Bloomin' Brands, Inc. (BLMN) financial statements (2022 and earlier)
Company profile
| Business Address |
2202 NORTH WEST SHORE BOULEVARD TAMPA, FL 33607 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| SIC | 5812 - Eating Places (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 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 88 | 110 | 67 | 72 | 128 | 127 | 132 | ||
| Cash and cash equivalents | 88 | 110 | 67 | 72 | 128 | 127 | 132 | ||
| Restricted cash and investments | 1 | 0 | 1 | 8 | 7 | ||||
| Inventory, net of allowances, customer advances and progress billings | 79 | 62 | 87 | 73 | 51 | 65 | 81 | ||
| Inventory | 79 | 62 | 87 | 73 | 51 | 65 | 81 | ||
| Disposal group, including discontinued operation | 1 | ||||||||
| Other current assets | 185 | 152 | 186 | 191 | 179 | 190 | 198 | ||
| Total current assets: | 353 | 324 | 340 | 335 | 360 | 391 | 419 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,131 | 1,173 | 1,267 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 888 | 1,036 | 1,116 | 1,173 | 1,237 | 1,594 | |||
| Intangible assets, net (including goodwill) | 722 | 731 | 759 | 799 | 833 | 846 | 848 | ||
| Goodwill | 268 | 271 | 288 | 295 | 310 | 310 | 301 | ||
| Intangible assets, net (excluding goodwill) | 453 | 460 | 471 | 504 | 522 | 536 | 547 | ||
| Restricted cash and investments | 1 | 16 | |||||||
| Deferred income tax assets | 168 | 154 | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 79 | 93 | 117 | 121 | 135 | 129 | 148 | ||
| Other undisclosed noncurrent assets | 842 | 73 | 93 | 71 | 39 | 8 | |||
| Total noncurrent assets: | 2,941 | 3,038 | 3,252 | 2,129 | 2,213 | 2,252 | 2,614 | ||
| TOTAL ASSETS: | 3,294 | 3,362 | 3,593 | 2,465 | 2,573 | 2,642 | 3,033 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 295 | 241 | 296 | 298 | 323 | 301 | 310 | ||
| Accounts payable | 168 | 141 | 175 | 174 | 185 | 195 | 193 | ||
| Accrued liabilities | 22 | 21 | 21 | 22 | 23 | 24 | 21 | ||
| Employee-related liabilities | 105 | 79 | 101 | 101 | 114 | 82 | 96 | ||
| Deferred revenue | 399 | 382 | 369 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 12 | 39 | 26 | 27 | 26 | 35 | 32 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 378 | 389 | 383 | ||
| Other undisclosed current liabilities | 279 | 288 | 270 | 466 | 134 | 99 | 90 | ||
| Total current liabilities: | 985 | 950 | 962 | 791 | 861 | 823 | 814 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 1,181 | 1,218 | 1,279 | 1,068 | 1,092 | 1,054 | 1,285 | ||
| Finance lease, liability | 1 | ✕ | ✕ | ✕ | ✕ | ||||
| Operating lease, liability | 1,179 | 1,218 | 1,279 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 1,068 | 1,092 | 1,054 | 1,285 | |||||
| Liabilities, other than long-term debt | 125 | 185 | 138 | 373 | 383 | 387 | 488 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 160 | 151 | 140 | ||
| Deferred rent credit | 167 | ✕ | ✕ | ✕ | |||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 15 | 17 | 17 | 54 | ||
| Other liabilities | 125 | 185 | 138 | 192 | 206 | 219 | 295 | ||
| Other undisclosed noncurrent liabilities | 781 | 998 | 1,036 | 178 | 188 | 182 | |||
| Total noncurrent liabilities: | 2,087 | 2,401 | 2,453 | 1,619 | 1,663 | 1,623 | 1,773 | ||
| Total liabilities: | 3,071 | 3,351 | 3,415 | 2,410 | 2,523 | 2,446 | 2,587 | ||
| Temporary equity, carrying amount | 1 | 24 | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 216 | 4 | 170 | 46 | 39 | 183 | 408 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 1,120 | 1,133 | 1,094 | 1,108 | 1,082 | 1,080 | 1,073 | ||
| Accumulated other comprehensive loss | (206) | (211) | (170) | (143) | (99) | (111) | (147) | ||
| Accumulated deficit | (698) | (918) | (755) | (920) | (945) | (787) | (518) | ||
| Stockholders' equity attributable to noncontrolling interest | 6 | 7 | 7 | 9 | 11 | 13 | 14 | ||
| Total stockholders' equity: | 223 | 11 | 177 | 55 | 49 | 195 | 422 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,294 | 3,362 | 3,593 | 2,465 | 2,573 | 2,642 | 3,033 | ||
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 | 4,122 | 3,171 | 4,139 | 4,126 | 4,213 | 4,252 | 4,378 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 4,169 | 4,226 | 4,350 | |
| Cost of revenue | (2,522) | (2,212) | (2,662) | (2,698) | (2,715) | (2,772) | (2,799) | |
| Cost of goods and services sold | (1,230) | (983) | (1,278) | (1,296) | (1,317) | (1,355) | (1,420) | |
| Gross profit: | 1,600 | 958 | 1,477 | 1,428 | 1,498 | 1,481 | 1,578 | |
| Operating expenses | (1,291) | (1,133) | (1,286) | (1,283) | (1,352) | (1,353) | (1,347) | |
| Operating income (loss): | 309 | (175) | 191 | 145 | 146 | 128 | 231 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 0 | 0 | (0) | (0) | 15 | 2 | (1) | |
| Interest and debt expense | (0) | (0) | (3) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 309 | (175) | 191 | 145 | 161 | 129 | 227 | |
| Other undisclosed loss from continuing operations before income taxes | (60) | (65) | (49) | (45) | (42) | (73) | (56) | |
| Income (loss) from continuing operations before income taxes: | 249 | (240) | 142 | 100 | 119 | 56 | 171 | |
| Income tax expense (benefit) | (26) | 81 | (8) | 9 | (16) | (10) | (39) | |
| Net income (loss): | 223 | (159) | 134 | 110 | 103 | 46 | 132 | |
| Net income (loss) attributable to noncontrolling interest | (7) | 0 | (4) | (2) | (2) | (5) | (4) | |
| Net income (loss) attributable to parent: | 216 | (159) | 131 | 107 | 100 | 42 | 127 | |
| Preferred stock dividends and other adjustments | (3) | |||||||
| Net income (loss) available to common stockholders, basic: | 216 | (162) | 131 | 107 | 100 | 42 | 127 | |
| Dilutive securities, effect on basic earnings per share | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | 216 | (162) | 131 | 107 | 100 | 42 | 127 | |
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 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 223 | (159) | 134 | 110 | 103 | 46 | 132 | |
| Other comprehensive income (loss) | 5 | (42) | (27) | (43) | 12 | 36 | (87) | |
| Other undisclosed comprehensive income (loss) | 0 | 3 | (13) | |||||
| Comprehensive income (loss): | 228 | (201) | 107 | 66 | 115 | 86 | 32 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (7) | 1 | (4) | (3) | (2) | (8) | 9 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 221 | (200) | 104 | 64 | 112 | 78 | 41 | |
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.