BWX Technologies, Inc. (BWXT) financial statements (2023 and earlier)

Company profile

Business Address 800 MAIN STREET
LYNCHBURG, VA 24504
State of Incorp. DE
Fiscal Year End December 31
SIC 351 - Engines And Turbines (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 investments38469233206140158
Cash and cash equivalents34438730203126155
Short-term investments44643153
Restricted cash and investments333    
Receivables7115357129189136153
Inventory, net of allowances, customer advances and progress billings16151716987
Inventory16151716987
Contract with customer, asset547449376 
Costs in excess of billings318421357266
Other current assets48444144302925
Other undisclosed current assets5262431182438
Total current assets:774774630542873694647
Noncurrent Assets
Property, plant and equipment1,046816580439349300269
Long-term investments and receivables   64434332
Long-term investments   64434332
Intangible assets, net (including goodwill)471476467503329326227
Goodwill286284276274218211168
Intangible assets, net (excluding goodwill)18619319122911011558
Regulated entity, other noncurrent assets      7
Restricted cash and investments   3   
Deferred costs      7
Deferred income tax assets214959
Other noncurrent assets95969636231520
Other undisclosed noncurrent assets9581786996203174
Total noncurrent assets:1,7281,5201,2791,113839886735
TOTAL ASSETS:2,5012,2941,9091,6551,7121,5801,382
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities348357315265254265200
Accounts payable1901841711159310074
Accrued liabilities86836173788458
Employee-related liabilities72908377828268
Debt 891514282715
Asset retirement obligation   14   
Other undisclosed current liabilities112847585246147139
Total current liabilities:460530405377528440354
Noncurrent Liabilities
Long-term debt and lease obligation1,189863809754481498285
Long-term debt, excluding current maturities1,189863809754481498285
Liabilities, other than long-term debt215283291288417492464
Liability, pension and other postretirement and postemployment benefits84171196193318376379
Accrued environmental loss contingencies93848086808260
Other liabilities3929159203425
Total noncurrent liabilities:1,4051,1461,1001,042898990749
Total liabilities:1,8641,6761,5051,4191,4271,4291,103
Stockholders' equity
Stockholders' equity attributable to parent637618404236285150266
Common stock1111111
Treasury stock, value(1,326)(1,095)(1,068)(1,038)(815)(762)(498)
Additional paid in capital174154134116992223
Accumulated other comprehensive income (loss)128(7)(10)941
Retained earnings1,7761,5501,3441,167991885739
Stockholders' equity attributable to noncontrolling interest00000014
Total stockholders' equity:637618404236286150280
TOTAL LIABILITIES AND EQUITY:2,5012,2941,9091,6551,7121,5801,382

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
Revenues2,1242,1241,8951,8001,6881,5511,416
Cost of revenue(1,574)(1,548)(1,361)(1,296)(1,171)(1,075)(1,027)
Gross profit:550575534504517476388
Operating expenses(241)(245)(234)(229)(222)(223)(169)
Other undisclosed operating income (loss)3729263014(14)(13)
Operating income:346359326305309239206
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
504(12)(25)(13)1815
Interest and debt expense(36)(31)(35)(2)(15)(8)(10)
Income from continuing operations before equity method investments, income taxes:360331278278281249211
Other undisclosed income from continuing operations before income taxes363135215810
Income from continuing operations before income taxes:396362314280296257221
Income tax expense(89)(83)(69)(53)(147)(74)(80)
Income from continuing operations:306279245227148184141
Loss from discontinued operations      (9)
Net income:306279245227148184131
Net income (loss) attributable to noncontrolling interest(0)(1)(1)(0)(1)(1)0
Net income available to common stockholders, diluted:306279244227148183131

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:306279245227148184131
Other comprehensive income (loss)4163(16)63(13)
Comprehensive income:310295247211154187118
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(1)(1)(0)(1)(1)(0)
Comprehensive income, net of tax, attributable to parent:310294247211153186118

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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