Boston Properties, Inc. (BXP) financial statements (2021 and earlier)

Company profile

Business Address 800 BOYLSTON STREET
BOSTON, MA 02199
State of Incorp. DE
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6696455434353577241,763
Cash and cash equivalents1,6696455434353577241,763
Restricted cash and investments514796716374487
Deferred costs13      
Total current assets:1,7326926395054207982,250
Noncurrent Assets
Finance lease, right-of-use asset237 
Operating lease, right-of-use asset146 
Property, plant and equipment8,7408,6028,0938,6088,0107,5207,302
Long-term investments and receivables1,310956956620775235193
Long-term investments1,310956956620775235193
Deferred costs640689679679686733832
Total noncurrent assets:11,07510,2479,7289,9079,4718,4888,327
Other undisclosed assets10,05110,3469,8908,9608,9609,0949,309
TOTAL ASSETS:22,85821,28520,25619,37218,85218,37919,887
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities14,51213,26212,04311,27010,92010,49311,879
Total liabilities:14,51213,26212,04311,27010,92010,49311,879
Temporary equity, carrying amount78    1
Stockholders' equity
Stockholders' equity attributable to parent5,9965,6855,8835,8145,7865,7095,697
Preferred stock200200200200200200200
Common stock2222222
Treasury stock, value(3)(3)(3)(3)(3)(3)(3)
Additional paid in capital6,3576,2956,4086,3786,3336,3066,270
Accumulated other comprehensive loss(50)(48)(48)(50)(52)(14)(9)
Accumulated deficit(510)(761)(676)(712)(694)(781)(762)
Stockholders' equity attributable to noncontrolling interest2,3442,3302,3312,2882,1462,1772,206
Total stockholders' equity:8,3408,0148,2148,1027,9327,8877,903
Other undisclosed liabilities and equity      105
TOTAL LIABILITIES AND EQUITY:22,85821,28520,25619,37218,85218,37919,887

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,7662,9612,7172,6022,5512,4912,397
Revenue, net2,6622,5672,5232,4684,258
Operating lease, lease income2,646 
Cost of revenue(1,661)(1,211)(1,023)(963)(924)(906)(868)
Cost of goods and services sold(1,017) (1,023)(962)(921)(530)(865)
Other undisclosed gross profit58977     
Gross profit:1,6941,8261,6941,6391,6271,5851,529
Operating expenses(199)(704)(779)(731)(801)(736)(728)
Operating income:1,4951,122915908826849802
Nonoperating income (expense)
(Investment Income, Nonoperating)
56(2)462(1)1
Interest and debt expense(432)(442)(395)(374)(413)(454)(466)
Income from continuing operations before equity method investments, income taxes:1,068686519538474394336
Income (loss) from equity method investments(85)4721182313
Income from continuing operations before income taxes:983733521549482417349
Other undisclosed income from continuing operations     79
Income from continuing operations:983733521549482424358
Other undisclosed income before gain (loss) on sale of properties   67  
Income before gain (loss) on sale of properties:983733521555489424358
Gain on sale of properties, net of applicable income taxes 1182881376168
Other undisclosed net income (loss)36(82)9    
Net income:1,019652713562570800526
Net loss attributable to noncontrolling interest(146)(130)(130)(100)(57)(217)(82)
Net income attributable to parent:873522583462513583444
Preferred stock dividends and other adjustments(11)(11)(11)(11)(11)(11)(11)
Net income available to common stockholders, basic:862511572452502573433
Other undisclosed net loss available to common stockholders, diluted(1) (0) (0)  
Net income available to common stockholders, diluted:861511572452502573433

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,019652713562570800526
Other comprehensive income (loss)(1)(0)4(0)(43)(8)3
Comprehensive income:1,018652716562527792529
Comprehensive loss, net of tax, attributable to noncontrolling interest(146)(130)(130)(100)(57)(217)(82)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(1)(1)253(0)
Comprehensive income, net of tax, attributable to parent:871521586464475578446

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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