ArcBest Corporation (ARCB) financial statements (2021 and earlier)

Company profile

Business Address 8401 MCCLURE DRIVE
FORT SMITH, AR 72916
State of Incorp. DE
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (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 investments369318297177171227203
Cash and cash equivalents304202190121114165157
Short-term investments6511710756576246
Restricted cash and investments    111
Receivables335301316299274243235
Prepaid expense38302522222121
Deferred tax assets  403840
Other current assets45912445
Other undisclosed current assets119212101810
Total current assets:758664649522522552515
Noncurrent Assets
Operating lease, right-of-use asset11568
Property, plant and equipment679684631591533483410
Intangible assets, net (including goodwill)143147177182189173150
Goodwill88881081081099677
Intangible assets, net (excluding goodwill)55596973817773
Disposal group, including discontinued operation, noncurrent assets      0
Deferred income tax assets68
Other noncurrent assets7780746466  
Other undisclosed noncurrent assets  76 5553
Total noncurrent assets:1,021987890843788711613
TOTAL ASSETS:1,7791,6511,5391,3661,3101,2631,128
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities418367397341323320376
Accounts payable171134144129133131104
Accrued liabilities247229243211190189195
Employee-related liabilities 49   68
Taxes payable0020 09
Deferred revenue 1
Debt67575462644525
Self insurance reserve      96
Other undisclosed current liabilities2120    (156)
Total current liabilities:507444451403387365341
Noncurrent Liabilities
Long-term debt and lease obligation, including:217266238207180168102
Operating lease, liability9852
Other undisclosed long-term debt and lease obligation119214238207180168102
Liabilities, other than long-term debt1291257655144142123
Deferred tax liabilities, net  917864
Deferred income tax liabilities7266
Liability, pension and other postretirement and postemployment benefits19203240365142
Other liabilities38394516171317
Total noncurrent liabilities:346392314262324310226
Total liabilities:853836765665711674567
Stockholders' equity
Stockholders' equity attributable to parent829763718651599589561
Common stock0000000
Treasury stock, value(111)(105)(95)(86)(80)(71)(58)
Additional paid in capital342334326319315310303
Accumulated other comprehensive income (loss)10(14)(21)(23)(27)(23)
Retained earnings596533501438387377339
Total stockholders' equity:829763718651599589561
Other undisclosed liabilities and equity98525649   
TOTAL LIABILITIES AND EQUITY:1,7791,6511,5391,3661,3101,2631,128

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
Revenues2,9402,9883,0942,8262,7002,6672,613
Revenue, net2,8262,7002,6672,613
Cost of revenue(2,706)(2,763)(2,814)(1,233)(1,158)(1,143) 
Gross profit:2342252801,5941,5421,5242,613
Operating expenses(136)(162)(171)(1,540)(1,513)(1,449)(2,543)
Operating income:986410954297569
Nonoperating income (expense)6(1)(15)4421
Investment income, nonoperating4641211
Other nonoperating income (expense)2(7)(19)3304
Interest and debt expense(12)(11)(9)(6)(5)(4)(3)
Income from continuing operations before equity method investments, income taxes:92518452287367
Other undisclosed income from continuing operations before income taxes      3
Income from continuing operations before income taxes:92518452287371
Income tax expense (benefit)(21)(11)(17)8(10)(28)(24)
Net income attributable to parent:71406760194546
Other undisclosed net loss available to common stockholders, basic (0)(0)(0)(0)(0)(2)
Net income available to common stockholders, basic:71406759194444
Other undisclosed net income available to common stockholders, diluted 00000 
Net income available to common stockholders, diluted:71406759194444

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:71406760194546
Other comprehensive income (loss)(0)(2)(0)(0)(1)38
Comprehensive income:71386760174854
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1171035(7)(16)
Comprehensive income, net of tax, attributable to parent:72547763234138

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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