Rexnord Corporation (RXN) financial statements (2021 and earlier)

Company profile

Business Address 511 WEST FRESHWATER WAY
MILWAUKEE, WI 53204
State of Incorp. DE
Fiscal Year End December 31
SIC 356 - General Industrial Machinery And Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 573293218490485370
Cash and cash equivalents 573293218490485370
Receivables 335338392323318336
Inventory, net of allowances, customer advances and progress billings 318317345315327368
Inventory 318317345315327368
Assets held-for-sale3
Other current assets 393643504750
Total current assets: 1,2649839981,1781,1761,126
Noncurrent Assets
Nontrade receivables     32 
Property, plant and equipment 379383456401397418
Intangible assets, net (including goodwill) 1,8361,8111,8541,8771,7151,790
Goodwill 1,3221,3001,2761,3181,1941,202
Intangible assets, net (excluding goodwill) 514512578559521588
Other noncurrent assets 14883116843544
Other undisclosed noncurrent assets      35
Total noncurrent assets: 2,3632,2772,4262,3612,1792,286
TOTAL ASSETS: 3,6273,2603,4243,5393,3553,413
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 251255296252255288
Accounts payable 186192226198201234
Employee-related liabilities 656470545454
Debt 7614172024
Other liabilities 129137150127124127
Other undisclosed current liabilities  35455
Total current liabilities: 456397454400404445
Noncurrent Liabilities
Long-term debt and lease obligation 1,3971,2371,3521,6061,9001,926
Long-term debt, excluding current maturities 1,3971,2371,3521,6061,9001,926
Liabilities, other than long-term debt 461395405462431454
Pension and other postretirement defined benefit plans, liabilities203
Deferred tax liabilities, net126157209186184
Deferred income tax liabilities 121
Liability, pension and other postretirement and postemployment benefits 190158169174196 
Other liabilities 15011179794967
Other undisclosed noncurrent liabilities     3235
Total noncurrent liabilities: 1,8581,6321,7572,0682,3622,415
Total liabilities: 2,3132,0292,2112,4692,7672,860
Stockholders' equity
Stockholders' equity attributable to parent 1,3111,2291,2131,071589553
Common stock 111111
Treasury stock, value      (6)
Additional paid in capital 1,3481,2941,2781,262856886
Accumulated other comprehensive loss (124)(97)(74)(137)(139)(130)
Retained earnings (accumulated deficit) 86318(56)(130)(198)
Stockholders' equity attributable to noncontrolling interest 320 (1)(0)
Total stockholders' equity: 1,3141,2311,2131,071588553
TOTAL LIABILITIES AND EQUITY: 3,6273,2603,4243,5393,3553,413

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

9/30/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues 2,0682,0512,0661,9181,9242,050
Revenue, net2,0661,9181,9242,050
Cost of revenue
(Cost of Goods and Services Sold)
 (1,250)(1,266)(1,309)(1,250)(1,259)(1,304)
Gross profit: 818785757668665746
Operating expenses (484)(479)(502)(487)(478)(501)
Other undisclosed operating income (loss)   (108)3(13)(42)
Operating income: 334306147184174204
Nonoperating income (expense) (4)(1)(3)(5)3(9)
Foreign currency transaction loss, before tax      (2)
Other nonoperating income (expense) (4)(1)(3)(5)3(7)
Interest and debt expense (58)(66)(88)(97)(91)(88)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (37)    2
Income from continuing operations before equity method investments, income taxes: 236239578286109
Income from equity method investments  4    
Income from continuing operations before income taxes: 236242578286109
Income tax expense (benefit) (54)(53)20(8)(17)(17)
Income before gain (loss) on sale of properties: 18218976746992
Other undisclosed net loss (2)(155)  (1)(8)
Net income: 1803476746884
Net income (loss) attributable to noncontrolling interest (0) (0) 0 
Net income attributable to parent: 1803476746884
Preferred stock dividends and other adjustments (14)(23)(23)(7)  
Net income available to common stockholders, diluted: 1661153676884

Comprehensive Income ($ in millions)

9/30/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income: 1803476746884
Other comprehensive income (loss) 2(3)2(0)(0) 
Other undisclosed comprehensive income (loss) (29)(20)612(8)(106)
Comprehensive income (loss): 153121397659(23)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 0 0 (0) 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (0) 0 
Comprehensive income (loss), net of tax, attributable to parent: 153121397659(23)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: