LKQ Corporation (LKQ) financial statements (2021 and earlier)

Company profile

Business Address 500 WEST MADISON STREET
CHICAGO, IL 60661
State of Incorp. DE
Fiscal Year End December 31
SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 33228022787115150
Cash and cash equivalents 33228022787115150
Receivables1,1311,1541,027861590601458
Inventory, net of allowances, customer advances and progress billings2,7732,8362,3811,9351,5571,4341,077
Inventory2,7732,8362,3811,9351,5571,4341,077
Deferred costs   2214  
Derivative instruments and hedges, assets30     
Disposal group, including discontinued operation   457   
Income taxes receivable✕✕✕✕✕✕8
Deferred tax assets✕    8264
Other undisclosed current assets78119913466938642
Total current assets:4,6884,5213,8223,5682,3412,3171,800
Noncurrent Assets
Operating lease, right-of-use asset1,309✕✕✕✕✕✕
Property, plant and equipment1,2341,220913812697630547
Long-term investments and receivables139179208183 89
Long-term investments139179208183 89
Intangible assets, net (including goodwill)5,2575,3104,2803,6392,5342,5342,091
Goodwill4,4074,3813,5373,0552,3192,2891,937
Intangible assets, net (excluding goodwill)850929744584215246154
Other noncurrent assets153163143102769281
Deferred tax assets, net✕    02
Other undisclosed noncurrent assets     (8)(10)
Total noncurrent assets:8,0926,8725,5454,7363,3073,2562,719
TOTAL ASSETS:12,78011,3939,3678,3035,6485,5734,519
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4121,4031,151922627650565
Accounts payable943942789634416400349
Accrued liabilities290288219170124164140
Employee-related liabilities179172143119878659
Taxes payable      17
Debt231    6442
Derivative instruments and hedges, liabilities10  1322
Disposal group, including discontinued operation   145   
Customer refund liability97105     
Self insurance reserve54524340383626
Deferred tax liabilities✕    53
Other liabilities122614638323319
Other undisclosed current liabilities26270836655(39)1
Total current liabilities:2,1791,6901,3231,211752751678
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,169    1,8011,264
Finance lease, liability31✕✕✕✕✕✕
Operating lease, liability1,138✕✕✕✕✕✕
Other undisclosed long-term debt and lease obligation     1,8011,264
Liabilities, other than long-term debt519823621411253304231
Deferred tax liabilities, net✕311252200127182134
Liability, pension and other postretirement and postemployment benefits130107    ✕
Disposal group, including discontinued operation, liabilities   34   
Other liabilities36636430817412511989
Derivative instruments and hedges, liabilities2341613 38
Other undisclosed noncurrent liabilities3,8404,0413,216    
Total noncurrent liabilities:5,5294,8643,8374112532,1051,495
Total liabilities:7,7076,5555,1601,6211,0042,8552,173
Temporary equity, carrying amount24      
Stockholders' equity
Stockholders' equity attributable to parent5,0094,7824,1983,4433,1152,7212,351
Common stock3333333
Treasury stock, value(352)(60)     
Additional paid in capital1,4181,4151,1411,1171,0911,0551,006
Accumulated other comprehensive income (loss)(201)(175)(70)(267)(105)(40)20
Retained earnings4,1403,5993,1242,5902,1261,7031,322
Stockholders' equity attributable to noncontrolling interest40568    
Total stockholders' equity:5,0494,8394,2073,4433,1152,7212,351
Other undisclosed liabilities and equity   3,2391,529(3)(5)
TOTAL LIABILITIES AND EQUITY:12,78011,3939,3678,3035,6485,5734,519

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues12,50611,8779,7378,5847,1936,7405,063
Revenue, net✕11,8779,7378,5847,1936,7405,063
Cost of revenue
(Cost of Goods and Services Sold)		(7,654)(7,302)(5,937)(5,232)(4,359)(4,088)(2,987)
Gross profit:4,8524,5753,8003,3522,8342,6522,075
Operating expenses(3,918)(3,660)(1,351)(1,178)(950)(884)(678)
Other undisclosed operating loss(37)(32)(1,602)(1,410)(1,178)(1,118)(867)
Operating income:897882847763705650530
Nonoperating expense(106)(139)(81)(86)(56)(62)(54)
Foreign currency transaction gain, before tax   18   
Other nonoperating income336182312
Interest and debt expense(139)(146)(102)(88)(58)(65)(51)
Other undisclosed income from continuing operations before equity method investments, income taxes13914610288586551
Income from continuing operations before equity method investments, income taxes:791743767677649588476
Income (loss) from equity method investments(32)(64)6(1)(6)(2) 
Income from continuing operations before income taxes:759679773677643586476
Income tax expense(215)(191)(236)(221)(220)(204)(164)
Income before gain (loss) on sale of properties:543488537456423382312
Other undisclosed net income (loss)2(4)(7)    
Net income:545483530456423382312
Net income (loss) attributable to noncontrolling interest (3)4    
Other undisclosed net income (loss) attributable to parent(4)  8   
Net income available to common stockholders, diluted:541480534464423382312

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:545483530456423382312
Other comprehensive income (loss)(26)(110)197(162)(65)(60)19
Comprehensive income:519373727294358321331
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (3)4    
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(4)  8   
Comprehensive income, net of tax, attributable to parent:515370730302358321331

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: