Cerner Corporation (CERN) financial statements (2021 and earlier)

Company profile

Business Address 2800 ROCKCREEK PKWY, W0162
KANSAS CITY, MO 64117
State of Incorp. DE
Fiscal Year End December 31
SIC 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,058892482399556633954
Cash and cash equivalents616419270285442496703
Short-term investments442473212113114136251
Receivables1,1691,2191,1841,1511,1401,1551,229
Inventory, net of allowances, customer advances and progress billings23161923232323
Inventory23161923232323
Other undisclosed current assets401397369390378402397
Total current assets:2,6512,5252,0541,9642,0972,2132,602
Noncurrent Assets
Operating lease, right-of-use asset105110123128123122132
Property, plant and equipment1,8041,8681,8711,8351,8591,8661,866
Long-term investments and receivables527423389412419403321
Long-term investments510423389412419403321
Accounts and financing receivable, after allowance for credit loss17      
Intangible assets, net (including goodwill)1,2441,2381,2581,2311,2481,1921,214
Goodwill915907912881883845848
Intangible assets, net (excluding goodwill)329331346350364347366
Other noncurrent assets198206212212209206209
Other undisclosed noncurrent assets992992973954940935932
Total noncurrent assets:4,8704,8364,8264,7734,7984,7244,674
TOTAL ASSETS:7,5217,3616,8796,7366,8956,9377,276
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities775781711702667693710
Accounts payable236256262296273276328
Accrued liabilities230196182157148153173
Employee-related liabilities310329268249246264209
Deferred revenue393320296317360308321
Total current liabilities:1,1691,1021,0071,0181,0271,0021,031
Noncurrent Liabilities
Long-term debt and lease obligation1,3361,3361,3381,3381,1431,0391,039
Long-term debt, excluding current maturities1,3361,3361,3381,3381,0381,0391,039
Operating lease, liability    105  
Liabilities, other than long-term debt534517516516134486489
Deferred income tax liabilities376392382379 354348
Other liabilities158125134138134132141
Other undisclosed noncurrent liabilities    273  
Total noncurrent liabilities:1,8701,8531,8551,8551,5501,5251,528
Total liabilities:3,0392,9552,8612,8732,5772,5262,559
Stockholders' equity
Stockholders' equity attributable to parent4,4834,4064,0183,8634,3174,4114,717
Common stock4444444
Treasury stock, value(4,165)(4,058)(4,058)(4,058)(3,408)(3,108)(2,708)
Additional paid in capital2,2892,1962,1202,0541,9051,8071,722
Accumulated other comprehensive loss(121)(138)(150)(159)(119)(129)(113)
Retained earnings6,4766,4026,1016,0225,9355,8375,812
Total stockholders' equity:4,4834,4064,0183,8634,3174,4114,717
TOTAL LIABILITIES AND EQUITY:7,5217,3616,8796,7366,8956,9377,276

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,3951,3691,3301,4121,4421,4291,431
Cost of revenue(235)(232)(212)(254)(277)(272)(269)
Cost of goods and services sold(235)(232)(212)(254)   
Gross profit:1,1601,1371,1181,1571,1651,1581,162
Operating expenses(987)(942)(971)(979)(982)(1,069)(1,031)
Other undisclosed operating income4217     
Operating income:17741214717818389131
Nonoperating income (expense)(1)4825691423
Other undisclosed loss from continuing operations before equity method investments, income taxes(29)   (14)  
Income from continuing operations before equity method investments, income taxes:147460172184177102154
Other undisclosed income from continuing operations before income taxes29   14  
Income from continuing operations before income taxes:176460172184192102154
Income tax expense(35)(103)(37)(37)(37)(20)(27)
Net income available to common stockholders, diluted:14235713514715482127

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:14235713514715482127
Other comprehensive income (loss)(3)(0)0(0)   
Other undisclosed comprehensive income    1  
Comprehensive income:13935613514715682127
Other undisclosed comprehensive income (loss), net of tax, attributable to parent201210(40)9(16)(12)
Comprehensive income, net of tax, attributable to parent:15936814410616466115

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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