Garrett motion inc. (GTX)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Dec'17
ASSETS
Current assets:
Cash and cash equivalents

254

187

190

182

207

196

197

300

Accounts, notes and other receivables – net (Note 7)

629

707

751

790

790

750

762

745

Inventories – net (Note 9)

225

220

193

193

181

172

183

188

Due from related parties, current (Note 3)

-

-

-

-

-

-

-

530

Other current assets

80

85

59

49

61

61

43

321

Total current assets

1,188

1,199

1,193

1,214

1,239

1,179

1,185

2,084

Due from related parties, non-current (Note 3)

-

-

-

-

-

-

-

23

Investments and long-term receivables

34

36

41

38

35

39

37

38

Property, plant and equipment – net

457

471

430

435

424

438

422

442

Goodwill

193

193

193

193

193

193

193

193

Insurance recoveries for asbestos-related liabilities (Note 21)

-

-

-

-

-

-

162

174

Deferred income taxes

277

268

181

191

159

183

228

41

Other assets (Note 10)

105

108

108

101

122

92

63

2

Total assets

2,254

2,275

2,146

2,172

2,172

2,124

2,290

2,997

LIABILITIES
Current liabilities:
Accounts payable

935

1,009

897

883

881

916

828

860

Borrowings under revolving credit facility

66

-

-

-

-

-

-

-

Due to related parties, current (Note 3)

-

-

-

-

-

-

98

1,117

Current maturities of long-term debt

4

4

4

14

23

23

28

-

Obligations payable to Honeywell, current (Note 17)

68

69

121

126

124

127

-

-

Accrued liabilities (Note 11)

303

310

366

378

433

374

504

571

Total current liabilities

1,376

1,392

1,388

1,401

1,461

1,440

1,458

2,548

Long-term debt

1,389

1,409

1,477

1,552

1,542

1,569

1,577

-

Deferred income taxes

37

51

53

55

29

13

22

956

Obligations payable to Honeywell (Note 17)

1,236

1,282

1,254

1,327

1,350

1,399

-

-

Asbestos-related liabilities (Note 23)

-

-

-

-

-

1

1,516

1,527

Other liabilities (Note 12)

262

274

238

254

242

219

173

161

Total liabilities

4,300

4,408

4,410

4,589

4,624

4,641

4,746

5,192

COMMITMENTS AND CONTINGENCIES (Note 17)

-

-

-

-

-

-

0

-

EQUITY (DEFICIT)
Additional paid-in capital

20

19

19

14

10

5

-

-

Retained earnings

-2,235

-2,282

-2,494

-2,532

-2,598

-2,595

-2,464

-2,433

Accumulated other comprehensive income (Note 15)

169

130

211

101

136

73

8

238

Total stockholders' deficit

-2,046

-2,133

-2,264

-2,417

-2,452

-2,517

-2,456

-2,195

Total liabilities and stockholders' deficit

2,254

2,275

2,146

2,172

2,172

2,124

2,290

2,997