Darling Ingredients Inc. (DAR) financial statements (2020 and earlier)

Company profile

Business Address 5601 N MACARTHUR BLVD
IRVING, TX 75038
State of Incorp. DE
Fiscal Year End December 31
SIC 207 - Fats And Oils (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
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 investments69107107115157109871
Cash and cash equivalents69107107115157109871
Restricted cash and investments000000 
Receivables360392396396383432113
Inventory, net of allowances, customer advances and progress billings35334135833134540265
Inventory35334135833134540265
Prepaid expense463538303645 
Income taxes receivable15
Other current assets 225722102147
Other undisclosed current assets25    4518
Total current assets:8548989568939321,0541,128
Noncurrent Assets
Operating lease, right-of-use asset119
Property, plant and equipment1,7151,6881,6461,5161,5081,574667
Long-term investments and receivables448410302293247203115
Long-term investments448410302293247203115
Intangible assets, net (including goodwill)1,7501,8251,9781,9382,0152,2531,290
Goodwill1,2121,2291,3011,2261,2331,320702
Intangible assets, net (excluding goodwill)537596677712782932589
Deferred income tax assets14
Other noncurrent assets46536244717145
Defined benefit plan, assets for plan benefits   0
Deferred tax assets, net1514151616 
Other undisclosed noncurrent assets      (0)
Total noncurrent assets:4,0913,9914,0023,8053,8584,1172,117
TOTAL ASSETS:4,9454,8894,9584,6984,7905,1713,244
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities500529531424390547156
Accounts payable192219217181150169 
Accrued liabilities297309314243240256113
Employee-related liabilities     9339
Taxes payable10    164
Interest and dividends payable     14 
Debt6171623485523
Deferred tax liabilities    1 
Other undisclosed current liabilities3541256(118)(2)
Total current liabilities:596540559452444484177
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,5601,6671,6981,7281,9132,099875
Long-term debt, excluding current maturities    1,9132,098867
Capital lease obligations 00 18
Operating lease, liability84
Other undisclosed long-term debt and lease obligation1,4761,6671,6981,727   
Liabilities, other than long-term debt333346373442458607191
Pension and other postretirement defined benefit plans, liabilities11
Accounts payable and accrued liabilities     4 
Deferred tax liabilities, net231267346361423139
Deferred income tax liabilities219
Liability, pension and other postretirement and postemployment benefits     66
Other liabilities113115106969811541
Other undisclosed noncurrent liabilities84    (71)(19)
Total noncurrent liabilities:1,9762,0132,0712,1702,3712,6361,046
Total liabilities:2,5722,5542,6312,6222,8153,1201,223
Stockholders' equity
Stockholders' equity attributable to parent2,3082,2732,2451,9731,8711,9532,021
Common stock2222222
Treasury stock, value(65)(48)(44)(41)(34)(23)(13)
Additional paid in capital1,5571,5361,5161,4991,4891,4801,454
Accumulated other comprehensive loss(343)(305)(210)(340)(336)(177)(29)
Retained earnings1,1571,088981853750672608
Stockholders' equity attributable to noncontrolling interest64638310310498 
Total stockholders' equity:2,3732,3362,3282,0761,9752,0512,021
TOTAL LIABILITIES AND EQUITY:4,9454,8894,9584,6984,7905,1713,244

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues3,3583,3883,6623,3983,3973,9561,724
Revenue, net3,6623,3983,3973,9561,724
Cost of revenue(2,616)(2,658)(2,876)(2,642)(2,663)(3,150)(1,261)
Cost of goods and services sold(2,612)(2,647)(2,876)(2,642)(2,654)(3,123)(1,261)
Gross profit:741729786756734806462
Operating expenses(630)(634)(650)(604)(591)(642)(293)
Other undisclosed operating income32      
Operating income:14495137152143165170
Nonoperating expense(133)(136)(101)(100)(117)(149)(14)
Foreign currency transaction gain (loss), before tax(1)(6)(7)(2)(5)(14)28
Other nonoperating income (expense)(7)(8)(5)(4)(7)0(4)
Interest and debt expense(29)(24)(1)(1)(11)(140)(38)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(12)     46
Income (loss) from continuing operations before equity method investments, income taxes:(31)(65)355215(124)164
Income from equity method investments159159297073668
Other undisclosed income from continuing operations before income taxes24241111140 
Income from continuing operations before income taxes:152118641239981171
Income tax expense (benefit)(32)(12)69(15)(14)(13)(55)
Net income:1201061331078568117
Net loss attributable to noncontrolling interest(9)(4)(5)(5)(7)(4) 
Other undisclosed net loss attributable to parent      (8)
Net income available to common stockholders, diluted:1111011281027964109

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1201061331078568117
Other comprehensive income (loss)(65)(91)127(6)(156)(148)2
Comprehensive income (loss):5515260101(71)(79)119
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(10)(4)(1)(3)(9)6 
Other undisclosed comprehensive loss, net of tax, attributable to parent      (8)
Comprehensive income (loss), net of tax, attributable to parent:451125998(80)(73)111

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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