Vail Resorts, Inc. MTN Balance Sheet

Vail resorts, inc. (MTN)

Balance Sheet / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09
Assets
Cash and cash equivalents
126	136	108	59	158	141	178	181	235	140	117	195	140	106	67	68	45	39	35	125	36	29	44	307	205	114	138	237	136	43	46	147	95	44	70	168	97	19	14	51	58	13
Restricted cash
13	14	9	8	20	12	6	7	23	16	10	8	17	13	6	5	6	5	13	13	12	13	13	13	12	12	12	11	12	14	14	13	16	13	12	13	15	12	11	11	15	13
Trade receivables, net
105	87	270	273	87	74	230	220	85	84	186	174	80	59	147	145	87	52	113	105	68	36	95	79	57	37	79	73	53	29	65	65	48	29	58	46	55	35	53	35	45	32
Inventories, net
113	127	96	84	103	114	85	79	97	108	84	77	93	112	74	68	78	95	73	62	72	88	67	60	72	89	68	61	70	84	65	56	62	75	54	45	54	64	48	42	51	62
Deferred income taxes (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	-	-	-	29	-	-	-	25	-	-	-	24	-	-	-	29	-	-	-	21	-	-	-
Other current assets
54	62	42	41	45	50	37	31	39	46	33	42	41	40	27	57	60	61	24	64	67	64	25	58	54	57	19	50	49	49	15	55	56	57	21	49	47	45	20	46	51	48
Total current assets
413	428	527	466	415	393	538	519	481	395	433	498	373	332	322	346	278	254	288	370	257	231	275	519	402	311	343	435	322	222	232	337	279	221	245	323	270	177	170	186	222	170
Property, Plant and Equipment, Net
2,263	2,280	1,842	1,847	1,831	1,825	1,627	1,640	1,702	1,694	1,714	1,647	1,694	1,699	1,363	1,370	1,391	1,388	1,386	1,259	1,284	1,295	1,147	1,164	1,187	1,185	1,169	1,039	1,057	1,056	1,049	1,056	1,057	1,050	1,021	1,027	1,044	1,046	1,027	1,024	1,039	1,051
Real estate held for sale and investment
96	96	101	101	101	101	99	99	103	102	103	108	112	116	111	116	117	120	129	137	151	157	157	170	184	188	195	201	216	227	237	248	257	263	273	282	281	296	422	445	414	366
Notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	6	-	-	-
Goodwill, net (Note 8)
1,750	1,757	1,608	1,596	1,547	1,543	1,475	1,488	1,533	1,484	1,519	1,430	1,469	1,454	509	509	506	499	500	470	469	469	378	378	379	346	381	271	271	269	269	269	268	268	268	267	271	271	181	168	167	167
Intangible assets, net
321	324	306	306	305	307	280	283	293	287	294	280	289	286	140	141	141	142	144	141	142	144	117	118	119	120	121	92	92	91	92	93	90	91	91	91	90	89	89	86	79	79
Operating Lease, Right-of-Use Asset
227	229	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
40	41	40	42	43	43	43	42	43	44	45	44	42	34	35	35	35	37	38	41	40	42	97	97	101	97	97	38	42	45	46	44	45	46	41	47	44	36	25	32	32	33
Total assets
5,113	5,157	4,426	4,361	4,244	4,215	4,064	4,075	4,156	4,008	4,110	4,008	3,982	3,924	2,482	2,519	2,472	2,443	2,487	2,419	2,346	2,340	2,173	2,448	2,374	2,249	2,308	2,079	2,003	1,913	1,927	2,049	1,999	1,940	1,946	2,038	2,001	1,918	1,922	1,944	1,956	1,870
Liabilities and Stockholders’ Equity
Liabilities
Accounts Payable Accrued Liabilities
811	856	607	543	685	703	504	429	588	630	467	403	541	542	397	338	447	438	331	293	420	390	289	264	369	369	269	246	317	318	227	224	301	316	221	180	311	303	255	237	339	330
Income taxes payable
43	50	62	23	27	38	50	29	32	40	98	48	51	73	95	20	34	54	57	36	48	31	33	39	39	39	42	13	14	17	20	19	19	19	20	1	23	32	32	10	10	5
Long-term debt due within one year (Note 6)
63	63	48	48	48	48	38	38	38	38	38	38	38	38	13	13	13	13	10	256	1	1	1	0	0	1	0	0	0	0	0	1	1	1	1	45	2	1	1	1	1	1
Total current liabilities
918	971	719	614	761	790	593	497	659	709	604	490	630	655	506	371	495	506	398	586	470	422	324	304	409	410	313	260	333	336	249	244	322	337	243	226	337	338	289	249	351	337
