ArcBest Corporation (ARCB) financial statements (2020 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)
Annual | Quarterly

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 investments318297177171227203141
Cash and cash equivalents202190121114165157105
Short-term investments1171075657624636
Restricted cash and investments   111 
Receivables301316299274243235203
Prepaid expense30252222212119
Deferred tax assets✕  403840 
Other current assets59124457
Other undisclosed current assets921210181049
Total current assets:664649522522552515418
Noncurrent Assets
Operating lease, right-of-use asset68✕✕✕✕✕✕
Property, plant and equipment684631591533483410394
Intangible assets, net (including goodwill)147177182189173150152
Goodwill88108108109967776
Intangible assets, net (excluding goodwill)59697381777375
Disposal group, including discontinued operation, noncurrent assets     0✕
Deferred income tax assets8✕✕✕✕✕✕
Other noncurrent assets80746466   
Assets held-for-sale, long lived✕✕✕✕✕✕0
Other undisclosed noncurrent assets 76 555352
Total noncurrent assets:987890843788711613599
TOTAL ASSETS:1,6511,5391,3661,3101,2631,1281,017
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities367397341323320376272
Accounts payable13414412913313110489
Accrued liabilities229243211190189195174
Employee-related liabilities49   68 
Taxes payable020 099
Deferred revenue1✕✕✕✕✕✕
Debt57546264452532
Self insurance reserve     9692
Other undisclosed current liabilities20    (156)(86)
Total current liabilities:444451403387365341310
Noncurrent Liabilities
Long-term debt and lease obligation, including:26623820718016810281
Operating lease, liability52✕✕✕✕✕✕
Other undisclosed long-term debt and lease obligation21423820718016810281
Liabilities, other than long-term debt1257655144142123106
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕27
Deferred tax liabilities, net✕  91786464
Deferred income tax liabilities66✕✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits203240365142✕
Other liabilities39451617131715
Total noncurrent liabilities:392314262324310226187
Total liabilities:836765665711674567497
Stockholders' equity
Stockholders' equity attributable to parent763718651599589561520
Common stock0000000
Treasury stock, value(105)(95)(86)(80)(71)(58)(58)
Additional paid in capital334326319315310303296
Accumulated other comprehensive income (loss)0(14)(21)(23)(27)(23)(15)
Retained earnings533501438387377339297
Total stockholders' equity:763718651599589561520
Other undisclosed liabilities and equity525649    
TOTAL LIABILITIES AND EQUITY:1,6511,5391,3661,3101,2631,1281,017

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,9883,0942,8262,7002,6672,6132,300
Revenue, net✕✕2,8262,7002,6672,6132,300
Cost of revenue(2,763)(2,814)(1,233)(1,158)(1,143) (2,248)
Gross profit:2252801,5941,5421,5242,61351
Operating expenses(162)(171)(1,540)(1,513)(1,449)(2,543)(32)
Operating income:641095429756919
Nonoperating income (expense)(1)(15)44210
Investment income, nonoperating6412111
Other nonoperating income (expense)(7)(19)33044
Interest and debt expense(11)(9)(6)(5)(4)(3)(4)
Other undisclosed income from continuing operations before equity method investments, income taxes      4
Income from continuing operations before equity method investments, income taxes:51845228736719
Other undisclosed income from continuing operations before income taxes     3 
Income from continuing operations before income taxes:51845228737119
Income tax expense (benefit)(11)(17)8(10)(28)(24)(4)
Net income attributable to parent:40676019454616
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(2)(1)
Net income available to common stockholders, basic:40675919444415
Other undisclosed net income available to common stockholders, diluted00000  
Net income available to common stockholders, diluted:40675919444415

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:40676019454616
Other comprehensive income (loss)(2)(0)(0)(1)38 
Comprehensive income:38676017485416
Other undisclosed comprehensive income (loss), net of tax, attributable to parent171035(7)(16)42
Comprehensive income, net of tax, attributable to parent:54776323413858

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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