MRC · As filed with the SEC

MRC Global balance sheet, by fiscal year

The statement as MRC Global presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD millions

USD millions	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017
Current assets:
Cash	—	—	—	—	—	—	43,000,000	48,000,000
Cash	63	131	32	48	119	32	—	—
Accounts receivable, net	378	430	501	379	319	459	587	522
Inventories, net	415	560	578	453	509	701	797	701
Other current assets	29	34	31	19	19	26	38	47
Current assets of discontinued operations	36	—	—	—	—	—	—	—
Total current assets	921	1,155	1,142	899	966	1,218	1,465	1,318
Long-term assets:
Operating lease assets	170	205	202	191	200	186	—	—
Property, plant and equipment, net	89	78	82	91	103	138	140	147
Other Assets, Miscellaneous, Noncurrent	37	21	22	22	19	19	23	21
Noncurrent assets of discontinued operations	0	—	—	—	—	—	—	—
Intangible assets:
Goodwill, net	264	264	264	264	264	483	484	486
Other intangible assets, net	143	163	183	204	229	281	322	368
Total assets	1,624	1,886	1,895	1,671	1,781	2,325	2,434	2,340
Trade accounts payable	329	355	410	321	264	357	435	415
Accrued expenses and other current liabilities	124	102	115	80	94	91	130	143
Operating lease liabilities	31	34	36	33	37	34	—	—
Current portion of debt obligations	3	292	3	2	4	4	4	4
Current liabilities of discontinued operations	21	—	—	—	—	—	—	—
Total current liabilities	508	783	564	436	399	486	569	562
Long-term obligations:
Long-term debt	384	9	337	295	379	547	680	522
Deferred income taxes	—	—	—	—	—	—	98,000,000	106,000,000
Operating lease liabilities	153	186	182	177	187	167	—	—
Deferred income taxes	35	45	49	53	70	91	—	—
Other Liabilities, Noncurrent	28	20	22	32	41	37	40	36
Noncurrent liabilities of discontinued operations	0	—	—	—	—	—	—	—
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized no and 363,000 shares, respectively; no and 363,000 shares issued and outstanding, respectively	—	355	355	355	355	355	355	355
Series A Preferred Stock	0	—	—	—	—	—	—	—
Stockholders' equity:
Common stock, $0.01 par value per share: 500 million shares authorized, 109,460,293 and 108,531,564 issued, respectively	1	1	1	1	1	1	1	1
Additional paid-in capital	1,779	1,768	1,758	1,747	1,739	1,731	1,721	1,691
Retained deficit	(652)	(678)	(768)	(819)	(781)	(483)	(498)	(548)
Treasury stock at cost: 24,216,330 shares	—	—	(375)	(375)	(375)	(375)	(300)	(175)
Treasury stock at cost: 24,216,330 shares	(375)	(375)	—	—	—	—	—	—
Accumulated other comprehensive loss	(237)	(228)	(230)	(231)	(234)	(232)	(232)	(210)
Total stockholders' equity	516	488	386	323	350	642	692	759
Total liabilities and stockholders' equity	1,624	1,886	1,895	1,671	1,781	2,325	2,434	2,340

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.