OLD DOMINION FREIGHT LINE, INC. ODFL Balance Sheet

Old dominion freight line, inc. (ODFL)

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	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	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current assets:
Cash and cash equivalents
356	403	322	228	280	190	177	140	159	127	78	33	47	10	15	10	7	11	11	12	113	34	8	19	41	30	12	7	29	12	6	11	54	75	42	28	88	5	5	4	4
Customer receivables, less allowances of $9,464 and $8,866, respectively
419	397	425	449	447	427	466	456	412	394	391	363	332	320	333	319	311	310	337	330	317	303	322	302	285	248	268	267	248	219	248	241	228	213	222	212	196	172	176	162	136
Other receivables
8	10	12	8	8	40	15	7	5	21	7	6	5	14	9	8	4	34	20	9	7	44	7	3	3	10	7	3	2	1	5	2	2	4	13	10	1	7	2	2	4
Prepaid expenses and other current assets
46	55	46	54	47	47	36	42	37	41	35	40	39	37	31	33	32	25	30	34	28	21	29	29	33	21	23	26	26	21	25	25	23	18	18	21	21	17	19	18	12
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	34	32	-	27	26	25	23	21	19	19	20	19	20	19	19	21	23	21	18	18	18	16
Total current assets
831	866	806	741	783	706	696	647	615	584	513	444	425	382	389	371	355	381	436	421	499	403	394	382	388	332	333	324	324	275	305	301	327	331	318	296	330	222	221	206	174
Property and equipment:
Revenue equipment
1,898	1,898	1,916	1,906	1,835	1,811	1,835	1,760	1,634	1,591	1,612	1,573	1,492	1,496	1,513	1,522	1,409	1,358	1,361	1,288	1,190	1,158	1,163	1,132	1,043	1,009	1,014	981	919	922	936	894	833	789	782	758	729	701	683	684	668
Land and structures
2,082	2,039	1,972	1,898	1,829	1,796	1,708	1,638	1,588	1,548	1,481	1,445	1,417	1,377	1,329	1,289	1,266	1,221	1,158	1,133	1,109	1,088	1,044	1,021	1,012	990	952	927	893	874	832	803	767	738	721	696	676	667	655	638	619
Other fixed assets
486	482	487	477	463	454	450	451	441	432	427	419	416	402	396	389	375	365	362	353	335	321	320	295	285	266	251	244	230	225	228	224	213	214	196	192	179	170	167	161	156
Leasehold improvements
11	11	11	11	10	10	8	8	8	8	8	8	8	8	8	8	8	7	7	6	6	6	7	7	6	6	6	6	6	6	5	5	5	5	5	4	4	4	4	4	4
Total property and equipment
4,479	4,433	4,387	4,294	4,139	4,073	4,003	3,858	3,673	3,579	3,530	3,446	3,335	3,284	3,248	3,211	3,059	2,952	2,890	2,781	2,642	2,574	2,535	2,456	2,347	2,273	2,223	2,160	2,049	2,028	2,003	1,928	1,820	1,748	1,705	1,652	1,590	1,544	1,510	1,488	1,448
Accumulated depreciation
1,525	1,464	1,459	1,436	1,377	1,318	1,300	1,272	1,222	1,175	1,162	1,125	1,088	1,043	1,018	986	961	929	919	890	864	831	804	780	761	730	715	691	674	648	652	646	630	621	602	592	589	580	563	545	509
Net property and equipment
2,953	2,968	2,927	2,858	2,761	2,754	2,703	2,585	2,450	2,404	2,367	2,321	2,246	2,241	2,229	2,224	2,098	2,023	1,971	1,891	1,778	1,743	1,730	1,676	1,586	1,543	1,508	1,469	1,375	1,379	1,351	1,282	1,190	1,126	1,103	1,059	1,000	964	947	942	939
Goodwill
19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19	19
Other assets
130	140	138	139	138	64	70	68	58	59	56	54	54	52	46	43	42	41	47	45	42	40	43	45	37	36	43	41	41	38	38	36	36	34	31	34	33	33	31	34	26
Total assets
3,934	3,995	3,892	3,758	3,704	3,545	3,489	3,321	3,144	3,068	2,956	2,840	2,745	2,696	2,684	2,659	2,515	2,466	2,474	2,378	2,340	2,206	2,188	2,124	2,031	1,932	1,904	1,854	1,761	1,712	1,714	1,639	1,574	1,513	1,473	1,409	1,383	1,239	1,219	1,202	1,159
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable
