operations
-14	-8	-5	-6	-4	-5	-11	-9	-18	-16	-14	-13	-4	-3	-3	1	-2	-3	-6	-13	-11	-11	-11	-3	-2	0	0	-4	-4	-6	-4	-1	-4	2	-69	-72	-74	-80	-2	1	5	6	-8	0	0	0
Gain (loss) on disposition of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	2	2	2	2	0	0	0	0	-
Income tax (provision) benefit from discontinued operations
-2	-2	-1	-1	0	0	-2	-2	-3	-3	-2	-2	-1	-1	-1	0	-1	-1	-2	-4	-4	-4	-4	-2	-1	0	0	-1	-1	-2	-1	0	-1	1	-26	-27	-28	-29	0	1	3	2	-2	0	0	0
Earnings (loss) from discontinued operations
-12	-6	-4	-5	-4	-5	-9	-7	-15	-13	-12	-11	-3	-2	-2	1	-1	-2	-4	-9	-7	-7	-7	-1	-1	0	0	-3	-3	-4	-3	-1	-3	1	-43	-45	-46	-49	0	2	4	4	-6	0	0	0
Net earnings (loss)
740	858	914	1,051	1,186	1,213	1,316	1,142	1,030	849	806	841	831	906	444	332	310	285	501	602	659	620	1,359	1,279	1,154	1,101	278	233	321	372	456	496	478	427	505	483	440	312	330	583	532	498	645	0	0	0
Net (earnings) loss attributable to noncontrolling interests
7	6	6	5	5	6	5	6	7	6	6	5	5	6	2	-9	-15	-19	-17	-8	-5	-4	-3	-2	-1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net earnings (loss) attributable to Celanese Corporation
733	852	908	1,046	1,181	1,207	1,311	1,136	1,023	843	800	836	826	900	442	341	325	304	518	610	664	624	1,362	1,281	1,155	1,101	278	233	321	372	456	496	478	427	505	483	440	312	330	583	532	498	645	0	0	0
Cumulative preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3	5	8	10	10	11	0	0	0
Net earnings (loss) available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	505	483	440	309	325	575	522	488	634	0	0	0
Amounts attributable to Celanese Corporation
Earnings (loss) from continuing operations
745	858	912	1,051	1,185	1,212	1,320	1,143	1,038	856	812	847	829	902	444	340	326	306	522	619	671	631	1,369	1,282	1,156	1,101	278	236	324	376	459	497	481	426	548	528	486	361	330	581	528	494	651	0	0	0
Earnings (loss) from discontinued operations
-12	-6	-4	-5	-4	-5	-9	-7	-15	-13	-12	-11	-3	-2	-2	1	-1	-2	-4	-9	-7	-7	-7	-1	-1	0	0	-3	-3	-4	-3	-1	-3	1	-43	-45	-46	-49	0	2	4	4	-6	0	0	0
Net Income (Loss) Attributable to Parent
733	852	908	1,046	1,181	1,207	1,311	1,136	1,023	843	800	836	826	900	442	341	325	304	518	610	664	624	1,362	1,281	1,155	1,101	278	233	321	372	456	496	478	427	505	483	440	312	330	583	532	498	645	0	0	0
Earnings (loss) per common share - basic
Continuing operations
1.89	0.42	2.18	1.68	2.65	0.78	3.02	2.54	2.69	1.50	1.68	1.73	1.30	1.13	1.84	1.51	1.74	-1.93	1.07	1.35	1.54	-0.51	1.67	1.66	1.25	4.14	1.08	0.83	0.88	-1.07	0.81	1.40	1.23	-0.54	1.07	1.31	0.88	0.27	0.94	1.04	0.06	0.04	2.75	0.75	-0.17	1.09
Discontinued operations
-0.06	0.01	-0.04	-0.01	-0.01	0.02	-0.04	0.00	-0.02	-0.01	-0.03	-0.06	0.00	0.01	-0.02	0.00	0.00	0.00	0.00	-0.01	0.00	-0.01	-0.03	0.00	0.00	-0.02	0.01	0.00	0.01	-0.01	-0.01	0.00	0.00	-0.01	0.00	-0.01	0.03	-0.29	-0.01	-0.02	0.01	0.03	0.00	-0.01	0.01	-0.04
Net earnings (loss) - basic
1.83	0.43	2.14	1.67	2.64	0.80	2.98	2.54	2.67	1.49	1.65	1.67	1.30	1.14	1.82	1.51	1.74	-1.93	1.07	1.34	1.54	-0.52	1.64	1.66	1.25	4.12	1.09	0.83	0.89	-1.08	0.80	1.40	1.23	-0.55	1.07	1.30	0.91	-0.02	0.93	1.02	0.07	0.07	2.75	0.74	-0.16	1.05
Earnings (loss) per common share - diluted
Continuing operations
1.88	0.41	2.17	1.67	2.64	0.75	3.00	2.52	2.68	1.49	1.68	1.72	1.30	1.13	1.83	1.50	1.73	-1.93	1.07	1.34	1.53	-0.53	1.66	1.66	1.25	4.13	1.07	0.83	0.88	-1.04	0.80	1.38	1.21	-0.53	1.05	1.29	0.87	0.26	0.93	1.03	0.06	0.08	2.53	0.70	-0.17	1.01
Discontinued operations
-0.06	0.01	-0.04	-0.01	-0.01	0.02	-0.04	0.00	-0.02	-0.01	-0.03	-0.06	0.00	0.01	-0.02	0.00	0.00	0.00	0.00	-0.01	0.00	-0.01	-0.03	0.00	0.00	-0.02	0.01	0.00	0.01	-0.01	-0.01	0.00	0.00	-0.01	0.00	-0.01	0.03	-0.29	-0.01	-0.02	0.01	0.03	0.00	-0.01	0.01	-0.04
Net earnings (loss) - diluted
1.82	0.42	2.13	1.66	2.63	0.77	2.96	2.52	2.66	1.48	1.65	1.66	1.30	1.14	1.81	1.50	1.73	-1.93	1.07	1.33	1.53	-0.54	1.63	1.66	1.25	4.11	1.08	0.83	0.89	-1.05	0.79	1.38	1.21	-0.54	1.05	1.28	0.90	-0.03	0.92	1.01	0.07	0.11	2.53	0.69	-0.16	0.97
Weighted average shares - basic
119	120	122	125	127	131	134	135	135	135	136	138	140	141	144	146	147	146	149	153	153	153	154	155	156	157	158	159	159	159	159	158	156	156	156	156	155	155	155	156	150	144	143	143	143	147
Weighted Average Number of Shares Outstanding, Diluted
119	121	123	125	128	133	135	136	136	136	136	139	140	142	144	147	148	150	151	153	153	156	155	156	156	157	159	160	160	160	160	159	159	158	159	159	158	164	157	158	152	170	157	157	143	162