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)

12/31/2019
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 investments 334315243212138197
Cash and cash equivalents 334315243212138197
Receivables2,6352,4942,4221,9391,8221,8721,665
Inventory, net of allowances, customer advances and progress billings3,8313,6093,7713,2103,0003,0442,946
Inventory3,8313,6093,7713,2103,0003,0442,946
Deferred tax assets    30(22)
Other undisclosed current assets1,4721,139805557521508436
Total current assets:7,9397,5767,3135,9485,5555,5935,221
Noncurrent Assets
Inventory, Noncurrent     6755
Operating lease, right-of-use asset1,076
Property, plant and equipment1,2151,027937728648670670
Intangible assets, net (including goodwill)3,8623,5403,5541,5751,3621,3871,289
Goodwill2,2942,1292,154956841839790
Intangible assets, net (excluding goodwill)1,5691,4121,400619521548499
Deferred costs     28 
Deferred income tax assets55
Other noncurrent assets499510568476461452402
Defined benefit plan, assets for plan benefits  442
Deferred tax assets, net   687314
Other undisclosed noncurrent assets 304013351(27)(14)
Total noncurrent assets:6,7075,1075,0992,9112,5892,6542,459
TOTAL ASSETS:14,64612,68312,4128,8598,1458,2467,680
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,2174,1013,9323,3223,0623,3192,424
Accounts payable4,1063,9963,6353,0812,8222,5552,270
Accrued liabilities     511 
Employee-related liabilities  198143148165145
Taxes payable      9
Interest and dividends payable11110599989388 
Debt624711695325375265265
Other liabilities1,5531,088847598503  
Other undisclosed current liabilities      494
Total current liabilities:6,3945,9015,4744,2443,9413,5843,183
Noncurrent Liabilities
Long-term debt and lease obligation3,6282,4322,550550250500500
Long-term debt, excluding current maturities2,8022,4322,550550250500500
Operating lease, liability826
Liabilities, other than long-term debt926680731810744859621
Customer advances or deposits   8166
Pension and other postretirement defined benefit plans, liabilities140
Deferred income tax liabilities233
Liability, pension and other postretirement and postemployment benefits247234230342284330
Other liabilities446446501468460448415
Other undisclosed noncurrent liabilities31981934851(9)17
Total noncurrent liabilities:4,5563,3103,4741,4081,0451,3501,138
Total liabilities:10,9509,2118,9485,6524,9864,9344,322
Stockholders' equity
Stockholders' equity attributable to parent3,6753,4503,4123,1943,1473,3013,349
Common stock145146147148150153154
Additional paid in capital99786857412615
Accumulated other comprehensive loss(1,141)(1,115)(853)(1,013)(931)(720)(398)
Retained earnings4,5724,3414,0504,0023,8863,8423,578
Stockholders' equity attributable to noncontrolling interest21225214131110
Total stockholders' equity:3,6963,4723,4643,2073,1593,3123,359
TOTAL LIABILITIES AND EQUITY:14,64612,68312,4128,8598,1458,2467,680

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues19,39218,73516,30915,34015,28015,34214,078
Revenue, net16,30915,34015,28015,34214,078
Cost of revenue
(Cost of Goods and Services Sold)
(13,076)(12,751)(11,402)(10,740)(10,724)(11,018)(10,108)
Other undisclosed gross profit     270250
Gross profit:6,3165,9844,9064,6004,5564,5944,220
Operating expenses(5,414)(4,874)(3,887)(3,530)(3,431)(3,470)(3,162)
Other undisclosed operating income    155  
Operating income:9031,1101,0201,0701,2791,1241,058
Nonoperating income (expense)(72)(34)(10)5(1)(6)(14)
Investment income, nonoperating     54
Other nonoperating income66683126211913
Interest and debt expense(96)(102)(41)(21)(22)(25)(27)
Income from continuing operations before equity method investments, income taxes:7359749681,0531,2571,0931,017
Other undisclosed income (loss) from continuing operations before income taxes961024121(133)2527
Income from continuing operations before income taxes:8301,0761,0091,0741,1241,1181,044
Income tax expense(209)(265)(393)(387)(418)(406)(359)
Net income available to common stockholders, diluted:621810617687706711685

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:621810617687706711685
Other comprehensive income (loss)96(262)160(82)(210)(323)104
Comprehensive income, net of tax, attributable to parent:717548777605495389789

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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