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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 115,269 $ 216,444
Accounts receivable, less allowance for doubtful accounts of $26,392 in 2022; $6,911 in 2021 1,248,878 835,180
Inventories 1,731,725 1,814,538
Commodity derivative assets – current 295,588 410,813
Current assets held-for-sale (Note 16) 2,871 20,885
Other current assets 71,622 74,468
Total current assets 3,465,953 3,372,328
Other assets:    
Goodwill 129,342 129,342
Other intangible assets, net 100,907 117,137
Right of use assets, net 61,890 52,146
Other assets held-for-sale (Note 16) 0 43,169
Other assets 87,175 69,068
Total other assets 379,314 410,862
Property, plant and equipment, net 762,729 786,029
Total assets 4,607,996 4,569,219
Current liabilities:    
Short-term debt 272,575 501,792
Trade and other payables 1,423,633 1,199,324
Customer prepayments and deferred revenue 370,524 358,119
Commodity derivative liabilities – current 98,519 128,911
Current maturities of long-term debt 110,155 32,256
Current liabilities held-for-sale (Note 16) 0 13,379
Accrued expenses and other current liabilities 245,916 230,148
Total current liabilities 2,521,322 2,463,929
Non-current operating leases 37,147 31,322
Long-term debt, less current maturities 492,518 600,487
Deferred income taxes 64,080 71,127
Other long-term liabilities held-for-sale (Note 16) 0 16,119
Other long-term liabilities 63,160 78,531
Total liabilities 3,178,227 3,261,515
Commitments and contingencies
Shareholders’ equity:    
Common shares, without par value (63,000 shares authorized; 34,064 shares issued in 2022; 33,870 shares issued in 2021) 142 140
Preferred shares, without par value (1,000 shares authorized; none issued) 0 0
Additional paid-in-capital 385,248 368,595
Treasury shares, at cost (446 in 2022; 11 in 2021) (15,043) (263)
Accumulated other comprehensive income 20,484 1,194
Retained earnings 807,770 702,759
Total shareholders’ equity of The Andersons, Inc. 1,198,601 1,072,425
Noncontrolling interests 231,168 235,279
Total equity 1,429,769 1,307,704
Total liabilities and equity $ 4,607,996 $ 4,569,219