Advance Auto Parts Inc (AAP) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments83541989754713591105
Cash and cash equivalents83541989754713591105
Receivables750689625606641598580
Inventory, net of allowances, customer advances and progress billings4,5384,4324,3634,1684,3264,1753,937
Inventory4,5384,4324,3634,1684,3264,1753,937
Other current assets1471551981057077120
Total current assets:6,2705,6966,0825,4275,1734,9414,741
Noncurrent Assets
Operating lease, right-of-use asset2,3802,365
Property, plant and equipment1,4631,4331,3691,3941,4461,4351,432
Intangible assets, net (including goodwill)1,6751,7021,5411,5921,6321,6771,744
Goodwill994992990994991989995
Intangible assets, net (excluding goodwill)681710551598641687748
Disposal group, including discontinued operation, noncurrent assets      1
Other noncurrent assets52524869648345
Total noncurrent assets:5,5705,5532,9583,0553,1423,1943,221
TOTAL ASSETS:11,84011,2499,0418,4828,3158,1357,962
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,2473,9583,7963,4283,6413,7573,616
Accounts payable3,6413,4223,1732,8953,0863,2043,095
Accrued liabilities607536623534554553521
Debt    0123
Self insurance reserve      59
Deferred tax liabilities    89
Other liabilities49652090523540126
Other undisclosed current liabilities      (170)
Total current liabilities:4,7444,4783,8863,4803,6763,7973,743
Noncurrent Liabilities
Long-term debt and lease obligation3,0472,7641,0461,0441,0431,2131,636
Long-term debt, excluding current maturities1,0337471,0461,0441,0431,2131,636
Operating lease, liability2,0142,017
Liabilities, other than long-term debt4894572522562436631,136
Deferred revenue and credits   55
Deferred compensation liability, classified  121717 16
Deferred tax liabilities, net   434361
Deferred income tax liabilities342334
Off-market lease, unfavorable      45
Other liabilities146123240239226229580
Self insurance reserve      78
Total noncurrent liabilities:3,5363,2221,2981,3001,2861,8762,772
Total liabilities:8,2807,6995,1844,7804,9625,6746,515
Stockholders' equity
Stockholders' equity attributable to parent3,5603,5493,5513,4152,9162,4612,003
Common stock0000000
Treasury stock, value(1,394)(924)(426)(145)(138)(120)(113)
Additional paid in capital784735695665631603563
Accumulated other comprehensive loss(27)(35)(44)(25)(40)(44)(12)
Retained earnings4,1973,7733,3262,9202,4632,0211,565
Total stockholders' equity:3,5603,5493,5513,4152,9162,4612,003
Other undisclosed liabilities and equity  306287437 (556)
TOTAL LIABILITIES AND EQUITY:11,84011,2499,0418,4828,3158,1357,962

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues10,1069,7099,5819,3749,5689,7379,844
Revenue, net9,3749,5689,7379,844
Cost of revenue
(Cost of Goods and Services Sold)
(5,625)(5,454)(5,361)(5,289)(5,312)(5,314)(5,390)
Gross profit:4,4824,2554,2194,0854,2564,4234,454
Operating expenses(3,732)(3,578)(3,615)(3,515)(3,468)(3,597)(3,710)
Other undisclosed operating income      108
Operating income:750677604570788826852
Nonoperating expense(99)(39)(49)(50)(49)(73)(70)
Other nonoperating income (expense)(4)08911(7)3
Interest and debt expense(48)    (65)(73)
Other undisclosed income from continuing operations before equity method investments, income taxes48    6573
Income from continuing operations before income taxes:651638555520739753781
Income tax expense(158)(151)(131)(45)(279)(279)(288)
Net income available to common stockholders, basic:493487424476460473494
Other undisclosed net loss available to common stockholders, diluted    (2)(2)(2)
Net income available to common stockholders, diluted:493487424476458472492

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:493487424476460473494
Other comprehensive income (loss)810(19)154(32)(16)
Comprehensive income, net of tax, attributable to parent:501497405490464442478

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: