W.W. Grainger Inc. (GWW) Financial Statements (2024 and earlier)

Company Profile

Business Address 100 GRAINGER PARKWAY
LAKE FOREST, IL 60045-5201
State of Incorp. IL
Fiscal Year End December 31
Industry (SIC) 50 - Wholesale Trade-durable Goods (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments660325241585360538
Cash and cash equivalents660325241585360538
Receivables2,1922,1331,7541,4741,4251,385
Inventory, net of allowances, customer advances and progress billings2,2662,2531,8701,7331,6551,541
Inventory2,2662,2531,8701,7331,6551,541
Prepaid expense    71110
Other undisclosed current assets15626614612010483
Total current assets:5,2744,9774,0113,9193,5553,557
Noncurrent Assets
Operating lease, right-of-use asset429367393  ✕
Property, plant and equipment1,6581,4611,4241,3951,4001,352
Intangible assets, net (including goodwill)604603622619733884
Goodwill370371384391429424
Intangible assets, net (excluding goodwill)234232238228304460
Deferred income tax assets    1411✕
Other noncurrent assets18218014234830668
Other undisclosed noncurrent assets      12
Total noncurrent assets:2,8732,6112,5812,3762,4502,316
TOTAL ASSETS:8,1477,5886,5926,2956,0055,873
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities375386356282255291
Taxes payable✕✕✕37422729
Employee-related liabilities✕✕✕319240228262
Accrued liabilities375386    
Debt    8359130
Derivative instruments and hedges, liabilities 466501521  
Other undisclosed current liabilities1,4561,1586716301,0641,080
Total current liabilities:1,8312,0101,5281,4411,6781,501
Noncurrent Liabilities
Long-term debt and lease obligation 2,2662,2842,6962,3891,9142,090
Long-term debt, excluding current maturities 2,2662,2842,3622,3891,9142,090
Liabilities, other than long-term debt56251416726224786
Deferred income tax liabilities 577680  ✕
Liability, pension and other postretirement and postemployment benefits1241208726224786
Operating lease, liability381318334  ✕
Other undisclosed noncurrent liabilities474541110106103
Total noncurrent liabilities:2,8752,8432,9042,7612,2672,279
Total liabilities:4,7064,8534,4324,2023,9453,780
Equity
Equity, attributable to parent3,1152,4401,8741,8281,8551,921
Common stock555555555555
Treasury stock, value(10,285)(9,445)(8,855)(8,184)(7,633)(6,966)
Additional paid in capital1,3551,3101,2701,2391,1821,134
Accumulated other comprehensive loss(172)(180)(96)(61)(154)(171)
Retained earnings12,16210,7009,5008,7798,4057,869
Equity, attributable to noncontrolling interest326295286265205172
Total equity:3,4412,7352,1602,0932,0602,093
TOTAL LIABILITIES AND EQUITY:8,1477,5886,5926,2956,0055,873

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

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues16,47815,22813,02211,79711,48611,221
Revenue, net✕✕✕✕✕✕11,221
Cost of revenue
(Cost of Goods and Services Sold)		(9,982)(9,379)(8,302)(7,559)(7,089)(6,873)
Gross profit:6,4965,8494,7204,2384,3974,348
Operating expenses(3,931)(3,634)(3,173)(3,219)(3,135)(3,190)
Operating income:2,5652,2151,5471,0191,2621,158
Nonoperating expense(65)(69)(62)(72)(53)(77)
Other nonoperating income282425212624
Interest and debt expense      (88)
Income from continuing operations before equity method investments, income taxes:2,5002,1461,4859471,209993
Other undisclosed income from continuing operations before income taxes      88
Income from continuing operations before income taxes:2,5002,1461,4859471,2091,081
Income tax expense(597)(533)(371)(192)(314)(258)
Income from continuing operations:1,9031,6131,114755895823
Income before gain (loss) on sale of properties:✕✕✕1,114755895823
Net income:1,9031,6131,114755895823
Net loss attributable to noncontrolling interest(74)(66)(71)(60)(46)(41)
Net income attributable to parent:1,8291,5471,043695849782
Undistributed earnings (loss) allocated to participating securities, basic      (4)
Other undisclosed net loss available to common stockholders, basic      (2)
Net income available to common stockholders, diluted:1,8291,5471,043695849776

Comprehensive Income ($ in millions)
Annual | Quarterly

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:1,9031,6131,114755895823
Other comprehensive income (loss)(13)(118)(64)10520(48)
Comprehensive income:1,8901,4951,050860915775
Comprehensive loss, net of tax, attributable to noncontrolling interest(53)(32)(42)(72)(49)(44)
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:1,8371,4631,008788866731

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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