John Bean Technologies Corporation (JBT) financial statements (2022 and earlier)

Company profile

Business Address 70 W MADISON
CHICAGO, IL 60602
State of Incorp. DE
Fiscal Year End December 31
SIC 355 - Special Industry Machinery, Except Metalworking (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 investments79484043343337
Cash and cash equivalents79484043343337
Receivables239236289253316261213
Inventory, net of allowances, customer advances and progress billings229197245206190140105
Inventory229197245206190140105
Prepaid expense      8
Disposal group, including discontinued operation      1
Other current assets77676046485233
Other undisclosed current assets94687470   
Total current assets:719616708619589485396
Noncurrent Assets
Operating lease, right-of-use asset34  
Property, plant and equipment 268266240233210181
Intangible assets, net (including goodwill)1,027843855535519426239
Goodwill685544529321302240153
Intangible assets, net (excluding goodwill)34329932621421718687
Derivative instruments and hedges      1
Regulated entity, other noncurrent assets   301 
Other noncurrent assets128798634383218
Other undisclosed noncurrent assets234  12133540
Total noncurrent assets:1,4231,1901,207824803702480
TOTAL ASSETS:2,1411,8061,9151,4431,3911,187876
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities243184253238207185157
Accounts payable186141199191157136111
Employee-related liabilities57435447504946
Debt 2111172
Business combination, contingent consideration, liability 191    
Customer advances and deposits128111116
Other liabilities117134114101969179
Other undisclosed current liabilities190118107146   
Total current liabilities:550458475485441393353
Noncurrent Liabilities
Long-term debt and lease obligation674523698387373492281
Long-term debt, excluding current maturities674523698387373492281
Liabilities, other than long-term debt167189173113135123113
Deferred tax liabilities, net   2
Liability, pension and other postretirement and postemployment benefits58947473868691
Other liabilities109959941503720
Total noncurrent liabilities:841711871500508615393
Total liabilities:1,3911,1691,3459869501,008746
Stockholders' equity
Stockholders' equity attributable to parent751637570457442180130
Common stock0000000
Treasury stock, value (1)(13)(19)(4)(7)(6)
Additional paid in capital2142302422462527772
Accumulated other comprehensive loss(197)(220)(193)(187)(140)(157)(147)
Retained earnings733628533417334267211
Total stockholders' equity:751637570457442180130
TOTAL LIABILITIES AND EQUITY:2,1411,8061,9151,4431,3911,187876

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
Revenues1,8681,7281,9461,9201,6351,3511,107
Revenue, net1,6351,3511,107
Cost of revenue   (1,382)(1,164)(970)(790)
Cost of goods and services sold    (1,164)(970)(790)
Other undisclosed gross profit(1,649)(1,504)(1,682)(304)(281)(222)(193)
Gross profit:220224264234190158124
Operating expenses(401)(359)(396)(347)   
Other operating expense, net    (0)(5)(3)
Other undisclosed operating income (loss)342298321257(44)(50)(32)
Operating income:16016318814414610389
Nonoperating income
(Investment Income, Nonoperating)
     21
Interest and debt expense(9)(14)(19)(14)(14)(11)(8)
Other undisclosed loss from continuing operations before equity method investments, income taxes (4)(3)(1)   
Income from continuing operations before equity method investments, income taxes:1511461671291329482
Other undisclosed income from continuing operations before income taxes1      
Income from continuing operations before income taxes:1531461671291329482
Income tax expense(34)(37)(38)(25)(50)(26)(26)
Other undisclosed loss from continuing operations      (0)
Net income:118109129104826856
Other undisclosed net loss attributable to parent  (0)(0)(2)(0) 
Net income available to common stockholders, diluted:118109129104816856

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:118109129104826856
Other comprehensive income (loss)23(27)(6)(24)17(10)(30)
Comprehensive income:1418212380995826
Other undisclosed comprehensive loss, net of tax, attributable to parent  (0)(0)(2)(0) 
Comprehensive income, net of tax, attributable to parent:1418212380975826

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: