Chicago Bridge & Iron Co N V (CBI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
PRINSES BEATRIXLAAN 35 THE HAGUE, 2595 AK |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 17 - Construction Special Trade Contractors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 355 | 505 | 550 | 351 | 421 | 643 | |||
| Cash and cash equivalents | 355 | 505 | 550 | 351 | 421 | 643 | |||
| Receivables | 760 | 728 | 1,331 | 1,307 | 1,385 | 753 | |||
| Inventory, net of allowances, customer advances and progress billings | 102 | 194 | 290 | 286 | 303 | ✕ | |||
| Inventory | 102 | 194 | 290 | 286 | 303 | ||||
| Disposal group, including discontinued operation | 321 | ||||||||
| Other current assets | 281 | 551 | 510 | 239 | 158 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 133 | ||
| Costs in excess of billings | 775 | 567 | |||||||
| Other undisclosed current assets | 334 | 564 | 367 | 573 | 556 | 1,192 | |||
| Total current assets: | 1,831 | 2,542 | 3,369 | 3,530 | 3,390 | 2,722 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 419 | 566 | 604 | 772 | 789 | 286 | |||
| Long-term investments and receivables | 206 | 175 | 137 | 108 | 102 | 97 | |||
| Long-term investments | 206 | 175 | 137 | 108 | 102 | 97 | |||
| Intangible assets, net (including goodwill) | 3,033 | 3,411 | 4,122 | 4,752 | 4,854 | 1,093 | |||
| Goodwill | 2,837 | 3,043 | 3,712 | 4,195 | 4,226 | 927 | |||
| Intangible assets, net (excluding goodwill) | 196 | 368 | 411 | 556 | 628 | 166 | |||
| Other noncurrent assets | 483 | 415 | 336 | 130 | 145 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 59 | ||
| Other undisclosed noncurrent assets | 730 | 634 | 89 | 110 | 73 | ||||
| Total noncurrent assets: | 4,141 | 5,298 | 5,833 | 5,851 | 6,000 | 1,608 | |||
| TOTAL ASSETS: | 5,972 | 7,839 | 9,202 | 9,381 | 9,390 | 4,330 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 972 | 1,106 | 1,162 | 1,921 | 1,585 | 853 | |||
| Taxes payable | 57 | 91 | 30 | ||||||
| Employee-related liabilities | 372 | 337 | 168 | ||||||
| Accounts payable | 972 | 1,106 | 1,162 | 1,257 | 1,157 | 655 | |||
| Accrued liabilities | 236 | ||||||||
| Debt | 2,262 | 911 | 803 | 271 | 215 | ||||
| Self insurance reserve | 25 | 25 | 4 | ||||||
| Other liabilities | 752 | 1,070 | 960 | 804 | 700 | 355 | |||
| Deferred tax liabilities | 5 | 5 | 4 | ||||||
| Due to related parties | 109 | ||||||||
| Other undisclosed current liabilities | 1,275 | 1,449 | 1,934 | 1,187 | 2,268 | 556 | |||
| Total current liabilities: | 5,262 | 4,536 | 4,859 | 4,322 | 4,798 | 1,773 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,288 | 1,800 | 1,564 | 1,625 | 800 | ||||
| Long-term debt, excluding current maturities | 1,288 | 1,800 | 1,564 | 1,625 | 800 | ||||
| Liabilities, other than long-term debt | 428 | 447 | 380 | 893 | 674 | 531 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 163 | 152 | ||
| Deferred tax liabilities, net | 10 | 168 | 72 | 88 | |||||
| Liability, pension and other postretirement and postemployment benefits | 222 | ✕ | ✕ | ||||||
| Other liabilities | 428 | 447 | 369 | 451 | 388 | 272 | |||
| Self insurance reserve | 52 | 52 | 18 | ||||||
| Other undisclosed noncurrent liabilities | 64 | 7 | (274) | (215) | (170) | ||||
| Total noncurrent liabilities: | 491 | 1,742 | 2,180 | 2,182 | 2,085 | 1,161 | |||
| Total liabilities: | 5,753 | 6,278 | 7,039 | 6,505 | 6,882 | 2,933 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 72 | 1,414 | 2,014 | 2,738 | 2,345 | 1,368 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (255) | (345) | (206) | (24) | (24) | (194) | |||
| Additional paid in capital | 743 | 782 | 801 | 777 | 754 | 363 | |||
| Accumulated other comprehensive loss | (317) | (396) | (294) | (262) | (120) | (101) | |||
| Retained earnings (accumulated deficit) | (102) | 1,371 | 1,713 | 2,247 | 1,733 | 1,301 | |||
| Other undisclosed equity, attributable to parent | (3) | ||||||||
| Equity, attributable to noncontrolling interest | 147 | 148 | 150 | 138 | 163 | 29 | |||
| Total equity: | 218 | 1,561 | 2,164 | 2,876 | 2,507 | 1,396 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,972 | 7,839 | 9,202 | 9,381 | 9,390 | 4,330 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,673 | 10,680 | 12,930 | 12,975 | 11,095 | 5,485 | ||
| Cost of revenue | (6,666) | (9,654) | (11,417) | (11,509) | (9,896) | (4,786) | ||
| Cost of goods and services sold | (11,417) | (11,509) | (9,896) | (4,786) | ||||
| Gross profit: | 7 | 1,026 | 1,512 | 1,466 | 1,199 | 699 | ||
| Operating expenses | (390) | (1,005) | (387) | (613) | (584) | (324) | ||
| Other operating income (expense), net | 65 | (2) | (3) | 2 | (2) | (10) | ||
| Other undisclosed operating income (loss) | 23 | (164) | (1,548) | 126 | 71 | 91 | ||
| Operating income (loss): | (295) | (145) | (425) | 983 | 685 | 456 | ||
| Nonoperating income (Investment Income, Nonoperating) | 3 | 13 | 8 | 9 | 7 | 8 | ||
| Interest and debt expense | (229) | (105) | (94) | (84) | (88) | (20) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (521) | (237) | (511) | 908 | 604 | 444 | ||
| Income from equity method investments | 25 | 23 | 18 | |||||
| Other undisclosed loss from continuing operations before income taxes | (25) | (23) | (18) | |||||
| Income (loss) from continuing operations before income taxes: | (521) | (237) | (511) | 908 | 604 | 444 | ||
| Income tax expense (benefit) | (799) | (3) | 81 | (271) | (91) | (127) | ||
| Income (loss) from continuing operations: | (1,320) | (240) | (430) | 636 | 513 | 317 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,425) | (240) | (430) | 636 | 513 | 317 | ||
| Loss from discontinued operations | (104) | |||||||
| Net income (loss): | (1,425) | (240) | (430) | 636 | 513 | 317 | ||
| Net loss attributable to noncontrolling interest | (34) | (73) | (74) | (93) | (58) | (15) | ||
| Net income (loss) available to common stockholders, diluted: | (1,458) | (313) | (504) | 544 | 454 | 302 | ||
Comprehensive Income ($ in millions)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,425) | (240) | (430) | 636 | 513 | 317 | ||
| Other comprehensive income (loss) | 4 | 1 | (32) | (142) | (19) | |||
| Other undisclosed comprehensive income (loss) | 77 | (104) | (3) | (12) | (0) | (37) | ||
| Comprehensive income (loss): | (1,343) | (342) | (464) | 481 | 494 | 280 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (34) | (73) | (74) | (93) | 58 | 15 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | 1 | 3 | 12 | (117) | (34) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,379) | (415) | (536) | 401 | 435 | 262 | ||
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.