Axalta Coating Systems Ltd.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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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.
FY2025 · Filed Feb 13, 2026
AXTA$37.38-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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(14) PROPERTY, PLANT AND EQUIPMENT, NET
| Year Ended December 31, | |||||
|---|---|---|---|---|---|
| Useful Lives (years) · 2025 · 2024 | |||||
| Land | $76 | $72 | |||
| Buildings and improvements | 5 | - | 25 | 575 | 517 |
| Machinery and equipment | 5 | - | 25 | 1,549 | 1,403 |
| Software and information technology assets | 5 | - | 15 | 287 | 272 |
| Other | 3 | - | 20 | 72 | 74 |
| Construction in progress | 172 | 116 | |||
| Total | 2,731 | 2,454 | |||
| Accumulated depreciation | (1,432) | (1,273) | |||
| Property, plant and equipment, net | $1,299 | $1,181 | |||
Depreciation expense amounted to $131 million,$127 million and $121 million for the years ended December 31, 2025, 2024 and 2023, respectively.
We capitalized interest of $7 million, $4 million and $6 million for the years ended December 31, 2025, 2024 and 2023, respectively.
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