FLEETCOR Technologies, Inc FLT Balance Sheet

Fleetcor technologies, inc (FLT)

Balance Sheet / Yearly

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
1,070	1,271	1,058	1,170	1,057	1,031	924	919	979	913	834	564	546	475	405	493	399	447	422	384	379	477	304	297	283	338	345	292	224	283	300	255	287	285	137	101	114
Restricted cash
481	403	407	318	315	333	264	265	242	217	183	201	188	168	199	156	145	167	129	129	129	135	42	46	46	48	50	48	49	53	52	50	57	55	57	63	62
Accounts and other receivables (less allowance for credit losses of $74,828 at March 31, 2020 and $70,890 at December 31, 2019)
1,338	1,568	1,703	1,727	1,655	1,425	1,811	1,716	1,691	1,420	1,456	1,429	1,360	1,202	1,334	908	880	638	731	811	773	673	715	688	682	573	661	627	626	525	578	545	599	481	419	387	260
Securitized accounts receivable—restricted for securitization investors
819	970	992	974	942	886	931	939	829	811	794	741	676	591	656	713	551	614	665	764	679	675	393	424	393	349	394	402	385	298	355	325	341	280	150	162	144
Prepaid expenses and other current assets
419	403	278	196	202	199	202	207	163	187	252	109	110	90	80	73	70	68	51	57	70	74	45	61	60	40	32	27	24	28	25	17	17	15	18	36	33
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	7	7	8	33	54	77	101	3	4	4	4	5	7	7	6	6	4	4	6	4	4	4
Total current assets
4,129	4,618	4,440	4,386	4,172	3,875	4,132	4,049	3,907	3,549	3,521	3,045	2,882	2,527	2,685	2,350	2,054	1,944	2,033	2,201	2,109	2,137	1,504	1,523	1,471	1,353	1,490	1,405	1,318	1,195	1,317	1,198	1,306	1,124	786	755	618
Property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	271	-	251	189	177	163	154	146	137	135	127	125	118	111	108	101	97	93	117	101	99	93	90	90	83
Less accumulated depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	122	-	106	99	91	82	79	73	65	61	71	68	63	57	59	54	51	48	70	66	65	60	60	62	56
Property and equipment, net
183	199	185	190	186	186	184	179	184	180	168	154	149	142	144	90	85	80	75	73	72	73	56	56	54	53	48	46	45	45	46	35	34	32	30	27	26
Goodwill
4,583	4,833	4,707	4,720	4,549	4,542	4,517	4,556	4,744	4,715	4,644	4,212	4,227	4,195	4,183	3,557	3,564	3,546	3,712	3,767	3,761	3,713	1,557	1,572	1,561	1,552	1,241	994	973	926	923	775	763	760	642	602	601
Other intangibles, net
2,169	2,341	2,315	2,417	2,355	2,407	2,438	2,515	2,682	2,724	2,876	2,562	2,633	2,653	2,758	2,112	2,155	2,183	2,270	2,338	2,369	2,386	865	848	860	871	643	515	502	463	465	408	373	385	234	185	193
Investments
28	30	26	26	26	42	33	39	32	32	33	40	40	36	79	90	82	76	125	121	124	141	147	162	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
216	224	239	234	225	147	143	145	141	114	86	86	76	71	63	66	69	58	67	73	68	72	93	89	87	100	49	50	50	90	88	86	83	45	45	47	42
Total assets
11,310	12,248	11,914	11,975	11,514	11,202	11,450	11,485	11,692	11,318	11,330	10,101	10,009	9,626	9,916	8,268	8,011	7,889	8,285	8,574	8,504	8,524	4,224	4,253	4,036	3,932	3,475	3,013	2,890	2,721	2,842	2,504	2,560	2,349	1,739	1,618	1,484
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable
1,058	1,249	1,375	1,523	1,518	1,117	1,616	1,532	1,609	1,437	1,435	1,240	1,246	1,151	1,230	904	796	669	760	815	775	716	612	573	578	467	567	528	501	418	533	474	534	478	241	234	177
Accrued expenses
250	275	290	269	311	261	252	214	261	238	285	206	213	238	206	160	185	150	178	160	151	178	109	124	111	114	69	65	61	75	60	34	40	41	29	51	49
Customer deposits
906	1,007	957	870	768	926	825	852	746	732	731	688	589	530	595	503	471	507	461	456	451	492	180	193	174	182	177	158	170	187	177	170	174	180	168	78	78
Securitization facility
819	970	992	974	942	886	931	939	829	811	794	741	676	591	656	713	551	614	665	764	679	675	393	424	393	349	394	402	385	298	355	325	341	280	150	162	144
Current portion of notes payable and lines of credit
1,094	775	173	958	865	1,184	768	976	792	805	808	702	731	745	727	111	191	261	336	482	657	749	526	596	532	662	260	146	122	141	228	129	179	145	15	15	11
Other current liabilities
331	183	189	152	156	118	90	85	68	71	117	40	43	38	39	40	42	44	38	42	40	84	106	115	119	132	128	-	-	20	-	-	-	-	-	-	-
Total current liabilities
4,460	4,463	3,978	4,749	4,562	4,495	4,484	4,601	4,307	4,095	4,172	3,619	3,500	3,296	3,454	2,432	2,238	2,247	2,441	2,721	2,756	2,896	1,928	2,027	1,910	1,908	1,596	1,300	1,239	1,142	1,355	1,135	1,269	1,126	604	541	461
Notes payable and other obligations, less current portion
3,246	3,289	3,307	2,676	2,708	2,748	2,773	2,832	2,867	2,902	2,933	2,394	2,460	2,521	2,552	2,007	2,032	2,059	2,086	2,112	2,139	2,168	434	450	459	474	479	485	491	485	278	285	274	278	281	285	313
Deferred income taxes
486	519	457	452	494	491	506	498	505	518	742	637	666	668	692	705	713	713	759	794	794	799	233	245	248	249	225	176	175	180	172	141	133	132	92	78	83
Other noncurrent liabilities
321	263	270	254	219	126	124	113	124	125	50	45	40	56	37	40	39	38	34	39	34	40	68	53	52	55	-	-	-	0	-	-	-	-	-	-	-
Total noncurrent liabilities
4,053	4,073	4,034	3,383	3,421	3,367	3,404	3,444	3,496	3,546	3,726	3,077	3,167	3,246	3,282	2,753	2,786	2,812	2,881	2,946	2,968	3,009	736	749	760	779	704	662	667	665	451	427	408	411	373	363	397
Commitments and contingencies
-	-	-	-	-	-	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:
Preferred stock, $0.001 par value; 25,000,000 shares authorized and no shares issued and outstanding at December 31, 2014 and 2013
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0
Common stock, $0.001 par value; 475,000,000 shares authorized; 125,244,634 shares issued and 83,770,697 shares outstanding at March 31, 2020; and 124,626,786 shares issued and 85,342,156 shares 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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
2,657	2,494	2,503	2,427	2,382	2,306	2,316	2,277	2,248	2,214	2,165	2,136	2,114	2,074	2,057	2,032	2,005	1,988	1,935	1,899	1,878	1,852	733	676	662	631	601	574	557	542	525	500	486	466	449	436	421
Retained earnings
4,859	4,712	4,477	4,251	3,989	3,817	3,515	3,357	3,181	2,958	2,676	2,473	2,342	2,218	2,123	1,990	1,876	1,766	1,713	1,596	1,498	1,403	1,294	1,198	1,110	1,035	967	888	815	750	690	630	576	534	496	456	387
Accumulated other comprehensive loss
-1,592	-972	-1,114	-928	-934	-913	-944	-870	-508	-551	-466	-610	-572	-666	-612	-559	-539	-570	-332	-243	-249	-291	-93	-24	-31	-47	-19	-37	-14	-3	-5	-13	-4	-13	-8	-3	-8
Less treasury stock, 41,473,937 shares at March 31, 2020 and 39,284,630 shares at December 31, 2019
3,128	2,523	1,965	1,907	1,906	1,870	1,325	1,325	1,033	944	944	594	542	542	390	380	354	354	353	346	346	346	375	375	375	375	375	375	375	375	175	175	175	175	175	175	175
Total stockholders’ equity
2,796	3,711	3,900	3,843	3,530	3,340	3,562	3,439	3,888	3,676	3,430	3,405	3,341	3,084	3,178	3,082	2,987	2,830	2,962	2,907	2,780	2,618	1,558	1,475	1,366	1,243	1,173	1,050	983	913	1,035	941	883	811	761	713	625
Total liabilities and stockholders’ equity
11,310	12,248	11,914	11,975	11,514	11,202	11,450	11,485	11,692	11,318	11,330	10,101	10,009	9,626	9,916	8,268	8,011	7,889	8,285	8,574	8,504	8,524	4,224	4,253	4,036	3,932	3,475	3,013	2,890	2,721	2,842	2,504	2,560	2,349	1,739	1,618	1,484
Accounts receivable, allowance for doubtful accounts
74	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, par value (in dollars per share)
0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares authorized (in shares)
475	475	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares issued (in shares)
125	124	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares outstanding (in shares)
83	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-