Boston Properties, Inc. (BXP) financial statements (2022 and earlier)

Company profile

Business Address 800 BOYLSTON STREET
BOSTON, MA 02199
State of Incorp. DE
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (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
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4531,669645543435357724
Cash and cash equivalents4531,669645543435357724
Restricted cash and investments48514796716374
Deferred costs1913     
Total current assets:5201,732692639505420798
Noncurrent Assets
Finance lease, right-of-use asset238237 
Operating lease, right-of-use asset170146 
Property, plant and equipment8,9018,7408,6028,0938,6088,0107,520
Long-term investments and receivables1,4831,310956956620775235
Long-term investments1,4831,310956956620775235
Deferred costs619640689679679686733
Total noncurrent assets:11,41011,07510,2479,7289,9079,4718,488
Other undisclosed assets10,43510,05110,3469,8908,9608,9609,094
TOTAL ASSETS:22,36522,85821,28520,25619,37218,85218,379
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities14,32214,51213,26212,04311,27010,92010,493
Total liabilities:14,32214,51213,26212,04311,27010,92010,493
Temporary equity, carrying amount1078    
Stockholders' equity
Stockholders' equity attributable to parent5,8345,9965,6855,8835,8145,7865,709
Preferred stock 200200200200200200
Common stock2222222
Treasury stock, value(3)(3)(3)(3)(3)(3)(3)
Additional paid in capital6,4986,3576,2956,4086,3786,3336,306
Accumulated other comprehensive loss(37)(50)(48)(48)(50)(52)(14)
Accumulated deficit(626)(510)(761)(676)(712)(694)(781)
Stockholders' equity attributable to noncontrolling interest2,1992,3442,3302,3312,2882,1462,177
Total stockholders' equity:8,0338,3408,0148,2148,1027,9327,887
TOTAL LIABILITIES AND EQUITY:22,36522,85821,28520,25619,37218,85218,379

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,8892,7662,9612,7172,6022,5512,491
Revenue, net2,6622,5672,5232,468
Operating lease, lease income2,7532,646 
Cost of revenue(1,179)(1,661)(1,211)(1,023)(963)(924)(906)
Cost of goods and services sold(1,021)(1,017) (1,023)(962)(921)(530)
Other undisclosed gross profit10458977    
Gross profit:1,8141,6941,8261,6941,6391,6271,585
Operating expenses(742)(199)(704)(779)(731)(801)(736)
Operating income:1,0731,4951,122915908826849
Nonoperating income (expense)
(Investment Income, Nonoperating)
656(2)462(1)
Interest and debt expense(469)(432)(442)(395)(374)(413)(454)
Income from continuing operations before equity method investments, income taxes:6101,068686519538474394
Income (loss) from equity method investments(3)(85)47211823
Income from continuing operations before income taxes:607983733521549482417
Other undisclosed income from continuing operations      7
Income from continuing operations:607983733521549482424
Other undisclosed income before gain (loss) on sale of properties    67 
Income before gain (loss) on sale of properties:607983733521555489424
Gain on sale of properties, net of applicable income taxes  1182881376
Other undisclosed net income (loss)2536(82)9   
Net income:6321,019652713562570800
Net loss attributable to noncontrolling interest(127)(146)(130)(130)(100)(57)(217)
Net income attributable to parent:505873522583462513583
Preferred stock dividends and other adjustments(9)(11)(11)(11)(11)(11)(11)
Net income available to common stockholders, basic:496862511572452502573
Other undisclosed net loss available to common stockholders, diluted (1) (0) (0) 
Net income available to common stockholders, diluted:496861511572452502573

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:6321,019652713562570800
Other comprehensive income (loss)15(1)(0)4(0)(43)(8)
Comprehensive income:6471,018652716562527792
Comprehensive loss, net of tax, attributable to noncontrolling interest(127)(146)(130)(130)(100)(57)(217)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)(0)(1)(1)253
Comprehensive income, net of tax, attributable to parent:518871521586464475578

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: