Pentair plc. (PNR) Financial Statements (2023 and earlier)

Company Profile

Business Address REGAL HOUSE, 70 LONDON ROAD
LONDON, TW13QS
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 355 - Special Industry Machinery, Except Metalworking (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

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  8374113239126
Cash and cash equivalents  8374113239126
Receivables(9)(8)(10)(14)(23)(26)(104)
Inventory, net of allowances, customer advances and progress billings5634203773885815241,174
Inventory5634203773885815241,174
Contract with customer, asset  4137✕✕✕
Disposal group, including discontinued operation     892 
Other current assets1121069989223253312
Other undisclosed current assets6384584724668547901,271
Total current assets:1,3049751,0621,0391,7492,6722,781
Noncurrent Assets
Operating lease, right-of-use asset8584 ✕✕✕✕
Property, plant and equipment310301  546539943
Intangible assets, net (including goodwill)2,9332,7182,5982,3495,9105,8497,746
Goodwill2,5052,3922,2582,0734,3514,2175,255
Intangible assets, net (excluding goodwill)4283263392761,5581,6322,490
Regulated entity, other noncurrent assets    718 
Disposal group, including discontinued operation, noncurrent assets     2,293 
Deferred costs2623     
Other noncurrent assets  197146430182388
Other undisclosed noncurrent assets9797  (552)(556) 
Total noncurrent assets:3,4503,2222,7942,4956,3398,3249,076
Other undisclosed assets  283273546539 
TOTAL ASSETS:4,7544,1974,1403,8078,63411,53511,857
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5263627498191,1991,1141,486
Accounts payable386245325379496437579
Accrued liabilities  353328517512644
Employee-related liabilities14011771112187166263
Debt      1
Disposal group, including discontinued operation     356 
Other liabilities526410     
Other undisclosed current liabilities     1 
Total current liabilities:1,0527737498191,1991,4711,487
Noncurrent Liabilities
Long-term debt and lease obligation8948401,0297881,4414,2784,709
Long-term debt, excluding current maturities8948401,0297881,4414,2784,709
Liabilities, other than long-term debt3864793033649561,5311,652
Deferred tax liabilities, net✕✕✕106395610844
Deferred income tax liabilities90107 ✕✕✕✕
Liability, pension and other postretirement and postemployment benefits931029690286253287
Disposal group, including discontinued operation, liabilities     506 
Other liabilities203269207168275162521
Other undisclosed noncurrent liabilities  104    
Total noncurrent liabilities:1,2801,3181,4371,1522,3975,8096,362
Total liabilities:2,3322,0912,1861,9703,5967,2807,848
Stockholders' equity
Stockholders' equity attributable to parent2,4202,1051,9521,8345,0364,2534,007
Additional paid in capital1,5831,6811,7781,8942,7982,9212,860
Accumulated other comprehensive loss(214)(207)(227)(229)(243)(736)(645)
Retained earnings1,0516314011692,4822,0681,792
Other undisclosed stockholders' equity2222222
Total stockholders' equity:2,4222,1061,9541,8365,0384,2544,009
TOTAL LIABILITIES AND EQUITY:4,7544,1974,1403,8078,63411,53511,857

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,7653,0182,9572,9654,9374,8906,449
Revenue, net✕✕✕✕4,9374,8906,449
Cost of revenue
(Cost of Goods and Services Sold)		(2,446)(1,960)(1,906)(1,917)(3,107)(3,096)(4,263)
Gross profit:1,3191,0581,0521,0481,8291,7942,186
Operating expenses(682)(596)(619)(611)(1,148)(1,093)(2,009)
Operating income:637461433437681701177
Nonoperating income (expense)1(5)3 1086
Investment income, nonoperating    1086
Other nonoperating income (expense)1(5)3    
Interest and debt expense  (30)(50)(199)(148)(109)
Income from continuing operations before equity method investments, income taxes:63845640538749256175
Income from equity method investments    143
Other undisclosed income (loss) from continuing operations before income taxes(11)(24)2(7)(4)(4)(3)
Income from continuing operations before income taxes:62743240838048956174
Income tax expense(71)(75)(46)(58)(9)(109)(139)
Income (loss) from continuing operations:556357362322480452(65)
Income (loss) from discontinued operations 2(6)26870(10)
Income (loss) before gain (loss) on sale of properties:556359356347488522(75)
Other undisclosed net income (loss)(3)   1791(2)
Net income (loss) available to common stockholders, diluted:553359356347667522(76)

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):553359356347667522(76)
Other comprehensive income (loss)(7)19  493(91)(265)
Comprehensive income (loss):5463783563471,159431(341)
Other undisclosed comprehensive income, net of tax, attributable to parent  215   
Comprehensive income (loss), net of tax, attributable to parent:5463783583621,159431(341)

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.

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