Unisys Corporation (UIS) financial statements (2021 and earlier)
Company profile
| Business Address |
801 LAKEVIEW DRIVE, SUITE 100 BLUE BELL, PA 19422 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7373 - Computer Integrated Systems Design (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 539 | 605 | 734 | 371 | 365 | 494 | 640 | ||
| Cash and cash equivalents | 539 | 605 | 734 | 371 | 365 | 494 | 640 | ||
| Receivables | 598 | 604 | 503 | 506 | 582 | 619 | 683 | ||
| Inventory, net of allowances, customer advances and progress billings | 27 | 33 | |||||||
| Inventory | 27 | 33 | |||||||
| Prepaid expense | 141 | 139 | |||||||
| Contract with customer, asset | 53 | 30 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Costs in excess of billings | ✕ | ✕ | 109 | 98 | 94 | 100 | 125 | ||
| Other undisclosed current assets | 32 | 36 | 43 | 53 | 95 | (37) | (79) | ||
| Total current assets: | 1,221 | 1,301 | 1,390 | 1,027 | 1,136 | 1,317 | 1,541 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 5 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, right-of-use asset | 127 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 124 | 121 | 143 | 145 | 154 | 169 | 175 | ||
| Intangible assets, net (including goodwill) | 177 | 178 | 181 | 179 | 177 | 184 | 189 | ||
| Goodwill | 177 | 178 | 181 | 179 | 177 | 184 | 189 | ||
| Contract with customer, asset, net | 22 | 22 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Restricted cash and investments | 13 | 19 | 30 | ||||||
| Deferred income tax assets | 114 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 202 | 203 | 191 | 182 | 196 | 209 | 165 | ||
| Prepaid pension costs | ✕ | ✕ | ✕ | 20 | 84 | ||||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | 33 | 45 | ||||
| Other undisclosed noncurrent assets | 499 | 613 | 609 | 456 | 435 | 450 | 357 | ||
| Total noncurrent assets: | 1,283 | 1,156 | 1,153 | 994 | 1,008 | 1,031 | 969 | ||
| TOTAL ASSETS: | 2,504 | 2,458 | 2,542 | 2,022 | 2,143 | 2,349 | 2,510 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 252 | 269 | 242 | 189 | 219 | 564 | 454 | ||
| Accounts payable | 252 | 269 | 242 | 189 | 219 | 263 | 247 | ||
| Accrued liabilities | 75 | ||||||||
| Employee-related liabilities | 109 | 104 | |||||||
| Taxes payable | 112 | 103 | |||||||
| Interest and dividends payable | 5 | ||||||||
| Deferred revenue | 289 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 14 | 10 | 11 | 106 | 11 | 2 | |||
| Deferred revenue and credits | ✕ | ✕ | 328 | 337 | 335 | 348 | 402 | ||
| Contract with customer, liability | ✕ | 294 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 373 | 350 | 392 | 349 | 339 | 385 | 376 | ||
| Other undisclosed current liabilities | 66 | (302) | (207) | ||||||
| Total current liabilities: | 927 | 923 | 972 | 982 | 971 | 998 | 1,025 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 566 | 643 | 634 | 194 | 236 | 222 | 210 | ||
| Long-term debt, excluding current maturities | 210 | ||||||||
| Finance lease, liability | 4 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | 13 | 14 | ||||||
| Operating lease, liability | 84 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 479 | 643 | 634 | 194 | 223 | 208 | |||
| Liabilities, other than long-term debt | 2,155 | 2,191 | 2,263 | 2,493 | 2,316 | 2,581 | 1,939 | ||
| Deferred revenue and credits | ✕ | ✕ | 159 | 118 | 123 | 120 | 123 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,697 | ||
| Deferred revenue | 147 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | 157 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 1,960 | 1,957 | 2,004 | 2,293 | 2,111 | 2,370 | ✕ | ||
| Other liabilities | 48 | 77 | 100 | 83 | 81 | 92 | 119 | ||
| Other undisclosed noncurrent liabilities | 84 | ||||||||
| Total noncurrent liabilities: | 2,805 | 2,834 | 2,897 | 2,687 | 2,551 | 2,803 | 2,149 | ||
| Total liabilities: | 3,732 | 3,757 | 3,869 | 3,669 | 3,522 | 3,801 | 3,174 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (1,265) | (1,344) | (1,355) | (1,631) | (1,390) | (1,460) | (701) | ||
| Preferred stock | 250 | ||||||||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 0 | ||
| Treasury stock, value | (110) | (105) | (103) | (101) | (100) | (100) | (62) | ||
| Additional paid in capital | 4,643 | 4,540 | 4,526 | 4,515 | 4,501 | 4,488 | 4,228 | ||
| Accumulated other comprehensive loss | (4,089) | (4,085) | (3,816) | (4,153) | (3,945) | (4,113) | (3,333) | ||
| Accumulated deficit | (1,711) | (1,694) | (1,963) | (1,893) | (1,846) | (1,736) | (1,783) | ||
| Stockholders' equity attributable to noncontrolling interest | 37 | 44 | 28 | (16) | 11 | 8 | 37 | ||
| Total stockholders' equity: | (1,228) | (1,300) | (1,327) | (1,647) | (1,379) | (1,452) | (664) | ||
| TOTAL LIABILITIES AND EQUITY: | 2,504 | 2,458 | 2,542 | 2,022 | 2,143 | 2,349 | 2,510 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,949 | 2,825 | 2,742 | 2,821 | 3,015 | 3,356 | 3,457 | |
| Revenue, net | ✕ | ✕ | 2,328 | 2,406 | 2,606 | 2,888 | 2,996 | |
| Cost of revenue | (2,282) | (2,139) | (2,264) | (2,262) | (2,474) | (2,579) | (2,608) | |
| Cost of goods and services sold | (2,102) | (2,093) | (2,307) | (2,394) | (2,406) | |||
| Gross profit: | 666 | 686 | 478 | 559 | 541 | 778 | 848 | |
| Operating expenses | (428) | (402) | (474) | (511) | (596) | (683) | (691) | |
| Other operating income, net | 10 | |||||||
| Other undisclosed operating income | 61 | 53 | ||||||
| Operating income (loss): | 238 | 284 | 5 | 48 | (55) | 155 | 220 | |
| Nonoperating income (expense) | (136) | (77) | (24) | 0 | 8 | (7) | 20 | |
| Foreign currency transaction gain (loss), before tax | (7) | 10 | ||||||
| Other nonoperating income (expense) | (136) | (77) | (24) | 0 | 8 | (0) | 10 | |
| Interest and debt expense | (62) | (64) | (53) | (27) | (12) | (9) | (10) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 7 | (10) | ||||||
| Income (loss) from continuing operations before income taxes: | 40 | 143 | (72) | 21 | (59) | 146 | 219 | |
| Income tax expense (benefit) | (53) | (64) | 6 | (57) | (44) | (86) | (99) | |
| Net income (loss): | (13) | 79 | (67) | (37) | (103) | 59 | 120 | |
| Other undisclosed net income (loss) attributable to parent | (4) | (3) | 1 | (11) | (7) | (13) | (12) | |
| Net income (loss) attributable to parent: | (17) | 76 | (65) | (48) | (110) | 47 | 109 | |
| Preferred stock dividends and other adjustments | (3) | (16) | ||||||
| Net income (loss) available to common stockholders, basic: | (17) | 76 | (65) | (48) | (110) | 44 | 92 | |
| Interest on convertible debt | 20 | |||||||
| Net income (loss) available to common stockholders, diluted: | (17) | 95 | (65) | (48) | (110) | 44 | 92 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (13) | 79 | (67) | (37) | (103) | 59 | 120 | |
| Other comprehensive income (loss) | (15) | (48) | 383 | (246) | 165 | (823) | 814 | |
| Comprehensive income (loss): | (28) | 31 | 316 | (283) | 62 | (764) | 934 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 7 | (16) | (45) | 28 | (4) | 31 | 25 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (50) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (21) | 15 | 272 | (255) | 58 | (733) | 909 | |
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.