Balance Sheet Tables for U.S. Corporations in Manufacturing, Mining, Trade, and Selected Service Industries

Balance Sheet Tables for U.S. Corporations in Durable Manufacturing: Primary Metals: Iron, Steel, and Ferroalloys Industry, Quarterly, Not Seasonally Adjusted

		Millions of Dollars
	Name	Q4 2025	Q3 2025	Q4 2024
	Assets
	Total Cash on Hand and in U.S. Banks	7,593	6,723	9,881
	Cash and Demand Deposits in the U.S.	6,788	5,918	8,834
	Time Deposits in the U.S., Including Negotiable Certificates of Deposit	806	805	1,047
	Total Cash, U.S. Government and Other Securities	8,550	8,484	11,769
	Total Cash on Hand and in U.S. Banks	7,593	6,723	9,881
	Other Short-term Financial Investments	957	1,761	1,888
	Total Current Assets	58,898	58,801	60,057
	Total Cash, U.S. Government and Other Securities	8,550	8,484	11,769
	Trade Accounts and Trade Notes Receivable (Less Allowance for Doubtful Accounts)	15,984	17,175	14,758
	Inventories	28,144	27,247	27,191
	All Other Current Assets	6,220	5,895	6,340
	Net Property, Plant, and Equipment	71,718	69,238	66,488
	Property, Plant, and Equipment	133,267	128,979	124,080
	Land and Mineral Rights	4,908	4,491	4,576
	Less: Accumulated Depreciation, Depletion, and Amortization	66,458	64,232	62,168
	Total Assets	183,537	178,941	178,247
	Total Current Assets	58,898	58,801	60,057
	Net Property, Plant, and Equipment	71,718	69,238	66,488
	All Other Noncurrent Assets	52,922	50,902	51,701
	Liabilities and Stockholders' Equity
	Total Current Liabilities	30,212	27,468	28,307
	Short-term Debt, Original Maturity of 1 Year or Less
	Loans from Banks	707	861	950
	Other Short-term Loans, Including Commercial Paper	389	113	7
	Trade Accounts and Trade Notes Payable	14,292	14,695	13,110
	Income Taxes Accrued, Prior and Current Years, Net of Payments	1,932	482	1,555
	Current Portion of Long-term Debt, Due in 1 Year or Less
	Loans from Banks	530	1,001	923
	Other Long-term Loans	983	373	1,845
	All Other Current Liabilities	11,379	9,943	9,917
	Total Liabilities	77,646	74,099	72,741
	Total Current Liabilities	30,212	27,468	28,307
	Long-term Debt, Due in More than 1 Year
	Loans from Banks	9,948	10,943	11,607
	Other Long-term Loans	25,380	22,737	19,648
	All Other Noncurrent Liabilities	12,106	12,950	13,179
	Stockholders' Equity	105,890	104,842	105,505
	Capital Stock and Other Capital (Less Treasury Stock)	23,754	19,200	22,408
	Retained Earnings	82,137	85,641	83,097
	Total Liabilities and Stockholders' Equity	183,537	178,941	178,247
	Total Liabilities	77,646	74,099	72,741
	Stockholders' Equity	105,890	104,842	105,505
	Net Working Capital	28,686	31,333	31,750
	Total Current Assets	58,898	58,801	60,057
	Less: TOTAL CURRENT LIABILITIES	30,212	27,468	28,307