LKQ Corporation (LKQ) Financial Statements (2023 and Earlier)
Company Profile
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
| 12/31/2016
| 12/31/2015
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | | | | 332 | 280 | 227 | 87 |
|
Cash and cash equivalents | | | | 332 | 280 | 227 | 87 |
|
Receivables | 1,073 | 1,073 | 1,131 | 1,154 | 1,027 | 861 | 590 |
|
Inventory, net of allowances, customer advances and progress billings | 2,611 | 2,415 | 2,773 | 2,836 | 2,381 | 1,935 | 1,557 |
|
Inventory | 2,611 | 2,415 | 2,773 | 2,836 | 2,381 | 1,935 | 1,557 |
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Deferred costs | | | | | | 22 | 14 |
|
Derivative instruments and hedges, assets | | | 3 | 0 | | | |
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Disposal group, including discontinued operation | | | | | | 457 | |
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Other undisclosed current assets | 571 | 546 | 781 | 199 | 134 | 66 | 93 |
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Total current assets: | 4,254 | 4,034 | 4,688 | 4,521 | 3,822 | 3,568 | 2,341 |
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Noncurrent Assets |
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Operating lease, right-of-use asset | 1,361 | 1,353 | 1,309 | ✕ | ✕ | ✕ | ✕ |
|
Property, plant and equipment | 1,299 | 1,249 | 1,234 | 1,220 | 913 | 812 | 697 |
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Long-term investments and receivables | 181 | 155 | 139 | 179 | 208 | 183 | |
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Long-term investments | 181 | 155 | 139 | 179 | 208 | 183 | |
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Intangible assets, net (including goodwill) | 5,286 | 5,406 | 5,257 | 5,310 | 4,280 | 3,639 | 2,534 |
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Goodwill | 4,540 | 4,592 | 4,407 | 4,381 | 3,537 | 3,055 | 2,319 |
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Intangible assets, net (excluding goodwill) | 746 | 814 | 850 | 929 | 744 | 584 | 215 |
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Other noncurrent assets | 225 | 164 | 153 | 163 | 143 | 102 | 76 |
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Total noncurrent assets: | 8,352 | 8,327 | 8,092 | 6,872 | 5,545 | 4,736 | 3,307 |
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TOTAL ASSETS: | 12,606 | 12,361 | 12,780 | 11,393 | 9,367 | 8,303 | 5,648 |
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LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 1,711 | 1,479 | 1,412 | 1,403 | 1,151 | 922 | 627 |
|
Accounts payable | 1,176 | 932 | 943 | 942 | 789 | 634 | 416 |
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Accrued liabilities | 271 | 335 | 290 | 288 | 219 | 170 | 124 |
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Employee-related liabilities | 261 | 209 | 179 | 172 | 143 | 119 | 87 |
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Taxes payable | 3 | 3 | | | | | |
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Debt | 15 | 12 | 231 | | | | |
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Derivative instruments and hedges, liabilities | | 59 | 1 | 0 | | | 1 |
|
Disposal group, including discontinued operation | | | | | | 145 | |
|
Customer refund liability | 107 | 102 | 97 | 105 | | | |
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Self insurance reserve | 61 | 55 | 54 | 52 | 43 | 40 | 38 |
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Other liabilities | 113 | 130 | 122 | 61 | 46 | 38 | 32 |
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Other undisclosed current liabilities | 159 | 151 | 262 | 70 | 83 | 66 | 55 |
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Total current liabilities: | 2,165 | 1,988 | 2,179 | 1,690 | 1,323 | 1,211 | 752 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | 1,246 | 1,243 | 1,169 | | | | |
|
Finance lease, liability | 37 | 45 | 31 | ✕ | ✕ | ✕ | ✕ |
|
Operating lease, liability | 1,209 | 1,198 | 1,138 | ✕ | ✕ | ✕ | ✕ |
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Liabilities, other than long-term debt | 795 | 843 | 519 | 823 | 621 | 411 | 253 |
|
Accounts payable and accrued liabilities | 25 | 28 | | | | | |
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Deferred tax liabilities, net | ✕ | ✕ | ✕ | 311 | 252 | 200 | 127 |
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Deferred income tax liabilities | 279 | 291 | | ✕ | ✕ | ✕ | ✕ |
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Liability, pension and other postretirement and postemployment benefits | 126 | 149 | 130 | 107 | | | |
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Disposal group, including discontinued operation, liabilities | | | | | | 34 | |
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Other liabilities | 364 | 375 | 366 | 364 | 308 | 174 | 125 |
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Derivative instruments and hedges, liabilities | | | 23 | 41 | 61 | 3 | |
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Other undisclosed noncurrent liabilities | 2,589 | 2,591 | 3,840 | 4,041 | 3,216 | | |
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Total noncurrent liabilities: | 4,630 | 4,677 | 5,529 | 4,864 | 3,837 | 411 | 253 |
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Total liabilities: | 6,795 | 6,665 | 7,707 | 6,555 | 5,160 | 1,621 | 1,004 |
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Temporary equity, carrying amount | 24 | 24 | 24 | | | | |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent | 5,772 | 5,656 | 5,009 | 4,782 | 4,198 | 3,443 | 3,115 |
|
Common stock | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
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Treasury stock, value | (1,346) | (469) | (352) | (60) | | | |
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Additional paid in capital | 1,474 | 1,445 | 1,418 | 1,415 | 1,141 | 1,117 | 1,091 |
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Accumulated other comprehensive loss | (153) | (99) | (201) | (175) | (70) | (267) | (105) |
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Retained earnings | 5,794 | 4,776 | 4,140 | 3,599 | 3,124 | 2,590 | 2,126 |
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Stockholders' equity attributable to noncontrolling interest | 15 | 16 | 40 | 56 | 8 | | |
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Total stockholders' equity: | 5,787 | 5,671 | 5,049 | 4,839 | 4,207 | 3,443 | 3,115 |
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Other undisclosed liabilities and equity | | | | | | 3,239 | 1,529 |
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TOTAL LIABILITIES AND EQUITY: | 12,606 | 12,361 | 12,780 | 11,393 | 9,367 | 8,303 | 5,648 |
Income Statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
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.