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
Q4
3/31/2014
Q3
12/31/2013
Q2
9/30/2013
Q1
6/30/2013
Q4
3/31/2013
Q3
12/31/2012
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments323389397369400416299
Cash and cash equivalents236219205176400416299
Short-term investments87170192193   
Receivables232205221223219206229
Inventory, net of allowances, customer advances and progress billings330300276327313316292
Inventory330300276327313316292
Disposal group, including discontinued operation      39
Prepaid expense and other current assets88854746
Assets held-for-sale    39
Income taxes receivable13 418921
Other current assets5710680   
Other undisclosed current assets1289898737110565
Total current assets:1,0831,0981,0721,0841,1061,0991,030
Noncurrent Assets
Property, plant and equipment839814811809818824829
Intangible assets, net (including goodwill)692505507507469472475
Goodwill452371371371348348348
Intangible assets, net (excluding goodwill)240134136136121124127
Other noncurrent assets475022   
Prepaid expense and other noncurrent assets23217779
Assets held-for-sale, long lived    28
Defined benefit plan, assets for plan benefits    1  
Assets of disposal group, including discontinued operation    67
Other undisclosed noncurrent assets476462161914(41)
Total noncurrent assets:1,6251,4331,4021,3551,3281,3871,437
TOTAL ASSETS:2,7082,5312,4742,4392,4342,4862,467
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities500629590653405691669
Accounts payable365306266304295275266
Accrued liabilities 323324349 416403
Employee-related liabilities135   110  
Debt105102108111191910
Disposal group, including discontinued operation      27
Other undisclosed current liabilities204   247  
Total current liabilities:809731698764671710706
Noncurrent Liabilities
Long-term debt and lease obligation839840840840932930936
Long-term debt, excluding current maturities839840840840932930936
Liabilities, other than long-term debt423359368344347424457
Pension and other postretirement defined benefit plans, liabilities116107112116119151157
Other liabilities307252256228228273300
Other undisclosed noncurrent liabilities      1
Total noncurrent liabilities:1,2621,1991,2081,1841,2791,3541,394
Total liabilities:2,0711,9301,9061,9481,9502,0642,100
Stockholders' equity
Stockholders' equity attributable to parent, including:637601568491484422367
Common stock1   1  
Additional paid in capital228   200  
Accumulated other comprehensive loss(149)   (141)  
Retained earnings607   477  
Unearned esop shares(50)   (53)  
Other undisclosed stockholders' equity attributable to parent 601568491 422367
Total stockholders' equity:637601568491484422367
TOTAL LIABILITIES AND EQUITY:2,7082,5312,4742,4392,4342,4862,467

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

6/30/2014
Q4
3/31/2014
Q3
12/31/2013
Q2
9/30/2013
Q1
6/30/2013
Q4
3/31/2013
Q3
12/31/2012
Q2
Revenues
(Revenue, Net)
1,0649551,0829849629241,060
Cost of revenue
(Cost of Goods and Services Sold)
(770)(674)(757)(719)(698)(652)(728)
Gross profit:294281325265264272332
Operating expenses(367)(200)(202)(189)(337)(206)(224)
Other undisclosed operating income (loss)132(5)(7)(21)122(1)(9)
Operating income:597611655496599
Nonoperating income2232221
Investment income, nonoperating2232221
Loss from catastrophes (0)     
Interest and debt expense(11)(12)(12)(13)(13)(13)(11)
Other undisclosed income from continuing operations before equity method investments, income taxes 0     
Income from continuing operations before income taxes:506610744385489
Income tax expense (benefit)(23)(24)7(15)(3)(12)(31)
Income from continuing operations:274211429354258
Income from discontinued operations  1 6517
Net income available to common stockholders, diluted:274211529419365

Comprehensive Income ($ in millions)

6/30/2014
Q4
3/31/2014
Q3
12/31/2013
Q2
9/30/2013
Q1
6/30/2013
Q4
3/31/2013
Q3
12/31/2012
Q2
Net income:274211529419365
Other undisclosed comprehensive income (loss)(9)3(1)(1)24(24)(11)
Comprehensive income, net of tax, attributable to parent:184511428656954

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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