S&P Global Inc. (SPGI) Financial Statements (2024 and earlier)
Company Profile
Business Address |
55 WATER STREET NEW YORK, NY 10041 |
State of Incorp. | NY |
Fiscal Year End | December 31 |
Industry (SIC) | 732 - Consumer Credit Reporting Agencies, Mercantile (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,300 | 6,508 | 4,117 | 2,894 | 1,935 | 2,791 | |||
Cash and cash equivalents | 1,286 | 6,497 | 4,108 | 2,866 | 1,917 | 2,779 | |||
Short-term investments | 14 | 11 | 9 | 28 | 18 | 12 | |||
Restricted cash and investments | 1 | 8 | 14 | 20 | 41 | ||||
Receivables | 2,494 | 1,650 | 1,593 | 1,577 | 1,449 | 1,319 | |||
Deferred costs | 59 | 82 | |||||||
Disposal group, including discontinued operation | 5 | ||||||||
Asset, held-for-sale, not part of disposal group | 1,298 | ||||||||
Other current assets | 221 | 197 | |||||||
Other undisclosed current assets | 574 | 644 | 205 | (18) | 127 | ||||
Total current assets: | 5,667 | 8,810 | 5,988 | 4,712 | 3,604 | 4,324 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 423 | 426 | 494 | 676 | ✕ | ✕ | |||
Property, plant and equipment | 297 | 241 | 284 | 320 | 270 | 275 | |||
Long-term investments and receivables | 1,752 | ||||||||
Long-term investments | 1,752 | ||||||||
Intangible assets, net (including goodwill) | 52,851 | 4,791 | 5,087 | 4,999 | 5,059 | 4,377 | |||
Goodwill | 34,545 | 3,506 | 3,735 | 3,575 | 3,535 | 2,989 | |||
Intangible assets, net (excluding goodwill) | 18,306 | 1,285 | 1,352 | 1,424 | 1,524 | 1,388 | |||
Other noncurrent assets | 562 | 399 | 684 | 641 | 525 | 449 | |||
Other undisclosed noncurrent assets | 232 | 359 | |||||||
Total noncurrent assets: | 56,117 | 6,216 | 6,549 | 6,636 | 5,854 | 5,101 | |||
TOTAL ASSETS: | 61,784 | 15,026 | 12,537 | 11,348 | 9,458 | 9,425 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,319 | 902 | 868 | 704 | 638 | 851 | |||
Taxes payable | ✕ | ✕ | 90 | 84 | 68 | 72 | 77 | ||
Employee-related liabilities | ✕ | ✕ | 607 | 551 | 446 | 354 | 472 | ||
Accounts payable | 450 | 205 | 233 | 190 | 211 | 195 | |||
Accrued liabilities | 869 | 1 | 107 | ||||||
Deferred revenue | 3,126 | 2,217 | 2,168 | 1,928 | ✕ | ✕ | |||
Debt | 226 | 399 | |||||||
Disposal group, including discontinued operation | 234 | 149 | |||||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,613 | ||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 1,641 | ✕ | ||
Other liabilities | 1,094 | 547 | 551 | 461 | 350 | 351 | |||
Total current liabilities: | 5,999 | 3,815 | 3,587 | 3,093 | 2,629 | 3,214 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 10,730 | 4,606 | 4,654 | 4,568 | 3,662 | 3,170 | |||
Long-term debt, excluding current maturities | 10,730 | 4,114 | 4,110 | 3,948 | 3,662 | 3,170 | |||
Liabilities, other than long-term debt | 5,311 | 1,069 | 944 | 883 | 863 | 923 | |||
Deferred income tax liabilities | 4,065 | ✕ | ✕ | ||||||
Liability, pension and other postretirement and postemployment benefits | 180 | 262 | 291 | 259 | 229 | 244 | |||
Other liabilities | 489 | 807 | 653 | 624 | 634 | 679 | |||
Operating lease, liability | 577 | 492 | 544 | 620 | ✕ | ✕ | |||
Total noncurrent liabilities: | 16,041 | 5,675 | 5,598 | 5,451 | 4,525 | 4,093 | |||
