SPX FLOW, Inc. (FLOW) financial statements (2021 and earlier)

Company profile

Business Address 13320 BALLANTYNE CORPORATE PLACE
CHARLOTTE, NC 28277
State of Incorp. DE
Fiscal Year End December 31
SIC 354 - Metalworking Machinery And Equipment (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments442299213264215296
Cash and cash equivalents442299213264215296
Receivables233243376439447484
Inventory, net of allowances, customer advances and progress billings199208305294272305
Inventory199208305294272305
Contract with customer, asset242769
Disposal group, including discontinued operation 464    
Other current assets273244507372
Total current assets:9251,2741,0071,0471,0071,157
Noncurrent Assets
Finance lease, right-of-use asset 1
Operating lease, right-of-use asset 49
Property, plant and equipment37222336361377432
Intangible assets, net (including goodwill)7767531,0571,1221,0671,603
Goodwill5705457447717231,023
Intangible assets, net (excluding goodwill)206208312350344579
Other noncurrent assets170180152160152117
Other undisclosed noncurrent assets(144)158    
Total noncurrent assets:1,1731,1641,5441,6421,5962,152
TOTAL ASSETS:2,0992,4372,5522,6892,6033,309
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities351350427631545726
Accounts payable149143204219204227
Accrued liabilities179162195390330467
Taxes payable234528221132
Deferred revenue120116
Debt132147454838
Disposal group, including discontinued operation 221    
Contract with customer, liability175
Total current liabilities:483707649675592764
Noncurrent Liabilities
Long-term debt and lease obligation, including:3976947228511,061999
Long-term debt, excluding current maturities397     
Finance lease, liability01
Capital lease obligations1011159
Operating lease, liability3640
Other undisclosed long-term debt and lease obligation(37)6537138401,046990
Liabilities, other than long-term debt118115113126126134
Accounts payable and accrued liabilities001111
Other liabilities118115112126126133
Other undisclosed noncurrent liabilities3628836262141
Total noncurrent liabilities:5518379181,0401,2491,274
Total liabilities:1,0341,5441,5671,7151,8412,039
Temporary equity, carrying amount320222220 
Stockholders' equity
Stockholders' equity attributable to parent1,0618629539427411,259
Common stock000000
Treasury stock, value(46)(19)(14)(9)(5)(1)
Additional paid in capital1,6971,6771,6631,6511,6401,622
Accumulated other comprehensive loss(226)(427)(431)(373)(521)(383)
Retained earnings (accumulated deficit)(363)(369)(266)(328)(374)21
Stockholders' equity attributable to noncontrolling interest(1)111010212
Total stockholders' equity:1,0618739639527421,271
TOTAL LIABILITIES AND EQUITY:2,0992,4372,5522,6892,6033,309

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,3511,5072,0901,9521,9962,389
Revenue, net1,9521,9962,389
Cost of revenue
(Cost of Goods and Services Sold)
(882)(986)(1,434)(1,335)(1,371)(1,596)
Gross profit:469520656616625792
Operating expenses(385)(405)(488)(497)(1,010)(647)
Other undisclosed operating loss(3)     
Operating income (loss):81116168119(385)146
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
10(1)(6)1(1)10
Interest and debt expense(11)   (39) 
Other undisclosed loss from continuing operations before equity method investments, income taxes(30)(30)(47)(63)(57)(18)
Income (loss) from continuing operations before income taxes:508611658(482)137
Income tax expense (benefit)(6)(29)(71)(11)101(50)
Income (loss) from continuing operations:43574547(381)87
Loss from discontinued operations(37)(150)    
Net income (loss):7(93)4547(381)87
Net income (loss) attributable to noncontrolling interest(1)(2)(1)(0)(1)0
Net income (loss) available to common stockholders, diluted:6(95)4446(382)88

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):7(93)4547(381)87
Other comprehensive income (loss)2004(51)149(140)(165)
Comprehensive income (loss):207(89)(6)196(521)(78)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(2)(0)(1)02
Comprehensive income (loss), net of tax, attributable to parent:206(91)(7)195(521)(76)

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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