ALLIANCE DATA SYSTEMS CORP ADS Balance Sheet

Alliance data systems corp (ADS)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Cash and cash equivalents
4,456	3,874	4,512	4,026	3,685	3,817	3,600	3,449	3,549	4,190	3,326	1,945	1,866	1,859	1,500	1,316	970	1,168	977	822	760	1,077	634	631	706	969	784	749	764	893	766	642	399	216	239	232	300	139	391	250	213
Accounts receivable, net, less allowance for doubtful accounts ($3.4 at each of March 31, 2020 and December 31, 2019, respectively)
359	451	450	427	354	404	866	691	699	822	769	697	699	797	687	666	595	706	642	563	571	743	455	394	374	394	337	337	331	370	287	319	245	300	265	296	228	260	234	209	225
Credit card and loan receivables:
Seller's interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	297
Credit card receivables - restricted for securitization investors
12,033	13,504	12,534	12,496	12,550	13,418	12,565	13,524	13,578	14,293	11,304	10,987	10,608	11,437	9,928	9,748	9,509	10,592	8,589	8,315	7,730	8,312	7,214	6,737	6,486	7,080	6,185	6,074	5,960	6,597	5,838	4,891	4,540	4,886	4,342	4,338	4,287	4,795	4,406	4,295	0
Other credit card and loan receivables
5,698	5,958	5,393	5,117	4,300	4,436	4,861	4,460	4,240	4,319	5,135	5,334	5,153	5,106	4,687	4,236	3,980	3,207	3,210	2,971	2,998	2,931	2,080	1,796	1,602	1,492	-	-	-	852	-	-	-	-	-	-	-	-	-	-	-
Total credit card and loan receivables
17,731	19,463	17,927	17,614	16,850	17,855	17,427	17,984	17,819	18,613	16,439	16,321	15,762	16,543	14,615	13,985	13,490	13,799	11,800	11,286	10,729	11,243	9,294	8,533	8,088	8,572	7,508	7,230	7,026	7,449	6,579	5,710	5,434	5,666	4,974	4,939	4,864	5,356	4,945	5,043	671
Allowance for loan loss
2,150	1,171	1,065	1,010	1,021	1,038	1,114	1,189	1,169	1,119	1,033	1,069	1,020	948	874	782	727	741	671	623	586	570	511	483	482	503	462	448	471	481	448	432	447	468	448	461	489	518	514	526	54
Credit card and loan receivables, net
15,581	18,292	16,862	16,603	15,829	16,816	16,312	16,795	16,649	17,494	15,406	15,252	14,741	15,595	13,741	13,202	12,762	13,057	11,128	10,663	10,143	10,673	8,783	8,050	7,606	8,069	7,046	6,782	6,555	6,967	6,130	5,278	4,986	5,197	4,526	4,478	4,374	4,838	4,431	4,516	616
Credit card receivables held for sale
88	408	1,418	1,834	1,848	1,951	1,720	984	950	1,026	888	384	405	417	525	508	507	95	98	113	143	125	-	-	-	62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	288	237	225	210	218	200	196	201	216	221	223	228	237	183	208	248	252	251	252	272	279	340	339	197
Inventories, net
189	218	250	243	242	248	265	233	256	234	257	246	245	271	278	225	240	228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan receivables held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	63	62	-	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other credit card receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,271	1,156	1,066	-	741	818	893	779	632	601	576	560	539	748	671
Other current assets
461	268	695	279	275	293	601	352	783	348	746	765	311	324	441	296	658	249	544	477	458	456	728	444	418	177	175	455	670	171	155	553	155	121	166	132	111	127	112	116	201
Redemption settlement assets, restricted
568	600	593	594	576	558	587	574	581	589	576	547	513	324	428	473	495	456	468	491	489	520	529	565	568	510	545	509	537	492	495	476	494	515	448	479	483	472	495	476	574
Current assets of discontinued operations
-	-	-	4,264	4,224	622	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	3	5	8	11	18	22	34
Total current assets
21,704	24,112	24,783	28,273	27,035	24,711	23,955	23,081	23,470	24,705	21,969	19,839	18,783	19,589	17,601	16,689	16,230	16,250	14,097	13,357	12,777	13,814	11,401	10,344	9,938	10,400	9,110	9,057	9,087	9,132	8,019	7,477	6,529	6,606	5,901	5,877	5,779	6,129	6,023	5,931	2,359
Property and equipment, net
263	282	286	285	289	288	610	620	614	613	615	609	590	586	583	584	574	576	561	548	545	559	337	337	326	299	276	265	255	253	224	218	206	195	182	195	170	170	162	157	165
Right of use assets - operating
256	264	255	268	271	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
282	45	44	45	45	44	65	82	26	28	22	21	20	20	4	3	2	0	0	0	0	0	2	2	2	2	27	28	27	30	79	54	46	43	44	53	47	46	-	-	0
Due from securitizations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	775
Cash collateral, restricted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	6	24	-	36	34	34	34	33	47	67	65	62	124	144	158	654	317	318	185	205	313	216
Intangible assets, net
129	153	174	195	189	217	603	667	739	800	813	875	934	1,003	1,077	1,128	1,187	1,203	1,268	1,338	1,405	1,515	752	791	840	460	489	520	552	582	403	347	365	383	403	424	302	314	332	283	316
Goodwill
929	954	937	960	950	954	3,857	3,857	3,890	3,880	3,873	3,848	3,808	3,800	3,837	3,835	3,847	3,814	3,835	3,811	3,790	3,865	2,245	2,301	2,296	1,735	1,741	1,736	1,743	1,751	1,458	1,450	1,455	1,449	1,442	1,462	1,228	1,221	1,214	1,161	1,166
Other non-current assets
668	682	675	710	651	636	671	640	651	656	600	534	505	514	535	530	557	504	531	484	508	507	416	403	319	311	285	210	191	185	165	152	154	142	141	216	182	203	192	199	225
Long-term assets of discontinued operations
-	-	-	-	-	3,535	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
24,234	26,494	27,157	30,739	29,433	30,387	29,763	28,950	29,392	30,684	27,894	25,728	24,642	25,514	23,639	22,771	22,399	22,349	20,300	19,547	19,052	20,263	15,193	14,214	13,757	13,244	11,964	11,867	11,926	12,000	10,412	9,826	8,902	8,980	8,769	8,548	8,029	8,272	8,130	8,046	5,225
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable
203	300	436	504	548	486	606	532	593	651	529	406	391	568	429	397	404	442	382	387	412	455	318	320	362	210	258	241	258	215	236	169	171	149	122	111	113	121	124	125	103
Accrued expenses
407	327	1,061	370	333	322	364	395	303	442	335	301	320	346	344	273	323	566	395	289	310	457	553	506	492	262	302	243	221	274	238	160	181	206	223	170	119	168	132	108	128
Current operating lease liabilities
22	22	23	22	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	326	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of deposits
6,521	6,942	7,001	6,777	5,922	6,537	6,267	6,160	6,125	6,366	5,823	4,753	4,713	4,673	3,911	3,479	3,149	2,980	2,589	2,542	2,533	2,645	2,066	1,752	1,381	1,544	1,138	1,106	1,056	1,092	984	809	619	642	752	357	380	442	452	426	772
Current portion of non-recourse borrowings of consolidated securitization entities
2,520	3,030	2,040	1,170	2,185	2,717	1,456	2,477	2,732	1,339	1,933	1,619	1,644	1,639	1,324	2,084	1,389	1,049	1,230	1,650	1,708	1,058	1,268	643	250	1,025	315	660	1,581	1,474	1,420	1,634	1,421	1,694	1,769	1,494	1,383	1,743	885	253	0
Current portion of long-term and other debt
101	101	152	310	161	138	130	123	116	131	538	540	828	814	421	229	373	369	389	200	193	208	78	65	384	364	355	1,131	823	803	782	22	22	19	19	19	1,074	255	262	269	51
Other current liabilities
228	338	307	307	262	291	331	291	310	368	384	364	328	399	379	307	290	294	280	248	235	306	210	186	186	140	132	133	112	117	104	106	99	105	99	107	102	85	92	86	88
Deferred revenue
748	807	787	791	768	766	802	788	804	846	847	818	779	788	628	702	713	699	703	755	746	846	873	923	907	966	1,001	968	997	1,055	1,031	994	1,017	1,036	995	1,078	1,053	1,044	1,013	967	984
Current liabilities of discontinued operations
-	-	-	351	392	223	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	0	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
10,752	11,872	11,812	10,606	10,596	11,484	9,959	10,768	10,985	10,146	10,392	8,804	9,004	9,229	7,440	7,473	6,643	6,403	5,972	6,073	6,141	6,305	5,370	4,398	3,965	4,512	3,504	4,484	5,051	5,032	4,800	3,898	3,532	3,855	3,981	3,338	4,227	3,862	2,962	2,237	2,130
Deferred revenue
103	114	109	111	108	109	113	112	113	120	119	117	138	143	147	151	151	145	148	160	153	166	164	166	158	170	178	173	186	193	202	196	196	190	179	190	184	176	167	160	161
