SPX FLOW, Inc. (FLOW) financial statements (2022 and earlier)

Company profile

Business Address 13320 BALLANTYNE CORPORATE PLACE
CHARLOTTE, NC 28277
State of Incorp. DE
Fiscal Year End December 31
SIC 354 - Metalworking Machinery And Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments314442299213264215
Cash and cash equivalents314442299213264215
Receivables246233243376439447
Inventory, net of allowances, customer advances and progress billings243199208305294272
Inventory243199208305294272
Contract with customer, asset26242769
Disposal group, including discontinued operation  464   
Other current assets442732445073
Total current assets:8729251,2741,0071,0471,007
Noncurrent Assets
Finance lease, right-of-use asset  1
Operating lease, right-of-use asset  49
Property, plant and equipment38237222336361377
Intangible assets, net (including goodwill)8067767531,0571,1221,067
Goodwill585570545744771723
Intangible assets, net (excluding goodwill)222206208312350344
Other noncurrent assets172170180152160152
Other undisclosed noncurrent assets(147)(144)158   
Total noncurrent assets:1,2141,1731,1641,5441,6421,596
TOTAL ASSETS:2,0862,0992,4372,5522,6892,603
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities377351350427631545
Accounts payable174149143204219204
Accrued liabilities183179162195390330
Taxes payable202345282211
Deferred revenue106120116
Debt341321474548
Disposal group, including discontinued operation  221   
Contract with customer, liability175
Total current liabilities:517483707649675592
Noncurrent Liabilities
Long-term debt and lease obligation, including:3743976947228511,061
Long-term debt, excluding current maturities374397    
Finance lease, liability 01
Capital lease obligations101115
Operating lease, liability363640
Other undisclosed long-term debt and lease obligation(36)(37)6537138401,046
Liabilities, other than long-term debt108118115113126126
Accounts payable and accrued liabilities000111
Other liabilities108118115112126126
Other undisclosed noncurrent liabilities483628836262
Total noncurrent liabilities:5315518379181,0401,249
Total liabilities:1,0481,0341,5441,5671,7151,841
Temporary equity, carrying amount2320222220
Stockholders' equity
Stockholders' equity attributable to parent1,0371,061862953942741
Common stock000000
Treasury stock, value(99)(46)(19)(14)(9)(5)
Additional paid in capital1,7291,6971,6771,6631,6511,640
Accumulated other comprehensive loss(286)(226)(427)(431)(373)(521)
Accumulated deficit(308)(363)(369)(266)(328)(374)
Stockholders' equity attributable to noncontrolling interest(1)(1)1110102
Total stockholders' equity:1,0371,061873963952742
TOTAL LIABILITIES AND EQUITY:2,0862,0992,4372,5522,6892,603

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues1,5291,3511,5072,0901,9521,996
Revenue, net1,9521,996
Cost of revenue
(Cost of Goods and Services Sold)
(994)(882)(986)(1,434)(1,335)(1,371)
Gross profit:535469520656616625
Operating expenses(404)(385)(405)(488)(497)(1,010)
Other undisclosed operating loss (3)    
Operating income (loss):13181116168119(385)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
1710(1)(6)1(1)
Interest and debt expense(12)(11)   (39)
Other undisclosed loss from continuing operations before equity method investments, income taxes (30)(30)(47)(63)(57)
Income (loss) from continuing operations before equity method investments, income taxes:136508611658(482)
Other undisclosed loss from continuing operations before income taxes(16)     
Income (loss) from continuing operations before income taxes:120508611658(482)
Income tax expense (benefit)(54)(6)(29)(71)(11)101
Income (loss) from continuing operations:6643574547(381)
Income (loss) from discontinued operations1(37)(150)   
Net income (loss):677(93)4547(381)
Net loss attributable to noncontrolling interest(0)(1)(2)(1)(0)(1)
Net income (loss) available to common stockholders, diluted:676(95)4446(382)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):677(93)4547(381)
Other comprehensive income (loss)(59)2004(51)149(140)
Comprehensive income (loss):8207(89)(6)196(521)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(1)(2)(0)(1)0
Comprehensive income (loss), net of tax, attributable to parent:7206(91)(7)195(521)

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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