Calumet Specialty Products Partners, L.P. (CLMT) financial statements (2022 and earlier)

Company profile

Business Address 2780 WATERFRONT
INDIANAPOLIS, IN 46214
State of Incorp.
Fiscal Year End December 31
SIC 2911 - Petroleum Refining (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 investments381091915616446
Cash and cash equivalents381091915616446
Restricted cash and investments    350  
Receivables253160189198354239211
Inventory, net of allowances, customer advances and progress billings327255293284314386384
Inventory327255293284314386384
Derivative instruments and hedges, assets  118 1 
Other undisclosed current assets151011149118
Total current assets:6335355126701,192641609
Noncurrent Assets
Finance lease, right-of-use asset4  
Operating lease, right-of-use asset1588693
Property, plant and equipment9509209741,0981,1591,6781,719
Long-term investments and receivables   253510126
Long-term investments   253510126
Intangible assets, net (including goodwill)219231243259279356426
Goodwill173173171171171177212
Intangible assets, net (excluding goodwill)46587188108179214
Regulated entity, other noncurrent assets18      
Other noncurrent assets85373735244064
Other undisclosed noncurrent assets62      
Total noncurrent assets:1,4951,2731,3461,4181,4972,0842,336
TOTAL ASSETS:2,1281,8081,8582,0882,6892,7252,945
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities434248310272387380399
Accounts payable301179230201282296317
Employee-related liabilities94283626361233
Taxes payable12101215162118
Interest and dividends payable28323231535331
Debt732435442
Derivative instruments and hedges, liabilities 1  61534
Due to related parties      74
Disposal group, including discontinued operation    2  
Other liabilities20152593474100119
Other undisclosed current liabilities438140195105103  
Total current liabilities:900545565415926498627
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,4191,3191,2101,6011,6381,9941,698
Long-term debt, excluding current maturities1,4191,3191,2101,6011,6381,9941,698
Finance lease, liability332
Capital lease obligations40414445
Operating lease, liability934533
Other undisclosed long-term debt and lease obligation(96)(48)(35)(40)(41)(44)(45)
Liabilities, other than long-term debt232829651516
Deferred tax liabilities, net  22
Liability, pension and other postretirement and postemployment benefits798531113
Other liabilities1619212211
Other undisclosed noncurrent liabilities1724533    
Total noncurrent liabilities:1,6131,3921,2711,6071,6432,0081,714
Total liabilities:2,5131,9371,8362,0222,5692,5072,341
Stockholders' equity
Stockholders' equity attributable to parent(10)(12)(11)(9)(7)(8)(2)
Accumulated other comprehensive loss(10)(12)(11)(9)(7)(8)(2)
Other undisclosed stockholders' equity(375)(116)3274127227606
Total stockholders' equity:(385)(129)2266120219604
TOTAL LIABILITIES AND EQUITY:2,1281,8081,8582,0882,6892,7252,945

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
Revenues3,1482,2683,4533,4983,7643,5994,213
Revenue, net3,7643,5994,213
Cost of revenue
(Cost of Goods and Services Sold)
(3,005)(2,058)(3,001)(3,061)(3,266)(3,191)(3,618)
Gross profit:143210452437498408595
Operating expenses(204)(1)(199)(181)28(223)(293)
Other operating income (expense), net(8)(17)4    
Noninterest income, other operating income (17)4    
Other undisclosed operating loss(17)(265)(180)(133)(369)(225)(227)
Operating income (loss):(86)(72)76123158(40)75
Nonoperating expense(173)(76)(119)(173)(189)(297)(243)
Investment income, nonoperating(23)521034(10)(24)8
Interest and debt expense(1)(126)(2)(59)(183)(162)(47)
Other undisclosed income from continuing operations before equity method investments, income taxes     16247
Loss from continuing operations before equity method investments, income taxes:(259)(274)(45)(109)(215)(336)(168)
Other undisclosed income from continuing operations before income taxes1126259183  
Loss from continuing operations before income taxes:(259)(148)(43)(50)(31)(336)(168)
Income tax expense (benefit)(2)(1)(1)(1)0828
Loss from continuing operations:(260)(149)(44)(51)(31)(329)(139)
Loss from discontinued operations   (4)(73)  
Net loss available to common stockholders, diluted:(260)(149)(44)(55)(104)(329)(139)

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 loss:(260)(149)(44)(55)(104)(329)(139)
Other comprehensive income (loss)2(2)(2)(2)1(7)(15)
Comprehensive loss, net of tax, attributable to parent:(258)(151)(46)(57)(103)(335)(155)

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: