FLIR Systems, Inc. (FLIR) financial statements (2021 and earlier)

Company profile

Business Address 27700 SW PARKWAY AVENUE
WILSONVILLE, OR 97070
State of Incorp. DE
Fiscal Year End December 31
SIC 3812 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments (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 investments298285512519361473531
Cash and cash equivalents298285512519361473531
Receivables354319324347352326355
Inventory, net of allowances, customer advances and progress billings472389352372371393321
Inventory472389352372371393321
Disposal group, including discontinued operation  267   
Other undisclosed current assets105117103828096133
Total current assets:1,2281,1091,2931,3871,1651,2881,339
Noncurrent Assets
Property, plant and equipment268256247264272273247
Long-term investments and receivables   33514
Long-term investments   33514
Intangible assets, net (including goodwill)1,6041,6121,0511,078970738687
Goodwill1,3941,365905910801596553
Intangible assets, net (excluding goodwill)210248147168168141133
Deferred income tax assets3640
Other noncurrent assets11612189601685361
Other undisclosed noncurrent assets  1011842(5)(14)
Total noncurrent assets:2,0242,0291,4891,4231,4551,063995
Other undisclosed assets     5520
TOTAL ASSETS:3,2523,1382,7812,8102,6202,4062,354
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities327286232279252235217
Accounts payable1581589510611414098
Accrued liabilities41414237344152
Employee-related liabilities99728171535562
Taxes payable291514645105
Deferred revenue 29
Debt1312  1526515
Disposal group, including discontinued operation   40   
Deferred revenue and credits26343228
Customer advances and deposits212634 
Other liabilities442716151768
Other undisclosed current liabilities54596815171342
Total current liabilities:438413316395362585310
Noncurrent Liabilities
Long-term debt and lease obligation72564842242150294358
Long-term debt, excluding current maturities72564842242150294358
Liabilities, other than long-term debt206205164154877888
Pension and other postretirement defined benefit plans, liabilities11
Accounts payable and accrued liabilities605680911010 
Accrued income taxes11
Contract with customer, liability14
Deferred tax liabilities, net   414
Deferred income tax liabilities4454
Liability, pension and other postretirement and postemployment benefits  3411  
Other liabilities102966760666452
Total noncurrent liabilities:931853586575588172446
Total liabilities:1,3691,266902970950757756
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8831,8711,8771,8351,6781,6501,610
Treasury stock, value(8)      
Accumulated other comprehensive loss(158)(166)(149)(113)(166)(125)(63)
Retained earnings2,0172,0212,0251,8571,8321,7731,672
Other undisclosed stockholders' equity attributable to parent32171911211
Total stockholders' equity:1,8831,8711,8771,8351,6781,6501,610
Other undisclosed liabilities and equity  26(9) (11)
TOTAL LIABILITIES AND EQUITY:3,2523,1382,7812,8102,6202,4062,354

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
Revenues1,9241,8871,7761,8001,6621,5571,531
Revenue, net1,8001,662  
Cost of revenue
(Cost of Goods and Services Sold)
(977)(958)(875)(942)(895)(804)(780)
Gross profit:947930900859767754750
Operating expenses(630)(656)(582)(569)(471)(448)(491)
Operating income:317273319290296306259
Nonoperating income (expense)4(4)56(2)145
Investment income, nonoperating1342111
Other nonoperating income (expense)4(6)14(3)133
Interest and debt expense(36)(28)(16)(17)(18)(14)(15)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (0)
Income from continuing operations before income taxes:285242307279276305250
Income tax expense(72)(70)(25)(172)(109)(64)(49)
Net income available to common stockholders, diluted:213172282107167242200

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:213172282107167242200
Other comprehensive income (loss)  (36)53(41)(62)(89)
Comprehensive income:213172247160126180111
Other undisclosed comprehensive income (loss), net of tax, attributable to parent8(17)     
Comprehensive income, net of tax, attributable to parent:221155247160126180111

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: