Flowers Foods, Inc. (FLO) financial statements (2021 and earlier)

Company profile

Business Address 1919 FLOWERS CIRCLE
THOMASVILLE, GA 31757
State of Incorp. GA
Fiscal Year End December 31
SIC 20 - Food And Kindred Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
4/30/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments30732630025311710
Cash and cash equivalents30732630025311710
Receivables300313327341286299312
Inventory, net of allowances, customer advances and progress billings125128125136127130123
Inventory125128125136127130123
Other current assets37312934636258
Other undisclosed current assets68696968676767
Total current assets:838867849832554566569
Noncurrent Assets
Finance lease, right-of-use asset5181921232423
Operating lease, right-of-use asset329336355364376380375
Property, plant and equipment699694697697718710713
Long-term investments and receivables176182188193199201202
Accounts and financing receivable, after allowance for credit loss176182188193199201202
Intangible assets, net (including goodwill)1,2601,2681,2751,2861,2951,3181,324
Goodwill545545545545545545545
Intangible assets, net (excluding goodwill)715723730741750772779
Disposal group, including discontinued operation, noncurrent assets   12445
Deferred costs2      
Other noncurrent assets91178887
Other undisclosed noncurrent assets4108    
Total noncurrent assets:2,4852,5192,5492,5812,6242,6442,650
TOTAL ASSETS:3,3233,3853,3993,4133,1783,2093,220
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities451458477442434438433
Accounts payable226258250258233252255
Accrued liabilities225201227184201186178
Debt26762656462
Deferred compensation liability2      
Other undisclosed current liabilities49525312920 
Total current liabilities:504516538505528522495
Noncurrent Liabilities
Long-term debt and lease obligation1,2541,3251,3341,4041,2061,2241,237
Long-term debt, excluding current maturities9601,0101,0101,069863874889
Finance lease, liability4151718192122
Operating lease, liability290300308316324329326
Liabilities, other than long-term debt, including:192193190184180170194
Deferred income tax liabilities128124124126121  
Liability, pension and other postretirement and postemployment benefits1091414141437
Other liabilities54605244444747
Other undisclosed liabilities, other than long-term debt     109110
Total noncurrent liabilities:1,4461,5181,5241,5881,3861,3941,431
Total liabilities:1,9502,0342,0622,0921,9141,9161,926
Stockholders' equity
Stockholders' equity attributable to parent1,3731,3511,3361,3211,2631,2931,294
Common stock0000000
Treasury stock, value(225)(225)(225)(226)(226)(226)(226)
Additional paid in capital660657654651648647645
Accumulated other comprehensive income (loss)62(9)(6)(106)(112)(107)
Retained earnings932919917901947985982
Total stockholders' equity:1,3731,3511,3361,3211,2631,2931,294
TOTAL LIABILITIES AND EQUITY:3,3233,3853,3993,4133,1783,2093,220

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
4/30/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,0239901,0261,349918967976
Cost of revenue
(Cost of Goods and Services Sold)
(522)(498)(506)(671)(486)(509)(509)
Gross profit:501492520679432458467
Operating expenses(388)(387)(397)(522)(377)(362)(359)
Other undisclosed operating loss(36)(52)(44)(45)(51)(36)(35)
Operating income:77537911245972
Nonoperating income
(Investment Income, Nonoperating)
6668666
Interest and debt expense(9)(9)(9)(12)(8)(9)(9)
Income from continuing operations before equity method investments, income taxes:74507610925670
Other undisclosed income (loss) from continuing operations before income taxes070(116)(1)(1)(1)
Income (loss) from continuing operations before income taxes:755776(8)15669
Income tax expense (benefit)(19)(13)(18)21(12)(16)
Net income (loss) available to common stockholders, diluted:564458(6)24353

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
4/30/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):564458(6)24353
Other comprehensive income (loss)510(3)1006(6)12
Comprehensive income, net of tax, attributable to parent:6154559493866

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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