Current Liabilities
Howmet Aerospace·Balance Sheet Statement·16 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Total current liabilities | $2.4B | $1.5B | $1.5B | $1.5B | $1.6B | $1.6B | $1.8B | $2.3B |
| Accounts payable | $971M | $917M | $948M | $991M | $1B | $957M | $845M | $1.1B |
| Current portion of long-term debt | $782M | $1M | $6M | $7M | $5M | $1M | $0 | $450M |
| Short-term borrowings | — | — | — | — | — | — | $0 | $450M |
| Supplier Finance Program Obligations | $287M | $251M | $268M | $264M | $295M | $263M | $266M | $307M |
| Accrued Manufacturing Costs | $235M | $288M | $305M | $235M | $263M | $314M | $343M | $263M |
| Compensation and benefits | $235M | $288M | $305M | $235M | $263M | $314M | $343M | $263M |
| Deferred income | — | — | $60M | — | — | — | $147M | $129M |
| Other accrued liabilities | $225M | $227M | $111M | $178M | $181M | $250M | $121M | $109M |
| Income taxes payable | $81M | $59M | $60M | $105M | $64M | $71M | $77M | $81M |
| Operating lease liabilities, current | $37M | $38M | $37M | $39M | $41M | $41M | $42M | $44M |
| Accrued interest | $64M | $25M | $59M | $32M | $59M | $32M | $47M | $39M |
| Accrued Progress Collections and Price Adjustments | — | — | — | — | — | — | $106M | — |
| Contract liabilities | — | — | $60M | — | — | — | $106M | — |
| Deferred revenue | — | — | — | — | — | — | $147M | — |
| Lease Liability Payments - Remainder of Fiscal Year | — | — | $46M | — | — | — | $52M | — |