R.R. Donnelley & Sons Company (RRD) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
35 WEST WACKER DRIVE CHICAGO, IL 60601 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 275 - Commercial Printing (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 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments, including: | 289 | 191 | 371 | 302 | 646 | |||
| Cash and cash equivalents | 289 | 191 | 371 | 273 | 318 | |||
| Short-term investments | 329 | |||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 28 | |||||||
| Restricted cash and investments | 63 | 33 | 33 | |||||
| Receivables | 1,009 | 1,162 | 1,298 | 1,418 | 1,354 | |||
| Inventory, net of allowances, customer advances and progress billings | 302 | 302 | 330 | 417 | 380 | |||
| Inventory | 302 | 302 | 330 | 417 | 380 | |||
| Contract with customer, asset | 2 | 3 | ✕ | ✕ | ||||
| Disposal group, including discontinued operation | 23 | |||||||
| Other undisclosed current assets | 71 | 64 | 66 | 81 | 137 | |||
| Total current assets: | 1,757 | 1,753 | 2,100 | 2,217 | 2,517 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 224 | 206 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 439 | 500 | 531 | 615 | 650 | |||
| Intangible assets, net (including goodwill) | 479 | 558 | 667 | 732 | 774 | |||
| Goodwill | 411 | 458 | 553 | 589 | 602 | |||
| Intangible assets, net (excluding goodwill) | 69 | 100 | 113 | 143 | 172 | |||
| Regulated entity, other noncurrent assets | 13 | 16 | 12 | 17 | ||||
| Restricted cash and investments | 0 | 0 | 0 | |||||
| Deferred income tax assets | 79 | ✕ | ✕ | ✕ | ||||
| Other noncurrent assets | 154 | 257 | 276 | 259 | 235 | |||
| Other undisclosed noncurrent assets | 45 | 51 | 70 | 92 | ||||
| Total noncurrent assets: | 1,374 | 1,577 | 1,541 | 1,688 | 1,768 | |||
| TOTAL ASSETS: | 3,131 | 3,330 | 3,641 | 3,905 | 4,285 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 1,156 | 1,186 | 1,335 | 1,542 | 1,543 | |||
| Accounts payable | 805 | 852 | 987 | 1,095 | 1,001 | |||
| Accrued liabilities | 351 | 334 | 347 | 448 | 542 | |||
| Debt | 61 | 71 | 216 | 11 | 8 | |||
| Restructuring reserve | 33 | |||||||
| Other undisclosed current liabilities | 40 | 69 | ||||||
| Total current liabilities: | 1,290 | 1,326 | 1,551 | 1,553 | 1,551 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 1,599 | 1,888 | 1,875 | 2,099 | 2,379 | |||
| Long-term debt, excluding current maturities | 1,442 | 1,747 | ||||||
| Operating lease, liability | 157 | 141 | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 1,875 | 2,099 | 2,379 | |||||
| Liabilities, other than long-term debt | 486 | 486 | 460 | 456 | 447 | |||
| Accounts payable and accrued liabilities | 68 | 76 | 91 | 59 | ||||
| Liability, pension and other postretirement and postemployment benefits | 145 | 175 | 166 | 216 | 254 | |||
| Other liabilities | 272 | 235 | 203 | 180 | 193 | |||
| Total noncurrent liabilities: | 2,085 | 2,374 | 2,335 | 2,554 | 2,826 | |||
| Total liabilities: | 3,375 | 3,700 | 3,886 | 4,107 | 4,377 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | (258) | (384) | (260) | (218) | (106) | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (1,128) | (1,220) | (1,286) | (1,333) | (1,364) | |||
| Additional paid in capital | 3,264 | 3,348 | 3,404 | 3,444 | 3,469 | |||
| Accumulated other comprehensive loss | (154) | (176) | (154) | (104) | (56) | |||
| Accumulated deficit | (2,241) | (2,337) | (2,226) | (2,226) | (2,155) | |||
| Stockholders' equity attributable to noncontrolling interest | 14 | 13 | 15 | 15 | 14 | |||
| Total stockholders' equity: | (244) | (370) | (245) | (203) | (92) | |||
| TOTAL LIABILITIES AND EQUITY: | 3,131 | 3,330 | 3,641 | 3,905 | 4,285 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 4,766 | 6,276 | 6,800 | 3 | 12 | ||
| Net investment income | 2 | 3 | 4 | 3 | |||
| Other operating income | 4 | 12 | |||||
| Cost of revenue | (3,789) | (5,085) | (5,545) | (3) | (12) | ||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | (3) | (12) | |
| Gross profit: | 977 | 1,191 | 1,255 | (0) | (0) | ||
| Operating expenses | (246) | (305) | (220) | (244) | (789) | ||
| Other operating expense, net | (26) | (12) | |||||
| Other undisclosed operating income (loss) | (598) | (776) | (827) | 471 | 488 | ||
| Operating income (loss): | 108 | 99 | 209 | 227 | (301) | ||
| Nonoperating income (Other Nonoperating income) | 20 | 49 | 2 | ||||
| Interest and debt expense | (138) | (151) | (201) | (200) | (199) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (30) | (53) | 28 | 76 | (497) | ||
| Other undisclosed income from continuing operations before income taxes | 14 | 17 | |||||
| Income (loss) from continuing operations before income taxes: | (16) | (36) | 28 | 76 | (497) | ||
| Income tax expense (benefit) | (10) | (57) | (38) | (109) | 12 | ||
| Loss from continuing operations: | (26) | (93) | (10) | (33) | (485) | ||
| Income (loss) from discontinued operations | 125 | (10) | |||||
| Net income (loss): | 99 | (93) | (10) | (33) | (495) | ||
| Net loss attributable to noncontrolling interest | (1) | (1) | (1) | (1) | (1) | ||
| Net income (loss) available to common stockholders, diluted: | 99 | (93) | (11) | (34) | (496) | ||
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 99 | (93) | (10) | (33) | (495) | ||
| Other comprehensive income (loss) | 23 | (23) | (29) | (47) | 92 | ||
| Comprehensive income (loss): | 122 | (115) | (38) | (81) | (402) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (0) | (1) | (2) | (1) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 121 | (116) | (39) | (82) | (403) | ||
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.