S&P Global Inc. (SPGI) financial statements (2021 and earlier)
Company profile
| Business Address |
55 WATER STREET NEW YORK, NY 10041 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| SIC | 732 - Consumer Credit Reporting Agencies, Mercantile (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,117 | 3,148 | 2,667 | 1,932 | 2,894 | 1,996 | 1,881 | ||
| Cash and cash equivalents | 4,108 | 3,148 | 2,667 | 1,932 | 2,866 | 1,996 | 1,881 | ||
| Short-term investments | 9 | 28 | |||||||
| Restricted cash and investments | 14 | 20 | 17 | 20 | 20 | 23 | 39 | ||
| Receivables | 1,593 | 1,427 | 1,557 | 1,504 | 1,577 | 1,486 | 1,543 | ||
| Deferred costs | 59 | ||||||||
| Other current assets | 221 | ||||||||
| Other undisclosed current assets | 205 | 246 | 218 | 239 | 217 | 231 | |||
| Total current assets: | 5,988 | 4,841 | 4,459 | 3,695 | 4,712 | 3,722 | 3,694 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 494 | 610 | 626 | 652 | 676 | 660 | 669 | ||
| Property, plant and equipment | 284 | 298 | 299 | 309 | 320 | 298 | 280 | ||
| Intangible assets, net (including goodwill) | 5,087 | 5,091 | 5,107 | 5,142 | 4,999 | 4,942 | 4,972 | ||
| Goodwill | 3,735 | 3,715 | 3,700 | 3,703 | 3,575 | 3,515 | 3,519 | ||
| Intangible assets, net (excluding goodwill) | 1,352 | 1,376 | 1,407 | 1,439 | 1,424 | 1,427 | 1,453 | ||
| Other noncurrent assets | 684 | 612 | 614 | 665 | 641 | 566 | 570 | ||
| Total noncurrent assets: | 6,549 | 6,611 | 6,646 | 6,768 | 6,636 | 6,466 | 6,491 | ||
| TOTAL ASSETS: | 12,537 | 11,452 | 11,105 | 10,463 | 11,348 | 10,188 | 10,185 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 868 | 657 | 755 | 585 | 704 | 629 | 571 | ||
| Accounts payable | 233 | 186 | 186 | 203 | 190 | 188 | 214 | ||
| Employee-related liabilities | 551 | 392 | 295 | 222 | 446 | 327 | 269 | ||
| Taxes payable | 84 | 79 | 274 | 160 | 68 | 114 | 88 | ||
| Deferred revenue | 2,168 | 1,720 | 1,850 | 1,897 | 1,928 | 1,614 | 1,709 | ||
| Debt | 699 | ||||||||
| Other liabilities | 551 | 438 | 435 | 501 | 461 | 431 | 419 | ||
| Total current liabilities: | 3,587 | 2,815 | 3,040 | 2,983 | 3,093 | 3,373 | 2,699 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4,654 | 4,673 | 4,528 | 4,552 | 4,568 | 3,581 | 4,285 | ||
| Long-term debt, excluding current maturities | 4,110 | 4,110 | 3,950 | 3,949 | 3,948 | 2,966 | 3,664 | ||
| Operating lease, liability | 544 | 563 | 578 | 603 | 620 | 615 | 621 | ||
| Liabilities, other than long-term debt | 944 | 955 | 866 | 854 | 883 | 807 | 741 | ||
| Liability, pension and other postretirement and postemployment benefits | 291 | 262 | 260 | 258 | 259 | 226 | 230 | ||
| Other liabilities | 653 | 693 | 606 | 596 | 624 | 581 | 511 | ||
| Total noncurrent liabilities: | 5,598 | 5,628 | 5,394 | 5,406 | 5,451 | 4,388 | 5,026 | ||
| Total liabilities: | 9,185 | 8,443 | 8,434 | 8,389 | 8,544 | 7,761 | 7,725 | ||
| Temporary equity, carrying amount | 2,781 | 2,511 | 2,403 | 2,268 | 2,268 | 2,025 | 1,890 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 509 | 442 | 210 | (250) | 479 | 346 | 512 | ||
| Common stock | 294 | 294 | 294 | 294 | 294 | 294 | 294 | ||
| Treasury stock, value | (13,461) | (13,460) | (13,331) | (13,329) | (12,299) | (12,153) | (11,631) | ||
| Additional paid in capital | 946 | 917 | 762 | 754 | 903 | 835 | 790 | ||
| Accumulated other comprehensive loss | (637) | (677) | (704) | (660) | (624) | (684) | (651) | ||
| Retained earnings | 13,367 | 13,368 | 13,189 | 12,691 | 12,205 | 12,054 | 11,710 | ||
| Stockholders' equity attributable to noncontrolling interest | 62 | 56 | 58 | 56 | 57 | 56 | 58 | ||
| Total stockholders' equity: | 571 | 498 | 268 | (194) | 536 | 402 | 570 | ||
| TOTAL LIABILITIES AND EQUITY: | 12,537 | 11,452 | 11,105 | 10,463 | 11,348 | 10,188 | 10,185 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,867 | 1,846 | 1,943 | 1,786 | 1,735 | 1,689 | 1,704 | |
| Cost of revenue | (559) | (519) | (493) | (521) | (464) | (438) | (452) | |
| Gross profit: | 1,308 | 1,327 | 1,450 | 1,265 | 1,271 | 1,251 | 1,252 | |
| Operating expenses | (628) | (363) | (326) | (333) | 1,158 | (340) | (418) | |
| Other undisclosed operating loss | (23) | (20) | (19) | (20) | (1,611) | (20) | (21) | |
| Operating income: | 657 | 944 | 1,105 | 912 | 818 | 891 | 813 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 15 | 6 | 10 | (1) | 6 | (8) | 6 | |
| Interest and debt expense | (141) | (279) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (198) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 531 | 671 | 1,115 | 911 | 626 | 883 | 819 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 109 | (35) | (40) | (34) | 105 | (32) | (37) | |
| Income from continuing operations before income taxes: | 640 | 636 | 1,075 | 877 | 731 | 851 | 782 | |
| Income tax expense | (135) | (138) | (233) | (188) | (145) | (189) | (180) | |
| Income from continuing operations: | 505 | 498 | 842 | 689 | 586 | 662 | 602 | |
| Other undisclosed income before gain (loss) on sale of properties | 2 | |||||||
| Income before gain (loss) on sale of properties: | 507 | 498 | 842 | 689 | 586 | 662 | 602 | |
| Other undisclosed net loss | (2) | |||||||
| Net income: | 505 | 498 | 842 | 689 | 586 | 662 | 602 | |
| Net income (loss) attributable to noncontrolling interest | 144 | (43) | (50) | (50) | 135 | (45) | (47) | |
| Other undisclosed net loss attributable to parent | (195) | (180) | ||||||
| Net income available to common stockholders, diluted: | 454 | 455 | 792 | 639 | 541 | 617 | 555 | |
Comprehensive Income ($ in millions)
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 505 | 498 | 842 | 689 | 586 | 662 | 602 | |
| Other comprehensive income (loss) | 28 | 27 | (44) | (36) | 62 | (34) | (18) | |
| Other undisclosed comprehensive income (loss) | 12 | (2) | ||||||
| Comprehensive income: | 545 | 525 | 798 | 653 | 646 | 628 | 584 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (43) | (50) | (50) | (45) | (47) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (51) | (45) | ||||||
| Comprehensive income, net of tax, attributable to parent: | 494 | 482 | 748 | 603 | 601 | 583 | 537 | |
Statements sources
The financial statements are based on the company's filings with the 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.