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
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4531,0035576971,6691,7151,691
Cash and cash equivalents4531,0035576971,6691,7151,691
Restricted cash and investments4879802525150301
Deferred costs19   13  
Total current assets:5201,0826379491,7321,7651,992
Noncurrent Assets
Finance lease, right-of-use asset238238238237237237237
Operating lease, right-of-use asset170170170144146147148
Property, plant and equipment8,9019,0258,8388,7318,7408,5768,673
Long-term investments and receivables1,4831,3741,3061,3081,3101,3771,340
Long-term investments1,4831,3741,3061,3081,3101,3771,340
Deferred costs619623627623640644656
Total noncurrent assets:11,41011,42911,17911,04311,07510,98211,053
Other undisclosed assets10,43510,33810,24310,22210,05110,2139,956
TOTAL ASSETS:22,36522,84922,05922,21422,85822,95923,001
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities14,32214,78513,96014,08514,51214,45914,448
Total liabilities:14,32214,78513,96014,08514,51214,45914,448
Temporary equity, carrying amount10998766
Stockholders' equity
Stockholders' equity attributable to parent5,8345,7175,7495,7765,9966,1306,182
Preferred stock    200200200
Common stock2222222
Treasury stock, value(3)(3)(3)(3)(3)(3)(3)
Additional paid in capital6,4986,4166,4066,3936,3576,3486,341
Accumulated other comprehensive loss(37)(41)(43)(45)(50)(53)(55)
Accumulated deficit(626)(657)(612)(571)(510)(365)(303)
Stockholders' equity attributable to noncontrolling interest2,1992,3382,3412,3462,3442,3652,365
Total stockholders' equity:8,0338,0558,0908,1218,3408,4958,547
TOTAL LIABILITIES AND EQUITY:22,36522,84922,05922,21422,85822,95923,001

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues731730714714665693655
Operating lease, lease income691692684686639667630
Cost of revenue(383)(266)(261)(269)(777)(292)(282)
Cost of goods and services sold(257)(258)(249)(257)   
Other undisclosed gross profit110(6)0(1)5112130
Gross profit:458459453444398422402
Operating expenses(95)(216)(215)(216)318(167)(179)
Operating income:363243238228716255224
Nonoperating income (expense)
(Investment Income, Nonoperating)
2(0)22425
Interest and debt expense(148)(106)(106)(109)(112)(111)(107)
Income from continuing operations before equity method investments, income taxes:217137134121608146121
Income (loss) from equity method investments(1)(6)(1)5(80)(7)2
Income before gain (loss) on sale of properties:216132133126529139123
Gain (loss) on sale of properties, net of applicable income taxes     (0)204
Other undisclosed net income (loss)7892(504)(21)(28)
Net income:22313914112825118299
Net loss attributable to noncontrolling interest(39)(31)(30)(28)(15)(26)(29)
Net income attributable to parent:1851081121011092269
Preferred stock dividends and other adjustments   (9)(3)(3)(3)
Net income available to common stockholders, basic:18510811292890267
Other undisclosed net income (loss) available to common stockholders, diluted    0 (0)
Net income available to common stockholders, diluted:18510811292890266

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:22313914112825118299
Other comprehensive income5325331
Comprehensive income:22814214413428121300
Comprehensive loss, net of tax, attributable to noncontrolling interest(39)(31)(30)(28)(15)(26)(29)
Other undisclosed comprehensive loss, net of tax, attributable to parent(1)(0)(0)(1)(0)(0)(0)
Comprehensive income, net of tax, attributable to parent:1891111141051395270

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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