Southwestern Energy Company (SWN) financial statements (2021 and earlier)

Company profile

Business Address 10000 ENERGY DRIVE
SPRING, TX 77389
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (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 investments1395105529155
Cash and cash equivalents1395105529155
Receivables368239250292345323358
Derivative instruments and hedges, assets241238466627278239209
Other current assets49   51  
Other undisclosed current assets 414448 4242
Total current assets:671613770972679633764
Noncurrent Assets
Property, plant and equipment4,1113,2223,4263,9165,2675,1995,099
Regulated entity, other noncurrent assets20      
Other noncurrent assets378    766682
Deferred tax assets, net410
Other undisclosed noncurrent assets(20)322359387771 (410)
Total noncurrent assets:4,4893,5443,7854,3036,0385,9655,781
TOTAL ASSETS:5,1604,1574,5555,2756,7176,5986,545
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:705519522571525651690
Accounts payable573416426465525539585
Taxes payable74474852595552
Interest and dividends payable58564854515753
Other undisclosed accounts payable and accrued liabilities    (110)  
Debt  3432345252
Derivative instruments and hedges, liabilities2452872822681258567
Asset retirement obligation4   6  
Other liabilities20   54  
Other undisclosed current liabilities3863374310492103
Total current liabilities:1,012869875914848880912
Noncurrent Liabilities
Long-term debt and lease obligation3,2672,5572,5532,3932,3612,2192,267
Long-term debt, excluding current maturities3,1502,4502,4402,2792,2422,2192,267
Operating lease, liability117107113114119  
Liabilities, other than long-term debt384347304267262364284
Liability, pension and other postretirement and postemployment benefits45353740433939
Other liabilities156124267227219325245
Derivative instruments and hedges, liabilities183188     
Total noncurrent liabilities:3,6512,9042,8572,6602,6232,5832,551
Total liabilities:4,6633,7733,7323,5743,4713,4633,463
Stockholders' equity
Stockholders' equity attributable to parent4973848231,7013,2463,1353,082
Common stock7766666
Treasury stock, value(202)(202)(202)(202)(202)(202)(202)
Additional paid in capital5,0934,8824,7304,7284,7264,7234,720
Accumulated other comprehensive loss(38)(32)(33)(33)(33)(31)(32)
Accumulated deficit(4,363)(4,271)(3,678)(2,798)(1,251)(1,361)(1,410)
Total stockholders' equity:4973848231,7013,2463,1353,082
TOTAL LIABILITIES AND EQUITY:5,1604,1574,5555,2756,7176,5986,545

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
Revenues779527410592745636667
Cost of revenue(378)(311)(295)(374)(428)(428)(431)
Gross profit:401216115218317208236
Operating expenses(645)(597)(871)(1,708)(253)(237)(214)
Operating income (loss):(244)(381)(756)(1,490)64(29)22
Nonoperating income (expense)184(190)(109)3405498146
Investment income, nonoperating186(192)(109)33954100152
Interest and debt expense(31)(22)(15)9(18)(10)(15)
Income (loss) from continuing operations before income taxes:(91)(593)(880)(1,141)10059153
Income tax expense (benefit)(1)  (406)10(10)(15)
Net income (loss) available to common stockholders, diluted:(92)(593)(880)(1,547)11049138

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 (loss):(92)(593)(880)(1,547)11049138
Other comprehensive income (loss)(2)1  (8)14
Comprehensive income (loss):(94)(592)(880)(1,547)10250142
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(4)   6  
Comprehensive income (loss), net of tax, attributable to parent:(98)(592)(880)(1,547)10850142

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.

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