Supplementary Balance Sheet Detail

12 Months Ended

Dec. 31, 2023

Balance Sheet Related Disclosures [Abstract]

The following tables present supplementary balance sheet details:


	December 31, 2023		December 31, 2022
	(Dollars in thousands)
Inventories:
Raw materials and supplies	$	109,084	$	216,761
Work in process	186,473		192,821
Finished goods	34,589		38,159
	$	330,146	$	447,741
Prepaid expenses and other current assets:
Prepaid expenses	$	11,176	$	15,261
Value-added tax and other indirect taxes receivable	28,629		39,417
Spare parts inventory	15,242		12,990
Other current assets	11,335		19,604
	$	66,382	$	87,272
Property, plant and equipment:
Land and improvements	$	49,962	$	48,478
Buildings	87,820		82,054
Machinery and equipment and other	717,002		655,823
Construction in progress	65,660		82,813
	$	920,444	$	869,168
Other accrued liabilities:
Payrolls (including incentive programs)	$	22,369	$	10,799
Employee benefits	7,018		6,921
Deferred revenue	31,583		27,878
Other	30,732		43,751
	$	91,702	$	89,349
Other long-term obligations:
Post-employment benefits	$	12,613	$	11,996
Pension and related benefits	26,068		22,768
Other	16,964		16,058
	$	55,645	$	50,822

The following table presents an analysis of the allowance for doubtful accounts for the years ended December 31:


	2023		2022		2021
	(Dollars in thousands)
Balance at beginning of year	$	8,019	$	6,835	$	8,243
(Credit) charge to income	(439)		1,585		(1,266)
Deductions	128		(401)		(142)
Balance at end of year	$	7,708	$	8,019	$	6,835

Supplier Finance Program (“SFP”) Obligations

GrafTech Mexico S.A. De C.V. (“GrafTech Mexico”) participates in an electronic vendor voucher payment program supported by the Mexican Government through one of its national banks, whereby suppliers can factor their invoices through a financial intermediary. This program gives GrafTech Mexico’s suppliers the option to settle trade receivables by obtaining payment for a discounted amount from the financial intermediary prior to the invoice due date. GrafTech Mexico’s responsibility is limited to making payment on the terms originally negotiated with its supplier, regardless of whether the supplier elects to receive early payment. The range of payment terms GrafTech Mexico negotiates with its suppliers is consistent, irrespective of whether a supplier participates in the program.

SFP obligations are included in accounts payable on the Consolidated Balance Sheets and upon settlement, are reflected as cash flow from operating activities in the Consolidated Statements of Cash Flows. See below for a rollforward of our SFP obligations.


	(Dollars in thousands)
Confirmed obligations outstanding as of December 31, 2022	$	—
Invoices confirmed during the year	24,368
Confirmed invoices paid during the year	(19,732)
Confirmed obligations outstanding as of December 31, 2023	$	4,636