Carter's, Inc. (CRI) Financial Statements (2024 and earlier)

Company Profile

Business Address PHIPPS TOWER
ATLANTA, GA 30326
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2129841,102214170178
Cash and cash equivalents2129841,102214170178
Receivables199231187251258241
Inventory, net of allowances, customer advances and progress billings745648599594574 
Inventory745648599594574 
Prepaid expense55058484050
Deferred tax assets 2
Other current assets 18     
Other undisclosed current assets 11    547
Total current assets:1,1891,9141,9461,1081,0431,018
Noncurrent Assets
Operating lease, right-of-use asset492488593687
Property, plant and equipment190216262320350378
Intangible assets, net (including goodwill)508520520564593596
Goodwill209212212229227230
Intangible assets, net (excluding goodwill)298308308335366366
Other noncurrent assets313134332828
Other undisclosed noncurrent assets313438414548
Total noncurrent assets:1,2511,2881,4471,6451,0161,050
TOTAL ASSETS:2,4403,2023,3932,7532,0592,068
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities264407472184199182
Accounts payable264407472184199182
Deferred revenue292824 
Debt    160  
Other liabilities122176135132128147
Other undisclosed current liabilities113120161   
Total current liabilities:529731793476327329
Noncurrent Liabilities
Long-term debt and lease obligation6171,4331,5441,259593617
Long-term debt, excluding current maturities617991990595593617
Liabilities, other than long-term debt4988711864269265
Deferred tax liabilities, net8785
Deferred income tax liabilities414153 
Other liabilities35466564181180
Operating lease, liability422442554664
Other undisclosed noncurrent liabilities    74  
Total noncurrent liabilities:1,1141,5211,6621,397862882
Total liabilities:1,6432,2522,4551,8731,1891,211
Equity
Equity, attributable to parent796950938880869857
Common stock000000
Additional paid in capital   18   
Accumulated other comprehensive loss(34)(29)(33)(36)(41)(29)
Retained earnings830979953915910886
Total equity:796950938880869857
TOTAL LIABILITIES AND EQUITY:2,4403,2023,3932,7532,0592,068

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues3,2133,4863,0243,5193,4623,400
Revenue, net3,400
Cost of revenue(4) (15)(2,011)(1,965)(1,917)
Cost of goods and services sold(4) (15)  (1,917)
Other undisclosed gross profit(1,736)(1,824)(1,696)   
Gross profit:1,4721,6621,3131,5091,4971,483
Operating expenses(1,119)(1,194)(1,150)(1,265)(1,248)(1,107)
Other undisclosed operating income26292612914243
Operating income:379497190372391420
Nonoperating income (expense)0216(1)2
Investment income, nonoperating112510
Other nonoperating income (expense)(1)0(0)0(1)1
Interest and debt expense(63)(60)(56)(45)(35)(30)
Other undisclosed loss from continuing operations before equity method investments, income taxes    (5)  
Income from continuing operations before income taxes:317438135328356391
Income tax expense(67)(99)(25)(64)(74)(88)
Income from continuing operations:250340110264282303
Income before gain (loss) on sale of properties:340110264282303
Net income attributable to parent:250340110264282303
Undistributed earnings (loss) allocated to participating securities, basic(4)(4)(1)   
Other undisclosed net loss available to common stockholders, basic   (2)(2)(2)
Net income available to common stockholders, basic:246336109261280300
Other undisclosed net income available to common stockholders, diluted000000
Net income available to common stockholders, diluted:246336109261280300

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:250340110264282303
Other comprehensive loss      
Comprehensive income:250340110264282303
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5)437(12)6
Comprehensive income, net of tax, attributable to parent:245344113271270308

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.

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: