Esterline technologies corp (ESL)
Balance Sheet / Quarterly
Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Oct'09
ASSETS
Current Assets
Cash and cash equivalents

391

372

372

351

367

354

307

279

253

278

258

237

219

200

191

187

172

128

238

210

207

208

179

199

169

202

160

213

191

193

185

207

391

351

422

282

176

Cash in escrow

-

-

-

-

-

-

-

0

0

0

1

1

1

-

0

-

-

180

-

0

0

4

4

4

4

5

5

5

5

5

5

5

5

14

0

-

-

Accounts receivable, net of allowances of $16,647 and $16,203

439

441

441

401

404

374

430

401

398

363

421

393

374

342

380

373

384

342

379

361

354

328

383

332

340

331

383

333

361

350

369

364

308

263

309

272

270

Inventories
Raw materials and purchased parts

188

-

180

185

195

200

-

192

183

181

-

180

175

171

-

174

179

159

-

181

178

172

165

163

158

155

-

145

141

133

-

135

126

118

-

111

-

Work in progress

159

-

173

188

189

182

-

183

176

171

-

176

187

178

-

191

196

178

-

206

204

196

182

184

177

178

-

175

179

170

-

216

124

121

-

104

-

Finished goods

104

-

103

105

105

113

-

111

105

101

-

109

97

97

-

103

102

87

-

104

106

105

99

97

93

87

-

89

93

90

-

92

64

64

-

50

-

Inventories

452

457

457

479

491

496

477

487

465

454

447

466

460

447

446

469

479

425

433

493

489

474

447

445

429

421

409

410

413

395

402

444

315

303

262

266

275

Income tax refundable

10

9

9

18

19

8

12

5

6

10

5

4

11

12

12

17

9

6

5

7

7

5

6

9

7

6

4

10

6

10

2

7

12

22

17

11

7

Deferred income tax benefits

-

-

-

-

-

-

-

-

-

-

-

0

-

42

41

36

52

54

48

50

47

46

47

47

46

47

46

46

49

45

48

49

38

38

37

38

31

Prepaid expenses

24

19

19

23

22

22

19

22

21

19

18

20

21

21

23

21

23

25

20

24

26

24

18

21

23

27

21

23

25

21

19

21

18

16

16

17

17

Other current assets

4

3

3

4

10

14

13

9

5

5

5

5

6

7

5

17

3

2

2

4

5

4

5

3

3

6

4

2

5

3

6

13

18

10

11

13

17

Current assets of businesses held for sale

-

0

-

4

4

2

6

3

3

9

15

18

19

25

27

14

40

38

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Assets

1,322

1,303

1,303

1,282

1,320

1,274

1,268

1,210

1,154

1,140

1,172

1,148

1,113

1,098

1,128

1,138

1,166

1,203

1,169

1,153

1,138

1,096

1,091

1,062

1,023

1,047

1,035

1,045

1,056

1,023

1,039

1,114

1,107

1,020

1,076

902

796

Property, Plant and Equipment
Land

-

25

-

-

-

-

32

-

-

-

28

-

-

-

28

-

-

-

29

-

-

-

-

-

-

-

32

-

-

-

34

-

-

-

28

-

23

Buildings

-

259

-

-

-

-

269

-

-

-

240

-

-

-

225

-

-

-

225

-

-

-

-

-

-

-

231

-

-

-

225

-

-

-

186

-

179

Machinery and equipment

-

546

-

-

-

-

560

-

-

-

526

-

-

-

475

-

-

-

465

-

-

-

-

-

-

-

437

-

-

-

410

-

-

-

330

-

312

Property, Plant and Equipment

833

831

831

826

836

874

862

842

812

791

795

778

771

732

729

723

716

703

721

790

784

767

767

746

720

715

701

685

688

672

669

634

578

558

546

539

515

Accumulated depreciation

524

516

516

509

507

528

514

499

478

461

457

451

443

425

419

417

410

400

402

427

418

400

396

382

369

358

345

330

324

311

301

294

290

277

272

265

252

Total Property, Plant and Equipment

309

314

314

316

328

346

348

343

333

330

338

326

327

307

309

306

306

303

319

363

366

366

371

363

351

356

356

355

363

360

368

340

287

280

273

274

263

Other Non-Current Assets
Goodwill

1,013

1,030

1,030

1,031

1,060

1,058

1,053

1,032

1,000

992

1,024

1,027

1,042

1,019

1,041

1,040

1,074

1,003

1,071

1,132

1,143

1,130

1,128

1,106

1,107

1,105

1,098

1,076

1,141

1,130

1,163

1,190

835

806

739

733

736

Intangibles, net

289

306

306

318

341

350

359

361

359

366

393

405

425

429

452

459

475

429

471

560

581

581

580

584

595

599

609

608

652

655

693

728

456

447

389

392

422

Debt issuance costs, net of accumulated amortization of $662 and $5,743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

11

3

4

4

5

5

6

6

7

8

8

9

9

10

10

11

9

7

7

5

7

Deferred income tax benefits

44

44

44

55

56

51

56

75

73

74

75

69

65

27

28

75

62

59

71

68

71

71

71

93

94

97

97

88

83

82

79

93

95

88

87

83

79

Other assets

37

33

33

17

17

20

19

16

14

12

13

15

15

14

14

22

21

20

14

24

19

18

11

7

7

19

20

18

20

24

22

21

22

10

13

10

9

Non-current assets of businesses held for sale

0

4

4

12

14

14

13

10

10

11

11

10

21

22

24

31

56

59

71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Assets

3,017

3,036

3,036

3,034

3,139

3,115

3,120

3,049

2,946

2,927

3,029

3,004

3,012

2,919

3,000

3,085

3,176

3,083

3,193

3,308

3,325

3,270

3,262

3,224

3,187

3,235

3,227

3,202

3,327

3,287

3,378

3,499

2,814

2,661

2,587

2,402

2,314

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Accounts payable

123

147

147

133

148

133

138

128

123

108

126

128

123

116

117

111

123

106

115

123

118

116

123

117

111

103

108

109

114

111

119

125

84

76

82

79

82

Accrued liabilities

228

232

232

218

226

217

230

228

232

223

235

246

257

245

259

267

264

241

262

238

242

238

253

258

240

259

269

268

259

265

270

289

233

228

215

200

191

Credit facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

0

0

0

5

0

110

0

1

2

5

Current maturities of long-term debt

17

17

17

15

15

17

17

14

14

16

16

16

17

16

13

1

1

12

12

12

17

21

21

21

20

10

10

12

13

13

11

13

1

14

12

10

5

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

3

1

3

2

2

2

1

3

5

5

3

5

2

9

22

10

6

7

7

7

U.S. and foreign income taxes

7

5

5

7

7

1

0

4

4

9

9

6

1

1

2

3

1

2

1

2

6

4

7

1

2

4

2

13

11

12

1

11

2

4

5

3

1

Current liabilities of businesses held for sale

0

0

0

3

4

2

7

0

1

9

10

12

14

18

17

8

14

13

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

378

403

403

378

402

371

393

376

376

367

399

410

413

398

410

395

407

379

408

380

388

383

408

400

379

383

396

408

403

405

418

461

443

330

324

302

294

Long-Term Liabilities
Credit facilities

-

0

-

25

45

70

50

65

90

150

155

170

165

150

160

200

120

280

100

115

130

155

130

170

200

225

240

300

300

335

360

395

-

-

0

-

-

Long-term debt, net of current maturities

646

654

654

695

721

712

709

701

674

671

698

688

698

681

701

712

722

502

509

513

519

530

537

562

558

578

598

619

660

656

660

675

495

594

598

531

520

Deferred income tax liabilities

26

28

28

34

41

42

43

45

42

40

54

57

63

67

73

133

137

136

149

178

184

187

193

198

201

204

205

208

228

229

238

255

153

149

127

128

130

Pension and post-retirement obligations

56

57

57

65

66

66

66

93

90

90

92

73

74

72

75

56

57

57

62

62

63

64

68

125

133

143

132

89

103

104

107

91

109

107

105

88

93

Long-term U.S. income taxes payable

33

32

32

38

38

38

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

18

16

16

17

17

18

18

19

20

22

23

24

24

30

29

30

29

34

46

47

49

55

40

32

34

35

34

34

13

20

19

20

27

25

16

18

20

Non-current liabilities of businesses held for sale

-

0

-

2

3

3

1

1

1

0

0

1

0

0

2

1

19

19

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shareholders' Equity
Common stock, par value $.20 per share, authorized 60,000,000 shares, issued 33,421,720 and 33,190,467 shares

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

5

Additional paid-in capital

768

751

751

750

746

743

738

734

724

715

703

700

694

687

682

679

672

664

655

648

639

626

604

599

591

576

569

566

561

555

551

549

543

538

528

519

504

Treasury stock at cost, repurchased 3,737,327 and 3,737,327 shares

351

351

351

351

351

328

308

308

308

308

308

308

301

289

289

289

157

122

30

5

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

1,772

1,732

1,732

1,671

1,644

1,620

1,655

1,631

1,600

1,565

1,542

1,496

1,467

1,452

1,447

1,444

1,415

1,395

1,387

1,390

1,352

1,315

1,285

1,219

1,180

1,145

1,120

1,058

1,075

1,030

1,007

988

950

904

874

815

732

Accumulated other comprehensive loss

-349

-306

-306

-312

-252

-260

-266

-328

-383

-404

-348

-328

-304

-349

-308

-295

-266

-280

-131

-42

-19

-62

-22

-100

-107

-73

-85

-100

-35

-66

-2

52

82

2

3

-10

9

Total Esterline Shareholders' Equity

1,846

1,831

1,831

1,764

1,792

1,780

1,824

1,736

1,640

1,575

1,595

1,566

1,561

1,507

1,537

1,544

1,670

1,663

1,887

1,999

1,978

1,884

1,873

1,724

1,671

1,655

1,610

1,531

1,607

1,525

1,562

1,596

1,582

1,451

1,412

1,330

1,253

Noncontrolling interests

11

11

11

11

11

10

10

11

10

10

10

10

10

10

10

10

10

10

10

11

11

10

11

10

10

10

10

9

10

10

11

4

2

2

2

2

2

Total Shareholders' Equity

1,857

1,843

1,843

1,775

1,804

1,791

1,835

1,747

1,650

1,585

1,605

1,577

1,572

1,517

1,547

1,554

1,680

1,673

1,898

2,010

1,989

1,895

1,884

1,734

1,681

1,665

1,620

1,540

1,617

1,536

1,573

1,600

1,585

1,454

1,415

1,333

1,255

Total Liabilities and Shareholders' Equity

3,017

3,036

3,036

3,034

3,139

3,115

3,120

3,049

2,946

2,927

3,029

3,004

3,012

2,919

3,000

3,085

3,176

3,083

3,193

3,308

3,325

3,270

3,262

3,224

3,187

3,235

3,227

3,202

3,327

3,287

3,378

3,499

2,814

2,661

2,587

2,402

2,314