| | |
Public Offering
Price(1) |
| |
Underwriting
Discount |
| |
Proceeds, Before
Expenses, to Issuer |
| |||||||||
Per 2026 note
|
| | | | 100.000% | | | | | | 0.450% | | | | | | 99.550% | | |
Total
|
| | | € | 1,000,000,000 | | | | | € | 4,500,000 | | | | | € | 995,500,000 | | |
Per 2029 note
|
| | | | 99.996% | | | | | | 0.525% | | | | | | 99.471% | | |
Total
|
| | | € | 499,980,000 | | | | | € | 2,625,000 | | | | | € | 497,355,000 | | |
备注的综合合计
|
| | | € | 1,499,980,000 | | | | | € | 7,125,000 | | | | | € | 1,492,855,000 | | |
|
联合账簿管理公司
|
| ||||||||||||
|
BofA Securities
|
| | Citigroup | | |
Deutsche Bank
|
| | HSBC | | |
J.P. Morgan
|
|
| MUFG | | |
SMBC Nikko
|
| |
UniCredit
|
| |
US Bancorp
|
|
|
Morgan Stanley
|
| |
PNC Capital Markets LLC
|
| ||||||
| Goldman Sachs & Co. LLC | | | Santander | | | 渣打银行 | | |
TD Securities
|
|
| | |
Page
|
| |||
关于本招股说明书副刊
|
| | | | S-ii | | |
有关前瞻性陈述的特别说明
|
| | | | S-v | | |
您可以在哪里找到更多信息
|
| | | | S-viii | | |
引用注册成立
|
| | | | S-ix | | |
Summary
|
| | | | S-1 | | |
Risk Factors
|
| | | | S-7 | | |
Use of Proceeds
|
| | | | S-18 | | |
未经审计的初步形式简明合并财务信息
|
| | | | S-19 | | |
Capitalization
|
| | | | S-32 | | |
Description of the Notes
|
| | | | S-33 | | |
图书录入、交付和表格
|
| | | | S-59 | | |
某些美国联邦所得税考虑因素
|
| | | | S-62 | | |
Underwriting
|
| | | | S-69 | | |
Legal Matters
|
| | | | S-76 | | |
Experts
|
| | | | S-77 | | |
并购业务合并财务报表索引
|
| | | | F-1 | | |
| | |
Page
|
| |||
关于本招股说明书的重要信息
|
| | | | 1 | | |
有关前瞻性陈述的特别说明
|
| | | | 1 | | |
您可以在哪里找到更多信息
|
| | | | 3 | | |
引用注册成立
|
| | | | 3 | | |
Our Company
|
| | | | 3 | | |
辅助担保人
|
| | | | 4 | | |
Use of Proceeds
|
| | | | 4 | | |
股本说明
|
| | | | 4 | | |
债务证券及担保说明
|
| | | | 9 | | |
Plan of Distribution
|
| | | | 17 | | |
证券的有效期
|
| | | | 17 | | |
Experts
|
| | | | 17 | | |
| | |
Historical
Celanese |
| |
Historical
M&M Business as Reclassified (Note 3) |
| |
Acquisition
Accounting Adjustments |
| |
Note
|
| |
Other
Accounting Adjustments |
| |
Note
|
| |
Pro Forma
Combined |
| |||||||||||||||||||||
ASSETS | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Current Assets
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
现金和现金等价物
|
| | | $ | 605 | | | | | $ | 80 | | | | | $ | (10,995) | | | | | | (4A) | | | | | $ | 10,927 | | | | | | (5A) | | | | | $ | 617 | | |
应收账款 - 第三方和
affiliates |
| | | | 1,390 | | | | | | 577 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 1,967 | | |
非贸易应收账款,净额
|
| | | | 523 | | | | | | — | | | | | | 33 | | | | | | (4J) | | | | | | — | | | | | | | | | | | | 556 | | |
Inventories
|
| | | | 1,549 | | | | | | 785 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 2,334 | | |
有价证券
|
| | | | 9 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 9 | | |
Other assets
|
| | | | 124 | | | | | | 75 | | | | | | — | | | | | | | | | | | | (30) | | | | | | (5C) | | | | | | 169 | | |
Total current assets
|
| | | | 4,200 | | | | | | 1,517 | | | | | | (10,962) | | | | | | | | | | | | 10,897 | | | | | | | | | | | | 5,652 | | |
对子公司的投资
|
| | | | 847 | | | | | | 56 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 903 | | |
财产、厂房和设备,净额
|
| | | | 4,188 | | | | | | 997 | | | | | | 403 | | | | | | (4C) | | | | | | — | | | | | | | | | | | | 5,588 | | |
经营性租赁使用权资产
|
| | | | 267 | | | | | | 42 | | | | | | 160 | | | | | | (4I) | | | | | | — | | | | | | | | | | | | 469 | | |
Deferred income taxes
|
| | | | 244 | | | | | | 19 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 263 | | |
Other assets
|
| | | | 569 | | | | | | 2 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 571 | | |
Goodwill
|
| | | | 1,396 | | | | | | 2,093 | | | | | | (2,093) | | | | | | (4G) | | | | | | — | | | | | | | | | | | | 7,398 | | |
| | | | | | | | | | | | | | | | | 6,002 | | | | | | (4F) | | | | | | | | | | | | | | | | | | | | |
Intangible assets, net
|
| | | | 715 | | | | | | 1,812 | | | | | | 2,088 | | | | | | (4C) | | | | | | — | | | | | | | | | | | | 4,615 | | |
Total assets
|
| | | $ | 12,426 | | | | | $ | 6,538 | | | | | $ | (4,402) | | | | | | | | | | | $ | 10,897 | | | | | | | | | | | $ | 25,459 | | |
负债和权益 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
流动负债 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
短期借款和经常借款
长期债务分期付款 - 第三方 and affiliates |
| | | $ | 860 | | | | | | — | | | | | | — | | | | | | | | | | | $ | 500 | | | | | | (5A) | | | | | $ | 1,360 | | |
应付款贸易 - 第三方及其附属公司
|
| | | | 1,169 | | | | | | 531 | | | | | | 44 | | | | | | (4B) | | | | | | — | | | | | | | | | | | | 1,744 | | |
Other liabilities
|
| | | | 419 | | | | | | 106 | | | | | | 1 | | | | | | (4K) | | | | | | — | | | | | | | | | | | | 556 | | |
| | | | | | | | | | | | | | | | | 30 | | | | | | (4I) | | | | | | | | | | | | | | | | | | | | |
Income taxes payable
|
| | | | 106 | | | | | | 79 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 185 | | |
流动负债总额
|
| | | | 2,554 | | | | | | 716 | | | | | | 75 | | | | | | | | | | | | 500 | | | | | | | | | | | | 3,845 | | |
长期债务,扣除未摊销递延融资成本的净额
|
| | | | 3,132 | | | | | | — | | | | | | — | | | | | | | | | | | | 10,427 | | | | | | (5A) | | | | | | 13,559 | | |
Deferred income taxes
|
| | | | 563 | | | | | | 413 | | | | | | 573 | | | | | | (4H) | | | | | | — | | | | | | | | | | | | 1,549 | | |
不确定的税收状况
|
| | | | 296 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 296 | | |
Benefit obligations
|
| | | | 543 | | | | | | — | | | | | | 33 | | | | | | (4J) | | | | | | — | | | | | | | | | | | | 576 | | |
经营性租赁负债
|
| | | | 223 | | | | | | 35 | | | | | | 130 | | | | | | (4I) | | | | | | — | | | | | | | | | | | | 388 | | |
Other liabilities
|
| | | | 162 | | | | | | 25 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 187 | | |
承付款和或有事项 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Stockholders’ Equity | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Preferred Stock
|
| | | | — | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | — | | |
Common Stock
|
| | | | — | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | — | | |
Treasury Stock, at cost
|
| | | | (5,492) | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (5,492) | | |
新增实收资本
|
| | | | 326 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 326 | | |
母公司净投资
|
| | | | — | | | | | | 5,321 | | | | | | (5,321) | | | | | | (4G) | | | | | | — | | | | | | | | | | | | — | | |
Retained earnings
|
| | | | 10,106 | | | | | | — | | | | | | (44) | | | | | | (4B) | | | | | | (30) | | | | | | (5C) | | | | | | 10,032 | | |
累计其他综合(亏损)收入,净额
|
