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)

3/31/2018
TTM
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 investments 8510180206419622
Cash and cash equivalents 8510180206419622
Receivables 7146656871,0071,1721,182
Inventory, net of allowances, customer advances and progress billings 7367688081,0191,2401,274
Inventory 7367688081,0191,2401,274
Prepaid expense 606564106 
Disposal group, including discontinued operation   10426  
Prepaid expense and other current assets126133
Deferred tax assets    244939
Other undisclosed current assets    811
Total current assets: 1,5951,5991,7422,3963,0073,251
Noncurrent Assets
Nontrade receivables    10
Property, plant and equipment 5305295247581,0921,194
Long-term investments and receivables 098181919
Long-term investments 098181919
Intangible assets, net (including goodwill) 34405991368391
Goodwill 11122226185188
Intangible assets, net (excluding goodwill) 23283765183203
Disposal group, including discontinued operation, noncurrent assets   57 
Other noncurrent assets 68435779 
Prepaid expense and other noncurrent assets7866
Deferred tax assets, net    (159)218211
Other undisclosed noncurrent assets 82021173(202)(198)
Total noncurrent assets: 6406427259711,5721,682
TOTAL ASSETS: 2,2352,2422,4673,3674,5794,933
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 7468347431,1771,3271,521
Accounts payable 4384144116728711,003
Accrued liabilities 309420331407435496
Employee-related liabilities    75  
Taxes payable    232222
Debt 4768155404250511
Derivative instruments and hedges, liabilities    779
Disposal group, including discontinued operation   52   
Customer advances and deposits   64
Other undisclosed current liabilities    (169)(29)(30)
Total current liabilities: 7939019491,4831,5562,010
Noncurrent Liabilities
Long-term debt and lease obligation 1,0398719249341,137939
Long-term debt, excluding current maturities 1,0398719249341,137939
Liabilities, other than long-term debt 163301333423490517
Deferred tax liabilities, net  127145183234224
Disposal group, including discontinued operation, liabilities   2   
Other liabilities 163174186240256293
Other undisclosed noncurrent liabilities 109     
Total noncurrent liabilities: 1,3101,1721,2561,3571,6261,456
Total liabilities: 2,1042,0732,2062,8403,1823,466
Temporary equity, carrying amount   18141719
Stockholders' equity
Stockholders' equity attributable to parent 1291532284521,2801,332
Preferred stock      4
Common stock 111111
Treasury stock, value (152)(170)(180)(184)(155)(137)
Additional paid in capital 707711721715700677
Accumulated other comprehensive loss (231)(286)(340)(263)(112)(105)
Retained earnings (accumulated deficit) (195)(102)27184847892
Stockholders' equity attributable to noncontrolling interest 3161561100117
Total stockholders' equity: 1321692435131,3801,448
TOTAL LIABILITIES AND EQUITY: 2,2352,2422,4673,3674,5794,933

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

3/31/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 3,8373,8584,2255,9806,4216,060
Cost of revenue
(Cost of Goods and Services Sold)
 (3,411)(3,451)(3,811)(5,587)(5,718)(5,435)
Gross profit: 426407414393704625
Operating expenses (417)(409)(391)(744)(649)(550)
Other undisclosed operating income (loss)  (17)(2)39157124
Operating income (loss): 9(18)21(311)212199
Nonoperating income (expense) 3110(65)(424)(60)4
Investment income, nonoperating 2322277
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)2787
Income from equity method investments  10122
Income (loss) from continuing operations before income taxes: (39)(97)(139)(635)2989
Income tax expense (benefit) (16)415(8)(39)(79)
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)

3/31/2018
TTM
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)(5)
Comprehensive income (loss): 12(39)(221)(774)(25)5
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)(3)

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: