UNIVERSAL CORPORATION UVV Balance Sheet

Universal corporation (UVV)

Balance Sheet / Quarterly

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	Mar'10	Dec'09	Sep'09	Jun'09
ASSETS
Cash and Cash Equivalents, at Carrying Value
64	53	167	297	138	67	66	234	146	41	128	283	411	294	316	319	167	68	130	248	120	29	148	163	191	74	124	367	341	115	207	261	152	45	93	141	91	43	61	245	164	61	131
Accounts receivable, net
271	337	217	368	336	355	247	377	347	338	209	439	280	251	218	428	267	303	257	434	290	290	238	468	329	365	259	401	351	352	292	390	406	378	322	335	292	315	221	266	255	293	229
Advances to suppliers, net
120	75	80	106	98	53	70	122	108	66	58	103	93	47	69	101	84	40	58	114	106	70	77	134	120	62	64	132	118	80	78	135	94	75	130	160	132	128	122	167	134	89	141
Accounts receivable—unconsolidated affiliates
24	82	63	30	77	107	101	2	1	50	62	2	2	51	46	2	0	59	65	1	0	98	82	7	0	70	62	0	5	69	59	7	0	47	47	10	35	68	42	11	26	39	15
Inventories—at lower of cost or net realizable value:
Tobacco
937	918	898	629	867	935	947	679	796	869	917	565	736	827	846	637	965	999	921	636	1,011	1,164	1,047	639	841	1,037	1,078	623	742	901	962	682	862	966	987	742	940	1,076	1,152	812	770	919	886
Other
84	97	77	69	74	87	73	69	69	90	74	68	67	86	66	60	65	85	69	62	74	100	83	67	74	80	63	57	60	70	61	53	57	73	60	48	50	64	66	52	50	66	66
Prepaid income taxes
13	13	20	14	21	17	20	16	14	21	16	16	11	24	19	17	16	19	28	17	13	28	30	27	28	28	18	6	15	16	17	20	13	17	20	18	8	11	14	13	14	23	14
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	34	20	22	24	30	37	32	36	43	51	51	52	69	54	47	43	47	46	47	48	48	43
Other current assets
61	70	75	71	70	73	71	88	92	94	71	81	61	56	50	70	67	75	72	81	80	83	78	142	127	130	126	124	68	72	65	88	71	70	77	73	65	74	72	75	64	74	80
Total current assets
1,578	1,649	1,602	1,588	1,684	1,698	1,598	1,589	1,577	1,571	1,539	1,561	1,665	1,640	1,633	1,638	1,635	1,652	1,605	1,597	1,738	1,899	1,807	1,673	1,737	1,880	1,834	1,745	1,741	1,723	1,797	1,690	1,712	1,745	1,795	1,578	1,661	1,830	1,798	1,693	1,529	1,616	1,608
Property, plant and equipment
Land
22	22	22	22	23	23	23	23	22	22	22	22	22	22	22	22	22	16	16	16	16	17	17	17	17	17	17	17	17	17	17	17	16	13	14	14	15	15	15	16	16	16	16
Buildings
255	261	262	261	253	269	268	271	269	268	267	266	264	266	264	264	256	252	239	238	239	239	241	239	239	237	235	234	232	230	228	228	225	239	241	257	265	266	262	266	259	259	254
Machinery and equipment
609	609	611	608	603	642	636	634	621	612	606	597	603	599	593	591	591	585	590	576	580	577	574	562	565	563	553	545	553	548	539	537	531	530	537	555	552	551	535	532	535	523	507
Total property, plant and equipment
887	893	896	893	879	935	928	929	913	904	897	886	891	888	880	879	871	854	846	831	836	833	833	819	822	818	806	797	803	796	784	783	773	784	793	827	833	833	813	815	811	799	778
Less accumulated depreciation
592	598	597	590	572	613	604	605	596	587	580	569	569	566	557	553	545	539	534	525	530	528	528	523	531	530	519	509	509	498	486	479	469	479	483	510	512	503	486	485	483	476	462
Property, plant and equipment, net
295	295	299	302	307	322	323	323	316	316	316	317	321	322	323	325	325	314	312	305	305	304	304	296	290	288	287	287	293	298	297	303	303	304	310	316	321	329	327	329	327	322	316
Other assets
Operating lease right-of-use assets
34	34	34	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill and other intangibles
98	97	98	97	98	98	98	98	98	99	99	98	98	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	99	105	105	105	106	106	106
Investments in unconsolidated affiliates
77	79	80	80	80	83	83	89	86	86	82	78	75	81	79	82	75	79	78	76	82	88	94	95	95	99	96	94	92	91	89	93	84	88	113	115	103	107	95	106	124	120	112
Deferred income taxes
16	16	15	13	13	20	19	17	21	23	25	25	24	25	20	23	38	46	33	32	12	18	18	14	27	28	29	23	21	21	21	23	13	14	12	18	36	30	28	30	13	15	20
Other noncurrent assets
50	45	47	50	44	47	45	50	49	42	42	41	41	49	57	61	52	54	72	76	60	68	76	91	89	87	88	55	52	51	50	56	56	51	66	99	96	90	101	106	122	115	91
Total other assets
276	273	276	242	236	250	247	255	255	250	249	244	240	255	257	266	265	279	283	285	254	275	289	301	311	314	314	272	265	263	259	273	253	253	292	332	336	333	331	348	366	357	330
Total assets
2,150	2,218	2,177	2,133	2,228	2,272	2,169	2,168	2,149	2,139	2,104	2,123	2,226	2,218	2,213	2,231	2,226	2,246	2,200	2,188	2,298	2,480	2,401	2,270	2,340	2,483	2,436	2,306	2,300	2,285	2,354	2,266	2,269	2,303	2,397	2,227	2,318	2,494	2,457	2,371	2,224	2,296	2,255
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable and overdrafts
92	155	73	54	129	148	73	45	50	98	45	59	52	71	70	66	65	86	86	59	116	359	205	62	72	194	133	105	87	93	149	128	130	288	263	149	204	372	298	177	151	301	171
Accounts payable and accrued expenses
130	158	179	145	144	162	199	163	138	142	189	153	131	133	165	120	132	155	171	140	146	154	198	212	196	222	275	225	164	187	207	187	199	198	217	213	180	214	239	259	196	214	281
Accounts payable—unconsolidated affiliates
7	0	0	0	1	4	0	16	16	0	0	7	10	0	2	8	21	0	4	3	12	1	0	0	32	0	0	4	0	0	0	0	7	2	0	4	15	0	0	6	17	6	0
Customer advances and deposits
8	6	4	21	56	45	3	7	23	16	1	11	14	37	8	16	41	67	4	30	65	57	61	15	59	92	64	24	60	47	69	16	45	56	65	8	87	86	144	107	38	70	57
Accrued compensation
21	22	23	31	23	22	20	27	19	19	19	32	22	18	22	27	20	18	24	28	20	20	26	31	23	22	29	36	25	23	29	30	20	17	22	30	19	17	17	30	25	22	20
Income taxes payable
1	1	1	1	3	6	6	7	8	3	2	5	7	1	4	7	5	6	4	6	12	11	12	15	15	14	18	14	18	15	17	12	12	9	10	12	11	15	13	18	11	11	8
Current portion of operating lease liabilities
8	8	8	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	118	117	116	115	213	212	211	210	8	17	16	15	10	95	95	95	100	5	15	15	-	79
Total current liabilities
270	352	290	253	358	390	303	267	256	280	258	267	238	261	274	246	288	333	296	268	374	723	620	454	515	759	733	622	567	377	491	392	429	583	674	512	614	807	720	614	454	627	619
Long-term debt
368	368	368	368	368	369	369	369	368	368	368	368	368	368	368	368	368	368	368	370	370	230	235	240	245	173	177	181	185	387	390	392	395	300	321	320	322	326	418	414	414	331	329
Pensions and other postretirement benefits
55	54	59	59	41	56	60	64	74	74	77	80	78	80	88	92	90	93	95	97	73	74	82	85	92	95	132	135	139	140	140	140	95	102	105	102	100	100	98	96	90	86	94
Long-term operating lease liabilities
23	23	23	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
51	56	52	43	38	41	45	45	47	31	31	31	30	41	45	41	33	37	34	36	34	34	36	34	36	35	36	36	86	86	85	90	87	88	44	50	47	52	65	69	71	73	81
Deferred income taxes
28	24	31	28	32	36	28	35	31	54	46	47	29	28	11	29	27	26	22	19	42	39	36	45	59	59	42	42	45	45	40	44	50	59	45	42	44	45	38	46	41	55	51
Total liabilities
797	879	825	753	838	893	806	783	779	810	783	796	745	779	788	778	807	858	817	791	894	1,102	1,010	860	949	1,124	1,122	1,018	1,024	1,037	1,148	1,060	1,058	1,133	1,192	1,028	1,129	1,332	1,342	1,242	1,072	1,175	1,175
Shareholders' equity
Series A Junior Participating Preferred Stock, no par value, 500,000 shares authorized, none issued or outstanding
0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, no par value, 100,000,000 shares authorized 24,693,557 shares issued and outstanding at December 31, 2019 (24,968,799 at December 31, 2018 and 24,989,946 at March 31, 2019)
324	324	325	326	326	324	322	321	321	320	321	321	319	210	209	208	206	207	206	206	205	207	206	206	204	202	201	202	197	197	196	196	194	193	192	191	193	194	194	195	195	195	195
Retained earnings
1,089	1,088	1,084	1,106	1,093	1,084	1,072	1,080	1,058	1,027	1,024	1,034	1,090	1,054	1,044	1,066	1,033	1,005	998	1,020	997	971	972	993	982	959	949	918	910	895	862	854	844	800	823	825	824	798	768	767	770	743	712
Accumulated other comprehensive loss
-104	-114	-100	-95	-75	-73	-73	-60	-55	-58	-63	-69	-71	-73	-76	-72	-70	-71	-66	-74	-47	-44	-33	-34	-40	-42	-73	-75	-73	-81	-90	-80	-58	-52	-39	-44	-53	-51	-66	-52	-36	-36	-45
Stockholders' Equity Attributable to Parent
1,309	1,298	1,310	1,337	1,344	1,336	1,321	1,342	1,324	1,288	1,282	1,286	1,441	1,402	1,388	1,414	1,382	1,352	1,349	1,362	1,368	1,347	1,357	1,378	1,359	1,332	1,290	1,258	1,247	1,223	1,181	1,183	1,193	1,154	1,190	1,185	1,176	1,154	1,110	1,122	1,142	1,115	1,075
Stockholders' Equity Attributable to Noncontrolling Interest
43	39	41	42	45	42	40	42	45	40	39	40	39	36	36	38	37	35	34	34	36	30	32	32	32	26	24	29	28	24	24	22	18	15	15	13	12	6	4	5	8	6	3
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
1,353	1,338	1,352	1,379	1,389	1,378	1,362	1,385	1,370	1,328	1,321	1,326	1,481	1,438	1,424	1,453	1,419	1,387	1,383	1,397	1,404	1,378	1,390	1,410	1,391	1,359	1,314	1,287	1,276	1,247	1,206	1,205	1,211	1,169	1,205	1,199	1,188	1,161	1,115	1,128	1,151	1,121	1,079
Total liabilities and shareholders' equity
2,150	2,218	2,177	2,133	2,228	2,272	2,169	2,168	2,149	2,139	2,104	2,123	2,226	2,218	2,213	2,231	2,226	2,246	2,200	2,188	2,298	2,480	2,401	2,270	2,340	2,483	2,436	2,306	2,300	2,285	2,354	2,266	2,269	2,303	2,397	2,227	2,318	2,494	2,457	2,371	2,224	2,296	2,255