Axalta Coating Systems Ltd
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 13, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(10) OTHER EXPENSE, NET
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Foreign exchange losses, net | $11 | $23 | $15 |
| Debt extinguishment and refinancing-related costs (1) | 5 | 10 | 15 |
| Other miscellaneous income, net (2) | (11) | (13) | (4) |
| Total | $5 | $20 | $26 |
(1) Debt extinguishment and refinancing-related costs include third-party fees incurred and the loss on extinguishment associated with the write-off of unamortized deferred financing costs and original issue discounts in conjunction with the restructuring and refinancing of our long-term borrowings, as discussed further in Note 19.
(2) Activity during the year ended December 31, 2022 includes expense of $5 million related to a charge for a customer concession discussed further in Note 2.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.