v3.26.3
CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 158 $ 120
Trade receivables and other, net 1,003 723
Inventories 1,905 1,407
Fair value of derivative instruments and other financial assets 42 72
Total current assets 3,108 2,322
Non-current assets    
Property, plant and equipment, net 2,461 2,585
Goodwill 47 47
Intangible assets, net 79 88
Deferred tax assets 124 270
Trade receivables and other, net 35 31
Fair value of derivative instruments 1 11
Total non-current assets 2,747 3,032
Total assets 5,855 5,354
Current liabilities    
Trade payables and other 1,943 1,674
Current portion of long-term debt 39 39
Fair value of derivative instruments 39 18
Income tax payable 29 18
Pension and other benefit obligations 23 24
Provisions 23 25
Total current liabilities 2,096 1,798
Non-current liabilities    
Trade payables and other 161 163
Long-term debt 1,778 1,905
Fair value of derivative instruments 13 3
Pension and other benefit obligations 318 338
Provisions 90 106
Deferred tax liabilities 58 70
Total non-current liabilities 2,418 2,585
Total liabilities 4,514 4,383
Commitments and contingencies
Shareholders' equity    
Ordinary shares, par value €0.02, 140,819,884 and 146,819,884 shares issued at September 30, 2026 and at December 31, 2025, respectively; 134,536,604 and 135,424,702 shares outstanding at September 30, 2026 and at December 31, 2025, respectively 4 4
Additional paid in capital 623 693
Accumulated other comprehensive income 28 54
Retained earnings 790 354
Treasury shares 6,283,280 at September 30, 2026 and 11,395,182 at December 31, 2025 (111) (153)
Equity attributable to equity holders of Constellium SE 1,334 952
Non-controlling interests 7 19
Total equity 1,341 971
Total equity and liabilities $ 5,855 $ 5,354