| | | | (333) | | | | | | (152) | | | | | | 152 | | | | | | (4G) | | | | | | — | | | | | | | | | | | | (333) | | |
股东权益总额
|
| | | | 4,607 | | | | | | 5,169 | | | | | | (5,213) | | | | | | | | | | | | (30) | | | | | | | | | | | | 4,533 | | |
非控股权益
|
| | | | 346 | | | | | | 180 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 526 | | |
Total equity
|
| | | | 4,953 | | | | | | 5,349 | | | | | | (5,213) | | | | | | | | | | | | (30) | | | | | | | | | | | | 5,059 | | |
负债和权益合计
|
| | | $ | 12,426 | | | | | $ | 6,538 | | | | | | (4,402) | | | | | | | | | | | $ | 10,897 | | | | | | | | | | | $ | 25,459 | | |
| | |
Historical
Celanese |
| |
Historical
M&M Business as Reclassified (Note 3) |
| |
Acquisition
Accounting Adjustments |
| |
Note
|
| |
Other
Accounting Adjustments |
| |
Note
|
| |
Pro Forma
Combined |
| |||||||||||||||||||||
Net sales
|
| | | $ | 2,538 | | | | | $ | 889 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | $ | 3,427 | | |
Cost of sales
|
| | | | (1,793) | | | | | | (682) | | | | | | 25 | | | | | | (4L) | | | | | | — | | | | | | | | | | | | (2,479) | | |
| | | | | — | | | | | | — | | | | | | (29) | | | | | | (4D) | | | | | | — | | | | | | | | | | | | | | |
Gross profit
|
| | | | 745 | | | | | | 207 | | | | | | (4) | | | | | | | | | | | | — | | | | | | | | | | | | 948 | | |
销售、一般和行政费用
|
| | | | (174) | | | | | | (180) | | | | | | (1) | | | | | | (4I) | | | | | | — | | | | | | | | | | | | (355) | | |
无形资产摊销
|
| | | | (11) | | | | | | (33) | | | | | | 33 | | | | | | (4L) | | | | | | — | | | | | | | | | | | | (61) | | |
| | | | | — | | | | | | — | | | | | | (50) | | | | | | (4E) | | | | | | — | | | | | | | | | | | | | | |
研发费用
|
| | | | (24) | | | | | | (18) | | | | | | (8) | | | | | | (4I) | | | | | | — | | | | | | | | | | | | (50) | | |
Other (charges) gains, net
|
| | | | (1) | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (1) | | |
汇兑损益,净额
|
| | | | (1) | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (1) | | |
企业处置损益
and assets, net |
| | | | (3) | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (3) | | |
Operating profit (loss)
|
| | | | 531 | | | | | | (24) | | | | | | (30) | | | | | | | | | | | | — | | | | | | | | | | | | 477 | | |
子公司净收益(亏损)中的权益
|
| | | | 56 | | | | | | (1) | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 55 | | |
非营业养老金和其他退休后员工福利(费用)收入
|
| | | | 24 | | | | | | 4 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 28 | | |
Interest expense
|
| | | | (35) | | | | | | — | | | | | | — | | | | | | | | | | | | (144) | | | | | | (5B) | | | | | | (179) | | |
Interest income
|
| | | | 1 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 1 | | |
股息收入 - 股权投资
|
| | | | 37 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 37 | | |
Other income (expense), net
|
| | | | 2 | | | | | | 3 | | | | | | 1 | | | | | | (4I) | | | | | | — | | | | | | | | | | | | 6 | | |
持续经营税前收益(亏损)
|
| | | | 616 | | | | | | (18) | | | | | | (29) | | | | | | | | | | | | (144) | | | | | | | | | | | | 425 | | |
所得税(拨备)优惠
|
| | | | (112) | | | | | | 4 | | | | | | 7 | | | | | | (4H) | | | | | | 33 | | | | | | (5D) | | | | | | (68) | | |
持续运营的收益(亏损)
|
| | | | 504 | | | | | | (14) | | | | | | (22) | | | | | | | | | | | | (111) | | | | | | | | | | | | 357 | | |
可归因于非控股权益的净(收益)亏损
|
| | | | (2) | | | | | | (1) | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (3) | | |
持续经营净收益(亏损)
塞拉尼斯/的业务 并购业务 |
| | | $ | 502 | | | | | $ | (15) | | | | | $ | (22) | | | | | | | | | | | $ | (111) | | | | | | | | | | | $ | 354 | | |
塞拉尼斯股东应占普通股每股收益:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings per common share – basic
|
| | | | 4.64 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3.27 | | |
稀释后的普通股每股收益 -
|
| | | | 4.61 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3.25 | | |
Weighted average shares – basic
|
| | | | 108,185,912 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 108,185,912 | | |
加权平均股份 - 稀释
|
| | | | 108,917,577 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 108,917,577 | | |
| | |
Historical
Celanese |
| |
Historical
M&M Business as Reclassified (Note 3) |
| |
Acquisition
Accounting Adjustments |
| |
Note
|
| |
Other
Accounting Adjustments |
| |
Note
|
| |
Pro Forma
Combined |
| |||||||||||||||||||||
Net sales
|
| | | $ | 8,537 | | | | | $ | 3,532 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | $ | 12,069 | | |
Cost of sales
|
| | | | (5,855) | | | | | | (2,489) | | | | | | 100 | | | | | | (4L) | | | | | | — | | | | | | | | | | | | (8,357) | | |
| | | | | — | | | | | | — | | | | | | (113) | | | | | | (4D) | | | | | | — | | | | | | | | | | | | | | |
Gross profit
|
| | | | 2,682 | | | | | | 1,043 | | | | | | (13) | | | | | | | | | | | | — | | | | | | | | | | | | 3,712 | | |
销售、一般和行政费用
|
| | | | (633) | | | | | | (385) | | | | | | (44) | | | | | | (4B) | | | | | | — | | | | | | | | | | | | (1,064) | | |
| | | | | | | | | | | | | | | | | (2) | | | | | | (4I) | | | | | | | | | | | | | | | | | | | | |
无形资产摊销
|
| | | | (25) | | | | | | (131) | | | | | | 131 | | | | | | (4L) | | | | | | — | | | | | | | | | | | | (225) | | |
| | | | | | | | | | | | | | | | | (200) | | | | | | (4E) | | | | | | — | | | | | | | | | | | | | | |
研发费用
|
| | | | (86) | | | | | | (73) | | | | | | (34) | | | | | | (4I) | | | | | | — | | | | | | | | | | | | (193) | | |
Other gains (charges), net
|
| | | | 3 | | | | | | (5) | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (2) | | |
汇兑损益,净额
|
| | | | 2 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 2 | | |
企业和资产处置损益,净额
|
| | | | 3 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 3 | | |
Operating profit (loss)
|
| | | | 1,946 | | | | | | 449 | | | | | | (162) | | | | | | | | | | | | — | | | | | | | | | | | | 2,233 | | |
子公司净收益(亏损)中的权益
|
| | | | 146 | | | | | | 9 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 155 | | |
非营业养老金和其他退休后员工福利(费用)收入
|
| | | | 106 | | | | | | 14 | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 120 | | |
Interest expense
|
| | | | (91) | | | | | | — | | | | | | — | | | | | | | | | | | | (588) | | | | | | (5B) | | | | | | (709) | | |
| | | | | | | | | | | — | | | | | | — | | | | | | | | | | | | (30) | | | | | | (5C) | | | | | | | | |
Refinancing expense
|
| | | | (9) | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (9) | | |
Interest income
|
| | | | 8 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 8 | | |
股息收入 - 股权投资
|
| | | | 147 | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | 147 | | |
Other (expense) income, net
|
| | | | (5) | | | | | | 1 | | | | | | 5 | | | | | | (4I) | | | | | | — | | | | | | | | | | | | 1 | | |
持续经营税前收益(亏损)
|
| | | | 2,248 | | | | | | 473 | | | | | | (157) | | | | | | | | | | | | (618) | | | | | | | | | | | | 1,946 | | |
Income tax (provision)
|
| | | | (330) | | | | | | (48) | | | | | | 36 | | | | | | (4H) | | | | | | 142 | | | | | | (5D) | | | | | | (200) | | |
持续运营的收益(亏损)
|
| | | | 1,918 | | | | | | 425 | | | | | | (121) | | | | | | | | | | | | (476) | | | | | | | | | | | | 1,746 | | |
可归因于非控股权益的净(收益)亏损
|
| | | | (6) | | | | | | (17) | | | | | | — | | | | | | | | | | | | — | | | | | | | | | | | | (23) | | |
塞拉尼斯/M&M业务持续运营的净收益(亏损)
|
| | | $ | 1,912 | | | | | $ | 408 | | | | | $ | (121) | | | | | | | | | | | $ | (476) | | | | | | | | | | | $ | 1,723 | | |
塞拉尼斯股东应占普通股每股收益
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings per common share – basic
|
| | | | 17.19 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 15.49 | | |
稀释后的普通股每股收益 -
|
| | | | 17.06 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 15.37 | | |
Weighted average shares – basic
|
| | | | 111,224,017 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 111,224,017 | | |
加权平均股份 - 稀释
|
| | | | 112,084,412 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 112,084,412 | | |
(in millions)
|
| | | | | | |
Base purchase price
|
| | | $ | 11,000 | | |
合同采购价格调整(1)
|
| | | | (5) | | |
已转账的现金对价总额
|
| | | | 10,995 | | |
与承担的养老金净负债相关的应收账款(2)
|
| | | | (33) | | |
合并前服务基于股份的薪酬奖励的估计公允价值(3)
|
| | | | 1 | | |
交易总对价
|
| | | $ | 10,963 | | |
(in millions)
|
| | | | | | |
并购的总体考虑因素
|
| | | $ | 10,963 | | |
现金和现金等价物
|
| | | | 80 | | |
应收账款 - 第三方及其附属公司
|
| | | | 577 | | |
Inventories
|
| | | | 785 | | |
Other assets (current)
|
| | | | 75 | | |
对子公司的投资
|
| | | | 56 | | |
财产、厂房和设备
|
| | | | 1,400 | | |
经营性租赁使用权资产
|
| | | | 202 | | |
Deferred income taxes
|
| | | | 19 | | |
Other assets (non-current)
|
| | | | 2 | | |
Intangible assets
|
| | | | 3,900 | | |
Total assets
|
| | |
|
7,096
|
| |
应付款贸易 - 第三方及其附属公司
|
| | | | 531 | | |
Income taxes payable
|
| | | | 79 | | |
其他负债(流动)
|
| | | | 106 | | |
Deferred income taxes
|
| | | | 986 | | |
Benefit obligations
|
| | | | 33 | | |
经营性租赁负债
|
| | | | 195 | | |
其他负债(非流动)
|
| | | | 25 | | |
非控股权益
|
| | | | 180 | | |
Net assets acquired
|
| | |
|
4,961
|
| |
商誉初步分配
|
| | | $ | 6,002 | | |
历史财务演示文稿
Statements |
| |
初步演示文稿
Unaudited 形式浓缩组合 Financial Statements |
| |
M&M Business
Before Reclassification |
| |
Reclassification
|
| |
M&M Business
as Reclassified |
| |||||||||
Assets | | | | | | | | | | | | | | | | | | | | | | |
现金和现金等价物 | | | 现金和现金等价物 | | | | $ | 80 | | | | | | | | | | | $ | 80 | | |
应收账款和票据,净额
|
| | 应收账款 - 第三方及其附属公司 | | | | | 577 | | | | | | | | | | | | 577 | | |
Inventories | | | Inventories | | | | | 785 | | | | | | | | | | | | 785 | | |
预付费用和其他流动资产
|
| | Other assets (current) | | | | | 75 | | | | | | | | | | | | 75 | | |
投资和非流动应收账款
|
| | 对子公司的投资 | | | | | 56 | | | | | | | | | | | | 56 | | |
财产、厂房和设备,净额
|
| | 物业、厂房和设备(扣除累计折旧) | | | | | 997 | | | | | | | | | | | | 997 | | |
递延费用和其他资产
|
| | 经营性租赁使用权资产 | | | | | 44 | | | | | $ | (2)(i) | | | | | | 42 | | |
| | | 其他资产(非流动资产) | | | | | — | | | | | | 2(i) | | | | | | 2 | | |
Goodwill | | | Goodwill | | | | | 2,093 | | | | | | | | | | | | 2,093 | | |
其他无形资产 | | | 无形资产净值 | | | | | 1,812 | | | | | | | | | | | | 1,812 | | |
递延所得税资产 | | | 递延所得税 | | | | | 19 | | | | | | | | | | | | 19 | | |
Liabilities | | | | | | | | | | | | | | | | | | | | | | |
Accounts payable | | | 应付款贸易 - 第三方及其附属公司 | | | | | 531 | | | | | | | | | | | | 531 | | |
应付所得税 | | | 应付所得税 | | | | | 79 | | | | | | | | | | | | 79 | | |
应计负债和其他流动负债
|
| | 其他负债(流动) | | | | | 106 | | | | | | | | | | | | 106 | | |
递延所得税负债
|
| | 递延所得税 | | | | | 413 | | | | | | | | | | | | 413 | | |
其他非流动债务
|
| |
其他负债(非流动)
|
| | | | 60 | | | | | | (35)(Ii) | | | | | | 25 | | |
| | | 经营性租赁负债 | | | | | | | | | | | 35(Ii) | | | | | | 35 | | |
Equity | | | | | | | | | | | | | | | | | | | | | | |
母公司净投资
|
| | 母公司净投资 | | | | | 5,321 | | | | | | | | | | | | 5,321 | | |
累计其他综合收益(亏损)
|
| |
Accumulated other
综合收益(亏损), net |
| | | | (152) | | | | | | | | | | | | (152) | | |
非控股权益 | | | 非控股权益 | | | | | 180 | | | | | | | | | | | | 180 | | |
历史中的演示文稿
财务报表 |
| |
初步演示文稿
Unaudited 形式浓缩组合 Financial Statements |
| |
M&M Business Before
Reclassification |
| |
Reclassification
|
| |
M&M Business
as Reclassified |
| |||||||||
Net sales | | | Net sales | | | | $ | 889 | | | | | | | | | | | $ | 889 | | |
Cost of sales | | | Cost of Sales | | | | | (682) | | | | | | | | | | | | (682) | | |
Selling, general and
管理费用 |
| | 销售、一般和行政费用 | | | | | (84) | | | | | $ | (96)(i) | | | | | | (180) | | |
整合与分离
costs |
| | | | | | | (96) | | | | | | 96(i) | | | | | | — | | |
无形资产摊销
|
| | 无形资产摊销 | | | | | (33) | | | | | | | | | | | | (33) | | |
研发
expenses |
| |
研发
expenses |
| | | | (18) | | | | | | | | | | | | (18) | | |
非合并关联公司收益中的权益
|
| | 子公司净收益(亏损)中的权益 | | | | | (1) | | | | | | | | | | | | (1) | | |
Sundry income (expense),
net |
| |
Non-operating pension
和其他退休后 员工福利(费用) income |
| | | | 7 | | | | | | (3)(Ii) | | | | | | 4 | | |
| | | 其他收入(费用),净额 | | | | | — | | | | | | 3(Ii) | | | | | | 3 | | |
享受所得税优惠
|
| | 所得税(拨备)优惠 | | | | | 4 | | | | | | | | | | | | 4 | | |
可归因于
的净收入
非控股权益 |
| | 可归因于非控股权益的净(收益)亏损 | | | | | (1) | | | | | | | | | | | | (1) | | |
历史中的演示文稿
财务报表 |
| |
初步演示文稿
未经审计的形式浓缩 合并财务报表 |
| |
M&M Business Before
Reclassification |
| |
Reclassification
|
| |
M&M Business
as Reclassified |
| |||||||||
Net sales | | | Net sales | | | | $ | 3,532 | | | | | | | | | | | $ | 3,532 | | |
Cost of sales | | | Cost of Sales | | | | | (2,489) | | | | | | | | | | | | (2,489) | | |
Selling, general and
管理费用 |
| | 销售、一般和行政费用 | | | | | (331) | | | | | $ | (54)(i) | | | | | | (385) | | |
整合与分离
costs |
| | | | | | | (54) | | | | | | 54(i) | | | | | | — | | |
无形资产摊销
|
| | 无形资产摊销 | | | | | (131) | | | | | | | | | | | | (131) | | |
研发
expenses |
| |
研发
expenses |
| | | | (73) | | | | | | | | | | | | (73) | | |
重组和资产相关费用,净额
|
| |
Other (charges) gains, net
|
| | | | (5) | | | | | | | | | | | | (5) | | |
非合并关联公司收益中的权益
|
| | 子公司净收益(亏损)中的权益 | | | | | 9 | | | | | | | | | | | | 9 | | |
Sundry income (expense),
net |
| |
Non-operating pension
和其他退休后 员工福利(费用) income |
| | | | 15 | | | | | | (1)(Ii) | | | | | | 14 | | |
| | | 其他收入(费用),净额 | | | | | — | | | | | | 1(Ii) | | | | | | 1 | | |
所得税拨备
|
| | 所得税(拨备)优惠 | | | | | (48) | | | | | | | | | | | | (48) | | |
可归因于
的净收入
非控股权益 |
| | 可归因于非控股权益的净(收益)亏损 | | | | | (17) | | | | | | | | | | | | (17) | | |
Step-up adjustments
(in millions) |
| |
Historical Value
|
| |
Fair Value
|
| |
Step-up
|
| |||||||||
财产、厂房和设备
|
| | | $ | 997 | | | | | $ | 1,400 | | | | | $ | 403 | | |
Intangible assets, net
|
| | | | 1,812 | | | | | | 3,900 | | | | | | 2,088 | | |
Total
|
| | | $ | 2,809 | | | | | $ | 5,300 | | | | | $ | 2,491 | | |
财产、厂房和设备
(in millions) |
| |
Preliminary
Fair Value |
| |
Estimated
Useful Life (years) |
| |
Three Months
Ended March 31, 2022 |
| |
Year Ended
December 31, 2021 |
| |||||||||
Land
|
| | | $ | 150 | | | |
n/a
|
| | | | 不适用 | | | | | | 不适用 | | |
Buildings
|
| | | | 250 | | | |
5 – 30
|
| | | $ | 4 | | | | | $ | 13 | | |
机械设备
|
| | | | 1,000 | | | |
3 – 20
|
| | | | 25 | | | | | | 100 | | |
Total
|
| | | $ | 1,400 | | | | | | | | $ | 29 | | | | | $ | 113 | | |
Intangible assets
(in millions) |
| |
Preliminary
Fair Value |
| |
Estimated
Useful Life (years) |
| |
Three Months
Ended March 31, 2022 |
| |
Year Ended
December 31, 2021 |
| |||||||||
Customers
|
| |
$2,000
|
| | | | 14 | | | | | $ | 36 | | | | | $ | 143 | | |
Tradenames
|
| |
900
|
| | | | 不定 | | | | | | — | | | | | | — | | |
Technology
|
| |
1,000
|
| | | | 15 – 20 | | | | | | 14 | | | | | | 57 | | |
Total
|
| |
$3,900
|
| | | | | | | | | $ | 50 | | | | | $ | 200 | | |
(in millions)
|
| |
Three Months
Ended March 31, 2022 |
| |
Year ended
December 31, 2021 |
| ||||||
定期贷款的利息支出
|
| | | $ | 8 | | | | | $ | 46 | | |
高级无担保票据的利息支出
|
| | | | 132 | | | | | | 527 | | |
债务发行成本摊销
|
| | | | 4 | | | | | | 15 | | |
利息费用形式调整
|
| | | $ | 144 | | | | | $ | 588 | | |
| | |
March 31, 2022
|
| |||||||||
| | |
Actual
|
| |
As Adjusted
|
| ||||||
| | |
(unaudited)
(in millions) |
| |||||||||
现金和现金等价物
|
| | | $ | 605 | | | | | $ | 9,574 | | |
Total debt: | | | | | | | | | | | | | |
循环信贷安排(A)
|
| | | | 300 | | | | | | 300 | | |
4.625% Senior Notes due 2022
|
| | | | 500 | | | | | | 500 | | |
1.125% Senior Notes due 2023(b)
|
| | | | 499 | | | | | | 499 | | |
3.500% Senior Notes due 2024
|
| | | | 499 | | | | | | 499 | | |
1.250% Senior Notes due 2025(c)
|
| | | | 332 | | | | | | 332 | | |
1.400% Senior Notes due 2026
|
| | | | 400 | | | | | | 400 | | |
2.125% Senior Notes due 2027(d)
|
| | | | 553 | | | | | | 553 | | |
0.625% Senior Notes due 2028(e)
|
| | | | 555 | | | | | | 555 | | |
4.777% Senior Notes due 2026 offered hereby
|
| | | | — | | | | | | 1,010(f) | | |
5.337% Senior Notes due 2029 offered hereby
|
| | | | — | | | | | | 505(f) | | |
同时发售的美元纸币中提供的美元纸币
|
| | | | — | | | | | | 7,500 | | |
Finance leases
|
| | | | 166 | | | | | | 166 | | |
工业收入债券和其他债务
|
| | | | 206 | | | | | | 206 | | |
Subtotal
|
| | | | 4,010 | | | | | | 13,025 | | |
未摊销债务发行成本
|
| | | | (18) | | | | | | (18)(g) | | |
Total debt
|
| | | | 3,992 | | | | | | 13,007 | | |
股东权益总额
|
| | | | 4,607 | | | | | | 4,607 | | |
Total capitalization
|
| | | $ | 8,599 | | | | | $ | 17,614 | | |
Moody’s Rating*
|
| |
Percentage interest
rate increase on the notes |
| |||
Ba1
|
| | | | 0.250% | | |
Ba2
|
| | | | 0.500% | | |
Ba3
|
| | | | 0.750% | | |
B1 or below
|
| | | | 1.000% | | |
S&P Rating*
|
| |
Percentage interest
rate increase on the notes |
| |||
BB+
|
| | | | 0.250% | | |
BB
|
| | | | 0.500% | | |
BB–
|
| | | | 0.750% | | |
B1 or below
|
| | | | 1.000% | | |
Underwriters
|
| |
Aggregate
Principal Amount of 2026 Notes to be Purchased |
| |
Aggregate
Principal Amount of 2029 Notes to be Purchased |
| ||||||
美林国际
|
| | | € | 350,000,000 | | | | | € | 175,000,000 | | |
花旗环球市场有限公司
|
| | | | 90,000,000 | | | | | | 45,000,000 | | |
德意志银行伦敦分行
|
| | | | 90,000,000 | | | | | | 45,000,000 | | |
HSBC Bank plc
|
| | | | 90,000,000 | | | | | | 45,000,000 | | |
摩根大通证券公司
|
| | | | 90,000,000 | | | | | | 45,000,000 | | |
三菱UFG证券EMEA公司
|
| | | | 41,250,000 | | | | | | 20,625,000 | | |
SMBC日兴资本市场有限公司
|
| | | | 41,250,000 | | | | | | 20,625,000 | | |
意大利联合信贷银行
|
| | | | 41,250,000 | | | | | | 20,625,000 | | |
美国Bancorp投资公司
|
| | | | 41,250,000 | | | | | | 20,625,000 | | |
摩根士丹利国际有限公司
|
| | | | 27,500,000 | | | | | | 13,750,000 | | |
PNC资本市场有限责任公司
|
| | | | 27,500,000 | | | | | | 13,750,000 | | |
桑坦德银行,S.A.
|
| | | | 17,500,000 | | | | | | 8,750,000 | | |
高盛股份有限公司
|
| | | | 17,500,000 | | | | | | 8,750,000 | | |
渣打银行
|
| | | | 17,500,000 | | | | | | 8,750,000 | | |
多伦多道明银行
|
| | | | 17,500,000 | | | | | | 8,750,000 | | |
Total
|
| | | € | 1,000,000,000 | | | | | € | 500,000,000 | | |
| | |
Page No.
|
| |||
并购业务经审计合并财务报表索引 | | | |||||
独立审计师报告
|
| | | | F-2 | | |
截至2021年12月31日和2020年12月31日的年度综合经营报表
|
| | | | F-4 | | |
截至2021年12月31日和2020年12月31日的综合全面收益(亏损)报表
|
| | | | F-5 | | |
截至2021年12月31日和2020年12月31日的合并资产负债表
|
| | | | F-6 | | |
截至2021年12月31日和2020年12月31日的年度现金流量表合并报表
|
| | | | F-7 | | |
截至12月31日的年度母公司投资净额变动合并报表
2021 and 2020 |
| | | | F-8 | | |
合并财务报表附注
|
| | | | F-9 | | |
未经审计的并购业务合并财务报表索引 | | | |||||
截至2022年3月31日和2021年3月31日的三个月合并经营报表(未经审计)
|
| | | | F-31 | | |
截至3月31日三个月的综合全面收益(亏损)表
2022 and 2021 (unaudited) |
| | | | F-32 | | |
截至2022年3月31日和2021年3月31日的合并资产负债表(未经审计)
|
| | | | F-33 | | |
截至2022年3月31日和2021年3月31日的三个月现金流量表合并报表
|
| | | | F-34 | | |
截至2022年12月31日和2021年12月31日的三个月母公司净投资变动表(未经审计)
|
| | | | F-35 | | |
合并财务报表附注(未经审计)
|
| | | | F-37 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Net sales
|
| | | $ | 3,532 | | | | | $ | 2,806 | | |
Cost of sales
|
| | | | 2,489 | | | | | | 2,168 | | |
研发费用
|
| | | | 73 | | | | | | 74 | | |
销售、一般和行政费用
|
| | | | 331 | | | | | | 287 | | |
无形资产摊销
|
| | | | 131 | | | | | | 129 | | |
重组和资产相关费用,净额
|
| | | | 5 | | | | | | 38 | | |
商誉减值费用
|
| | | | — | | | | | | 3,129 | | |
整合和分离成本
|
| | | | 54 | | | | | | 31 | | |
非合并关联公司收益中的权益
|
| | | | 9 | | | | | | 19 | | |
Sundry income, net
|
| | | | 15 | | | | | | 13 | | |
所得税前收入(亏损)
|
| | | | 473 | | | | | | (3,018) | | |
所得税拨备
|
| | | | 48 | | | | | | 16 | | |
Net income (loss)
|
| | | | 425 | | | | | | (3,034) | | |
可归因于非控股权益的净收入
|
| | | | 17 | | | | | | 13 | | |
移动和材料业务的净收益(亏损)
|
| | | $ | 408 | | | | | $ | (3,047) | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Net income (loss)
|
| | | $ | 425 | | | | | $ | (3,034) | | |
其他综合(亏损)收入,税后净额 | | | | | | | | | | | | | |
累计折算调整
|
| | | | (138) | | | | | | 141 | | |
其他综合(亏损)收入合计
|
| | | | (138) | | | | | | 141 | | |
综合收益(亏损)
|
| | | | 287 | | | | | | (2,893) | | |
可归因于非控股权益的扣除税金的综合收入
|
| | | | 17 | | | | | | 13 | | |
移动和材料业务的综合收益(亏损)
|
| | | $ | 270 | | | | | $ | (2,906) | | |
(In millions)
