Core-Mark Holding Company, Inc. (CORE) financial statements (2020 and earlier)
Company profile
| Business Address |
1500 SOLANA BLVD. WESTLAKE, TX 76262 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 5141 - Groceries, General Line (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 investments | 26 | 27 | 42 | 26 | 13 | 14 | 11 | ||
| Cash and cash equivalents | 26 | 27 | 42 | 26 | 13 | 14 | 11 | ||
| Restricted cash and investments | 15 | 9 | 13 | ||||||
| Receivables | 540 | 493 | 537 | 472 | 342 | 308 | 235 | ||
| Inventory, net of allowances, customer advances and progress billings | 870 | 689 | 689 | 597 | 407 | 418 | 389 | ||
| Inventory | 870 | 689 | 689 | 597 | 407 | 418 | 389 | ||
| Prepaid expense | 19 | 45 | 24 | 20 | 12 | 14 | |||
| Deposits current assets | 8 | 8 | 9 | 5 | 4 | 5 | |||
| Deferred tax assets | ✕ | 5 | 2 | 8 | 2 | ||||
| Other undisclosed current assets | 96 | 52 | 56 | 51 | 41 | 26 | 109 | ||
| Total current assets: | 1,532 | 1,288 | 1,375 | 1,198 | 837 | 804 | 765 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 209 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Nontrade receivables | 17 | ✕ | |||||||
| Property, plant and equipment | 240 | 229 | 249 | 195 | 160 | 149 | 115 | ||
| Intangible assets, net (including goodwill) | 120 | 124 | 132 | 78 | 52 | 46 | 44 | ||
| Goodwill | 73 | 73 | 73 | 36 | 23 | 23 | 23 | ||
| Intangible assets, net (excluding goodwill) | 47 | 51 | 59 | 42 | 30 | 23 | 21 | ||
| Regulated entity, other noncurrent assets | 1 | 1 | |||||||
| Deposits noncurrent assets | 4 | 4 | |||||||
| Other noncurrent assets | 30 | 25 | 26 | 27 | 28 | 31 | 33 | ||
| Other undisclosed noncurrent assets | (22) | (5) | |||||||
| Total noncurrent assets: | 598 | 378 | 407 | 299 | 240 | 226 | 192 | ||
| TOTAL ASSETS: | 2,129 | 1,666 | 1,783 | 1,497 | 1,077 | 1,030 | 957 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 432 | 334 | 295 | 251 | 237 | 262 | 141 | ||
| Accounts payable | 274 | 200 | 170 | 119 | 130 | 128 | 109 | ||
| Accrued liabilities | 158 | 134 | 125 | 132 | 107 | 93 | |||
| Employee-related liabilities | 33 | 26 | |||||||
| Taxes payable | 7 | 6 | |||||||
| Debt | 89 | 53 | 48 | 40 | 31 | 31 | 23 | ||
| Self insurance reserve | 14 | 13 | 11 | 10 | 9 | 8 | |||
| Deferred tax liabilities | ✕ | 0 | 0 | 0 | 3 | ||||
| Other undisclosed current liabilities | 231 | 280 | 288 | 247 | 181 | 137 | 231 | ||
| Total current liabilities: | 752 | 681 | 645 | 549 | 460 | 439 | 406 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 536 | 346 | 513 | 348 | 60 | 68 | 58 | ||
| Finance lease, liability | 48 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | 26 | 25 | 12 | 13 | 12 | |||
| Operating lease, liability | 181 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 307 | 320 | 488 | 336 | 47 | 56 | 58 | ||
| Liabilities, other than long-term debt | 34 | 34 | 32 | 58 | 49 | 45 | 42 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5 | ||
| Deferred tax liabilities, net | ✕ | 30 | 19 | 16 | 13 | ||||
| Deferred income tax liabilities | 28 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 2 | 2 | 8 | 6 | ✕ | ||||
| Other liabilities | 6 | 15 | 14 | 12 | 11 | 12 | 13 | ||
| Self insurance reserve | 19 | 16 | 14 | 12 | 11 | 11 | |||
| Other undisclosed noncurrent liabilities | 216 | 38 | 38 | 13 | 14 | 17 | 17 | ||
| Total noncurrent liabilities: | 786 | 418 | 583 | 418 | 124 | 130 | 117 | ||
| Total liabilities: | 1,538 | 1,099 | 1,227 | 967 | 583 | 568 | 523 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 592 | 567 | 555 | 530 | 494 | 461 | 434 | ||
| Common stock | 1 | 1 | 1 | 1 | 0 | 0 | 0 | ||
| Treasury stock, value | (99) | (91) | (75) | (71) | (62) | (53) | (45) | ||
| Additional paid in capital | 288 | 283 | 277 | 276 | 272 | 264 | 255 | ||
| Accumulated other comprehensive loss | (6) | (8) | (2) | (14) | (16) | (12) | (6) | ||
| Retained earnings | 408 | 382 | 355 | 339 | 300 | 261 | 230 | ||
| Total stockholders' equity: | 592 | 567 | 555 | 530 | 494 | 461 | 434 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,129 | 1,666 | 1,783 | 1,497 | 1,077 | 1,030 | 957 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 13,105 | 12,895 | 15,688 | 14,529 | 11,069 | 10,280 | 9,768 | |
| Revenue, net | ✕ | ✕ | 15,688 | 14,529 | 11,069 | 10,280 | 9,768 | |
| Cost of revenue (Cost of Goods and Services Sold) | (15,695) | (15,528) | (14,896) | (13,793) | (10,432) | (9,706) | (9,231) | |
| Other undisclosed gross profit | 3,500 | 3,500 | ||||||
| Gross profit: | 911 | 868 | 792 | 737 | 638 | 574 | 537 | |
| Operating expenses | (826) | (796) | (754) | (647) | (551) | (505) | (468) | |
| Operating income: | 85 | 72 | 38 | 90 | 87 | 68 | 69 | |
| Nonoperating income (expense) | 1 | 2 | 2 | 1 | (1) | 1 | 1 | |
| Investment income, nonoperating | 0 | 0 | 1 | 1 | 1 | |||
| Foreign currency transaction gain (loss), before tax | 1 | 2 | 2 | 1 | (2) | (0) | ||
| Interest and debt expense | (14) | (14) | (11) | (5) | (3) | (2) | (3) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1) | |||||||
| Income from continuing operations before income taxes: | 72 | 60 | 28 | 86 | 83 | 66 | 66 | |
| Income tax expense (benefit) | (18) | (14) | 5 | (31) | (31) | (24) | (24) | |
| Net income available to common stockholders, diluted: | 54 | 46 | 34 | 54 | 52 | 43 | 42 | |
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: | 54 | 46 | 34 | 54 | 52 | 43 | 42 | |
| Other comprehensive income (loss) | (6) | 0 | (5) | (6) | ||||
| Other undisclosed comprehensive loss | (6) | |||||||
| Comprehensive income: | 48 | 40 | 34 | 54 | 47 | 37 | 42 | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 4 | 12 | 2 | 1 | ||||
| Comprehensive income, net of tax, attributable to parent: | 52 | 40 | 46 | 56 | 47 | 37 | 43 | |
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.