Crane Co. (CR) financial statements (2020 and earlier)

Company profile

Business Address CRANE CO.
STAMFORD, CT 06902
State of Incorp. DE
Fiscal Year End December 31
SIC 349 - Miscellaneous Fabricated Metal Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
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 investments394343706510364346271
Cash and cash equivalents394343706510364346271
Receivables555516418396398411438
Inventory, net of allowances, customer advances and progress billings457412349343377370369
Inventory457412349343377370369
Prepaid expense and other current assets18
Other current assets807620201815 
Other undisclosed current assets14162548485454
Total current assets:1,5001,3631,5191,3161,2041,1951,149
Noncurrent Assets
Operating lease, right-of-use asset113
Property, plant and equipment616599282279276290305
Intangible assets, net (including goodwill)1,9781,8861,4841,4311,4851,5451,658
Goodwill1,4721,4041,2071,1491,1681,1911,249
Intangible assets, net (excluding goodwill)505482277282317353409
Other noncurrent assets2111011159510698 
Prepaid expense and other noncurrent assets112
Other undisclosed noncurrent assets694194307271323335
Total noncurrent assets:2,9242,6802,0752,1122,1382,2562,411
TOTAL ASSETS:4,4244,0433,5943,4283,3423,4513,560
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities702667503450448542547
Accounts payable311329247223223229230
Accrued liabilities378337252223219226223
Employee-related liabilities     8192
Taxes payable13144662
Debt14972492473129154
Deferred tax liabilities  0001
Other undisclosed current liabilities6566854752(31)(32)
Total current liabilities:917740838521573640669
Noncurrent Liabilities
Long-term debt and lease obligation934942494745749749749
Long-term debt, excluding current maturities842942494745749749749
Operating lease, liability92
Liabilities, other than long-term debt, including:60627666646769
Pension and other postretirement defined benefit plans, liabilities151
Deferred tax liabilities, net534542504676
Liability, pension and other postretirement and postemployment benefits298244241249235278
Accrued environmental loss contingencies3622   6421
Other liabilities1888510810011313289
Other undisclosed liabilities, other than long-term debt(462)(342)(317)(326)(334)(453)(268)
Other undisclosed noncurrent liabilities1,037771838950805923858
Total noncurrent liabilities:2,0311,7751,4081,7621,6181,7401,676
Total liabilities:2,9472,5162,2452,2822,1912,3802,345
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4741,5241,3451,1341,1391,0601,204
Common stock72727272727272
Treasury stock, value(543)(476)(452)(459)(494)(485)(451)
Additional paid in capital316304292  249229
Accumulated other comprehensive loss(484)(448)(380)(476)(377)(299)(49)
Retained earnings2,1122,0721,8131,7201,6741,5221,403
Other undisclosed stockholders' equity attributable to parent   277264  
Stockholders' equity attributable to noncontrolling interest33312111110
Total stockholders' equity:1,4761,5271,3491,1461,1511,0711,215
TOTAL LIABILITIES AND EQUITY:4,4244,0433,5943,4283,3423,4513,560

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues3,2833,3462,7862,7482,7412,9252,595
Revenue, net2,7862,7482,7412,9252,595
Cost of revenue(2,104)(1)(2)(6)(3)(1,912)(1,712)
Cost of goods and services sold(2,104)    (1,909)(1,712)
Provision for loan, lease, and other losses (1)
Financial services costs(2)(6)(3)(4) 
Other undisclosed gross profit (2,155)(1,769)(1,752)(1,783)4 
Gross profit:1,1791,1891,0159909541,016884
Operating expenses(740)(2,904)(2,384)(2,548)(2,368)(2,609)(2,247)
Other undisclosed operating income (loss)(229)2,1561,7711,7581,7861,9091,712
Operating income:210441402200373316348
Nonoperating expense(40)(30)(34)(36)(36)(35)(22)
Other nonoperating income (expense)419(1)(2)(1)23
Interest and debt expense(47)(51)(36)(37)(38)(39)(26)
Other undisclosed income from continuing operations before equity method investments, income taxes47513637383926
Income from continuing operations before income taxes:171411368164337281326
Income tax expense(37)(76)(195)(40)(107)(88)(105)
Net income:134336173124230194221
Net income (loss) attributable to noncontrolling interest(0)0(1)(1)(1)(1)(1)
Net income available to common stockholders, diluted:133336172123229193220

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:134336173124230194221
Other comprehensive income (loss)(36)(68)96(100)(79)(251)79
Comprehensive income (loss):9726826924152(57)300
Comprehensive income (loss), net of tax, attributable to noncontrolling interest00(1)(1)(1)(1)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (3)
Comprehensive income (loss), net of tax, attributable to parent:9826826823150(58)299

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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