Alliance Data Systems Corporation (ADS) financial statements (2023 and earlier)
Company profile
Business Address |
3095 LOYALTY CIRCLE COLUMBUS, OH 43219 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 3,126 | 3,082 | 3,874 | 3,863 | 4,190 | 1,859 | 1,168 | ||
Cash and cash equivalents | 3,046 | 3,082 | 3,874 | 3,863 | 4,190 | 1,859 | 1,168 | ||
Short-term investments | 80 | ||||||||
Restricted cash and investments | 877 | 694 | 601 | 559 | 590 | 324 | 457 | ||
Receivables | 224 | 384 | 451 | 924 | 822 | 797 | 707 | ||
Inventory, net of allowances, customer advances and progress billings | 164 | 218 | 252 | 234 | 271 | 228 | |||
Inventory | 164 | 218 | 252 | 234 | 271 | 228 | |||
Deferred tax assets | ✕ | ✕ | ✕ | 288 | |||||
Other current assets | 535 | 268 | 346 | 349 | 324 | 478 | |||
Other undisclosed current assets | 14,776 | 18,700 | 18,768 | 18,521 | 16,013 | 12,925 | |||
Total current assets: | 4,227 | 19,634 | 24,113 | 24,712 | 24,706 | 19,589 | 16,250 | ||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 97 | 233 | 264 | ✕ | ✕ | ✕ | ✕ | ||
Property, plant and equipment | 215 | 311 | 282 | 595 | 614 | 586 | 577 | ||
Long-term investments and receivables | 50 | ||||||||
Long-term investments | 50 | ||||||||
Intangible assets, net (including goodwill), including: | 687 | 1,451 | 1,108 | 4,381 | 4,681 | 4,804 | 5,018 | ||
Goodwill | 1,370 | 955 | 3,841 | 3,880 | 3,801 | 3,814 | |||
Intangible assets, net (excluding goodwill) | 53 | 82 | 153 | 540 | 801 | 1,003 | 1,204 | ||
Other undisclosed intangible assets, net (including goodwill) | 634 | ||||||||
Deferred income tax assets | 359 | 45 | ✕ | ✕ | ✕ | ✕ | |||
Other noncurrent assets | 558 | 682 | 653 | 657 | 515 | 576 | |||
Deferred tax assets, net | ✕ | ✕ | ✕ | 47 | 28 | 20 | 1 | ||
Total noncurrent assets: | 1,049 | 2,913 | 2,382 | 5,676 | 5,979 | 5,925 | 6,171 | ||
Other undisclosed assets | 16,470 | ||||||||
TOTAL ASSETS: | 21,746 | 22,547 | 26,495 | 30,388 | 30,685 | 25,514 | 22,422 | ||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 774 | 630 | 980 | 1,094 | 915 | 1,009 | |||
Accounts payable | 328 | 301 | 558 | 651 | 568 | 442 | |||
Accrued liabilities | 445 | 328 | 421 | 443 | 347 | 567 | |||
Interest and dividends payable | 1 | 1 | 1 | ||||||
Deferred revenue | 899 | 808 | ✕ | ✕ | ✕ | ✕ | |||
Debt | 23 | 145 | 131 | 815 | 370 | ||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 847 | 788 | 699 | ||
Deferred tax liabilities | ✕ | ✕ | ✕ | 2 | |||||
Other liabilities | 221 | 338 | 339 | 369 | 400 | 294 | |||
Other undisclosed current liabilities | 8,529 | 10,073 | 10,021 | 7,706 | 6,312 | 4,032 | |||
Total current liabilities: | 10,422 | 11,872 | 11,484 | 10,147 | 9,230 | 6,406 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 276 | 292 | 5,593 | 5,948 | 4,787 | 4,693 | |||
Operating lease, liability | 276 | 292 | ✕ | ✕ | ✕ | ✕ | |||
Other undisclosed long-term debt and lease obligation | 5,593 | 5,948 | 4,787 | 4,693 | |||||
Liabilities, other than long-term debt | 525 | 532 | 679 | 702 | 804 | 1,062 | |||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 120 | 143 | 146 | ||
Deferred revenue | 106 | 114 | ✕ | ✕ | ✕ | ✕ | |||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | 257 | 211 | 335 | 632 | ||
Deferred income tax liabilities | 80 | ✕ | ✕ | ✕ | ✕ | ||||
Other liabilities | 420 | 338 | 422 | 371 | 326 | 285 | |||
Other undisclosed noncurrent liabilities | 9,802 | 12,211 | 10,299 | 12,032 | 9,035 | 8,084 | |||
Total noncurrent liabilities: | 10,604 | 13,035 | 16,572 | 18,683 | 14,626 | 13,839 | |||
Other undisclosed liabilities | 19,660 | ||||||||
Total liabilities: | 19,660 | 21,026 | 24,907 | 28,056 | 28,830 | 23,856 | 20,244 | ||
Temporary equity, carrying amount | 167 | ||||||||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent | 2,086 | 1,522 | 1,588 | 2,332 | 1,855 | 1,658 | 2,010 | ||
Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
Treasury stock, value | (6,734) | (6,734) | (5,716) | (5,273) | (4,733) | (3,927) | |||
Additional paid in capital | 2,174 | 3,427 | 3,258 | 3,172 | 3,100 | 3,046 | 2,981 | ||
Accumulated other comprehensive loss | (2) | (5) | (100) | (138) | (140) | (151) | (137) | ||
Retained earnings (accumulated deficit) | (87) | 4,832 | 5,163 | 5,012 | 4,167 | 3,495 | 3,092 | ||
Total stockholders' equity: | 2,086 | 1,522 | 1,588 | 2,332 | 1,855 | 1,658 | 2,010 | ||
TOTAL LIABILITIES AND EQUITY: | 21,746 | 22,547 | 26,495 | 30,388 | 30,685 | 25,514 | 22,422 |
Income statement (P&L) ($ in millions)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 3,861 | 4,521 | 5,581 | 7,791 | 7,719 | 7,138 | 6,440 | |
Revenue, net | ✕ | ✕ | ✕ | ✕ | 2,612 | |||
Net investment income | 3,861 | 3,931 | 4,729 | 4,695 | 4,172 | 3,640 | 2,871 | |
Cost of revenue | (544) | (2,077) | (2,688) | (4,221) | (4,270) | (4,277) | (3,815) | |
Provision for loan, lease, and other losses | (544) | (1,266) | (1,188) | ✕ | ✕ | ✕ | ||
Financial services costs | ✕ | ✕ | ✕ | (1,016) | (1,140) | (941) | (668) | |
Gross profit: | 3,317 | 2,444 | 2,894 | 3,570 | 3,450 | 2,861 | 2,625 | |
Operating expenses | (604) | (412) | (231) | (372) | (349) | (310) | (281) | |
Other operating income, net (Noninterest Income, Other Operating Income) | 156 | |||||||
Other undisclosed operating loss | (1,356) | (1,304) | (1,455) | (1,286) | (1,083) | |||
Operating income: | 2,869 | 2,032 | 1,307 | 1,894 | 1,646 | 1,266 | 1,262 | |
Interest and debt expense | (383) | (494) | (569) | (671) | (564) | (429) | (330) | |
Income from continuing operations before equity method investments, income taxes: | 2,486 | 1,539 | 738 | 1,224 | 1,081 | 837 | 932 | |
Other undisclosed loss from continuing operations before income taxes | (1,442) | (1,144) | ||||||
Income from continuing operations before income taxes: | 1,044 | 395 | 738 | 1,224 | 1,081 | 837 | 932 | |
Income tax expense | (247) | (100) | (166) | (261) | (292) | (319) | (326) | |
Income before gain (loss) on sale of properties: | 797 | 295 | 573 | 963 | 789 | 518 | 605 | |
Other undisclosed net income (loss) | 4 | (81) | (295) | |||||
Net income: | 801 | 214 | 278 | 963 | 789 | 518 | 605 | |
Net loss attributable to noncontrolling interest | (2) | (9) | ||||||
Net income attributable to parent: | 801 | 214 | 278 | 963 | 789 | 516 | 597 | |
Preferred stock dividends and other adjustments | (3) | |||||||
Undistributed earnings (loss) allocated to participating securities, basic | (7) | ✕ | ✕ | |||||
Net income available to common stockholders, basic: | 801 | 214 | 268 | 963 | 789 | 516 | 597 | |
Other undisclosed net income available to common stockholders, diluted | 10 | |||||||
Net income available to common stockholders, diluted: | 801 | 214 | 278 | 963 | 789 | 516 | 597 |
Comprehensive Income ($ in millions)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
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Net income: | 801 | 214 | 278 | 963 | 789 | 518 | 605 | |
Other comprehensive income (loss) | 3 | 95 | 38 | 2 | 11 | (13) | (62) | |
Comprehensive income: | 804 | 309 | 316 | 965 | 799 | 504 | 544 | |
Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (10) | ||||||
Comprehensive income, net of tax, attributable to parent: | 804 | 309 | 316 | 965 | 799 | 503 | 534 |
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.