For the year ending 2025-12-31, OTIS has $10,653M in assets. $15,924M in debts. $1,096M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,096 | 2,300 | 1,274 | 1,189 |
| Restricted cash | - | - | - | 5 |
| Accounts receivable (net of allowance for expected credit losses of 125 and 125) | 3,688 | 3,428 | 3,538 | 3,357 |
| Contract assets | 699 | 706 | 717 | 664 |
| Inventories | 613 | 557 | 612 | 617 |
| Other current assets | 405 | 679 | 259 | 311 |
| Total current assets | 6,501 | 7,670 | 6,400 | 6,143 |
| Future income tax benefits | 407 | 302 | 323 | 285 |
| Fixed assets, net | 743 | 701 | 727 | 719 |
| Operating lease right-of-use assets | 554 | 422 | 416 | 449 |
| Intangible assets, net | 343 | 311 | 335 | 369 |
| Goodwill | 1,695 | 1,548 | 1,588 | 1,567 |
| Other assets | 410 | 362 | 328 | 287 |
| Total assets | 10,653 | 11,316 | 10,117 | 9,819 |
| Short-term borrowings and current portion of long-term debt | 1,056 | 1,351 | 32 | 670 |
| Accounts payable | 2,142 | 1,879 | 1,878 | 1,717 |
| Accrued liabilities | 1,847 | 1,921 | 1,873 | 1,794 |
| Contract liabilities | 2,611 | 2,598 | 2,696 | 2,662 |
| Total current liabilities | 7,656 | 7,749 | 6,479 | 6,843 |
| Long-term debt | 6,900 | 6,973 | 6,866 | 6,098 |
| Future pension and postretirement benefit obligations | 419 | 434 | 462 | 392 |
| Operating lease liabilities | 397 | 298 | 292 | 315 |
| Future income tax obligations | 223 | 207 | 245 | 279 |
| Other long-term liabilities | 329 | 383 | 493 | 556 |
| Total liabilities | 15,924 | 16,044 | 14,837 | 14,483 |
| Redeemable noncontrolling interest | 75 | 57 | 135 | 135 |
| Common stock and additional paid-in-capital | 333 | 265 | 213 | 162 |
| Treasury stock | 4,198 | 3,390 | 2,382 | 1,575 |
| Accumulated deficit | -440 | -978 | -2,005 | -2,865 |
| Accumulated other comprehensive income (loss) | -1,087 | -745 | -750 | -592 |
| Total shareholders' equity (deficit) | -5,392 | -4,848 | -4,924 | -4,870 |
| Noncontrolling interest | 46 | 63 | 69 | 71 |
| Total equity (deficit) | -5,346 | -4,785 | -4,855 | -4,799 |
| Total liabilities and equity (deficit) | 10,653 | 11,316 | 10,117 | 9,819 |
Otis Worldwide Corp (OTIS)
Otis Worldwide Corp (OTIS)