Mead Johnson Nutrition Co (MJN) Financial Statements (2025 and earlier)
Company Profile
Business Address |
225 NORTH CANAL STREET CHICAGO, IL 60606 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 20 - Food And Kindred Products (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,795,400 | 1,843,200 | 1,716,000 | 1,702,300 | 1,701,400 | 1,363,500 | |||
Cash and cash equivalents | 1,795,400 | 1,843,200 | 1,716,000 | 1,702,300 | 1,701,400 | 1,363,500 | |||
Restricted cash and investments | |||||||||
Receivables | 369,000 | 397,200 | 359,500 | 368,200 | 342,500 | 368,900 | |||
Inventory, net of allowances, customer advances and progress billings | 473,500 | 476,000 | 465,800 | 486,900 | 484,900 | 518,600 | |||
Inventory | 473,500 | 476,000 | 465,800 | 486,900 | 484,900 | 518,600 | |||
Other undisclosed current assets | 68,700 | 89,300 | 78,600 | 77,000 | 73,600 | 184,200 | |||
Total current assets: | 2,706,600 | 2,805,700 | 2,619,900 | 2,634,400 | 2,602,400 | 2,435,200 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 948,600 | 929,600 | 925,400 | 927,000 | 964,000 | 933,200 | |||
Intangible assets, net (including goodwill) | 154,900 | 160,000 | 164,700 | 170,500 | 180,900 | 212,000 | |||
Goodwill | 108,900 | 112,800 | 115,800 | 120,000 | 126,000 | 147,000 | |||
Intangible assets, net (excluding goodwill) | 46,000 | 47,200 | 48,900 | 50,500 | 54,900 | 65,000 | |||
Other noncurrent assets | 134,500 | 167,000 | 176,300 | 160,800 | 132,300 | 149,600 | |||
Deferred tax assets, net | 6,200 | 118,500 | |||||||
Other undisclosed noncurrent assets | 136,900 | 131,400 | 142,300 | 124,100 | 47,900 | ||||
Total noncurrent assets: | 1,381,100 | 1,388,000 | 1,408,700 | 1,382,400 | 1,395,700 | 1,342,700 | |||
TOTAL ASSETS: | 4,087,700 | 4,193,700 | 4,028,600 | 4,016,800 | 3,998,100 | 3,777,900 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 786,500 | 782,300 | 727,500 | 776,400 | 772,300 | 731,200 | |||
Interest and dividends payable | 76,000 | 76,600 | 77,600 | 77,700 | 77,800 | 83,000 | |||
Accounts payable | 515,800 | 474,800 | 456,300 | 473,900 | 481,500 | 450,100 | |||
Accrued liabilities | 194,700 | 230,900 | 193,600 | 224,800 | 213,000 | 198,100 | |||
Debt | 3,900 | 1,800 | 3,800 | 3,100 | 3,000 | 323,500 | |||
Deferred revenue and credits | 12,400 | 19,000 | 10,300 | 13,400 | 35,500 | 20,900 | |||
Other undisclosed current liabilities | 441,400 | 446,900 | 418,900 | 449,400 | 442,500 | 118,000 | |||
Total current liabilities: | 1,244,200 | 1,250,000 | 1,160,500 | 1,242,300 | 1,253,300 | 1,193,600 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 2,976,200 | 3,008,400 | 3,021,900 | 3,012,600 | 1,839,300 | ||||
Long-term debt, excluding current maturities | 2,976,200 | 3,008,400 | 3,021,900 | 3,012,600 | 1,839,300 | ||||
Liabilities, other than long-term debt | 339,400 | 374,000 | 365,600 | 354,300 | 363,600 | 352,800 | |||
Asset retirement obligations | 7,300 | ||||||||
Deferred tax liabilities, net | 6,200 | 5,600 | 6,100 | 6,600 | 8,700 | 10,300 | |||
Liability, pension and other postretirement and postemployment benefits | 104,200 | 137,700 | 149,400 | 138,300 | 132,400 | 136,500 | |||
Other liabilities | 229,000 | 230,700 | 210,100 | 209,400 | 215,200 | 206,000 | |||
Other undisclosed noncurrent liabilities | 2,973,700 | ||||||||
Total noncurrent liabilities: | 3,315,600 | 3,382,400 | 3,387,500 | 3,366,900 | 3,337,300 | 2,192,100 | |||
Total liabilities: | 4,559,800 | 4,632,400 | 4,548,000 | 4,609,200 | 4,590,600 | 3,385,700 | |||
Equity | |||||||||
Equity, attributable to parent | (512,700) | (478,500) | (562,100) | (635,400) | (632,300) | 351,500 | |||
Common stock | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 2,100 | |||
Treasury stock, value | (362,600) | (363,000) | (362,600) | (362,600) | (362,600) | (799,600) | |||
Additional paid in capital | (514,000) | (522,600) | (537,100) | (552,800) | (564,200) | (572,300) | |||
Accumulated other comprehensive loss | (411,400) | (377,000) | (374,100) | (354,200) | (347,800) | (305,100) | |||
Retained earnings | 773,400 | 782,200 | 709,800 | 632,300 | 640,400 | 2,026,400 | |||
Equity, attributable to noncontrolling interest | 40,600 | 39,800 | 42,700 | 43,000 | 39,800 | 40,700 | |||
Total equity: | (472,100) | (438,700) | (519,400) | (592,400) | (592,500) | 392,200 | |||
TOTAL LIABILITIES AND EQUITY: | 4,087,700 | 4,193,700 | 4,028,600 | 4,016,800 | 3,998,100 | 3,777,900 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | ||
---|---|---|---|---|---|---|---|---|
Revenues (Revenue, Net) | 901,600 | 937,500 | 941,500 | 962,100 | 967,000 | 977,500 | ||
Cost of revenue (Cost of Goods and Services Sold) | (326,500) | (333,700) | (333,200) | (347,600) | (358,600) | (346,800) | ||
Gross profit: | 575,100 | 603,800 | 608,300 | 614,500 | 608,400 | 630,700 | ||
Operating expenses | (193,400) | (213,100) | (233,100) | (224,300) | (260,600) | (242,400) | ||
Other operating income (expense), net | (8,800) | (200) | 5,200 | (88,300) | ||||
Operating income: | 372,900 | 390,500 | 380,400 | 301,900 | 347,800 | 388,300 | ||
Nonoperating income (expense) | 13,300 | (2,400) | (3,600) | |||||
Investment income, nonoperating | 13,300 | (3,200) | 1,200 | |||||
Gain (loss), foreign currency transaction, before tax | 500 | (4,900) | ||||||
Interest and debt expense | (30,400) | (29,800) | (29,500) | (29,000) | (24,900) | (16,800) | ||
Income from continuing operations before equity method investments, income taxes: | 355,800 | 360,700 | 350,900 | 272,900 | 320,500 | 367,900 | ||
Other undisclosed loss from continuing operations before income taxes | (156,300) | (158,800) | (162,900) | (149,000) | (147,200) | (156,700) | ||
Income from continuing operations before income taxes: | 199,500 | 201,900 | 188,000 | 123,900 | 173,300 | 211,200 | ||
Income tax expense | (31,300) | (53,300) | (32,200) | (47,200) | (42,300) | (56,600) | ||
Income from continuing operations: | 168,200 | 148,600 | 155,800 | 76,700 | 131,000 | 154,600 | ||
Income before gain (loss) on sale of properties: | 168,200 | 148,600 | 155,800 | 76,700 | 131,000 | 154,600 | ||
Net income: | 168,200 | 148,600 | 155,800 | 76,700 | 131,000 | 154,600 | ||
Net income (loss) attributable to noncontrolling interest | (400) | 700 | (700) | (4,000) | (3,000) | 600 | ||
Net income attributable to parent: | 167,800 | 149,300 | 155,100 | 72,700 | 128,000 | 155,200 | ||
Other undisclosed net loss available to common stockholders, basic | (800) | (600) | (600) | (300) | (300) | (500) | ||
Net income available to common stockholders, diluted: | 167,000 | 148,700 | 154,500 | 72,400 | 127,700 | 154,700 |
Comprehensive Income ($ in thousands)Annual | Quarterly
3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | ||
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Net income: | 168,200 | 148,600 | 155,800 | 76,700 | 131,000 | 154,600 | ||
Other comprehensive income (loss) | (34,000) | (2,900) | (20,000) | (7,200) | (45,600) | (49,400) | ||
Comprehensive income: | 134,200 | 145,700 | 135,800 | 69,500 | 85,400 | 105,200 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (800) | 700 | (600) | (3,200) | (100) | 300 | ||
Comprehensive income, net of tax, attributable to parent: | 133,400 | 146,400 | 135,200 | 66,300 | 85,300 | 105,500 |
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.