Kirby Corporation (KEX) financial statements (2020 and earlier)

Company profile

Business Address 55 WAUGH DRIVE SUITE 1000
HOUSTON, TX 77007
State of Incorp. NV
Fiscal Year End December 31
SIC 44 - Water Transportation (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 investments2582066244
Cash and cash equivalents2582066244
Receivables379418452297291417312
Inventory, net of allowances, customer advances and progress billings351507316185185192136
Inventory351507316185185192136
Other undisclosed current assets16216416915815916993
Total current assets:9181,096957647641803544
Noncurrent Assets
Operating lease, right-of-use asset160
Property, plant and equipment3,7773,5402,9592,9212,7792,5892,371
Long-term investments and receivables2223232
Long-term investments2223232
Intangible assets, net (including goodwill)1,1651,1781,168598587591591
Goodwill954954935598587591591
Intangible assets, net (excluding goodwill)211224233    
Other noncurrent assets585541135148155174
Total noncurrent assets:5,1624,7754,1703,6573,5153,3393,139
TOTAL ASSETS:6,0795,8725,1274,3034,1564,1423,683
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities335418323199209281235
Accounts payable207278222135133222177
Accrued liabilities3332271316  
Employee-related liabilities43534527374243
Taxes payable40412319171715
Interest and dividends payable1313655  
Deferred revenue43
Debt2700  117 
Deferred revenue and credits4836415137
Contract with customer, liability80
Other undisclosed current liabilities10811010912311214574
Total current liabilities:514608480358362594346
Noncurrent Liabilities
Long-term debt and lease obligation1,5091,410992723779600749
Long-term debt, excluding current maturities1,3701,410992723779600749
Operating lease, liability139
Liabilities, other than long-term debt684637540809736683565
Deferred tax liabilities, net543468719670596544
Deferred income tax liabilities588
Other liabilities96957290678721
Total noncurrent liabilities:2,1932,0481,5331,5321,5151,2831,314
Total liabilities:2,7082,6552,0131,8911,8771,8771,660
Stockholders' equity
Stockholders' equity attributable to parent3,3693,2133,1112,4092,2692,2542,011
Common stock7776666
Treasury stock, value(302)(307)(313)(320)(328)(94)(81)
Additional paid in capital836823803432435428411
Accumulated other comprehensive loss(38)(34)(32)(51)(45)(61)(17)
Retained earnings2,8662,7242,6472,3422,2011,9741,692
Stockholders' equity attributable to noncontrolling interest3334101111
Total stockholders' equity:3,3723,2163,1142,4132,2792,2652,022
TOTAL LIABILITIES AND EQUITY:6,0795,8725,1274,3034,1564,1423,683

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
Revenues2,8382,9712,2141,7712,1482,5662,242
Revenue, net1,3241,4721,6631,7711,713
Cost of revenue(2,242)(2,410)(1,778)(1,351)(1,574)(1,877)(1,626)
Gross profit:596561436420574689616
Operating expenses(354)(406)(342)(174)(193)(213)(180)
Operating income:24215594245381476436
Nonoperating income (expense)35(0)(0)(1)(0)0
Other nonoperating income35     
Interest and debt expense(56)(47)(21)(18)(19)(21)(28)
Other undisclosed income from continuing operations before equity method investments, income taxes  01000
Income from continuing operations before equity method investments, income taxes:18911473228362454409
Income from equity method investments00   00
Other undisclosed loss from continuing operations before income taxes  (223)    
Income (loss) from continuing operations before income taxes:190114(150)228362455409
Income tax expense (benefit)(47)(35)241(85)(134)(170)(152)
Income before gain (loss) on sale of properties:1437991143228285257
Other undisclosed net income (loss)  223  (0)(0)
Net income:14379314143228285256
Net loss attributable to noncontrolling interest(1)(1)(1)(1)(1)(3)(3)
Net income attributable to parent:14278313141227282253
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(2)
Other undisclosed net loss available to common stockholders, basic   (1)(1)(2)(2)
Net income available to common stockholders, basic:14278311140225280251
Other undisclosed net income available to common stockholders, diluted 000000
Net income available to common stockholders, diluted:14278311140225280251

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:14379314143228285256
Other comprehensive income (loss)(4)(1)19(6)16(44)44
Comprehensive income:13978333136244240301
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(1)(1)(1)(1)33
Other undisclosed comprehensive loss, net of tax, attributable to parent     (5)(6)
Comprehensive income, net of tax, attributable to parent:13877332135243238297

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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