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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 561,771 $ 643,854
Accounts receivable, less allowance for doubtful accounts of $48,325 in 2024; $35,939 in 2023 764,550 762,549
Inventories 1,286,811 1,166,700
Commodity derivative assets – current 148,801 178,083
Other current assets 88,344 55,777
Total current assets 2,850,277 2,806,963
Other assets:    
Goodwill 127,856 127,856
Other intangible assets, net 69,345 85,579
Right of use assets, net 104,630 54,234
Other assets 101,055 87,010
Total other assets 402,886 354,679
Property, plant and equipment, net 868,151 693,365
Total assets 4,121,314 3,855,007
Current liabilities:    
Short-term debt 166,614 43,106
Trade and other payables 1,047,436 1,055,473
Customer prepayments and deferred revenue 194,025 187,054
Commodity derivative liabilities – current 59,766 90,849
Current maturities of long-term debt 36,139 27,561
Accrued expenses and other current liabilities 227,192 232,288
Total current liabilities 1,731,172 1,636,331
Long-term lease liabilities 65,312 31,659
Long-term debt, less current maturities 608,151 562,960
Deferred income taxes 55,005 58,581
Other long-term liabilities 61,838 49,089
Total liabilities 2,521,478 2,338,620
Commitments and contingencies (Note 14)
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 34,083 shares issued in 2024 and 34,064 in 2023) 142 142
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in capital 385,609 387,210
Treasury shares, at cost (70 shares in 2024; 270 in 2023) (2,860) (10,261)
Accumulated other comprehensive income 12,585 22,865
Retained earnings 970,710 882,943
Total shareholders’ equity of The Andersons, Inc. 1,366,186 1,282,899
Noncontrolling interests 233,650 233,488
Total equity 1,599,836 1,516,387
Total liabilities and equity $ 4,121,314 $ 3,855,007
Common Stock, Shares, Issued 34,083,000 34,064,000