Berry Global Group Inc. (BERY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
101 OAKLEY STREET EVANSVILLE, IN 47710 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3089 - Plastics Products, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 507 | 1,203 | 1,410 | 1,091 | 750 | 750 | |||
| Cash and cash equivalents | 507 | 1,203 | 1,410 | 1,091 | 750 | 750 | |||
| Receivables | 1,497 | 1,568 | 1,777 | 1,879 | 1,469 | 1,526 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,557 | 1,802 | 1,907 | 1,268 | 1,324 | ||||
| Inventory | 1,557 | 1,802 | 1,907 | 1,268 | 1,324 | ||||
| Asset, held-for-sale, not part of disposal group | 162 | ||||||||
| Other undisclosed current assets | 1,946 | 205 | 175 | 217 | 168 | 157 | |||
| Total current assets: | 3,950 | 4,533 | 5,164 | 5,094 | 3,817 | 3,757 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 645 | 625 | 521 | 562 | 562 | ||||
| Property, plant and equipment | 4,662 | 4,576 | 4,342 | 4,677 | 4,561 | 4,714 | |||
| Intangible assets, net (including goodwill) | 6,758 | 6,684 | 6,685 | 7,434 | 7,670 | 7,831 | |||
| Goodwill | 4,981 | 4,832 | 5,192 | 5,173 | 5,051 | ||||
| Intangible assets, net (excluding goodwill) | 1,703 | 1,853 | 2,242 | 2,497 | 2,780 | ||||
| Other undisclosed intangible assets, net (including goodwill) | 6,758 | ||||||||
| Other noncurrent assets | 129 | 169 | 244 | 115 | 91 | 167 | |||
| Total noncurrent assets: | 12,194 | 12,054 | 11,792 | 12,788 | 12,884 | 12,712 | |||
| TOTAL ASSETS: | 16,144 | 16,587 | 16,956 | 17,882 | 16,701 | 16,469 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,374 | 1,801 | 2,301 | 2,377 | 1,439 | 1,373 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 253 | 336 | 324 | 214 | ||
| Accounts payable | 1,131 | 1,528 | 1,795 | 2,041 | 1,115 | 1,159 | |||
| Accrued liabilities | 243 | 273 | 253 | ||||||
| Debt | 25 | 10 | 13 | 21 | 75 | 104 | |||
| Disposal group, including discontinued operation | 25 | ||||||||
| Other liabilities | 971 | 902 | 783 | 788 | 644 | 562 | |||
| Other undisclosed current liabilities | (253) | ||||||||
| Total current liabilities: | 2,370 | 2,713 | 2,844 | 3,186 | 2,183 | 2,039 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 8,703 | 8,970 | 9,242 | 9,439 | 10,162 | 11,261 | |||
| Finance lease, liability | 19 | 19 | 24 | 38 | 59 | ||||
| Other undisclosed long-term debt and lease obligation | 8,684 | 8,951 | 8,789 | 8,935 | 9,639 | 11,261 | |||
| Liabilities, other than long-term debt | 1,743 | 1,688 | 1,245 | 1,611 | 1,800 | 1,551 | |||
| Deferred income tax liabilities | 492 | 573 | 707 | 568 | 601 | 803 | |||
| Liability, pension and other postretirement and postemployment benefits | 202 | 193 | 160 | 276 | 368 | 327 | |||
| Other liabilities | 512 | 397 | 378 | 767 | 831 | 421 | |||
| Operating lease, liability | 537 | 525 | 429 | 466 | 464 | ||||
| Other undisclosed noncurrent liabilities | 429 | 466 | 464 | ||||||
| Total noncurrent liabilities: | 10,446 | 10,658 | 10,916 | 11,516 | 12,426 | 12,812 | |||
| Total liabilities: | 12,816 | 13,371 | 13,760 | 14,702 | 14,609 | 14,851 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,328 | 3,216 | 3,196 | 3,180 | 2,092 | 1,618 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 1,265 | 1,231 | 1,177 | 1,134 | 1,034 | 949 | |||
| Accumulated other comprehensive loss | (274) | (336) | (403) | (296) | (551) | (386) | |||
| Retained earnings | 2,336 | 2,320 | 2,421 | 2,341 | 1,608 | 1,054 | |||
| Total equity: | 3,328 | 3,216 | 3,196 | 3,180 | 2,092 | 1,618 | |||
| TOTAL LIABILITIES AND EQUITY: | 16,144 | 16,587 | 16,956 | 17,882 | 16,701 | 16,469 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,457 | 12,664 | 14,495 | 13,850 | 11,709 | 8,878 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (10,191) | (10,354) | (12,123) | (11,352) | (9,301) | (7,259) | ||
| Gross profit: | 2,266 | 2,310 | 2,372 | 2,498 | 2,408 | 1,619 | ||
| Operating expenses | (1,240) | (1,231) | (1,130) | (1,206) | (1,229) | (777) | ||
| Other undisclosed operating income | 132 | |||||||
| Operating income: | 1,026 | 1,079 | 1,242 | 1,292 | 1,179 | 974 | ||
| Nonoperating expense (Other Nonoperating expense) | (42) | (31) | (22) | (51) | (31) | (155) | ||
| Interest and debt expense | (1) | (2) | (2) | (3) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 983 | 1,047 | 1,218 | 1,239 | 1,145 | 819 | ||
| Other undisclosed loss from continuing operations before income taxes | (306) | (305) | (284) | (334) | (432) | (329) | ||
| Income from continuing operations before income taxes: | 677 | 742 | 934 | 905 | 713 | 490 | ||
| Income tax expense | (115) | (133) | (168) | (172) | (154) | (86) | ||
| Income from continuing operations: | 562 | 609 | 766 | 733 | 559 | 404 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 766 | 733 | 559 | 404 | |
| Net income available to common stockholders, diluted: | 562 | 609 | 766 | 733 | 559 | 404 | ||
Comprehensive Income ($ in millions)
| 3/31/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 562 | 609 | 766 | 733 | 559 | 404 | ||
| Comprehensive income: | 562 | 609 | 766 | 733 | 559 | 404 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (11) | 67 | (107) | 255 | (165) | (230) | ||
| Comprehensive income, net of tax, attributable to parent: | 551 | 676 | 659 | 988 | 394 | 174 | ||
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.