Convergys Corp (CVG) financial statements (2020 and earlier)

Company profile

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

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

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 investments207151217212664639
Cash and cash equivalents194139205199581555
Short-term investments141212138384
Receivables567555536511320320
Prepaid expense3639382925
Prepaid expense and other current assets99
Assets held-for-sale 35
Other current assets4740323246
Other undisclosed current assets   10769
Total current assets:8587858238911,0601,101
Noncurrent Assets
Property, plant and equipment260304329368246279
Intangible assets, net (including goodwill)1,2251,2251,1481,206610597
Goodwill938917830851589578
Intangible assets, net (excluding goodwill)2873083183552019
Regulated entity, other noncurrent assets11    
Other noncurrent assets5141434431
Prepaid expense and other noncurrent assets42
Other undisclosed noncurrent assets2016158919
Total noncurrent assets:1,5571,5871,5351,626896937
TOTAL ASSETS:2,4152,3722,3582,5171,9572,038
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:322346335361292286
Accounts payable415448403151
Accrued liabilities646469856986
Employee-related liabilities132132141156  
Taxes payable424424352221
Other undisclosed accounts payable and accrued liabilities44525445170128
Debt123811
Derivative instruments and hedges, liabilities   21216
Restructuring reserve   4
Deferred tax liabilities   1372
Other undisclosed current liabilities   (26)(59)(8)
Total current liabilities:323348338369293287
Noncurrent Liabilities
Long-term debt and lease obligation2682973373686060
Long-term debt, excluding current maturities2682973373686060
Liabilities, other than long-term debt387350343548366374
Pension and other postretirement defined benefit plans, liabilities74109
Deferred tax liabilities, net223198176276151137
Liability for uncertainty in income taxes   605254
Liability, pension and other postretirement and postemployment benefits958092117
Other liabilities707275969074
Other undisclosed noncurrent liabilities   (60)(52)(54)
Total noncurrent liabilities:655647681857375380
Total liabilities:9789951,0191,225667666
Stockholders' equity
Stockholders' equity attributable to parent1,3781,3161,2761,2271,2901,372
Common stock31,1101,0961,0781,1401,133
Treasury stock, value(16)(1,635)(1,564)(1,491)(1,446)(1,329)
Accumulated other comprehensive loss(67)(114)(102)(67)(20)(11)
Retained earnings1,4581,9551,8461,7081,6151,579
Total stockholders' equity:1,3781,3161,2761,2271,2901,372
Other undisclosed liabilities and equity60616364  
TOTAL LIABILITIES AND EQUITY:2,4152,3722,3582,5171,9572,038

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues2,7922,9142,9512,8562,0462,005
Cost of revenue(1,735)(1,866)(1,878)(1,815)(1,335)(1,290)
Gross profit:1,0571,0481,0731,041711716
Operating expenses(722)(686)(699)(853)(574)(631)
Other undisclosed operating loss(138)(157)(180)(38) (46)
Operating income:19720519415113739
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
1(1)1(2)54
Interest and debt expense(18)(18)(18)(19)(12)(14)
Income from continuing operations before income taxes:18018617712913129
Income tax expense(58)(53)(9)(13)(73)(1)
Income from continuing operations:1211331681175928
Income from discontinued operations 1014272
Net income available to common stockholders, basic:12114316912061101
Other undisclosed net loss available to common stockholders, diluted (10)(1)(4)(2)(72)
Net income available to common stockholders, diluted:1211331681175928

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:12114316912061101
Other comprehensive income (loss)47(12)(35)(47)(9)36
Comprehensive income, net of tax, attributable to parent:1691311347352137

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: