Covidien PLC (COV) financial statements (2020 and earlier)

Company profile

Business Address 20 ON HATCH
DUBLIN, DUBLIN 2
State of Incorp.
Fiscal Year End September 30
SIC 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
TTM
9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,5671,868
Cash and cash equivalents 1,5671,868
Receivables 1,5321,526
Inventory, net of allowances, customer advances and progress billings 1,4081,352
Inventory 1,4081,352
Derivative instruments and hedges, assets 70 
Income taxes receivable5562
Other undisclosed current assets 8221,059
Total current assets: 5,4545,867
Noncurrent Assets
Property, plant and equipment 2,0242,012
Intangible assets, net (including goodwill) 12,13310,859
Goodwill 8,8518,172
Intangible assets, net (excluding goodwill) 3,2822,687
Other noncurrent assets 810805
Other undisclosed noncurrent assets 280375
Total noncurrent assets: 15,24714,051
TOTAL ASSETS: 20,70119,918
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,1991,616
Accounts payable 501501
Employee-related liabilities 495426
Taxes payable 203689
Debt 1,00911
Derivative instruments and hedges, liabilities 8 
Deferred tax liabilities 125
Other liabilities 1,7181,586
Other undisclosed current liabilities (658)(579)
Total current liabilities: 3,2882,639
Noncurrent Liabilities
Long-term debt and lease obligation, including: 4,0355,018
Other undisclosed long-term debt and lease obligation 4,0355,018
Liabilities, other than long-term debt 2,7362,461
Accrued income taxes9871,147
Deferred tax liabilities, net 679605
Restructuring reserve 3313
Other liabilities 1,037696
Other undisclosed noncurrent liabilities 522558
Total noncurrent liabilities: 7,2938,037
Total liabilities: 10,58110,676
Temporary equity, carrying amount 60 
Stockholders' equity
Stockholders' equity attributable to parent 10,0609,242
Common stock 9197
Treasury stock, value (139)(2,210)
Additional paid in capital 7,8427,549
Accumulated other comprehensive income 145292
Retained earnings 2,1213,514
Total stockholders' equity: 10,0609,242
TOTAL LIABILITIES AND EQUITY: 20,70119,918

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

12/31/2014
TTM
9/30/2014
9/30/2013
Revenues
(Revenue, Net)
 10,65910,235
Cost of revenue
(Cost of Goods and Services Sold)
 (4,332)(4,150)
Gross profit: 6,3276,085
Operating expenses (4,648)(4,175)
Other undisclosed operating income 313222
Operating income: 1,9922,132
Nonoperating income (expense) (14)5
Investment income, nonoperating 1516
Foreign currency transaction loss, before tax (49)(32)
Other nonoperating income 2089
Interest and debt expense (204)(228)
Other undisclosed income from continuing operations before equity method investments, income taxes 49120
Income from continuing operations before income taxes: 1,8232,029
Income tax expense (161)(429)
Net income: 1,6621,600
Other undisclosed net income attributable to parent  100
Net income available to common stockholders, diluted: 1,6621,700

Comprehensive Income ($ in millions)

12/31/2014
TTM
9/30/2014
9/30/2013
Net income: 1,6621,600
Comprehensive income: 1,6621,600
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (147)72
Comprehensive income, net of tax, attributable to parent: 1,5151,672

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: