Spirit Aerosystems Holdings, Inc. (SPR) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,8732,351774423698957378
Cash and cash equivalents1,8732,351774423698957378
Restricted cash and investments0002   
Receivables8531,0751,015722661537606
Inventory, net of allowances, customer advances and progress billings1,4221,1191,0131,4501,5151,7741,753
Inventory1,4221,1191,0131,4501,5151,7741,753
Deferred tax assets    53
Other current assets3369948543730262
Other undisclosed current assets      0
Total current assets:4,4854,6432,8492,6512,9103,2993,052
Noncurrent Assets
Finance lease, right-of-use asset169142
Operating lease, right-of-use asset7149
Property, plant and equipment2,5042,2722,1682,1051,9921,9511,784
Long-term investments and receivables      2
Long-term investments      2
Intangible assets, net (including goodwill)215     6
Goodwill      3
Intangible assets, net (excluding goodwill)215     3
Restricted cash and investments      20
Deferred costs      22
Other noncurrent assets8480288164221281124
Defined benefit plan, assets for plan benefits282247203
Deferred tax assets, net20472  (58)
Other undisclosed noncurrent assets857420177275  8
Total noncurrent assets:3,8992,9632,8372,6172,4952,4782,111
TOTAL ASSETS:8,3847,6065,6865,2685,4055,7785,163
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9251,2991,216962796848963
Accounts payable5591,058903693580618611
Accrued liabilities366240313269216230329
Taxes payable      23
Deferred revenue2215
Debt34150313127369
Deferred compensation liability57856811010162112
Provision for loss on contracts1858412   902
Deferred revenue and credits6531228623
Deferred tax liabilities    0
Customer advances and deposits100199178 
Other liabilities583958332943845
Other undisclosed current liabilities122190196221412(796)
Total current liabilities:1,7091,7611,5821,6211,5441,4591,259
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,5332,9841,8641,1201,0601,0981,144
Long-term debt, excluding current maturities56585959 8533
Capital lease obligations35349912
Operating lease, liability6743
Other undisclosed long-term debt and lease obligation3,4102,8831,7691,0281,0511,081600
Liabilities, other than long-term debt1,2494881747258091,0191,100
Customer advances or deposits232342507680
Deferred revenue and credits16114717028
Pension and other postretirement defined benefit plans, liabilities73
Accounts payable and accrued liabilities 0439   
Deferred revenue372356
Deferred tax liabilities, net    58
Liability, pension and other postretirement and postemployment benefits4403635414468 
Other liabilities43796136253276274261
Other undisclosed noncurrent liabilities1,0356118281638238
Total noncurrent liabilities:5,8184,0832,8661,8451,9322,1992,282
Total liabilities:7,5275,8444,4483,4663,4763,6583,541
Stockholders' equity
Stockholders' equity attributable to parent, including:8571,7611,2381,8011,9282,1201,622
Treasury stock, value(2,457)(2,457)2,3811,5811,079429129
Additional paid in capital1,1401,1251,1011,0871,0791,0521,036
Accumulated other comprehensive loss(154)(109)(197)(129)(187)(161)(154)
Retained earnings2,3263,2012,7132,4222,1141,656868
Other undisclosed stockholders' equity attributable to parent11(4,761)(3,161)(2,156)(857)(257)
Stockholders' equity attributable to noncontrolling interest1111111
Total stockholders' equity:8571,7621,2381,8021,9292,1201,622
TOTAL LIABILITIES AND EQUITY:8,3847,6065,6865,2685,4055,7785,163

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3,4057,8637,2226,9836,7936,6446,799
Revenue, net6,9836,7936,6446,799
Cost of revenue(3,846)(6,791)(6,136)(6,165)(5,816)(5,532)(6,168)
Cost of goods and services sold(3,846)(6,786)(6,136)(6,163)(5,804)(5,532)(5,711)
Gross profit:(441)1,0721,0868189771,112631
Operating expenses(389)(311)(253)(249)(252)(249)(277)
Other undisclosed operating income17 10    
Operating income (loss):(813)761843569725863354
Nonoperating income (expense)(78)(6)(7)7(7)(2)(11)
Foreign currency transaction loss, before tax      (8)
Other nonoperating income (expense)(78)(6)(7)7(7)(2)(4)
Interest and debt expense(195)(92)(80)(42)(57)(53)(88)
Other undisclosed income from continuing operations before equity method investments, income taxes      7
Income (loss) from continuing operations before equity method investments, income taxes:(1,086)663756535661808262
Income (loss) from equity method investments(5)(0)10111
Income (loss) from continuing operations before income taxes:(1,091)663757535662809263
Income tax expense (benefit)220(133)(140)(180)(192)(21)96
Net income (loss) attributable to parent:(870)530617355470789359
Other undisclosed net loss available to common stockholders, basic (0)(1)(0)(0)(1)(2)
Net income (loss) available to common stockholders, diluted:(870)530617355469788357

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(870)530617355470789359
Other comprehensive income (loss)(45)96(68)58(26)(7)(99)
Comprehensive income (loss), net of tax, attributable to parent:(915)626549413443782260

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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