W.R. Grace & Co. (GRA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7500 GRACE DRIVE COLUMBIA, MD 21044 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 28 - Chemicals And Allied Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2021 MRQ | 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 investments | 305 | 283 | 201 | 153 | 91 | 330 | |||
| Cash and cash equivalents | 305 | 283 | 201 | 153 | 91 | 330 | |||
| Restricted cash and investments | 2 | 0 | 1 | 11 | 10 | 9 | |||
| Receivables | 264 | 307 | 289 | 285 | 274 | 458 | |||
| Inventory, net of allowances, customer advances and progress billings | 254 | 310 | 281 | 231 | 228 | 304 | |||
| Inventory | 254 | 310 | 281 | 231 | 228 | 304 | |||
| Other current assets | 51 | 235 | 87 | 49 | 52 | 83 | |||
| Total current assets: | 875 | 1,135 | 857 | 729 | 655 | 1,185 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 35 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 1,209 | 1,144 | 1,012 | 799 | 730 | 842 | |||
| Long-term investments and receivables | 176 | 182 | 156 | 126 | 118 | 103 | |||
| Long-term investments | 176 | 182 | 156 | 126 | 118 | 103 | |||
| Intangible assets, net (including goodwill) | 884 | 900 | 897 | 658 | 663 | 700 | |||
| Goodwill | 563 | 557 | 540 | 402 | 394 | 439 | |||
| Intangible assets, net (excluding goodwill) | 321 | 343 | 357 | 255 | 269 | 261 | |||
| Disposal group, including discontinued operation, noncurrent assets | 59 | ||||||||
| Deferred costs | 34 | ||||||||
| Deferred income tax assets | 567 | ✕ | ✕ | ✕ | ✕ | ||||
| Other noncurrent assets | 55 | 55 | 114 | 39 | 37 | 74 | |||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | ✕ | ✕ | 26 | |||
| Other undisclosed noncurrent assets | 483 | 529 | 557 | 651 | 712 | ||||
| Total noncurrent assets: | 2,890 | 2,798 | 2,708 | 2,178 | 2,257 | 2,492 | |||
| TOTAL ASSETS: | 3,766 | 3,933 | 3,565 | 2,907 | 2,912 | 3,676 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 262 | 302 | 249 | 210 | 195 | 267 | |||
| Accounts payable | 262 | 302 | 249 | 210 | 195 | 267 | |||
| Debt | 15 | 23 | 22 | 20 | 77 | 85 | |||
| Other liabilities | 282 | 420 | 244 | 218 | 209 | 356 | |||
| Total current liabilities: | 559 | 745 | 514 | 448 | 481 | 707 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,975 | 1,957 | 1,961 | 1,524 | 1,508 | 2,144 | |||
| Long-term debt, excluding current maturities | 1,975 | 1,957 | 1,961 | 1,524 | 1,508 | 2,144 | |||
| Liabilities, other than long-term debt | 997 | 828 | 320 | 672 | 551 | 612 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 3 | 10 | ||||
| Liability for uncertainty in income taxes | 0 | 21 | |||||||
| Liability, pension and other postretirement and postemployment benefits | 649 | 520 | 502 | 424 | 457 | ||||
| Other liabilities | 348 | 308 | 320 | 169 | 124 | 125 | |||
| Other undisclosed noncurrent liabilities | 433 | ||||||||
| Total noncurrent liabilities: | 2,972 | 2,785 | 2,714 | 2,196 | 2,059 | 2,756 | |||
| Total liabilities: | 3,531 | 3,530 | 3,228 | 2,644 | 2,539 | 3,464 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 231 | 396 | 331 | 256 | 369 | 208 | |||
| Treasury stock, value | (921) | (892) | (896) | (832) | (805) | (658) | |||
| Additional paid in capital | 473 | 478 | 481 | 475 | 487 | 496 | |||
| Accumulated other comprehensive income (loss) | 29 | 79 | 68 | 40 | 66 | (67) | |||
| Retained earnings | 649 | 731 | 677 | 573 | 619 | 436 | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Equity, attributable to noncontrolling interest | 3 | 7 | 6 | 7 | 4 | 5 | |||
| Total equity: | 235 | 402 | 337 | 263 | 372 | 213 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,766 | 3,933 | 3,565 | 2,907 | 2,912 | 3,676 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,730 | 1,958 | 1,932 | 1,717 | 1,599 | 3,052 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,717 | 1,599 | 3,052 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,113) | (1,164) | (1,165) | (1,053) | (943) | (1,884) | ||
| Gross profit: | 617 | 794 | 767 | 663 | 656 | 1,168 | ||
| Operating expenses | (349) | (364) | (444) | (381) | (387) | (644) | ||
| Operating income: | 268 | 430 | 323 | 283 | 269 | 524 | ||
| Nonoperating income (expense) | (89) | (81) | 17 | 8 | (13) | (18) | ||
| Gain, foreign currency transaction, before tax | 0 | 1 | 4 | |||||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | (80) | (80) | 28 | ✕ | ✕ | ✕ | ||
| Other nonoperating income (expense) | (2) | (4) | 2 | 8 | (13) | (18) | ||
| Interest and debt expense | (76) | (77) | (80) | (80) | (81) | (100) | ||
| Income from continuing operations before equity method investments, income taxes: | 103 | 273 | 260 | 212 | 175 | 406 | ||
| Income from equity method investments | 14 | 28 | 32 | 26 | 30 | 20 | ||
| Other undisclosed loss from continuing operations before income taxes | (116) | (117) | (46) | (27) | (39) | (117) | ||
| Income from continuing operations before income taxes: | 1 | 184 | 245 | 211 | 166 | 310 | ||
| Income tax expense | (2) | (57) | (78) | (201) | (59) | (165) | ||
| Income (loss) from continuing operations: | (2) | 127 | 167 | 10 | 107 | 145 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (2) | 127 | 167 | 10 | 107 | 145 | |
| Other undisclosed net loss | (13) | |||||||
| Net income (loss): | (2) | 127 | 167 | 10 | 94 | 145 | ||
| Net income (loss) attributable to noncontrolling interest | (0) | (0) | 1 | 1 | (1) | |||
| Net income (loss) available to common stockholders, diluted: | (2) | 126 | 168 | 11 | 94 | 144 | ||
Comprehensive Income ($ in millions)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2) | 127 | 167 | 10 | 94 | 145 | ||
| Other comprehensive income (loss) | (50) | 11 | 26 | (27) | 1 | (43) | ||
| Comprehensive income (loss): | (51) | 138 | 193 | (16) | 95 | 102 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | 1 | 1 | (3) | (1) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (51) | 137 | 193 | (15) | 92 | 101 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.