Itron, Inc. (ITRI) financial statements (2020 and earlier)

Company profile

Business Address 2111 N MOLTER ROAD
LIBERTY LAKE, WA 99019
State of Incorp. WA
Fiscal Year End December 31
SIC 3825 - Instruments for Measuring and Testing of Electricity and Electrical Signals (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 investments150120176134131112125
Cash and cash equivalents150120176134131112125
Receivables473437398352331348357
Inventory, net of allowances, customer advances and progress billings228221194163190155177
Inventory228221194163190155177
Other current assets1471188284107104103
Other undisclosed current assets     3937
Total current assets:997896850732759759799
Noncurrent Assets
Operating lease, right-of-use asset80
Property, plant and equipment233227201176190208247
Intangible assets, net (including goodwill)1,2891,374651525570641744
Goodwill1,1041,117556452468501549
Intangible assets, net (excluding goodwill)1852589572102140196
Restricted cash and investments 2311    
Other noncurrent assets45454450532933
Defined benefit plan, assets for plan benefits1011
Other undisclosed noncurrent assets646550931097457
Total noncurrent assets:1,7111,7131,2568459229521,083
TOTAL ASSETS:2,7082,6092,1061,5781,6811,7101,883
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities470461369266278322300
Accounts payable328310262173186184200
Accrued liabilities 47   21 
Employee-related liabilities119899182779589
Taxes payable22151610152211
Deferred revenue100
Debt 282014113026
Restructuring reserve 36   49
Deferred revenue and credits4165734337
Other liabilities647057447910171
Other undisclosed current liabilities3958212537(49)21
Total current liabilities:671653508413478497455
Noncurrent Liabilities
Long-term debt and lease obligation1,001988594290360294353
Long-term debt, excluding current maturities932988594290360294353
Operating lease, liability69
Liabilities, other than long-term debt218221185206203219184
Pension and other postretirement defined benefit plans, liabilities89
Accounts payable and accrued liabilities     15 
Deferred tax liabilities, net223247
Liability, pension and other postretirement and postemployment benefits9992968486101
Restructuring reserve     146
Other liabilities119128881181168482
Other undisclosed noncurrent liabilities1713141818(14)18
Total noncurrent liabilities:1,2361,222793514581499555
Total liabilities:1,9071,8751,3019271,0599961,010
Stockholders' equity
Stockholders' equity attributable to parent777713786632605697855
Common stock1,3581,3341,2951,2701,2471,2701,291
Accumulated other comprehensive loss(205)(196)(170)(229)(201)(137)(22)
Accumulated deficit(376)(425)(338)(410)(441)(437)(414)
Stockholders' equity attributable to noncontrolling interest24211919181818
Total stockholders' equity:801734806650623714873
TOTAL LIABILITIES AND EQUITY:2,7082,6092,1061,5781,6811,7101,883

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
Revenues2,5022,3762,0182,0131,8841,9711,949
Revenue, net2,0182,0131,8841,9711,949
Cost of revenue
(Cost of Goods and Services Sold)
(1,750)(1,646)(1,343)(1,353)(1,327)(1,348)(1,334)
Gross profit:752730675660557623615
Operating expenses(620)(780)(524)(564)(504)(619)(750)
Operating income (loss):133(50)15196534(135)
Nonoperating expense(60)(59)(17)(12)(16)(19)(13)
Foreign currency transaction loss, before tax     (5) 
Other nonoperating expense(9)(3)(7)(2)(4)(8)(4)
Interest and debt expense(52)(58)(12)(11)(1)(12)(11)
Other undisclosed income from continuing operations before equity method investments, income taxes5258121111211
Income (loss) from continuing operations before income taxes:73(109)1358537(15)(148)
Income tax expense (benefit)(21)13(74)(50)(22)(7)4
Net income (loss):52(97)603515(22)(145)
Net loss attributable to noncontrolling interest(3)(3) (3)(2)(1)(2)
Other undisclosed net loss attributable to parent  (3)    
Net income (loss) available to common stockholders, diluted:49(99)573213(23)(147)

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 (loss):52(97)603515(22)(145)
Other comprehensive income (loss)(8)(26)59(29)(66)(115)13
Comprehensive income (loss):44(122)1196(51)(136)(132)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(3)(3) (3)(2)(1)2
Other undisclosed comprehensive loss, net of tax, attributable to parent  (3)   (4)
Comprehensive income (loss), net of tax, attributable to parent:41(125)1163(53)(138)(134)

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: