Oceaneering International, Inc. (OII) financial statements (2021 and earlier)

Company profile

Business Address 11911 FM 529
HOUSTON, TX 77041
State of Incorp. DE
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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 investments452374354430450385431
Cash and cash equivalents452374354430450385431
Receivables296421(7)477490613778
Inventory, net of allowances, customer advances and progress billings141175195215280328376
Inventory141175195215280328376
Prepaid expense49436165  79
Other current assets    43191129
Other undisclosed current assets232231642   (79)
Total current assets:1,1701,2441,2451,1871,2631,5171,714
Noncurrent Assets
Property, plant and equipment  9651,0641,1531,2671,306
Long-term investments and receivables     4933
Long-term investments     4933
Intangible assets, net (including goodwill)35405413456444427392
Goodwill35405413456444427331
Intangible assets, net (excluding goodwill)      61
Other noncurrent assets108151202317271218128
Other undisclosed noncurrent assets141163   (49)(61)
Total noncurrent assets:2847201,5801,8371,8681,9121,798
Other undisclosed assets591777     
TOTAL ASSETS:2,0462,7412,8253,0243,1303,4303,512
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities387484495436508616889
Accounts payable941461038678118124
Accrued liabilities293338392350431477490
Employee-related liabilities      209
Taxes payable     2065
Deferred revenue and credits   117
Other undisclosed current liabilities50117    (326)
Total current liabilities:437601495436508616679
Noncurrent Liabilities
Long-term debt and lease obligation961797787792793796750
Long-term debt, excluding current maturities805797787792793796750
Operating lease, liability156 
Liabilities, other than long-term debt, including:89107128131312439804
Accounts payable and accrued liabilities252830   16
Deferred tax liabilities, net    323
Liability for uncertainty in income taxes1521     
Liability, pension and other postretirement and postemployment benefits  3   11
Due to related parties13108   29
Other liabilities89  131312439425
Other undisclosed liabilities, other than long-term debt(52)4887    
Other undisclosed noncurrent liabilities 161     
Total noncurrent liabilities:1,0511,0649159241,1051,2351,554
Total liabilities:1,4881,6651,4101,3591,6141,8512,234
Stockholders' equity
Stockholders' equity attributable to parent5521,0691,4091,6591,5171,5791,658
Common stock28282828282828
Treasury stock, value(660)(682)(704)(719)(731)(744)(657)
Additional paid in capital192207220225228230230
Accumulated other comprehensive loss(359)(334)(339)(292)(303)(300)(183)
Retained earnings1,3511,8502,2052,4172,2952,3652,240
Stockholders' equity attributable to noncontrolling interest6665   
Total stockholders' equity:5581,0751,4151,6651,5171,5791,658
Other undisclosed liabilities and equity      (380)
TOTAL LIABILITIES AND EQUITY:2,0462,7412,8253,0243,1303,4303,512

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,8282,0481,9091,9222,2723,0633,660
Revenue, net1,9091,9222,2723,0633,660
Cost of revenue(1,664)(1,950)(1,780)(1,727)(1,992)(2,457)(2,912)
Cost of goods and services sold(1,664)(1,950)(1,780)(1,727)(1,992)(2,457)(2,800)
Other undisclosed gross profit      111
Gross profit:16498129195279605859
Operating expenses(196)(215)(198)(184)(208)(232)(459)
Other undisclosed operating income (loss)(414)(174)(76)   229
Operating income (loss):(446)(291)(145)1171374628
Nonoperating income (expense)3111(2)(15)(1)
Investment income, nonoperating38107410
Foreign currency transaction loss, before tax(14)     (1)
Other nonoperating income (expense)14(7)(9)(6)(6)(15)(0)
Interest and debt expense(44)(43)(38)(28)(25)(25)(5)
Income (loss) from continuing operations before equity method investments, income taxes:(487)(332)(182)(16)43334623
Income (loss) from equity method investments21(4)(2)02(0)
Income (loss) from continuing operations before income taxes:(484)(331)(186)(18)43336623
Income tax expense (benefit)2(18)(26)184(19)(105)(195)
Income (loss) before gain (loss) on sale of properties:(482)(348)(212)16625231428
Other undisclosed net income (loss)(15)     1
Net income (loss) available to common stockholders, diluted:(497)(348)(212)16625231428

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(497)(348)(212)16625231428
Other comprehensive income (loss)(25)5(47)11(2)(117)(130)
Comprehensive income (loss), net of tax, attributable to parent:(522)(343)(260)17722114298

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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