Brinker international, inc. (EAT)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
ASSETS
Current assets
Cash and Cash Equivalents, at Carrying Value

167

12

29

13

12

16

11

10

13

14

8

9

9

34

34

31

68

71

66

55

63

78

63

57

64

62

55

59

85

93

64

59

72

75

64

81

106

114

215

344

Accounts receivable, net

44

103

48

55

55

81

42

53

44

90

38

44

38

90

39

45

40

87

36

46

43

100

38

47

43

87

29

44

38

80

34

43

39

87

33

42

36

90

32

45

Inventories

26

26

25

23

24

24

23

24

24

24

24

24

26

25

24

25

24

25

25

23

24

25

24

23

24

24

24

24

24

26

25

25

26

27

26

25

26

27

26

26

Restaurant supplies

51

51

51

47

46

46

46

46

46

46

46

46

46

45

45

45

44

44

-

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

12

21

17

23

23

23

27

20

15

17

19

19

28

27

30

30

17

23

64

18

58

64

61

65

62

72

71

65

64

62

59

66

56

56

55

59

60

64

59

63

Income taxes receivable

14

9

1

14

6

4

-

0

-

0

3

-

-

-

-

-

0

-

-

-

-

-

-

-

0

0

9

4

0

0

6

1

-

-

-

0

-

14

9

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

17

12

16

-

-

-

0

1

0

0

2

6

5

6

11

12

14

13

20

Assets, Current

315

224

173

177

168

196

151

156

144

194

140

144

148

224

174

178

196

253

192

187

190

285

201

210

195

247

189

198

214

262

190

198

202

252

185

221

243

325

357

501

Property and equipment, at cost
Land

34

34

34

33

37

47

50

154

149

149

149

149

149

149

149

147

147

147

147

147

148

148

148

149

148

148

148

147

149

150

151

152

153

154

155

156

157

158

160

163

Buildings and leasehold improvements

1,551

1,540

1,539

1,454

1,460

1,465

1,463

1,673

1,673

1,665

1,660

1,655

1,654

1,649

1,639

1,626

1,620

1,622

1,609

1,546

1,536

1,522

1,503

1,483

1,470

1,460

1,447

1,435

1,421

1,407

1,408

1,399

1,393

1,388

1,386

1,383

1,380

1,377

1,379

1,367

Furniture and equipment

806

781

779

757

730

725

717

722

719

713

706

713

688

681

676

663

655

649

641

618

607

604

598

593

585

575

585

580

574

569

567

556

537

527

525

543

538

533

527

556

Construction-in-progress

27

22

22

19

26

38

25

22

10

10

15

21

12

11

16

23

18

13

15

15

17

14

24

32

24

10

14

20

12

17

13

11

7

6

7

6

2

3

3

11

Property plant and equipment, gross

2,420

2,378

2,375

2,264

2,254

2,277

2,256

2,571

2,553

2,538

2,531

2,539

2,503

2,490

2,481

2,461

2,442

2,432

2,414

2,327

2,309

2,289

2,274

2,259

2,228

2,194

2,195

2,183

2,157

2,144

2,141

2,119

2,092

2,076

2,074

2,090

2,079

2,072

2,069

2,099

Less accumulated depreciation and amortization

1,588

1,555

1,535

1,509

1,495

1,507

1,494

1,632

1,609

1,580

1,556

1,538

1,506

1,472

1,453

1,418

1,389

1,361

1,329

1,295

1,271

1,243

1,224

1,202

1,191

1,168

1,167

1,147

1,127

1,106

1,097

1,076

1,055

1,037

1,025

1,033

1,011

988

965

970

Net property and equipment

832

823

840

755

758

769

762

938

943

958

974

1,000

997

1,018

1,028

1,043

1,053

1,071

1,085

1,032

1,037

1,045

1,050

1,056

1,037

1,026

1,028

1,035

1,029

1,037

1,043

1,043

1,037

1,038

1,049

1,056

1,067

1,084

1,104

1,129

Other assets
Operating Lease, Right-of-Use Asset

1,159

1,175

1,192

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

187

189

189

165

163

163

164

163

164

164

164

163

163

163

163

164

163

160

160

132

132

132

133

133

133

133

133

142

125

125

125

125

124

124

124

124

124

124

124

124

Deferred Income Tax Assets, Net

42

40

45

112

119

113

112

33

29

26

32

37

35

33

29

14

11

28

45

33

23

32

32

30

25

22

21

24

27

26

20

20

20

22

25

30

24

30

42

44

Intangibles, net

23

23

24

22

22

23

23

24

24

25

25

27

27

28

29

30

30

31

31

16

17

17

18

18

-

-

-

10

-

-

-

-

-

-

-

-

-

-

-

-

Other

24

26

25

26

30

28

31

30

31

32

30

30

30

30

32

28

32

34

34

34

36

35

40

40

59

59

61

41

48

48

51

51

53

49

52

52

47

47

55

53

Total other assets

1,438

1,456

1,477

326

336

329

330

252

248

247

252

258

257

255

255

236

239

254

272

216

209

218

224

223

217

216

215

218

201

200

197

197

198

196

202

206

196

202

222

221

Assets

2,585

2,503

2,491

1,258

1,264

1,294

1,244

1,347

1,336

1,400

1,368

1,403

1,403

1,498

1,458

1,458

1,489

1,579

1,549

1,435

1,437

1,549

1,476

1,490

1,450

1,489

1,433

1,452

1,445

1,501

1,431

1,439

1,438

1,488

1,437

1,484

1,507

1,612

1,684

1,852

LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities
Current installments of long-term debt

