Precision Castparts Corp (PCP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4650 SW MACADAM AVE PORTLAND, OR 97239 |
| State of Incorp. | OR |
| Fiscal Year End | March 31 |
| Industry (SIC) | 332 - Iron And Steel Foundries (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2015 MRQ | 3/31/2015 | 3/31/2014 | 3/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 474 | 361 | 280 | |||
| Cash and cash equivalents | 474 | 361 | 280 | |||
| Receivables | 1,710 | 1,578 | 1,509 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,640 | 3,438 | 2,982 | |||
| Inventory | 3,640 | 3,438 | 2,982 | |||
| Disposal group, including discontinued operation | 28 | 9 | 43 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 159 | ||
| Income taxes receivable | ✕ | 37 | 4 | 5 | ||
| Other undisclosed current assets | 83 | 117 | 101 | |||
| Total current assets: | 5,972 | 5,507 | 5,080 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 2,474 | 2,309 | 2,089 | |||
| Long-term investments and receivables | 238 | 416 | 445 | |||
| Long-term investments | 238 | 416 | 445 | |||
| Intangible assets, net (including goodwill) | 7,101 | 7,114 | 6,361 | |||
| Goodwill | 6,661 | 6,624 | 5,907 | |||
| Intangible assets, net (excluding goodwill) | 440 | 490 | 454 | |||
| Other noncurrent assets | 311 | 263 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 300 | ||
| Assets of disposal group, including discontinued operation | ✕ | 28 | 27 | 44 | ||
| Other undisclosed noncurrent assets | 3,304 | 2,950 | 2,576 | |||
| Total noncurrent assets: | 13,456 | 13,079 | 11,816 | |||
| TOTAL ASSETS: | 19,428 | 18,586 | 16,896 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1,925 | 1,815 | 1,696 | |||
| Employee-related liabilities | 204 | 212 | 203 | |||
| Accounts payable | 1,162 | 1,047 | 941 | |||
| Accrued liabilities | 559 | 556 | 552 | |||
| Debt | 1,093 | 2 | 204 | |||
| Accrued environmental loss contingencies | 95 | 61 | 50 | |||
| Disposal group, including discontinued operation | 13 | 3 | 14 | |||
| Other undisclosed current liabilities | (299) | (273) | (252) | |||
| Total current liabilities: | 2,827 | 1,608 | 1,712 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 3,493 | 3,569 | 3,603 | |||
| Long-term debt, excluding current maturities | 3,493 | 3,569 | 3,603 | |||
| Liabilities, other than long-term debt | 2,151 | 1,996 | 1,777 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | 678 | 442 | 548 | ||
| Deferred tax liabilities, net | 924 | 947 | 761 | |||
| Disposal group, including discontinued operation, liabilities | 3 | 2 | 11 | |||
| Other liabilities | 546 | 605 | 457 | |||
| Total noncurrent liabilities: | 5,644 | 5,565 | 5,380 | |||
| Total liabilities: | 8,471 | 7,173 | 7,092 | |||
| Equity | ||||||
| Equity, attributable to parent | 10,929 | 11,386 | 9,783 | |||
| Common stock | 139 | 145 | 146 | |||
| Additional paid in capital | 60 | 1,487 | 1,777 | |||
| Accumulated other comprehensive loss | (955) | (418) | (552) | |||
| Retained earnings | 11,685 | 10,172 | 8,413 | |||
| Equity, attributable to noncontrolling interest | 28 | 27 | 21 | |||
| Total equity: | 10,957 | 11,413 | 9,804 | |||
| TOTAL LIABILITIES AND EQUITY: | 19,428 | 18,586 | 16,896 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2015 TTM | 3/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 10,005 | 9,616 | 8,378 | ||
| Cost of revenue | (6,879) | (6,347) | (5,680) | ||
| Cost of goods and services sold | (6,879) | (6,317) | (5,680) | ||
| Gross profit: | 3,126 | 3,269 | 2,698 | ||
| Operating expenses | (707) | (668) | (571) | ||
| Other undisclosed operating income | 185 | 71 | 35 | ||
| Operating income: | 2,604 | 2,672 | 2,161 | ||
| Nonoperating income (Investment Income, Nonoperating) | 4 | 5 | 6 | ||
| Interest and debt expense | (69) | (76) | (38) | ||
| Income from continuing operations before equity method investments, income taxes: | 2,539 | 2,601 | 2,130 | ||
| Income (loss) from equity method investments | (175) | 1 | 1 | ||
| Income from continuing operations before income taxes: | 2,364 | 2,602 | 2,130 | ||
| Income tax expense | (816) | (835) | (696) | ||
| Income from continuing operations: | 1,548 | 1,767 | 1,435 | ||
| Income before gain (loss) on sale of properties: | 1,533 | 1,784 | 1,429 | ||
| Income (loss) from discontinued operations | (15) | 17 | (5) | ||
| Net income: | 1,533 | 1,784 | 1,429 | ||
| Net loss attributable to noncontrolling interest | (3) | (7) | (3) | ||
| Net income available to common stockholders, diluted: | 1,530 | 1,777 | 1,427 | ||
Comprehensive Income ($ in millions)
| 9/30/2015 TTM | 3/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|
| Net income: | 1,533 | 1,784 | 1,429 | ||
| Other comprehensive income (loss) | (537) | 135 | |||
| Comprehensive income: | 996 | 1,919 | 1,429 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (18) | 13 | (0) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 36 | (26) | (110) | ||
| Comprehensive income, net of tax, attributable to parent: | 1,014 | 1,906 | 1,319 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.