BWX TECHNOLOGIES, INC. BWXT Balance Sheet

Bwx technologies, inc. (BWXT)

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	Dec'10
ASSETS
Current Assets:
Cash and cash equivalents
77	86	13	34	22	29	66	317	143	203	203	147	95	125	45	97	67	154	135	46	274	123	196	215	208	346	219	242	261	383	200	206	249	415	261	258	391
Restricted cash and cash equivalents
3	3	3	4	4	3	4	5	5	7	7	7	5	6	5	5	15	15	17	15	50	50	43	39	35	45	46	48	60	60	61	56	59	61	44	21	12
Investments
3	5	3	3	3	3	2	1	1	2	3	4	12	14	14	14	4	3	2	4	10	4	19	4	6	10	45	69	93	88	139	155	111	68	39	27	0
Accounts receivable – trade, net
63	56	71	68	65	71	194	200	174	189	160	145	187	135	157	133	157	153	180	146	404	165	424	381	328	360	414	407	374	364	371	339	329	305	345	353	289
Accounts receivable – other
11	13	18	17	12	13	46	14	8	19	14	10	29	25	23	22	32	22	27	11	51	6	66	64	66	45	64	61	72	61	64	75	76	77	71	75	64
Retainages
62	46	70	60	72	57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract with Customer, Asset, Net, Current
407	376	399	358	351	318	326	317	337	420	413	400	382	356	345	358	323	265	266	314	395	290	350	341	425	370	379	344	332	316	387	370	336	315	294	273	225
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	11	109	9	116	112	109	113	113	111	117	124	131	115	114	107	108	105	100
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42	33	73	38	97	99	97	97	100	81	74	78	104	106	88	102	109	97	90
Other current assets
37	41	41	40	45	43	44	32	33	30	28	29	30	29	24	32	33	32	21	42	49	32	57	70	61	47	45	50	53	41	28	33	44	33	54	77	34
Assets held for sale
20	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	752	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets
687	629	621	587	577	542	684	890	702	873	830	745	743	693	617	664	634	647	705	627	1,420	1,473	1,371	1,329	1,339	1,437	1,430	1,417	1,440	1,521	1,488	1,459	1,409	1,487	1,329	1,289	1,209
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment, Gross
-	-	1,233	1,182	1,150	1,132	1,073	1,034	1,023	1,013	974	945	931	922	879	867	856	846	831	827	1,171	880	1,179	1,178	1,138	1,126	1,111	1,114	1,107	1,099	1,070	1,046	1,038	1,017	994	996	968
Less: Accumulated depreciation
-	-	719	708	696	693	684	676	673	664	661	647	635	622	615	604	592	578	568	562	742	573	716	708	690	679	667	670	661	652	639	621	611	595	586	579	550
Property, Plant and Equipment, Net
594	580	514	473	454	439	389	357	349	348	312	298	296	299	263	262	264	268	262	265	428	307	463	469	448	447	443	443	445	447	431	425	427	422	408	416	418
Investments
6	7	9	9	8	7	8	8	8	9	8	9	10	9	7	6	8	6	6	7	8	7	4	4	4	4	4	4	4	4	4	3	4	3	16	65	74
Goodwill
271	275	277	278	275	274	278	215	216	218	217	214	211	210	168	168	168	168	168	169	376	169	395	396	281	281	281	280	280	280	280	278	276	276	269	272	269
Deferred Income Taxes
55	58	60	61	61	63	45	84	84	86	176	182	182	194	175	176	178	181	132	126	250	132	117	96	119	127	213	209	216	227	226	218	236	241	169	195	236
Investments in Unconsolidated Affiliates
71	70	70	68	65	63	62	57	47	43	39	41	42	42	47	45	36	32	33	31	133	31	141	158	185	184	201	201	189	186	198	186	178	163	166	155	100
Intangible Assets
185	191	191	195	194	228	240	103	106	110	113	113	113	114	56	57	57	58	58	59	105	60	114	119	80	81	82	85	87	87	-	-	-	-	-	-	-
Other Assets
94	95	81	82	80	35	26	24	22	22	23	19	17	14	27	18	17	12	43	49	68	50	48	49	41	45	82	83	86	86	174	209	204	194	185	182	191
Assets of Discontinued Operations - Non-current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	623	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL
1,966	1,908	1,826	1,756	1,716	1,655	1,735	1,742	1,539	1,712	1,723	1,624	1,617	1,579	1,365	1,401	1,365	1,375	1,410	1,337	2,792	2,856	2,656	2,626	2,499	2,609	2,739	2,725	2,749	2,840	2,803	2,781	2,736	2,789	2,545	2,578	2,500
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Current maturities of long-term debt
13	14	14	14	14	14	14	14	27	27	27	27	27	27	20	15	15	15	11	15	18	15	8	7	5	4	4	4	4	4	2	4	4	4	4	3	4
Accounts payable
123	170	122	108	98	114	100	88	99	93	89	68	80	99	76	83	72	74	60	77	199	88	212	199	233	319	268	265	280	264	269	247	224	237	213	199	185
