Hershey Company (The) (HSY) financial statements (2021 and earlier)

Company profile

Business Address 19 EAST CHOCOLATE AVENUE
HERSHEY, PA 17033
State of Incorp. DE
Fiscal Year End December 31
SIC 206 - Sugar And Confectionery Products (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 5883802973474721,119
Cash and cash equivalents 5883802973473751,119
Short-term investments     97 
Receivables569594588581599597478
Inventory, net of allowances, customer advances and progress billings815785753746751801660
Inventory815785753746751801660
Prepaid expense0101488
Deferred tax assets    10153
Other current assets154180     
Other undisclosed current assets57991281192148268170
Total current assets:2,1172,2392,0021,8171,8492,2472,487
Noncurrent Assets
Nontrade receivables     2
Property, plant and equipment2,1532,1302,1072,1772,2402,1521,805
Long-term investments and receivables      40
Long-term investments      40
Intangible assets, net (including goodwill)3,3273,0791,1901,3051,0641,088772
Goodwill1,9861,801821812684793577
Intangible assets, net (excluding goodwill)1,3411,278369493379295195
Deferred income tax assets31
Other noncurrent assets512253252168155143293
Defined benefit plan, assets for plan benefits  0 
Deferred tax assets, net135736  
Other undisclosed noncurrent assets     (3,306)(40)
Total noncurrent assets:6,0235,4643,5523,7083,496782,870
Other undisclosed assets     3,305 
TOTAL ASSETS:8,1407,7035,5545,5245,3445,6305,357
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2731,2151,2171,2771,3541,5261,241
Accounts payable551502523523474482462
Accrued liabilities702679676751857814700
Employee-related liabilities     225 
Taxes payable203418323580
Debt7361,203859633863636167
Due to related parties     99 
Other liabilities     163 
Other undisclosed current liabilities     (487) 
Total current liabilities:2,0092,4192,0771,9092,2181,9361,408
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,5313,2542,0612,3471,5571,5491,795
Long-term debt, excluding current maturities3,5313,2542,0612,3471,5571,5491,795
Finance lease, liability76
Operating lease, liability184
Other undisclosed long-term debt and lease obligation(260)      
Liabilities, other than long-term debt, including:856623485440522142138
Pension and other postretirement defined benefit plans, liabilities296
Deferred tax liabilities, net17746405399104
Deferred income tax liabilities200
Liability, pension and other postretirement and postemployment benefits     384
Other liabilities656446439400469526434
Other undisclosed liabilities, other than long-term debt     (867)(697)
Other undisclosed noncurrent liabilities     483401
Total noncurrent liabilities:4,3873,8772,5462,7872,0792,1742,333
Total liabilities:6,3956,2964,6224,6974,2974,1103,741
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7391,3999157869981,4551,605
Common stock     299299
Treasury stock, value(591)(6,619)(6,427)(6,184)(5,672)(5,161)(4,708)
Additional paid in capital1,142982925870784754665
Accumulated other comprehensive loss(324)(357)(314)(376)(371)(359)(167)
Retained earnings1,2907,0326,3716,1165,8985,8615,454
Other undisclosed stockholders' equity attributable to parent2223603603603606161
Stockholders' equity attributable to noncontrolling interest691642496411
Total stockholders' equity:1,7451,4079328281,0471,5201,616
TOTAL LIABILITIES AND EQUITY:8,1407,7035,5545,5245,3445,6305,357

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
Revenues7,9867,7917,5157,4407,3877,4221,800
Revenue, net7,5157,4407,3877,4227,146
Cost of revenue(4,364)(4,216)(4,071)(4,282)(4,099)(4,086)(3,865)
Cost of goods and services sold(4,364)(4,216)(4,071)(4,282)(4,004)(4,086)(3,865)
Gross profit:3,6223,5753,4453,1583,2883,336(2,065)
Operating expenses(2,018)(1,933)(2,122)(1,920)(2,250)(1,998)(2,000)
Other undisclosed operating income (loss)(8)(19)(48)(33) 618 
Operating income (loss):1,5961,6241,2751,2061,0381,956(4,065)
Nonoperating income (expense)(63)(67)(64)(14)(27)(503)3
Investment income, nonoperating8822483
Other nonoperating income (expense)(71)(75)(66)(16)(30)2 
Interest and debt expense(152)(147)(100)(92)(109)(88)(92)
Other undisclosed income from continuing operations before equity method investments, income taxes      5,404
Income from continuing operations before equity method investments, income taxes:1,3811,4101,1111,0999021,3651,251
Other undisclosed loss from continuing operations before income taxes     (59) 
Income from continuing operations before income taxes:1,3811,4101,1111,0999021,3061,251
Income tax expense(234)(239)(354)(379)(389)(459)(431)
Net income:1,1471,171757720513847820
Net income (loss) attributable to noncontrolling interest3726  (0)(2)
Other undisclosed net income attributable to parent     02
Net income available to common stockholders, diluted:1,1501,178783720513847820

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:1,1471,171757720513847820
Other comprehensive income (loss)33(44)63(9)(15)(192)219
Comprehensive income:1,1801,1278207124986551,039
Comprehensive income (loss), net of tax, attributable to noncontrolling interest382642(0)2
Other undisclosed comprehensive income (loss), net of tax, attributable to parent     0(2)
Comprehensive income, net of tax, attributable to parent:1,1831,1358457155006551,039

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: