Las Vegas Sands Corp. (LVS) financial statements (2021 and earlier)

Company profile

Business Address 3355 LAS VEGAS BOULEVARD, SOUTH
LAS VEGAS, NV 89109
State of Incorp. NV
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

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 investments4,2264,6482,4192,1282,1793,5063,600
Cash and cash equivalents4,2264,6482,4192,1282,1793,5063,600
Restricted cash and investments1613111087 
Receivables8477296157761,2681,5111,762
Inventory, net of allowances, customer advances and progress billings37354746434242
Inventory37354746434242
Other undisclosed current assets179141115138111125111
Total current assets:5,3055,5663,2073,0983,6095,1905,516
Noncurrent Assets
Finance lease, right-of-use asset17
Operating lease, right-of-use asset190
Property, plant and equipment14,84415,15415,51615,90315,73215,37215,359
Intangible assets, net (including goodwill)4272891037286102
Intangible assets, net (excluding goodwill)4272891037286102
Deferred costs    170206186
Deferred income tax assets282
Other noncurrent assets454189145155119122119
Other undisclosed noncurrent assets2,0651,5661,7301,2101,2861,3851,443
Total noncurrent assets:17,89416,98117,48017,37117,37817,17117,209
TOTAL ASSETS:23,19922,54720,68720,46920,98722,36222,724
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3091,2271,083910888934604
Accounts payable149178171128110113119
Accrued liabilities342446309291286292 
Employee-related liabilities378359342299291297308
Taxes payable275244261192198224177
Interest and dividends payable165   28 
Debt7011129616795100378
Due to related parties2      
Deferred tax liabilities    1313
Customer advances and deposits572508431465
Other undisclosed current liabilities1,8431,8199971,2211,0501,2022,135
Total current liabilities:3,2243,1572,9482,8062,4642,7123,130
Noncurrent Liabilities
Long-term debt and lease obligation, including:12,42211,8749,3449,4289,3739,8939,383
Finance lease, liability9
Operating lease, liability305
Other undisclosed long-term debt and lease obligation12,10811,8749,3449,4289,3739,8939,383
Liabilities, other than long-term debt696179147158350352285
Deferred revenue and credits 323538 
Deferred tax liabilities, net   202189173
Deferred income tax liabilities183
Other liabilities513179147126113125112
Other undisclosed noncurrent liabilities350592613581382384426
Total noncurrent liabilities:13,46812,64510,10410,16710,10510,62910,094
Total liabilities:16,69215,80213,05212,97312,56913,34113,224
Stockholders' equity
Stockholders' equity attributable to parent5,1875,6846,4936,1776,8177,2147,665
Common stock1111111
Treasury stock, value(4,481)(3,727)(2,818)(2,443)(2,443)(2,238)(571)
Additional paid in capital6,5696,6806,5806,5166,4856,4296,348
Accumulated other comprehensive income (loss)(3)(40)14(119)(66)76174
Retained earnings3,1012,7702,7162,2222,8402,9461,713
Stockholders' equity attributable to noncontrolling interest1,3201,0611,1421,3191,6011,8071,835
Total stockholders' equity:6,5076,7457,6357,4968,4189,0219,501
TOTAL LIABILITIES AND EQUITY:23,19922,54720,68720,46920,98722,36222,724

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues13,73913,72912,88211,41011,68814,58413,770
Revenue, net12,88211,41011,68814,58413,770
Cost of revenue(7,286)(7,361)(6,716)(6,131)(6,332)(7,961)(7,746)
Cost of goods and services sold  (6,136)(5,521)(5,779)(7,355)(7,125)
Gross profit:6,4536,3686,1665,2795,3576,6236,024
Operating expenses(2,755)(2,617)(2,704)(2,786)(2,515)(2,524)(2,615)
Operating income:3,6983,7513,4622,4932,8414,0993,408
Nonoperating income (expense)57926(94)3131134
Investment income, nonoperating556    (1) 
Foreign currency transaction gain, before tax     12 
Other nonoperating income (expense)2326(94)313124
Interest and debt expense(555)(446)(332)(274)(265)(274)(271)
Income from continuing operations before equity method investments, income taxes:3,7223,3313,0362,2502,6073,8383,141
Other undisclosed income (loss) from continuing operations before income taxes50(5)16515(6)2
Income from continuing operations before income taxes:3,7723,3263,0522,2552,6223,8333,144
Income tax expense (benefit)(468)(375)209(239)(236)(245)(189)
Net income:3,3042,9513,2612,0162,3863,5882,955
Net loss attributable to noncontrolling interest(606)(538)(455)(346)(419)(747)(649)
Net income available to common stockholders, diluted:2,6982,4132,8061,6701,9662,8412,306

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:3,3042,9513,2612,0162,3863,5882,955
Other comprehensive income (loss) (58)125(54)(141)(98) 
Other undisclosed comprehensive income (loss)42     (90)
Comprehensive income:3,3462,8933,3861,9622,2453,4902,865
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(611)(534)(447)(345)(421)(747)648
Other undisclosed comprehensive loss, net of tax, attributable to parent      (1,296)
Comprehensive income, net of tax, attributable to parent:2,7352,3592,9391,6171,8242,7432,217

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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