v3.26.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Mar. 31, 2026
Current assets:    
Cash and cash equivalents $ 1,105 $ 1,254
Accounts receivable, net    
Inventories 5,201 4,401
Prepaid expenses and other current assets 382 354
Fair value of derivative instruments 418 234
Assets held for sale 15 15
Total current assets 10,479 8,993
Property, plant and equipment, net 9,390 8,811
Goodwill 1,079 1,079
Intangible assets, net 429 442
Investment in and advances to non-consolidated affiliates 954 961
Deferred income tax assets 324 359
Other long-term assets    
Total assets 22,959 20,946
Current liabilities:    
Current portion of long-term debt 56 54
Short-term borrowings 2,284 1,305
Accounts payable    
Fair value of derivative instruments 330 824
Accrued expenses and other current liabilities 737 780
Total current liabilities 9,639 8,282
Long-term debt, net of current portion 6,567 6,551
Deferred income tax liabilities 223 139
Accrued postretirement benefits 470 485
Other long-term liabilities 303 305
Total liabilities 17,202 15,762
Commitments and contingencies
Shareholder's equity:    
Common stock, no par value; Unlimited number of shares authorized; 606,333,333 shares issued and outstanding as of June 30, 2026, and March 31, 2026 0 0
Additional paid-in capital 2,023 2,023
Retained earnings 3,934 3,770
Accumulated other comprehensive loss (211) (621)
Total equity of our common shareholder 5,746 5,172
Noncontrolling interests 11 12
Total equity 5,757 5,184
Total liabilities and equity 22,959 20,946
Third Party    
Accounts receivable, net    
Parties 3,053 2,538
Other long-term assets    
Parties 298 295
Accounts payable    
Parties 5,811 4,985
Related Party    
Accounts receivable, net    
Parties 305 197
Other long-term assets    
Parties 6 6
Accounts payable    
Parties $ 421 $ 334