Cooper Tire & Rubber Company (CTB) Financial Statements (2025 and earlier)

Company Profile

Business Address LIMA & WESTERN AVENUES
FINDLAY, OH 45840
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3011 - Tires and Inner Tubes (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 626391356372504505
Cash and cash equivalent 626391356372504505
Receivables 515545553442417381
Inventory, net of allowances, customer advances and progress billings 388464480512470413
Inventory 388464480512470413
Other current assets 535368632936
Total current assets: 1,5821,4531,4571,3881,4211,335
Noncurrent Assets
Operating lease, right-of-use asset 9281✕✕✕✕
Property, plant and equipment 1,0781,0471,002967864795
Long-term investments and receivables 5349    
Long-term investments 5349    
Intangible assets, net (including goodwill) 114130139188193152
Goodwill 191919555319
Intangible assets, net (excluding goodwill) 95111120133141133
Regulated entity, other noncurrent assets   1111
Restricted cash and investments   2111
Deferred income tax assets 3129✕✕✕✕
Other noncurrent assets 221365617
Other undisclosed noncurrent assets   2758133135
Total noncurrent assets: 1,3891,3491,1771,2191,1991,102
TOTAL ASSETS: 2,9722,8022,6342,6082,6192,436
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 608582570464472420
Taxes payable 221765
Accounts payable 298277287277282216
Accrued liabilities 308302283180184199
Debt 161319041291
Other undisclosed current liabilities 2410   12
Total current liabilities: 648604760505501433
Noncurrent Liabilities
Long-term debt and lease obligation, including: 314309121296297296
Finance lease, liability 11✕✕✕✕
Other undisclosed long-term debt and lease obligation 242253121296297296
Liabilities, other than long-term debt 527506520621690687
Deferred income tax liabilities 13✕✕✕✕
Liability, pension and other postretirement and postemployment benefits 374354384476533554
Other liabilities 152149136144157133
Operating lease, liability 7155✕✕✕✕
Other undisclosed noncurrent liabilities 7155  12
Total noncurrent liabilities: 913871641917988986
Total liabilities: 1,5611,4751,4021,4221,4891,419
Equity
Equity, attributable to parent 1,3891,2651,1721,1271,076979
Common stock 888888888888
Treasury stock, value (919)(923)(925)(897)(814)(711)
Additional paid in capital 212221212616
Accumulated other comprehensive loss (447)(448)(462)(478)(545)(510)
Retained earnings 2,6472,5252,4502,3942,3212,096
Equity, attributable to noncontrolling interest 226360595438
Total equity: 1,4111,3281,2321,1861,1301,018
TOTAL LIABILITIES AND EQUITY: 2,9722,8022,6342,6082,6192,436

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 2,5212,7532,8082,8552,9252,973
Revenue, net✕✕✕✕2,8552,9252,973
Cost of revenue
(Cost of Product and Service Sold)		 (2,033)(2,319)(2,365)(2,338)(2,273)(2,355)
Gross profit: 488433443517652617
Operating expenses (257)(259)(278)(245)(268)(263)
Operating income: 231174165272384354
Nonoperating income (expense) (17)(34)(19)493
Investment income, nonoperating 4910742
Net periodic defined benefits expense (reversal of expense), excluding service cost component (25)(42)(28)✕✕✕
Other nonoperating income (expense) 5(1)(1)(3)51
Interest and debt expense (23)(31)(32)(32)(27)(24)
Income from continuing operations before income taxes: 191110114244367334
Income tax expense (47)(11)(33)(147)(116)(118)
Income from continuing operations: 144988197251216
Income before gain (loss) on sale of properties:✕144988197251216
Net income: 144988197251216
Net loss attributable to noncontrolling interest (1)(2)(4)(1)(3)(3)
Net income available to common stockholders, diluted: 143967795248213

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income: 144988197251216
Other comprehensive income (loss) 3151570(40)17
Comprehensive income: 14711395167211232
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (3)(3)(2)(5)21
Comprehensive income, net of tax, attributable to parent: 14311093162213234

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.

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