Dana Incorporated (DAN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3939 TECHNOLOGY DRIVE MAUMEE, OH 43537 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 529 | 425 | 285 | 580 | 508 | 510 | |||
| Cash and cash equivalents | 529 | 425 | 268 | 559 | 508 | 510 | |||
| Short-term investments | 17 | 21 | |||||||
| Receivables | 1,651 | 1,576 | 1,541 | 1,432 | 1,305 | 1,243 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,676 | 1,609 | 1,564 | 1,149 | 1,193 | 1,031 | |||
| Inventory | 1,676 | 1,609 | 1,564 | 1,149 | 1,193 | 1,031 | |||
| Disposal group, including discontinued operation | |||||||||
| Other current assets | 247 | 219 | 196 | 127 | 137 | 102 | |||
| Other undisclosed current assets | 19 | 21 | |||||||
| Total current assets: | 4,103 | 3,829 | 3,586 | 3,288 | 3,162 | 2,907 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 327 | 311 | 247 | 190 | 178 | ✕ | |||
| Property, plant and equipment | 5,039 | 4,900 | 4,655 | 4,469 | 2,265 | 1,850 | |||
| Long-term investments and receivables | 123 | 136 | 174 | 152 | 182 | 208 | |||
| Long-term investments | 123 | 136 | 174 | 152 | 182 | 208 | |||
| Intangible assets, net (including goodwill) | 445 | 460 | 715 | 715 | 733 | 428 | |||
| Goodwill | 263 | 259 | 482 | 479 | 493 | 264 | |||
| Intangible assets, net (excluding goodwill) | 182 | 201 | 233 | 236 | 240 | 164 | |||
| Restricted cash and investments | 3 | ||||||||
| Deferred income tax assets | 516 | 397 | 580 | 611 | 580 | ✕ | |||
| Other noncurrent assets | 140 | 123 | 131 | 169 | 120 | 80 | |||
| Other undisclosed noncurrent assets | (2,728) | (2,707) | (2,456) | (2,218) | 442 | ||||
| Total noncurrent assets: | 3,862 | 3,620 | 4,046 | 4,088 | 4,058 | 3,011 | |||
| TOTAL ASSETS: | 7,965 | 7,449 | 7,632 | 7,376 | 7,220 | 5,918 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,129 | 2,115 | 2,100 | 1,864 | 1,769 | 1,719 | |||
| Taxes payable | ✕ | ✕ | ✕ | 41 | 35 | 46 | 47 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 184 | 190 | 206 | 186 | ||
| Accounts payable | 1,756 | 1,838 | 1,571 | 1,331 | 1,255 | 1,217 | |||
| Accrued liabilities | 373 | 277 | 304 | 308 | 262 | 269 | |||
| Deferred revenue | 48 | ✕ | |||||||
| Debt | 57 | 60 | 31 | 34 | 34 | 28 | |||
| Disposal group, including discontinued operation | |||||||||
| Other undisclosed current liabilities | 416 | 256 | 43 | 43 | 42 | ||||
| Total current liabilities: | 2,602 | 2,479 | 2,174 | 1,941 | 1,845 | 1,747 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,598 | 2,348 | 2,386 | 2,420 | 2,336 | 1,755 | |||
| Finance lease, liability | 24 | ✕ | |||||||
| Other undisclosed long-term debt and lease obligation | 2,598 | 2,348 | 2,177 | 2,266 | 2,172 | 1,755 | |||
| Liabilities, other than long-term debt | 937 | 824 | 690 | 847 | 764 | 874 | |||
| Liability, pension and other postretirement and postemployment benefits | 334 | 298 | 398 | 479 | 459 | 561 | |||
| Disposal group, including discontinued operation, liabilities | |||||||||
| Other liabilities | 319 | 249 | 292 | 368 | 305 | 313 | |||
| Operating lease, liability | 284 | 277 | 209 | 154 | 140 | ✕ | |||
| Other undisclosed noncurrent liabilities | 209 | 154 | 140 | ||||||
| Total noncurrent liabilities: | 3,535 | 3,172 | 3,285 | 3,421 | 3,240 | 2,629 | |||
| Total liabilities: | 6,137 | 5,651 | 5,459 | 5,362 | 5,085 | 4,376 | |||
| Temporary equity, carrying amount | 191 | 195 | 198 | 180 | 167 | 100 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,575 | 1,551 | 1,922 | 1,758 | 1,873 | 1,345 | |||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Treasury stock, value | (9) | (184) | (156) | (150) | (119) | ||||
| Additional paid in capital | 2,255 | 2,229 | 2,427 | 2,408 | 2,386 | 2,368 | |||
| Accumulated other comprehensive loss | (990) | (1,001) | (985) | (1,026) | (987) | (1,362) | |||
| Retained earnings | 317 | 321 | 662 | 530 | 622 | 456 | |||
| Equity, attributable to noncontrolling interest | 62 | 52 | 53 | 76 | 95 | 97 | |||
| Total equity: | 1,637 | 1,603 | 1,975 | 1,834 | 1,968 | 1,442 | |||
| TOTAL LIABILITIES AND EQUITY: | 7,965 | 7,449 | 7,632 | 7,376 | 7,220 | 5,918 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,555 | 10,156 | 8,945 | 7,106 | 8,620 | 8,143 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (9,655) | (9,393) | (8,108) | (6,485) | (7,489) | (6,986) | ||
| Gross profit: | 900 | 763 | 837 | 621 | 1,131 | 1,157 | ||
| Operating expenses | (574) | (685) | (460) | (506) | (802) | (572) | ||
| Other operating income (expense), net | 3 | 22 | 32 | 22 | (25) | (29) | ||
| Other nonrecurring (income) expense | 18 | 25 | 7 | (3) | 16 | 4 | ||
| Other undisclosed operating income (loss) | (13) | (14) | (14) | (13) | (12) | 23 | ||
| Operating income: | 316 | 86 | 395 | 124 | 292 | 579 | ||
| Nonoperating income (Investment Income, Nonoperating) | 17 | 11 | 9 | 9 | 10 | 11 | ||
| Interest and debt expense | (155) | (128) | (160) | (146) | (131) | (96) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 178 | (31) | 244 | (13) | 171 | 494 | ||
| Income (loss) from equity method investments | (9) | 4 | 28 | 20 | 30 | 24 | ||
| Income (loss) from continuing operations before income taxes: | 169 | (27) | 272 | 7 | 201 | 518 | ||
| Income tax expense (benefit) | (121) | (284) | (72) | (58) | 32 | (78) | ||
| Income (loss) from continuing operations: | 48 | (311) | 200 | (51) | 233 | 440 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 200 | (51) | 233 | 440 | |
| Net income (loss): | 48 | (311) | 200 | (51) | 233 | 440 | ||
| Net income (loss) attributable to noncontrolling interest | (10) | 69 | (3) | 20 | (7) | (13) | ||
| Net income (loss) available to common stockholders, diluted: | 38 | (242) | 197 | (31) | 226 | 427 | ||
Comprehensive Income ($ in millions)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 48 | (311) | 200 | (51) | 233 | 440 | ||
| Net income attributable to redeemable noncontrolling interest | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other comprehensive income (loss) | 13 | (32) | 39 | (29) | 376 | (30) | ||
| Comprehensive income (loss): | 61 | (343) | 239 | (80) | 609 | 410 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (12) | 85 | (1) | 9 | (8) | (1) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 49 | (258) | 238 | (71) | 601 | 409 | ||
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.