InterDigital, Inc. (IDCC) financial statements (2021 and earlier)

Company profile

Business Address 200 BELLEVUE PARKWAY
WILMINGTON, DE 19809-3727
State of Incorp. PA
Fiscal Year End December 31
SIC 6794 - Patent Owners and Lessors (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 investments9279259591,158953934704
Cash and cash equivalents473745489433404510429
Short-term investments453179471725549424275
Restricted cash and investments311     
Receivables70      
Prepaid expense11      
Contract with customer, asset1016 
Other current assets3      
Other undisclosed current assets4656523826877139
Total current assets:1,0271,0161,0241,3961,2211,011843
Noncurrent Assets
Operating lease, right-of-use asset23 
Property, plant and equipment17101011131213
Long-term investments and receivables16 171915  
Long-term investments16 171915  
Intangible assets, net (including goodwill)22436477341327278266
Goodwill22 221616  
Intangible assets, net (excluding goodwill) 436455325311278266
Contract with customer, asset, net9  
Regulated entity, other noncurrent assets5 2    
Restricted cash and investments1      
Deferred income tax assets8073
Other noncurrent assets7476603834132
Other undisclosed noncurrent assets343 364911916172
Total noncurrent assets:589596602459507464351
TOTAL ASSETS:1,6161,6121,6271,8541,7281,4741,195
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities54292725222627
Accrued liabilities21      
Employee-related liabilities32292725222627
Deferred revenue220147
Debt 98   227121
Deferred revenue and credits307360106125
Other undisclosed current liabilities2232153454341(67)
Total current liabilities:296306179376425400205
Noncurrent Liabilities
Long-term debt and lease obligation368351317285272260218
Long-term debt, excluding current maturities368351317285272260218
Liabilities, other than long-term debt15617034320276293297
Deferred revenue and credits310261289293
Deferred revenue108124
Liability for uncertainty in income taxes      1
Other liabilities484634101543
Other undisclosed noncurrent liabilities  158   (1)
Total noncurrent liabilities:524520509605548553514
Total liabilities:820826689981973953719
Stockholders' equity
Stockholders' equity attributable to parent, including:773762927855740511468
Common stock1      
Treasury stock, value(1,380)(1,379)(1,183)(1,072)(1,065)(1,000)(904)
Additional paid in capital738727686680684663614
Accumulated other comprehensive income (loss)(0)(0)(2)(2)(1)(0)0
Retained earnings (accumulated deficit)1,4141,4131,426(1,249)1,121847757
Other undisclosed stockholders' equity attributable to parent 112,499111
Stockholders' equity attributable to noncontrolling interest2325111815117
Total stockholders' equity:797786938873754522476
TOTAL LIABILITIES AND EQUITY:1,6161,6121,6271,8541,7281,4741,195

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
Revenues359319307533666441416
Revenue, net533666441416
Cost of revenue(170)(155)(103)(99)(103)(102)(125)
Gross profit:189164204433563340291
Operating expenses(134)(126)(141)(132)(125)(131)(122)
Operating income:553863301437209169
Nonoperating income (expense) 29(31)(9)(15)(28)(15)
Other nonoperating income (expense) 29(31)(9)(15)(28)(15)
Interest and debt expense(41)(41)36(18)(2)(2)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes17 (36)18221
Income from continuing operations before income taxes:312632292422181154
Income tax expense (benefit)7(11)27(122)(117)(65)(52)
Income before gain (loss) on sale of properties:381559171305116101
Other undisclosed net income   4433
Net income:381559174309119104
Net income attributable to noncontrolling interest7644433
Other undisclosed net loss attributable to parent   (7)(7)(6)(6)
Net income available to common stockholders, diluted:452164171305116101

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:381559174309119104
Other comprehensive income (loss)(0)20(2)(0)(0)0
Other undisclosed comprehensive income  4   0
Comprehensive income:381764173309119104
Comprehensive income, net of tax, attributable to noncontrolling interest7644433
Other undisclosed comprehensive loss, net of tax, attributable to parent  (9)(7)(7)(6)(6)
Comprehensive income, net of tax, attributable to parent:452360169305116102

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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