-

-

-

-

7

8

7

7

7

8

9

9

3

3

3

3

3

3

3

3

3

28

27

27

27

27

27

27

27

27

27

27

27

27

20

22

22

21

21

16

Accounts payable

101

92

105

97

108

112

97

104

97

92

93

104

85

88

93

95

94

82

84

92

89

77

90

102

93

75

85

93

83

83

78

100

92

86

77

87

82

84

79

112

Gift card liability

108

148

97

100

109

153

106

119

126

166

118

126

131

174

120

122

128

166

107

114

-

-

-

104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll

55

71

69

82

83

66

62

74

75

62

63

70

75

63

66

70

73

73

65

82

-

-

-

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

120

119

119

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Accrued Liabilities, Current

133

120

124

141

144

148

159

127

139

121

130

111

134

131

133

121

121

121

127

111

312

397

321

146

283

319

250

269

273

304

247

273

285

307

255

287

287

326

269

300

Income taxes payable, net

-

-

-

-

0

0

74

1

2

0

0

14

6

7

7

22

0

0

3

13

1

7

1

7

10

4

-

0

6

13

-

-

5

0

0

8

1

0

0

19

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

0

1

3

0

-

2

3

0

-

-

-

-

-

-

-

-

Total current liabilities

520

552

516

421

453

488

507

434

448

451

414

436

437

469

425

435

422

449

393

418

406

511

440

466

416

428

366

391

390

431

356

401

411

422

354

405

394

432

370

449

Long-term debt and finance leases, less current installments

1,428

1,290

1,313

1,206

1,219

1,263

1,153

1,499

1,361

1,365

1,353

1,319

1,325

1,416

1,441

1,110

1,174

1,156

1,125

970

933

901

865

832

817

806

813

780

677

684

671

587

554

561

568

502

508

513

519

524

Operating Lease, Liability, Noncurrent

1,154

1,172

1,189

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred sale leaseback gain, long-term portion

0

0

0

255

250

252

251

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities, Other than Long-term Debt, Noncurrent

57

57

56

153

154

145

148

131

134

136

139

141

138

142

141

137

135

139

138

125

129

132

131

129

128

130

133

131

132

132

136

139

138

135

136

137

139

138

148

148

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

-

-

-

-

Shareholders’ deficit
Common stock (250.0 million authorized shares; $0.10 par value; 62.2 million shares issued and 36.9 million shares outstanding at March 25, 2020, and 176.2 million shares issued and 37.5 million shares outstanding at June 26, 2019)

6

6

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

Additional paid-in capital

526

527

525

522

519

514

503

511

509

505

503

502

501

458

434

495

492

488

485

490

488

480

477

484

480

472

469

477

472

468

467

466

461

458

457

463

464

463

463

465

Accumulated other comprehensive loss

-6

-5

-5

-5

-5

-6

-5

-5

-5

-5

-10

-11

-13

-13

-12

-11

-11

-11

-11

-8

-8

-5

-1

-0

-1

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Retained (deficit) earnings

-347

-364

2,967

2,771

2,739

2,704

2,686

2,683

2,655

2,625

2,618

2,627

2,605

2,579

2,562

2,545

2,513

2,474

2,445

2,431

2,391

2,344

2,320

2,306

2,293

2,253

2,230

2,217

2,185

2,147

2,125

2,112

2,078

2,045

2,023

2,013

1,983

1,955

1,930

1,923

Shareholders' equity including treasury stock

-

-

-

-

3,269

3,229

3,202

3,206

3,177

3,143

3,128

3,134

3,111

3,042

3,002

3,046

3,012

2,968

2,936

2,930

2,889

2,837

2,813

2,807

2,789

2,744

2,717

2,712

2,675

2,634

2,610

2,597

2,557

2,521

2,499

2,494

2,465

2,436

2,412

2,406

Treasury stock, at cost (25.3 million shares at March 25, 2020, and 138.7 million shares at June 26, 2019)

752

732

4,089

4,083

4,084

4,084

4,018

3,924

3,785

3,695

3,667

3,628

3,610

3,572

3,553

3,272

3,255

3,133

3,045

3,009

2,921

2,832

2,775

2,744

2,701

2,620

2,597

2,563

2,430

2,381

2,342

2,287

2,223

2,152

2,120

2,055

1,999

1,908

1,766

1,678

Total shareholders’ deficit

-574

-568

-585

-778

-814

-855

-815

-718

-608

-552

-539

-493

-498

-530

-551

-225

-243

-164

-108

-78

-32

4

38

63

88

123

119

149

245

252

268

309

333

368

378

438

465

527

645

728

Total liabilities and shareholders’ deficit

2,585

2,503

2,491

1,258

1,264

1,294

1,244

1,347

1,336

1,400

1,368

1,403

1,403

1,498

1,458

1,458

1,489

1,579

1,549

1,435

1,437

1,549

1,476

1,490

1,450

1,489

1,433

1,452

1,445

1,501

1,431

1,439

1,438

1,488

1,437

1,484

1,507

1,612

1,684

1,852