Crane Co. (CR) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments551394343706510364346
Cash and cash equivalents551394343706510364346
Receivables433555516418396398411
Inventory, net of allowances, customer advances and progress billings438457412349343377370
Inventory438457412349343377370
Other current assets137807620201815
Other undisclosed current assets14141625484854
Total current assets:1,5741,5001,3631,5191,3161,2041,195
Noncurrent Assets
Operating lease, right-of-use asset 113
Property, plant and equipment600616599282279276290
Intangible assets, net (including goodwill)2,1291,9781,8861,4841,4311,4851,545
Goodwill1,6091,4721,4041,2071,1491,1681,191
Intangible assets, net (excluding goodwill)520505482277282317353
Deferred income tax assets15 
Other noncurrent assets1982111011159510698
Other undisclosed noncurrent assets73694194307271323
Total noncurrent assets:3,0152,9242,6802,0752,1122,1382,256
TOTAL ASSETS:4,5894,4244,0433,5943,4283,3423,451
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities614702667503450448542
Accounts payable218311329247223223229
Accrued liabilities396378337252223219226
Employee-related liabilities      81
Taxes payable01314466
Debt37614972492473129
Deferred tax liabilities  000
Other undisclosed current liabilities676566854752(31)
Total current liabilities:1,057917740838521573640
Noncurrent Liabilities
Long-term debt and lease obligation843934942494745749749
Long-term debt, excluding current maturities843842942494745749749
Operating lease, liability 92
Liabilities, other than long-term debt, including:555606276666467
Deferred tax liabilities, net5345425046
Deferred income tax liabilities54 
Liability, pension and other postretirement and postemployment benefits330298244241249235278
Accrued environmental loss contingencies 3622   64
Other liabilities17118885108100113132
Other undisclosed liabilities, other than long-term debt (462)(342)(317)(326)(334)(453)
Other undisclosed noncurrent liabilities6041,037771838950805923
Total noncurrent liabilities:2,0012,0311,7751,4081,7621,6181,740
Total liabilities:3,0582,9472,5162,2452,2822,1912,380
Stockholders' equity
Stockholders' equity attributable to parent, including:1,5291,4741,5241,3451,1341,1391,060
Common stock72727272727272
Treasury stock, value(601)(543)(476)(452)(459)(494)(485)
Additional paid in capital331316304292  249
Accumulated other comprehensive loss(466)(484)(448)(380)(476)(377)(299)
Retained earnings2,1932,1122,0721,8131,7201,6741,522
Other undisclosed stockholders' equity attributable to parent    277264 
Stockholders' equity attributable to noncontrolling interest2333121111
Total stockholders' equity:1,5311,4761,5271,3491,1461,1511,071
TOTAL LIABILITIES AND EQUITY:4,5894,4244,0433,5943,4283,3423,451

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,9373,2833,3462,7862,7482,7412,925
Revenue, net2,7862,7482,7412,925
Cost of revenue(1,931)(2,104)(1)(2)(6)(3)(1,912)
Cost of goods and services sold(1,931)(2,104)    (1,909)
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:1,0061,1791,1891,0159909541,016
Operating expenses(743)(740)(2,904)(2,384)(2,548)(2,368)(2,609)
Other undisclosed operating income (loss) (229)2,1561,7711,7581,7861,909
Operating income:263210441402200373316
Nonoperating expense(38)(40)(30)(34)(36)(36)(35)
Other nonoperating income (expense)15419(1)(2)(1)2
Interest and debt expense(55)(47)(51)(36)(37)(38)(39)
Other undisclosed income from continuing operations before equity method investments, income taxes55475136373839
Income from continuing operations before income taxes:225171411368164337281
Income tax expense(43)(37)(76)(195)(40)(107)(88)
Net income:181134336173124230194
Net income (loss) attributable to noncontrolling interest(0)(0)0(1)(1)(1)(1)
Net income available to common stockholders, diluted:181133336172123229193

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:181134336173124230194
Other comprehensive income (loss)17(36)(68)96(100)(79)(251)
Comprehensive income (loss):1989726826924152(57)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest100(1)(1)(1)(1)
Comprehensive income (loss), net of tax, attributable to parent:1989826826823150(58)

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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