Spirit Aerosystems Holdings, Inc. (SPR) financial statements (2020 and earlier)

Company profile

Business Address 3801 SOUTH OLIVER
WICHITA, KS 67210
State of Incorp. DE
Fiscal Year End December 31
SIC 3728 - Aircraft Parts and Auxiliary Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,351774423698957378421
Cash and cash equivalents2,351774423698957378421
Short-term investments      1
Restricted cash and investments002    
Receivables1,0751,015722661537606551
Inventory, net of allowances, customer advances and progress billings1,1191,0131,4501,5151,7741,7531,843
Inventory1,1191,0131,4501,5151,7741,7531,843
Deferred tax assets    5326
Other current assets9948543730262103
Other undisclosed current assets     0 
Total current assets:4,6432,8492,6512,9103,2993,0522,944
Noncurrent Assets
Finance lease, right-of-use asset142
Operating lease, right-of-use asset49
Property, plant and equipment2,2722,1682,1051,9921,9511,7841,803
Long-term investments and receivables     25
Long-term investments     25
Intangible assets, net (including goodwill)     68
Goodwill     33
Intangible assets, net (excluding goodwill)     35
Restricted cash and investments     20 
Deferred costs     2224
Other noncurrent assets80288164221281124107
Defined benefit plan, assets for plan benefits282247203253
Deferred tax assets, net20472  (58)(42)
Other undisclosed noncurrent assets420177275  86
Total noncurrent assets:2,9632,8372,6172,4952,4782,1112,163
TOTAL ASSETS:7,6065,6865,2685,4055,7785,1635,107
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2991,2169627968489631,001
Accounts payable1,058903693580618611754
Accrued liabilities240313269216230329221
Taxes payable     2326
Deferred revenue15
Debt5031312736917
Deferred compensation liability85681101016211238
Provision for loss on contracts8412   9021,647
Deferred revenue and credits653122862320
Deferred tax liabilities    01
Customer advances and deposits100199178 
Other liabilities3958332943845144
Other undisclosed current liabilities190196221412(796)(1,531)
Total current liabilities:1,7611,5821,6211,5441,4591,2591,336
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,9841,8641,1201,0601,0981,1441,151
Long-term debt, excluding current maturities585959 8533 
Capital lease obligations35349912 
Operating lease, liability43
Other undisclosed long-term debt and lease obligation2,8831,7691,0281,0511,0816001,151
Liabilities, other than long-term debt4881747258091,0191,1001,074
Customer advances or deposits232342507680729
Deferred revenue and credits1611471702831
Pension and other postretirement defined benefit plans, liabilities7370
Accounts payable and accrued liabilities0439    
Deferred revenue356
Deferred tax liabilities, net    5842
Liability, pension and other postretirement and postemployment benefits3635414468 
Other liabilities96136253276274261202
Other undisclosed noncurrent liabilities611828163823866
Total noncurrent liabilities:4,0832,8661,8451,9322,1992,2822,291
Total liabilities:5,8444,4483,4663,4763,6583,5413,626
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7611,2381,8011,9282,1201,6221,481
Treasury stock, value(2,457)2,3811,5811,079429129 
Additional paid in capital1,1251,1011,0871,0791,0521,0361,025
Accumulated other comprehensive loss(109)(197)(129)(187)(161)(154)(55)
Retained earnings3,2012,7132,4222,1141,656868509
Other undisclosed stockholders' equity attributable to parent1(4,761)(3,161)(2,156)(857)(257)1
Stockholders' equity attributable to noncontrolling interest1111111
Total stockholders' equity:1,7621,2381,8021,9292,1201,6221,481
TOTAL LIABILITIES AND EQUITY:7,6065,6865,2685,4055,7785,1635,107

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7,8637,2226,9836,7936,6446,7995,961
Revenue, net6,9836,7936,6446,7995,961
Cost of revenue(6,791)(6,136)(6,165)(5,816)(5,532)(6,168)(6,081)
Cost of goods and services sold(6,786)(6,136)(6,163)(5,804)(5,532)(5,711)(6,060)
Gross profit:1,0721,0868189771,112631(120)
Operating expenses(311)(253)(249)(252)(249)(277)(245)
Other undisclosed operating income 10     
Operating income (loss):761843569725863354(364)
Nonoperating income (expense)(6)(7)7(7)(2)(11)4
Investment income, nonoperating     1(1)
Foreign currency transaction gain (loss), before tax     (8)1
Other nonoperating income (expense)(6)(7)7(7)(2)(4)3
Interest and debt expense(92)(80)(42)(57)(53)(88)(70)
Other undisclosed income from continuing operations before equity method investments, income taxes     70
Income (loss) from continuing operations before equity method investments, income taxes:663756535661808262(431)
Income (loss) from equity method investments(0)101111
Income (loss) from continuing operations before income taxes:663757535662809263(430)
Income tax expense (benefit)(133)(140)(180)(192)(21)96(191)
Net income (loss) attributable to parent:530617355470789359(621)
Other undisclosed net loss available to common stockholders, basic(0)(1)(0)(0)(1)(2) 
Net income (loss) available to common stockholders, diluted:530617355469788357(621)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):530617355470789359(621)
Other comprehensive income (loss)96(68)58(26)(7)(99)91
Comprehensive income (loss), net of tax, attributable to parent:626549413443782260(531)

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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