| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents (amounts related to consolidated variable interest entities of 6 million and 3 million at march31, 2026 and december31, 2025, respectively) | 674 | 892 | 851 | 778 |
| Accounts receivable, net (amounts related to consolidated variable interest entities of 834 million and 876 million at march31, 2026 and december31, 2025, respectively) | 4,644 | 4,268 | 4,668 | 4,844 |
| Inventories | 3,583 | 3,693 | 3,781 | 3,774 |
| Other current assets | 1,651 | 1,586 | 1,583 | 1,583 |
| Total current assets | 10,552 | 10,439 | 10,883 | 10,979 |
| Property, plant and equipment, net | 22,900 | 23,232 | 23,050 | 23,097 |
| Goodwill | 7,186 | 7,218 | 7,213 | 7,207 |
| Intangibles, net | 1,036 | 1,059 | 1,075 | 1,107 |
| Prepaid pension asset | 642 | 616 | 698 | 677 |
| Other non-current assets (amounts related to consolidated variable interest entities of 393 million and 393 million at march31, 2026 and december31, 2025, respectively) | 2,854 | 2,593 | 2,650 | 2,679 |
| Total assets | 45,170 | 45,157 | 45,569 | 45,746 |
| Accounts payable | 3,344 | 3,597 | 3,257 | 3,380 |
| Accrued expenses | 636 | 601 | NaN | NaN |
| Accrued compensation and benefits | 832 | 997 | 973 | 872 |
| Current portion of debt | 980 | 346 | 798 | 1,034 |
| Other current liabilities | 1,522 | 1,523 | 2,317 | 2,305 |
| Total current liabilities | 7,314 | 7,064 | 7,345 | 7,591 |
| Non-current debt due after one year (amounts related to consolidated variable interest entities of 369million and 376 million at march31, 2026 and december31, 2025, respectively) | 13,275 | 13,427 | 13,313 | 13,329 |
| Deferred tax liabilities | 3,410 | 3,297 | 3,455 | 3,482 |
| Pension liabilities and other postretirement benefits, net of current portion | 686 | 697 | 737 | 746 |
| Other non-current liabilities (amounts related to consolidated variable interest entities of 335million and 335 million at march31, 2026 and december31, 2025, respectively) | 2,402 | 2,318 | 2,260 | 2,274 |
| Total liabilities | 27,087 | 26,803 | 27,110 | 27,422 |
| Common stock, 0.001 par value 9,500,000,000 shares authorized 524,457,866 and 522,310,486 shares outstanding at march31, 2026 and december31, 2025, respectively | 1 | 1 | 1 | 1 |
| Deferred shares, 1 par value 25,000 shares authorized nil and 25,000 shares outstanding at december31, 2025 and december31, 2024, respectively | NaN | 0 | 0 | 0 |
| Treasury stock, at cost 706,129 and 1,449,320 common stock at march31, 2026, and december31, 2025, respectively | 34 | 64 | 65 | 65 |
| Capital in excess of par value | 16,095 | 16,083 | 16,057 | 16,018 |
| Accumulated other comprehensive loss | -401 | -348 | -347 | -428 |
| Retained earnings | 2,397 | 2,655 | 2,787 | 2,771 |
| Total shareholders equity | 18,058 | 18,327 | 18,433 | 18,297 |
| Noncontrolling interests | 25 | 27 | 26 | 27 |
| Total equity | 18,083 | 18,354 | 18,459 | 18,324 |
| Total liabilities and equity | 45,170 | 45,157 | 45,569 | 45,746 |
Smurfit Westrock plc (SW)
Smurfit Westrock plc (SW)