Long-term debt, net (Note 6)
1,817	2,005	1,527	1,310	1,345	1,486	1,234	1,078	1,182	1,262	1,234	1,168	1,216	1,371	686	613	680	814	804	379	634	819	625	799	798	797	795	489	489	489	489	489	490	490	490	490	495	513	524	489	489	489
Operating lease liabilities (Note 4)
228	231	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Long Term Liabilities Noncurrent
245	238	283	268	274	273	291	279	289	290	301	280	271	272	270	249	252	254	255	235	229	255	260	239	240	240	242	226	230	231	232	233	235	236	235	237	238	239	197	196	197	199
Deferred income taxes, net
254	188	168	274	179	115	133	215	144	136	171	281	182	98	129	305	190	110	147	240	148	84	128	183	112	43	118	201	140	103	139	185	129	99	133	184	109	66	108	152	113	87
Total liabilities
3,463	3,635	2,699	2,468	2,561	2,666	2,253	2,071	2,276	2,399	2,311	2,220	2,301	2,397	1,593	1,539	1,618	1,686	1,606	1,442	1,482	1,582	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commitments and contingencies (Note 10)
-	-	-	-	-	-	-	-	-	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
Redeemable noncontrolling interest (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	16
Preferred stock, $0.01 par value, 25,000 shares authorized, 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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.01 par value, 100,000 shares authorized, 46,264, 46,190 and 46,101 shares issued, respectively
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	0	0	0	0	0
Exchangeable shares, $0.01 par value, 55, 56 and 57 shares issued and outstanding, respectively (Note 5)
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid-in capital
1,130	1,126	1,130	1,140	1,135	1,130	1,137	1,162	1,160	1,157	1,222	1,217	1,214	1,209	635	632	628	624	623	623	620	615	612	608	604	600	598	596	593	589	586	583	581	578	575	572	569	566	563	561	561	558
Accumulated other comprehensive loss
-44	-27	-31	-36	-13	-20	-2	10	58	10	44	-44	-0	-19	-1	-1	-7	-7	-4	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	0	-0	0	0	0	0	-	-	-	-	-	-	-
Retained earnings
717	582	759	920	699	551	726	869	673	479	550	650	511	394	486	581	452	358	440	533	422	322	401	491	388	337	418	485	395	341	408	469	396	355	416	475	398	344	387	429	356	315
Treasury Stock, Value
379	379	357	357	357	322	272	272	247	247	247	247	247	246	246	246	233	233	193	193	193	193	193	193	193	193	193	193	193	193	193	170	170	170	162	162	162	162	162	147	147	147
Total Vail Resorts, Inc. stockholders’ equity
1,425	1,302	1,500	1,666	1,463	1,339	1,589	1,770	1,645	1,401	1,571	1,576	1,477	1,338	874	965	840	742	866	963	849	744	820	907	800	744	823	888	796	738	802	882	807	763	829	885	806	748	788	842	770	726
Noncontrolling interests
224	219	226	226	219	210	222	233	235	208	227	211	202	188	13	13	13	13	14	13	13	13	13	13	13	13	14	13	14	14	14	13	13	13	13	13	14	14	13	13	11	11
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
1,650	1,522	1,726	1,893	1,683	1,549	1,811	2,004	1,880	1,609	1,798	1,788	1,680	1,526	888	979	854	756	880	977	863	758	834	921	814	758	837	902	810	752	816	896	821	777	843	899	820	762	802	856	781	738
Total liabilities and stockholders’ equity
5,113	5,157	4,426	4,361	4,244	4,215	4,064	4,075	4,156	4,008	4,110	4,008	3,982	3,924	2,482	2,519	2,472	2,443	2,487	2,419	2,346	2,340	2,173	2,448	2,374	2,249	2,308	2,079	2,003	1,913	1,927	2,049	1,999	1,940	1,946	2,038	2,001	1,918	1,922	1,944	1,956	1,870