Total System Services, Inc. TSS Balance Sheet

Total system services, inc. (TSS)

Balance Sheet / Quarterly

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 (Note 2)
458	494	471	484	460	493	450	413	427	464	425	446	465	1,932	389	447	349	328	289	266	250	274	247	396	1,374	223	247	356	418	370	316	280	263	252	394	372	387	450
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9	-	-	-	-	-	0	0	0	0	0	8	46
Accounts receivable, net of allowances for doubtful accounts and billing adjustments of $6.1 million and $6.0 million as of 2019 and 2018, respectively
513	490	450	485	440	420	412	409	442	405	432	413	396	349	314	333	314	315	283	308	281	268	255	261	250	237	247	248	246	253	248	246	226	236	237	264	231	231
Contract assets (Note 3)
43	44	30	32	34	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax assets (Note 15)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19	16	12	15	13	12	12	14	14	8	8	9	8	7	7	12	10	12	9	11	7	7	11
Prepaid expenses and other current assets (Note 2)
224	200	188	197	202	224	216	176	157	180	164	124	147	145	154	91	104	100	98	96	103	89	95	87	83	89	70	76	81	80	72	93	85	72	77	100	102	68
Current assets of discontinued operations (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	4	4	4	4	43	41	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3
Total current assets
1,239	1,229	1,140	1,199	1,137	1,178	1,079	998	1,027	1,050	1,022	984	1,009	2,426	858	896	787	760	690	688	651	688	653	760	1,716	566	574	690	753	712	650	631	587	572	721	747	738	810
Contract assets (Note 3)
56	53	47	49	54	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
4,100	4,115	4,114	4,113	4,088	4,073	3,264	3,272	3,271	3,272	3,270	3,254	3,252	1,545	1,545	1,545	1,547	1,546	1,547	1,549	1,550	1,539	1,541	1,545	517	517	518	422	354	356	355	355	357	321	320	321	317	165
Other intangible assets, net of accumulated amortization of $891.1 million and $802.0 million as of 2019 and 2018, respectively
703	748	796	855	904	953	727	770	814	858	906	954	1,002	309	328	348	366	385	404	423	442	462	481	500	118	124	130	102	75	79	81	82	85	77	83	86	92	14
Intangible assets - computer software, net of accumulated amortization of $955.2 million and $893.4 million as of 2019 and 2018, respectively
520	539	534	440	452	467	383	395	401	409	423	441	459	396	405	354	359	365	366	365	353	359	363	320	243	254	226	198	205	205	215	219	228	236	246	213	215	196
Property and equipment, net of accumulated depreciation and amortization of $530.4 million and $522.7 million as of 2019 and 2018, respectively (Note 4)
373	385	383	372	363	360	325	282	280	281	282	281	286	283	289	287	287	285	290	274	274	262	259	259	248	252	260	264	259	260	266	286	293	297	300	298	293	289
Operating lease right-of-use assets, net (Note 4)
198	206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract cost assets, net of accumulated amortization
148	147	145	147	147	151	258	223	227	231	235	243	249	254	247	252	255	236	236	226	211	195	184	173	166	162	161	162	160	161	162	162	167	167	166	144	125	128
Equity investments, net
206	197	180	170	187	180	163	150	158	147	133	108	116	112	106	101	109	105	100	96	99	96	94	89	94	91	87	83	85	85	82	81	81	80	77	74	75	75
Deferred income tax assets
7	7	7	6	7	8	6	7	7	7	7	6	6	6	6	5	7	6	7	3	0	3	3	5	5	5	5	6	5	4	4	5	-	-	2	-	-	-
Other assets
135	142	116	115	123	117	124	116	88	91	84	99	94	89	90	97	91	85	91	93	93	97	87	97	77	64	59	38	35	39	39	24	30	31	34	35	37	27
Long-term assets of discontinued operations (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	15	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2
Total assets
7,706	7,774	7,468	7,473	7,466	7,531	6,331	6,218	6,277	6,350	6,366	6,375	6,477	5,423	3,877	3,889	3,812	3,777	3,733	3,720	3,677	3,721	3,686	3,754	3,188	2,039	2,023	1,969	1,936	1,906	1,858	1,849	1,832	1,785	1,952	1,920	1,895	1,710
Liabilities
Current liabilities:
Accounts payable
57	73	97	59	63	66	62	53	53	45	38	36	34	44	52	55	57	58	48	54	44	51	33	44	28	33	63	32	28	35	26	25	29	32	36	10	48	21
Contract liabilities (Note 3)
51	54	47	50	54	56	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of operating lease liabilities (Note 4)
43	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued salaries and employee benefits
34	33	73	59	47	36	82	58	41	35	67	61	43	25	66	43	36	25	38	29	26	28	38	29	17	16	26	19	14	13	33	26	19	14	27	56	16	32
Current portion of long-term borrowings (Note 5)
