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 investments | 451 | 990 | 358 | 496 | 486 | 588 | 275 | ||
| Cash and cash equivalents | 440 | 981 | 349 | 496 | 486 | 588 | 275 | ||
| Short-term investments | 11 | 9 | 10 | ||||||
| Receivables | 1,500 | 1,678 | 1,842 | 1,851 | 2,674 | 2,747 | 1,251 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,997 | 1,638 | 1,607 | 1,583 | 2,499 | 2,116 | 722 | ||
| Inventory | 1,997 | 1,638 | 1,607 | 1,583 | 2,499 | 2,116 | 722 | ||
| Disposal group, including discontinued operation | 3,541 | 4 | 1,746 | 98 | |||||
| Other undisclosed current assets | 314 | 322 | 304 | 278 | 416 | 288 | 148 | ||
| Total current assets: | 4,262 | 4,628 | 4,110 | 7,749 | 6,078 | 7,485 | 2,494 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 5 | ✕ | ✕ | ✕ | ✕ | ||||
| Operating lease, right-of-use asset | 558 | 530 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,176 | 1,155 | 926 | 1,708 | 1,543 | 599 | |||
| Intangible assets, net (including goodwill) | 6,874 | 7,117 | 8,625 | 8,550 | 24,796 | 24,331 | 3,855 | ||
| Goodwill | 3,504 | 3,553 | 3,709 | 2,970 | 10,560 | 10,219 | 2,791 | ||
| Intangible assets, net (excluding goodwill) | 3,370 | 3,564 | 4,916 | 5,580 | 14,236 | 14,112 | 1,064 | ||
| Deferred costs | 57 | ||||||||
| Deferred income tax assets | 814 | 838 | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 467 | 411 | 361 | 327 | 403 | 384 | 292 | ||
| Other undisclosed noncurrent assets | 1,199 | 1,391 | 165 | 151 | 38 | 39 | |||
| Total noncurrent assets: | 9,917 | 10,072 | 11,532 | 9,968 | 27,058 | 26,353 | 4,785 | ||
| TOTAL ASSETS: | 14,179 | 14,700 | 15,642 | 17,716 | 33,136 | 33,838 | 7,278 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,950 | 1,762 | 1,305 | 1,179 | 1,949 | 2,984 | 1,371 | ||
| Accounts payable | 1,680 | 1,526 | 1,101 | 1,020 | 1,762 | 1,519 | 642 | ||
| Accrued liabilities | 1,465 | 729 | |||||||
| Employee-related liabilities | 270 | 236 | 204 | 159 | 187 | ||||
| Debt | 3 | 466 | 332 | 319 | 663 | 602 | 389 | ||
| Disposal group, including discontinued operation | 650 | 341 | 43 | ||||||
| Other liabilities | 1,364 | 1,393 | 1,340 | 1,182 | 1,705 | ||||
| Other undisclosed current liabilities | 366 | 185 | |||||||
| Total current liabilities: | 3,317 | 3,621 | 2,978 | 3,330 | 4,317 | 4,292 | 1,989 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,383 | 5,613 | 5,391 | 6,696 | 9,890 | 11,291 | 2,688 | ||
| Long-term debt, excluding current maturities | 4,883 | 5,141 | 5,391 | 6,696 | 9,890 | 11,291 | 2,688 | ||
| Operating lease, liability | 500 | 472 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 1,388 | 1,566 | 1,110 | 2,412 | 4,748 | 6,870 | 775 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 1,042 | 3,307 | 5,083 | 227 | ||
| Deferred income tax liabilities | 405 | 414 | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 983 | 1,152 | 1,110 | 1,371 | 1,441 | 1,787 | 549 | ||
| Other undisclosed noncurrent liabilities | 1,166 | ||||||||
| Total noncurrent liabilities: | 6,771 | 7,179 | 7,668 | 9,109 | 14,637 | 18,161 | 3,463 | ||
| Total liabilities: | 10,088 | 10,800 | 10,646 | 12,439 | 18,954 | 22,453 | 5,452 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 4,091 | 3,874 | 4,963 | 5,243 | 14,145 | 11,349 | 1,823 | ||
| Common stock | 450 | 448 | 447 | 446 | 508 | 505 | 288 | ||
| Treasury stock, value | (609) | (598) | (590) | (585) | (574) | (545) | (523) | ||
| Additional paid in capital | 7,734 | 8,078 | 8,431 | 8,781 | 10,362 | 10,144 | 801 | ||
| Accumulated other comprehensive loss | (882) | (880) | (920) | (913) | (763) | (1,045) | (834) | ||
| Retained earnings (accumulated deficit) | (2,602) | (3,174) | (2,404) | (2,487) | 4,611 | 2,290 | 2,091 | ||
| Stockholders' equity attributable to noncontrolling interest | 26 | 33 | 35 | 37 | 36 | 4 | |||
| Total stockholders' equity: | 4,091 | 3,900 | 4,996 | 5,278 | 14,181 | 11,384 | 1,826 | ||
| TOTAL LIABILITIES AND EQUITY: | 14,179 | 14,700 | 15,642 | 17,716 | 33,136 | 33,838 | 7,278 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,589 | 9,385 | 9,715 | 8,631 | 14,742 | 13,264 | 5,916 | |
| 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: | 3,296 | 3,079 | 3,219 | 3,009 | 5,089 | 4,399 | 2,305 | |
| 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) | 1,226 | 1,100 | 601 | |
| Nonoperating income (expense) | 8 | (87) | (38) | 11 | 705 | 167 | (184) | |
| Investment income, nonoperating | (9) | (173) | ||||||
| Other nonoperating income (expense) | 8 | (78) | (38) | 11 | 705 | 167 | (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) | 1,461 | 815 | 338 | |
| 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) | 1,429 | 815 | 338 | |
| Income tax expense (benefit) | (121) | 236 | 1,038 | 1,478 | 1,320 | (286) | (78) | |
| Income (loss) from continuing operations: | 572 | (770) | 186 | (6,790) | 2,749 | 529 | 259 | |
| Income (loss) from discontinued operations | (49) | (128) | 101 | 91 | ||||
| Net income (loss): | 572 | (770) | 138 | (6,918) | 2,749 | 630 | 350 | |
| 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) | 2,749 | 528 | 350 | |
| Other undisclosed net income available to common stockholders, basic | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | 572 | (770) | 107 | (6,918) | 2,749 | 528 | 350 | |
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) | 2,749 | 630 | 350 | |
| Other comprehensive income (loss) | (2) | 40 | (7) | (87) | 282 | (211) | (39) | |
| Comprehensive income (loss): | 570 | (730) | 131 | (7,005) | 3,031 | 419 | 311 | |
| 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) | 3,031 | 317 | 311 | |
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.