COOPER TIRE & RUBBER CO CTB Balance Sheet

Cooper tire & rubber co (CTB)

Balance Sheet / TTM

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
ASSETS
Current assets:
Cash and cash equivalents
433	391	137	111	212	356	208	180	213	371	258	302	365	504	450	412	433	505	424	408	449	551	335	326	335	397	309	244	272	351	271	240	257	233	90	137	188	413
Notes receivable
13	0	8	4	12	5	7	24	66	13	15	12	14	7	5	5	5	8	10	10	6	4	90	83	78	86	68	64	41	47	51	65	77	71	31	38	36	69
Accounts Receivable, after Allowance for Credit Loss, Current
509	544	617	616	540	546	616	582	499	528	512	490	428	409	434	430	418	371	423	400	385	368	538	496	461	360	440	468	477	415	499	499	480	427	554	477	480	414
Inventories:
Finished goods
356	326	420	438	411	338	385	423	448	365	415	423	415	338	371	387	357	297	335	365	351	302	437	463	449	360	418	461	437	380	403	382	319	294	366	382	269	240
Work in process
24	28	29	30	30	27	33	31	34	31	32	33	31	29	27	25	24	26	28	28	27	28	40	42	42	35	37	40	42	40	43	46	47	40	45	50	41	26
Raw materials and supplies
120	109	116	120	121	114	112	125	128	115	124	121	119	101	97	93	92	87	101	95	95	91	123	135	130	120	131	151	178	140	139	138	124	130	177	208	169	119
Total inventories
501	464	566	589	563	479	531	580	611	511	573	578	565	470	496	506	474	412	464	489	474	421	602	641	621	517	587	654	658	561	585	568	491	465	589	642	480	386
Other current assets
46	52	48	48	54	67	53	59	63	63	54	44	30	28	44	49	33	36	92	89	83	40	94	86	91	92	86	93	75	72	66	67	66	65	24	42	52	56
Total current assets
1,504	1,452	1,378	1,371	1,384	1,456	1,417	1,426	1,453	1,488	1,413	1,428	1,404	1,420	1,431	1,404	1,366	1,334	1,415	1,397	1,399	1,386	1,661	1,635	1,589	1,454	1,494	1,524	1,525	1,449	1,474	1,441	1,373	1,263	1,291	1,338	1,237	1,340
Property, plant and equipment:
Land and land improvements
51	53	52	52	52	52	54	53	54	52	53	50	49	47	48	49	49	49	48	49	49	49	51	51	51	51	51	34	34	48	32	32	32	32	34	34	34	34
Buildings
345	344	331	330	318	314	309	310	312	311	310	304	300	282	281	279	278	277	277	279	278	277	329	327	329	326	324	315	313	315	305	306	306	302	326	324	323	320
Machinery and equipment
2,014	2,042	2,003	2,024	2,016	1,981	1,941	1,925	1,932	1,890	1,855	1,805	1,762	1,742	1,682	1,663	1,632	1,637	1,613	1,602	1,567	1,552	1,895	1,885	1,867	1,847	1,814	1,807	1,775	1,740	1,845	1,814	1,797	1,672	1,776	1,763	1,748	1,636
Molds, cores and rings
262	262	256	254	247	238	237	233	232	220	234	228	224	224	222	218	238	236	227	223	214	218	258	250	243	246	239	227	221	224	232	236	236	231	230	233	236	232
Total property, plant and equipment
2,674	2,702	2,644	2,663	2,635	2,587	2,542	2,522	2,532	2,474	2,452	2,388	2,337	2,297	2,234	2,210	2,198	2,200	2,166	2,154	2,109	2,098	2,534	2,516	2,491	2,472	2,430	2,384	2,345	2,329	2,415	2,389	2,372	2,239	2,367	2,356	2,343	2,224
Less: Accumulated depreciation
1,652	1,655	1,633	1,646	1,624	1,586	1,577	1,558	1,553	1,507	1,525	1,488	1,460	1,433	1,421	1,407	1,399	1,405	1,397	1,386	1,357	1,358	1,563	1,538	1,516	1,497	1,471	1,435	1,404	1,399	1,397	1,388	1,373	1,339	1,403	1,396	1,403	1,371
Property, plant and equipment, net
1,022	1,047	1,011	1,017	1,010	1,001	964	964	978	966	926	899	876	864	812	802	799	795	769	767	751	740	971	977	974	974	958	949	941	929	1,018	1,000	999	899	963	959	939	852
Operating lease right-of-use assets, net of accumulated amortization of $32,293 at 2020 and $26,121 at 2019
86	80	86	93	97	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
18	18	18	18	18	18	52	53	56	54	56	53	53	52	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	20	21	0
Intangibles, net of accumulated amortization of $128,403 at 2020 and $123,735 at 2019
108	111	113	115	117	120	122	125	126	133	135	138	139	140	132	132	132	133	134	136	139	137	153	154	156	160	161	160	156	150	16	16	16	98	17	16	16	17
Restricted cash
-	-	-	-	-	-	-	-	-	1	1	1	1	1	1	0	0	0	0	0	0	0	0	1	1	2	2	4	5	7	9	9	10	2	2	2	2	2
Deferred income tax assets
33	29	24	27	26	28	47	54	57	58	133	137	130	133	133	127	133	136	131	139	140	189	100	106	107	111	200	216	221	228	187	188	193	206	-	-	-	27
Investment in joint venture
48	48	48	49	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
10	12	14	11	21	8	7	7	7	4	5	5	6	5	15	17	16	16	17	17	16	15	16	16	15	15	17	16	15	16	30	29	29	20	68	70	68	65
Total assets
2,832	2,802	2,696	2,704	2,677	2,634	2,612	2,632	2,678	2,707	2,673	2,663	2,612	2,619	2,545	2,504	2,468	2,436	2,487	2,478	2,466	2,488	2,923	2,909	2,863	2,738	2,852	2,891	2,884	2,801	2,755	2,706	2,640	2,509	2,361	2,408	2,285	2,305
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings
277	12	16	19	20	15	14	47	41	39	36	38	14	26	12	3	7	12	17	15	15	64	184	24	25	22	26	47	34	32	47	118	140	131	139	136	127	146
Accounts payable
230	276	253	267	268	286	252	240	268	277	266	261	272	282	225	214	202	215	228	236	238	258	358	367	359	302	304	341	353	379	418	427	408	339	425	488	404	384
Accrued liabilities
208	302	305	280	248	282	269	262	244	280	186	193	187	183	221	208	192	199	222	197	189	184	264	240	230	211	273	231	239	221	228	190	186	152	166	185	182	152
Income taxes payable
2	2	15	8	4	0	17	2	5	6	38	25	17	5	10	18	29	4	12	13	14	1	16	10	15	11	13	12	39	18	20	27	8	6	4	4	6	4
Current portion of long-term debt
15	10	173	173	173	174	1	1	1	1	1	1	1	2	0	0	0	0	0	1	2	2	15	15	19	17	17	21	16	2	2	6	11	21	26	21	16	5
Total current liabilities
735	604	764	751	715	760	556	553	560	605	528	520	492	500	470	446	432	433	481	464	460	511	839	658	649	564	635	654	683	655	718	770	755	651	762	835	736	694
Long-term Debt and Lease Obligation
301	309	120	120	121	121	294	295	295	295	296	296	296	297	295	295	295	296	297	297	297	297	325	326	327	320	326	326	334	336	336	337	334	329	329	324	317	320
Noncurrent operating leases
61	55	60	67	72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Postretirement benefits other than pensions
227	227	234	234	235	236	255	255	256	256	247	247	247	247	251	250	249	249	263	263	264	264	239	239	239	238	294	293	292	291	299	297	294	293	263	261	259	257
