Henry Schein, Inc. (HSIC) financial statements (2022 and earlier)

Company profile

Business Address 135 DURYEA RD
MELVILLE, NY 11747
State of Incorp. DE
Fiscal Year End December 31
SIC 5047 - Medical, Dental, and Hospital Equipment and Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
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, including:118  801756272
Cash and cash equivalents   801756272
Other undisclosed cash, cash equivalents, and short-term investments118      
Receivables1,4521,4251,2461,6041,4701,2541,230
Inventory, net of allowances, customer advances and progress billings1,8611,5121,4291,9711,9341,6361,510
Inventory1,8611,5121,4291,9711,9341,6361,510
Deferred tax assets   58
Other undisclosed current assets413854551521455361361
Total current assets:3,8443,7913,2274,1754,0333,3133,231
Noncurrent Assets
Finance lease, right-of-use asset766
Operating lease, right-of-use asset325289232
Property, plant and equipment366342330382375334318
Long-term investments and receivables204204208350303327321
Long-term investments168169165283268299293
Accounts and financing receivable, after allowance for credit loss36354467352728
Intangible assets, net (including goodwill)3,5222,9843,0353,4052,9712,6412,501
Goodwill2,8542,5042,4622,8202,3012,0201,908
Intangible assets, net (excluding goodwill)668479573584670621593
Deferred costs    445
Deferred tax assets, net83111758
Other undisclosed noncurrent assets2131561141051149670
Total noncurrent assets:4,6373,9813,9254,3253,7783,4183,274
TOTAL ASSETS:8,4817,7737,1518,5017,8116,7306,505
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,5761,4401,3111,6791,6151,3951,426
Accounts payable1,0541,0068801,2271,1539771,006
Employee-related liabilities385295265280273266258
Taxes payable137139165172189152162
Debt611831348110016472
Contract with customer, liability84
Other liabilities593596529579403392375
Other undisclosed current liabilities766565796658339274
Total current liabilities:2,3072,2832,0383,2192,7762,2912,147
Noncurrent Liabilities
Long-term debt and lease obligation, including:8115166231,004908715464
Finance lease, liability444
Operating lease, liability268239176
Other undisclosed long-term debt and lease obligation5402744431,004908715464
Liabilities, other than long-term debt429431402424471316465
Deferred revenue1086
Deferred tax liabilities, net325052253
Deferred income tax liabilities423065
Other liabilities377393331392420264212
Other undisclosed noncurrent liabilities258231170    
Total noncurrent liabilities:1,4981,1771,1951,4281,3781,031929
Total liabilities:3,8053,4603,2344,6474,1553,3223,076
Temporary equity, carrying amount613328287    
Stockholders' equity
Stockholders' equity attributable to parent, including:3,4253,3482,9982,9612,8112,7932,884
Additional paid in capital  48  128207
Accumulated other comprehensive loss(171)(108)(167)(249)(130)(317)(220)
Retained earnings3,5953,4553,1163,2092,9402,9822,896
Other undisclosed stockholders' equity attributable to parent1112211
Stockholders' equity attributable to noncontrolling interest6386366325801383
Total stockholders' equity:4,0633,9843,6303,5422,8242,8012,887
Other undisclosed liabilities and equity   312832608542
TOTAL LIABILITIES AND EQUITY:8,4817,7737,1518,5017,8116,7306,505

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues12,40110,1199,98613,20212,46211,57210,630
Revenue, net12,46211,57210,630
Cost of revenue
(Cost of Goods and Services Sold)
(8,729)(7,305)(6,895)(9,607)(9,062)(8,338)(7,617)
Gross profit:3,6722,8143,0913,5953,3993,2343,012
Operating expenses(2,821)(2,279)(2,373)(2,702)(2,540)(2,462)(2,278)
Other undisclosed operating loss   (140)   
Operating income:852535718753859772734
Nonoperating income661321171613
Investment income, nonoperating6101621181313
Other nonoperating income (expense)0(4)(3)(0)(0)3(0)
Interest and debt expense(28)(41)(51)(79)(54)(32)(26)
Income from continuing operations before equity method investments, income taxes:831500680695823756721
Income from equity method investments20121822171914
Income from continuing operations before income taxes:851512698718839774735
Income tax expense(197)(95)(160)(155)(363)(218)(211)
Other undisclosed income from continuing operations72187    
Income from continuing operations:661418725562477556523
Income (loss) from discontinued operations 1(6)    
Income before gain (loss) on sale of properties:661419719562477556523
Other undisclosed net loss    (18)  
Net income:661419719562459556523
Net loss attributable to noncontrolling interest(29)(16)(24)(26)(53)(50)(44)
Net income attributable to parent:631404695536406507479
Preferred stock dividends and other adjustments(160)      
Net income available to common stockholders, diluted:471404695536406507479

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:661419719562459556523
Other comprehensive income (loss)(69)56(14)(133)195(100)(130)
Comprehensive income:591475705429654457394
Comprehensive loss, net of tax, attributable to noncontrolling interest(23)(12)(23)(12)(61)(47)(40)
Comprehensive income, net of tax, attributable to parent:568463683417593410354

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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