17	21	20	12	12	807	559	562	571	30	48	40	45	18	50	38	39	41	43	40	34	34	34	27	21	24	27	23	184	181	181	40	38	38	39	3	5	6
Current portion of obligations under finance leases and license agreements (Note 4)
17	17	8	8	8	8	6	3	3	2	2	2	3	3	3	3	4	3	7	6	8	10	22	23	23	23	13	13	12	13	14	13	13	12	13	21	10	6
Other current liabilities (Note 2)
278	315	268	275	258	243	225	294	273	338	263	228	236	192	166	181	190	210	154	166	204	195	159	173	117	123	100	131	132	138	125	110	128	120	111	127	128	152
Current liabilities of discontinued operations (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	4	4	4	4	6	9	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1
Total current liabilities
501	565	515	467	445	1,217	989	971	943	452	420	369	363	283	338	325	331	344	296	301	322	327	297	297	208	220	230	221	372	383	380	216	229	218	227	219	208	220
Long-term borrowings, excluding current portion (Note 5)
4,003	4,139	3,843	3,837	4,014	3,286	2,591	2,391	2,560	3,228	3,312	3,423	3,597	2,884	1,373	1,373	1,382	1,389	1,398	1,409	1,411	1,419	1,428	1,494	1,260	169	174	176	37	34	39	184	188	191	194	192	191	192
Deferred income tax liabilities
401	409	380	394	371	370	238	374	402	419	419	398	411	211	192	189	200	209	211	191	194	229	228	220	66	54	48	33	31	36	32	40	0	44	42	56	51	47
Operating lease liabilities, excluding current portion (Note 4)
167	168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract liabilities (Note 3)
25	23	21	21	19	21	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Obligations under finance leases and license agreements, excluding current portion (Note 4)
39	41	46	37	38	40	36	3	3	0	1	1	2	2	3	4	5	6	6	6	7	6	7	10	13	16	17	20	22	23	24	26	25	27	30	32	33	12
Other long-term liabilities
74	73	75	75	75	73	71	107	90	90	88	91	93	94	96	92	90	90	98	99	94	83	81	67	65	65	68	67	59	61	60	63	60	57	53	45	44	48
Long-term liabilities of discontinued operations (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
5,212	5,421	4,882	4,832	4,964	5,011	3,975	3,848	3,999	4,191	4,242	4,284	4,468	3,477	2,005	1,985	2,009	2,040	2,011	2,008	2,030	2,067	2,044	2,090	1,614	525	539	519	522	537	537	531	503	539	548	545	529	521
Redeemable noncontrolling interest in consolidated subsidiary (Note 23)
-	-	-	-	-	126	115	13	13	14	24	25	23	25	23	23	22	23	22	22	22	23	39	39	39	40	39	38	-	-	-	-	-	0	146	116	113	0
Commitments and contingencies (Note 6)
-	-	-	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	-	-	-
Shareholders' Equity
Common stock- $0.10 par value. Authorized 600,000 shares; 202,765 issued as of 2019 and 2018; 00 and 180,586 outstanding as of 2019 and 2018, respectively
20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20	20
Additional paid-in capital
203	191	189	178	165	154	162	249	238	224	279	270	256	240	241	206	194	179	171	165	158	144	165	150	138	139	141	135	132	129	125	124	136	95	119	150	146	139
Accumulated other comprehensive loss, net (Notes 1 and 2)
-64	-55	-60	-50	-45	-21	-36	-39	-45	-52	-56	-47	-47	-36	-33	-27	-14	-24	-11	1	12	5	3	-0	-9	-9	1	1	-6	3	-0	0	8	7	-2	2	-11	5
Treasury stock, at cost (25,788 and 22,179 shares as of 2019 and 2018, respectively
1,426	1,426	1,042	873	874	876	909	659	635	637	646	623	623	631	641	516	516	493	453	409	412	311	326	237	259	283	287	274	218	221	225	186	149	149	115	115	70	69
Retained earnings
3,761	3,622	3,478	3,365	3,236	3,117	3,004	2,785	2,686	2,590	2,502	2,446	2,380	2,328	2,256	2,191	2,089	2,025	1,966	1,905	1,839	1,748	1,718	1,671	1,626	1,587	1,549	1,507	1,465	1,418	1,380	1,339	1,294	1,254	1,219	1,185	1,153	1,080
Total shareholders' equity
2,494	2,352	2,585	2,640	2,501	2,394	2,240	2,356	2,264	2,144	2,099	2,065	1,985	1,921	1,843	1,875	1,774	1,707	1,692	1,682	1,618	1,607	1,581	1,604	1,515	1,454	1,425	1,390	1,392	1,349	1,301	1,298	1,310	1,228	1,241	1,242	1,238	1,175
Noncontrolling interest in consolidated subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	5	5	6	6	6	7	22	21	20	18	18	19	20	20	19	19	19	18	17	16	15	14	13
Total equity
-	-	-	-	-	-	-	-	-	-	-	2,065	1,985	1,921	1,848	1,881	1,780	1,714	1,699	1,689	1,625	1,629	1,602	1,624	1,534	1,472	1,444	1,411	1,413	1,368	1,321	1,317	1,328	1,245	1,257	1,258	1,253	1,189
Total liabilities and shareholders' equity
7,706	7,774	7,468	7,473	7,466	7,531	6,331	6,218	6,277	6,350	6,366	6,375	6,477	5,423	3,877	3,889	3,812	3,777	3,733	3,720	3,677	3,721	3,686	3,754	3,188	2,039	2,023	1,969	1,936	1,906	1,858	1,849	1,832	1,785	1,952	1,920	1,895	1,710