Pension benefits
146	126	106	132	144	147	146	198	218	219	252	274	283	285	284	280	298	304	329	353	358	373	249	277	285	291	401	414	423	432	335	339	355	360	228	234	247	258
Other long-term liabilities
165	149	140	144	138	135	131	152	144	144	115	131	135	156	145	143	135	132	146	148	153	152	159	151	149	157	159	178	173	168	187	175	170	168	172	174	172	180
Deferred income tax liabilities
0	3	-	-	-	0	-	-	-	-	0	0	0	1	2	2	2	2	3	4	4	4	6	6	6	6	7	7	8	8	-	-	-	8	-	-	-	-
Redeemable noncontrolling shareholder interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	168	162	155	-	-	-	-	-	-	-	-	-	76	71	68	71
Equity [Abstract]
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	12	12	-
Preferred stock, $1 par value; 5,000,000 shares authorized; none 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
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2020 and 2019
87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87	87
Capital in excess of par value
15	22	21	20	19	21	20	19	18	20	20	20	18	25	23	23	18	16	12	10	5	5	1	1	-	4	4	2	-	0	-	3	2	1	0	0	0	61
Retained earnings
2,508	2,524	2,478	2,454	2,451	2,449	2,455	2,406	2,397	2,394	2,441	2,385	2,345	2,321	2,257	2,214	2,149	2,095	2,042	1,995	1,941	1,867	1,790	1,787	1,755	1,741	1,728	1,735	1,706	1,657	1,591	1,524	1,479	1,464	1,262	1,251	1,246	1,247
Accumulated other comprehensive loss
-512	-447	-455	-447	-448	-461	-470	-471	-451	-478	-500	-512	-527	-545	-520	-515	-506	-509	-527	-519	-526	-530	-399	-401	-406	-410	-519	-532	-544	-551	-499	-507	-510	-520	-415	-430	-444	-468
Parent stockholders' equity before treasury stock
2,099	2,187	2,132	2,115	2,110	2,097	2,092	2,042	2,051	2,024	2,050	1,980	1,925	1,889	1,849	1,809	1,748	1,690	1,614	1,573	1,507	1,430	1,480	1,475	1,437	1,423	1,301	1,293	1,250	1,195	1,179	1,108	1,059	1,032	934	908	890	928
Less: Common shares in treasury at cost (37,567,907 at 2020 and 37,647,058 at 2019)
921	922	923	923	923	925	925	924	910	897	876	845	825	813	788	761	731	711	688	668	621	586	587	428	431	433	433	433	434	437	442	453	454	454	454	455	458	467
Stockholders' Equity Attributable to Parent
1,177	1,264	1,209	1,192	1,186	1,172	1,167	1,118	1,140	1,127	1,173	1,135	1,100	1,076	1,060	1,048	1,016	979	926	905	886	843	893	1,046	1,005	990	868	859	815	757	737	655	604	577	479	453	431	460
Noncontrolling shareholders' interests in consolidated subsidiaries
18	63	59	61	61	60	60	58	63	58	58	57	55	54	35	36	37	38	38	41	40	40	41	42	44	166	159	155	151	150	140	130	125	120	37	40	39	62
Total equity
1,195	1,327	1,268	1,254	1,248	1,232	1,228	1,177	1,204	1,185	1,232	1,192	1,156	1,130	1,096	1,085	1,054	1,017	964	946	927	884	935	1,088	1,050	1,157	1,027	1,015	967	908	877	786	730	697	516	493	471	523
Total liabilities and equity
2,832	2,802	2,696	2,704	2,677	2,634	2,612	2,632	2,678	2,707	2,673	2,663	2,612	2,619	2,545	2,504	2,468	2,436	2,487	2,478	2,466	2,488	2,923	2,909	2,863	2,738	2,852	2,891	2,884	2,801	2,755	2,706	2,640	2,509	2,361	2,408	2,285	2,305