SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) financial statements (2021 and earlier)
Company profile
| Business Address |
12010 SUNSET HILLS ROAD RESTON, VA 20190 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| SIC | 7373 - Computer Integrated Systems Design (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 171 | 188 | 237 | 144 | 210 | 195 | 301 | ||
| Cash and cash equivalents | 171 | 188 | 237 | 144 | 210 | 195 | 301 | ||
| Receivables | 962 | 1,099 | 1,050 | 674 | 539 | 635 | 544 | ||
| Inventory, net of allowances, customer advances and progress billings | 78 | 84 | 74 | 68 | 71 | 68 | 67 | ||
| Inventory | 78 | 84 | 74 | 68 | 71 | 68 | 67 | ||
| Prepaid expense | 56 | 40 | 47 | 35 | 27 | 21 | 21 | ||
| Deferred tax assets | ✕ | ✕ | (25) | ||||||
| Other current assets | 22 | 19 | 25 | 29 | 54 | 33 | 10 | ||
| Other undisclosed current assets | 25 | ||||||||
| Total current assets: | 1,289 | 1,430 | 1,433 | 950 | 901 | 952 | 943 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 236 | 190 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 108 | 91 | 103 | 61 | 60 | 71 | 59 | ||
| Intangible assets, net (including goodwill) | 3,925 | 2,850 | 2,923 | 1,042 | 1,063 | 1,084 | 381 | ||
| Goodwill | 2,787 | 2,139 | 2,120 | 863 | 863 | 860 | 379 | ||
| Intangible assets, net (excluding goodwill) | 1,138 | 711 | 803 | 179 | 200 | 224 | 2 | ||
| Other noncurrent assets | 165 | 150 | 104 | 20 | 18 | 15 | 17 | ||
| Deferred tax assets, net | ✕ | ✕ | 6 | ||||||
| Other undisclosed noncurrent assets | (8) | ||||||||
| Total noncurrent assets: | 4,434 | 3,281 | 3,130 | 1,123 | 1,141 | 1,170 | 455 | ||
| TOTAL ASSETS: | 5,723 | 4,711 | 4,563 | 2,073 | 2,042 | 2,122 | 1,398 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,207 | 1,058 | 873 | 654 | 590 | 631 | 520 | ||
| Accounts payable | 517 | 527 | 455 | 397 | 329 | 351 | 315 | ||
| Accrued liabilities | 344 | 287 | 177 | 107 | 103 | 91 | 50 | ||
| Employee-related liabilities | 346 | 244 | 241 | 150 | 158 | 184 | 155 | ||
| Interest and dividends payable | 5 | ||||||||
| Debt | 68 | 70 | 24 | 41 | 25 | 57 | 32 | ||
| Deferred tax liabilities | ✕ | ✕ | 25 | ||||||
| Total current liabilities: | 1,275 | 1,128 | 897 | 695 | 615 | 688 | 577 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,652 | 2,023 | 2,065 | 983 | 1,022 | 1,013 | 457 | ||
| Long-term debt, excluding current maturities | 2,447 | 1,851 | 2,065 | 983 | 1,022 | 1,013 | 457 | ||
| Operating lease, liability | 205 | 172 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 244 | 133 | 102 | 45 | 51 | 41 | 19 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 13 | 8 | |||||
| Other liabilities | 244 | 133 | 102 | 45 | 38 | 33 | 19 | ||
| Total noncurrent liabilities: | 2,896 | 2,156 | 2,167 | 1,028 | 1,073 | 1,054 | 476 | ||
| Total liabilities: | 4,171 | 3,284 | 3,064 | 1,723 | 1,688 | 1,742 | 1,053 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,542 | 1,417 | 1,485 | 327 | 354 | 380 | 345 | ||
| Additional paid in capital | 1,004 | 983 | 1,132 | 91 | 215 | 234 | |||
| Accumulated other comprehensive income (loss) | (89) | (72) | (14) | 4 | (2) | (9) | (5) | ||
| Retained earnings | 627 | 506 | 367 | 323 | 265 | 174 | 116 | ||
| Stockholders' equity attributable to noncontrolling interest | 10 | 10 | 14 | ||||||
| Total stockholders' equity: | 1,552 | 1,427 | 1,499 | 327 | 354 | 380 | 345 | ||
| Other undisclosed liabilities and equity | 23 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 5,723 | 4,711 | 4,563 | 2,073 | 2,042 | 2,122 | 1,398 | ||
Income statement (P&L) ($ in millions)
| 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,056 | 6,379 | 4,659 | 4,454 | 4,450 | 4,315 | 3,885 | |
| Cost of revenue | (6,264) | (5,673) | (4,195) | (4,043) | (4,003) | (3,904) | (3,550) | |
| Gross profit: | 792 | 706 | 464 | 411 | 447 | 411 | 335 | |
| Operating expenses | (352) | (288) | (158) | (155) | (166) | (158) | (121) | |
| Other operating expense, net | (4) | |||||||
| Other undisclosed operating income (loss) | (46) | (48) | (86) | (10) | (26) | 26 | ||
| Operating income: | 390 | 370 | 220 | 256 | 271 | 227 | 240 | |
| Nonoperating income (Other Nonoperating income) | 3 | 6 | 3 | 2 | 1 | |||
| Interest and debt expense | (122) | (90) | (53) | (44) | (52) | (44) | (17) | |
| Income from continuing operations before income taxes: | 271 | 286 | 170 | 214 | 220 | 183 | 223 | |
| Income tax expense | (60) | (57) | (33) | (35) | (72) | (66) | (82) | |
| Net income: | 211 | 229 | 137 | 179 | 148 | 117 | 141 | |
| Net loss attributable to noncontrolling interest | (2) | (3) | ||||||
| Net income available to common stockholders, diluted: | 209 | 226 | 137 | 179 | 148 | 117 | 141 | |
Comprehensive Income ($ in millions)
| 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 211 | 229 | 137 | 179 | 148 | 117 | 141 | |
| Other comprehensive income (loss) | (17) | (58) | (18) | 5 | 7 | (4) | (3) | |
| Comprehensive income: | 194 | 171 | 119 | 184 | 155 | 113 | 138 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2) | (3) | ||||||
| Comprehensive income, net of tax, attributable to parent: | 192 | 168 | 119 | 184 | 155 | 113 | 138 | |
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.