Newell Brands Inc. (NWL) financial statements (2023 and earlier)

Company profile

Business Address 6655 PEACHTREE DUNWOODY ROAD
ATLANTA, GA 30328
State of Incorp. DE
Fiscal Year End December 31
SIC 3089 - Plastics Products, Not Elsewhere Classified (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 investments451990358496486588275
Cash and cash equivalents440981349496486588275
Short-term investments11910    
Receivables1,5001,6781,8421,8512,6742,7471,251
Inventory, net of allowances, customer advances and progress billings1,9971,6381,6071,5832,4992,116722
Inventory1,9971,6381,6071,5832,4992,116722
Disposal group, including discontinued operation   3,54141,74698
Other undisclosed current assets314322304278416288148
Total current assets:4,2624,6284,1107,7496,0787,4852,494
Noncurrent Assets
Finance lease, right-of-use asset5  
Operating lease, right-of-use asset558530 
Property, plant and equipment 1,1761,1559261,7081,543599
Intangible assets, net (including goodwill)6,8747,1178,6258,55024,79624,3313,855
Goodwill3,5043,5533,7092,97010,56010,2192,791
Intangible assets, net (excluding goodwill)3,3703,5644,9165,58014,23614,1121,064
Deferred costs     57 
Deferred income tax assets814838 
Other noncurrent assets467411361327403384292
Other undisclosed noncurrent assets1,199 1,3911651513839
Total noncurrent assets:9,91710,07211,5329,96827,05826,3534,785
TOTAL ASSETS:14,17914,70015,64217,71633,13633,8387,278
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,9501,7621,3051,1791,9492,9841,371
Accounts payable1,6801,5261,1011,0201,7621,519642
Accrued liabilities     1,465729
Employee-related liabilities270236204159187  
Debt3466332319663602389
Disposal group, including discontinued operation   650 34143
Other liabilities1,3641,3931,3401,1821,705  
Other undisclosed current liabilities     366185
Total current liabilities:3,3173,6212,9783,3304,3174,2921,989
Noncurrent Liabilities
Long-term debt and lease obligation5,3835,6135,3916,6969,89011,2912,688
Long-term debt, excluding current maturities4,8835,1415,3916,6969,89011,2912,688
Operating lease, liability500472 
Liabilities, other than long-term debt1,3881,5661,1102,4124,7486,870775
Deferred tax liabilities, net1,0423,3075,083227
Deferred income tax liabilities405414 
Other liabilities9831,1521,1101,3711,4411,787549
Other undisclosed noncurrent liabilities  1,166    
Total noncurrent liabilities:6,7717,1797,6689,10914,63718,1613,463
Total liabilities:10,08810,80010,64612,43918,95422,4535,452
Stockholders' equity
Stockholders' equity attributable to parent4,0913,8744,9635,24314,14511,3491,823
Common stock450448447446508505288
Treasury stock, value(609)(598)(590)(585)(574)(545)(523)
Additional paid in capital7,7348,0788,4318,78110,36210,144801
Accumulated other comprehensive loss(882)(880)(920)(913)(763)(1,045)(834)
Retained earnings (accumulated deficit)(2,602)(3,174)(2,404)(2,487)4,6112,2902,091
Stockholders' equity attributable to noncontrolling interest 26333537364
Total stockholders' equity:4,0913,9004,9965,27814,18111,3841,826
TOTAL LIABILITIES AND EQUITY:14,17914,70015,64217,71633,13633,8387,278

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
Revenues10,5899,3859,7158,63114,74213,2645,916
Cost of revenue(7,293)(6,306)(6,496)(5,622)(9,653)(8,865)(3,611)
Cost of goods and services sold(7,293)(6,306)(6,496)(5,622)   
Gross profit:3,2963,0793,2193,0095,0894,3992,305
Operating expenses(2,350)(3,713)(3,701)(10,837)(3,864)(3,293)(1,599)
Other undisclosed operating loss     (5)(104)
Operating income (loss):946(634)(482)(7,829)1,2261,100601
Nonoperating income (expense)8(87)(38)11705167(184)
Investment income, nonoperating (9)    (173)
Other nonoperating income (expense)8(78)(38)11705167(11)
Interest and debt expense(261)(294)(303)(446)(469)(405)(80)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 9(28)  (48) 
Income (loss) from continuing operations before equity method investments, income taxes:693(1,006)(852)(8,264)1,461815338
Other undisclosed loss from continuing operations before income taxes   (4)(32)  
Income (loss) from continuing operations before income taxes:693(1,006)(852)(8,268)1,429815338
Income tax expense (benefit)(121)2361,0381,4781,320(286)(78)
Income (loss) from continuing operations:572(770)186(6,790)2,749529259
Income (loss) from discontinued operations  (49)(128) 10191
Net income (loss):572(770)138(6,918)2,749630350
Net loss attributable to noncontrolling interest  (2)    
Other undisclosed net loss attributable to parent  (29)  (102) 
Net income (loss) attributable to parent:572(770)107(6,918)2,749528350
Other undisclosed net income available to common stockholders, basic      0
Net income (loss) available to common stockholders, diluted:572(770)107(6,918)2,749528350

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):572(770)138(6,918)2,749630350
Other comprehensive income (loss)(2)40(7)(87)282(211)(39)
Comprehensive income (loss):570(730)131(7,005)3,031419311
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)4(2)    
Other undisclosed comprehensive loss, net of tax, attributable to parent  (29)  (102) 
Comprehensive income (loss), net of tax, attributable to parent:568(726)100(7,005)3,031317311

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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