Accrued employee benefits
54	82	70	63	56	77	74	67	57	82	76	60	52	81	56	54	48	67	60	53	86	85	100	98	157	163	165	172	147	186	176	201	236	303	235	245	235
Accrued liabilities – other
44	52	48	51	58	62	53	48	51	64	55	38	42	72	70	68	77	44	54	59	101	44	87	79	64	58	72	77	77	57	61	62	77	71	67	81	71
Advance billings on contracts
80	75	66	67	88	98	104	77	77	246	198	185	167	147	144	153	145	138	140	123	254	107	232	244	288	317	395	419	417	472	404	445	430	438	410	409	369
Accrued warranty expense
4	9	11	9	10	10	12	12	13	13	12	12	11	11	12	12	13	13	15	16	53	15	59	58	54	56	67	74	82	83	91	96	98	97	94	101	109
Income taxes payable
18	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	-	19	15	10	8	5	6	18	0	-	9	9	26	2	1	3	3	5
Liabilities associated with assets held for sale
2	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	446	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities
343	404	333	315	325	377	359	309	327	528	459	392	382	439	381	387	372	353	377	344	733	819	711	695	808	927	991	1,014	1,009	1,079	1,016	1,084	1,075	1,154	1,028	1,043	981
Long-Term Debt
911	809	849	855	856	753	756	666	471	481	489	489	542	497	423	271	274	278	288	315	281	285	298	260	15	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Postretirement Benefit Obligation
22	23	19	19	19	19	20	20	20	21	19	18	18	19	19	20	20	20	26	27	56	29	46	47	45	43	66	67	69	71	75	77	79	80	78	83	84
Environmental Liabilities
80	80	90	89	87	86	89	80	80	79	86	84	83	81	62	61	60	60	59	58	56	56	55	55	54	53	48	47	46	46	45	45	44	44	45	45	40
Pension Liability
164	172	162	166	169	173	102	259	274	296	325	340	350	357	339	347	353	358	303	305	558	308	346	376	320	336	532	548	579	579	541	501	539	586	414	481	579
Other Liabilities
15	14	16	15	15	9	15	18	19	19	34	33	33	33	19	19	15	24	22	29	57	43	58	54	59	65	59	59	58	60	66	90	88	87	91	91	100
Liabilities of Discontinued Operations - Non-current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	299	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commitments and Contingencies (Note 6)
-	-	-	-	-	-	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
Stockholders' Equity:
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 126,888,659 and 126,579,285 shares at 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	1	1	1	1	1	1	1	1	1	1	1	1
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued
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	0	0	0	0	0	0	0
Capital in excess of par value
138	134	128	124	119	115	112	108	107	98	92	87	75	22	16	49	36	22	15	13	784	775	772	764	754	747	740	730	721	713	1,134	1,125	1,116	676	1,098	1,091	1,067
Retained earnings
1,401	1,344	1,299	1,240	1,198	1,166	1,159	1,097	1,053	990	1,017	982	931	885	857	826	778	739	746	648	676	642	756	706	690	656	502	450	387	349	417	377	313	130	202	156	96
Treasury stock at cost, 31,660,046 and 31,266,670 shares at March 31, 2020 and December 31, 2019, respectively
1,093	1,068	1,067	1,067	1,066	1,037	884	820	820	814	814	813	807	762	761	589	553	498	446	425	425	423	423	373	289	268	251	237	168	109	13	12	12	10	9	8	2
Accumulated other comprehensive income (loss)
-18	-7	-7	-4	-9	-10	3	1	4	9	10	6	5	3	5	4	4	0	0	5	-4	3	17	21	21	28	30	23	27	32	-496	-520	-518	26	-412	-409	-449
Stockholders' Equity – BWX Technologies, Inc.
429	404	354	294	242	235	392	388	345	285	307	263	205	150	118	292	267	265	317	242	1,031	998	1,124	1,120	1,178	1,164	1,022	969	968	986	1,043	970	899	825	879	830	712
Noncontrolling interest
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	13	13	13	15	15	15	16	18	18	18	18	17	16	14	11	9	9	5	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
429	404	354	294	242	235	392	388	345	285	308	264	206	150	118	292	267	279	331	256	1,046	1,014	1,139	1,136	1,197	1,182	1,040	987	985	1,002	1,057	982	908	834	885	831	713
TOTAL
1,966	1,908	1,826	1,756	1,716	1,655	1,735	1,742	1,539	1,712	1,723	1,624	1,617	1,579	1,365	1,401	1,365	1,375	1,410	1,337	2,792	2,856	2,656	2,626	2,499	2,609	2,739	2,725	2,749	2,840	2,803	2,781	2,736	2,789	2,545	2,578	2,500