Global Brass and Copper Holdings, Inc. (BRSS) financial statements (2020 and earlier)

Company profile

Business Address 475 N. MARTINGALE ROAD
SCHAUMBURG, IL 60173
State of Incorp.
Fiscal Year End December 31
SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1265988844511
Cash and cash equivalents1265988844511
Receivables168202139122161172
Inventory, net of allowances, customer advances and progress billings218208164176189191
Inventory218208164176189191
Prepaid expense665554
Deferred costs 21441310
Derivative instruments and hedges, assets 23211
Income taxes receivable4
Deferred tax assets    3032
Other undisclosed current assets346777
Total current assets:521502410399451432
Noncurrent Assets
Property, plant and equipment14814313011110488
Long-term investments and receivables    22
Long-term investments    22
Intangible assets, net (including goodwill)675555
Goodwill454444
Intangible assets, net (excluding goodwill)220111
Derivative instruments and hedges 0    
Deposits noncurrent assets    11
Deferred costs    1215
Other noncurrent assets57441517
Deferred tax assets, net  343815
Other undisclosed noncurrent assets1116  (13)(16)
Total noncurrent assets:170172173158126117
TOTAL ASSETS:691674583557577549
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13013310599110165
Accounts payable11411789718385
Accrued liabilities1213121110 
Employee-related liabilities333131419
Taxes payable111011
Interest and dividends payable000333
Accounts payable and other accrued liabilities56
Debt    2 
Derivative instruments and hedges, liabilities10    
Deferred revenue and credits224413 
Other undisclosed current liabilities2826312720(19)
Total current liabilities:159181140129145145
Noncurrent Liabilities
Long-term debt and lease obligation, including:307311314342381381
Long-term debt, excluding current maturities306309312342380381
Capital lease obligations122 5 
Other undisclosed long-term debt and lease obligation    (4) 
Liabilities, other than long-term debt393736255226
Deferred tax liabilities, net    1 
Liability for uncertainty in income taxes    25 
Other liabilities393736252526
Other undisclosed noncurrent liabilities(1)(2)(2) (26) 
Total noncurrent liabilities:344346348367406407
Total liabilities:503527487497551552
Stockholders' equity
Stockholders' equity attributable to parent183142915622(7)
Common stock000000
Treasury stock, value(23)(7)(2)(1)(0) 
Additional paid in capital635545373331
Accumulated other comprehensive income (loss)(6)(3)(4)(2)(1)1
Retained earnings (accumulated deficit)149975122(10)(39)
Stockholders' equity attributable to noncontrolling interest554444
Total stockholders' equity:188147956126(3)
TOTAL LIABILITIES AND EQUITY:691674583557577549

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,7651,5611,3391,5061,7111,759
Revenue, net1,5611,3391,5061,7111,759
Cost of revenue
(Cost of Goods and Services Sold)
(1,579)(1,377)(1,157)(1,336)(1,547)(1,576)
Gross profit:187184182170165182
Operating expenses(93)(84)(83)(83)(91)(121)
Other undisclosed operating income    1410
Operating income:9410099878872
Nonoperating income (expense)(1)307(1)(0)
Investment income, nonoperating   6  
Other nonoperating income (expense)(1)300(1)(0)
Interest and debt expense(17)(18)(50)(42)(40)(40)
Income from continuing operations before equity method investments, income taxes:768549514831
Income from equity method investments   012
Income from continuing operations before income taxes:768549524933
Income tax expense(17)(34)(17)(16)(17)(22)
Net income:595233363211
Net loss attributable to noncontrolling interest(0)(1)(1)(0)(0)(0)
Net income available to common stockholders, diluted:585132363210

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:595233363211
Other comprehensive income (loss)(3)1(2)(2)(1)(1)
Comprehensive income:555331343110
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(1)(0)(0)(0)0
Other undisclosed comprehensive loss, net of tax, attributable to parent     (1)
Comprehensive income, net of tax, attributable to parent:55523034319

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: