Lamb Weston Holdings, Inc. (LW) financial statements (2021 and earlier)

Company profile

Business Address 599 S. RIVERSHORE LANE
EAGLE, ID 83616
State of Incorp.
Fiscal Year End May 31
SIC 203 - Canned, Frozen, And Preserved Fruits, Vegetables, and Food Specialties (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

11/30/2019
TTM
5/31/2019
5/31/2018
5/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24125657
Cash and cash equivalents24125657
Receivables400340226185
Inventory, net of allowances, customer advances and progress billings636498550525
Inventory636498550525
Other undisclosed current assets481119991
Total current assets:1,107962930858
Noncurrent Assets
Operating lease, right-of-use asset163
Property, plant and equipment1,5521,5981,4211,271
Long-term investments and receivables258225220179
Long-term investments258225220179
Intangible assets, net (including goodwill)347244171170
Goodwill307206135133
Intangible assets, net (excluding goodwill)40383537
Other noncurrent assets3921117
Total noncurrent assets:2,3602,0871,8221,627
TOTAL ASSETS:3,4673,0482,7532,486
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities623506470496
Accounts payable406289254295
Accrued liabilities217217216201
Debt46464860
Total current liabilities:669553519555
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,2042,2802,3372,365
Finance lease, liability12
Operating lease, liability141
Other undisclosed long-term debt and lease obligation2,0502,2802,3372,365
Liabilities, other than long-term debt39394176162
Deferred tax liabilities, net 9291
Deferred income tax liabilities150
Other liabilities243948471
Other undisclosed noncurrent liabilities 126  
Total noncurrent liabilities:2,5962,5002,5132,527
Total liabilities:3,2663,0533,0323,082
Temporary equity, carrying amount  5651
Stockholders' equity
Stockholders' equity attributable to parent201(5)(335)(647)
Common stock147147146146
Treasury stock, value(57)(39)(3)(0)
Additional paid in capital(877)(890)(900)(905)
Accumulated other comprehensive loss(34)(25)(4)(9)
Retained earnings1,022804426121
Total stockholders' equity:201(5)(335)(647)
TOTAL LIABILITIES AND EQUITY:3,4673,0482,7532,486

Income statement (P&L) ($ in millions)

11/30/2019
TTM
5/31/2019
5/31/2018
5/31/2017
Revenues3,9383,7573,4243,168
Revenue, net3,4243,168
Cost of revenue(2,881)(2,753)(2,544)(2,382)
Cost of goods and services sold(2,881)(2,753)(2,544) 
Gross profit:1,0581,004880787
Operating expenses(352)(335)(299)(268)
Operating income:705668580518
Interest and debt expense(0)(5)(5)(3)
Other undisclosed loss from continuing operations before equity method investments, income taxes(107)(102)(104)(59)
Income from continuing operations before equity method investments, income taxes:598561471457
Income from equity method investments55608453
Income from continuing operations before income taxes:653621555510
Income tax expense(145)(134)(121)(170)
Net income:508487434340
Net loss attributable to noncontrolling interest (9)(17)(13)
Net income attributable to parent:508479417327
Other undisclosed net income (loss) available to common stockholders, basic0(11)(3)(2)
Net income available to common stockholders, diluted:508468414325

Comprehensive Income ($ in millions)

11/30/2019
TTM
5/31/2019
5/31/2018
5/31/2017
Net income:508487434340
Other comprehensive income (loss)(18)(21)5(0)
Comprehensive income:490466439340
Comprehensive loss, net of tax, attributable to noncontrolling interest (9)(17)(13)
Comprehensive income, net of tax, attributable to parent:490458422327

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: