Lineage Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	13,055	12,508	12,538	12,067	10,789
Cash & Equivalents	66	175	68	170.6	209.1
Accounts Receivable	896	826	907	934.1	688.5
Investment In Debt and Equity Securities	26	87	150	265.7	73.8
Goodwill	3,466	3,338	3,394	3,305	2,842
Other Intangible Assets	1,090	1,127	1,280	1,331	1,296
Loans Receivable Current	-	-	6	1.6	4.4
Restricted Cash	-	-	3	31.4	31
Other Current Assets	277	284	272	261.3	309.7
Deferred Long-Term Tax Assets	46	49	10	4.2	21.1
Deferred Long-Term Charges	21	28	9	13.7	14.8
Other Long-Term Assets	242	239	234	172	138.3
Total Assets	19,185	18,661	18,871	18,557	16,419
Current Portion of Long-Term Debt	2	56	24	36.4	19.5
Current Portion of Leases	140	221	143	126	110.7
Long-Term Debt	6,107	5,153	8,958	8,697	7,607
Long-Term Leases	1,880	1,916	2,067	2,024	2,018
Accounts Payable	1,176	877	933	869	673.8
Accrued Expenses	14	11	18	14.2	11.9
Current Unearned Revenue	81	83	94	91.8	67.2
Other Current Liabilities	135	245	153	84.3	163.7
Long-Term Deferred Tax Liabilities	303	304	370	413.5	384.3
Other Long-Term Liabilities	104	101	89	95	85.2
Total Liabilities	9,942	8,967	12,849	12,452	11,142
Preferred Stock, Redeemable	-	-	1	0.6	0.6
Common Stock	2	2	2	1.6	1.5
Additional Paid-In Capital	10,780	10,764	5,961	5,915	4,995
Retained Earnings	-2,439	-1,855	-879	-712.8	-667
Comprehensive Income & Other	-97	-273	-34	-37.4	9.5
Total Common Equity	8,246	8,638	5,050	5,166	4,339
Minority Interest	997	1,056	971	938.7	937.1
Shareholders' Equity	9,243	9,694	6,022	6,106	5,277
Total Liabilities & Equity	19,185	18,661	18,871	18,557	16,419
Total Debt	8,129	7,346	11,192	10,884	9,756
Net Cash (Debt)	-8,063	-7,171	-11,124	-10,713	-9,547
Net Cash Per Share	-35.36	-37.54	-68.67	-70.48	-72.87
Filing Date Shares Outstanding	227.08	228.2	162.02	152	131
Total Common Shares Outstanding	226.97	228.19	162.02	152	131
Book Value Per Share	36.33	37.85	31.17	33.99	33.12
Tangible Book Value	3,690	4,173	376	530.1	200.4
Tangible Book Value Per Share	16.26	18.29	2.32	3.49	1.53
Land	1,683	1,530	1,446	-	1,052
Buildings	9,601	8,759	8,545	7,866	6,786
Construction In Progress	573	396	432	653.1	508.2

Source: S&P Capital IQ. Real Estate template. Financial Sources.