Las Vegas Sands Corp. (LVS) financial statements (2022 and earlier)

Company profile

Business Address 3355 LAS VEGAS BOULEVARD, SOUTH
LAS VEGAS, NV 89109
State of Incorp. NV
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (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 investments1,8542,1214,2264,6482,4192,1282,179
Cash and cash equivalents1,8542,1214,2264,6482,4192,1282,179
Restricted cash and investments1616161311108
Receivables2043448477296157761,268
Inventory, net of allowances, customer advances and progress billings22323735474643
Inventory22323735474643
Disposal group, including discontinued operation3,303      
Other undisclosed current assets111131179141115138111
Total current assets:5,5102,6445,3055,5663,2073,0983,609
Noncurrent Assets
Finance lease, right-of-use asset161817
Operating lease, right-of-use asset24178190
Property, plant and equipment11,85015,10914,84415,15415,51615,90315,732
Intangible assets, net (including goodwill)192542728910372
Intangible assets, net (excluding goodwill)192542728910372
Deferred costs      170
Deferred income tax assets297318282
Other noncurrent assets217455454189145155119
Other undisclosed noncurrent assets2,1262,0602,0651,5661,7301,2101,286
Total noncurrent assets:14,54918,16317,89416,98117,48017,37117,378
TOTAL ASSETS:20,05920,80723,19922,54720,68720,46920,987
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1099111,3091,2271,083910888
Accounts payable7798149178171128110
Accrued liabilities 342342446309291286
Employee-related liabilities 205378359342299291
Taxes payable3287275244261192198
Interest and dividends payable 179165   2
Debt74767011129616795
Due to related parties 12    
Disposal group, including discontinued operation821      
Customer advances and deposits572508431
Other liabilities1,334      
Other undisclosed current liabilities2271,3211,8431,8199971,2211,050
Total current liabilities:2,5652,3093,2243,1572,9482,8062,464
Noncurrent Liabilities
Long-term debt and lease obligation, including:14,72113,93112,42211,8749,3449,4289,373
Finance lease, liability15129
Operating lease, liability154 305
Other undisclosed long-term debt and lease obligation14,55213,91912,10811,8749,3449,4289,373
Liabilities, other than long-term debt525685696179147158350
Deferred revenue and credits 3235
Deferred tax liabilities, net   202
Deferred income tax liabilities173188183
Other liabilities352497513179147126113
Other undisclosed noncurrent liabilities 344350592613581382
Total noncurrent liabilities:15,24614,96013,46812,64510,10410,16710,105
Total liabilities:17,81117,26916,69215,80213,05212,97312,569
Stockholders' equity
Stockholders' equity attributable to parent1,9962,9735,1875,6846,4936,1776,817
Common stock1111111
Treasury stock, value(4,481)(4,481)(4,481)(3,727)(2,818)(2,443)(2,443)
Additional paid in capital6,6466,6116,5696,6806,5806,5166,485
Accumulated other comprehensive income (loss)(22)29(3)(40)14(119)(66)
Retained earnings (accumulated deficit)(148)8133,1012,7702,7162,2222,840
Stockholders' equity attributable to noncontrolling interest2525651,3201,0611,1421,3191,601
Total stockholders' equity:2,2483,5386,5076,7457,6357,4968,418
TOTAL LIABILITIES AND EQUITY:20,05920,80723,19922,54720,68720,46920,987

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
Revenues4,2343,61213,73913,72912,88211,41011,688
Revenue, net12,88211,41011,688
Cost of revenue(2,920)(2,911)(7,286)(7,361)(6,716)(6,131)(6,332)
Cost of goods and services sold    (6,136)(5,521)(5,779)
Gross profit:1,3147016,4536,3686,1665,2795,357
Operating expenses(2,003)(2,389)(2,755)(2,617)(2,704)(2,786)(2,515)
Operating income (loss):(689)(1,688)3,6983,7513,4622,4932,841
Nonoperating income (expense)(31)2257926(94)3131
Investment income, nonoperating  556    
Other nonoperating income (expense)(31)222326(94)3131
Interest and debt expense(621)(536)(555)(446)(332)(274)(265)
Income (loss) from continuing operations before equity method investments, income taxes:(1,341)(2,202)3,7223,3313,0362,2502,607
Other undisclosed income (loss) from continuing operations before income taxes(133)2150(5)16515
Income (loss) from continuing operations before income taxes:(1,474)(2,181)3,7723,3263,0522,2552,622
Income tax expense (benefit)538(468)(375)209(239)(236)
Income (loss) from continuing operations:(1,469)(2,143)3,3042,9513,2612,0162,386
Income from discontinued operations193      
Net income (loss):(1,276)(2,143)3,3042,9513,2612,0162,386
Net income (loss) attributable to noncontrolling interest315458(606)(538)(455)(346)(419)
Net income (loss) available to common stockholders, diluted:(961)(1,685)2,6982,4132,8061,6701,966

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 (loss):(1,276)(2,143)3,3042,9513,2612,0162,386
Other comprehensive income (loss)   (58)125(54)(141)
Other undisclosed comprehensive income (loss)(55)3742    
Comprehensive income (loss):(1,331)(2,106)3,3462,8933,3861,9622,245
Comprehensive income (loss), net of tax, attributable to noncontrolling interest319453(611)(534)(447)(345)(421)
Comprehensive income (loss), net of tax, attributable to parent:(1,012)(1,653)2,7352,3592,9391,6171,824

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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