Deferred tax liability, net
-	80	80	217	230	256	223	189	189	211	254	261	322	334	294	336	347	631	642	647	672	690	362	371	390	275	265	268	282	277	191	187	155	151	112	118	80	82	106	107	140
Long-term operating lease liabilities
282	291	282	296	299	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
4,864	5,209	5,500	5,757	5,369	5,256	5,082	4,399	4,359	4,564	4,550	3,969	3,491	3,718	3,702	3,386	2,933	2,625	2,633	2,035	1,976	2,127	1,660	1,257	1,292	1,272	1,171	1,148	1,120	1,135	850	843	668	711	616	470	450	416	514	672	692
Non-recourse borrowings of consolidated securitization entities
3,840	4,253	4,853	5,556	4,589	4,934	6,014	5,295	5,389	7,467	4,932	4,942	4,547	5,316	4,575	3,916	4,934	5,433	3,743	3,573	3,088	4,133	3,183	3,668	3,921	3,566	3,666	3,351	2,501	2,656	2,094	1,803	1,488	1,566	1,314	1,812	1,916	1,916	2,476	3,099	0
Long-term and other debt
2,974	2,748	2,693	5,515	5,720	5,586	5,677	5,667	5,973	5,948	5,704	5,882	5,445	4,786	5,404	5,485	5,151	4,648	4,710	4,649	4,672	4,001	2,878	2,895	2,575	2,435	2,327	1,724	2,047	2,051	1,660	2,405	2,405	2,163	2,234	2,341	934	1,614	1,666	1,544	1,730
Other liabilities
329	337	328	287	278	392	401	399	380	370	346	325	330	326	291	292	305	285	266	215	209	207	175	166	160	154	137	134	131	123	120	131	160	166	185	188	185	180	190	190	98
Long-term liabilities of discontinued operations
-	-	-	-	-	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
23,147	24,906	25,660	28,348	27,193	28,055	27,471	26,831	27,391	28,829	26,300	24,303	23,279	23,855	21,856	21,041	20,465	20,172	18,115	17,354	16,914	17,632	13,795	12,924	12,464	12,388	11,253	11,286	11,321	11,471	9,919	9,465	8,608	8,804	8,623	8,461	7,978	8,249	8,084	8,011	4,952
Commitments and contingencies (Note 15)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
Redeemable non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	192	167	236	233	226	235	317	342	342	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' equity:
Common stock, $0.01 par value; authorized, 200.0 shares; issued, 115.0 shares at each of March 31, 2020 and December 31, 2019, respectively
1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
3,259	3,257	3,255	3,259	3,177	3,172	3,148	3,132	3,101	3,099	3,080	3,063	3,015	3,046	3,019	3,003	2,975	2,981	2,956	2,937	2,902	2,905	1,551	1,527	1,508	1,512	1,487	1,466	1,448	1,454	1,429	1,412	1,394	1,387	1,365	1,350	1,331	1,320	1,302	1,288	1,235
Treasury stock, at cost, 67.4 shares at each of March 31, 2020 and December 31, 2019, respectively
6,733	6,733	6,733	5,980	5,938	5,715	5,474	5,371	5,272	5,272	5,272	5,218	5,116	4,733	4,620	4,450	4,341	3,927	3,840	3,674	3,540	2,975	2,906	2,890	2,737	2,689	2,689	2,666	2,509	2,458	2,386	2,379	2,323	2,320	2,267	2,196	2,141	2,079	2,007	1,956	1,931
Retained earnings
4,678	5,163	5,095	5,233	5,127	5,012	4,758	4,493	4,307	4,167	3,924	3,720	3,611	3,494	3,514	3,306	3,233	3,092	2,948	2,819	2,688	2,540	2,488	2,324	2,186	2,049	1,931	1,798	1,682	1,553	1,469	1,350	1,246	1,131	1,065	971	902	815	769	715	1,033
Accumulated other comprehensive loss
-118	-99	-122	-121	-127	-138	-143	-136	-136	-140	-140	-141	-148	-150	-130	-131	-128	-137	-117	-124	-139	-75	-54	-14	-8	-18	-19	-19	-17	-21	-21	-22	-24	-23	-17	-38	-42	-34	-18	-13	-65
Total stockholders' equity
1,087	1,588	1,496	2,391	2,239	2,332	2,291	2,119	2,001	1,855	1,593	1,424	1,363	1,658	1,783	1,729	1,741	2,010	1,947	1,959	1,911	2,396	1,080	947	949	855	711	580	604	528	492	360	293	175	146	87	50	23	45	34	272
Total liabilities and stockholders' equity
24,234	26,494	27,157	30,739	29,433	30,387	29,763	28,950	29,392	30,684	27,894	25,728	24,642	25,514	23,639	22,771	22,399	22,349	20,300	19,547	19,052	20,263	15,193	14,214	13,757	13,244	11,964	11,867	11,926	12,000	10,412	9,826	8,902	8,980	8,769	8,548	8,029	8,272	8,130	8,046	5,225