v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,036 $ 1,309
Accounts receivable, net    
Inventories 3,054 2,515
Prepaid expenses and other current assets 234 152
Fair value of derivative instruments 176 45
Assets held for sale 6 1
Total current assets 6,715 5,943
Property, plant and equipment, net 6,851 5,741
Goodwill 1,074 1,074
Intangible assets, net 509 545
Investment in and advances to non–consolidated affiliates 912 905
Deferred income tax assets 188 143
Other long–term assets    
Total assets 16,515 14,628
Current liabilities:    
Current portion of long–term debt 32 33
Short–term borrowings 348 759
Accounts payable    
Fair value of derivative instruments 106 144
Accrued expenses and other current liabilities 666 627
Total current liabilities 5,114 4,835
Long–term debt, net of current portion 5,773 4,866
Deferred income tax liabilities 295 253
Accrued postretirement benefits 534 559
Other long–term liabilities 284 305
Total liabilities 12,000 10,818
Commitments and contingencies
Shareholder's equity:    
Common stock, no par value; Unlimited number of shares authorized; 600,000,000 shares issued and outstanding as of March 31, 2025 and March 31, 2024 0 0
Additional paid–in capital 1,108 1,108
Retained earnings 3,755 3,072
Accumulated other comprehensive loss (358) (381)
Total equity of our common shareholder 4,505 3,799
Noncontrolling interests 10 11
Total equity 4,515 3,810
Total liabilities and equity 16,515 14,628
Third Parties    
Accounts receivable, net    
Accounts receivable, net 2,073 1,760
Other long–term assets    
Other long–term assets 263 274
Accounts payable    
Accounts payable 3,687 2,992
Related Parties    
Accounts receivable, net    
Accounts receivable, net 136 161
Other long–term assets    
Other long–term assets 3 3
Accounts payable    
Accounts payable $ 275 $ 280