J.M. Smucker Company (The) New (SJM) Financial Statements (2023 and earlier)

Company Profile

Business Address ONE STRAWBERRY LANE
ORRVILLE, OH 44667
State of Incorp. OH
Fiscal Year End April 30
Industry (SIC) 2033 - Canned Fruits, Vegetables, Preserves, Jams, and Jellies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

1/31/2023
Q3
10/31/2022
Q2
7/31/2022
Q1
4/30/2022
Q4
1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
ASSETS
Current Assets
Receivables534610605525563659566
Inventory, net of allowances, customer advances and progress billings1,2421,3581,3131,0891,0421,1001,106
Inventory1,2421,3581,3131,0891,0421,1001,106
Other current assets1482562182269994113
Other undisclosed current assets10427152170284155169
Total current assets:2,0282,2512,2882,0101,9882,0091,953
Noncurrent Assets
Property, plant and equipment2,2742,1992,1392,1321,9962,0151,988
Other noncurrent assets11,71511,77011,85011,91311,98312,21712,270
Total noncurrent assets:13,99013,96813,98914,04513,97814,23214,259
TOTAL ASSETS:16,01816,21916,27716,05515,96616,24116,212
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4461,4531,4441,5841,2151,2411,236
Interest and dividends payable105   
Employee-related liabilities92   
Accounts payable1,2311,2611,2431,1931,0071,0311,041
Accrued liabilities215193201194208210195
Debt1303389181943201,118
Other liabilities260268306149316289368
Other undisclosed current liabilities33353839404141
Total current liabilities:1,7412,0602,1771,9531,6651,8912,763
Noncurrent Liabilities
Long-term debt and lease obligation4,3134,3724,3804,3874,3944,4033,621
Long-term debt, excluding current maturities4,3134,3124,3124,3114,3104,3093,518
Liabilities, other than long-term debt1,6291,5711,5751,5751,6411,6611,657
Deferred income tax liabilities1,3241,3271,3271,3261,3351,3521,349
Liability, pension and other postretirement and postemployment benefits   169   
Other liabilities24924424980307309308
Operating lease, liability565968768494104
Total noncurrent liabilities:5,9425,9425,9555,9626,0356,0645,278
Total liabilities:7,6838,0028,1327,9157,7007,9548,041
Equity
Equity, attributable to parent, including:8,3358,2178,1448,1408,2678,2868,170
Additional paid in capital5,4695,4625,4585,4585,5545,5375,531
Accumulated other comprehensive loss(237)(247)(233)(237)(269)(271)(282)
Retained earnings3,0762,9762,8932,8932,9562,9932,894
Other undisclosed equity, attributable to parent27272727272727
Total equity:8,3358,2178,1448,1408,2678,2868,170
TOTAL LIABILITIES AND EQUITY:16,01816,21916,27716,05515,96616,24116,212

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

1/31/2023
Q3
10/31/2022
Q2
7/31/2022
Q1
4/30/2022
Q4
1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
Revenues2,2162,2051,8732,0342,0572,0501,858
Cost of revenue
(Cost of Goods and Services Sold)
(1,461)(1,504)(1,321)(1,367)(1,374)(1,339)(1,219)
Gross profit:756701553667683712639
Operating expenses(437)(411)(401)(413)(544)(404)(381)
Other operating income (expense), net(1)328481151
Operating income:318293180302151312259
Nonoperating income (expense)11(15)(7)(56)2386
Investment income, nonoperating15(15)(8)(52)241117
Other nonoperating income (expense)(5)(1)1(4)(2)(3)(11)
Interest and debt expense(0)    (0)(7)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (53)
Income from continuing operations before equity method investments, income taxes:329278173246173320205
Other undisclosed income (loss) from continuing operations before income taxes(53)(25)(32)14(64)(51) 
Income from continuing operations before income taxes:275253141260110269205
Income tax expense(67)(62)(31)(58)(40)(63)(51)
Income from continuing operations:20919111020270206154
Income before gain (loss) on sale of properties:19111020270206154
Net income available to common stockholders, basic:20919111020270206154
Other undisclosed net income (loss) available to common stockholders, diluted   1(0)(1)(1)
Net income available to common stockholders, diluted:20919111020370205153

Comprehensive Income ($ in millions)

1/31/2023
Q3
10/31/2022
Q2
7/31/2022
Q1
4/30/2022
Q4
1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
Net income:20919111020270206154
Other undisclosed comprehensive income   2   
Comprehensive income:20919111020570206154
Other undisclosed comprehensive income (loss), net of tax, attributable to parent10(14)430111(4)
Comprehensive income, net of tax, attributable to parent:21917711423471217150

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: