Lennox International, Inc. (LII) financial statements (2021 and earlier)

Company profile

Business Address 2140 LAKE PARK BLVD
RICHARDSON, TX 75080
State of Incorp. DE
Fiscal Year End December 31
SIC 3585 - Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment (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 investments129404668503938
Cash and cash equivalents124374668503938
Short-term investments53     
Receivables448478473507470423421
Inventory, net of allowances, customer advances and progress billings439544510484419419463
Inventory439544510484419419463
Other current assets71596178675859
Other undisclosed current assets      33
Total current assets:1,0881,1211,0891,1371,0069381,014
Noncurrent Assets
Operating lease, right-of-use asset194182
Property, plant and equipment464445408398361340359
Long-term investments and receivables  3733313031
Long-term investments  3733313031
Intangible assets, net (including goodwill)187187187213207209247
Goodwill187187187201195195209
Intangible assets, net (excluding goodwill)   13121437
Other noncurrent assets86796662616285
Other undisclosed noncurrent assets132230489410229
Total noncurrent assets:945914728754754742750
TOTAL ASSETS:2,0332,0351,8171,8921,7601,6801,764
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities636628708621636589659
Accounts payable340372433349361320324
Accrued liabilities296256272270266243239
Employee-related liabilities      73
Taxes payable  2292622
Debt1032230134253235251
Derivative instruments and hedges, liabilities      7
Accrued environmental loss contingencies      2
Self insurance reserve      13
Deferred revenue and credits   12
Other undisclosed current liabilities5553    (116)
Total current liabilities:7011,0031,009655889824827
Noncurrent Liabilities
Long-term debt and lease obligation, including:971849741971616509675
Finance lease, liability2926
Capital lease obligations1612151616
Operating lease, liability143131
Other undisclosed long-term debt and lease obligation799692725959601493660
Liabilities, other than long-term debt339322218216218246343
Accounts payable and accrued liabilities8275    60
Deferred revenue66
Liability, pension and other postretirement and postemployment benefits9387838790125134
Accrued environmental loss contingencies      5
Other liabilities142135135129128121119
Self insurance reserve1619    26
Other undisclosed noncurrent liabilities3931    (90)
Total noncurrent liabilities:1,3481,2029581,187834755928
Total liabilities:2,0502,2051,9671,8411,7221,5791,755
Stockholders' equity
Stockholders' equity attributable to parent, including:(17)(170)(150)50381029
Common stock1111111
Treasury stock, value(3,420)(3,310)(2,896)(2,431)(2,167)(1,844)(1,686)
Additional paid in capital1,1131,0941,0791,0621,0461,002825
Accumulated other comprehensive loss(97)(104)(189)(157)(195)(205)(154)
Retained earnings2,3862,1491,8551,5761,3531,1471,022
Other undisclosed stockholders' equity attributable to parent    001
Stockholders' equity attributable to noncontrolling interest      1
Other undisclosed stockholders' equity      (1)
Total stockholders' equity:(17)(170)(150)50381029
TOTAL LIABILITIES AND EQUITY:2,0332,0351,8171,8921,7601,6801,764

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
Revenues3,6343,8073,8843,8403,6423,4673,367
Revenue, net3,8403,6423,4673,367
Cost of revenue
(Cost of Goods and Services Sold)
(2,594)(2,727)(2,773)(2,714)(2,565)(2,520)(2,464)
Other undisclosed gross profit      1
Gross profit:1,0401,0801,1111,1251,077947903
Operating expenses(567)(596)(3)(3)(2)(628)(701)
Other operating expense, net(7)(8)(2)  (22)(7)
Other expenses (2)(2)   (0)
Other undisclosed operating income (loss)13182(597)(628)(645)8140
Operating income:479657510495429305335
Nonoperating income (expense)(4)(2)(3)0 10
Investment income, nonoperating      2
Foreign currency transaction loss, before tax      (2)
Other nonoperating income (expense)(4)(2)(3)0 10
Interest and debt expense(28)(48)(38)(31)(27)(24)(17)
Income from continuing operations before equity method investments, income taxes:446607468464402283318
Income from equity method investments      14
Other undisclosed income (loss) from continuing operations before income taxes(1)(99)  0 (14)
Income from continuing operations before income taxes:445508468464403283318
Income tax expense(88)(99)(108)(157)(124)(95)(110)
Income from continuing operations:357409360307279187208
Loss from discontinued operations(1)(0)(1)(1)(1)(1)(2)
Net income available to common stockholders, diluted:356409359306278187206

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:356409359306278187206
Other comprehensive income (loss)785(31)3810(51)(92)
Comprehensive income, net of tax, attributable to parent:363494328343287135113

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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