General Cable Corp (BGC) financial statements (2020 and earlier)

Company profile

Business Address 4 TESSENEER DRIVE
HIGHLAND HEIGHTS, KY 41076
State of Incorp. DE
Fiscal Year End December 31
SIC 3357 - Drawing and Insulating of Nonferrous Wire (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8510180206419638
Cash and cash equivalents8510180206419638
Receivables7146656871,0071,1721,190
Inventory, net of allowances, customer advances and progress billings7367688081,0191,2401,252
Inventory7367688081,0191,2401,252
Prepaid expense606564106 
Disposal group, including discontinued operation  10426  
Prepaid expense and other current assets126116
Deferred tax assets   244938
Other undisclosed current assets   811
Total current assets:1,5951,5991,7422,3963,0073,235
Noncurrent Assets
Nontrade receivables   10
Property, plant and equipment5305295247581,0921,200
Long-term investments and receivables098181919
Long-term investments098181919
Intangible assets, net (including goodwill)34405991368388
Goodwill11122226185184
Intangible assets, net (excluding goodwill)23283765183203
Disposal group, including discontinued operation, noncurrent assets  57 
Other noncurrent assets68435779 
Prepaid expense and other noncurrent assets7866
Deferred tax assets, net   (159)218209
Other undisclosed noncurrent assets82021173(202)(196)
Total noncurrent assets:6406427259711,5721,685
TOTAL ASSETS:2,2352,2422,4673,3674,5794,920
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7468347431,1771,3271,490
Accounts payable4384144116728711,003
Accrued liabilities309420331407435463
Employee-related liabilities   75  
Taxes payable   232223
Debt4768155404250511
Derivative instruments and hedges, liabilities   779
Disposal group, including discontinued operation  52   
Customer advances and deposits   64
Other undisclosed current liabilities   (169)(29)(32)
Total current liabilities:7939019491,4831,5561,978
Noncurrent Liabilities
Long-term debt and lease obligation1,0398719249341,137939
Long-term debt, excluding current maturities1,0398719249341,137939
Liabilities, other than long-term debt163301333423490514
Deferred tax liabilities, net 127145183234222
Disposal group, including discontinued operation, liabilities  2   
Other liabilities163174186240256293
Other undisclosed noncurrent liabilities109     
Total noncurrent liabilities:1,3101,1721,2561,3571,6261,453
Total liabilities:2,1042,0732,2062,8403,1823,431
Temporary equity, carrying amount  18141719
Stockholders' equity
Stockholders' equity attributable to parent1291532284521,2801,353
Preferred stock     4
Common stock111111
Treasury stock, value(152)(170)(180)(184)(155)(137)
Additional paid in capital707711721715700677
Accumulated other comprehensive loss(231)(286)(340)(263)(112)(107)
Retained earnings (accumulated deficit)(195)(102)27184847917
Stockholders' equity attributable to noncontrolling interest3161561100117
Total stockholders' equity:1321692435131,3801,471
TOTAL LIABILITIES AND EQUITY:2,2352,2422,4673,3674,5794,920

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
3,8373,8584,2255,9806,4216,014
Cost of revenue
(Cost of Goods and Services Sold)
(3,411)(3,451)(3,811)(5,587)(5,718)(5,400)
Gross profit:426407414393704614
Operating expenses(417)(409)(391)(744)(649)(543)
Other undisclosed operating income (loss) (17)(2)39157124
Operating income (loss):9(18)21(311)212195
Nonoperating income (expense)3110(65)(424)(60)4
Investment income, nonoperating2322277
Foreign currency transaction loss, before tax   (233)  
Other nonoperating income (expense)297(67)(213)(67)(3)
Interest and debt expense(79)(90)(95)(116)(125)(116)
Other undisclosed income from continuing operations before equity method investments, income taxes   215  
Income (loss) from continuing operations before equity method investments, income taxes:(39)(98)(139)(636)2782
Income from equity method investments 10122
Income (loss) from continuing operations before income taxes:(39)(97)(139)(635)2984
Income tax expense (benefit)(16)415(8)(39)(74)
Income (loss) from continuing operations:(55)(94)(124)(643)(10)10
Income (loss) from discontinued operations  (12)6  
Income (loss) before gain (loss) on sale of properties:(55)(94)(136)(637)(10)10
Other undisclosed net loss   (6)  
Net income (loss):(55)(94)(136)(643)(10)10
Net income (loss) attributable to noncontrolling interest(2)(0)1415(8)(6)
Net income (loss) attributable to parent:(57)(94)(122)(628)(18)4
Other undisclosed net loss available to common stockholders, basic    (0)(0)
Net income (loss) available to common stockholders, basic:(57)(94)(122)(628)(18)4
Other undisclosed net income available to common stockholders, diluted     0
Net income (loss) available to common stockholders, diluted:(57)(94)(122)(628)(18)4

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(55)(94)(136)(643)(10)10
Other comprehensive income (loss)(8)54(77)(151)(8) 
Other undisclosed comprehensive income (loss)751(8)21(7)(7)
Comprehensive income (loss):12(39)(221)(774)(25)3
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(13)(1)22(5)18
Other undisclosed comprehensive loss, net of tax, attributable to parent    (1)(15)
Comprehensive loss, net of tax, attributable to parent:(1)(40)(199)(779)(25)(4)

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: