Fortune Brands Home & Security, Inc. (FBHS) financial statements (2022 and earlier)

Company profile

Business Address 520 LAKE COOK ROAD
DEERFIELD, IL 60015
State of Incorp. DE
Fiscal Year End December 31
SIC 243 - Millwork, Veneer, Plywood, And Structural Wood (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments472461460356419465398
Cash and cash equivalents472461460356419465398
Receivables886922845829735765658
Inventory, net of allowances, customer advances and progress billings1,1941,1281,047958867738732
Inventory1,1941,1281,047958867738732
Other current assets194215198203187170169
Total current assets:2,7452,7262,5492,3462,2092,1381,957
Noncurrent Assets
Operating lease, right-of-use asset192199189179170  
Property, plant and equipment1,010935918905917792794
Intangible assets, net (including goodwill)3,8493,8683,8913,9013,8153,1963,199
Goodwill2,4652,4672,4712,4662,3952,0852,081
Intangible assets, net (excluding goodwill)1,3841,4011,4211,4341,4201,1111,118
Other noncurrent assets142141149151248226217
Other undisclosed noncurrent assets     167164
Total noncurrent assets:5,1925,1435,1475,1365,1504,3814,375
TOTAL ASSETS:7,9367,8697,6967,4827,3596,5196,332
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities765736698599621544464
Accounts payable765736698599621544464
Debt400      
Other liabilities806793667598725591489
Total current liabilities:1,9711,5291,3651,1971,3451,135953
Noncurrent Liabilities
Long-term debt and lease obligation2,4692,7962,7672,8322,7132,2262,383
Long-term debt, excluding current maturities2,3102,6292,6082,6832,5722,0872,246
Operating lease, liability159167158149141139138
Liabilities, other than long-term debt432489521529525530533
Deferred income tax liabilities176167172167161149152
Liability, pension and other postretirement and postemployment benefits80132152157160180198
Other liabilities176190197205205200183
Total noncurrent liabilities:2,9003,2853,2883,3613,2382,7552,916
Total liabilities:4,8714,8144,6534,5584,5833,8903,869
Stockholders' equity
Stockholders' equity attributable to parent3,0653,0553,0442,9242,7762,6292,462
Common stock2222222
Treasury stock, value(2,739)(2,558)(2,442)(2,340)(2,278)(2,238)(2,237)
Additional paid in capital3,0182,9952,9832,9552,9262,9032,853
Accumulated other comprehensive loss(25)(54)(38)(51)(55)(92)(110)
Retained earnings2,8082,6702,5392,3582,1802,0531,955
Stockholders' equity attributable to noncontrolling interest      1
Total stockholders' equity:3,0653,0553,0442,9242,7762,6292,463
TOTAL LIABILITIES AND EQUITY:7,9367,8697,6967,4827,3596,5196,332

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues1,9631,9861,9361,7711,6601,6521,376
Cost of revenue
(Cost of Goods and Services Sold)
(1,272)(1,280)(1,230)(1,127)(1,052)(1,072)(893)
Gross profit:691706706644608581483
Operating expenses(430)(420)(411)(396)(375)(340)(310)
Operating income:261287295248233240173
Nonoperating income (expense)(5)11(3)(0)25
Other nonoperating income (expense) 11(3)(0)25
Interest and debt expense(21)(21)(21)(21)(20)(20)(22)
Other undisclosed income from continuing operations before equity method investments, income taxes5      
Income from continuing operations before equity method investments, income taxes:239267275224214222156
Loss from equity method investments    (8)  
Other undisclosed income from continuing operations before income taxes    8  
Income from continuing operations before income taxes:239267275224214222156
Income tax expense(64)(65)(58)(46)(47)(54)(38)
Other undisclosed loss from continuing operations    (8)  
Income before gain (loss) on sale of properties:175202217178159168118
Other undisclosed net income (loss)    5(2)(2)
Net income:175202217178164166116
Net loss attributable to noncontrolling interest     (1)(0)
Net income available to common stockholders, diluted:175202217178164165116

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:175202217178164166116
Other comprehensive income (loss)29(15)134361913
Comprehensive income:205187230182200185129
Comprehensive loss, net of tax, attributable to noncontrolling interest     (1)(0)
Comprehensive income, net of tax, attributable to parent:205187230182200183129

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.

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