BEMIS CO INC (BMS) financial statements (2020 and earlier)

Company profile

Business Address 2301 INDUSTRIAL DRIVE
NEENAH, WI 54956
State of Incorp. MO
Fiscal Year End December 31
SIC 267 - Converted Paper And Paperboard Products, Except (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
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 investments7671745947142114
Cash and cash equivalents7671745947142114
Receivables443449462451566615645
Inventory, net of allowances, customer advances and progress billings620620549526576649662
Inventory620620549526576649662
Prepaid expense and other current assets104
Other undisclosed current assets969780839999 
Total current assets:1,2351,2371,1661,1191,2881,5051,525
Noncurrent Assets
Property, plant and equipment    1,1431,2841,351
Long-term investments and receivables    88 
Long-term investments    88 
Intangible assets, net (including goodwill)9679951,1841,0991,1321,2431,236
Goodwill8458531,0299509631,0521,034
Intangible assets, net (excluding goodwill)121142155150169191201
Other noncurrent assets12015082655379
Prepaid expense and other noncurrent assets74
Other undisclosed noncurrent assets    (1,151)(1,292)(1,351)
Total noncurrent assets:1,0861,1451,2661,1651,1841,3211,309
Other undisclosed assets1,2501,3181,2841,2061,1431,2841,351
TOTAL ASSETS:3,5713,7003,7163,4903,6154,1104,186
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities644581489463382395416
Accounts payable516477378335272363382
Employee-related liabilities9473809387  
Taxes payable33313135233234
Debt1221173531159
Other liabilities466470906892110
Other undisclosed current liabilities     100108
Total current liabilities:702666576589481602643
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,3491,5421,5281,3541,3161,4211,418
Other undisclosed long-term debt and lease obligation1,3491,5421,5281,3541,3161,4211,418
Liabilities, other than long-term debt305290352339487457703
Pension and other postretirement defined benefit plans, liabilities55219
Deferred tax liabilities, net167154220172223270198
Liability, pension and other postretirement and postemployment benefits    102
Other liabilities138137132167161132286
Other undisclosed noncurrent liabilities    (102)(55)(219)
Total noncurrent liabilities:1,6541,8331,8801,6931,7011,8241,902
Total liabilities:2,3552,4992,4562,2822,1822,4252,545
Stockholders' equity
Stockholders' equity attributable to parent1,2161,2011,2601,2071,4331,6851,641
Common stock13131313131313
Treasury stock, value(1,332)(1,332)(1,229)(1,085)(935)(783)(705)
Additional paid in capital604590582573560548545
Accumulated other comprehensive loss(526)(395)(448)(510)(292)(99)(113)
Retained earnings2,4572,3252,3422,2162,0872,0051,901
Total stockholders' equity:1,2161,2011,2601,2071,4331,6851,641
TOTAL LIABILITIES AND EQUITY:3,5713,7003,7163,4903,6154,1104,186

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues4,0904,0464,0044,0714,3445,0305,139
Revenue, net4,0464,0044,0714,3445,0305,139
Cost of revenue
(Cost of Goods and Services Sold)
(3,285)(3,261)(3,138)(3,198)(3,484)(4,058)(4,192)
Gross profit:805785866873859972948
Operating expenses(416)(620)(460)(464)(457)(602)(622)
Other operating income, net322110    
Other undisclosed operating income (loss)(62)(71)(7) 61120
Operating income:359116409410408381346
Nonoperating income33261784
Foreign currency transaction gain (loss), before tax0(1)0(1)(4)  
Interest and debt expense(76)(66)(60)(52)(61)(68)(71)
Income from continuing operations before equity method investments, income taxes:28653351364364320279
Income from equity method investments    233
Other undisclosed loss from continuing operations before income taxes    (2)(3)(3)
Income from continuing operations before income taxes:28653351364364320279
Income tax expense (benefit)(60)41(115)(122)(125)(108)(105)
Income from continuing operations:22694236242239213174
Loss from discontinued operations   (3)(45)  
Income before gain (loss) on sale of properties:22694236239194213174
Other undisclosed net income (loss)   1(3)  
Net income attributable to parent:22694236239191213174
Other undisclosed net loss available to common stockholders, basic     (0)(2)
Net income available to common stockholders, diluted:22694236239191212172

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:22694236239191213174
Other comprehensive income (loss)(111)5362(218)(193)14(22)
Comprehensive income (loss), net of tax, attributable to parent:11514729821(2)227152

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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