Dana Incorporated (DAN) financial statements (2021 and earlier)
Company profile
| Business Address |
3939 TECHNOLOGY DRIVE MAUMEE, OH 43537 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3714 - Motor Vehicle Parts and Accessories (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 investments | 580 | 508 | 510 | 643 | 737 | 953 | 1,290 | ||
| Cash and cash equivalents | 559 | 508 | 510 | 603 | 707 | 791 | 1,121 | ||
| Short-term investments | 21 | 40 | 30 | 162 | 169 | ||||
| Receivables | 1,432 | 1,305 | 1,243 | 1,166 | 831 | 788 | 901 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,149 | 1,193 | 1,031 | 969 | 638 | 625 | 654 | ||
| Inventory | 1,149 | 1,193 | 1,031 | 969 | 638 | 625 | 654 | ||
| Prepaid expense | 45 | ||||||||
| Disposal group, including discontinued operation | 7 | ||||||||
| Other current assets | 127 | 137 | 102 | 97 | 78 | 108 | 111 | ||
| Other undisclosed current assets | 19 | 21 | (47) | ||||||
| Total current assets: | 3,288 | 3,162 | 2,907 | 2,882 | 2,284 | 2,474 | 2,954 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 190 | 178 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 4,469 | 2,265 | 1,850 | 1,807 | 1,413 | 1,167 | 1,176 | ||
| Long-term investments and receivables | 152 | 182 | 208 | 163 | 150 | 150 | 204 | ||
| Long-term investments | 152 | 182 | 208 | 163 | 150 | 150 | 204 | ||
| Intangible assets, net (including goodwill) | 715 | 733 | 428 | 301 | 199 | 182 | 259 | ||
| Goodwill | 479 | 493 | 264 | 127 | 90 | 80 | 90 | ||
| Intangible assets, net (excluding goodwill) | 236 | 240 | 164 | 174 | 109 | 102 | 169 | ||
| Prepaid expense | 11 | ||||||||
| Restricted cash and investments | 3 | ||||||||
| Estimated insurance recoveries | 44 | ||||||||
| Deferred costs | 30 | ||||||||
| Deferred income tax assets | 611 | 580 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 169 | 120 | 80 | 71 | 226 | 353 | 337 | ||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | ✕ | 3 | ||||
| Other undisclosed noncurrent assets | (2,218) | 442 | 420 | 588 | (88) | ||||
| Total noncurrent assets: | 4,088 | 4,058 | 3,011 | 2,762 | 2,576 | 1,852 | 1,976 | ||
| TOTAL ASSETS: | 7,376 | 7,220 | 5,918 | 5,644 | 4,860 | 4,326 | 4,930 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,864 | 1,769 | 1,719 | 1,657 | 1,184 | 1,069 | 1,221 | ||
| Accounts payable | 1,331 | 1,255 | 1,217 | 1,165 | 819 | 712 | 791 | ||
| Accrued liabilities | 308 | 262 | 269 | 220 | 201 | 193 | 185 | ||
| Employee-related liabilities | 190 | 206 | 186 | 219 | 149 | 145 | 158 | ||
| Taxes payable | 35 | 46 | 47 | 53 | 15 | 19 | 62 | ||
| Interest and dividends payable | 25 | ||||||||
| Debt | 34 | 34 | 28 | 40 | 69 | 22 | 65 | ||
| Restructuring reserve | 9 | ||||||||
| Accrued environmental loss contingencies | 3 | ||||||||
| Disposal group, including discontinued operation | 5 | 21 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 9 | |||||
| Other liabilities | 53 | ||||||||
| Other undisclosed current liabilities | 43 | 42 | (120) | ||||||
| Total current liabilities: | 1,941 | 1,845 | 1,747 | 1,702 | 1,253 | 1,091 | 1,261 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,420 | 2,336 | 1,755 | 1,759 | 1,595 | 1,553 | 1,613 | ||
| Finance lease, liability | 24 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 154 | 140 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 2,266 | 2,172 | 1,755 | 1,759 | 1,595 | 1,553 | 1,613 | ||
| Liabilities, other than long-term debt | 847 | 764 | 874 | 1,022 | 770 | 851 | 1,050 | ||
| Accounts payable and accrued liabilities | 129 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | 33 | ||||||
| Liability, pension and other postretirement and postemployment benefits | 479 | 459 | 561 | 607 | 565 | 521 | 580 | ||
| Restructuring reserve | 12 | ||||||||
| Disposal group, including discontinued operation, liabilities | 2 | 17 | |||||||
| Other liabilities | 368 | 305 | 313 | 413 | 205 | 330 | 279 | ||
| Other undisclosed noncurrent liabilities | 154 | 140 | (174) | ||||||
| Total noncurrent liabilities: | 3,421 | 3,240 | 2,629 | 2,781 | 2,365 | 2,404 | 2,489 | ||
| Total liabilities: | 5,362 | 5,085 | 4,376 | 4,483 | 3,618 | 3,495 | 3,750 | ||
| Temporary equity, carrying amount | 180 | 167 | 100 | 47 | |||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,758 | 1,873 | 1,345 | 1,013 | 1,157 | 728 | 1,080 | ||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Treasury stock, value | (156) | (150) | (119) | (87) | (83) | (1) | (33) | ||
| Additional paid in capital | 2,408 | 2,386 | 2,368 | 2,354 | 2,327 | 2,311 | 2,640 | ||
| Accumulated other comprehensive loss | (1,026) | (987) | (1,362) | (1,342) | (1,284) | (1,174) | (997) | ||
| Retained earnings (accumulated deficit) | 530 | 622 | 456 | 86 | 195 | (410) | (532) | ||
| Stockholders' equity attributable to noncontrolling interest | 76 | 95 | 97 | 101 | 85 | 103 | 100 | ||
| Total stockholders' equity: | 1,834 | 1,968 | 1,442 | 1,114 | 1,242 | 831 | 1,180 | ||
| TOTAL LIABILITIES AND EQUITY: | 7,376 | 7,220 | 5,918 | 5,644 | 4,860 | 4,326 | 4,930 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,106 | 8,620 | 8,143 | 7,209 | 5,826 | 6,060 | 6,617 | |
| Revenue, net | ✕ | ✕ | ✕ | 7,209 | 5,826 | 6,060 | 6,617 | |
| Cost of revenue (Cost of Goods and Services Sold) | (6,485) | (7,489) | (6,986) | (6,147) | (4,982) | (5,211) | (5,672) | |
| Gross profit: | 621 | 1,131 | 1,157 | 1,062 | 844 | 849 | 945 | |
| Operating expenses | (506) | (802) | (572) | (536) | (440) | (452) | (666) | |
| Other operating income (expense), net | 22 | (25) | (29) | |||||
| Other nonrecurring (income) expense | (3) | 16 | 4 | |||||
| Other undisclosed operating income (loss) | (13) | (12) | 23 | (36) | ||||
| Operating income: | 124 | 292 | 579 | 490 | 404 | 397 | 279 | |
| Nonoperating income (expense) | 9 | 10 | 11 | 11 | (61) | 9 | 43 | |
| Investment income, nonoperating | 9 | 10 | 11 | 11 | (67) | 18 | 15 | |
| Foreign currency transaction gain (loss), before tax | (3) | (20) | 11 | |||||
| Other nonoperating income | 9 | 11 | 17 | |||||
| Interest and debt expense | (146) | (131) | (96) | (121) | (130) | (115) | (137) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | 1 | 75 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (13) | 171 | 494 | 380 | 215 | 292 | 260 | |
| Income (loss) from equity method investments | 20 | 30 | 24 | 19 | 14 | (34) | 13 | |
| Income from continuing operations before income taxes: | 7 | 201 | 518 | 399 | 229 | 258 | 273 | |
| Income tax expense (benefit) | (58) | 32 | (78) | (283) | 424 | (82) | 70 | |
| Income (loss) from continuing operations: | (51) | 233 | 440 | 116 | 653 | 176 | 343 | |
| Income (loss) from discontinued operations | 4 | (15) | ||||||
| Net income (loss): | (51) | 233 | 440 | 116 | 653 | 180 | 328 | |
| Net income (loss) attributable to noncontrolling interest | 20 | (7) | (13) | (5) | (13) | (21) | (9) | |
| Net income (loss) attributable to parent: | (31) | 226 | 427 | 111 | 640 | 159 | 319 | |
| Preferred stock dividends and other adjustments | (7) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (6) | |||||||
| Net income (loss) available to common stockholders, basic: | (31) | 226 | 427 | 105 | 640 | 159 | 312 | |
| Other undisclosed net income available to common stockholders, diluted | 7 | |||||||
| Net income (loss) available to common stockholders, diluted: | (31) | 226 | 427 | 105 | 640 | 159 | 319 | |
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 (loss): | (51) | 233 | 440 | 116 | 653 | 180 | 328 | |
| Other comprehensive income (loss) | (29) | 376 | (30) | (48) | (112) | (181) | (274) | |
| Comprehensive income (loss): | (80) | 609 | 410 | 68 | 541 | (1) | 54 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (11) | (17) | (5) | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 9 | (8) | (1) | (15) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (71) | 601 | 409 | 53 | 530 | (18) | 49 | |
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.