Office Depot, Inc. (ODP) financial statements (2022 and earlier)

Company profile

Business Address 6600 NORTH MILITARY TRAIL
BOCA RATON, FL 33496
State of Incorp. DE
Fiscal Year End December 31
SIC 594 - Miscellaneous Shopping Goods Stores (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7296986586227631,0691,071
Cash and cash equivalents7296986586227631,0691,071
Receivables6311,4188859316871,1661,264
Inventory, net of allowances, customer advances and progress billings9301,0321,0651,0931,2791,6981,638
Inventory9301,0321,0651,0931,2791,6981,638
Prepaid expense36561114116
Contract with customer, asset152322✕✕✕✕
Disposal group, including discontinued operation  61391423024
Other undisclosed current assets4727042809183105
Total current assets:2,3553,4472,6832,8712,9734,0604,218
Noncurrent Assets
Operating lease, right-of-use asset1,1701,413✕✕✕✕✕
Property, plant and equipment576679763725601785963
Long-term investments and receivables  842863885905926
Accounts and financing receivable, after allowance for credit loss  842863885905926
Intangible assets, net (including goodwill)9661,3321,3361,299396432463
Goodwill609944914851363378391
Intangible assets, net (excluding goodwill)357388422448335472
Contract with customer, asset, net 1717✕✕✕✕
Regulated entity, other noncurrent assets     (3) 
Deferred income tax assets162 ✕✕✕✕✕
Other noncurrent assets329257258260219236242
Other undisclosed noncurrent assets 1662673054662732
Total noncurrent assets:3,2033,8643,4833,4522,5672,3822,626
TOTAL ASSETS:5,5587,3116,1666,3235,5406,4426,844
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9311,1841,1128978961,3321,687
Accounts payable9191,0261,1108928931,3191,340
Employee-related liabilities 150    343
Taxes payable128253134
Deferred revenue 52✕✕✕✕✕
Debt241069596295632
Disposal group, including discontinued operation   67104  
Deferred tax liabilities✕✕    3
Other liabilities1,1381,2199789861,0021,3551,517
Other undisclosed current liabilities 533    (346)
Total current liabilities:2,0933,0942,1852,0462,0312,7432,893
Noncurrent Liabilities
Long-term debt and lease obligation, including:354575690936358634674
Operating lease, liability9911,208✕✕✕✕✕
Other undisclosed long-term debt and lease obligation(637)(633)690936358634674
Liabilities, other than long-term debt478611295150202313
Deferred revenue41✕✕✕✕✕
Contract with customer, liability✕✕1✕✕✕✕
Deferred tax liabilities, net✕✕    84
Liability, pension and other postretirement and postemployment benefits438511191140184196
Off-market lease, unfavorable   4101833
Other undisclosed noncurrent liabilities1,1841,3831,0531,1081,1491,2601,343
Total noncurrent liabilities:1,5852,0441,8552,1391,6572,0962,330
Total liabilities:3,6785,1384,0404,1853,6884,8395,223
Temporary equity, carrying amount   18   
Stockholders' equity
Stockholders' equity attributable to parent1,8802,1732,1262,1201,8521,6031,621
Common stock1666666
Treasury stock, value(355)(325)(285)(246)(190)(58)(58)
Additional paid in capital2,6752,6472,6772,7112,6182,6072,556
Accumulated other comprehensive income (loss)(32)(66)(99)(78)(129)30107
Accumulated deficit(409)(89)(173)(273)(453)(982)(990)
Total stockholders' equity:1,8802,1732,1262,1201,8521,6031,621
TOTAL LIABILITIES AND EQUITY:5,5587,3116,1666,3235,5406,4426,844

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9,71010,64711,01510,24011,02114,48516,104
Revenue, net✕✕✕10,24011,02114,48516,096
Cost of revenue
(Cost of Goods and Services Sold)		(7,578)(8,183)(8,464)(7,779)(8,313)(10,983)(12,320)
Other undisclosed gross profit      (8)
Gross profit:2,1322,4642,5512,4612,7083,5023,776
Operating expenses(2,263)(2,157)(2,225)(2,026)(2,257)(3,166)(4,233)
Other undisclosed operating income (loss)(121)(116)(72)(94)80(221)182
Operating income (loss):(252)191254341531115(275)
Nonoperating income11444020232524
Investment income, nonoperating4232522222424
Other nonoperating income (expense)72115(2)11 
Interest and debt expense(54)(89)(136)(62)(95)(93)(89)
Income (loss) from continuing operations before income taxes:(295)14615829945947(340)
Income tax expense (benefit)(24)(47)(59)(153)220(39)(12)
Income (loss) from continuing operations:(319)99991466798(352)
Income from discontinued operations      6
Income (loss) before gain (loss) on sale of properties:(319)99991466798(346)
Other undisclosed net loss    (150) (6)
Net income (loss):(319)99991465298(352)
Net loss attributable to noncontrolling interest      (2)
Other undisclosed net income attributable to parent  535   
Net income (loss) available to common stockholders, diluted:(319)991041815298(354)

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(319)99991465298(352)
Other comprehensive income (loss)3433(21)51(159)(77)(165)
Comprehensive income (loss):(285)13278197370(69)(517)
Comprehensive loss, net of tax, attributable to noncontrolling interest      (2)
Other undisclosed comprehensive income, net of tax, attributable to parent  535   
Comprehensive income (loss), net of tax, attributable to parent:(285)13283232370(69)(519)

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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