Hillshire Brands Co (HSH) financial statements (2022 and earlier)
Company profile
| Business Address |
400 SOUTH JEFFERSON STREET CHICAGO, IL 60607 |
| State of Incorp. | MD |
| Fiscal Year End | June 30 |
| SIC | 20 - Food And Kindred Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 6/30/2014 | 6/30/2013 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 323 | 400 | ||
| Cash and cash equivalents | 236 | 400 | ||
| Short-term investments | 87 | |||
| Receivables | 232 | 219 | ||
| Inventory, net of allowances, customer advances and progress billings | 330 | 313 | ||
| Inventory | 330 | 313 | ||
| Prepaid expense and other current assets | ✕ | 85 | ||
| Income taxes receivable | 13 | 18 | ||
| Other current assets | 57 | ✕ | ||
| Other undisclosed current assets | 128 | 71 | ||
| Total current assets: | 1,083 | 1,106 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 839 | 818 | ||
| Intangible assets, net (including goodwill) | 692 | 469 | ||
| Goodwill | 452 | 348 | ||
| Intangible assets, net (excluding goodwill) | 240 | 121 | ||
| Other noncurrent assets | 47 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | 21 | ||
| Defined benefit plan, assets for plan benefits | 1 | |||
| Other undisclosed noncurrent assets | 47 | 19 | ||
| Total noncurrent assets: | 1,625 | 1,328 | ||
| TOTAL ASSETS: | 2,708 | 2,434 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 500 | 405 | ||
| Accounts payable | 365 | 295 | ||
| Employee-related liabilities | 135 | 110 | ||
| Debt | 105 | 19 | ||
| Other undisclosed current liabilities | 204 | 247 | ||
| Total current liabilities: | 809 | 671 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 839 | 932 | ||
| Long-term debt, excluding current maturities | 839 | 932 | ||
| Liabilities, other than long-term debt | 423 | 347 | ||
| Pension and other postretirement defined benefit plans, liabilities | 116 | 119 | ||
| Other liabilities | 307 | 228 | ||
| Total noncurrent liabilities: | 1,262 | 1,279 | ||
| Total liabilities: | 2,071 | 1,950 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent | 637 | 484 | ||
| Common stock | 1 | 1 | ||
| Additional paid in capital | 228 | 200 | ||
| Accumulated other comprehensive loss | (149) | (141) | ||
| Retained earnings | 607 | 477 | ||
| Unearned esop shares | (50) | (53) | ||
| Total stockholders' equity: | 637 | 484 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,708 | 2,434 | ||
Income statement (P&L) ($ in millions)
| 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|
| Revenues (Revenue, Net) | 4,085 | 3,920 | |
| Cost of revenue (Cost of Goods and Services Sold) | (2,920) | (2,758) | |
| Gross profit: | 1,165 | 1,162 | |
| Operating expenses | (925) | (877) | |
| Other undisclosed operating income | 66 | 12 | |
| Operating income: | 306 | 297 | |
| Nonoperating income (Investment Income, Nonoperating) | 9 | 7 | |
| Interest and debt expense | (48) | (48) | |
| Income from continuing operations before income taxes: | 267 | 256 | |
| Income tax expense | (55) | (72) | |
| Income from continuing operations: | 212 | 184 | |
| Income from discontinued operations | 1 | 68 | |
| Net income available to common stockholders, diluted: | 213 | 252 | |
Comprehensive Income ($ in millions)
| 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|
| Net income: | 213 | 252 | |
| Other undisclosed comprehensive loss | (8) | (3) | |
| Comprehensive income, net of tax, attributable to parent: | 205 | 249 | |
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.