Synchrony Financial (SYF) financial statements (2021 and earlier)

Company profile

Business Address 777 LONG RIDGE ROAD
STAMFORD, CT 06902-1250
State of Incorp. NY
Fiscal Year End December 31
SIC 6199 - Finance Services (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12,1479,39611,6129,36112,32511,828
Cash and cash equivalents12,1479,39611,6029,32112,32511,828
Short-term investments  1040  
Total current assets:12,1479,39611,6129,36112,32511,828
Noncurrent Assets
Intangible assets, net (including goodwill)2,3432,1611,7401,6611,6501,468
Goodwill1,0781,024991949949949
Intangible assets, net (excluding goodwill)1,2651,137749712701519
Total noncurrent assets:2,3432,1611,7401,6611,6501,468
Other undisclosed assets90,33695,23582,45679,18570,16062,411
TOTAL ASSETS:104,826106,79295,80890,20784,13575,707
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities89,73892,11481,57476,01171,53165,229
Total liabilities:89,73892,11481,57476,01171,53165,229
Stockholders' equity
Stockholders' equity attributable to parent, including:15,08814,67814,23414,19612,60410,478
Preferred stock734     
Common stock111111
Treasury stock, value(7,243)(3,729)(1,957)(475)  
Additional paid in capital9,5379,4829,4459,3939,3519,408
Accumulated other comprehensive loss(25)(57)(36)(38)(29)(8)
Retained earnings12,1178,9866,8095,3303,2931,079
Other undisclosed stockholders' equity attributable to parent(33)(5)(28)(15)(12)(2)
Total stockholders' equity:15,08814,67814,23414,19612,60410,478
TOTAL LIABILITIES AND EQUITY:104,826106,79295,80890,20784,13575,707

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues
(Net Investment Income)
19,09017,98816,40714,77813,22824,458
Cost of revenue(4,180)(5,545)(5,296)(3,986)(2,952)(2,917)
Provision for loan, lease, and other losses(4,180)(5,545)
Financial services costs(5,296)(3,986)(2,952)(2,917)
Gross profit:14,91012,44311,11110,79210,27621,541
Operating expenses(1,352)(1,232)(2,316)(2,183)(1,984)(1,685)
Other operating income, net
(Noninterest Income, Other Operating Income)
10139672757102
Operating income:13,65911,2508,8628,6368,34919,958
Interest and debt expense(2,291)(1,870)(1,391)(1,248)(1,135)(922)
Income from continuing operations before equity method investments, income taxes:11,3689,3807,4717,3887,21419,036
Other undisclosed loss from continuing operations before income taxes(6,481)(5,736)(4,147)(3,818)(3,683)(15,650)
Income from continuing operations before income taxes:4,8873,6443,3243,5703,5313,386
Income tax expense(1,140)(854)(1,389)(1,319)(1,317)(1,277)
Net income available to common stockholders, diluted:3,7472,7901,9352,2512,2142,109

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:3,7472,7901,9352,2512,2142,109
Comprehensive income:3,7472,7901,9352,2512,2142,109
Other undisclosed comprehensive income (loss), net of tax, attributable to parent172(11)(12)(31)3
Comprehensive income, net of tax, attributable to parent:3,7642,7921,9242,2392,1832,112

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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