Convergys Corp (CVG) Financial Statements (2023 and earlier)

Company Profile

Business Address 201 EAST FOURTH STREET
CINCINNATI, OH 45202
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments151217212664639
Cash and cash equivalents139205199581555
Short-term investments1212138384
Receivables555536511320320
Prepaid expense39382925✕
Prepaid expense and other current assets✕✕✕✕✕99
Assets held-for-sale✕✕✕✕ 35
Other current assets40323246✕
Other undisclosed current assets   10769
Total current assets:7858238911,0601,101
Noncurrent Assets
Property, plant and equipment304329368246279
Intangible assets, net (including goodwill)1,2251,1481,206610597
Goodwill917830851589578
Intangible assets, net (excluding goodwill)3083183552019
Regulated entity, other noncurrent assets1    
Other noncurrent assets41434431✕
Prepaid expense and other noncurrent assets✕✕✕✕✕42
Other undisclosed noncurrent assets16158919
Total noncurrent assets:1,5871,5351,626896937
TOTAL ASSETS:2,3722,3582,5171,9572,038
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:346335361292286
Taxes payable4424352221
Employee-related liabilities132141156  
Accounts payable5448403151
Accrued liabilities6469856986
Other undisclosed accounts payable and accrued liabilities525445170128
Debt23811
Derivative instruments and hedges, liabilities   21216
Restructuring reserve   4✕✕
Deferred tax liabilities   1372
Other undisclosed current liabilities   (26)(59)(8)
Total current liabilities:348338369293287
Noncurrent Liabilities
Long-term debt and lease obligation2973373686060
Long-term debt, excluding current maturities2973373686060
Liabilities, other than long-term debt350343548366374
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕74109
Deferred tax liabilities, net198176276151137
Liability for uncertainty in income taxes   605254
Liability, pension and other postretirement and postemployment benefits8092117✕✕
Other liabilities7275969074
Other undisclosed noncurrent liabilities   (60)(52)(54)
Total noncurrent liabilities:647681857375380
Total liabilities:9951,0191,225667666
Equity
Equity, attributable to parent1,3161,2761,2271,2901,372
Common stock1,1101,0961,0781,1401,133
Treasury stock, value(1,635)(1,564)(1,491)(1,446)(1,329)
Accumulated other comprehensive loss(114)(102)(67)(20)(11)
Retained earnings1,9551,8461,7081,6151,579
Total equity:1,3161,2761,2271,2901,372
Other undisclosed liabilities and equity616364  
TOTAL LIABILITIES AND EQUITY:2,3722,3582,5171,9572,038

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues2,9142,9512,8562,0462,005
Cost of revenue(1,866)(1,878)(1,815)(1,335)(1,290)
Gross profit:1,0481,0731,041711716
Operating expenses(686)(699)(853)(574)(631)
Other undisclosed operating loss(157)(180)(38) (46)
Operating income:20519415113739
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		(1)1(2)54
Interest and debt expense(18)(18)(19)(12)(14)
Income from continuing operations before income taxes:18617712913129
Income tax expense(53)(9)(13)(73)(1)
Income from continuing operations:1331681175928
Income before gain (loss) on sale of properties:14316912061101
Income from discontinued operations 1014272
Net income available to common stockholders, basic:14316912061101
Other undisclosed net loss available to common stockholders, diluted (10)(1)(4)(2)(72)
Net income available to common stockholders, diluted:1331681175928

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:14316912061101
Other comprehensive income (loss)(12)(35)(47)(9)36
Comprehensive income, net of tax, attributable to parent:1311347352137

Statements Sources

The financial statements are based on the Company's filings with 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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