Carpenter Technology Corporation (CRS) financial statements (2021 and earlier)
Company profile
| Business Address |
BNY MELLON BUILDING PHILADELPHIA, PA 19103 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| SIC | 3312 - Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 271 | 193 | 27 | 56 | 66 | 82 | 70 | ||
| Cash and cash equivalents | 271 | 193 | 27 | 56 | 66 | 82 | 70 | ||
| Receivables | 230 | 292 | 384 | 379 | 290 | 254 | 304 | ||
| Inventory, net of allowances, customer advances and progress billings | 565 | 724 | 788 | 689 | 690 | 629 | 656 | ||
| Inventory | 565 | 724 | 788 | 689 | 690 | 629 | 656 | ||
| Other current assets | 86 | 57 | 37 | 55 | 47 | 46 | 37 | ||
| Other undisclosed current assets | 3 | ||||||||
| Total current assets: | 1,153 | 1,266 | 1,236 | 1,179 | 1,094 | 1,011 | 1,070 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,326 | 1,351 | 1,366 | 1,313 | 1,317 | 1,351 | 1,397 | ||
| Intangible assets, net (including goodwill) | 287 | 343 | 394 | 332 | 328 | 308 | 329 | ||
| Goodwill | 241 | 290 | 326 | 269 | 263 | 245 | 257 | ||
| Intangible assets, net (excluding goodwill) | 45 | 52 | 67 | 63 | 65 | 63 | 72 | ||
| Deferred income tax assets | 5 | 5 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 273 | 262 | 188 | 179 | 132 | 116 | 110 | ||
| Deferred tax assets, net | ✕ | ✕ | 8 | ||||||
| Other undisclosed noncurrent assets | 4 | 4 | 8 | ||||||
| Total noncurrent assets: | 1,891 | 1,961 | 1,952 | 1,828 | 1,785 | 1,784 | 1,836 | ||
| TOTAL ASSETS: | 3,044 | 3,227 | 3,188 | 3,007 | 2,878 | 2,794 | 2,906 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 266 | 282 | 396 | 363 | 341 | 299 | 386 | ||
| Accounts payable | 108 | 124 | 239 | 215 | 201 | 160 | 170 | ||
| Accrued liabilities | 157 | 158 | 158 | 149 | 140 | 139 | 153 | ||
| Employee-related liabilities | 44 | ||||||||
| Taxes payable | 9 | ||||||||
| Interest and dividends payable | 11 | ||||||||
| Debt | 170 | 20 | 55 | ||||||
| Derivative instruments and hedges, liabilities | 33 | ||||||||
| Postemployment benefits liability | 14 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 9 | |||||
| Other undisclosed current liabilities | (120) | ||||||||
| Total current liabilities: | 266 | 452 | 416 | 363 | 396 | 299 | 322 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 694 | 552 | 551 | 546 | 550 | 611 | 607 | ||
| Long-term debt, excluding current maturities | 694 | 552 | 551 | 546 | 550 | 611 | 607 | ||
| Liabilities, other than long-term debt | 751 | 778 | 558 | 451 | 549 | 779 | 651 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 102 | 147 | |||||
| Deferred income tax liabilities | 128 | 130 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 513 | 537 | 493 | 397 | 501 | 626 | 445 | ||
| Other liabilities | 111 | 111 | 65 | 54 | 48 | 51 | 59 | ||
| Other undisclosed noncurrent liabilities | 143 | 162 | 185 | ||||||
| Total noncurrent liabilities: | 1,445 | 1,329 | 1,252 | 1,158 | 1,284 | 1,391 | 1,258 | ||
| Total liabilities: | 1,711 | 1,782 | 1,668 | 1,521 | 1,680 | 1,689 | 1,580 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,333 | 1,446 | 1,520 | 1,486 | 1,199 | 1,105 | 1,326 | ||
| Common stock | 280 | 280 | 279 | 279 | 277 | 276 | 276 | ||
| Treasury stock, value | (318) | (326) | (333) | (339) | (342) | (344) | (221) | ||
| Additional paid in capital | 317 | 321 | 320 | 310 | 285 | 274 | 267 | ||
| Accumulated other comprehensive loss | (363) | (398) | (352) | (240) | (343) | (410) | (328) | ||
| Retained earnings | 1,417 | 1,568 | 1,605 | 1,476 | 1,322 | 1,309 | 1,332 | ||
| Total stockholders' equity: | 1,333 | 1,446 | 1,520 | 1,486 | 1,199 | 1,105 | 1,326 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,044 | 3,227 | 3,188 | 3,007 | 2,878 | 2,794 | 2,906 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,725 | 2,181 | 2,380 | 2,158 | 1,798 | 1,813 | 2,227 | |
| Revenue, net | ✕ | ✕ | ✕ | 1,798 | 1,813 | 2,227 | ||
| Cost of revenue | (1,611) | (1,852) | (1,935) | (1,776) | (1,513) | (1,535) | (1,908) | |
| Cost of goods and services sold | (1,169) | (29) | (1,935) | (1,776) | (1,513) | (1,535) | (1,908) | |
| Other cost of operating revenue | (1,822) | |||||||
| Other undisclosed gross profit | (23) | (0) | ||||||
| Gross profit: | 114 | 329 | 445 | 382 | 284 | 256 | 318 | |
| Operating expenses | (262) | (236) | (203) | (195) | (187) | (192) | (236) | |
| Other undisclosed operating income (loss) | (79) | (69) | (13) | 29 | ||||
| Operating income (loss): | (227) | 25 | 241 | 187 | 97 | 52 | 112 | |
| Nonoperating income (expense) | (1) | 1 | 1 | 1 | 3 | (2) | 6 | |
| Foreign currency transaction gain, before tax | 4 | 3 | 0 | |||||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | (4) | (3) | ✕ | ✕ | ✕ | ✕ | ||
| Other nonoperating income (expense) | (1) | 1 | 1 | 1 | 3 | (2) | 5 | |
| Interest and debt expense | (32) | (20) | (26) | (28) | (30) | (28) | (28) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (260) | 6 | 216 | 160 | 70 | 22 | 90 | |
| Income from equity method investments | 0 | |||||||
| Other undisclosed loss from continuing operations before income taxes | (1) | |||||||
| Income (loss) from continuing operations before income taxes: | (260) | 6 | 216 | 160 | 70 | 22 | 89 | |
| Income tax expense (benefit) | 50 | (5) | (49) | 28 | (23) | (10) | (30) | |
| Net income (loss) attributable to parent: | (211) | 2 | 167 | 189 | 47 | 11 | 59 | |
| Undistributed earnings (loss) allocated to participating securities, basic | 0 | (0) | (2) | (2) | (0) | ✕ | ✕ | |
| Net income (loss) available to common stockholders, diluted: | (210) | 1 | 165 | 187 | 47 | 11 | 59 | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (211) | 2 | 167 | 189 | 47 | 11 | 59 | |
| Other comprehensive income (loss) | (48) | (46) | 23 | (26) | (39) | 49 | 34 | |
| Other undisclosed comprehensive income (loss) | (135) | 130 | 106 | (131) | (117) | |||
| Comprehensive income (loss): | (259) | (45) | 55 | 292 | 114 | (70) | (24) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 21 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (237) | (45) | 55 | 292 | 114 | (70) | (24) | |
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.