Becton, Dickinson and Company (BDX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
ONE BECTON DR FRANKLIN LAKES, NJ 07417-1880 |
| State of Incorp. | NJ |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,014 | 2,572 | 3,162 | 1,911 | 2,295 | 3,177 | 3,758 | ||
| Cash and cash equivalents | 1,006 | 2,558 | 3,147 | 1,903 | 2,283 | 3,153 | 3,734 | ||
| Short-term investments | 8 | 14 | 15 | 8 | 12 | 24 | 24 | ||
| Restricted cash and investments | 153 | 202 | 173 | 144 | 109 | 128 | 164 | ||
| Receivables | 2,191 | 2,218 | 2,303 | 2,177 | 2,497 | 2,078 | 2,118 | ||
| Inventory, net of allowances, customer advances and progress billings | 3,224 | 3,163 | 3,258 | 3,035 | 2,866 | 2,947 | 2,895 | ||
| Inventory | 3,224 | 3,163 | 3,258 | 3,035 | 2,866 | 2,947 | 2,895 | ||
| Other current assets | 1,559 | 1,392 | 1,256 | 1,040 | 1,072 | 1,207 | 1,065 | ||
| Other undisclosed current assets | (1) | 1 | |||||||
| Total current assets: | 8,141 | 9,547 | 10,152 | 8,307 | 8,838 | 9,538 | 10,000 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 6,012 | 6,005 | 6,406 | 6,384 | 6,393 | 6,164 | 6,142 | ||
| Intangible assets, net (including goodwill) | 25,140 | 24,499 | 24,638 | 24,660 | 24,449 | 24,371 | 24,333 | ||
| Goodwill | 24,621 | 23,968 | 24,096 | 24,116 | 23,901 | 23,814 | 23,772 | ||
| Intangible assets, net (excluding goodwill) | 519 | 531 | 542 | 544 | 548 | 557 | 561 | ||
| Other noncurrent assets | 1,848 | 1,793 | 1,866 | 1,945 | 1,952 | 1,821 | 1,758 | ||
| Other undisclosed noncurrent assets | 11,793 | 11,355 | 11,724 | 12,067 | 12,234 | 12,439 | 12,688 | ||
| Total noncurrent assets: | 44,793 | 43,652 | 44,634 | 45,056 | 45,028 | 44,795 | 44,921 | ||
| TOTAL ASSETS: | 52,934 | 53,199 | 54,786 | 53,363 | 53,866 | 54,333 | 54,921 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,632 | 5,398 | 5,605 | 5,671 | 6,126 | 5,716 | 5,375 | ||
| Accounts payable | 1,699 | 1,793 | |||||||
| Accrued liabilities | 2,605 | 2,943 | |||||||
| Employee-related liabilities | 1,171 | 1,214 | |||||||
| Taxes payable | 157 | 176 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 5,398 | 5,605 | 5,671 | 5,716 | 5,375 | ||||
| Debt | 2,179 | 1,682 | 1,051 | 1,064 | 500 | 2,033 | 1 | ||
| Other undisclosed current liabilities | 1 | ||||||||
| Total current liabilities: | 7,811 | 7,080 | 6,657 | 6,735 | 6,626 | 7,749 | 5,376 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 13,886 | 14,683 | 17,584 | 16,360 | 17,110 | 15,700 | 17,718 | ||
| Long-term debt, excluding current maturities | 13,886 | 14,683 | 17,584 | 16,360 | 17,110 | 15,700 | 17,718 | ||
| Liabilities, other than long-term debt | 5,954 | 5,943 | 6,021 | 6,108 | 6,453 | 6,750 | 7,000 | ||
| Liability, pension and other postretirement and postemployment benefits | 902 | 1,009 | 1,048 | 1,078 | 1,228 | 1,421 | 1,425 | ||
| Other liabilities | 5,052 | 4,934 | 4,973 | 5,030 | 5,225 | 5,329 | 5,575 | ||
| Total noncurrent liabilities: | 19,840 | 20,626 | 23,605 | 22,468 | 23,563 | 22,450 | 24,718 | ||
| Total liabilities: | 27,651 | 27,706 | 30,262 | 29,203 | 30,189 | 30,199 | 30,094 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 25,282 | 25,493 | 24,525 | 24,160 | 23,677 | 24,135 | 24,826 | ||
| Preferred stock | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Common stock | 365 | 365 | 365 | 365 | 365 | 365 | 365 | ||
| Treasury stock, value | (8,330) | (7,836) | (7,866) | (7,855) | (7,723) | (7,027) | (6,132) | ||
| Additional paid in capital | 19,553 | 19,511 | 19,495 | 19,435 | 19,272 | 19,282 | 19,341 | ||
| Accumulated other comprehensive loss | (1,488) | (1,660) | (1,910) | (2,043) | (2,088) | (2,330) | (2,329) | ||
| Retained earnings | 15,157 | 15,088 | 14,416 | 14,233 | 13,826 | 13,821 | 13,557 | ||
| Other undisclosed stockholders' equity attributable to parent | 23 | 23 | 23 | 23 | 23 | 22 | 22 | ||
| Total stockholders' equity: | 25,282 | 25,493 | 24,525 | 24,160 | 23,677 | 24,135 | 24,826 | ||
| Other undisclosed liabilities and equity | 1 | (1) | (1) | 1 | |||||
| TOTAL LIABILITIES AND EQUITY: | 52,934 | 53,199 | 54,786 | 53,363 | 53,866 | 54,333 | 54,921 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,761 | 4,641 | 5,011 | 4,995 | 5,135 | 4,890 | 4,907 | |
| Cost of revenue | (2,790) | (2,640) | (2,784) | (2,628) | (2,921) | (2,729) | (3,008) | |
| Cost of goods and services sold | (2,684) | (2,574) | (2,706) | (2,572) | (2,848) | (2,729) | (2,661) | |
| Gross profit: | 1,971 | 2,001 | 2,227 | 2,367 | 2,214 | 2,161 | 1,899 | |
| Operating expenses | (1,482) | (1,464) | (1,575) | (1,552) | (1,719) | (1,581) | (1,465) | |
| Other operating income (expense), net | (30) | (11) | (49) | (21) | (14) | 72 | (296) | |
| Other undisclosed operating income (loss) | 30 | 11 | 49 | 21 | 14 | (24) | 296 | |
| Operating income: | 489 | 537 | 652 | 815 | 495 | 628 | 434 | |
| Nonoperating income (expense) | (65) | (16) | (25) | 6 | (118) | 1 | (6) | |
| Investment income, nonoperating | 7 | 5 | 2 | 2 | 2 | 2 | 2 | |
| Other nonoperating income (expense) | (72) | (21) | (27) | 4 | (120) | (1) | (8) | |
| Interest and debt expense | (104) | (99) | (101) | (98) | (111) | (115) | (124) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1 | |||||||
| Income from continuing operations before equity method investments, income taxes: | 320 | 422 | 526 | 723 | 266 | 514 | 305 | |
| Other undisclosed loss from continuing operations before income taxes | (1) | (1) | ||||||
| Income from continuing operations before income taxes: | 320 | 421 | 525 | 723 | 266 | 514 | 305 | |
| Income tax expense (benefit) | (33) | (31) | (71) | (46) | (1) | 11 | (6) | |
| Net income: | 287 | 390 | 454 | 677 | 265 | 525 | 299 | |
| Other undisclosed net income (loss) attributable to parent | 1 | (30) | ||||||
| Net income attributable to parent: | 288 | 360 | 454 | 677 | 265 | 525 | 299 | |
| Preferred stock dividends and other adjustments | (22) | (23) | (23) | (23) | (22) | (23) | (23) | |
| Other undisclosed net income (loss) available to common stockholders, basic | (1) | 1 | 1 | (1) | 1 | |||
| Net income available to common stockholders, diluted: | 265 | 338 | 431 | 655 | 242 | 502 | 277 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 287 | 390 | 454 | 677 | 265 | 525 | 299 | |
| Other comprehensive income (loss) | 172 | 250 | 133 | 45 | 242 | (1) | 85 | |
| Comprehensive income: | 459 | 640 | 587 | 722 | 507 | 524 | 384 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (30) | (1) | |||||
| Comprehensive income, net of tax, attributable to parent: | 460 | 610 | 586 | 722 | 507 | 524 | 384 | |
Statements Sources
The financial statements are based on the Company's filings with 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.