For the year ending 2025-12-31, NOV has $11,291M in assets. $4,969M in debts. $1,552M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,552 | 1,230 | 816 | 1,069 |
| Receivables, net | 1,701 | 1,819 | 1,905 | 1,739 |
| Inventories, net | 1,799 | 1,932 | 2,151 | 1,813 |
| Contract assets | 596 | 577 | 739 | 685 |
| Prepaid and other current assets | 172 | 212 | 229 | 187 |
| Total current assets | 5,820 | 5,770 | 5,840 | 5,493 |
| US | - | - | 906 | 883 |
| SA | - | - | 258 | 240 |
| BR | - | - | 101 | 94 |
| KRW | - | - | - | 66 |
| GB | - | - | 80 | 72 |
| AE | - | - | 73 | 64 |
| DK | - | - | 72 | 68 |
| KR | - | - | 66 | - |
| NO | - | - | 60 | - |
| CA | - | - | 51 | 50 |
| MX | - | - | 31 | 27 |
| SG | - | - | - | 13 |
| ID | - | - | 20 | - |
| Property, plant and equipment gross | 5,680 | 5,332 | - | - |
| Other Countries | - | - | 147 | 204 |
| Less accumulated depreciation | 3,630 | 3,410 | - | - |
| Property, plant and equipment, net | 2,050 | 1,922 | 1,865 | 1,781 |
| Lease right-of-use assets, operating | 315 | 353 | 372 | 346 |
| Lease right-of-use assets, financing | 187 | 196 | 172 | 171 |
| Deferred income taxes | 358 | 413 | 488 | - |
| Goodwill | 1,582 | 1,630 | 1,562 | 1,505 |
| Intangibles, net | 455 | 508 | 450 | 490 |
| Investment in unconsolidated affiliates | 163 | 163 | 211 | 117 |
| Other assets | 361 | 406 | 334 | 232 |
| Total assets | 11,291 | 11,361 | 11,294 | 10,135 |
| Accounts payable | 831 | 837 | 904 | 906 |
| Accrued liabilities | 822 | 861 | 870 | 959 |
| Contract liabilities | 565 | 492 | 532 | 444 |
| Current portion of lease liabilities | 101 | 102 | 94 | 87 |
| Current portion of long-term debt | 30 | 37 | 13 | 13 |
| Accrued income taxes | 57 | 18 | 22 | 28 |
| Total current liabilities | 2,406 | 2,347 | 2,435 | 2,437 |
| Long-term debt | 1,688 | 1,703 | 1,712 | 1,717 |
| Lease liabilities | 521 | 544 | 558 | 549 |
| Deferred income taxes | 93 | 56 | 70 | 68 |
| Other liabilities | 261 | 283 | 277 | 230 |
| Total liabilities | 4,969 | 4,933 | 5,052 | 5,001 |
| Common stock - par value .01 1 billion shares authorized 360,803,354 and 381,549,541 shares issued and outstanding at december 31, 2025 and december 31, 2024 | 4 | 4 | 4 | 4 |
| Additional paid-in capital | 8,361 | 8,625 | 8,812 | 8,754 |
| Accumulated other comprehensive loss | -1,424 | -1,625 | -1,493 | -1,593 |
| Retained deficit | -673 | -628 | -1,155 | -2,069 |
| Total company stockholders' equity | 6,268 | 6,376 | 6,168 | 5,096 |
| Noncontrolling interests | 54 | 52 | 74 | 38 |
| Total stockholders equity | 6,322 | 6,428 | 6,242 | 5,134 |
| Total liabilities and stockholders equity | 11,291 | 11,361 | 11,294 | 10,135 |
NOV Inc. (NOV)
NOV Inc. (NOV)