SPX FLOW, INC. FLOW Balance Sheet

Spx flow, inc. (FLOW)

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	Dec'14
ASSETS
Current assets:
Cash and equivalents
235	299	217	186	202	197	221	204	243	263	281	226	208	215	227	229	220	295	207	216
Accounts receivable, net
220	243	261	258	377	278	374	383	377	381	450	451	440	446	462	495	502	483	574	591
Contract assets
28	27	32	30	69	33	82	77	75	57	-	-	-	-	-	-	-	-	-	-
Related party accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	16
Inventories, net
214	208	212	233	314	220	318	325	329	293	317	307	302	272	309	308	331	305	334	330
Other current assets
26	32	29	21	39	33	43	39	52	50	52	55	62	72	76	101	72	72	64	36
Assets of discontinued operations - current
441	464	612	664	-	244	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	52
Total current assets
1,167	1,273	1,366	1,393	1,002	1,007	1,039	1,030	1,077	1,046	1,102	1,040	1,013	1,007	1,075	1,134	1,127	1,157	1,235	1,244
Property, plant and equipment:
Land
21	22	23	23	34	23	34	34	35	35	34	35	34	36	37	37	38	37	38	30
Buildings and leasehold improvements
167	170	167	170	226	175	235	233	240	238	245	247	243	242	250	243	226	224	219	158
Machinery and equipment
338	325	314	342	471	336	467	463	476	461	455	446	434	420	432	422	480	483	483	350
Property, plant, and equipment, gross
527	518	505	537	732	536	737	731	753	735	735	729	712	699	720	702	744	746	741	539
Accumulated depreciation
306	289	283	292	404	284	391	383	388	374	368	355	340	322	328	315	323	314	307	267
Property, plant, and equipment, net
221	229	222	244	328	251	345	348	364	360	367	374	372	377	392	387	420	432	433	272
Goodwill
526	545	534	549	744	550	757	754	786	771	767	757	738	722	759	762	1,033	1,023	1,035	1,081
Intangibles, net
197	208	206	213	311	219	332	335	354	350	353	350	345	344	379	386	581	579	602	659
Other assets
172	180	186	172	221	111	147	149	155	159	152	144	156	151	142	122	115	111	103	64
Assets of discontinued operations - long-term
-	-	0	0	-	412	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Related party notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	707
TOTAL ASSETS
2,284	2,437	2,516	2,574	2,607	2,551	2,623	2,618	2,738	2,689	2,743	2,666	2,626	2,603	2,750	2,792	3,277	3,304	3,410	4,028
LIABILITIES, MEZZANINE EQUITY AND EQUITY
Current liabilities:
Accounts payable
129	142	145	149	208	157	225	234	235	219	218	215	206	203	209	206	219	227	242	252
Contract liabilities
112	116	105	108	169	136	178	192	218	182	-	-	-	-	-	-	-	-	-	-
Related party accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	11
Accrued expenses
144	162	154	155	202	149	169	178	180	207	382	369	355	329	365	456	463	467	415	426
Income taxes payable
25	45	21	21	31	26	19	23	22	21	15	12	11	10	23	17	24	31	35	35
Short-term debt
12	20	25	23	24	26	29	27	26	24	24	24	19	27	116	33	38	28	67	6
Current maturities of long-term debt
0	0	0	0	20	20	20	20	20	20	20	20	20	20	20	20	15	10	5	1
Liabilities of discontinued operations - current
214	220	224	198	-	133	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current maturities of related party notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	36
Total current liabilities
639	707	676	657	656	649	643	676	703	675	661	641	614	592	735	734	760	764	765	769
Long-term debt
694	693	693	708	711	718	787	792	816	850	959	964	1,015	1,060	977	984	989	993	1,004	10
Related party notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	966
Deferred and other income taxes
24	27	41	42	88	71	55	55	59	63	70	65	64	62	67	89	141	142	191	234
Other long-term liabilities
109	115	106	107	165	67	120	119	128	125	126	125	124	125	128	131	133	133	178	108
Liabilities of discontinued operations - long-term
-	-	0	0	-	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total long-term liabilities
827	836	841	858	965	917	963	967	1,005	1,039	1,156	1,155	1,204	1,248	1,173	1,205	1,263	1,269	1,374	1,319
Commitments and contingent liabilities (Note 14)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0
Mezzanine equity
18	20	20	21	21	21	20	21	22	22	21	21	21	20	20	-	-	0	-	-
Equity:
SPX FLOW, Inc. shareholders’ equity:
Preferred stock, no par value, 3,000,000 shares authorized, and no shares issued and outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, par value $0.01 per share, 300,000,000 shares authorized, 43,353,166 issued and 42,640,163 outstanding at March 28, 2020, and 43,128,247 issued and 42,566,884 outstanding at December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Paid-in capital
1,681	1,677	1,672	1,669	1,665	1,662	1,660	1,656	1,658	1,650	1,657	1,651	1,646	1,640	1,637	1,633	1,627	1,621	1,613	0
Accumulated deficit
-374	-369	-223	-192	-254	-265	-250	-283	-306	-327	-358	-371	-381	-373	-378	-362	-10	21	0	0
Accumulated other comprehensive loss
-490	-426	-462	-429	-439	-430	-411	-417	-340	-372	-387	-425	-472	-521	-436	-423	-370	-382	-354	-219
Common stock in treasury (713,003 shares at March 28, 2020, and 561,363 shares at December 31, 2019)
25	19	19	19	19	13	13	13	12	8	8	8	8	4	4	4	4	1	-	0
Former parent company investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,144
Total SPX FLOW, Inc. shareholders' equity
790	862	967	1,028	953	952	985	942	999	942	903	847	784	740	819	843	1,243	1,259	1,259	1,925
Noncontrolling interests
8	10	10	9	10	10	10	10	8	9	0	1	2	1	1	9	9	11	10	13
Total equity
799	873	977	1,038	964	963	995	953	1,008	951	904	848	787	742	820	852	1,252	1,270	1,270	1,938
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY
2,284	2,437	2,516	2,574	2,607	2,551	2,623	2,618	2,738	2,689	2,743	2,666	2,626	2,603	2,750	2,792	3,277	3,304	3,410	4,028