CommScope Holding Company, Inc. (COMM) financial statements (2020 and earlier)

Company profile

Business Address 1100 COMMSCOPE PLACE, SE
HICKORY, NC 28602
State of Incorp. DE
Fiscal Year End December 31
SIC 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
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 investments609458454428563729 
Cash and cash equivalents609458454428563729 
Receivables1,779810899952833612 
Inventory, net of allowances, customer advances and progress billings1,169473445473442367
Inventory1,169473445473442367 
Deferred tax assets    51 
Other undisclosed current assets24613614614016768 
Total current assets:3,8031,8781,9441,9942,0051,828 
Noncurrent Assets
Property, plant and equipment737451467475529289 
Long-term investments and receivables      3
Long-term investments      3
Intangible assets, net (including goodwill)10,2164,2044,5234,5674,8382,7131,422
Goodwill5,7232,8522,8872,7682,6911,452 
Intangible assets, net (excluding goodwill)4,4941,3521,6361,7992,1471,2611,422
Other noncurrent assets41898108106131126 
Defined benefit plan, assets for plan benefits  1 
Other undisclosed noncurrent assets     (1) 
Total noncurrent assets:11,3714,7535,0985,1485,4983,1281,425
TOTAL ASSETS:15,1746,6317,0427,1427,5034,9561,425
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,598691724845673633 
Accounts payable1,226399437416301178 
Accrued liabilities120291287429372289 
Employee-related liabilities167    122 
Taxes payable19    35 
Interest and dividends payable66    9 
Deferred revenue80
Debt93  13139 
Restructuring reserve25    6
Deferred revenue and credits   26 
Other undisclosed current liabilities244    (198) 
Total current liabilities:2,041691724858685476 
Noncurrent Liabilities
Long-term debt and lease obligation10,2723,9864,3694,5505,2312,699 
Long-term debt, excluding current maturities10,1013,9864,3694,5505,2312,699 
Operating lease, liability170
Liabilities, other than long-term debt552197301341364474 
Deferred tax liabilities, net83134199202340 
Liability, pension and other postretirement and postemployment benefits 1725323729
Other liabilities55297141110124104 
Other undisclosed noncurrent liabilities98      
Total noncurrent liabilities:10,9224,1834,6704,8905,5953,172 
Total liabilities:12,9634,8745,3945,7486,2803,648 
Temporary equity, carrying amount1,000      
Stockholders' equity
Stockholders' equity attributable to parent1,2111,7571,6481,3941,2231,308 
Common stock222222 
Treasury stock, value(234)(221)(206)(15)(11)(11) 
Additional paid in capital2,4252,3852,3342,2822,2162,141 
Accumulated other comprehensive loss(240)(159)(87)(285)(172)(84) 
Accumulated deficit(743)(250)(396)(590)(812)(742) 
Total stockholders' equity:1,2111,7571,6481,3941,2231,308 
TOTAL LIABILITIES AND EQUITY:15,1746,6317,0427,1427,5034,956 

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7,1044,5694,5614,9243,8083,830 
Revenue, net4,5614,9243,8083,830 
Cost of revenue(5,041)(2,880)(2,789)(2,890)(2,462)(2,432) 
Gross profit:2,0631,6881,7722,0341,3461,397 
Operating expenses(2,183)(1,238)(1,294)(1,416)(1,135)(801)(36)
Other undisclosed operating loss   (43)(29)(18) 
Operating income (loss):(120)450478575182577(36)
Nonoperating income (expense)(26)(37)(11)(25)(9)(79)19
Investment income, nonoperating187464519
Other nonoperating expense(43)(44)(15)(30)(13)(86) 
Interest and debt expense(479)(242)(257)(278)(235)(179) 
Income (loss) from continuing operations before equity method investments, income taxes:(625)171210273(62)320(18)
Other undisclosed loss from continuing operations before income taxes     (3) 
Income (loss) from continuing operations before income taxes:(625)171210273(62)317(18)
Income tax expense (benefit)108(30)(16)(50)(9)(80) 
Net income (loss) attributable to parent:(516)140194223(71)237(18)
Preferred stock dividends and other adjustments(27)      
Other undisclosed net loss available to common stockholders, basic(3)      
Net income (loss) available to common stockholders, diluted:(546)140194223(71)237(18)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(516)140194223(71)237(18)
Other comprehensive income (loss)(68)(73)199(113)(88)(57) 
Comprehensive income (loss), net of tax, attributable to parent:(584)68392109(159)180(18)

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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