Starbucks Corporation (SBUX) financial statements (2021 and earlier)

Company profile

Business Address P O BOX 34067
SEATTLE, WA 98124-1067
State of Incorp. WA
Fiscal Year End September 30
SIC 581 - Eating And Drinking Places (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,1092,7578,9382,6912,2631,6111,844
Cash and cash equivalents3,0412,6878,7562,4622,1291,5301,708
Short-term investments687118222913481135
Receivables1,0491,0201,649925825756686
Inventory, net of allowances, customer advances and progress billings1,4091,5291,4011,3641,3791,3061,091
Inventory1,4091,5291,4011,3641,3791,3061,091
Prepaid expense333347507    
Deferred tax assets   382317
Other undisclosed current assets   304294298231
Total current assets:5,9005,65412,4945,2834,7614,3534,169
Noncurrent Assets
Operating lease, right-of-use asset8,359 
Property, plant and equipment6,3916,4325,9294,9204,5344,0883,519
Long-term investments and receivables 3363351,0241,496665833
Long-term investments 3363351,0241,496665833
Intangible assets, net (including goodwill)4,2554,2734,5841,9812,2362,0961,130
Goodwill3,5163,4913,5421,5391,7201,575856
Intangible assets, net (excluding goodwill)7397821,042441516520274
Other noncurrent assets485480412363418416199
Deferred tax assets, net135795885829903
Other undisclosed noncurrent assets2,3432,046268    
Total noncurrent assets:21,83213,56611,6629,0829,5698,0936,584
TOTAL ASSETS:27,73119,22024,15614,36614,33012,44610,753
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,1374,9003,4782,7172,7303,5232,998
Accounts payable1,0861,1901,179783731684534
Accrued liabilities1,6381,7542,2981,9351,9991,7611,514
Employee-related liabilities 665   522438
Taxes payable1,4141,292   259272
Interest and dividends payable     297240
Deferred revenue1,6941,269
Debt2,266 350 400  
Deferred compensation liability  102  98106
Self insurance reserve218 214215246225196
Deferred revenue and credits1,2891,171984795
Deferred tax liabilities   54
Other undisclosed current liabilities361 1,541  (1,182)(1,060)
Total current liabilities:8,6766,1695,6844,2214,5473,6543,039
Noncurrent Liabilities
Long-term debt and lease obligation18,36511,1679,0903,9333,2022,3482,048
Long-term debt, excluding current maturities10,65311,1679,0903,9333,2022,3482,048
Operating lease, liability7,712 
Liabilities, other than long-term debt6,7566,852314755690753428
Deferred revenue6,7496,744
Asset retirement obligations 9682  6028
Deferred tax liabilities, net270  687
Other liabilities   755690625392
Derivative instruments and hedges, liabilities812(39)    
Other undisclosed noncurrent liabilities6941,2637,893  (128)(35)
Total noncurrent liabilities:25,81519,28217,2964,6883,8922,9732,441
Total liabilities:34,49025,45122,9818,9098,4396,6265,479
Stockholders' equity
Stockholders' equity attributable to parent, including:(6,760)(6,232)1,1705,4505,8845,8185,272
Common stock1111221
Additional paid in capital41414141414139
Accumulated other comprehensive income (loss)(387)(503)(330)(156)(108)(199)25
Retained earnings (accumulated deficit)(6,415)(5,771)1,4575,5635,9505,9755,207
Other additional capital     3939
Other undisclosed stockholders' equity attributable to parent     (39)(39)
Stockholders' equity attributable to noncontrolling interest1167722
Total stockholders' equity:(6,759)(6,231)1,1765,4575,8915,8205,274
TOTAL LIABILITIES AND EQUITY:27,73119,22024,15614,36614,33012,44610,753

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

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Revenues26,97326,50924,72022,38721,31619,16316,448
Revenue, net22,38721,31619,16316,448
Cost of revenue(19,327)(19,021)(17,368)(15,532)(14,575)(12,580)(10,978)
Cost of goods and services sold(8,005)(8,527)(10,175)(9,038)(8,511)(7,788)(6,859)
Gross profit:7,6467,4887,3526,8556,7416,5825,470
Operating expenses(3,668)(3,708)(3,770)(3,112)(2,887)(3,231)(2,658)
Other undisclosed operating income304298301391318250268
Operating income:4,2824,0783,8834,1354,1723,6013,081
Nonoperating income (expense)
(Investment Income, Nonoperating)
     (5)1
Interest and debt expense(348)(331)(170)(93)(81)(132)(64)
Income from continuing operations before equity method investments, income taxes:3,9343,7473,7134,0424,0913,4653,018
Income from equity method investments     250268
Other undisclosed income (loss) from continuing operations before income taxes7107192,067275108188(127)
Income from continuing operations before income taxes:4,6454,4665,7804,3184,1993,9033,160
Income tax expense(925)(872)(1,262)(1,433)(1,380)(1,144)(1,092)
Net income:3,7203,5954,5182,8852,8192,7592,068
Net income (loss) attributable to noncontrolling interest550(0)(1)(2)0
Net income available to common stockholders, diluted:3,7253,5994,5182,8852,8182,7572,068

Comprehensive Income ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
Net income:3,7203,5954,5182,8852,8192,7592,068
Other comprehensive income (loss)(49)(173)(175)(47)91(225)(42)
Comprehensive income:3,6713,4224,3432,8382,9102,5352,026
Comprehensive income (loss), net of tax, attributable to noncontrolling interest550(0)(1)290
Comprehensive income, net of tax, attributable to parent:3,6763,4264,3442,8382,9092,5642,026

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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