Sears Holdings Corp (SHLD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3333 BEVERLY ROAD HOFFMAN ESTATES, IL 60179 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5311 - Department Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | 1/31/2014 | 1/31/2013 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 286 | 238 | 250 | 1,028 | 609 | |||
| Cash and cash equivalent | 286 | 238 | 250 | 1,028 | 609 | |||
| Restricted cash and investments | 9 | |||||||
| Receivables | 466 | 419 | 429 | 553 | 635 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,034 | 7,558 | ||||||
| Inventory | 7,034 | 7,558 | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 454 | ||
| Other undisclosed current assets | 4,244 | 5,388 | 5,184 | 344 | ||||
| Total current assets: | 4,996 | 6,045 | 5,863 | 8,959 | 9,265 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 2,240 | 2,631 | 4,449 | 5,394 | 6,053 | |||
| Intangible assets, net (including goodwill) | 1,790 | 2,178 | 2,366 | 3,229 | 3,260 | |||
| Goodwill | 269 | 269 | 269 | 379 | 379 | |||
| Intangible assets, net (excluding goodwill) | 1,521 | 1,909 | 2,097 | 2,850 | 2,881 | |||
| Other noncurrent assets | 336 | 483 | 531 | 679 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 762 | ||
| Total noncurrent assets: | 4,366 | 5,292 | 7,346 | 9,302 | 10,075 | |||
| TOTAL ASSETS: | 9,362 | 11,337 | 13,209 | 18,261 | 19,340 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 1,387 | 1,858 | 2,001 | 2,956 | 3,241 | |||
| Taxes payable | 339 | 284 | 380 | 460 | 480 | |||
| Accounts payable | 1,048 | 1,574 | 1,621 | 2,496 | 2,761 | |||
| Debt | 590 | 868 | 690 | 1,415 | 1,177 | |||
| Other liabilities | 1,956 | 1,925 | 2,087 | 2,527 | 2,683 | |||
| Deferred revenue and credits | 748 | 787 | 818 | 900 | 931 | |||
| Deferred tax liabilities | 480 | 387 | 382 | |||||
| Total current liabilities: | 4,681 | 5,438 | 6,076 | 8,185 | 8,414 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 3,573 | 2,108 | 3,110 | 2,834 | 1,943 | |||
| Capital lease obligations | 103 | 137 | 210 | 276 | 364 | |||
| Other undisclosed long-term debt and lease obligation | 3,470 | 1,971 | 2,900 | 2,558 | 1,579 | |||
| Liabilities, other than long-term debt | 4,134 | 4,830 | 6,318 | 6,581 | 7,368 | |||
| Deferred revenue and credits | 739 | 836 | 843 | |||||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | 1,942 | 2,730 | ||
| Deferred tax liabilities, net | 743 | 893 | 715 | 1,109 | 955 | |||
| Liability, pension and other postretirement and postemployment benefits | 1,750 | 2,206 | 2,404 | ✕ | ✕ | |||
| Other liabilities | 1,641 | 1,731 | 1,849 | 2,008 | 2,126 | |||
| Self insurance reserve | 611 | 686 | 714 | |||||
| Other undisclosed noncurrent liabilities | 798 | 917 | (1,350) | (1,522) | (1,557) | |||
| Total noncurrent liabilities: | 8,505 | 7,855 | 8,078 | 7,893 | 7,754 | |||
| Total liabilities: | 13,186 | 13,293 | 14,154 | 16,078 | 16,168 | |||
| Equity | ||||||||
| Equity, attributable to parent | (3,824) | (1,963) | (951) | 1,739 | 2,755 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (5,891) | (5,928) | (5,949) | (5,963) | (5,970) | |||
| Additional paid in capital | 9,130 | 9,173 | 9,189 | 9,298 | 9,298 | |||
| Accumulated other comprehensive loss | (1,552) | (1,918) | (2,030) | (1,117) | (1,459) | |||
| Retained earnings (accumulated deficit) | (5,512) | (3,291) | (2,162) | (480) | 885 | |||
| Equity, attributable to noncontrolling interest | 7 | 6 | 444 | 417 | ||||
| Total equity: | (3,824) | (1,956) | (945) | 2,183 | 3,172 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,362 | 11,337 | 13,209 | 18,261 | 19,340 | |||
Income Statement (P&L) ($ in millions)
| 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | 1/31/2014 | 1/31/2013 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 22,138 | 25,146 | 31,198 | 36,188 | 39,854 | ||
| Cost of revenue | (17,048) | (19,235) | (24,049) | (27,433) | (29,340) | ||
| Cost of product and service sold | (24,049) | (27,433) | (29,340) | ||||
| Gross profit: | 5,090 | 5,911 | 7,149 | 8,755 | 10,514 | ||
| Operating expenses | (7,068) | (6,911) | (8,907) | (9,835) | (11,826) | ||
| Other undisclosed operating income | 250 | 153 | 474 | ||||
| Operating loss: | (1,978) | (1,000) | (1,508) | (927) | (838) | ||
| Nonoperating income (expense) | (13) | (62) | 206 | 209 | 95 | ||
| Investment income, nonoperating | (26) | (62) | 202 | 207 | 94 | ||
| Other nonoperating income | 13 | 4 | 2 | 1 | |||
| Interest and debt expense | (404) | (323) | (313) | (254) | (267) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (70) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (2,395) | (1,385) | (1,685) | (972) | (1,010) | ||
| Income from equity method investments | 37 | 185 | 47 | ||||
| Loss from continuing operations before income taxes: | (2,395) | (1,385) | (1,648) | (787) | (963) | ||
| Income tax expense (benefit) | 174 | 257 | (125) | (144) | (44) | ||
| Other undisclosed loss from continuing operations | (185) | (47) | |||||
| Loss from continuing operations: | (2,221) | (1,128) | (1,773) | (1,116) | (1,054) | ||
| Loss before gain (loss) on sale of properties: | (2,221) | (1,128) | (1,773) | (1,116) | (1,054) | ||
| Other undisclosed net loss | (37) | ||||||
| Net loss: | (2,221) | (1,128) | (1,810) | (1,116) | (1,054) | ||
| Net income (loss) attributable to noncontrolling interest | (1) | 128 | (249) | 124 | |||
| Net loss available to common stockholders, diluted: | (2,221) | (1,129) | (1,682) | (1,365) | (930) | ||
Comprehensive Income ($ in millions)
| 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | 1/31/2014 | 1/31/2013 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (2,221) | (1,128) | (1,810) | (1,116) | (1,054) | ||
| Other comprehensive income (loss) | 359 | 112 | (1,225) | 353 | 84 | ||
| Comprehensive income (loss): | (1,862) | (1,016) | (3,035) | (763) | (970) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 7 | (1) | 438 | 260 | (124) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (520) | 248 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,855) | (1,017) | (2,597) | (1,023) | (846) | ||
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.