Stepan company (SCL)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current Assets:
Cash and cash equivalents

254

315

285

275

269

300

273

256

244

298

264

223

197

225

207

190

145

176

160

82

97

85

88

96

96

133

103

106

54

76

79

69

64

84

32

25

111

Receivables, net

290

276

283

289

298

280

323

312

325

293

314

306

287

263

281

285

291

249

267

264

271

270

288

306

296

265

293

283

281

255

265

278

288

260

291

294

199

Inventories (Note 6)

198

203

203

216

215

231

195

188

187

172

163

178

189

173

184

180

177

170

179

178

172

183

196

203

185

172

178

171

177

162

155

137

135

111

137

159

96

Deferred income taxes (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15

15

15

12

12

12

12

9

9

9

9

8

9

9

8

9

8

8

Other current assets

25

22

25

26

24

22

22

23

24

23

23

25

24

22

24

23

24

23

21

23

22

21

22

22

22

24

24

24

19

18

18

16

16

14

18

16

12

Total current assets

768

818

798

806

808

833

815

780

782

788

765

733

699

685

696

679

639

619

645

564

578

575

609

641

613

608

608

595

543

523

527

510

514

479

489

504

427

Property, Plant and Equipment:
Land

-

-

-

-

-

26

-

-

-

17

-

-

-

15

-

-

-

15

-

-

-

12

-

-

-

13

-

-

-

11

-

-

-

11

-

-

11

Buildings and improvements

-

-

-

-

-

212

-

-

-

203

-

-

-

184

-

-

-

173

-

-

-

171

-

-

-

162

-

-

-

151

-

-

-

143

-

-

139

Machinery and equipment

-

-

-

-

-

1,365

-

-

-

1,324

-

-

-

1,241

-

-

-

1,161

-

-

-

1,119

-

-

-

1,085

-

-

-

969

-

-

-

889

-

-

832

Construction in progress

-

-

-

-

-

62

-

-

-

57

-

-

-

71

-

-

-

95

-

-

-

82

-

-

-

55

-

-

-

66

-

-

-

74

-

-

71

Cost

1,752

1,762

1,713

1,703

1,679

1,666

1,648

1,632

1,642

1,603

1,588

1,562

1,534

1,513

1,502

1,477

1,469

1,446

1,429

1,417

1,379

1,385

1,360

1,354

1,331

1,316

1,293

1,261

1,210

1,200

1,176

1,152

1,142

1,119

1,094

1,098

1,055

Less: Accumulated depreciation

1,125

1,122

1,101

1,093

1,074

1,057

1,050

1,032

1,026

1,004

997

974

950

930

928

914

910

890

886

880

861

861

856

853

836

822

812

796

786

778

771

-756

751

735

727

729

701

Property, plant and equipment, net

627

639

611

609

605

608

598

599

616

598

591

587

584

582

573

563

558

555

543

536

518

524

503

500

495

494

480

464

423

422

404

395

391

383

366

368

353

Goodwill, net

23

26

22

23

22

22

22

22

25

25

25

25

25

25

11

11

11

11

11

11

11

11

11

11

11

11

11

11

7

7

7

7

7

7

7

7

6

Other intangible assets, net

15

15

11

12

13

14

14

16

17

18

19

20

21

22

15

16

17

17

18

19

20

20

21

22

22

23

24

25

8

8

9

9

10

11

11

12

5

Long-term investments (Note 3)

22

28

26

26

25

25

28

27

26

28

26

26

25

24

23

21

20

20

19

20

20

20

19

19

18

18

16

15

15

14

14

13

13

12

11

11

11

Operating lease assets

36

38

38

38

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

12

13

10

12

10

9

12

12

13

11

13

13

13

13

10

12

12

13

9

9

9

9

12

11

12

10

10

10

9

10

6

6

6

6

5

6

6

Total assets

1,506

1,579

1,518

1,528

1,526

1,514

1,492

1,458

1,480

1,470

1,442

1,406

1,370

1,353

1,331

1,304

1,259

1,238

1,248

1,161

1,158

1,162

1,178

1,207

1,174

1,167

1,153

1,123

1,007

985

968

943

944

901

891

910

811

Liabilities and Equity
Current Liabilities:
Current maturities of long-term debt (Note 14)

