| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 659 | 545 | 536 | 475 |
| Receivables from customers, less allowances of in both 2025 and 2024 | 884 | 888 | 888 | 757 |
| Other receivables | 17 | 14 | 13 | 18 |
| Inventories | 1,975 | 1,964 | 1,902 | 1,902 |
| Prepaid expenses and other current assets | 289 | 283 | 215 | 239 |
| Total current assets | 3,824 | 3,694 | 3,554 | 3,391 |
| Property, plant and equipment, gross-Property Plant And Equipment Excluding Construction In Progress | 5,603 | - | - | - |
| Less accumulated depreciation and amortization-Property Plant And Equipment Excluding Construction In Progress | 3,355 | - | - | - |
| Property, plant and equipment, gross-Construction In Progress | 303 | - | - | - |
| Properties, plants, and equipment, net | 2,551 | 2,526 | 2,440 | 2,358 |
| Goodwill | 4,058 | 4,065 | 4,028 | 4,047 |
| Deferred income taxes | 31 | 31 | 32 | 39 |
| Intangibles, net | 462 | 467 | 470 | 484 |
| Other noncurrent assets | 251 | 263 | 248 | 239 |
| Total assets | 11,177 | 11,046 | 10,772 | 10,558 |
| Accounts payable, trade | 957 | 1,028 | 991 | 917 |
| Accrued compensation and retirement costs | 314 | 263 | 235 | 288 |
| Taxes, including income taxes | 71 | 64 | 105 | 59 |
| Accrued interest payable | 32 | 59 | 32 | 25 |
| Other current liabilities | 250 | 181 | 178 | 227 |
| Long-term debt due within one year | 1 | 5 | 7 | 1 |
| Total current liabilities | 1,625 | 1,600 | 1,548 | 1,517 |
| Long-term debt | 3,188 | 3,253 | 3,317 | 3,393 |
| Accrued pension benefits | 597 | 613 | 625 | 629 |
| Accrued other postretirement benefits | 50 | 52 | 54 | 84 |
| Other noncurrent liabilities and deferred credits | 574 | 486 | 436 | 432 |
| Total liabilities | 6,034 | 6,004 | 5,980 | 6,055 |
| Preferred stock | 55 | 55 | 55 | 55 |
| Common stock | 403 | 404 | 404 | 407 |
| Additional capital | 2,717 | 2,898 | 3,095 | 3,386 |
| Retained earnings | 3,722 | 3,434 | 3,068 | 2,453 |
| Accumulated other comprehensive loss | -1,754 | -1,749 | -1,830 | -1,798 |
| Total equity | 5,143 | 5,042 | 4,792 | 4,503 |
| Total liabilities and equity | 11,177 | 11,046 | 10,772 | 10,558 |
Howmet Aerospace Inc. (HWM)
Howmet Aerospace Inc. (HWM)