DST Systems Inc (DST) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
333 WEST 11TH STREET KANSAS CITY, MO 64105-1594 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 196 | 90 | 152 | 63 | 88 | |||
| Cash and cash equivalents | 196 | 90 | 152 | 63 | 88 | |||
| Receivables | 216 | 355 | 350 | 343 | 361 | |||
| Funds held for clients | 501 | 480 | ||||||
| Disposal group, including discontinued operation | 73 | |||||||
| Other current assets | 70 | 78 | 71 | 70 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 51 | ||
| Other undisclosed current assets | 64 | 53 | 400 | 367 | 454 | |||
| Total current assets: | 1,118 | 1,056 | 972 | 842 | 954 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 236 | 321 | 404 | 445 | 475 | |||
| Long-term investments and receivables | 377 | 419 | 657 | 881 | 922 | |||
| Long-term investments | 377 | 419 | 657 | 881 | 922 | |||
| Intangible assets, net (including goodwill) | 659 | 640 | 537 | 561 | 575 | |||
| Goodwill | 516 | 483 | 415 | 424 | 422 | |||
| Intangible assets, net (excluding goodwill) | 143 | 156 | 123 | 137 | 153 | |||
| Other noncurrent assets | 50 | 66 | 75 | 72 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 63 | ||
| Other undisclosed noncurrent assets | 331 | 313 | 299 | 288 | 403 | |||
| Total noncurrent assets: | 1,654 | 1,758 | 1,971 | 2,248 | 2,438 | |||
| TOTAL ASSETS: | 2,772 | 2,813 | 2,943 | 3,091 | 3,393 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 187 | 238 | 287 | 241 | 244 | |||
| Taxes payable | 22 | 18 | 10 | |||||
| Employee-related liabilities | 102 | 153 | 168 | 154 | 140 | |||
| Accounts payable | 63 | 85 | 102 | 87 | 94 | |||
| Debt | 209 | 6 | 167 | 284 | 519 | |||
| Restructuring reserve | 1 | 4 | ✕ | ✕ | ||||
| Disposal group, including discontinued operation | 30 | |||||||
| Other liabilities | 78 | 116 | 114 | 110 | 105 | |||
| Deferred revenue and credits | 24 | 56 | 54 | 72 | 68 | |||
| Other undisclosed current liabilities | 564 | 529 | 400 | 367 | 443 | |||
| Total current liabilities: | 1,091 | 949 | 1,022 | 1,073 | 1,379 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 300 | 557 | 386 | 399 | 492 | |||
| Long-term debt, excluding current maturities | 300 | 557 | 386 | 399 | 492 | |||
| Liabilities, other than long-term debt | 244 | 247 | 299 | 435 | 442 | |||
| Accounts payable and accrued liabilities | 70 | 74 | ||||||
| Accrued income taxes | ✕ | ✕ | ✕ | 80 | 124 | 76 | ||
| Deferred tax liabilities, net | 152 | 108 | 186 | 255 | 296 | |||
| Other liabilities | 23 | 65 | 33 | 55 | 70 | |||
| Total noncurrent liabilities: | 544 | 803 | 685 | 834 | 934 | |||
| Total liabilities: | 1,635 | 1,752 | 1,707 | 1,907 | 2,313 | |||
| Temporary equity, carrying amount | 21 | 15 | ||||||
| Equity | ||||||||
| Equity, attributable to parent | 1,115 | 1,046 | 1,236 | 1,184 | 1,080 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (1,411) | (1,130) | (748) | (3,090) | (2,890) | |||
| Additional paid in capital | 130 | 137 | 114 | 187 | 234 | |||
| Accumulated other comprehensive income | 17 | 42 | 187 | 308 | 257 | |||
| Retained earnings | 2,379 | 1,997 | 1,683 | 3,778 | 3,478 | |||
| Total equity: | 1,115 | 1,046 | 1,236 | 1,184 | 1,080 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,772 | 2,813 | 2,943 | 3,091 | 3,393 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,557 | 2,825 | 2,749 | 2,659 | 2,577 | ||
| Revenue, net | 1,474 | 2,013 | 2,042 | 1,961 | 1,892 | ||
| Cost of revenue | (1,117) | (2,276) | (2,375) | (2,069) | (2,013) | ||
| Gross profit: | 439 | 550 | 374 | 590 | 563 | ||
| Operating expenses | (96) | (122) | 66 | (134) | (190) | ||
| Other undisclosed operating loss | (96) | (122) | (131) | (143) | (216) | ||
| Operating income: | 247 | 306 | 309 | 313 | 157 | ||
| Nonoperating income (Other Nonoperating income) | 23 | 205 | 374 | 243 | 374 | ||
| Interest and debt expense | (24) | (24) | (27) | (35) | (44) | ||
| Income from continuing operations before equity method investments, income taxes: | 247 | 486 | 656 | 522 | 487 | ||
| Income from equity method investments | 27 | 46 | 35 | 23 | 32 | ||
| Other undisclosed income from continuing operations before income taxes | 6 | 101 | |||||
| Income from continuing operations before income taxes: | 279 | 532 | 792 | 545 | 520 | ||
| Income tax expense | (101) | (174) | (198) | (192) | (196) | ||
| Income from continuing operations: | 178 | 358 | 593 | 353 | 324 | ||
| Income before gain (loss) on sale of properties: | 426 | 358 | 593 | 353 | 324 | ||
| Income from discontinued operations | 248 | ||||||
| Net income: | 426 | 358 | 593 | 353 | 324 | ||
| Net income (loss) attributable to noncontrolling interest | 1 | 0 | |||||
| Net income available to common stockholders, diluted: | 427 | 358 | 593 | 353 | 324 | ||
Comprehensive Income ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 426 | 358 | 593 | 353 | 324 | ||
| Comprehensive income: | 426 | 358 | 593 | 353 | 324 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | 0 | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (25) | (145) | (121) | 51 | (21) | ||
| Comprehensive income, net of tax, attributable to parent: | 402 | 213 | 472 | 404 | 303 | ||
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.