Brinker International, Inc. (EAT) Financial Statements (2023 and earlier)

Company Profile

Business Address 3000 OLYMPUS BLVD.
DALLAS, TX 75019
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2023
12/31/2022
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments151424441311
Cash and cash equivalents151424441311
Receivables957188887055
Inventory, net of allowances, customer advances and progress billings373629272324
Inventory373629272324
Prepaid expense565653524747
Other undisclosed current assets352614142420
Total current assets:237201207224177156
Noncurrent Assets
Operating lease, right-of-use asset1,1431,1611,0071,055✕✕
Property, plant and equipment827817775805755939
Intangible assets, net (including goodwill)221223209211188188
Goodwill195195188188166164
Intangible assets, net (excluding goodwill)262721232224
Deferred income tax assets73635138✕✕
Other noncurrent assets192125232631
Other undisclosed noncurrent assets     11234
Total noncurrent assets:2,2822,2832,0682,1321,0811,191
TOTAL ASSETS:2,5202,4842,2752,3561,2581,347
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities356361368271412427
Taxes payable✕✕    2
Employee-related liabilities✕91111122658275
Accounts payable14213412810598105
Accrued liabilities122116117101232246
Deferred revenue    ✕✕
Debt15202212107
Other undisclosed current liabilities203176183215  
Total current liabilities:574558572498422434
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,0239899181,2091,2071,500
Finance lease, liability 7010090✕✕
Other undisclosed long-term debt and lease obligation1,023(232)(189)571,2071,500
Liabilities, other than long-term debt, including:1,190548267153132
Deferred revenue and credits✕✕✕✕✕✕23
Accounts payable and accrued liabilities    349496
Deferred revenue    12✕✕
Liability for uncertainty in income taxes    223
Off-market lease, unfavorable     34
Other liabilities575482 66
Operating lease, liability1,1331,1511,0071,062✕✕
Other undisclosed liabilities, other than long-term debt    2048 
Total noncurrent liabilities:2,2141,0431,0001,2761,3601,631
Total liabilities:2,7871,6011,5721,7741,7812,066
Equity
Equity, attributable to parent(268)(268)(303)(479)(778)(718)
Common stock67771818
Treasury stock, value(499)(812)(725)(752)(4,083)(3,925)
Additional paid in capital689691685669522512
Accumulated other comprehensive loss(6)(5)(5)(6)(6)(6)
Retained earnings (accumulated deficit)(457)(148)(266)(398)2,7712,683
Total equity:(268)(268)(303)(479)(778)(718)
Other undisclosed liabilities and equity  1,1511,0071,062255 
TOTAL LIABILITIES AND EQUITY:2,5202,4842,2752,3561,2581,347

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

6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
Revenues3,9763,8043,3383,0793,2183,135
Revenue, net✕✕✕✕✕✕3,042
Cost of revenue(3,711)(3,430)(2,822)(2,607)(2,592)(796)
Cost of goods and services sold(1,388)(1,213)(868)(799)(823)(796)
Gross profit:2663755164716262,339
Operating expenses(151)(215)(317)(409)(395) 
Other undisclosed operating loss      (2,113)
Operating income:11516019963231226
Nonoperating income222233
Other nonoperating income222233
Unusual or infrequent item, or both, net (gain) loss (1)(1) (12)  
Interest and debt expense(49)(46)(56)(60)(62)(59)
Income from continuing operations before income taxes:681151455172170
Income tax expense (benefit)62(14)20(17)(44)
Income from continuing operations:7511813224155126
Income before gain (loss) on sale of properties:✕4711813224155126
Net income:7411713212155126
Other undisclosed net income attributable to parent 11 12  
Net income available to common stockholders, diluted:7511813224155126

Comprehensive Income ($ in millions)
Annual | Quarterly

6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
Net income:7411713212155126
Comprehensive income:7411713212155126
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)(0)21200
Comprehensive income, net of tax, attributable to parent:7411713324155126

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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