Simon Property Group, Inc. (SPG) financial statements (2022 and earlier)

Company profile

Business Address 225 WEST WASHINGTON STREET
INDIANAPOLIS, IN 46204-3438
State of Incorp. DE
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (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
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6761,0547385921,482560701
Cash and cash equivalents5341,0126695141,482560701
Short-term investments142426878   
Total current assets:6761,0547385921,482560701
Noncurrent Assets
Operating lease, right-of-use asset504513515
Property, plant and equipment4,0754,1424,1404,0984,0143,8973,748
Long-term investments and receivables  4,1031,7691,9351,7971,943
Long-term investments  4,1031,7691,9351,7971,943
Intangible assets, net (including goodwill)20202020202020
Goodwill20202020202020
Total noncurrent assets:4,5994,6758,7775,8875,9695,7155,711
Other undisclosed assets28,50329,05921,71724,20624,80624,82924,238
TOTAL ASSETS:33,77734,78731,23230,68632,25831,10430,651
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities29,37731,12928,10126,65927,82826,00625,409
Total liabilities:29,37731,12928,10126,65927,82826,00625,409
Temporary equity, carrying amount54818621923019013826
Stockholders' equity
Stockholders' equity attributable to parent, including:3,3613,0392,5263,2973,6864,3104,471
Preferred stock42424243434344
Treasury stock, value(1,884)(1,891)(1,774)(1,427)(1,079)(683)(437)
Additional paid in capital11,21311,1809,7569,7009,6159,5239,384
Accumulated other comprehensive loss(185)(189)(119)(126)(110)(114)(253)
Accumulated deficit(5,824)(6,102)(5,380)(4,893)(4,782)(4,459)(4,267)
Stockholders' equity note, subscriptions receivable    (15)(15)
Other undisclosed stockholders' equity attributable to parent000015150
Stockholders' equity attributable to noncontrolling interest492433385500553649745
Total stockholders' equity:3,8533,4722,9113,7974,2394,9605,216
TOTAL LIABILITIES AND EQUITY:33,77734,78731,23230,68632,25831,10430,651

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues5,1174,6085,7555,6585,5395,4355,266
Revenue, net5,1205,0154,782
Operating lease, lease income4,7374,3025,244
Operating leases, income statement, lease revenue3,651
Cost of revenue(1,156)(1,059)(1,212)(1,157)(1,127)(1,137)(1,122)
Cost of goods and services sold(512)(430)(100)(100)(540)(532)(527)
Gross profit:3,9613,5494,5434,5014,4124,2984,144
Operating expenses(1,548)(1,577)(1,636)(1,590)(1,610)(1,578)(1,476)
Operating income:2,4131,9722,9082,9112,8022,7212,669
Interest and debt expense(848)(784)(906)(816)(938)(994)(1,045)
Income from continuing operations before equity method investments, income taxes:1,5661,1872,0022,0951,8641,7261,624
Income from equity method investments783220444475400353 
Income from continuing operations before income taxes:2,3481,4072,4472,5702,2652,0801,624
Income tax expense      (20)
Other undisclosed income from continuing operations     55535
Income before gain (loss) on sale of properties:2,3481,4072,4472,5702,2652,1352,139
Other undisclosed net income (loss)220(130)(23)252(20)  
Net income:2,5691,2772,4232,8222,2452,1352,139
Net loss attributable to noncontrolling interest(319)(165)(322)(382)(297)(296)(312)
Net income attributable to parent:2,2501,1132,1022,4401,9481,8391,828
Preferred stock dividends and other adjustments(3)(3)(3)(3)(3)(3)(3)
Net income available to common stockholders, diluted:2,2461,1092,0982,4371,9451,8361,824

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:2,5691,2772,4232,8222,2452,1352,139
Other comprehensive income (loss)4(79)8(18)4164(224)
Other undisclosed comprehensive loss   (0)   
Comprehensive income:2,5731,1982,4322,8042,2492,2981,916
Comprehensive loss, net of tax, attributable to noncontrolling interest(320)(156)(323)(380)(298)(321)(280)
Comprehensive income, net of tax, attributable to parent:2,2531,0422,1092,4241,9521,9771,636

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: