LSC Communications, Inc. (LKSD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
191 N. WACKER DRIVE CHICAGO, IL 60606 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 275 - Commercial Printing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 105 | 21 | 34 | 95 | |||
| Cash and cash equivalent | 105 | 21 | 34 | 95 | |||
| Restricted cash and investments | 1 | 3 | |||||
| Receivables | (7) | 617 | 727 | 667 | |||
| Inventory, net of allowances, customer advances and progress billings | 170 | 197 | 238 | 193 | |||
| Inventory | 170 | 197 | 238 | 193 | |||
| Other undisclosed current assets | 519 | 29 | 47 | 21 | |||
| Total current assets: | 788 | 867 | 1,046 | 976 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 163 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 440 | 508 | 576 | 608 | |||
| Intangible assets, net (including goodwill) | 172 | 259 | 242 | 215 | |||
| Goodwill | 52 | 103 | 82 | 84 | |||
| Intangible assets, net (excluding goodwill) | 120 | 156 | 160 | 131 | |||
| Regulated entity, other noncurrent assets | 9 | 11 | 12 | 15 | |||
| Other noncurrent assets | 77 | 93 | 99 | 96 | |||
| Other undisclosed noncurrent assets | 16 | 39 | 42 | ||||
| Total noncurrent assets: | 861 | 887 | 968 | 976 | |||
| TOTAL ASSETS: | 1,649 | 1,754 | 2,014 | 1,952 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 386 | 571 | 645 | 531 | |||
| Accounts payable | 175 | 372 | 406 | 294 | |||
| Accrued liabilities | 211 | 199 | 239 | 237 | |||
| Debt | 42 | 108 | 123 | 52 | |||
| Other undisclosed current liabilities | 465 | ||||||
| Total current liabilities: | 893 | 679 | 768 | 583 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation, including: | 445 | 659 | 699 | 742 | |||
| Other undisclosed long-term debt and lease obligation | 316 | 659 | 699 | 742 | |||
| Liabilities, other than long-term debt | 237 | 219 | 276 | 387 | |||
| Accounts payable and accrued liabilities | 15 | ||||||
| Deferred tax liabilities, net | ✕ | ✕ | 2 | ||||
| Liability, pension and other postretirement and postemployment benefits | 156 | 132 | 182 | 279 | |||
| Restructuring reserve | 25 | 26 | 12 | ||||
| Other liabilities | 56 | 61 | 67 | 106 | |||
| Operating lease, liability | 129 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 146 | 19 | 23 | ||||
| Total noncurrent liabilities: | 828 | 897 | 998 | 1,129 | |||
| Total liabilities: | 1,721 | 1,576 | 1,766 | 1,712 | |||
| Equity | |||||||
| Equity, attributable to parent | (72) | 178 | 248 | 240 | |||
| Treasury stock, value | (25) | (24) | (2) | ||||
| Additional paid in capital | 835 | 828 | 816 | 770 | |||
| Accumulated other comprehensive loss | (528) | (584) | (476) | (531) | |||
| Retained earnings (accumulated deficit) | (354) | (42) | (90) | 1 | |||
| Total equity: | (72) | 178 | 248 | 240 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,649 | 1,754 | 2,014 | 1,952 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Revenues | 3,326 | 3,826 | 3,603 | 3,654 | ||
| Revenue, net | ✕ | ✕ | ✕ | 3,603 | 3,654 | |
| Cost of revenue | (2,888) | (3,283) | (3,026) | |||
| Cost of product and service sold | (2,888) | (3,283) | ||||
| Gross profit: | 438 | 543 | 577 | 3,654 | ||
| Operating expenses | (595) | (501) | (550) | (189) | ||
| Other undisclosed operating loss | (3,290) | |||||
| Operating income (loss): | (157) | 42 | 27 | 175 | ||
| Nonoperating income | 82 | 48 | 1 | |||
| Gain on contract termination | 45 | |||||
| Other nonoperating income | 37 | 48 | 1 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (75) | 90 | 28 | 175 | ||
| Other undisclosed loss from continuing operations before income taxes | (213) | (80) | (72) | (18) | ||
| Income (loss) from continuing operations before income taxes: | (288) | 10 | (44) | 157 | ||
| Income tax expense | (7) | (33) | (13) | (51) | ||
| Income (loss) from continuing operations: | (295) | (23) | (57) | 106 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (295) | (23) | (57) | 106 | |
| Net income (loss) available to common stockholders, diluted: | (295) | (23) | (57) | 106 | ||
Comprehensive Income ($ in millions)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (295) | (23) | (57) | 106 | ||
| Comprehensive income (loss): | (295) | (23) | (57) | 106 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 56 | (11) | 55 | 40 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (239) | (34) | (2) | 146 | ||
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.