HOWMET AEROSPACE INC. (HWM) FY2024 Annual Balance Sheet

Balance Sheet

As of 2024-12-31

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HOWMET AEROSPACE INC. (HWM) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$1.55 BCurrent assets$3.36 BLiabilities$5.97 BAssets$10.52 BNon-current liabilities$4.42 BNon-current assets$7.16 BEquity$4.55 BGross equity(calculated)$6.43 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSInventories (M)Receivables from customers, less allowances of $— in both 2024 and 2023 (L)Cash and cash equivalentsPrepaid expenses and other current assetsOther receivables (L)Goodwill (A and O)Properties, plants, and equipment, net (N)Intangibles, net (O)Other noncurrent assets (A and P)Deferred income taxes (H)Accounts payable, tradeAccrued compensation and retirement costsOther current liabilities (A and P)Taxes, including income taxesAccrued interest payableLong-term debt due within one year (Q and R)Long-term debt, less amount due within one year (Q and R)Accrued pension benefits (G)Other noncurrent liabilities and deferred credits (A and P)Accrued other postretirement benefits (G)Additional capital (I)Retained earnings (A)Common stock (I)Preferred stock (I)Current assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Accumulated other comprehensive loss (A and K)Accounts payable, tradeAccounts payable, trade$948.00 MAccrued compensation and retirement costsAccrued compensation and retirement costs$305.00 MCurrent liabilitiesCurrent liabilities$1.55 BOther current liabilities (A and P)Other current liabilities (A and P)$171.00 MInventories (M)Inventories (M)$1.84 BCurrent assetsCurrent assets$3.36 BTaxes, including income taxesTaxes, including income taxes$60.00 MLiabilitiesLiabilities$5.97 BReceivables from customers, less allowances of $— in both 2024 and 2023 (L)Receivables from customers, net$689.00 MAccrued interest payableAccrued interest payable$59.00 MAssetsAssets$10.52 BCash and cash equivalentsCash and cash equivalents$564.00 MLong-term debt due within one year (Q and R)Long-term debt due within one year (Q and R)$6.00 MPrepaid expenses and other current assetsPrepaid expenses and other current assets$249.00 MNon-current liabilitiesNon-current liabilities$4.42 BLong-term debt, less amount due within one year (Q and R)Long-term debt, net$3.31 BOther receivables (L)Other receivables (L)$20.00 MNon-current assetsNon-current assets$7.16 BAccrued pension benefits (G)Accrued pension benefits (G)$625.00 MGoodwill (A and O)Goodwill (A and O)$4.01 BOther noncurrent liabilities and deferred credits (A and P)Other noncurrent liabilities and deferred credits$428.00 MEquityEquity$4.55 BAccrued other postretirement benefits (G)Accrued other postretirement benefits (G)$54.00 MGross equity (calculated)Gross equity(calculated)$6.43 BProperties, plants, and equipment, net (N)Properties, plants, and equipment, net (N)$2.39 BAdditional capital (I)Additional capital (I)$3.21 BIntangibles, net (O)Intangibles, net (O)$475.00 MOther noncurrent assets (A and P)Other noncurrent assets (A and P)$251.00 MRetained earnings (A)Retained earnings (A)$2.77 BDeferred income taxes (H)Deferred income taxes (H)$35.00 MCommon stock (I)Common stock (I)$405.00 MPreferred stock (I)Preferred stock (I)$55.00 MAccumulated other comprehensive loss (A and K)Accumulated other comprehensive loss (A and K)−$1.88 B
Chart details

HOWMET AEROSPACE INC. (HWM) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
10,519,000,000 US dollars
Current assets
3,362,000,000 US dollars
Non-current assets
7,157,000,000 US dollars
Liabilities
5,965,000,000 US dollars
Current liabilities
1,549,000,000 US dollars
Non-current liabilities
4,416,000,000 US dollars
Equity
4,554,000,000 US dollars
Inventories (M)
1,840,000,000 US dollars
Receivables from customers, less allowances of $— in both 2024 and 2023 (L)
689,000,000 US dollars
Cash and cash equivalents
564,000,000 US dollars
Prepaid expenses and other current assets
249,000,000 US dollars
Other receivables (L)
20,000,000 US dollars
Goodwill (A and O)
4,010,000,000 US dollars
Properties, plants, and equipment, net (N)
2,386,000,000 US dollars
Intangibles, net (O)
475,000,000 US dollars
Other noncurrent assets (A and P)
251,000,000 US dollars
Deferred income taxes (H)
35,000,000 US dollars
Accounts payable, trade
948,000,000 US dollars
Accrued compensation and retirement costs
305,000,000 US dollars
Other current liabilities (A and P)
171,000,000 US dollars
Taxes, including income taxes
60,000,000 US dollars
Accrued interest payable
59,000,000 US dollars
Long-term debt due within one year (Q and R)
6,000,000 US dollars
Long-term debt, less amount due within one year (Q and R)
3,309,000,000 US dollars
Accrued pension benefits (G)
625,000,000 US dollars
Other noncurrent liabilities and deferred credits (A and P)
428,000,000 US dollars
Accrued other postretirement benefits (G)
54,000,000 US dollars
Additional capital (I)
3,206,000,000 US dollars
Retained earnings (A)
2,766,000,000 US dollars
Common stock (I)
405,000,000 US dollars
Preferred stock (I)
55,000,000 US dollars
Accumulated other comprehensive loss (A and K)
negative 1,878,000,000 US dollars
Gross equity (calculated)
6,432,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
HOWMET AEROSPACE INC. (HWM) FY2024 Annual Balance Sheet Sankey chart
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