Reynolds American Inc (RAI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
401 NORTH MAIN ST WINSTON SALEM, NC 27102 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2111 - Cigarettes (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 2,051 | 2,716 | 966 | 1,500 | 2,502 | |||
| Cash and cash equivalents | 2,051 | 2,567 | 966 | 1,500 | 2,502 | |||
| Short-term investments | 149 | |||||||
| Receivables | 179 | 106 | 157 | 215 | 199 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,645 | 1,734 | 1,281 | 1,127 | 984 | |||
| Inventory | 1,645 | 1,734 | 1,281 | 1,127 | 984 | |||
| Other current assets | 353 | 564 | ✕ | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 219 | ||
| Other undisclosed current assets | 10 | 1,067 | 919 | 813 | 908 | |||
| Total current assets: | 4,238 | 6,187 | 3,323 | 3,655 | 4,812 | |||
| Noncurrent Assets | ||||||||
| Inventory, Noncurrent | 1,125 | 1,049 | 919 | |||||
| Property, plant and equipment | 1,348 | 1,255 | 1,203 | 1,074 | 1,037 | |||
| Long-term investments and receivables | 2 | 4 | ||||||
| Long-term investments | 2 | 4 | ||||||
| Intangible assets, net (including goodwill) | 45,436 | 45,460 | 10,437 | 10,428 | 10,466 | |||
| Goodwill | 15,992 | 15,993 | 8,016 | 8,011 | 8,011 | |||
| Intangible assets, net (excluding goodwill) | 29,444 | 29,467 | 2,421 | 2,417 | 2,455 | |||
| Other noncurrent assets | 73 | 322 | 233 | 245 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 242 | ||
| Other undisclosed noncurrent assets | (1,127) | (1,053) | (919) | |||||
| Total noncurrent assets: | 46,857 | 47,037 | 11,873 | 11,747 | 11,745 | |||
| TOTAL ASSETS: | 51,095 | 53,224 | 15,196 | 15,402 | 16,557 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 877 | 693 | 837 | 521 | 465 | |||
| Interest and dividends payable | 656 | 514 | 356 | |||||
| Taxes payable | 161 | 157 | 149 | |||||
| Employee-related liabilities | 178 | 179 | 129 | |||||
| Accounts payable | 221 | 179 | 142 | 185 | 187 | |||
| Debt | 501 | 506 | 450 | 60 | ||||
| Restructuring reserve | 32 | ✕ | ✕ | |||||
| Other liabilities | 1,036 | 1,234 | 1,100 | 1,116 | 990 | |||
| Deferred revenue and credits | 66 | 33 | 32 | 48 | 42 | |||
| Due to related parties | 7 | 9 | 1 | 1 | ||||
| Other undisclosed current liabilities | 2,498 | 2,816 | 1,092 | 1,391 | 2,211 | |||
| Total current liabilities: | 4,985 | 5,291 | 3,544 | 3,076 | 3,769 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 12,664 | 16,941 | 4,633 | 5,099 | 5,035 | |||
| Long-term debt, excluding current maturities | 12,664 | 16,941 | 4,633 | 5,099 | 5,035 | |||
| Liabilities, other than long-term debt | 11,735 | 12,740 | 2,505 | 2,098 | 2,552 | |||
| Deferred revenue and credits | 39 | |||||||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | 1,221 | 1,821 | ||
| Deferred tax liabilities, net | 9,607 | 10,236 | 383 | 658 | 461 | |||
| Liability, pension and other postretirement and postemployment benefits | 1,869 | 2,265 | 1,997 | ✕ | ✕ | |||
| Restructuring reserve | 8 | 38 | 56 | |||||
| Other liabilities | 220 | 239 | 117 | 181 | 214 | |||
| Other undisclosed noncurrent liabilities | (8) | (38) | (56) | |||||
| Total noncurrent liabilities: | 24,399 | 29,681 | 7,130 | 7,159 | 7,531 | |||
| Total liabilities: | 29,384 | 34,972 | 10,674 | 10,235 | 11,300 | |||
| Equity | ||||||||
| Equity, attributable to parent | 21,711 | 18,252 | 4,522 | 5,167 | 5,257 | |||
| Additional paid in capital | 18,285 | 18,402 | 6,200 | 6,571 | 7,275 | |||
| Accumulated other comprehensive loss | (314) | (338) | (364) | (56) | (311) | |||
| Retained earnings (accumulated deficit) | 3,740 | 188 | (1,314) | (1,348) | (1,707) | |||
| Total equity: | 21,711 | 18,252 | 4,522 | 5,167 | 5,257 | |||
| TOTAL LIABILITIES AND EQUITY: | 51,095 | 53,224 | 15,196 | 15,402 | 16,557 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 12,503 | 10,675 | 8,448 | 8,236 | 8,304 | ||
| Revenue, net | 12,503 | 10,675 | 8,471 | 8,236 | 8,304 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (4,343) | (4,688) | (7,683) | (7,408) | (8,244) | ||
| Gross profit: | 8,160 | 5,987 | 765 | 828 | 60 | ||
| Operating expenses | (23) | (2,116) | (1,985) | (1,522) | (1,863) | ||
| Other undisclosed operating income | 2,432 | 3,082 | 3,751 | 3,826 | 4,017 | ||
| Operating income: | 10,569 | 6,953 | 2,531 | 3,132 | 2,214 | ||
| Nonoperating income (expense) | (252) | 1 | 17 | (167) | (27) | ||
| Investment income, nonoperating | 8 | 6 | 3 | (30) | 7 | ||
| Other nonoperating income (expense) | (260) | (5) | 14 | (137) | (34) | ||
| Interest and debt expense | (626) | (570) | (286) | (259) | (234) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 35 | ||||||
| Income from continuing operations before income taxes: | 9,691 | 6,384 | 2,262 | 2,741 | 1,953 | ||
| Income tax expense | (3,618) | (3,131) | (817) | (1,023) | (681) | ||
| Income from continuing operations: | 6,073 | 3,253 | 1,445 | 1,718 | 1,272 | ||
| Income before gain (loss) on sale of properties: | 6,073 | 3,278 | 1,470 | 1,718 | 1,272 | ||
| Income from discontinued operations | 25 | 25 | |||||
| Net income: | 6,073 | 3,278 | 1,470 | 1,718 | 1,272 | ||
| Other undisclosed net loss attributable to parent | (25) | ||||||
| Net income available to common stockholders, diluted: | 6,073 | 3,253 | 1,470 | 1,718 | 1,272 | ||
Comprehensive Income ($ in millions)
| 6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 6,073 | 3,278 | 1,470 | 1,718 | 1,272 | ||
| Other comprehensive income (loss) | 24 | 26 | (308) | 255 | |||
| Other undisclosed comprehensive income (loss) | (25) | 71 | |||||
| Comprehensive income, net of tax, attributable to parent: | 6,097 | 3,279 | 1,162 | 1,973 | 1,343 | ||
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.