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Assets | | | | | | | | | | | | | |
Current Assets | | | | | | | | | | | | | |
现金和现金等价物
|
| | | $ | 80 | | | | | $ | 70 | | |
应收账款和票据,净额
|
| | | | 509 | | | | | | 481 | | |
Inventories
|
| | | | 690 | | | | | | 482 | | |
预付费用和其他流动资产
|
| | | | 57 | | | | | | 26 | | |
Total current assets
|
| | | | 1,336 | | | | | | 1,059 | | |
Property | | | | | | | | | | | | | |
财产、厂房和设备
|
| | | | 1,503 | | | | | | 1,491 | | |
减去:累计折旧
|
| | | | 480 | | | | | | 391 | | |
财产、厂房和设备,净额
|
| | | | 1,023 | | | | | | 1,100 | | |
Other Assets | | | | | | | | | | | | | |
Goodwill
|
| | | | 2,118 | | | | | | 2,169 | | |
其他无形资产
|
| | | | 1,851 | | | | | | 2,012 | | |
投资和非流动应收账款
|
| | | | 67 | | | | | | 68 | | |
递延所得税资产
|
| | | | 22 | | | | | | 20 | | |
递延费用和其他资产
|
| | | | 45 | | | | | | 29 | | |
Total Other Assets
|
| | | | 4,103 | | | | | | 4,298 | | |
Total Assets
|
| | | $ | 6,462 | | | | | $ | 6,457 | | |
负债和股权 | | | | | | | | | | | | | |
流动负债 | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 463 | | | | | $ | 353 | | |
Income taxes payable
|
| | | | 84 | | | | | | 40 | | |
应计负债和其他流动负债
|
| | | | 139 | | | | | | 128 | | |
流动负债总额
|
| | | | 686 | | | | | | 521 | | |
其他非流动债务 | | | | | | | | | | | | | |
递延所得税负债
|
| | | | 443 | | | | | | 519 | | |
其他非流动债务
|
| | | | 63 | | | | | | 51 | | |
其他非流动债务合计
|
| | | | 506 | | | | | | 570 | | |
Total Liabilities
|
| | | | 1,192 | | | | | | 1,091 | | |
承付款和或有负债(附注12) | | | | | | | | | | | | | |
Equity | | | | | | | | | | | | | |
母公司净投资
|
| | | | 5,182 | | | | | | 5,150 | | |
累计其他综合(亏损)收入
|
| | | | (93) | | | | | | 45 | | |
移动性和材料业务总股本
|
| | | | 5,089 | | | | | | 5,195 | | |
非控股权益
|
| | | | 181 | | | | | | 171 | | |
Total Equity
|
| | | | 5,270 | | | | | | 5,366 | | |
负债和权益合计
|
| | | $ | 6,462 | | | | | $ | 6,457 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
经营活动 | | | | | | | | | | | | | |
Net income (loss)
|
| | | $ | 425 | | | | | $ | (3,034) | | |
将净收益(亏损)与经营活动提供的现金净额进行调整:
|
| | | | | | | | | | | | |
财产、厂房和设备折旧
|
| | | | 100 | | | | | | 110 | | |
定期无形资产摊销
|
| | | | 131 | | | | | | 129 | | |
股票薪酬
|
| | | | 10 | | | | | | 6 | | |
递延所得税抵免
|
| | | | (69) | | | | | | (55) | | |
商誉减值费用
|
| | | | — | | | | | | 3,129 | | |
重组和资产相关费用,净额
|
| | | | 5 | | | | | | 38 | | |
子公司收益中的权益
|
| | | | (9) | | | | | | (19) | | |
资产和负债变动:
|
| | | | | | | | | | | | |
应收账款和票据
|
| | | | (46) | | | | | | 52 | | |
Inventories
|
| | | | (225) | | | | | | 255 | | |
Accounts payable
|
| | | | 115 | | | | | | 16 | | |
其他资产和负债,净额
|
| | | | 11 | | | | | | 53 | | |
经营活动提供的现金
|
| | | | 448 | | | | | | 680 | | |
投资活动 | | | | | | | | | | | | | |
Capital expenditures
|
| | | | (50) | | | | | | (74) | | |
股权子公司的现金分配
|
| | | | 5 | | | | | | 13 | | |
用于投资活动的现金
|
| | | | (45) | | | | | | (61) | | |
融资活动 | | | | | | | | | | | | | |
分配给非控股权益
|
| | | | (7) | | | | | | (38) | | |
Net transfers to Parent
|
| | | | (386) | | | | | | (608) | | |
用于融资活动的现金
|
| | | | (393) | | | | | | (646) | | |
现金和现金等价物增加(减少)
|
| | | | 10 | | | | | | (27) | | |
期初现金及现金等价物
|
| | | | 70 | | | | | | 97 | | |
期末现金和现金等价物
|
| | | $ | 80 | | | | | $ | 70 | | |
补充现金流信息 | | | | | | | | | | | | | |
本年度支付的现金:
|
| | | | | | | | | | | | |
Income taxes
|
| | | $ | 72 | | | | | $ | 33 | | |
(In millions)
|
| |
Parent Company
Net Investment |
| |
Accumulated Other
Comprehensive Income (Loss) |
| |
Total Mobility &
Materials Businesses Equity |
| |
Noncontrolling
Interests |
| |
Total Equity
|
| |||||||||||||||
2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Balance at January 1, 2020
|
| | | $ | 8,799 | | | | | $ | (96) | | | | | $ | 8,703 | | | | | $ | 196 | | | | | $ | 8,899 | | |
Net (loss) income
|
| | | | (3,047) | | | | | | — | | | | | | (3,047) | | | | | | 13 | | | | | | (3,034) | | |
其他综合收益
|
| | | | — | | | | | | 141 | | | | | | 141 | | | | | | — | | | | | | 141 | | |
分配给非控股权益
|
| | | | — | | | | | | — | | | | | | — | | | | | | (38) | | | | | | (38) | | |
Net transfers to Parent
|
| | | | (602) | | | | | | — | | | | | | (602) | | | | | | — | | | | | | (602) | | |
Balance at December 31, 2020
|
| | | $ | 5,150 | | | | | $ | 45 | | | | | $ | 5,195 | | | | | $ | 171 | | | | | $ | 5,366 | | |
2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net income
|
| | | | 408 | | | | | | — | | | | | | 408 | | | | | | 17 | | | | | | 425 | | |
其他全面亏损
|
| | | | — | | | | | | (138) | | | | | | (138) | | | | | | — | | | | | | (138) | | |
分配给非控股权益
|
| | | | — | | | | | | — | | | | | | — | | | | | | (7) | | | | | | (7) | | |
Net transfers to Parent
|
| | | | (376) | | | | | | — | | | | | | (376) | | | | | | — | | | | | | (376) | | |
Balance at December 31, 2021
|
| | | $ | 5,182 | | | | | $ | (93) | | | | | $ | 5,089 | | | | | $ | 181 | | | | | $ | 5,270 | | |
Note
|
| |
Page
|
| |||
1组织机构、业务说明和呈报依据
|
| | | | F-10 | | |
2重要会计政策摘要
|
| | | | F-11 | | |
3 Revenue
|
| | | | F-16 | | |
4 Related Party Transactions
|
| | | | F-17 | | |
5 Supplementary Information
|
| | | | F-18 | | |
6 Income Taxes
|
| | | | F-18 | | |
7应收账款和票据,净额
|
| | | | F-22 | | |
8 Inventories
|
| | | | F-22 | | |
9 Property, Plant and Equipment
|
| | | | F-22 | | |
10家非合并子公司
|
| | | | F-22 | | |
11商誉和其他无形资产
|
| | | | F-23 | | |
12承付款和或有负债
|
| | | | F-25 | | |
13 Leases
|
| | | | F-26 | | |
14 Pension Plans
|
| | | | F-27 | | |
15 Stock-Based Compensation
|
| | | | F-28 | | |
16累计其他全面收益(亏损)
|
| | | | F-29 | | |
17 Geographic Information
|
| | | | F-29 | | |
18 Subsequent Events
|
| | | | F-30 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Advanced Solutions
|
| | | $ | 660 | | | | | $ | 493 | | |
Engineering Polymers
|
| | | | 2,276 | | | | | | 1,856 | | |
Performance Resins
|
| | | | 596 | | | | | | 457 | | |
Total
|
| | | $ | 3,532 | | | | | $ | 2,806 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
销售和管理费用
|
| | | $ | 153 | | | | | $ | 140 | | |
研发费用
|
| | | | 27 | | | | | | 29 | | |
Cost of sales
|
| | | | 11 | | | | | | 12 | | |
整合和分离成本(1)
|
| | | | 54 | | | | | | 31 | | |
重组和资产相关费用,净额
|
| | | | — | | | | | | 3 | | |
Total
|
| | | $ | 245 | | | | | $ | 215 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
现金汇集和一般融资活动
|
| | | $ | (83) | | | | | $ | (371) | | |
减少:企业成本分摊
|
| | | | 245 | | | | | | 215 | | |
减去:所得税准备金
|
| | | | 48 | | | | | | 16 | | |
每个母公司净资产变动合并报表向母公司的净转移总额
Investment |
| | | | (376) | | | | | | (602) | | |
股票薪酬
|
| | | | (10) | | | | | | (6) | | |
根据合并现金流量表向母公司进行的净转账
|
| | | $ | (386) | | | | | $ | (608) | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