55	70	81	85	79	78	88	81	78	73	59	54	56	89	55	79	81	66	58	61	48	45	47	63	71	36	54	66	41	44	56	62	54	42	50	41	48	29	31	30	28
Compensation and benefits
176	192	201	191	174	198	193	177	157	152	151	145	126	129	140	130	118	124	144	134	125	106	123	107	97	97	97	89	81	80	78	75	69	66	70	76	71	51	68	61	37
Claims and insurance accruals
53	54	51	50	50	53	53	52	51	49	48	47	47	47	46	43	44	44	46	44	43	42	41	40	39	38	36	34	34	33	40	39	38	35	37	35	34	33	29	29	30
Other accrued liabilities
44	46	53	45	53	26	26	27	25	24	26	25	22	22	27	37	24	22	24	23	27	26	25	23	22	21	21	21	20	20	22	26	49	20	24	20	20	18	20	16	15
Income taxes payable
53	2	9	13	-	-	-	27	31	-	19	20	31	-	-	-	28	-	-	6	47	-	12	25	26	2	0	23	37	6	-	-	-	0	-	-	15	-	1	4	-
Current maturities of long-term debt
45	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current maturities of long-term debt
-	-	-	-	-	-	0	0	0	50	50	50	50	0	0	0	25	26	90	28	27	35	35	35	35	35	38	38	38	38	39	39	39	39	37	38	36	37	97	36	36
Total current liabilities
428	366	396	386	358	356	362	366	345	351	355	344	334	288	268	291	323	285	364	298	321	255	286	297	293	232	248	273	254	225	237	244	251	204	220	212	227	170	248	179	148
Long-term liabilities:
Long-term debt
-	45	45	45	45	45	45	45	45	45	45	45	45	104	193	218	99	107	95	118	120	120	148	164	145	155	167	190	180	201	243	228	219	229	227	227	252	234	167	252	268
Other non-current liabilities
228	241	293	281	282	215	237	230	215	205	194	185	183	178	162	155	157	154	149	149	149	145	138	132	125	123	117	111	111	106	100	97	94	86	81	81	77	76	72	70	68
Deferred income taxes
261	261	247	247	247	247	227	196	179	189	274	272	272	272	266	252	235	235	218	211	205	191	185	178	189	189	185	154	148	153	146	133	121	134	127	110	89	90	83	78	80
Total long-term liabilities
490	548	586	574	575	508	509	472	439	440	513	502	500	556	621	626	491	496	462	479	475	457	472	474	460	467	470	456	440	461	490	459	435	451	436	419	418	401	323	401	418
Total liabilities
918	914	982	960	933	864	872	839	785	791	869	847	835	845	890	918	815	781	827	778	797	712	758	772	753	700	719	729	694	686	728	704	686	656	656	631	645	571	572	580	566
Commitments and contingent liabilities
-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	0	-	0	0	0	0	-	-	0	-	-	-
Shareholders’ equity:
Common stock - $0.10 par value, 140,000,000 shares authorized, 118,133,507 and 119,532,534 shares outstanding at March 31, 2020 and December 31, 2019, respectively
11	11	7	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	5	5	8	5	5	5	5	5	3	5
Capital in excess of par value
217	218	146	144	143	142	140	139	138	138	137	136	136	135	135	134	134	134	134	134	134	134	134	134	134	134	134	134	134	134	134	137	137	134	137	137	137	89	89	90	89
Retained earnings
2,787	2,850	2,755	2,645	2,619	2,530	2,467	2,334	2,211	2,130	1,941	1,848	1,764	1,707	1,650	1,598	1,557	1,541	1,504	1,456	1,400	1,351	1,286	1,208	1,134	1,089	1,041	981	923	882	843	792	744	713	673	634	595	574	551	527	498
Total shareholders’ equity
3,016	3,080	2,909	2,798	2,770	2,680	2,616	2,482	2,358	2,276	2,087	1,992	1,909	1,851	1,793	1,741	1,700	1,684	1,647	1,599	1,543	1,494	1,429	1,351	1,277	1,232	1,184	1,124	1,066	1,025	986	935	887	856	816	778	738	668	646	622	593
Total liabilities and shareholders’ equity
3,934	3,995	3,892	3,758	3,704	3,545	3,489	3,321	3,144	3,068	2,956	2,840	2,745	2,696	2,684	2,659	2,515	2,466	2,474	2,378	2,340	2,206	2,188	2,124	2,031	1,932	1,904	1,854	1,761	1,712	1,714	1,639	1,574	1,513	1,473	1,409	1,383	1,239	1,219	1,202	1,159