Synchrony Financial (SYF) financial statements (2021 and earlier)

Company profile

Business Address 777 LONG RIDGE ROAD
STAMFORD, CT 06902-1250
State of Incorp. NY
Fiscal Year End December 31
SIC 6199 - Finance Services (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 investments11,52413,55216,34413,70412,14711,46111,755
Cash and cash equivalents11,52413,55216,34413,70412,14711,46111,755
Total current assets:11,52413,55216,34413,70412,14711,46111,755
Noncurrent Assets
Intangible assets, net (including goodwill)2,2032,1692,2442,2862,3432,2552,293
Goodwill1,0781,0781,0781,0781,0781,0781,078
Intangible assets, net (excluding goodwill)1,1251,0911,1661,2081,2651,1771,215
Total noncurrent assets:2,2032,1692,2442,2862,3432,2552,293
Other undisclosed assets82,22179,93777,95682,04890,33692,22792,340
TOTAL ASSETS:95,94895,65896,54498,038104,826105,943106,388
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities83,24783,55984,64586,06889,73890,82391,654
Total liabilities:83,24783,55984,64586,06889,73890,82391,654
Stockholders' equity
Stockholders' equity attributable to parent, including:12,70112,09911,89911,97015,08815,12014,734
Preferred stock734734734734734  
Common stock1111111
Treasury stock, value(8,174)(8,181)(8,183)(8,199)(7,243)(5,890)(5,351)
Additional paid in capital9,5709,5529,5329,5239,5379,5209,500
Accumulated other comprehensive income (loss)3(31)(37)(16)(25)(30)(32)
Retained earnings10,62110,0249,8529,96012,11711,53310,627
Other undisclosed stockholders' equity attributable to parent(54)  (33)(33)(14)(11)
Total stockholders' equity:12,70112,09911,89911,97015,08815,12014,734
TOTAL LIABILITIES AND EQUITY:95,94895,65896,54498,038104,826105,943106,388

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
(Net Investment Income)
3,9933,8373,8304,4074,5854,9814,738
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(750)(1,210)(1,673)(1,677)(1,104)(1,019)(1,198)
Gross profit:3,2432,6272,1572,7303,4813,9623,540
Operating expenses(314)(312)(305)(320)(321)(332)(354)
Other operating income, net
(Noninterest Income, Other Operating Income)
27462625292719
Operating income:2,9562,3611,8782,4353,1893,6573,205
Interest and debt expense(334)(380)(434)(517)(556)(592)(583)
Income from continuing operations before equity method investments, income taxes:2,6221,9811,4441,9182,6333,0652,622
Other undisclosed loss from continuing operations before income taxes(1,678)(1,569)(1,385)(1,536)(1,712)(1,690)(1,493)
Income from continuing operations before income taxes:944412593829211,3751,129
Income tax expense(206)(99)(11)(96)(190)(319)(276)
Net income attributable to parent:738313482867311,056853
Preferred stock dividends and other adjustments(10)(10)(11)(11)   
Net income available to common stockholders, diluted:728303372757311,056853

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:738313482867311,056853
Comprehensive income:738313482867311,056853
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(20)6129(14)(1)13
Comprehensive income, net of tax, attributable to parent:718319602957171,055866

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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