外汇收益,净额
|
| | | $ | 5 | | | | | $ | 5 | | |
非经营性养老金抵免(1)
|
| | | | 14 | | | | | | 8 | | |
杂项费用净额
|
| | | | (4) | | | | | | — | | |
Sundry income, net
|
| | | $ | 15 | | | | | $ | 13 | | |
(In millions)
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Accounts payable, trade
|
| | | $ | 395 | | | | | $ | 295 | | |
Other(1) | | | | | 68 | | | | | | 58 | | |
Total accounts payable
|
| | | $ | 463 | | | | | $ | 353 | | |
(In millions)
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
使用权益入账的公司累计亏损
方法(“非合并子公司”) |
| | | $ | 66 | | | | | $ | 70 | | |
应计薪酬和其他与员工相关的成本
|
| | | | 39 | | | | | | 20 | | |
当期经营租赁负债(1)
|
| | | | 8 | | | | | | 8 | | |
Other(2) | | | | | 26 | | | | | | 30 | | |
应计负债和其他流动负债
|
| | | $ | 139 | | | | | $ | 128 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
所得税前收入(亏损) | | | | | | | | | | | | | |
Domestic
|
| | | $ | 13 | | | | | $ | (1,539) | | |
Foreign
|
| | | | 460 | | | | | | (1,479) | | |
所得税前收入(亏损)
|
| | | $ | 473 | | | | | $ | (3,018) | | |
Current tax expense | | | | | | | | | | | | | |
Federal
|
| | | $ | 14 | | | | | $ | 16 | | |
State and local
|
| | | | 5 | | | | | | 1 | | |
Foreign(1)
|
| | | | 98 | | | | | | 54 | | |
当期税费总额
|
| | | $ | 117 | | | | | $ | 71 | | |
递延税收优惠 | | | | | | | | | | | | | |
Federal(1)
|
| | | $ | (30) | | | | | $ | (34) | | |
State and local
|
| | | | (6) | | | | | | (5) | | |
Foreign(1)
|
| | | | (33) | | | | | | (16) | | |
递延税收优惠总额
|
| | | $ | (69) | | | | | $ | (55) | | |
所得税拨备
|
| | | | 48 | | | | | | 16 | | |
Net income (loss)
|
| | | $ | 425 | | | | | $ | (3,034) | | |
对帐至美国法定汇率
|
| |
2021
|
| |
2020
|
| ||||||
美国法定联邦所得税税率
|
| | | | 21.0% | | | | | | 21.0% | | |
按美国法定联邦所得税以外的税率征收的外国所得税
rate |
| | | | 0.4 | | | | | | (0.1) | | |
海外收益和股息对美国的税收影响(1)
|
| | | | (4.2) | | | | | | 0.3 | | |
未确认的税收优惠
|
| | | | (0.4) | | | | | | — | | |
Tax goodwill basis step-up(2)
|
| | | | (6.3) | | | | | | — | | |
州和地方所得税
|
| | | | (0.2) | | | | | | 0.1 | | |
估值免税额变动
|
| | | | (0.3) | | | | | | — | | |
Goodwill impairments
|
| | | | — | | | | | | (21.8) | | |
Other, net
|
| | | | 0.1 | | | | | | — | | |
Effective tax rate
|
| | | | 10.1% | | | | | | (0.5)% | | |
12月31日的递延税款余额
(In millions) |
| |
2021
|
| |
2020
|
| ||||||
Deferred tax assets: | | | | | | | | | | | | | |
税损和信用结转(1)
|
| | | $ | 22 | | | | | $ | 28 | | |
Lease liability
|
| | | | 8 | | | | | | 5 | | |
未实现汇兑收益,净额
|
| | | | 1 | | | | | | 1 | | |
其他应计项目和准备金
|
| | | | 15 | | | | | | 10 | | |
Other, net
|
| | | | 48 | | | | | | 21 | | |
递延税项总资产
|
| | | $ | 94 | | | | | $ | 65 | | |
Valuation allowances(1)
|
| | | | (11) | | | | | | (10) | | |
递延税金资产总额
|
| | | $ | 83 | | | | | $ | 55 | | |
递延纳税义务: | | | | | | | | | | | | | |
Inventory
|
| | | $ | (5) | | | | | $ | 1 | | |
Investments
|
| | | | (4) | | | | | | (11) | | |
Operating lease asset
|
| | | | (8) | | | | | | (5) | | |
Property
|
| | | | (86) | | | | | | (104) | | |
Intangibles
|
| | | | (401) | | | | | | (435) | | |
递延纳税负债总额
|
| | | $ | (504) | | | | | $ | (554) | | |
递延纳税净负债总额
|
| | | $ | (421) | | | | | $ | (499) | | |
12月31日营业亏损和税收抵免结转
(In millions) |
| |
Deferred Tax Asset
|
| |||||||||
|
2021
|
| |
2020
|
| ||||||||
营业亏损结转 | | | | | | | | | | | | | |
Expire within 5 years
|
| | | $ | 2 | | | | | $ | — | | |
5年后到期或无限期到期
|
| | | | 13 | | | | | | 19 | | |
总营业亏损结转
|
| | | $ | 15 | | | | | $ | 19 | | |
税收抵免结转 | | | | | | | | | | | | | |
Expire within 5 years
|
| | | $ | — | | | | | $ | — | | |
5年后到期或无限期到期
|
| | | | 7 | | | | | | 9 | | |
总税收抵免结转
|
| | | $ | 7 | | | | | $ | 9 | | |
营业亏损总额和税收抵免结转
|
| | | $ | 22 | | | | | $ | 28 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
截至1月1日未确认的税收优惠总额
|
| | | $ | 9 | | | | | $ | 9 | | |
与前几年的项目相关的仓位减少
|
| | | | (2) | | | | | | — | | |
与前几年的项目相关的职位增加
|
| | | | — | | | | | | — | | |
与本年度担任的职位相关的增加
|
| | | | 1 | | | | | | 1 | | |
与税务机关结清不确定的纳税状况
|
| | | | — | | | | | | (1) | | |
由于诉讼时效过期而减少
|
| | | | — | | | | | | — | | |
Exchange loss (gain)
|
| | | | — | | | | | | — | | |
截至12月31日未确认的税收优惠总额
|
| | | $ | 8 | | | | | $ | 9 | | |
未确认的税收优惠总额,如果确认,将影响实际税率
|
| | | $ | 8 | | | | | $ | 9 | | |
“拨备”中确认的利息和罚款总额
income taxes” |
| | | $ | (1) | | | | | $ | — | | |
与未确认的税收优惠相关的利息和罚款的应计总额
|
| | | $ | 2 | | | | | $ | 3 | | |
2021年12月31日受主要税务管辖区审查的纳税年度
Jurisdiction |
| |
Earliest Open Year
|
| |||
Brazil
|
| | | | 2017 | | |
Canada
|
| | | | 2015 | | |
China
|
| | | | 2011 | | |
Germany
|
| | | | 2015 | | |
Japan
|
| | | | 2013 | | |
The Netherlands
|
| | | | 2017 | | |
Switzerland
|
| | | | 2015 | | |
United States: | | | | | | | |
Federal income tax(1)
|
| | | | 2012 | | |
州和地方所得税
|
| | | | 2011 | | |
(In millions)
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
应收账款,贸易(1)
|
| | | $ | 388 | | | | | $ | 379 | | |
Notes receivable, trade
|
| | | | 31 | | | | | | 29 | | |
Other(2)
|
| | | | 90 | | | | | | 73 | | |
应收账款和票据合计,净额
|
| | | $ | 509 | | | | | $ | 481 | | |
(In millions)
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Finished goods
|
| | | $ | 446 | | | | | $ | 318 | | |
Work in process
|
| | | | 74 | | | | | | 30 | | |
Raw materials
|
| | | | 130 | | | | | | 96 | | |
Supplies
|
| | | | 40 | | | | | | 38 | | |
Total inventories
|
| | | $ | 690 | | | | | $ | 482 | | |
(In millions)
|
| |
Estimated Useful Lives
(Years) |
| |
December 31, 2021
|
| |
December 31, 2020
|
| |||||||||
土地和土地改良
|
| | | | 1 – 25 | | | | | $ | 166 | | | | | $ | 177 | | |
Buildings
|
| | | | 1 – 50 | | | | | | 264 | | | | | | 241 | | |
机器、设备和其他
|
| | | | 1 – 25 | | | | | | 1,004 | | | | | | 975 | | |
施工中
|
| | | | | | | | | | 69 | | | | | | 98 | | |
物业、厂房和设备合计
|
| | | | | | | | | $ | 1,503 | | | | | $ | 1,491 | | |
累计折旧合计
|
| | | | | | | | | $ | (480) | | | | | $ | (391) | | |
物业、厂房和设备合计,净额
|
| | | | | | | | | $ | 1,023 | | | | | $ | 1,100 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Depreciation expense
|
| | | $ | 100 | | | | | $ | 110 | | |
截至12月31日对非合并附属公司的投资
(In millions) |
| |
2021
|
| |
2020
|
| ||||||
投资和非流动应收账款
|
| | | $ | 66 | | | | | $ | 66 | | |
应计负债和其他流动负债
|
| | | | (66) | | | | | | (70) | | |
对非合并附属公司的净投资
|
| | | $ | — | | | | | $ | (4) | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
来自非合并关联公司的股息
|
| | | $ | 5 | | | | | $ | 13 | | |
非合并子公司
|
| |
Total ownership
percentage |
| |||
Toray Co., Ltd.
|
| | | | 50.0% | | |
DuBay Polymer GmbH
|
| | | | 50.0% | | |
DuP Teijin Films U.K.
|
| | | | 50.0% | | |
DuP Teijin Films S.A.
|
| | | | 50.0% | | |
Teijin DuPont Films, Inc.
|
| | | | 49.9% | | |
Teijin-DuPont Films, L.P.
|
| | | | 49.9% | | |
(In millions)
|
| |
Goodwill
|
| |||
Balance at December 31, 2019
|
| | | $ | 5,247 | | |
Impairments
|
| | | | (3,129) | | |
货币折算调整
|
| | | | 51 | | |
Balance at December 31, 2020
|
| | | $ | 2,169 | | |
Impairments
|
| | | | — | | |
货币折算调整
|
| | | | (51) | | |
Balance at December 31, 2021
|
| | | $ | 2,118 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||||||||||||||||||||||||||
(In millions)
|
| |
Gross
Carrying Amount |
| |
Accumulated
Amort |
| |
Net
|
| |
Gross
Carrying Amount |
| |
Accumulated
Amort |
| |
Net
|
| ||||||||||||||||||
有限寿命的无形资产:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Developed technology
|
| | | $ | 585 | | | | | $ | (186) | | | | | $ | 399 | | | | | $ | 586 | | | | | $ | (143) | | | | | $ | 443 | | |
Customer-related
|
| | | | 1,635 | | | | | | (371) | | | | | | 1,264 | | | | | | 1,674 | | | | | | (293) | | | | | | 1,381 | | |
Other
|
| | | | 9 | | | | | | (1) | | | | | | 8 | | | | | | 9 | | | | | | (1) | | | | | | 8 | | |
其他无形资产合计
finite lives |
| | | $ | 2,229 | | | | | $ | (558) | | | | | $ | 1,671 | | | | | $ | 2,269 | | | | | $ | (437) | | | | | $ | 1,832 | | |
寿命不定的无形资产:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
商标/商号
|
| | | | 180 | | | | | | — | | | | | | 180 | | | | | | 180 | | | | | | — | | | | | | 180 | | |
其他无形资产合计
indefinite lives |
| | | | 180 | | | | | | — | | | | | | 180 | | | | | | 180 | | | | | | — | | | | | | 180 | | |
Total
|
| | | $ | 2,409 | | | | | $ | (558) | | | | | $ | 1,851 | | | | | $ | 2,449 | | | | | $ | (437) | | | | | $ | 2,012 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Operating lease cost
|
| | | $ | 9 | | | | | $ | 10 | | |
Short-term lease cost
|
| | | | 1 | | | | | | — | | |
Total lease cost
|
| | | $ | 10 | | | | | $ | 10 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
计入租赁负债的金额所支付的现金: | | | | | | | | | | | | | |
经营租赁产生的营运现金流
|
| | | $ | 9 | | | | | $ | 10 | | |
(In millions)
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Operating Leases | | | | | | | | | | | | | |
经营性租赁使用权资产(1)
|
| | | $ | 44 | | | | | $ | 27 | | |
当期经营租赁负债(2)
|
| | | | 8 | | | | | | 8 | | |
非流动经营租赁负债(3)
|
| | | | 36 | | | | | | 19 | | |
经营租赁总负债
|
| | | $ | 44 | | | | | $ | 27 | | |
租赁期限和折扣率
|
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
加权-平均剩余租赁年限(年)
|
| | | | 12.16 | | | | | | 8.01 | | |
Discount rate
|
| | | | 2.42% | | | | | | 3.16% | | |
租赁负债于2021年12月31日到期
(In millions) |
| |
Operating Leases
|
| |||
2022
|
| | | $ | 9 | | |
2023
|
| | | | 7 | | |
2024
|
| | | | 6 | | |
2025
|
| | | | 5 | | |
2026
|
| | | | 4 | | |
2027 and thereafter
|
| | | | 23 | | |
Total lease payments
|
| | | $ | 54 | | |
Less: Interest
|
| | | | 10 | | |
租赁负债现值
|
| | | $ | 44 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Plan Name | | | | | | | | | | | | | |
Non-U.S. Plans (credit) expense
|
| | | $ | (3) | | | | | $ | 4 | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
Contributions
|
| | | $ | 13 | | | | | $ | 11 | | |
(In millions)
截至12月31日的年度 |
| |
Cumulative
Translation Adj |
| |
Total
|
| ||||||
2020 | | | | | | | | | | | | | |
Balance at January 1, 2020
|
| | | $ | (96) | | | | | $ | (96) | | |
重新分类前的其他综合收益
|
| | | | 141 | | | | | | 141 | | |
净其他综合收益
|
| | | $ | 141 | | | | | $ | 141 | | |
Balance at December 31, 2020
|
| | | $ | 45 | | | | | $ | 45 | | |
2021 | | | | | | | | | | | | | |
重新分类前的其他综合损失
|
| | | | (138) | | | | | | (138) | | |
其他综合亏损净额
|
| | | $ | (138) | | | | | $ | (138) | | |
Balance at December 31, 2021
|
| | | $ | (93) | | | | | $ | (93) | | |
(In millions)
截至12月31日的年度 |
| |
2021
|
| |
2020
|
| ||||||
United States
|
| | | $ | 563 | | | | | $ | 493 | | |
Canada
|
| | | | 40 | | | | | | 40 | | |
EMEA(1) | | | | | 888 | | | | | | 675 | | |
Asia Pacific(2)
|
| | | | 1,857 | | | | | | 1,438 | | |
Latin America
|
| | | | 184 | | | | | | 160 | | |
Total
|
| | | $ | 3,532 | | | | | $ | 2,806 | | |
| | |
December 31,
|
| |||||||||
(In millions)
|
| |
2021
|
| |
2020
|
| ||||||
United States
|
| | | $ | 418 | | | | | $ | 430 | | |
Canada
|
| | | | 26 | | | | | | 24 | | |
EMEA(1)(2) | | | | | 270 | | | | | | 304 | | |
Asia Pacific(3)
|
| | | | 304 | | | | | | 337 | | |
Latin America
|
| | | | 5 | | | | | | 5 | | |
Total
|
| | | $ | 1,023 | | | | | $ | 1,100 | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
Net sales
|
| | | $ | 889 | | | | | $ | 826 | | |
Cost of sales
|
| | | | 682 | | | | | | 576 | | |
研发费用
|
| | | | 18 | | | | | | 19 | | |
销售、一般和行政费用
|
| | | | 84 | | | | | | 81 | | |
无形资产摊销
|
| | | | 33 | | | | | | 33 | | |
整合和分离成本
|
| | | | 96 | | | | | | 1 | | |
未合并关联公司的权益(亏损)收益
|
| | | | (1) | | | | | | 3 | | |
Sundry income (expense), net
|
| | | | 7 | | | | | | (2) | | |
所得税前(亏损)收入
|
| | | | (18) | | | | | | 117 | | |
享受所得税优惠
|
| | | | (4) | | | | | | (9) | | |
Net (loss) income
|
| | | | (14) | | | | | | 126 | | |
可归因于非控股权益的净收入
|
| | | | 1 | | | | | | 5 | | |
移动和材料业务的净(亏损)收入
|
| | | $ | (15) | | | | | $ | 121 | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
Net (loss) income
|
| | | $ | (14) | | | | | $ | 126 | | |
其他综合亏损,税后净额 | | | | | | | | | | | | | |
累计折算调整
|
| | | | (59) | | | | | | (70) | | |
其他综合损失合计
|
| | | | (59) | | | | | | (70) | | |
综合(亏损)收益
|
| | | | (73) | | | | | | 56 | | |
可归因于非控股权益的扣除税金的综合收入
|
| | | | 1 | | | | | | 5 | | |
移动和材料业务的综合(亏损)收入
|
| | | $ | (74) | | | | | $ | 51 | | |
(In millions)
|
| |
March 31, 2022
|
| |
December 31, 2021
|
| ||||||
Assets | | | | | | | | | | | | | |
Current Assets | | | | | | | | | | | | | |
现金和现金等价物
|
| | | $ | 80 | | | | | $ | 80 | | |
应收账款和票据,净额
|
| | | | 577 | | | | | | 509 | | |
Inventories
|
| | | | 785 | | | | | | 690 | | |
预付费用和其他流动资产
|
| | | | 75 | | | | | | 57 | | |
Total current assets
|
| | | | 1,517 | | | | | | 1,336 | | |
Property | | | | | | | | | | | | | |
财产、厂房和设备
|
| | | | 1,494 | | | | | | 1,503 | | |
减去:累计折旧
|
| | | | 497 | | | | | | 480 | | |
财产、厂房和设备,净额
|
| | | | 997 | | | | | | 1,023 | | |
Other Assets | | | | | | | | | | | | | |
Goodwill
|
| | | | 2,093 | | | | | | 2,118 | | |
其他无形资产
|
| | | | 1,812 | | | | | | 1,851 | | |
投资和非流动应收账款
|
| | | | 56 | | | | | | 67 | | |
递延所得税资产
|
| | | | 19 | | | | | | 22 | | |
递延费用和其他资产
|
| | | | 44 | | | | | | 45 | | |
Total Other Assets
|
| | | | 4,024 | | | | | | 4,103 | | |
Total Assets
|
| | | $ | 6,538 | | | | | $ | 6,462 | | |
负债和股权 | | | | | | | | | | | | | |
流动负债 | | | | | | | | | | | | | |
Accounts payable
|
| | | $ | 531 | | | | | $ | 463 | | |
Income taxes payable
|
| | | | 79 | | | | | | 84 | | |
应计负债和其他流动负债
|
| | | | 106 | | | | | | 139 | | |
流动负债总额
|
| | | | 716 | | | | | | 686 | | |
其他非流动债务 | | | | | | | | | | | | | |
递延所得税负债
|
| | | | 413 | | | | | | 443 | | |
其他非流动债务
|
| | | | 60 | | | | | | 63 | | |
其他非流动债务合计
|
| | | | 473 | | | | | | 506 | | |
Total Liabilities
|
| | | | 1,189 | | | | | | 1,192 | | |
承付款和或有负债(附注8) | | | | | | | | | | | | | |
Equity | | | | | | | | | | | | | |
母公司净投资
|
| | | | 5,321 | | | | | | 5,182 | | |
累计其他综合损失
|
| | | | (152) | | | | | | (93) | | |
移动性和材料业务总股本
|
| | | | 5,169 | | | | | | 5,089 | | |
非控股权益
|
| | | | 180 | | | | | | 181 | | |
Total Equity
|
| | | | 5,349 | | | | | | 5,270 | | |
负债和权益合计
|
| | | $ | 6,538 | | | | | $ | 6,462 | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
经营活动 | | | | | | | | | | | | | |
Net (loss) income
|
| | | $ | (14) | | | | | $ | 126 | | |
将净(亏损)收入与经营活动提供的现金净额(用于)进行调整:
|
| | | | | | | | | | | | |
财产、厂房和设备折旧
|
| | | | 25 | | | | | | 25 | | |
定期无形资产摊销
|
| | | | 33 | | | | | | 33 | | |
股票薪酬
|
| | | | — | | | | | | 2 | | |
递延所得税和其他税收相关项目的抵免
|
| | | | (29) | | | | | | (34) | | |
关联公司亏损(收益)权益
|
| | | | 1 | | | | | | (3) | | |
资产和负债变动:
|
| | | | | | | | | | | | |
应收账款和票据
|
| | | | (77) | | | | | | (27) | | |
Inventories
|
| | | | (103) | | | | | | (94) | | |
Accounts payable
|
| | | | 83 | | | | | | 75 | | |
其他资产和负债,净额
|
| | | | (62) | | | | | | (3) | | |
经营活动提供的现金(用于)
|
| | | | (143) | | | | | | 100 | | |
投资活动 | | | | | | | | | | | | | |
Capital expenditures
|
| | | | (21) | | | | | | (13) | | |
股权子公司的现金分配
|
| | | | 12 | | | | | | — | | |
用于投资活动的现金
|
| | | | (9) | | | | | | (13) | | |
融资活动 | | | | | | | | | | | | | |
(分配给)非控股权益的贡献
|
| | | | (2) | | | | | | 4 | | |
从母公司(到母公司)的净转账
|
| | | | 154 | | | | | | (90) | | |
融资活动提供(用于)的现金
|
| | | | 152 | | | | | | (86) | | |
现金和现金等价物增加
|
| | | | — | | | | | | 1 | | |
期初现金及现金等价物
|
| | | | 80 | | | | | | 70 | | |
期末现金和现金等价物
|
| | | $ | 80 | | | | | $ | 71 | | |
(In millions)
|
| |
Parent Company
Net Investment |
| |
Accumulated Other
Comprehensive Income (Loss) |
| |
Total Mobility &
Materials Businesses Equity |
| |
Non-controlling
Interests |
| |
Total Equity
|
| |||||||||||||||
Balance at December 31, 2020
|
| | | $ | 5,150 | | | | | $ | 45 | | | | | $ | 5,195 | | | | | $ | 171 | | | | | $ | 5,366 | | |
Net income
|
| | | | 121 | | | | | | — | | | | | | 121 | | | | | | 5 | | | | | | 126 | | |
其他全面亏损
|
| | | | — | | | | | | (70) | | | | | | (70) | | | | | | — | | | | | | (70) | | |
非控股权益的贡献
|
| | | | — | | | | | | — | | | | | | — | | | | | | 4 | | | | | | 4 | | |
Net transfers to Parent
|
| | | | (88) | | | | | | — | | | | | | (88) | | | | | | — | | | | | | (88) | | |
Balance at March 31, 2021
|
| | | $ | 5,183 | | | | | $ | (25) | | | | | $ | 5,158 | | | | | $ | 180 | | | | | $ | 5,338 | | |
Balance at December 31, 2021
|
| | | $ | 5,182 | | | | | $ | (93) | | | | | $ | 5,089 | | | | | $ | 181 | | | | | $ | 5,270 | | |
Net (loss) income
|
| | | | (15) | | | | | | — | | | | | | (15) | | | | | | 1 | | | | | | (14) | | |
其他全面亏损
|
| | | | — | | | | | | (59) | | | | | | (59) | | | | | | — | | | | | | (59) | | |
分配给非控股权益
|
| | | | — | | | | | | — | | | | | | — | | | | | | (2) | | | | | | (2) | | |
来自母公司的净转账
|
| | | | 154 | | | | | | — | | | | | | 154 | | | | | | — | | | | | | 154 | | |
Balance at March 31, 2022
|
| | | $ | 5,321 | | | | | $ | (152) | | | | | $ | 5,169 | | | | | $ | 180 | | | | | $ | 5,349 | | |
Note
|
| | | | |
Page
|
| |||
1
|
| |
重要会计政策摘要
|
| | | | F-37 | | |
2
|
| |
Revenue
|
| | | | F-37 | | |
3
|
| |
关联方交易
|
| | | | F-38 | | |
4
|
| |
Sundry Income (Expense), Net
|
| | | | F-39 | | |
5
|
| |
Income Taxes
|
| | | | F-39 | | |
6
|
| |
Inventories
|
| | | | F-40 | | |
7
|
| |
商誉和其他无形资产
|
| | | | F-40 | | |
8
|
| |
承付款和或有负债
|
| | | | F-40 | | |
9
|
| |
Leases
|
| | | | F-41 | | |
10
|
| |
累计其他综合收益(亏损)
|
| | | | F-41 | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
Advanced Solutions
|
| | | $ | 147 | | | | | $ | 166 | | |
Engineering Polymers
|
| | | | 587 | | | | | | 501 | | |
Performance Resins
|
| | | | 155 | | | | | | 159 | | |
Total
|
| | | $ | 889 | | | | | $ | 826 | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
销售和管理费用
|
| | | $ | 38 | | | | | $ | 37 | | |
研发费用
|
| | | | 6 | | | | | | 6 | | |
Cost of sales
|
| | | | 4 | | | | | | 3 | | |
整合和分离成本(1)
|
| | | | 96 | | | | | | 1 | | |
Total
|
| | | $ | 144 | | | | | $ | 47 | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
现金汇集和一般融资活动
|
| | | $ | 294 | | | | | $ | (50) | | |
减少:企业成本分摊
|
| | | | 144 | | | | | | 47 | | |
少:所得税受益
|
| | | | (4) | | | | | | (9) | | |
根据母公司投资净额变动的中期合并报表,从母公司(向母公司)净转移总额
|
| | | | 154 | | | | | | (88) | | |
股票薪酬
|
| | | | — | | | | | | (2) | | |
根据中期现金流量合并报表从母公司(向母公司)进行的净转账
|
| | | $ | 154 | | | | | $ | (90) | | |
(In millions)
截至3月31日的三个月 |
| |
2022
|
| |
2021
|
| ||||||
外汇收益,净额
|
| | | $ | 7 | | | | | $ | 1 | | |
非经营性养老金信贷
|
| | | | 4 | | | | | | 3 | | |
杂项费用净额
|
| | | | (4) | | | | | | (6) | | |
Sundry income (expense), net
|
| | | $ | 7 | | | | | $ | (2) | | |
(In millions)
|
| |
March 31, 2022
|
| |
December 31, 2021
|
| ||||||
Finished goods
|
| | | $ | 503 | | | | | $ | 446 | | |
Work in process
|
| | | | 79 | | | | | | 74 | | |
Raw materials
|
| | | | 163 | | | | | | 130 | | |
Supplies
|
| | | | 40 | | | | | | 40 | | |
Total inventories
|
| | | $ | 785 | | | | | $ | 690 | | |
(In millions)
|
| |
Goodwill
|
| |||
Balance at December 31, 2021
|
| | | $ | 2,118 | | |
货币折算调整
|
| | | | (25) | | |
Balance at March 31, 2022
|
| | | $ | 2,093 | | |
| | |
March 31, 2022
|
| |
December 31, 2021
|
| ||||||||||||||||||||||||||||||
(In millions)
|
| |
Gross
Carrying Amount |
| |
Accumulated
Amort |
| |
Net
|
| |
Gross
Carrying Amount |
| |
Accumulated
Amort |
| |
Net
|
| ||||||||||||||||||
有限寿命的无形资产: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Developed technology
|
| | | $ | 585 | | | | | $ | (197) | | | | | $ | 388 | | | | | $ | 585 | | | | | $ | (186) | | | | | $ | 399 | | |
Customer-related
|
| | | | 1,636 | | | | | | (400) | | | | | | 1,236 | | | | | | 1,635 | | | | | | (371) | | | | | | 1,264 | | |
Other
|
| | | | 9 | | | | | | (1) | | | | | | 8 | | | | | | 9 | | | | | | (1) | | | | | | 8 | | |
有限寿命的其他无形资产合计
|
| | | $ | 2,230 | | | | | $ | (598) | | | | | $ | 1,632 | | | | | $ | 2,229 | | | | | $ | (558) | | | | | $ | 1,671 | | |
寿命不定的无形资产: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
商标/商号
|
| | | | 180 | | | | | | — | | | | | | 180 | | | | | | 180 | | | | | | — | | | | | | 180 | | |
寿命不确定的其他无形资产合计
|
| | | | 180 | | | | | | — | | | | | | 180 | | | | | | 180 | | | | | | — | | | | | | 180 | | |
Total
|
| | | $ | 2,410 | | | | | $ | (598) | | | | | $ | 1,812 | | | | | $ | 2,409 | | | | | $ | (558) | | | | | $ | 1,851 | | |
(In millions)
|
| |
March 31, 2022
|
| |
December 31, 2021
|
| ||||||
Operating Leases | | | | | | | | | | | | | |
经营性租赁使用权资产(1)
|
| | | $ | 42 | | | | | $ | 44 | | |
当期经营租赁负债(2)
|
| | | | 7 | | | | | | 8 | | |
非流动经营租赁负债(3)
|
| | | | 35 | | | | | | 36 | | |
经营租赁总负债
|
| | | $ | 42 | | | | | $ | 44 | | |
(In millions)
截至3月31日的三个月 |
| |
Cumulative
Translation Adj |
| |
Total
|
| ||||||
2021 | | | | | | | | | | | | | |
Balance at January 1, 2021
|
| | | $ | 45 | | | | | $ | 45 | | |
重新分类前的其他综合损失
|
| | | | (70) | | | | | | (70) | | |
其他综合亏损净额
|
| | | $ | (70) | | | | | $ | (70) | | |
Balance at March 31, 2021
|
| | | $ | (25) | | | | | $ | (25) | | |
2022 | | | | | | | | | | | | | |
Balance at January 1, 2022
|
| | | $ | (93) | | | | | $ | (93) | | |
重新分类前的其他综合损失
|
| | | | (59) | | | | | | (59) | | |
其他综合亏损净额
|
| | | $ | (59) | | | | | $ | (59) | | |
Balance at March 31, 2022
|
| | | $ | (152) | | | | | $ | (152) | | |
| | |
Page
|
| |||
关于本招股说明书的重要信息
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| | | | 1 | | |
有关前瞻性陈述的特别说明
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| | | | 1 | | |
您可以在哪里找到更多信息
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| | | | 3 | | |
通过引用并入某些信息
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Our Company
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| | | | 3 | | |
辅助担保人
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| | | | 4 | | |
Use of Proceeds
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股本说明
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| | | | 4 | | |
债务证券及担保说明
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| | | | 9 | | |
Plan of Distribution
|
| | | | 17 | | |
证券的有效期
|
| | | | 17 | | |
Experts
|
| | | | 17 | | |
| MUFG | | |
SMBC Nikko
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UniCredit
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US Bancorp
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Morgan Stanley
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PNC Capital Markets LLC
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Santander
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渣打银行
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TD Securities
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