McClatchy Company (The) (MNI) financial statements (2021 and earlier)

Company profile

Business Address LEGAL DEPARTMENT
SACRAMENTO, CA 95852
State of Incorp. DE
Fiscal Year End December 31
SIC 2711 - Newspapers: Publishing, or Publishing and Printing (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

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 investments1122995922181
Cash and cash equivalents1122995922181
Receivables6494113124155181167
Inventory, net of allowances, customer advances and progress billings59814171927
Inventory59814171927
Disposal group, including discontinued operation14106950 
Prepaid expense and other current assets✕✕✕✕✕✕27
Assets held-for-sale✕✕✕✕✕✕4
Deferred tax assets✕    120
Other current assets201619151915 
Other undisclosed current assets      11
Total current assets:115150245168205438337
Noncurrent Assets
Operating lease, right-of-use asset45✕✕✕✕✕✕
Property, plant and equipment204234258298364404459
Long-term investments and receivables347242234230301
Long-term investments347242234230301
Intangible assets, net (including goodwill)4898499331,0041,0541,4071,479
Goodwill4207057057057059961,013
Intangible assets, net (excluding goodwill)69143228299349411466
Other noncurrent assets565962646574 
Prepaid expense and other noncurrent assets✕✕✕✕✕✕43
Investments and other noncurrent assets✕✕✕✕✕✕343
Other undisclosed noncurrent assets   611 (343)
Total noncurrent assets:7971,1451,2611,6691,7182,1162,281
TOTAL ASSETS:9111,2951,5061,8371,9232,5542,618
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities20396931009629490
Accounts payable30383237424950
Accrued liabilities5519211515 
Employee-related liabilities143202426293339
Taxes payable 710811871
Interest and dividends payable252689911 
Deferred revenue55✕✕✕✕✕✕
Debt847417  29
Deferred revenue and credits✕✕6065616267
Contract with customer, liability✕58✕✕✕✕✕
Other undisclosed current liabilities1322998963
Total current liabilities:280181236190166365248
Noncurrent Liabilities
Long-term debt and lease obligation6546337078299051,0071,493
Long-term debt, excluding current maturities6086337078299051,0071,493
Operating lease, liability47✕✕✕✕✕✕
Liabilities, other than long-term debt568694647652627644595
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕394
Deferred tax liabilities, net✕    26153
Deferred income tax liabilities15✕✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits526655600604582574✕
Other liabilities27394748454448
Other undisclosed noncurrent liabilities13212912052323540
Total noncurrent liabilities:1,3551,4561,4741,5331,5651,6862,129
Total liabilities:1,6351,6371,7101,7231,7302,0512,377
Stockholders' equity
Stockholders' equity attributable to parent, including:(723)(342)(204)114193503240
Treasury stock, value(0)(0)(0)(0)(2)(0)(0)
Additional paid in capital2,2182,2172,2152,2132,2192,2232,222
Accumulated other comprehensive loss(576)(604)(449)(462)(422)(417)(305)
Accumulated deficit(2,365)(1,954)(1,970)(1,638)(1,604)(1,303)(1,677)
Other undisclosed stockholders' equity attributable to parent0000111
Total stockholders' equity:(723)(342)(204)114193503240
TOTAL LIABILITIES AND EQUITY:9111,2951,5061,8371,9232,5542,618

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7108079049771,0571,1471,242
Revenue, net✕✕9049771,0571,1471,242
Cost of revenue
(Cost of Goods and Services Sold)		 (55)(2)(79)(96)(117)(123)
Gross profit:7107539028989611,0301,119
Operating expenses(1,022)(830)(861)(955)(1,302)(1,064)(1,117)
Other undisclosed operating income 5527996117123
Operating income (loss):(312)(23)4223(245)82125
Nonoperating income (expense)(105)(59)(269)(70)(67)525(93)
Investment income, nonoperating 11087060
Interest and debt expense(2)31(3)01(200)(149)
Income (loss) from continuing operations before equity method investments, income taxes:(420)(51)(230)(47)(311)407(117)
Income from equity method investments     1943
Other undisclosed income (loss) from continuing operations before income taxes2(31)3(0)(1)181106
Income (loss) from continuing operations before income taxes:(417)(82)(227)(47)(312)60732
Income tax expense (benefit)62(105)1312(231)(13)
Net income (loss):(411)(80)(332)(34)(300)37619
Other undisclosed net loss attributable to parent     (2) 
Net income (loss) available to common stockholders, diluted:(411)(80)(332)(34)(300)37419

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(411)(80)(332)(34)(300)37619
Other comprehensive income (loss) (57)12(40)(5)(112)176
Comprehensive income (loss):(411)(136)(320)(74)(305)264195
Other undisclosed comprehensive income (loss), net of tax, attributable to parent28    (2) 
Comprehensive income (loss), net of tax, attributable to parent:(383)(136)(320)(74)(305)262195

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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