COMMERCIAL METALS Co
For the period ended Aug 31, 2024. Filed Oct 17, 2024.
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FY2024 · Filed Oct 17, 2024
CMC$64.24-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of August 31, 202 and
| COMMERCIAL METALS COMPANY AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS | ||
|---|---|---|
| August 31, | ||
| (in thousands, except share and per share data) | 2024 | 2023 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $857,922 | $592,332 |
| Accounts receivable (less allowance for doubtful accounts of $3,494 and $4,135) | 1,158,946 | 1,240,217 |
| Inventories | 971,755 | 1,035,582 |
| Prepaid and other current assets | 285,489 | 276,024 |
| Assets held for sale | 18,656 | — |
| Total current assets | 3,292,768 | 3,144,155 |
| Property, plant and equipment: | ||
| Land | 165,674 | 160,067 |
| Buildings and improvements | 1,166,788 | 1,071,102 |
| Equipment | 3,317,537 | 3,089,007 |
| Construction in process | 261,321 | 213,651 |
| 4,911,320 | 4,533,827 | |
| Less accumulated depreciation and amortization | (2,334,184) | (2,124,467) |
| Property, plant and equipment, net | 2,577,136 | 2,409,360 |
| Intangible assets, net | 234,869 | 259,161 |
| Goodwill | 385,630 | 385,821 |
| Other noncurrent assets | 327,436 | 440,597 |
| Total assets | $6,817,839 | $6,639,094 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $350,550 | $364,390 |
| Accrued expenses and other payables | 445,514 | 438,811 |
| Current maturities of long-term debt and short-term borrowings | 38,786 | 40,513 |
| Total current liabilities | 834,850 | 843,714 |
| Deferred income taxes | 276,908 | 306,801 |
| Other noncurrent liabilities | 255,222 | 253,181 |
| Long-term debt | 1,150,835 | 1,114,284 |
| Total liabilities | 2,517,815 | 2,517,980 |
| Commitments and contingencies (Note 17) | ||
| Stockholders' equity: | ||
| Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 114,104,057 and 116,515,427 shares | 1,290 | 1,290 |
| Additional paid-in capital | 407,232 | 394,672 |
| Accumulated other comprehensive loss | (85,952) | (3,778) |
| Retained earnings | 4,503,885 | 4,097,262 |
| Less treasury stock, 14,956,607 and 12,545,237 shares at cost | (526,679) | (368,573) |
| Stockholders' equity | 4,299,776 | 4,120,873 |
| Stockholders' equity attributable to non-controlling interests | 248 | 241 |
| Total stockholders' equity | 4,300,024 | 4,121,114 |
| Total liabilities and stockholders' equity | $6,817,839 | $6,639,094 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.