Brunswick Corporation (BC) financial statements (2022 and earlier)
Company profile
| Business Address |
26125 N. RIVERWOODS BLVD. SUITE 500 METTAWA, IL 60045-3420 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 351 - Engines And Turbines (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments, including: | 587 | 304 | 459 | ||||
| Cash and cash equivalents | 520 | 294 | 449 | ||||
| Short-term investments | 57 | 1 | 1 | ||||
| Other undisclosed cash, cash equivalents, and short-term investments | 11 | 9 | 9 | ||||
| Restricted cash and investments | 11 | 9 | 9 | ||||
| Receivables | 338 | 551 | 480 | ||||
| Inventory, net of allowances, customer advances and progress billings | 712 | 944 | 766 | ||||
| Inventory | 712 | 944 | 766 | ||||
| Disposal group, including discontinued operation | 69 | ||||||
| Other undisclosed current assets | 23 | 73 | 64 | ||||
| Total current assets: | 1,671 | 1,880 | 1,847 | ||||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 864 | 805 | 660 | ||||
| Other noncurrent assets | 1,237 | 1,600 | 852 | ||||
| Total noncurrent assets: | 2,100 | 2,406 | 1,512 | ||||
| TOTAL ASSETS: | 3,771 | 4,286 | 3,358 | ||||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 1,036 | 1,215 | 973 | ||||
| Accounts payable | 458 | 528 | 410 | ||||
| Accrued liabilities | 579 | 687 | 564 | ||||
| Debt | 43 | 41 | 6 | ||||
| Disposal group, including discontinued operation | 56 | ||||||
| Total current liabilities: | 1,079 | 1,257 | 1,035 | ||||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 978 | 1,180 | 432 | ||||
| Long-term debt, excluding current maturities | 908 | 1,180 | 432 | ||||
| Operating lease, liability | 70 | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 203 | 267 | 408 | ||||
| Liability, pension and other postretirement and postemployment benefits | 75 | 72 | 221 | ||||
| Disposal group, including discontinued operation, liabilities | 3 | ||||||
| Other liabilities | 129 | 196 | 185 | ||||
| Total noncurrent liabilities: | 1,181 | 1,447 | 840 | ||||
| Total liabilities: | 2,261 | 2,703 | 1,875 | ||||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 1,510 | 1,583 | 1,483 | ||||
| Common stock | 77 | 77 | 77 | ||||
| Treasury stock, value | (1,134) | (638) | (575) | ||||
| Additional paid in capital | 384 | 371 | 374 | ||||
| Accumulated other comprehensive loss | (43) | (363) | (360) | ||||
| Retained earnings | 2,226 | 2,136 | 1,967 | ||||
| Total stockholders' equity: | 1,510 | 1,583 | 1,483 | ||||
| TOTAL LIABILITIES AND EQUITY: | 3,771 | 4,286 | 3,358 | ||||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues | 4,348 | 5,159 | 4,510 | |||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 4,510 | |
| Cost of revenue (Cost of Goods and Services Sold) | (3,135) | (3,838) | (3,275) | |||
| Gross profit: | 1,213 | 1,321 | 1,235 | |||
| Operating expenses | (670) | (873) | (843) | |||
| Other undisclosed operating loss | (4) | (81) | (37) | |||
| Operating income: | 539 | 367 | 355 | |||
| Nonoperating income (expense) | (5) | (1) | 9 | |||
| Investment income, nonoperating | 1 | 3 | 3 | |||
| Other nonoperating income (expense) | (6) | (4) | 6 | |||
| Interest and debt expense | (67) | (51) | (26) | |||
| Income from continuing operations before equity method investments, income taxes: | 467 | 315 | 337 | |||
| Income from equity method investments | 5 | 8 | 6 | |||
| Other undisclosed income from continuing operations before income taxes | 1 | |||||
| Income from continuing operations before income taxes: | 473 | 322 | 343 | |||
| Income tax expense | (98) | (59) | (156) | |||
| Income from continuing operations: | 375 | 263 | 187 | |||
| Income (loss) from discontinued operations | (2) | 2 | (41) | |||
| Net income available to common stockholders, diluted: | 373 | 265 | 146 | |||
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Net income: | 373 | 265 | 146 | |||
| Other comprehensive income (loss) | 11 | (3) | 75 | |||
| Comprehensive income, net of tax, attributable to parent: | 383 | 262 | 221 | |||
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.