Treehouse Foods, Inc. (THS) financial statements (2021 and earlier)

Company profile

Business Address 2021 SPRING ROAD
OAK BROOK, IL 60523
State of Incorp. DE
Fiscal Year End December 31
SIC 203 - Canned, Frozen, And Preserved Fruits, Vegetables, and Food Specialties (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 investments365202164147734352
Cash and cash equivalents365202164133623552
Short-term investments   14108 
Receivables309271351330429203234
Inventory, net of allowances, customer advances and progress billings599544840918978584594
Inventory599544840918978584594
Disposal group, including discontinued operation71131     
Assets held-for-sale, not part of disposal group 27  4 
Other undisclosed current assets86456290781770
Total current assets:1,4291,2201,4171,4851,561847949
Noncurrent Assets
Finance lease, right-of-use asset44
Operating lease, right-of-use asset161175
Property, plant and equipment  1,2741,2941,359542544
Intangible assets, net (including goodwill)2,7942,6622,8622,9553,5852,2962,384
Goodwill2,1792,1072,1612,1822,4471,6501,668
Intangible assets, net (excluding goodwill)6155557007731,138647716
Other noncurrent assets333746454118 
Other undisclosed noncurrent assets1,0661,041    26
Total noncurrent assets:4,0573,9204,1824,2954,9852,8562,954
TOTAL ASSETS:5,4865,1395,5995,7796,5463,7033,903
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities968782834590627261297
Accounts payable628508578451458202217
Accrued liabilities34127325647352329
Employee-related liabilities   60792739
Taxes payable   73116
Interest and dividends payable   242467
Debt1615110661514
Disposal group, including discontinued operation717     
Total current liabilities:991813835600693275311
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,1992,0922,2972,5362,7251,2221,445
Finance lease, liability33
Operating lease, liability145159
Other undisclosed long-term debt and lease obligation2,0521,9312,2972,5362,7251,2221,445
Liabilities, other than long-term debt287245325381625351387
Deferred tax liabilities, net154178422279319
Deferred income tax liabilities158102
Other liabilities1281431712022027268
Other undisclosed noncurrent liabilities145159     
Total noncurrent liabilities:2,6302,4952,6222,9163,3491,5721,833
Total liabilities:3,6213,3093,4573,5164,0421,8482,144
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8651,8312,1422,2632,5031,8551,759
Treasury stock, value(108)(83)(83)(29)   
Additional paid in capital2,1802,1552,1362,1072,0721,2071,177
Accumulated other comprehensive loss(64)(84)(97)(62)(101)(113)(64)
Retained earnings (accumulated deficit)(143)(157)186246532761646
Other undisclosed stockholders' equity attributable to parent1111100
Total stockholders' equity:1,8651,8312,1422,2632,5031,8551,759
TOTAL LIABILITIES AND EQUITY:5,4865,1395,5995,7796,5463,7033,903

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
Revenues4,3504,2895,8126,3076,1753,2062,946
Revenue, net6,3076,1753,2062,946
Cost of revenue(3,548)(3,492)(4,857)(5,223)(5,050)(2,562)(2,339)
Cost of goods and services sold   (221)(199)(87)(2,339)
Gross profit:8027979551,0841,125644607
Operating expenses(653)(813)(888)(1,495)(1,222)(405)(388)
Other operating expense, net      (2)
Other undisclosed operating income      2
Operating income (loss):149(16)68(411)(97)240218
Nonoperating expense(132)(140)(153)(113)(99)(68)(82)
Foreign currency transaction gain (loss), before tax24(9)56(26)(13)
Other nonoperating income (expense)(28)(41)(30)4110(5)
Interest and debt expense(1)(102)(4)(127)(119)(45)(64)
Other undisclosed income from continuing operations before equity method investments, income taxes110241271194564
Income (loss) from continuing operations before income taxes:17(156)(85)(525)(195)171137
Income tax expense (benefit)324623238(33)(56)(47)
Net income (loss):49(110)(61)(286)(229)11590
Other undisclosed net loss attributable to parent(35)(251)     
Net income (loss) available to common stockholders, diluted:14(361)(61)(286)(229)11590

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):49(110)(61)(286)(229)11590
Other comprehensive income (loss) 13(36)4012(49)(33)
Comprehensive income (loss):49(97)(97)(246)(216)6657
Other undisclosed comprehensive loss, net of tax, attributable to parent(15)(251)     
Comprehensive income (loss), net of tax, attributable to parent:34(348)(97)(246)(216)6657

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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