Genuine Parts Company (GPC) financial statements (2021 and earlier)

Company profile

Business Address 2999 WILDWOOD PARKWAY
ATLANTA, GA 30339
State of Incorp. GA
Fiscal Year End December 31
SIC 5013 - Motor Vehicle Supplies and New Parts (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  334315243212138
Cash and cash equivalents  334315243212138
Receivables1,5572,6352,4942,4221,9391,8221,872
Inventory, net of allowances, customer advances and progress billings3,5063,8313,6093,7713,2103,0003,044
Inventory3,5063,8313,6093,7713,2103,0003,044
Deferred tax assets    30
Other undisclosed current assets2,0511,4721,139805557521508
Total current assets:7,1147,9397,5767,3135,9485,5555,593
Noncurrent Assets
Inventory, Noncurrent      67
Operating lease, right-of-use asset1,0391,076
Property, plant and equipment1,1621,2151,027937728648670
Intangible assets, net (including goodwill)3,4163,8623,5403,5541,5751,3621,387
Goodwill1,9172,2942,1292,154956841839
Intangible assets, net (excluding goodwill)1,4981,5691,4121,400619521548
Deferred costs      28
Deferred income tax assets6655
Other noncurrent assets644499510568476461452
Defined benefit plan, assets for plan benefits  4
Deferred tax assets, net   6873
Other undisclosed noncurrent assets  304013351(27)
Total noncurrent assets:6,3266,7075,1075,0992,9112,5892,654
TOTAL ASSETS:13,44014,64612,68312,4128,8598,1458,246
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,2424,2174,1013,9323,3223,0623,319
Accounts payable4,1284,1063,9963,6353,0812,8222,555
Accrued liabilities      511
Employee-related liabilities   198143148165
Interest and dividends payable11411110599989388
Debt161624711695325375265
Other liabilities1,4911,5531,088847598503 
Total current liabilities:5,8946,3945,9015,4744,2443,9413,584
Noncurrent Liabilities
Long-term debt and lease obligation3,3063,6282,4322,550550250500
Long-term debt, excluding current maturities2,5172,8022,4322,550550250500
Operating lease, liability789826
Liabilities, other than long-term debt1,022926680731810744859
Customer advances or deposits   81
Deferred income tax liabilities213233
Liability, pension and other postretirement and postemployment benefits265247234230342284330
Other liabilities544446446501468460448
Other undisclosed noncurrent liabilities031981934851(9)
Total noncurrent liabilities:4,3284,5563,3103,4741,4081,0451,350
Total liabilities:10,22210,9509,2118,9485,6524,9864,934
Stockholders' equity
Stockholders' equity attributable to parent3,2053,6753,4503,4123,1943,1473,301
Common stock144145146147148150153
Additional paid in capital117997868574126
Accumulated other comprehensive loss(1,037)(1,141)(1,115)(853)(1,013)(931)(720)
Retained earnings3,9804,5724,3414,0504,0023,8863,842
Stockholders' equity attributable to noncontrolling interest13212252141311
Total stockholders' equity:3,2183,6963,4723,4643,2073,1593,312
TOTAL LIABILITIES AND EQUITY:13,44014,64612,68312,4128,8598,1458,246

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
Revenues16,53719,39218,73516,30915,34015,28015,342
Revenue, net16,30915,34015,28015,342
Cost of revenue
(Cost of Goods and Services Sold)
(10,883)(13,076)(12,751)(11,402)(10,740)(10,724)(11,018)
Other undisclosed gross profit      270
Gross profit:5,6556,3165,9844,9064,6004,5564,594
Operating expenses(5,240)(5,414)(4,874)(3,887)(3,530)(3,431)(3,470)
Other undisclosed operating income     155 
Operating income:4159031,1101,0201,0701,2791,124
Nonoperating income (expense)(36)(72)(34)(10)5(1)(6)
Investment income, nonoperating      5
Other nonoperating income58666831262119
Interest and debt expense(94)(96)(102)(41)(21)(22)(25)
Income from continuing operations before equity method investments, income taxes:2867359749681,0531,2571,093
Other undisclosed income (loss) from continuing operations before income taxes94961024121(133)25
Income from continuing operations before income taxes:3798301,0761,0091,0741,1241,118
Income tax expense(216)(209)(265)(393)(387)(418)(406)
Income from continuing operations:163621810617687706711
Loss from discontinued operations(192)      
Net income (loss) available to common stockholders, diluted:(29)621810617687706711

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):(29)621810617687706711
Other comprehensive income (loss)10596(262)160(82)(210)(323)
Comprehensive income, net of tax, attributable to parent:76717548777605495389

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: