Advance Auto Parts Inc (AAP) financial statements (2020 and earlier)

Company profile

Business Address 2635 EAST MILLBROOK ROAD
RALEIGH, NC 27604
State of Incorp. DE
Fiscal Year End December 31
SIC 5531 - Auto and Home Supply Stores (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 investments419897547135911051,112
Cash and cash equivalents419897547135911051,112
Receivables689625606641598580278
Inventory, net of allowances, customer advances and progress billings4,4324,3634,1684,3264,1753,9372,557
Inventory4,4324,3634,1684,3264,1753,9372,557
Deferred tax assets     (135)
Other current assets155198105707712043
Other undisclosed current assets      135
Total current assets:5,6966,0825,4275,1734,9414,7413,989
Noncurrent Assets
Operating lease, right-of-use asset2,365
Property, plant and equipment1,4331,3691,3941,4461,4351,4321,284
Intangible assets, net (including goodwill)1,7021,5411,5921,6321,6771,744250
Goodwill992990994991989995200
Intangible assets, net (excluding goodwill)71055159864168774850
Disposal group, including discontinued operation, noncurrent assets     1
Other noncurrent assets52486964834540
Assets held-for-sale, long lived2
Total noncurrent assets:5,5532,9583,0553,1423,1943,2211,575
TOTAL ASSETS:11,2499,0418,4828,3158,1357,9625,565
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,9583,7963,4283,6413,7573,6162,609
Accounts payable3,4223,1732,8953,0863,2043,0952,181
Accrued liabilities536623534554553521429
Debt   01237
Liability for uncertainty in income taxes      1
Self insurance reserve     5946
Deferred tax liabilities    89136
Other liabilities52090523540126155
Other undisclosed current liabilities     (170)(188)
Total current liabilities:4,4783,8863,4803,6763,7973,7432,765
Noncurrent Liabilities
Long-term debt and lease obligation2,7641,0461,0441,0431,2131,6361,053
Long-term debt, excluding current maturities7471,0461,0441,0431,2131,6361,053
Operating lease, liability2,017
Liabilities, other than long-term debt4572522562436631,136215
Deferred revenue and credits   55 
Pension and other postretirement defined benefit plans, liabilities2
Deferred compensation liability, classified 121717 1615
Deferred tax liabilities, net   434361(87)
Deferred income tax liabilities334
Off-market lease, unfavorable     45 
Other liabilities123240239226229580231
Self insurance reserve     7853
Total noncurrent liabilities:3,2221,2981,3001,2861,8762,7721,267
Total liabilities:7,6995,1844,7804,9625,6746,5154,032
Stockholders' equity
Stockholders' equity attributable to parent3,5493,5513,4152,9162,4612,0031,516
Common stock0000000
Treasury stock, value(924)(426)(145)(138)(120)(113)(108)
Additional paid in capital735695665631603563531
Accumulated other comprehensive income (loss)(35)(44)(25)(40)(44)(12)4
Retained earnings3,7733,3262,9202,4632,0211,5651,089
Total stockholders' equity:3,5493,5513,4152,9162,4612,0031,516
Other undisclosed liabilities and equity 306287437 (556)17
TOTAL LIABILITIES AND EQUITY:11,2499,0418,4828,3158,1357,9625,565

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
Revenues9,7099,5819,3749,5689,7379,8446,494
Revenue, net9,3749,5689,7379,8446,494
Cost of revenue
(Cost of Goods and Services Sold)
(5,454)(5,361)(5,289)(5,312)(5,314)(5,390)(3,242)
Gross profit:4,2554,2194,0854,2564,4234,4543,252
Operating expenses(3,578)(3,615)(3,515)(3,468)(3,597)(3,710)(2,585)
Other undisclosed operating income (loss)     108(6)
Operating income:677604570788826852660
Nonoperating income (expense)(39)(49)(50)(49)(73)(70)3
Other nonoperating income (expense)08911(7)33
Interest and debt expense    (65)(73)(37)
Other undisclosed income from continuing operations before equity method investments, income taxes    6573 
Income from continuing operations before income taxes:638555520739753781626
Income tax expense(151)(131)(45)(279)(279)(288)(235)
Net income available to common stockholders, basic:487424476460473494392
Other undisclosed net loss available to common stockholders, diluted   (2)(2)(2)(1)
Net income available to common stockholders, diluted:487424476458472492391

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:487424476460473494392
Other comprehensive income (loss)10(19)154(32)(16)1
Comprehensive income, net of tax, attributable to parent:497405490464442478393

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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