ARRIS International plc (ARRS) financial statements (2022 and earlier)

Company profile

Business Address 3871 LAKEFIELD DRIVE
SUWANEE, GA 30024
State of Incorp.
Fiscal Year End December 31
SIC 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7355205485435111,4131,385
Cash and cash equivalents7304815015064881,3801,346
Short-term investments6404737243339
Receivables1,4481,3531,3751,2041,3761,2021,124
Inventory, net of allowances, customer advances and progress billings740717803849825775658
Inventory740717803849825775658
Prepaid expense27344036272832
Other current assets144201196173146110119
Other undisclosed current assets17181026284216
Total current assets:3,1132,8432,9732,8322,9143,5693,335
Noncurrent Assets
Property, plant and equipment288290300309372348355
Long-term investments and receivables45727070717361
Long-term investments45727070717361
Intangible assets, net (including goodwill)3,6443,7503,8403,9204,0503,4233,506
Goodwill2,2412,2612,2592,3372,2792,0172,015
Intangible assets, net (excluding goodwill)1,4041,4891,5801,5831,7711,4071,491
Other noncurrent assets6377721041025755
Other undisclosed noncurrent assets175155146131115194199
Total noncurrent assets:4,2154,3434,4284,5344,7114,0954,176
TOTAL ASSETS:7,3287,1877,4027,3667,6247,6647,511
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4701,2931,3071,1711,4131,4181,338
Accounts payable1,2891,1011,1261,0111,2071,2661,202
Accrued liabilities37413942454545
Employee-related liabilities14214714011315610281
Taxes payable3425649
Debt84848484848989
Deferred revenue and credits144115119130
Other liabilities302356361316321327303
Other undisclosed current liabilities111116124    
Total current liabilities:1,9681,8491,8751,7151,9331,9531,860
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,0322,0532,0742,0952,1162,1122,135
Capital lease obligations2,0462,0692,0912,1132,1352,1272,151
Other undisclosed long-term debt and lease obligation(14)(15)(16)(18)(19)(15)(17)
Liabilities, other than long-term debt263273284399391372374
Deferred revenue and credits56   
Accounts payable and accrued liabilities119112121159145115114
Deferred tax liabilities, net47606369698384
Liability, pension and other postretirement and postemployment benefits25323243435556
Other liabilities72686972135118120
Other undisclosed noncurrent liabilities595958    
Total noncurrent liabilities:2,3542,3852,4172,4942,5072,4842,508
Total liabilities:4,3224,2334,2924,2094,4404,4374,368
Stockholders' equity
Stockholders' equity attributable to parent, including:2,9922,9393,0933,1413,1693,1913,104
Common stock33   33
Additional paid in capital3,4693,4393,4253,3923,3873,3683,356
Accumulated other comprehensive income (loss)(13)(9)(5)13592
Accumulated deficit(466)(495)(330)(266)(226)(188)(257)
Other undisclosed stockholders' equity attributable to parent  333  
Stockholders' equity attributable to noncontrolling interest14151616153638
Total stockholders' equity:3,0062,9543,1093,1573,1843,2273,142
TOTAL LIABILITIES AND EQUITY:7,3287,1877,4027,3667,6247,6647,511

Income statement (P&L) ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Revenues1,7871,6511,7271,5781,7391,7291,664
Revenue, net1,5781,7391,7291,664
Cost of revenue
(Cost of Goods and Services Sold)
(1,308)(1,186)(1,228)(1,102)(1,244)(1,297)(1,261)
Gross profit:479465499476494431403
Operating expenses(411)(412)(454)(463)(507)(347)(348)
Operating income (loss):68534513(13)8456
Nonoperating income (expense)0(0)3(3)(2)9(9)
Investment income, nonoperating3222222
Foreign currency transaction gain (loss), before tax2(2)1(5)(4)9(9)
Other nonoperating income (expense)(5)(0)0(0)0(1)(1)
Interest and debt expense(25)(24)(24)(23)(24)(20)(23)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(2)11(1)(2)(1)(4)
Income (loss) from continuing operations before income taxes:413025(14)(40)7320
Income tax expense (benefit)21610(3)32148
Net income (loss):444635(17)(8)8728
Net income attributable to noncontrolling interest11132122
Net income (loss) available to common stockholders, diluted:454736(14)128830

Comprehensive Income ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Net income (loss):444635(17)(8)8728
Other comprehensive income (loss)(4)(4)(17)8(4)  
Other undisclosed comprehensive income (loss)    (0)7(8)
Comprehensive income (loss):404218(9)(12)9320
Comprehensive income, net of tax, attributable to noncontrolling interest11132122
Comprehensive income (loss), net of tax, attributable to parent:414319(6)89522

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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