MRC · As filed with the SEC
MRC Global balance sheet, by quarter
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.
Condensed Consolidated Balance Sheets (Current Period Unaudited) · USD millions
| USD millions | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Current assets: | ||||||||
| Cash | 59 | 75 | 63 | 63 | 62 | 49 | 146 | 131 |
| Accounts receivable, net | 473 | 469 | 442 | 378 | 478 | 481 | 478 | 430 |
| Inventories, net | 523 | 490 | 460 | 415 | 462 | 509 | 546 | 560 |
| Other current assets | 49 | 43 | 30 | 29 | 41 | 38 | 34 | 34 |
| Current assets of discontinued operations | 1 | 1 | 4 | 36 | — | — | — | — |
| Total current assets | 1,105 | 1,078 | 999 | 921 | 1,043 | 1,077 | 1,204 | 1,155 |
| Long-term assets: | ||||||||
| Operating lease assets | 160 | 159 | 171 | 170 | 185 | 195 | 196 | 205 |
| Property, plant and equipment, net | 100 | 102 | 95 | 89 | 85 | 80 | 78 | 78 |
| Other assets | 36 | 36 | 36 | 37 | 31 | 18 | 20 | 21 |
| Noncurrent assets of discontinued operations | — | — | — | 0 | — | — | — | — |
| Intangible assets: | ||||||||
| Goodwill, net | 264 | 264 | 264 | 264 | 264 | 264 | 264 | 264 |
| Other intangible assets, net | 130 | 135 | 139 | 143 | 148 | 153 | 158 | 163 |
| Total assets | 1,795 | 1,774 | 1,704 | 1,624 | 1,756 | 1,787 | 1,920 | 1,886 |
| Trade accounts payable | 433 | 438 | 434 | 329 | 382 | 378 | 402 | 355 |
| Accrued expenses and other current liabilities | 119 | 114 | 121 | 124 | 108 | 105 | 95 | 102 |
| Operating lease liabilities | 31 | 31 | 32 | 31 | 34 | 34 | 25 | 34 |
| Current portion of debt obligations | 4 | 4 | 4 | 3 | 0 | 0 | 292 | 292 |
| Current liabilities of discontinued operations | 1 | 0 | 2 | 21 | — | — | — | — |
| Total current liabilities | 588 | 587 | 593 | 508 | 524 | 517 | 814 | 783 |
| Long-term liabilities: | ||||||||
| Long-term debt | 472 | 445 | 367 | 384 | 85 | 152 | 3 | 9 |
| Operating lease liabilities | 141 | 142 | 153 | 153 | 167 | 175 | 186 | 186 |
| Deferred income taxes | 35 | 37 | 39 | 35 | 41 | 45 | 47 | 45 |
| Other liabilities | 28 | 27 | 27 | 28 | 27 | 20 | 20 | 20 |
| 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 |
| Series A Preferred Stock | — | — | — | 0 | — | — | — | — |
| Stockholders' equity: | ||||||||
| Common stock, $0.01 par value per share: 500 million shares authorized, 110,424,832 and 109,460,293 issued, respectively | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Additional paid-in capital | 1,785 | 1,781 | 1,777 | 1,779 | 1,774 | 1,770 | 1,767 | 1,768 |
| Retained deficit | (670) | (661) | (674) | (652) | (618) | (641) | (665) | (678) |
| Less: Treasury stock at cost: 25,433,286 and 24,216,330 shares, respectively | (390) | (390) | (375) | (375) | (375) | (375) | (375) | (375) |
| Accumulated other comprehensive loss | (195) | (195) | (204) | (237) | (225) | (232) | (233) | (228) |
| Total stockholders' equity | 531 | 536 | 525 | 516 | 557 | 523 | 495 | 488 |
| Total liabilities and stockholders' equity | 1,795 | 1,774 | 1,704 | 1,624 | 1,756 | 1,787 | 1,920 | 1,886 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.