Total liabilities: | 22,040 | 9,490 | 9,185 | 8,544 | 7,154 | 7,307 | |||
Temporary equity, carrying amount | 3,267 | 3,429 | 2,781 | 2,268 | 1,620 | 1,350 | |||
Equity | |||||||||
Equity, attributable to parent | 36,388 | 2,032 | 509 | 479 | 628 | 711 | |||
Common stock | 415 | 294 | 294 | 294 | 294 | 412 | |||
Treasury stock, value | (25,347) | (13,469) | (13,461) | (12,299) | (11,041) | (9,602) | |||
Additional paid in capital | 44,422 | 1,031 | 946 | 903 | 833 | 525 | |||
Accumulated other comprehensive loss | (886) | (841) | (637) | (624) | (742) | (649) | |||
Retained earnings | 17,784 | 15,017 | 13,367 | 12,205 | 11,284 | 10,025 | |||
Equity, attributable to noncontrolling interest | 89 | 75 | 62 | 57 | 56 | 57 | |||
Total equity: | 36,477 | 2,107 | 571 | 536 | 684 | 768 | |||
TOTAL LIABILITIES AND EQUITY: | 61,784 | 15,026 | 12,537 | 11,348 | 9,458 | 9,425 |
Income Statement (P&L) ($ in millions)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Revenues | 11,181 | 8,297 | 7,442 | 6,699 | 6,258 | 6,063 | ||
Cost of revenue | (3,766) | (2,195) | (2,092) | (1,801) | (1,701) | (1,713) | ||
Gross profit: | 7,415 | 6,102 | 5,350 | 4,898 | 4,557 | 4,350 | ||
Operating expenses | (2,390) | (1,799) | (1,650) | (3,468) | (3,453) | |||
Other undisclosed operating income (loss) | (81) | (82) | (83) | (1,672) | 1,701 | 1,713 | ||
Operating income: | 4,944 | 4,221 | 3,617 | 3,226 | 2,790 | 2,610 | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 70 | 62 | 31 | (98) | 25 | |||
Interest and debt expense | (312) | (119) | (420) | (198) | (134) | (149) | ||
Income from continuing operations before equity method investments, income taxes: | 4,702 | 4,164 | 3,228 | 2,930 | 2,681 | 2,461 | ||
Other undisclosed income from continuing operations before income taxes | ||||||||
Income from continuing operations before income taxes: | 4,702 | 4,164 | 3,228 | 2,930 | 2,681 | 2,461 | ||
Income tax expense | (1,180) | (901) | (694) | (627) | (560) | (823) | ||
Income from continuing operations: | 3,522 | 3,263 | 2,534 | 2,303 | 2,121 | 1,638 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | 3,263 | 2,536 | 2,303 | 2,121 | 1,638 | |
Income from discontinued operations | 2 | |||||||
Other undisclosed net loss | (2) | |||||||
Net income: | 3,522 | 3,263 | 2,534 | 2,303 | 2,121 | 1,638 | ||
Net income attributable to noncontrolling interest | ||||||||
Other undisclosed net loss attributable to parent | (274) | (239) | (195) | (180) | (163) | (142) | ||
Net income available to common stockholders, diluted: | 3,248 | 3,024 | 2,339 | 2,123 | 1,958 | 1,496 |
Comprehensive Income ($ in millions)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income: | 3,522 | 3,263 | 2,534 | 2,303 | 2,121 | 1,638 | ||
Other comprehensive income (loss) | (45) | (204) | (25) | 120 | (105) | 124 | ||
Other undisclosed comprehensive income (loss) | 12 | (2) | 2 | |||||
Comprehensive income: | 3,477 | 3,059 | 2,521 | 2,421 | 2,018 | 1,762 | ||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (274) | (239) | (195) | (180) | (163) | (142) | ||
Comprehensive income, net of tax, attributable to parent: | 3,203 | 2,820 | 2,326 | 2,241 | 1,855 | 1,620 |
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.