23

23

24

24

32

37

23

24

22

22

21

21

27

28

19

14

15

18

21

24

27

27

36

37

35

35

35

38

44

32

31

33

37

34

36

35

31

Accounts payable

187

194

175

184

175

205

209

201

202

204

172

169

163

158

129

144

129

128

139

140

142

156

167

182

167

157

156

156

150

141

144

140

151

137

152

174

115

Accrued liabilities

98

121

93

89

87

95

93

80

74

92

96

83

80

110

95

83

76

95

88

69

74

65

67

63

66

76

74

65

57

72

67

61

59

60

60

52

58

Total current liabilities

310

339

292

299

295

338

326

305

299

320

289

274

271

297

244

242

221

243

249

233

244

249

272

284

269

268

265

260

252

247

243

235

247

233

249

262

205

Deferred income taxes

23

23

25

28

24

24

18

14

11

10

19

15

15

12

13

15

11

9

17

15

15

15

22

22

18

20

13

9

7

9

12

9

8

8

13

9

5

Long-term debt, less current maturities (Note 14)

198

198

207

207

239

239

262

262

268

268

283

283

288

288

306

306

312

312

319

235

255

246

228

233

234

235

241

246

149

149

156

162

163

164

150

154

159

Non-current operating lease liabilities

27

29

29

29

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

79

96

108

105

103

103

105

114

125

130

113

125

120

119

126

119

117

114

108

124

111

112

78

80

87

88

99

97

102

98

88

90

89

88

78

82

87

Commitments and Contingencies (Note 8)

-

-

-

-

-

-

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

Equity:
5 1/2 percent convertible preferred stock, cumulative, voting, without par value; authorized 2,000,000 shares; issued and outstanding 0 shares in 2013 and 61,935 shares in 2012 (Note 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

12

12

12

12

12

13

13

Common stock, $1 par value; authorized 60,000,000 shares; Issued 26,540,546 shares in 2020 and 26,493,335 shares in 2019

26

26

26

26

26

26

26

26

26

26

26

26

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

11

11

11

11

11

11

11

Additional paid-in capital

195

193

191

188

185

182

180

177

175

170

168

165

161

158

155

150

146

144

143

142

140

139

139

138

136

135

134

132

127

125

104

101

99

94

92

88

83

Accumulated other comprehensive loss (Note 11)

-176

-136

-156

-137

-142

-141

-126

-124

-90

-99

-99

-109

-116

-127

-115

-114

-111

-125

-120

-101

-108

-83

-43

-24

-28

-29

-42

-49

-41

-38

-36

-42

-32

-41

-34

-14

-25

Retained earnings

943

922

906

886

861

837

792

775

747

721

716

699

676

649

643

627

603

580

571

550

537

520

518

508

488

478

471

455

435

420

421

403

385

366

356

339

305

Less: Common treasury stock, at cost, 4,074,935 shares in 2020 and 3,979,735 shares in 2019

122

114

113

106

100

97

95

93

84

78

77

73

73

70

70

70

69

68

68

66

66

66

64

63

58

58

58

58

55

54

48

44

44

43

42

41

39

Total Stepan Company stockholders' equity

866

891

854

857

831

807

777

761

774

740

734

707

673

634

638

618

594

556

551

550

529

535

574

584

562

552

531

506

493

478

465

443

433

401

396

397

349

Noncontrolling interests (Note 2)

0

0

0

0

0

0

0

0

0

0

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

4

3

3

3

Total equity

867

892

854

858

832

808

778

762

775

740

736

708

674

635

639

620

596

558

553

551

530

536

575

586

564

553

532

508

494

480

467

444

434

405

400

400

353

Total liabilities and equity

1,506

1,579

1,518

1,528

1,526

1,514

1,492

1,458

1,480

1,470

1,442

1,406

1,370

1,353

1,331

1,304

1,259

1,238

1,248

1,161

1,158

1,162

1,178

1,207

1,174

1,167

1,153

1,123

1,007

985

968

943

944

901

891

910

811